Rising cyber thefts underscore banks

Datacenter: Maintain it like a fort

  November 16, 2016 | Datacenter, Sandboxing, Intrusion Detection System

Since prehistoric times, forts have a special significance in our lives. From medieval castles in Scotland to ancients forts built by Greeks, Romans, pre-independence princely states of India, and Egyptians-- these garrisons have played a crucial role for serving defense purposes of armies—a prerequisite to build successful empires. Stronger the fortifications, more successful were the empires.

Same goes for modern-day businesses where datacenters that house firms’ computer systems are extremely vulnerable to cyber-attacks.

Indeed, in today’s highly interconnected world, reliant on a huge amount of data, protecting information and critical assets that get stored in a host of servers-- housed in your datacenters-- is extremely vital for not only  fulfilling cybersecurity compliance requirements but also for a firm’s reputation among customers and all other stakeholders.

Safeguarding datacenters is elementary across all industries. While financial institutions sit on a huge heap of customers’ highly classified data like account/debit-credit card details, government organizations collate public information like social security numbers etc. and industries like pharmaceutical and manufacturing store intellectual properties in database servers.

Moreover, in the wake of organizations rapid switch to third party servers, cloud, and hybrid environment for maintaining datacenters--vulnerabilities have increased, which demands more security controls.

If these critical assets get compromised, it could wreck organizations.

That’s why firms need to look itself as an empire and manage datacenters like strongly equipped forts. 

But are organizations doing enough to fortify datacenters?

Organizations have upped the ante against cybercrime to protect data pilferage by integrating measures like intrusion prevention systems (IPS), intrusion detection systems (IDS), sandboxing, firewall, and a host of other security solutions.

The objective is to monitor outbound traffic and malicious software by integrating security measures that can track data exfiltration amid rising use of ‘Bring-your-own-device’ (BYOD) culture.

Organizations, however, to a large extent, pay a very scant attention towards unusual behavior inside its IT periphery. A growing number of data breach and identity theft incidents occur as malefactors (insiders or external cyber frauds) take advantage due to lack of Identity and Access Control Management in place. In most cases, malefactors (mainly malicious insiders), who have ‘master-keys’ or elevated authorization (Privileged Identities/Accounts) to access advanced secure configuration, thereby the entire system, play a key role in data thefts. 

ARCON is a leading enterprise risk control solutions provider, specializing in risk-predictive technologies. ARCON | User Behavior 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.

Need a solution for safeguarding critical IT assets? Please contact us


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