As global firms grapple with increased cybercrimes, compliance managers are paying more heed to cyber security, especially the data.
Organizations now follow a strong IT security and governance policy, leading to more investments on security solutions like firewall, Intrusion Prevention system (IPS) and Intrusion Detection systems (IDS).
Yet, identity thefts and data breaches are rising.
This is because; organizations give scant attention towards securing privileged identities– master keys to a host of database and application servers.
Indeed, in our recent cyber security survey ( which will be soon published), it was found that while more than 90% of firms have invested in firewall, IPS and IDS, a mere 34% have deployed Privileged Access Management (PAM) / Privileged Identity Management (PIM) solution in their IT ecosystem.
Privileged Identities are typically administered by System ADMINS and IT Personnel, who have unlimited access to network devices, database servers, and computer operating systems, thereby giving them complete authorization to view and modify the data.
Further, organizations’ IT environment is ever-expanding. As business grows, firms reinforce their IT systems, which invariably leads to proliferation of privileged identities. And as growing number of identities enjoy elevated authorization which enable them to access advanced system configuration, organizations are not able to keep a tab on the number of privileged identities that exist within their IT ecosystem. If firms fail to secure these identities, malefactors exploit the security gaps by stealing the data through gaining unauthorized access to such identities and therefore the system.
That lackadaisical attitude needs to change because no other security solution can prevent threats to privileged identities alike Privileged Access Management solution.
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.
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