You may be familiar with Privileged Access management – PAM – because of its capabilities as part of a comprehensive defense against cyberthreats. In a strong PAM solution those capabilities are many and varied, and allow network security teams to design a defense-in-depth strategy that adheres to security-first, Zero Trust principles to secure their organizations' most sensitive assets. Yet as important as it is to protect against cyberthreats, there is another key aspect of cybersecurity with which organizations need to concern themselves: Compliance with regulatory and industry standards.
More than a quarter of all cyberattacks are aimed at financial systems – more than any other vertical. In 2019, Capital One, Desjardins, First American Financial, Westpac, and even the Bulgarian National Revenue Agency have all been the victims of successful cyberattacks, and there is no reason to think that such attacks will lessen.
The EU’s General Data Protection Regulation – or GDPR – has now been in force for a year. Because of the ongoing impact it has on business, this first anniversary is a good opportunity to step back and reexamine GDPR in terms of why it exists and what it calls for, as well as look at a couple of notable non-compliance cases that have already been brought to serve as a reminder – and a warning.
The key objective of any CISO (Chief Information Security Officer) is the prevention of impact to the organization from any form of security breach. This, as we know, is much easier said than done. A good CISO, in fact, comes to work every morning assuming that a breach has already happened, with a view to fixing any vulnerabilities and securing the system to the highest standard possible. Every single day.
Privileged access management, or PAM, is software that helps organizations maintain complete control and visibility over their most critical systems and data. A robust PAM solution ensures that all user actions, including those taken by privileged users, are monitored and can be audited in case of a security breach.
