by Rebeca | Sep 20, 2023 | Uncategorized
Organizations rely on a complex web of accounts, credentials, and secrets to manage their IT ecosystems. While these components are essential for streamlining business processes, they also pose significant identity and security risks. This article delves into the world of Identity Risk & Compliance (IRC), shedding light on the challenges organizations face and the strategies employed to mitigate these risks.
The power of special accounts and credentials
Some accounts and credentials wield immense power within an organization. Possession of these secrets grants individuals the ability to control critical resources, disable security systems, and gain access to vast amounts of sensitive data. This inherent power makes them a prime target for malicious actors seeking unauthorized access to an organization’s systems and information.
It comes as no surprise, then, that internal auditors and compliance regulations have established specific controls and reporting requirements for the usage of these high-privilege credentials. Managing these credentials is not only a security imperative but also a regulatory necessity to ensure the integrity and compliance of an organization’s IT operations.
The complexity of interconnected IT ecosystems
Modern organizations operate within highly interconnected IT ecosystems. While this interconnectedness offers numerous benefits, it also introduces complexities and risks that can be challenging to manage effectively. Core risks must be identified, analyzed, and monitored to create a comprehensive Governance, Risk, and Compliance (GRC) vision.
Interconnected IT ecosystems often blur the lines of responsibility and oversight, making it difficult to pinpoint potential vulnerabilities. Organizations need a proactive approach to identify and address these risks before they are exploited.
Empowering identity risk & compliance
To address the ever-evolving challenges of Identity Risk and compliance, organizations turn to advanced solutions like Soffid. Soffid is equipped with a range of functionalities designed to bolster security and compliance efforts. Here are some key features that make Soffid a valuable ally in the battle against identity-related risks:
Federation Functionalities: Soffid’s federation functionalities allow organizations to establish secure connections between systems and applications. This enables streamlined access control and authentication mechanisms, reducing the risk of unauthorized access.
Privileged Account Management: Managing high-privilege accounts is a critical aspect of IRC. Soffid provides robust privileged account management capabilities, ensuring that these accounts are protected and monitored closely to prevent misuse.
Low-Level Permits: Granular access control is essential to limit access to sensitive resources. Soffid offers fine-grained permission settings, enabling organizations to enforce the principle of least privilege and reduce the risk of unauthorized access.
Separation of Functions: The principle of separation of duties is fundamental to reducing the risk of fraud and unauthorized activities. Soffid helps organizations define and enforce clear separation of duties policies, ensuring that critical tasks require multiple individuals for approval.
Recertification Processes: Regularly reviewing and recertifying access rights is vital to maintaining a secure environment. Soffid automates the recertification process, making it easier for organizations to ensure that access privileges align with current roles and responsibilities.
Intelligent analytics and holistic risk management
One of the standout features of Soffid is its intelligent analytics capabilities. These analytics continuously monitor for and identify new access risks within an organization’s IT environment. By providing native connectors with GRC solutions, Soffid empowers risk managers to create holistic enterprise risk management strategies.
With real-time insights into access patterns and potential vulnerabilities, organizations can proactively address emerging risks, reducing the likelihood of security incidents and compliance breaches.
Solutions like Soffid are crucial in helping organizations navigate the complexities of Identity risk and compliance. By offering advanced functionalities and intelligent analytics, Soffid empowers organizations to proactively identify, assess, and mitigate risks, ultimately strengthening their security and compliance posture in an interconnected digital landscape. As the digital realm continues to evolve, investing in IRC solutions becomes a strategic choice and a necessity to safeguard an organization’s assets and reputation.
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by Rebeca | Sep 13, 2023 | Cliente, cybersecurity, News
Personal data protection is an immensely relevant topic today as businesses confront a growing number of cyber threats and heightened scrutiny from regulators and the general public. The significance of safeguarding personal data cannot be underestimated; it extends beyond compliance with privacy regulations and encompasses preserving customer trust and the integrity of the company in an increasingly interconnected world.
Corporate Responsibility in the Digital Era
In the current digital age, where data flows through global networks at a breakneck pace, businesses bear a significant responsibility to protect the personal information of their customers, employees, and business partners. Personal data protection is not merely a legal obligation; it is an ethical commitment and a fundamental asset for the reputation and continuity of the business. Companies that handle and store personal data must grasp the importance of proactively preserving the privacy of these individuals.
