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.
Addressing risk factors
Outsourcing of IT operations to a third party environment involves an element of risk. Indeed, as an organization migrates IT workloads to IaaS environment, there is an imminent threat to confidential data. Privileged accounts risk abuse from malefactors in the third-party environments.
Some of the common challenges related to privileged access for security and risk management team include:
- Who is accessing privileged accounts?
- Is there a granular level control over privileged users?
- Are IT and privileged users segregated in terms of roles and responsibilities?
- Are privileged sessions monitored?
- Is there a robust validation mechanism?
- Are audit trails maintained?
Join our webinar.
“Challenges for Managed Service Providers Offering Privileged Account Management as a Service”
on July 2, 2019, 4pm CEST, 10am EDT, 7am PDT.
Martin Scherrer-VP Business Development ARCON
Martin Kuppinger- Principal Analyst Kuppingercole
Kai Büdel-Solution Architect Prianto
With so many IT vulnerabilities looming large, it is highly imperative that the security posture to protect privileged accounts is robust in MSP environments. Even if the third-party offers complete assurance about maintaining the security of all the endpoints in the network, it is always advisable to avoid taking chances.
In order to minimize the risk vector, it is critical to adopt best privileged access management practices so that all privileged accounts are monitored and controlled.
Privileged Access Management offers a centralized control point through which all access to critical business applications and database servers are routed to audit trails whilst real-time monitoring and strong validation mechanism would mitigate data breach threats.
ARCON | PAM a trusted name in MSP environments
ARCON | Privileged Access Management (PAM) solution provides comprehensive solution to Privileged User Management. It helps to mitigate both internal and external risks by controlling Privileged Account user access to enterprise data. ARCON | PAM can reduce the risk and cost of managing privileged users and reinforce access controls around privileged users.
- Robust Privileged Access security across entire vendor network
- Granting Access Control to Privileged Users only on ‘Need to Know’ ‘Need to do’ basis
- Generate Privileged User Reports of MSP from security access logs quickly, making audits easier
- Address regulatory compliance
- Ensure data security
- Enforce accountability and segregation of duties
- Proactively report on the status of key compliance policy
- Reduce administrative cost and complexity
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.