Access Security 101: Acting on Privileged Identity Theft

Protecting enterprise privileged accounts from identity theft has become a big deal now a days. Imagine a robber sneaking into a house and finding the master key that opens every door. Terrifying, isn’t it? That’s what happens when an intruder gets their hands on high-level enterprise user accounts, getting access to critical systems and data.

To protect against these threats, you need a solid strategy that mixes technical measures, best practices, and constant vigilance. So, let’s dive into understanding identity threats and acting upon them.

What are Privileged Identity Threats?

Privileged identities are accounts with administrative access to systems, databases, and networks. These accounts are prime targets for threat actors. If compromised, intruders can move across the network, steal sensitive data, or sabotage enterprise architectures.

How do the Threats on Privileged Identities Start?

Privileged identity threats often kick off with threat actors gathering information about the organization’s network posture and identifying high-value targets. Then the next move involves employing threat vectors that include phishing, credential stealing, credential stuffing, launching password guessing attacks, or exploiting network vulnerabilities, social engineering tricks to gain initial access to an enterprise’s internal network.

Once inside, threat actors escalate their privileges through various means, like exploiting software bugs, using malware, or leveraging misconfigurations. With elevated privileges, they can access sensitive data and systems.

Why Privileged Account Security is Critical?

Privileged user accounts are the most basic and powerful elements of an enterprise architecture with extensive permissions to manage and control networks and related assets. A compromised privileged account can cause significant harm. When a threat actor gains control over a privileged identity, they can:

Access and steal sensitive data.
Install malware or create backdoors.
Disrupt operations by changing system configurations or deleting critical files.
Avoid detection by disabling security controls.

Privileged accounts are prime targets for cyberattacks, implementing strong security measures is essential to prevent breaches. Securing these accounts from privileged identity threats helps maintain the integrity, confidentiality, and availability of critical data and networks.

The Impact of Modern IT Environments on Threats

Modern IT environments are complex, with remote access, cloud services, DevOps practices, and third-party vendors expanding the attack surface.

Remote Access: Securing remote devices connected to enterprise networks is critical than ever. VPNs, Remote Desktop Protocol (RDP), and other remote access tools need strong authentication and access controls.

Cloud Services: Cloud environments bring unique challenges for managing privileged access. Cloud service providers have their own privileged accounts that must be managed and monitored to prevent unauthorized access.

DevOps: DevOps practices promote rapid development and deployment, often using automation tools that need elevated permissions. Securing these tools and managing secrets (like API keys and passwords) properly is essential.

Third-Party Vendors: Vendors and contractors often need access to internal systems, increasing the attack surface. Strict access controls and monitoring vendor access can help mitigate risks.

We are aware of these threats now. Let us take a closer look at the trajectory of these strikes.

Real-life Examples of Privileged Identity Attacks and Consequences

Cash App Data Breach

In November 2023, Cash App experienced a data leak caused by a disgruntled former employee. This breach exposed sensitive customer information, including full names, account numbers, and other financial data. The consequences included potential identity theft and significant erosion of customer trust. In response, they carried out a forensic investigation, informed the authorities and impacted customers, and tightened their security protocols.

Tesla Data Breach

In May 2023, Tesla experienced a massive data breach orchestrated by two former employees. This breach exposed sensitive information, including employee records and confidential business data. The consequences were severe, with risks of identity theft, intellectual property theft, and loss of trust from both employees and customers. To address the breach, Tesla uncovered the workers who exposed the information, brought legal action against them, and seized their devices.

Key Steps to Mitigate Privileged Identity Thefts

Implement Least Privilege Principle

The principle of least privilege means users should only have the minimum level of access needed for their job. This reduces the attack surface by limiting high-privilege accounts that can be exploited.

Action Steps:

Regularly evaluate access permissions to ensure their correctness.
Remove unnecessary administrative privileges.
Utilise role-based access control (RBAC) to allocate permissions based on job roles.

Deploy Multi-Factor Authentication (MFA)

MFA enhances security by adding an extra layer of security before granting access for any user. This reduces the risk of account compromise through phishing or credential theft.

Action Steps:

Enforce MFA for all privileged accounts.
Implement adaptive authentication for additional security based on risk levels.
Help users to use MFA effectively.

Use Privileged Access Management (PAM) Solutions

Protecting enterprises from rising cyber threats starts from securing the fundamental elements of an enterprise architecture. And those elements are privileged identities.

