Confidence in cloud security is growing. According to the Ponemon Institute’s 2018 Global Cloud Data Security Study, the percent of IT managers who feel that it is difficult to secure confidential or sensitive information in the cloud has fallen from 60% in 2016 to 49% today. That trend notwithstanding, many in the industry still feel cloud security is difficult to achieve. The same study reveals that 71% of IT managers believe is more difficult to apply conventional information security in the cloud computing environment, while 51% think it is more difficult to control or restrict end-user access.
Imagine a hacker is lurking inside your network. Indeed, it’s likely a few malicious actors are already inside your domain despite your best efforts to keep them away. Now, imagine the hacker stealing the credentials of a trusted system administrator. With the back-end access permitted to this privileged user, imagine the kind of damage the hacker can do.
Outsourcing of security is on the rise. The MSSP business grew into a $9 billion category in 2017, and Gartner reports that over 50% of organizations will be outsourcing some or all of their security work to Managed Security Service Providers (MSSPs) by next year.
Cyber resilience refers to how well an organization can recover from a cyber incident. Many factors contribute to success with cyber resilience, but any attempt to achieve cyber resilience should prominently feature Privileged Access Management (PAM).
More and more organizations are making the jump to the cloud in an effort to simplify IT and business management. Although this move can make it easier for organizations to scale operations and have more agility to evolve based on the market, it leaves them vulnerable to an ever-growing range of cyber threats. In order to reap the benefits of utilizing cloud environments while protecting organizations from attack, teams need Privileged Access Management (PAM).