The ‘villainous’ Covid19 turned to be a great ‘teacher’ for global organizations.

The pandemic, besides badly impacting the global health and disrupting normal business processes, resulted in a wave of cyber-attacks as businesses found themselves in a challenging situation. Remote access, authentication, access management (AM) were some of the issues that kept security and risk professionals on toes as they tried to tread a balance between business continuity and IT security.

In this time of adversity, ARCON continued in its mission to propagate the message – how to ensure cyber resilience and cyber security. We continued to work hard to make our stack of products more robust in terms of security and functionality. In addition, ARCON, being the torchbearer of the intense mission of cyber hygiene, has surpassed several milestones to stand tall among global IT risk-predictive solution providers.

In the last few months, ARCON has added a good number of feathers in its cap to reemphasize its growing traction globally especially among the analysts’ community.

ARCON recognized as a Challenger in 2020 Gartner Magic Quadrant for Privileged Access Management and placed third in the Gartner Critical Capabilities report

After a huge shift of demand from risk-preventive technologies to risk-predictive technologies, Privileged Access Management (PAM) solution has acquired a pivotal role in most of the industries to ensure a robust security of the IT ecosystem.

As mentioned by Gartner, “By 2024, 50% of organizations will have implemented a just in time (JIT) privileged access model, which eliminates standing privileges, experiencing 80% fewer privileged breaches than those that don’t.

 By 2024, 65% of organizations that use privileged task automation features will save 40% on staff costs for IT operations for IaaS and PaaS, and will experience 70% fewer breaches than those that don’t.”

ARCON was placed in the Challengers Quadrant of Gartner’s Magic Quadrant for Privileged Access Management (PAM), 2020. We almost knocked the Leaders’ quadrant. We strongly believe that the Privileged Access Management report is a comprehensive guide for global IT security professionals to find out why ARCON | PAM continues to be the best-in-class PAM vendor. The Gartner Magic Quadrant research report evaluates a vendor’s ability to execute and its vision. Likewise, ARCON performed remarkably well in the Gartner Critical Capabilities report for Privileged Access Management, which evaluates a vendor’s ability in terms of key features and capabilities required to meet day-to-day enterprise use cases. We were placed third in the Product and Service Use Cases category for large and mid-size enterprises.

ARCON rated as Innovation Leader

 KuppingerCole Analysts published the “2020 KuppingerCole Leadership Compass for Privileged Access Management (PAM)” report this year and ARCON has been recognized as an Innovation leader by Paul Fisher, the lead analyst. A robust Privileged Access Management (PAM) solution, as revealed by the research firm, has started to experience the highest demand in IT security today. In this ‘new normal’ work scenario, almost all the global organizations are striving for better IT governance to avoid any cyber incident, and PAM is the must-have tool to ensure the best cyber hygiene. Additionally, ARCON was placed as  a ‘Challenger in the product leadership, market leadership and overall ratings.

ARCON enters the Forrester Wave for Privileged Identity Management 2020

In the report Forrester Wave: Privileged Identity Management (PIM), Q4 2020, the lead analyst, Sean Ryan has proclaimed that the major global vendors of PIM provides a unique user experience and address the requirements of cloud, DevOps, bots, IoT and PAM use cases. ARCON is proud to have made into the wave report this year.

CIO Insider has enlisted ARCON as one of the “10 most recommended Telecom Solutions Providers 2020”

Some of the world’s biggest telecom companies trust ARCON | PAM to ensure robust security. Observing the current market trends, CIO Insider has enlisted ARCON as one of the “10 most recommended Telecom Solutions Providers 2020”. The panel of CIOs, CEOs, VCs, Analysts and top editorial teams, has voiced their opinion that ARCON is one of the companies that is “committed in offering the most reliable and high-speed telecom solutions, helping businesses and customers achieve their long term goals.”

ARCON bagged the coveted GEC Award in Dubai

ARCON bagged the coveted GEC (Global Enterprise Connect) Award in 2020 for being the “Top Vendor in Secure Identity Solutions” in Dubai on December 2020. It was the 7th edition of the Awards by GEC Media, organized by ‘Enterprise Channels’, MEA and ‘Business Transformation’ as the official business partner. ARCON takes the pride for being identified as the most deserving brand of the year and this prestigious feat is the proof of determination, dedication and efforts of team ARCON towards enterprise IT security services.

Other NEW Business Associations

ARCON always believes in “Sell the Problem you Solve, not the Product”! This strong belief drives ARCON’s journey. And some of the great organizations continued to repose faith in ARCON. Some of the key acquisitions include:

• A global telecom giant chose ARCON | PAM to secure more than 200,000 devices
• A Major MSP from MEA region secured their distributed data centers with ARCON | PAM
• Top Insurance brand in Sri Lanka trusted ARCON to secure their IT assets
• One of the popular Insurance brand in India opted both ARCON | PAM & ARCON | UBA
• Top brand in Utilities in MEA region opted ARCON | PAM over the rest
• A Government organization from Eastern Europe selected ARCON to ensure secured access policy
• A highly popular bank from Africa chose ARCON | PAM over the rest to protect privileged accounts
• A Popular Insurance brand from MEA region trusted on ARCON to ensure robust IT security
• A non-profit European organization in Europe preferred ARCON | PAM solution for the security of their data assets
• Top financial service provider in India found ARCON as the best-fit brand for their requirements
• Top bank from APAC region found ARCON as the most suitable solution for their need
• A Real Estate giant from MEA region chose to deploy ARCON | PAM
• Top Insurance brand in India selected ARCON | UBA as the most trustworthy vendor to monitor ever user activity

Final Words

ARCON, as always remains enthusiastic and optimistic about growth, is foreseeing a sea of opportunities in 2021 as the world has already turned its eyes towards remote security, user behaviour analytics, zero trust network access and more. (refer to our earlier blog on this forecast) ARCON is a complete IT security package under one roof and global organizations find ARCON as a one-stop solution for protecting endpoints, privileged accounts, and mission-critical applications.

