Why Risks Loom Over Despite Deploying Security Measures
August 04, 2016 | Security, Sandboxing, Encryption, Firewall, Insider Threat, Cyberspace, Data
Organizations usually have a tendency to safeguard IT systems against external vulnerabilities but often insider threats are overlooked.
Very often IT security product developers get blamed for scaremongering. Critics say that IT security firms, akin insurance companies, always pass negative information and ring false alarm in the market, pushing managers to buy security products.
The argument draws a second thought if our cyberspace is devoid of any cyber-crime data. But that’s not the case. Every week, month after month, we discover, cyber-criminals through their advanced know-how, inflicting heavy financial losses through phishing, hacking, and breaching IT infrastructure of companies.
Not surprising then companies adopt countermeasures to thwart growing cyber-frauds amid increased digitization of businesses activities, which in turn, gives rise to new technology.
The changing nature of cyber-crime yielded many types of advanced IT security related technologies. IT systems are now encrypted, which allows companies to have secret keys and passwords to decrypt the data.
Likewise, companies deploy sandboxing, which creates a quarantined area to check incoming software, thus cutting down possible risks emanating from cyberspace.
And not to forget, our old and trusted, firewall, a network security system that keeps a hawk-eye on both incoming and outgoing network traffic.
But does that ensue your IT systems are completely immune to risks?
Millions of data-breach incidents, a rising number of cyber-heist cases, and assaults on IT infrastructure point that there is something more which needs our attention, urgently. Yes, you guessed it right. It’s the growing insider threat which is harming more than the outsiders.
In most cases involving data-breach, malicious insiders act as the central character. These malicious insiders are often the ‘trusted’ system ADMINS or managers, who have access to privileged accounts.
In other words, they have access codes, keys, and passwords to highly sensitive database servers. So, it doesn’t matter if you have encrypted data, a malicious insider can wreak havoc in your company.
How about a solution which can help you constantly monitor and audit privileged sessions. Risk-management solution like Privileged Identity Management (PIM) also known as Privileged Access Management (PAM), is a comprehensive security solution, which helps you in predicting, protecting, and preventing unauthorized and unusual activities involving the privileged/ super-user accounts.
So the next time if a CIO or CISO plans to reinforce IT security systems, it is imperative that the insider threat is not overlooked.
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