In a continuously evolving technological landscape, global organizations are coming across new challenges to store and protect a huge amount of business data generated every day. While data being the core of any business, it plays the most important role in maintaining business continuity in any industry. While many organizations go all the way to protect tons of data generated every day, few are partially concerned about the security and the remaining stay least bothered about the security of their data assets.
A rundown on webinar hosted by ARCON and KuppingerCole
With a mission of spreading information security awareness and educating global folk about the security risks involved in uncontrolled and unmonitored privileged activities and their remedies, ARCON has become a global thought leader in the IT risk-preventive technology space. We participate in the global events, showcase our technological prowess, deliver speeches in summits and round-table on the role and importance of Privileged Access Management in front of IT security pros whilst learning about the emerging IT security threats to upgrade our solutions to the next level. With this, we have moved a step ahead in our thought leadership campaign by conducting an exclusive webinar in association with KuppingerCole Analysts team on 2nd July, 2019. The Webinar had the subject of “Challenges for Managed Service Providers Offering Privileged Account Management as a Service”. The eminent speakers of the Webinar were:
As the latter half of year commences, ARCON would like to take you back in the last six months in which the company has been busy with global thought leadership summits and round-table conferences.
ARCON would like to recollect and highlight some glorious moments of our journey, wherein it shared in-depth knowledge of Information Security space as data security becomes the most indispensable issue for IT security and risk management teams.
Today, it is a big challenge for organizations to secure their Information assets from persistent cyber threats from both external and internal malefactors, arising mainly due to distributed nature of IT infrastructure.
Take for instance, the Managed Service Provider (MSP) model. MSP is a cost-effective alternative for organizations to ensure business continuity with limited workforce and capital. Enterprises can divert resources to other operational areas as transferring workloads to MSP provides an IT infra to store/ process data and work on a host of applications among other rudimentary computing services. In other words, it saves a huge amount of money as there is no upfront IT capital expenditure. MSP remotely manages any organization’s IT infrastructure or user systems based on a specific organizational policy.
Data – the lifeline of any business organization, is under grave risk today due to numerous cyber security threats. Along with the rising number of threats, the nature of attacks is also getting sophisticated day by day. The cyber crooks are adopting advanced hacking techniques to steal sensitive data. Phishing, Ransomware, DDoS (Distributed Denial of Service) attack, Insider sabotage, social engineering, Botnet, cyber espionage etc. are some of the most common ways used by malefactors to abuse data.
Recently, a Government organization from Healthcare industry in APAC region revealed that almost 14,000 health records were leaked online because of a malicious insider. The organization never thought that they could lose their sensitive health records to someone trustworthy (apparently) in unbelievably nasty way. Couple of months back this incident shook the cyber world and forced every global organization to reinforce security audit of their IT infrastructure, employee roles, their activities and access control mechanisms.
In the beginning of 2019, more than 773 million email IDs and 21 million passwords were hacked which is claimed to be the biggest hacks of this year (so far). Australian researcher Troy Hunt discovered this and mentioned it in his website “troyhunt.com”. This incident threw a fresh question to us whether we are digitally safe. Previously, different stray breach incidents shook many large and small enterprises worldwide and forced them to take immediate initiatives for adequate security measures.
Probably there are more number of digital identities today than the human population on this planet. Indeed, digital identities have spiralled as our modern day economy is propelled by cloud computing, artificial intelligence, and big data analytics among several other disruptive technology innovations.
Privileged Access Management (PAM) has become an integral part of overall cyber security framework for any modern-day organization. As privileged accounts provide access to confidential information, securing them from any untoward incident (abuse of privileged credentials or accounts) remains one of the major concerns for the Security and Risk management pros.
Privileged Access Management (PAM) is one of the most discussed area of today’s cyber security arena. With the increased number of alarming data breach scenarios worldwide, it is very obvious that PAM solution would shield the organizations from any threats arising from unmonitored accounts or poor access control system. Here is a brief account of few practices that could enrich Privileged Access Management (PAM) to the next best level of robustness.