As global organizations grapple with COVID -19 pandemic and the economic uncertainty arising from lockdown, IT security is becoming increasingly a matter of concern. The Security and Risk Management (SRM) pros are on their toes to strengthen their organizations’ digital resilience to combat unexpected disruptions in the business process. Any cyber attack or insider mischief with sensitive data could seriously hurt any organization at a time when employees, vendors, and contractors are remotely accessing systems. ARCON believes that organizations will have to revisit their cybersecurity policies so that the current crisis does not aggravate economic and business continuity challenges. Here are the high priority areas that every organization should look at to mitigate IT security risks.
Redefine data security strategy, bolster enterprise security with Privileged Access Management
Data is the life-line of any business. Protecting data from cyber threats has always been a foremost priority for any modern-day organization. Today’s COVID-19 situation has intensified the need to secure data assets to another level due to the steep rise in malicious activities by organized cyber criminals. This is the time when SRM pros need to reassess their security preparedness as to data. There has to be an unambiguous policy as to who will be accessing what? The perimeter security with firewalls and Intrusion Detection systems is no more adequate. Most of the sophisticated cyber attacks and insider threats arise from privileged access abuse. The challenge is compounded by the fact that today’s IT environment is very complex. Data is not just stored in on-premises data centers, but moved to Cloud Service Providers (CSP) and Managed Service Providers (MSP). Against this backdrop of distributed and shared IT environments, protecting data demands a secure and efficient IT administrative interface, which is provided by practising Privileged Access Management. ARCON Privileged Access Management provides modern-day organization’s information security framework an additional security shield by providing just-in-time privileges, password rotations and vaulting, robust granular level control and multi-factor authentication to ensure smooth privileged administration workflow and day-to-day administrative and IT operational use cases.
Vigilant Eyes on Remote workforce and segmented identities with unified governance framework
Amid WFH directives, day-to-day IT administrative tasks are conducted remotely and confidential information is increasingly accessed using VPN access or Demilitarized Zone ( DMZ ) instances. Consequently, the number of privileged tasks and privileged identities are multiplying . This changing work paradigm has expanded the risk surface. ARCON provides a set of robust features such as User Restriction, real-time monitoring, secure VPN-less connection via secure gateway server, privilege elevation to overcome the challenges arising from segmented network identities.
Artificial Intelligence and Machine Learning to flag risky behavior profiles
Identifying and predicting all potential privileged identity vulnerabilities in an underlying digital ecosystem is extremely important. The current context demands a capability to predict risk as much as it calls for protecting and preventing risk. It is imperative to detect the end user behavior patterns through data-sets to decipher from where the next attack might originate. At ARCON we believe that AI can significantly help to flag user anomalies. Therefore ARCON has created Knight Analytics– an AI tool that includes machine learning with powerful algorithms capable to analyze a huge amount of enterprise data history to detect, predict, and display evolving threats, attack patterns, risky patterns, suspicious behaviour and behavior anomalies from logged data in ARCON Privileged Access Management.
The intelligence gathered from logged data history by these preprocessed ML programs analyzes users, user groups, service groups to understand both deviance from baseline activities and the risky IT behavior patterns whilst AI predicts risk scores/ risk percentage of each activity. The AI tool’s predictive model thus helps security and risk assessment teams to make well-informed decisions to safeguard critical information/ privileged identities from getting compromised.
ARCON is a leading enterprise risk control solutions provider, specializing in risk-predictive technologies. ARCON | User Behaviour Analytics enables to monitor end-user activities in real time. ARCON | Privileged Access Management reinforces access control and mitigates data breach threats. ARCON | Secure Compliance Management is a vulnerability assessment tool.