New Challenges, New Solutions: Collaboration With Customers, Ironsphere Invested Millions in Advanced Technologies Making Large Enterprise More Secure and Efficient
By: Orhan Yildirim
2020 was a record-breaking year for Ironsphere, despite the challenges posed by the global pandemic, and in part because of the global pandemic. As more organizations were forced to move to virtual working, and mandates in nearly every country required employees to work-from-home, protecting corporate assets became more challenging than ever.
As the attack surface expanded, controlling access to valuable infrastructure, systems, sensitive data, and applications rose to the top of the list of cybersecurity priorities.
Ironsphere’s core solutions addressed these challenges, and our team stepped up to help our existing enterprise customers while also collaborating with them to build even stronger and more efficient ways to monitor, manage and protect their networks, applications, data, and secrets with an advanced cloud-based solution for Privileged Access Management.
We are happy to share with you the latest enhancements as we continue to strive to solve increasingly sophisticated threats— even as the world is finally starting to see the light at the end of the tunnel.
A few highlights from 2020 are included in our 2021 Annual Report, which you can download here.
Approximately 50% increase in the number of customers
- New customer references from all industries, including finance, telecom, healthcare, manufacturing, technology, and energy
- Human resources increased 37%
- Further investment in R&D and customer service
- Ironsphere (previously known as Single Connect) is Krontech’s global PAM platform and subsidiary company in North America
- Inclusion in the Gartner Magic Quadrant for Privileged Access Management under Krontech, as its PAM platform (2020 report)
- KuppingerCole market research company Innovation Badge in their Leadership Compass report for PAM 2020
We further strengthened our position as the provider of the fastest to deploy the solution in the market due to our smart and modular architecture. Our solution does not require any updates on target servers/ systems or user computers and can be installed as a unified solution, with capabilities enabled by license upgrade, without any new deployment or integration prerequisites. With Ironsphere, there are no hidden costs. Unlike other vendors, Ironsphere does not require any additional Windows server licenses, MSSQL licenses, or any other third-party license fees.
There are many more benefits, detailed in our 2021 Annual Report, including the following:
Database Access Management
Manage not only who can access which database servers but also who can view/edit which data records in databases, including BigData and NoSQL platforms.
Run only one PAM instance, but serve virtually isolated PAM services to multiple departments as if they have their own dedicated PAM instances.
Direct Access Management
Manage direct user access to network elements via built-in TACACS/RADIUS server. With its Windows/Linux software agents installed on servers, Ironsphere has the widest direct access management coverage in the market.
Privileged Task Automation
Provide built-in Privileged Task Automation capabilities to eliminate interactive access to servers/ devices and automate repetitive privileged tasks.
Provide built-in MFA capabilities, including One-Time-Password, managerial approval, and geographical location validation.
Private PAM as a Service
Offer PAM services in a SaaS model to Data Center customers via technology partnerships with Data Center Service Providers.
Ironsphere was established in 2016 and is the global PAM platform and subsidiary company of Krontech in North America. Ironsphere provides advanced technology software in the fields of Access Control Systems, Privileged Task Automation, and Next-generation Security and Audit.
With the world’s most cost-efficient, flexible, and easily deployed Access Control software, our technology platform supports many global telecom service providers and large enterprises. Our core offering is a Privileged Access Management (PAM) solution protecting enterprise resources, used as an engineering access, information security, and governance tool to prevent internal data breaches and malfeasance using privileged accounts.
We enable IT managers and network admins to efficiently gain secure access, control configurations, and indisputably record all activities within their enterprise infrastructure, preventing the material impact a breach may have on business operations and continuity.
And we are extremely proud of the accomplishments in 2020, most importantly, the way in which our team members stepped up to help our customers.
We have all found ourselves in a different world of work given the events that have defined 2020, and few professionals are feeling the pressure more than IT and OT teams.
Just as cyber risks evolve, the evolution of risk appetite frameworks is more active than ever. With more sophisticated adversaries, more digital transformation initiatives, more mobile works, ecosystem partnerships and connectivity to multiple clouds and services, enlightened management teams and their boards are updating their levels of “risk tolerance.”
Two-factor authentication has been around for decades – requiring an additional step between entering a username and password, for example, then entering a one-time security code sent to a mobile device – to access applications, systems and data.