Enterprises are witnessing a significant change in their IT infrastructure. The contributing factors to these changes are qualitative – be it the constantly changing industry behavior and organizational economies vis-a-vis large infrastructure migration activities, IT procurement changes, mergers & acquisitions, migration to hybrid & cloud platforms, changing user and user access landscape. With these changes, the current scenario is such that users can access your infrastructure from any location. All users can be treated as remote users with millions of passwords and access to be managed and thousands of sessions & activities to be monitored independently on a daily basis leaving you with an increased attack surface.
Security concerns around Privileged Account Management because of the evolving dynamics
Naturally then the question arises as to how the rising privileged access needs will be catered to. The popular solution vendors have worked on innovative password vaults back in the day. Having said that, it is important to consider whether the architecture and approach of those solutions can cope with the dynamically changing nature of infrastructure needs (read: cloud + on-premise hybrid infrastructure). Are more resources in terms of manpower, effort and costs required? CIO’s are analyzing and evaluating tools with a primary objective in mind – Does my privileged account management (PAM) tool have the agility and scalability to manage and secure the increasing diversity of the infrastructure while still reducing costs and increasing productivity? The answer to this missing piece has led to the increasing transition of enterprises to consider a technology refresh and move to ‘as-a-service’ approach for their privileged account management tools.
Management concerns with the current Privileged Account Management measures
It is often observed that traditional Privileged Account Management (PAM) tools are able to provide core privileged access security features such as Password Management and Session Monitoring but now the focus has shifted to ‘do more with your PAM’. Just the core features do not seem to be cutting it because there is a lot of manual effort involved in managing the solution in its entirety. There are two problems associated with this – first the cost involved to deploy resources to manually manage the solution (for instance, to manually provision and de-provision devices and accounts) and second the productivity comes down with the mundane approach followed in managing the solution. Automation has therefore become the talk of the town and has become a critical requirement of a Privileged Account Management solution. It allows for as much as up to 50% reduction in costs. However, for existing PAM solutions to incorporate automation would mean disintegrating and then reintegrating the basic foundation of its architecture that could take significant amount of time before it comes to fruition. This leads to the management point of discussion – is maintaining my existing Privileged Account Management solution a costlier affair than replacing it? Not surprising, the answer to this will give you an insight into the need for a massive Privileged Account Management (PAM) refresh among enterprises.
All this is believed to have led enterprises to prioritize privileged access security and consider a reduction in their PAM refresh tenure from the conventional 5 or 7 years down to 3 years. Are you ready for a PAM refresh?
What do you need to tackle these PAM security concerns?
Need of the hour is to have a privileged account management (PAM) solution that addresses the aforementioned pain areas by focusing on privileged user ACCESS to prevent misuse of privileges and manage access problems. At the same time, the PAM solution should be able to adapt to the evolving infrastructure needs without having the requirement for additional resources (in terms of manpower and hardware). Privileged Account Management (PAM) solution that is built on a cross-platform and integrated fashion making it cloud ready, agile and easily scalable is needed to achieve the levels of security and automation that the current scenario demands. With the rising user landscape both from within and outside the network, the risk has shifted from managing passwords to managing access.
How Sectona can help?
Sectona’s Spectra Privileged Account Management/Privileged Access Management is designed with a unique approach that steps away from conventional challenges and addresses the current and future needs of privileged password & access management. Furthermore, its collaboration based privileged access technology solves the issue of growing remote users. Most importantly, its use of automation for discovery, provisioning and privileged tasks, to name a few can help reduce costs and save time, effort and manpower dependence. Spectra PAM essentially has been conceived and developed to address the growing needs of privileged access & modernized IT infrastructure for future ready enterprises. The focus at Sectona is to educate enterprises on how to prioritize their privileged access from start (read: How to start your Privileged Account Security Program) to end.
Learn more of how Spectra Privileged Account Management (PAM) is tailor made to address the current and future needs of privileged access management challenges with focus on automation along with time & cost reduction.