Compliance with privacy regulations such as the General Data Protection Regulation (GDPR) in the European Union or the California Consumer Privacy Act (CCPA) in the United States is essential. Compliance with these regulations involves respecting individuals’ privacy rights, obtaining informed consent for data processing, and ensuring the security of information. However, personal data protection goes beyond rule-following; it involves establishing a data security culture that engages the entire organization and strives to minimize the risk of exposing confidential information.
Building Trust through Data Privacy
Data privacy is not solely a matter of legal compliance; it is a way to build and maintain trust with customers and business partners. Companies that demonstrate a strong commitment to personal data protection not only avoid fines and penalties but also position themselves as industry leaders in terms of reliability and business ethics.
To achieve this level of trust, companies must adopt a comprehensive approach to cybersecurity. This includes implementing technical measures such as data encryption and multifactor authentication, as well as providing ongoing training to employees on secure practices. Establishing an incident response team and preparing for potential data breaches are additional steps to ensure that, in the event of an incident, the company can take swift and effective measures to mitigate the impact.
Personal data protection is a fundamental pillar of cybersecurity within companies. Businesses that understand the importance of this commitment protect themselves from cyber threats while strengthening their position in the market.
At Soffid, we assist you in implementing all the necessary tools for data protection.
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Image: Freepik
by Rebeca | Sep 11, 2023 | Partner, soffid
DIRECTV deploys Soffid to implement it’s IAM strategy in LATAM Markets
State of the art identity management and operational efficiency.
Buenos Aires and Palma, September 11st 2023
On 15th of May 2023, DIRECTV, completed Soffid implementation and production cut-over for Argentina, United States, Chile, Colombia, Ecuador, Perú, Puerto Rico, Uruguay and the Caribbean subsidiaries. The successful go live follows the signing of a multi-year agreement between DIRECTV and Soffid, giving both parties a solid foundation to continue collaborating and innovating in the identity and access management processes. After the cut-over, Soffid IAM provides Access Management and Identity Governance and Administration (AM & IGA) to DIRECTV’s 30,000+ employee and external users identities.
Mariano Silvestrini, Senior Manager Security, of DIRECTV Latin America, comments: “DIRECTV and Soffid teams achieved a friction less implementation and cut-over in record time, allowing DIRECTV to unify identity management across LATAM markets and all our software platform. Having a solution able to integrate to any existing application and also able to federate to any third party identity provider, allows us to achieve the required standardization and flexibility.”
“Soffid is very proud of this successful implementation due to the added complexity of having a significant delivery scope and multiple locations in different countries. DIRECTV highly skilled team alongside Soffid’s best-in-class integration and provisioning capabilities have been key to achieve a fast and successful implementation.” said Miquel Simó, COO of Soffid. “From now on, Soffid IAM protects DIRECTV digital assets with state-of-the-art IAM technology including multi-factor authentication, adaptative security, behavioral rules and patterns, enforced business workflows, etc.”
About DIRECTV
Since its launch in 1994, DIRECTV has continually evolved its product, best-in-class content, service, and user experience to provide customers with an industry-leading video offering. DIRECTV offers the industry’s best picture format and exciting content in 4K HDR. It is the undisputed leader in sports, bringing NFL Sunday Ticket customers every live out-of-market NFL game, every Sunday during the NFL season. DIRECTV also gives customers the choice of watching movies and TV shows from virtually anywhere – on their TVs at home or their favorite mobile devices via the DIRECTV app. DIRECTV STREAM, the streaming video service, is designed for the household that wants the best of live TV and on-demand, compelling live TV packages, sports and, when using a DIRECTV STREAM device, access to more than 7,000 apps on Google Play.
America’s commercial video industry leader, DIRECTV for BUSINESS already serves more than 300,000 sports bars, restaurants, hotel lounges, barbershops and salons, quick-serve restaurants, and other places where fans may gather to watch games. It enables travelers on airplanes and trains, watching live in stadium suites and casinos, and others on remote locations including offshore oil rigs the opportunity to always remain connected with their favorite teams.
