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Why did ARCON build My Vault solution?
As enterprises grow, the volume of data they generate and manage expands continuously. This ever-increasing data demands strong safeguards for security, integrity, and privacy. While implementing robust access controls is essential, it’s not enough that data remains vulnerable if stored in unsecured or poorly designed systems. Organizations must adopt a zero-trust approach to protect critical business information, ensuring that every access and storage layer is continuously verified and secured.
Hence, the context behind building ARCON | My Vault lies in the growing challenges organizations face in managing and securing sensitive digital assets—like passwords, SSH keys, certificates, and confidential files—in an increasingly complex IT ecosystem.
Brief about ARCON My Vault solution
ARCON | My Vault is a secure, cloud-native (also available on-premises) solution designed for enterprises to store, manage, and share sensitive files, secrets, and credentials. Built on a microservices framework, it offers robust security and operational efficiency for IT teams handling confidential data.
- Safely stores critical assets like passwords, SSH keys, certificates, and software patches in an encrypted format, with options for time-bound access and automatic deletion.
- Enhances security posture by whitelisting the file types that should be supported in the My Vault Application; rest of the files are automatically blacklisted/ restricted
- Implements granular access permissions, ensuring users access only the data they’re authorized to, adhering to the principle of least privilege.
- Facilitates the secure sharing and management of secrets and files, including features like ownership transfer and download restrictions to prevent unauthorized access.
- Provides real-time audit logs and monitoring capabilities, enhancing transparency and compliance with security standards.
- Helps the users of My Vault who can request to download/ share/ transfer data files from the owner who has uploaded publicly with file request permission.
- Seamlessly integrates with ARCON’s Privileged Access Management solution, allowing for centralized control over privileged accounts and sensitive data.
ARCON | My Vault is particularly beneficial for organizations aiming to enhance their data security posture, streamline IT operations, and ensure compliance with regulatory requirements. Recently, ARCON added three unique features to the solution that can address multiple industry use cases and fulfill requirements from the IT risk management teams.
Let us delve deeper and check out the three features.
My Vault DRM tool
Use Case: Suppose any user is required to upload/share data files to My Vault to protect them from unauthorized access. In that case, the data owners typically log in to My Vault whenever they wish to upload anything. It is time-consuming, frustrating, and risky as well. Once integrated with My Vault, the DRM (Data Risk Management) tool helps users upload/ share data files to the DRM folder without security worries. The data files in the DRM tool eventually get uploaded to My Vault, which keeps all the files in sync.
This tool enables users to seamlessly sync files and folders with My Vault, ensuring secure and centralized storage. It safeguards digital content by regulating how it is accessed, shared, and distributed, empowering data owners to retain full control over their intellectual property while preventing unauthorized usage, duplication, or piracy.
Cross Domain Sharing/ Collaboration
Use Case: If there is any requirement for any user to collaborate with third-party users/ partners or anyone from external domains, data security becomes a concern. While sharing confidential and critical data files/ folders, how does My Vault ensure security while internal users collaborate with users from external domains?
My Vault enables secure file and folder sharing across user domains, facilitating seamless collaboration with external stakeholders. With granular permission controls set within the Vault, cross-domain users must complete two-factor authentication (2FA) before accessing any shared content — ensuring an added layer of security and access accountability.
Dynamic Secrets Management
Use Case: Enterprise secrets are sensitive information critical to a business’s security, competitiveness, and operations. Unauthorized access to these secrets can lead to security breaches, financial loss, reputational damage, or competitive disadvantage. These secrets include authentication credentials, tokens, encryption keys, configuration secrets, etc. There could be catastrophic consequences if any of these enterprise secrets are compromised.
ARCON My Vault helps organizations protect valuable data, including PINs, web applications, certificates, services, and SSH keys. It involves implementing robust practices to ensure the security of sensitive information.
Conclusion
ARCON My Vault is an essential information security solution in modern enterprise use cases. It offers a centralized repository to protect, store, and share confidential business information and secrets securely. The three new features added to the solution offer additional benefits from a data security and administrative perspective.
