The veiled cause for many breaches making headlines, according to cybersecurity insiders, is misuse and abuse of privileged accounts – counting access, session and elevation management – at many organizations including financial services.

Phoenix based security firm BeyondTrust announced in its annual report, which surveyed nearly 500 IT professionals from around the world, identified the "Five Deadly Sins of Privileged Access Management," and how they prevent organizations from effectively protecting sensitive information.

Because so many attacks start with the misuse of privileged accounts, BeyondTrust said it is not surprising that respondents rated privileged access management (83%), privileged session management (74%), and privilege elevation management (74%) somewhat to extremely important to their efforts.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Roy Urrico

Roy W. Urrico specializes in articles about financial technology and services for Credit Union Times, as well as ghostwriting, copywriting, and case studies. Also: writer/editor of a semi-annual newsletter for Association for Financial Technology since 1997 and history projects funded by the U.S Interior Department, National Park Service and Warren County (N.Y.).