Managing Privileged Accounts to fulfill compliance requirements
Febuary 08, 2018 | Compliance, Policies
The legal framework supporting cyber security is becoming increasingly stringent as modern day enterprises turn more digitized. Indeed, while digitization of business boosts operational efficiency, it also brings new advanced cyber risks that can compromise an enterprise’s IT systems, and confidential data.
Every year, organizations -- big or small-- suffer insurmountable losses due to data breach.
As data flows through multiple layers of IT infrastructure, any enterprise risks compromising critical business information, customer data, intellectual property from external or internal malefactors. Regulators now expect organizations to adhere to several compliance standards.
Compliance frameworks such as PCI DSS, GDPR ,HIPAA explicitly demands robust internal controls. Organizations are expected to securely store, process and manage data. Further, several compliance standards also require organizations to be in position to timely detect, report and respond to data breach incidents.
Data security & data privacy, therefore, has become one of the key objectives for the corporate boards. Organizations of all shapes and sizes now typically have an unambiguous cyber security policy and practices around data security.
More importantly though modern day business’ IT ecosystem should support effective access and control management. End users should be granted access only on “need to know” and “need to do basis” principles whether data center is managed from premises or private/public cloud.
Whereas highly advanced IT infrastructure would yield productivity gains in the digital commerce age, process improvements might get offset by weak internal security controls.
For this very reason, regulators expect global organizations to follow various compliance standards-- a set of pre established guidelines to protect information assets to manage and safeguard critical information.
Deploying Privileged Access Management solution can address data security concern for any enterprise. Privileged accounts, in most cases, are the biggest sources of critical data breach. Malicious insiders and third-party malefactors, privy to vital information, can compromise data assets, if these accounts are not monitored and controlled.
How ARCON Privileged Access Management (PAM) helps in meeting compliance requirements whilst safeguard your enterprise’s critical information?
ARCON enterprise-class PAM seamlessly tracks and monitors every single access to Privileged Accounts, present at any layer of IT infrastructure
Isolates anomalies in real time thereby preventing activities that could be fraudulent
Comprehensive reporting, audit trails and session recordings to ensure all privileged sessions are tracked
Secure password vaulting, 2 Factor Authorization and database encryption among many other features ensure that your confidential information is secure from unauthorized access
ARCON provides state-of-the-art technology aimed at mitigating information systems related risks. The company’s Privileged Access Management (PAM) / Privileged Identity Management (PIM) solution enables blocking unauthorized access to ‘privileged access’, while its Secure Configuration Management solution helps to comply with Governance, Risks, and Compliance (GRC) requirements .