Data Breach: Time to identify Inherent Risks and adopt preventive measures

(Continuing from Part – 1)

While we discussed rising cyber-threats and financial costs associated with those in the previous article, ARCON identifies the major reasons behind Information Security related threats in this edition.

  • Organizations risk the integrity and confidentiality of data when there is a lack of robust password management policy. Normally, there are many privilege users within an IT setup. However, privileged credentials are often shared among multiple users which makes an enterprise vulnerable to insider threats and hacking It is extremely difficult to establish a manual control around password change process which poses as a big challenge. If there is no automation in password management where passwords are frequently altered and randomized then definitely there are chances of data misuse. ARCON | PAM offers Password Vault – a robust engine that stores privileged passwords in a highly secure electronic vault and frequently randomizes the privileged passwords.
  • On many occasions, organizations fail to incorporate a rule and role based centralized policy to govern end-users. A centralized access control policy removes ambiguity around ‘the privileges’. It defines the limit, responsibility, and roles for each privileged entitlement. This way, IT security staff can restrict users from making an unauthorized access attempt to critical systems. ARCON | PAM offers a granular level access control that defines, decides and restricts the end-users according to their roles and responsibilities in an enterprise IT network. For instance, if an IT administrator entitles someone from the HR department to access only the employee daily attendance data then other crucial information such as employee salary data, employee personal records or some other form of confidential information stored in applications will be restricted from his/ her access. The IT administrator can even customize the access rights by defining the day, time and duration of his/ her activity. ARCON | PAM even allows the administrator to decide whom to give “read-only” access to the confidential files and whom to provide editing rights. This eventually strengthens the privileged access control framework of the organization at granular level.
  • While cloud computing, Big Data, AI, IoT marked the revolution of new-age technology, the challenge of securing a huge amount of data took a different turn again. Today it is indispensable for organizations to practice strong multi-level authentication process as a part of validating privileged users. Gone are those days when organizations used to be dependent on one/ two factor authentication to ensure validity of an IT user. With the advent of advanced and sophisticated hacking techniques, most of the mid and large scale organizations realized that a simple user ID and Password can no more protect the privileged identities from malicious insiders, compromised third-party users or even organized cyber criminals. The Multi-factor authentication (with adaptive authentication) of ARCON | PAM ensures a robust validation of privileged users trying to get access to the privileged accounts – the gateway to confidential information. The mechanism of adaptive authentication is based out of the experience of past user behaviour which mostly happens through aspects like Geo Location, IP address, Typing Speed. This AI-based technology determines whether the user activity is happening through an authentic environment, else, the administrator is notified immediately. In fact, organizations use this tool to enhance the existing biometric authentication process with the help of device IP and its location. This tool is the determiner of modern IT security standards for strong and accurate authentication of authorized end-users.

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 | Endpoint Privilege Management mitigates risks arising out of endpoints. ARCON | Secure Compliance Management is a vulnerability assessment tool.

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