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News

Need for Greater Control On Access to Corporate Data

CyberArk Software : 18 July, 2012  (Technical Article)
Cyber-Ark comments on data security risks posed by increased data storage and insufficient granular control over employee access
Need for Greater Control On Access to Corporate Data
An event held last week by a law firm around its recently released report – ‘Secure your data – protect your business’ – has highlighted that organisations need to have better insight into who has access to corporate data in light of the changing IT practices and the growth of data.

Nick Baglin, VP of sales EMEA at Privileged Identity Management expert Cyber-Ark has made the following comments:

“This latest survey tells us something that we’ve known for some time – the internal threat is still a huge concern for organisations today.  Given the huge implications of a lost USB drive, simple human error, or even a rogue insider, it is hardly surprising that this research unveils companies’ own staff as one of the greatest risks to corporate data today.

“Indeed, these findings tally up with Cyber-Ark’s recent research which found that 71% of organisations believed the insider threat to be a greater concern to their organisation than external attacks.  Of even greater concern is the impact that privileged identities and passwords can have on organisations today.  As Cyber-Ark’s research discovered, 52 percent of employees are able to get around controls put in place to monitor privileged access**.

“Ultimately, the power of the privileged and anonymous accounts means that it is an attacker’s perfect weapon.  Organisations must be mindful that securing their networks can only be achieved from the inside out.  With the right Privileged Identity Management solution in place, companies can rest assured that privileged access is monitored and managed properly – delivering accountability and security.”
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