Not All PAM is Equal: A Guide To Securing Privileged Activity in Finance

Presented by

Martin Cannard, VP of Product Strategy at Netwrix

About this talk

Did you know that 74% of data breaches start with privileged credential abuse? In a world where cyber security is a major concern no matter which industry you’re in, it’s a constant balance to stay at the forefront of developments while ensuring you’ve deployed the right solution for your business. In Finance, this is even of more concern when you’re dealing with the livelihoods of individuals and businesses. So where to even begin this journey? Privileged account management (also known as PAM) has changed a great deal over the last twenty years, evolving repeatedly to keep pace with technological advancements, but regardless of these changes, it remains the first port of call when surveying a business’ security. Since privileged accounts are so powerful, a single misuse or compromise can lead to a data breach or costly business disruption. Even if you keep privileged credentials in a vault, the accounts still exist and can be compromised by attackers. How do you know that privileged activity is not putting your organisation at risk? Netwrix can help you reduce the risk inherent in privileged accounts. In this webinar, we’ll explore the history of PAM and examine its applicability against modern-day threats such as ransomware; you will learn about the benefits, the pitfalls, and everything in between. Join this session to discover: • The principle of least privilege and what it looks like in a business • What to look for when benchmarking your own approach to security • Reassessing PAM in light of hybrid working realities • How to achieve zero standing privilege and just-in-time defence • How adopting a Zero Trust model can help you strengthen security • What is privilege escalation and how do I implement this in my business? • Case study: what the relationship is between Netflix and traditional PAM This session was in collaboration with The Global Treasurer.

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Netwrix empowers information security and governance professionals to reclaim control over sensitive, regulated and business-critical data, regardless of where it resides. Over 10,000 organizations worldwide rely on Netwrix solutions to secure sensitive data, realize the full business value of enterprise content, pass compliance audits with less effort and expense, and increase the productivity of IT teams and knowledge workers.