Privileged accounts security: Addressing the most common pain point for an enterprise

Organizations , in order to scale up operations and boost efficiency, have been adapting to newer technologies. The pace at which modern day enterprise is streamlining IT operations by embracing technology changes is simply a manifestation of the ongoing velocity of digital transformation across all industry verticals.

Organizations understand it very well that to be among the best, it is imperative to constantly improve upon operation and process management.

One area where ARCON is observing rapid transformation among today’s enterprises is an adaptation to cloud technologies and managed service environments. From global oil & gas majors to media companies, enterprises spanning wide-ranging industries are shifting their workloads in a distributed environment. The transformation is bringing process improvements whilst enterprises cut operational expenses by diverting funds to other critical resources rather than spending money on legacy IT infrastructure in premises.

But as enterprises are reinforcing IT infrastructure and consolidating it through virtualization, one important area that organizations need to pay more heed is on data security. Managing and safeguarding data is extremely important in this digital age. Who is accessing, what is being accessed, when it is being accessed, are some important activities that every enterprise should be able to keep a tab on.

Misuse of corporate confidential information often stems due to inadequate identity & access control management. Privileged accounts, super admin accounts, that provide access to critical information are often operated with shared credentials and without proper mechanism in place to monitor and audit activities around ‘trusted privileges’. Malicious insider/s or external malefactors could harm an enterprise by compromising information assets.

Managing and ensuring secure privileged access remains as one of the biggest pain points for any organizations. This enormous challenge arises due to a high level of complexities involved in managing a large number of privileged accounts
Privileged accounts are prevalent in any IT ecosystem. These are present across multiple IT layers, such as privileged accounts for mainframes, web applications, ERP applications, database servers, cloud services, and other critical target systems.

If any of those trusted privileges are compromised, an enterprise could lose not only highly confidential information, but productivity would also take a hit due to regulatory implications.

Solution: Privileged Access Management. It provides a security blanket that sits on top of the entire IT infrastructure such as Operating systems, Databases, Network devices and Security devices. All Administrators, IT Operators and other privilege users including (Application Interfaces) are allowed to login to their authorized systems only by using a unique user ID, Password and OTP provided to them. Once logged in, view/modify access is provided only on “need to know” and “ need to do” basis. Further, activities carried out are recorded and complete audit trails are maintained. The bottom line: As vital information is stored in a distributed environment, enterprises today has one additional responsibility: to safeguard information assets. It imperative that a robust compliance and governance policies are formulated. By deploying automated tool such as Privileged Account Management, an enterprise not only gains operational efficiency, but also becomes adequately fortified to mitigate data breach risks.

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.

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