About Soffid IAM
Soffid IAM delivers the most comprehensive list of IAM features and products covering all IAM lifecycle (AM, IGA, IRC and PAM). Headquartered in Palma, Mallorca, Spain, Soffid’s hyperconverged IAM suite serves customers in more than 30 countries worldwide, protecting public institutions and private companies sensible information. For more information visit www.soffid.com or send an email to mkt@soffid.com
by Rebeca | Sep 6, 2023 | Cliente, cloud, cybersecurity, News
The key to meeting cybersecurity challenges.
Cyber resilience is the ability of an organization to recover from an attack, minimize the impact and continue to operate efficiently.
Cybersecurity is a topic that never loses relevance, as cyber threats continue to evolve and increase in sophistication. In this context, cyber resilience has become a fundamental pillar for organizations. It is not only about preventing attacks, but also about being prepared to respond appropriately when security incidents occur.
Cyber resilience is the ability of an organization to recover from an attack, minimize the impact and continue to operate efficiently.
Anticipate and prepare
Cyber resilience involves two crucial aspects: anticipating potential threats and preparing for them.
First, organizations should conduct regular risk assessments to identify vulnerabilities in their systems and networks. This allows them to anticipate potential threat scenarios and develop mitigation strategies. In addition, it is essential to stay abreast of cybersecurity trends and the latest threats to constantly adapt security measures.
Second, preparedness is critical. This includes creating a robust incident response plan that specifies clear roles and responsibilities for team members in the event of an attack. It also involves conducting incident simulation exercises to train staff in effective response. The more prepared an organization is, the lesser the impact of an incident and the quicker its recovery.
The importance of collaboration and continuous adaptation
Cyber resilience is not just an internal affair; it also involves external collaboration. Organizations should establish relationships with cybersecurity experts, government agencies and other companies to share threat information and best practices. Collaboration can help identify threats early and mitigate the impact of attacks.
Continuous adaptation is essential in the ever-evolving world of cybersecurity. Organizations must regularly review and update their security policies and measures to keep up with emerging threats. Investment in cutting-edge technology and ongoing staff training are key components of this continuous adaptation.
Cyber resilience is the ability of an organization to recover from an attack, minimize the impact and continue operating efficiently.
At Soffid we help you to be prepared and cope with possible attacks on the network.
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by Rebeca | Aug 23, 2023 | cybersecurity, Definitions, News
Among the most disruptive tactics is Denial of Service Attacks (DDoS), a form of cyber aggression that can wreak havoc on online infrastructure.
What are DDoS attacks, what are their devastating consequences, and what strategies can be applied to prevent and mitigate these incidents?
Let’s take a closer look.
What is involved in a Denial of Service Attack (DDoS)?
DDoS attacks have a clear objective: to flood a system or online service with a massive torrent of malicious traffic. This planned overload is intended to exhaust the resources of the target server, leaving it unable to respond to legitimate user requests. These attacks are often orchestrated via botnets, networks of devices controlled by an attacker.
The Devastating Consequences of DDoS Attacks
Severe service disruption: affected websites or online services become inaccessible, frustrating users, and generating losses.
Impact on revenue: for organizations that rely on online presence, DDoS attacks can significantly decrease revenue.
Reputational damage: frequent outages can erode customer confidence, damaging reputation and brand credibility.
High operational costs: addressing and mitigating DDoS attacks can require substantial investments in terms of human and technological resources.
Strategies to prevent and mitigate DDoS Attacks
Firewalls and traffic filters: implement security systems that filter and block malicious traffic.
Infrastructure Redundancy: distribute resources across multiple servers or data centers to reduce the impact of attacks.
Content Delivery Networks (CDNs): use cdns to distribute traffic load, minimizing the impact on the primary server.
Limit traffic: set limits on incoming traffic to avoid damaging overload.
Active surveillance: constantly monitor network traffic to detect anomalous patterns and suspicious activity.
Specialized mitigation services: use DDoS mitigation service providers with technical expertise and technology.
Security updates: keep systems and software up to date to avoid known vulnerabilities.
DDoS attacks represent a critical threat in today’s cyber landscape. It is possible to mitigate the impact mitigated through the implementation of proactive defence strategies and collaboration between cybersecurity experts.
At Soffid we care about staying abreast of new cyber-attack forms and work to provide solutions that keep individuals and organizations safe.
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Image: Freepick
