The Art and Science of Calculating ROI for Security Software: Is It Really A Risk Management Calculation?
Can enterprises and organizations really measure the Return on Investment in digital security solutions? It is not easy, but it is possible when the challenges being solved are looked at through different lenses.
Today we introduced our new Risk Management Calculator as part of an overall approach to estimating and delivering significant return-on-investment in protecting enterprise and organizational assets with Privileged Access Management (PAM) technology.
Wars are rarely won because of individual heroics, but by teams of people working efficiently together. Today, we find ourselves at war with the coronavirus – a global pandemic of epic proportions. Cybersecurity is essential in military operations, and the U.S. Government and other governments around the world are shining a brighter spotlight on the need to protect vital systems and sensitive information, including intellectual property regarding the development of treatments and future vaccines.
Operations security (OPSEC) is an approach and discipline built around identifying critical information to determine if there are ways for adversaries to access intelligence. It determines if the information obtained by those adversaries could be useful to them and how then executes selected measures that address the risks.
Privileged users inside organizations have access to that company’s most valuable assets. As we have learned from countless exploitations, advanced adversaries target privileged accounts, which is why leading analysts agree: Privileged Access Management (PAM) is not a “nice-to-have” – it is a “must-have.”
As Data Explodes in Cloud Contact Centers, the Security Spotlight Shifts to Internal Threats and Privileged Access Management
Contact Centers are one of the riskiest areas for enterprises, especially those which have a large customer base and are in highly regulated industries.
With the explosion of data being stored and shared in cloud environments, the role of IT teams becomes increasingly complex, and the need for task automation more compelling than ever. Enterprises are including IT task automation across many areas, including Privileged Access Management (PAM), and are adopting related Privileged Task Automation (PTA) related to PAM to address new challenges, including those posed by work-from-home scenarios.
Enterprise IT professionals continually strive to simplify the routine tasks they need to perform frequently. The opportunities to do so, associated with Privileged Access Management, lead to substantial improvements in business outcomes, and generally happier IT teams.
Regulatory compliance is becoming more challenging for all industries, but in the financial, payments, contact center, and healthcare industries, the requirements are becoming even more intense, especially given attacks (and successful breaches) of mission-critical systems in these industries.