The global digital workspace is expanding at rapid pace and by 2020 most of the organizations would take the path of digitization worldwide. Simultaneously, types of security breaches are getting sophisticated day by day and CSOs, CISOs or CIOs of these organizations are on their toes to maintain a robust security framework to keep data theft at bay. The cyber crooks are even eyeing on newer ways to take illegal hostage of the privileged accounts and eventually access confidential information and records.
Today, managing data is one of the biggest challenges of the organizations especially in a shared and distributed environment. Public cloud and private cloud are preferred to store data both in large and medium business organizations. Only a robust and reputed enterprise security solution taking ceaseless vigilance on the accounts accessing confidential and sensitive data can save the data from falling into wrong hands.
BYOD (Bring Your Own Device) culture is another reason which is keeping the IT officers continuously alert on what activities are happening in the official network. The growing number of devices working in the network peripheral means more number of end users working in the same network. Thus it becomes too imperative to have a proper access control system in place. Any unmonitored and uncontrolled access can create havoc for the organization in terms of both money and reputation.
Who can forget the infamous data breach incident of one of the biggest food and beverages organization or data leak of a popular automobile company last year? Investigations revealed that some former employee played the culprit’s role to tarnish the company reputation and both the organizations were forced to take stringent action to evade any similar incidents further. This brings in the importance of identity and access control management in modern enterprises.
Most of the global organizations are victims of unauthorized access and inadequate password management which pose as big challenges today. Every year billions of dollars are lost due to various incidents of data breach, system hack, phishing and other malicious activities around privileged accounts or identities. Adequate usage of privileged access management can keep us away from access or identity breaches.
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 | Secure Compliance Management is a vulnerability assessment tool.