{"id":2998,"date":"2018-07-10T12:15:09","date_gmt":"2018-07-10T16:15:09","guid":{"rendered":"https:\/\/solutionsreview.com\/identity-management\/?p=2998"},"modified":"2018-11-08T12:18:09","modified_gmt":"2018-11-08T16:18:09","slug":"privileged-access-credentials-identity-automation","status":"publish","type":"post","link":"https:\/\/solutionsreview.com\/identity-management\/privileged-access-credentials-identity-automation\/","title":{"rendered":"Privileged Access Credentials (With Identity Automation)"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-2422 size-full\" title=\"privileged access credentials Identity Automation\" src=\"https:\/\/solutionsreview.com\/identity-management\/files\/2018\/03\/glowing-fingerprint-mod.jpg\" alt=\"privileged access credentials Identity Automation\" width=\"800\" height=\"400\" srcset=\"https:\/\/solutionsreview.com\/identity-management\/files\/2018\/03\/glowing-fingerprint-mod.jpg 800w, https:\/\/solutionsreview.com\/identity-management\/files\/2018\/03\/glowing-fingerprint-mod-300x150.jpg 300w, https:\/\/solutionsreview.com\/identity-management\/files\/2018\/03\/glowing-fingerprint-mod-768x384.jpg 768w, https:\/\/solutionsreview.com\/identity-management\/files\/2018\/03\/glowing-fingerprint-mod-540x270.jpg 540w, https:\/\/solutionsreview.com\/identity-management\/files\/2018\/03\/glowing-fingerprint-mod-162x81.jpg 162w, https:\/\/solutionsreview.com\/identity-management\/files\/2018\/03\/glowing-fingerprint-mod-360x180.jpg 360w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">Quick\u2014how many individual <a href=\"https:\/\/solutionsreview.com\/identity-management\/comparing-the-top-identity-and-access-management-solutions\/\" target=\"_blank\" rel=\"noopener\">data records<\/a> have been stolen from enterprises in just the past 3 years? <\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">Chances are you don\u2019t know the exact number. Given how many data breaches occur every year, it can be a challenge to keep track of them all. According to identity and access management and privileged access management solution provider<a href=\"https:\/\/solutionsreview.com\/identity-management\/identity-automation-why-your-organization-should-treat-every-account-as-privileged\/\" target=\"_blank\" rel=\"noopener\"> Identity Automation<\/a>, last year alone the number of records stolen totaled 174.4 million. Further, their findings can\u2019t account for the data breaches that go unreported\u2014the actual number might be even higher!<\/span><\/p>\n<div class=\"widget\"><div class=\"aside-card\">\t\t\t<div class=\"textwidget\"><p><a class=\"iam-inject\" href=\"https:\/\/solutionsreview.com\/identity-management\/get-a-free-privilieged-access-management-solutions-buyers-guide\/\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-1682\" title=\"\" src=\"https:\/\/solutionsreview.com\/identity-management\/files\/2020\/01\/PAM_BG_SB_800.gif\" alt=\"Download Link to Privileged Access Management Buyer's Guide\" width=\"800\" height=\"100\" \/><\/a><\/p>\n<\/div>\n\t\t<\/div><\/div>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">Why are so many enterprises&#8217; digital records in such jeopardy? The reason may lie in a finding from Forrester Research: 80% of security breaches involve stolen privileged access credentials. According to Identity Automation, privileged access credentials can grant your enterprise\u2019s IT admins the ability to log into servers, switches, routers throughout your IT environment and to perform tasks without restriction. But by the same token, hackers who obtain those credentials can do the same. <\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">Traditionally, privileged access credentials fell into several broad categories. However, Identity Automation contends that this traditional understanding doesn\u2019t encompass a wide range of privileges, nor does fit with the current cybersecurity paradigm. Instead, the status of \u201cprivileged access credentials\u201d should apply to any user with access to data that could be monetized (SSNs, credit cards, intellectual property, and personal health information) or that could cause reputational damage. <\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">Your enterprise should be adopting a zero-trust mindset and should be on the lookout for unexpected privileged identity attack vectors, including: <\/span><\/p>\n<ul style=\"text-align: justify\">\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Email<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Social Media<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Marketing Automation and Customer Relationship Management Software <\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Help Desk and Ticket Management <\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Websites and Customers Portals<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Collaboration and Project Software <\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">While each has its own potential issues\u2014emails, in particular, aren\u2019t nearly as confidential as we\u2019d like to believe\u2014a commonality between them is that they tend to favor frictionless user experiences. This often leads to compromised security protocols and thus compromised privileged access credentials. \u00a0\u00a0\u00a0\u00a0\u00a0<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">Identity Automation also explores in detail the consequences of stolen privileged access credentials, including: <\/span><\/p>\n<ul style=\"text-align: justify\">\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Reputational Damage (which can cost enterprises as much as $4 million) <\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Compliance and Regulatory Fines<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Stolen IP (which can account for more than 80% of your company\u2019s value)<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Lawsuits<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Executive Job Loss<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Other Costs<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">To help your enterprise avoid these dire consequences, Identity Automation recommends some essential best practices for securing your privileged access credentials, including: <\/span><\/p>\n<ul style=\"text-align: justify\">\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Implementing time-and-location based access controls (Tom from Accounting generally shouldn\u2019t be trying to log-in from Cambodia at 3 am). <\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Embracing the principle of least privileges (giving employees only as many entitlements as they need to perform their day-to-day roles). <\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Streamlining entitlement requests to supplement the zero-trust model. <\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Improving your password policies to facilitate &#8220;passphrases.&#8221;<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Implementing multifactor authentication. \u00a0\u00a0<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify\">Above all, Identity Automation states that you should prioritize your credentials by evaluating what exactly each has access to and treating all of them as privileged. Give your IT security team control over the designation so that the end-user can&#8217;t give themselves undue convenience and therefore jeopardize your digital assets.<\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">If your enterprise is interested in privileged access management in the modern IT environment, you should check out the \u201c<a href=\"https:\/\/solutionsreview.com\/identity-management\/identity-automation-why-your-organization-should-treat-every-account-as-privileged\/\" target=\"_blank\" rel=\"noopener\">Why Your Organization Should Treat Every Account as Privileged<\/a>\u201d free e-book courtesy of Identity Automation.<\/span><\/p>\n<p style=\"text-align: justify\"><br \/>Widget not in any sidebars<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Quick\u2014how many individual data records have been stolen from enterprises in just the past 3 years? Chances are you don\u2019t know the exact number. Given how many data breaches occur every year, it can be a challenge to keep track of them all. According to identity and access management and privileged access management solution provider [&hellip;]<\/p>\n","protected":false},"author":41,"featured_media":2422,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[5],"tags":[142,125,16,112,76,468,70,145,124,91,123,90,25],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Privileged Access Credentials (With Identity Automation)<\/title>\n<meta name=\"description\" content=\"Why are so many digital records in such jeopardy? 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