Apart from connecting an organisation together, a company’s internal networks are a repository of countless passwords, balance sheets, and personal information – all of which, if leaked, can cause havoc. However, access to this information is typically only available to privileged insiders, who ensure that this information is in safe hands…right?
Wrong – Earlier in 2016, Forester Research reported that nearly 80% of security breaches arose from the misuse of privileged insider privileges. Looking to take advantage of this, hackers, phishers, and other malicious parties are adopting state-of-the-art technologies and anonymity techniques to break into organisations and compromise their privileged insider credentials.
It is for this reason that organisations world over are rapidly adopting Privileged Access Management (PAM) to ensure watertight security for their confidential information. PAM ensures that even privileged insiders (in most case system administrators) who have been compromised or are malicious in nature are not allowed access to the inner sanctum of your organisation, ensuring the safety of your assets, security, and reputation.
But then, who enforces it? A half-baked and poorly implemented PAM framework can potentially be more expensive than no security protocols.
Enter Lyra Infosystems – an industry leader in secure remote support services and veterans in the field of Privileged Access Management. Using our three-pronged control, manage, and monitor formula, we don’t just rid your organisation of malicious parties, we also incorporate a comprehensive Privilege Access Management system. This ensures your organisation is part of a select minority that is well-prepared for any attempt on your privileged access.
By leveraging Lyra’s Privileged Access Management services, your organisation can:
● Regulate privileged access to business assets that leverage web-based management consoles for IaaS resources, hypervisors, and network infrastructure.
● Prevent internal and third-party users from accessing restricted areas of the network – with PAM, your organization can define what end-point users can access, schedule when they can access them, and white-list or blacklist applications for a comprehensive approach to privileged access.
● Record videos and transcripts of all session activity for forensics analysis, ensuring comprehensive backups and providing invaluable security proofs.
● Provide mobile access control (for Android and iOS) and browser control, in addition to desktop access control. This promotes convenience and makes sure that problems can be nipped in the bud if they arise.
● Give access to authorised parties without risking the exposure of privileged account credentials and password management solutions.
Considering the severity and the frequency of such attacks, there is no doubt that most organisations all over the world will be adopting Privileged Access Management in the next few years. This will occur in one of two ways – either by wisening up as a result of an expensive security breach or by deciding that prevention is better than cure.
Which category does your organisation come under? Let us know !