Did you know that the greatest threat your organization faces is from your own privileged users? Intentionally or not, employees and 3rd-party providers with privileged accounts represent your most significant vulnerability to cyber attacks.
Cybersecurity is a growing issue for businesses worldwide, as the data they handle becomes more and more significant and the threat of a breach more imminent. Nowhere is this challenge more evident than in the Retail sector, where systems are widespread and consumer data handling is constant.
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.
Organizations need to support the activities of a wide range of end-users, including third-party vendors, contractors, temporary employees, and more.
Industry 4.0 puts capabilities like interoperability, data transparency, and autonomous cyber systems into the service of industrial operations. The trend relates to cyber-physical systems, cloud computing and, the most pervasive of them all – the Internet of Things. Its openness, self-directed and interconnected nature creates new security challenges. Privileged Access Management (PAM) solutions can play a key role in reducing the risk.