Having a robust Privileged Access Management (PAM) strategy and choosing the right solution to support your strategy is the need of the hour. A powerful PAM solution helps secure, manage, and monitor privileged access across the enterprise by enforcing security policies, detecting suspicious activities and helping you achieve compliance with confidence.

Action Steps:

Deploy PAM tools to manage and audit privileged account activities.
Implement session monitoring and recording to track actions by privileged users.
Use automated workflows for granting and revoking privileged access.
Take a look at Sectona’s innovative access security and management solutions.

Monitor and Audit Privileged Activities

Continuous monitoring and auditing of privileged activities are essential to detect and respond to potential threats in real-time.

Action Steps:

Set up alerts for suspicious or unauthorized privileged actions.
Conduct regular audits of privileged account usage.
Use Security Information and Event Management (SIEM) systems to analyze and correlate logs for suspicious behavior.

Implement Strong Password Policies

A Weak password is easy to guess, get cracked and allow intruders, leading to compromised enterprise accounts. Hence, it’s important to have stringent password policies combined with powerful password management solutions.

Action Steps:

Enforce strong password requirements (length, complexity, uniqueness).
Implement regular password change policies.
Store enterprise secrets, SSH keys and passwords in a secure vault.

Privileged User Security Awareness

Human error is the starting point for most menacing cyber-attacks. Providing hands-on training to enterprise users in implementing security best practices and protecting privileged accounts is crucial.

Action Steps:

Conduct regular security awareness training sessions.
Provide specific training on recognizing and responding to phishing attacks.
Encourage employees to report suspicious activities without any fear.
Explore Sectona University to understand and implement privileged access management practices.

Just in Time Access (JIT):

JIT access minimizes the time privileged accounts are active, reducing the risk of them being compromised. Access is granted only when needed and for the minimum time required.

Action Steps:

Implement JIT to limit the duration of privileged sessions.
Use automation to grant and revoke access based on predefined criteria.
Monitor JIT access requests and approvals to ensure compliance.

Remote device protection

Remote access through VPNs, vulnerable endpoints, and third-party devices heightens malware risks and security vulnerabilities. Unsecured connections can spread malware, and vendor devices lacking robust cybersecurity measures present further dangers.

Action Steps:

Deploy endpoint security solutions on all remote devices.
Employ remote device protection practices and provide granular access to remote users
Audit your enterprise’s privileged user account security posture
Locate all remote users and third-party vendors that need privileged access and provide granular, just in time access.
Enforce security policies such as encryption, antivirus, and firewalls.
Implement Zero-trust granular network protection.

Cloud access security

Securing privileged access in cloud environments requires specialized controls to address the unique risks associated with cloud services.

Action Steps:

Use cloud access security brokers (CASBs) to monitor and secure cloud access.
Implement strict identity and access management (IAM) policies for cloud services.
Periodically audit cloud environments for compliance with security policies.

Now, the next section will help you to understand your response when an identity threat occurs.

Responding to a Privileged Identity Compromise

A robust incident response plan in place helps you to quickly detect and respond when a security incident compromising privileged identities occurs.

Action Steps:

Develop and regularly update an incident response plan specifically for privileged identity threats.

Monitor and record privileged user activity logs regularly
Implement endpoint security
Maintain a complete audit trail of user activities
Form a response team with clearly defined roles and responsibilities.
Conduct drills regularly to test the effectiveness of your response plan.
Ensure rapid communication channels to inform stakeholders of breaches promptly.

Keep in mind that cybersecurity is a continuous process requiring constant vigilance and adaptation to new strategies to overcome threats.

Ensuring Long-term Security for Privileged Accounts with Sectona PAM

Acting on privileged identity threats requires a comprehensive approach that combines technical defenses, strong policies, continuous monitoring, and employee education. By implementing these measures, organizations can significantly reduce the risk of privileged account compromise and protect their most critical assets from cyber threats.

Sectona PAM Solution helps in mitigating cybersecurity risks by securing, managing, and monitoring privileged access. It enhances visibility and control over privileged accounts, ensuring that your organization remains resilient against evolving cyber threats.

Sectona provides preventive and detective access security solutions that automate the most important privileged account security responsibilities, minimizing human error and saving your time and efforts.

Take a look at the working of Sectona’s PAM solutions. Feel free to book a demo here.