On 28th July 2020, at 11:30 am EAT, ARCON Tech Solutions organized an exclusive webinar for the East Africa region. The topic was: Predict, Protect, Prevent: Modern Security Paradigm for Modern Enterprises. 150+ attendees from India, Kenya, Nigeria and South Africa attended the webinar. Aditi Jain, from the product development team, represented ARCON and delivered a presentation on the importance of Privileged Access Management (PAM) in modern enterprises.
Have you ever heard about 250 years old ‘The Great Banyan Tree’, in the AJC Bose Botanical Garden, Kolkata, India? The vastness of the tree is almost the size of a Manhattan city block with 80 ft high and an area of 14,500 square ft. The number of roots and prop-roots of this banyan tree has surpassed 3600 and it has been a real botanical wonder since ages.
KuppingerCole recently published its “2020 KuppingerCole Leadership Compass for Privileged Access Management (PAM)” report and ARCON has been recognized as an Innovation leader by Paul Fisher, the lead analyst. This independent analyst firm from Europe has identified Privileged Access Management (PAM) as one of the crucial components of IT security and risk management in any organization. Today PAM is one of the most indispensable tools to maintain the cybersecurity posture of an organization.
As global organizations grapple with COVID -19 pandemic and the economic uncertainty arising from lockdown, IT security is becoming increasingly a matter of concern. The Security and Risk Management (SRM) pros are on their toes to strengthen their organizations’ digital resilience to combat unexpected disruptions in the business process. Any cyber attack or insider mischief with sensitive data could seriously hurt any organization at a time when employees, vendors, and contractors are remotely accessing systems. ARCON believes that organizations will have to revisit their cybersecurity policies so that the current crisis does not aggravate economic and business continuity challenges. Here are the high priority areas that every organization should look at to mitigate IT security risks.
Digital technologies have spurred innovation and brought a sweeping transformation in the way businesses and government organizations administrate day-to-day operations. It’s altering our lives, bringing people closer whilst it has opened up new avenues for today’s organizations to add value to business, increase productivity, and grow at a faster pace. According to the World Economic Forum (WEF), new technologies spend was expected to increase by 13% compound annual growth rate to $2.4 trillion per year between 2016 and 2020, led by 42% in the IOTs of the total spend. That’s not surprising. Investments in digital technologies raise productivity. In the 2018 report, Digital Transformation Initiative, Maximizing the Return on Digital Investments, co-written by Accenture and the World Economic Forum, the research highlights that the productivity of organizations investing in new technologies is three times higher.
The power in numbers
Remember our school days, when we were taught in Mathematics, that if a particular task is completed by 5 people in 10 hours, then 10 people would complete the same task in 5 hours? The conventional adage suggests that the more number of people, the less number of time and energy taken to accomplish a particular task.
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.
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.