ARCON is a leading enterprise risk control solutions provider, specializing in risk-predictive technologies. ARCON | User Behaviour Analytics enables to monitor end-user activities in real time. ARCON | Privileged Access Management reinforces access control and mitigates data breach threats. ARCON | Secure Compliance Management is a vulnerability assessment tool.

A robust User Behaviour Analytics (UBA) tool could have prevented this disaster and a face loss. This tool seamlessly monitors the user activities and detect anything suspicious happening in the network. With the help of a centralized policy framework, UBA helps organizations to automate the entire risk-assessment process and construct a comprehensive security framework for an enterprise.

Benefits of ARCON | UBA

According to United States Cyber Security magazine, almost 49% organizations are still concerned about malicious insiders who are considered to be more dangerous than any external hacker. Hence, organizations allocate handsome annual budget to deploy a robust information security mechanism to combat newer emerging threats. With the vastness of shared and distributed environment, ARCON | UBA allows organizations to identify and spot suspicious user behaviour by comparing with the configured baseline activities. This tool is efficient enough to crunch huge amounts of data and trigger alerts to the administrators once any suspicious activity is spotted. The lucid live dashboard acts as a reporting mechanism that helps administrators to control the IT operations, governance and compliance requirements.

There is a say “Prevention is better can Cure”. Since Forensic Investigations cannot always reach the root-cause of any breach incident, thus it is highly crucial to incorporate a robust threat detection mechanism to find out if any malicious activity is happening in the network periphery. In a shared and distributed environment, it is absolutely impractical to monitor hundreds or even thousands of end-users in a typical IT setup. Hence, organizations look for a robust security framework that would seamlessly monitor the user activities in real time.

In order to meet this need, administrators need a mechanism that would allow them to identify end-user behavior activities. Today, in the age of sophisticated cyber threats, it is extremely challenging to predict IT risks. With the help of User Behavior Analytics (UBA), the security team can monitor, record, and assess all end user behavior profiles to help them in crucial decision making.

• Governance: With this, UBA aligns IT security policies with operations ensuring compliance.
• Performance Matrix: It evaluates the reasons behind the gap of deliverables and user output as a result of any deviation from baseline activities.
• Security: In the form of an additional layer of risk and fraud detection tool, it ensures that security framework is not compromised.
• Identify Unauthorized Access: UBA tool analyzes and monitors privileged user activities and blocks suspicious ones to prevent probable data breach.
• Mitigate Fraud Risk: It isolates anomalous user activities in real time and prevents information security threat.

ARCON is a leading enterprise risk control solutions provider, specializing in risk-predictive technologies. ARCON | User Behaviour Analytics enables to monitor end-user activities in real time. ARCON | Privileged Access Management reinforces access control and mitigates data breach threats. ARCON | Secure Compliance Management is a vulnerability assessment tool.

The expenditure on cyber security has seen a significant rise in the recent past especially after Facebook data breach, Uber data theft or even Bangladesh bank heist incidents. The digital threats are omnipresent, where the perpetrators siphon off digital money and crucial data in a day or may be for months. Worried CIOs are imploring the management to let them invest in cutting-edge technologies that can protect the privileged accounts and thwart threats.

Proactive protection is the safest way out

Digital security solution providers are now coming up with mechanisms that can pre-determine whether the malicious actor was trying to intrude from some other country. During the onset of AI (Artificial Intelligence) and machine learning, path-breaking technologies will help companies to take a more proactive approach rather than be sorry later. ARCON’s User Behaviour Analytics (UBA) is transforming the way Information Security is evolving and raising the demand. This powerful tool helps in reinforcing an enterprise’s security framework and is capable to crunch a huge amount of data, spot suspicious end-user behavioural profiles and trigger alert in a real time.

Enterprises extend budget but expect proof of protection

It is no more confidential that the management is extending their budget for network security but CIOs are on their toes to strike a balance in the investments and security outcome. The new behavioural analytics platform poses as priority challenges in this age of cyber warfare. In order to do that, companies are looking for security experts who can articulate the threat risks in a way that business leaders can easily grasp.

Unfortunately, even the best, experienced and privileged individuals along with the latest technologies might not be enough to secure the network infrastructure. Even the behavioural aspects of the employees can help them decide to appoint important responsibilities related to protecting crucial digital assets.

Role of UBA in cyber security

In corporate enterprises, there are typically three domains that require continuous monitoring – the network, the users, and the assets (digital). Applying Behavioural Analytics individually is important for us to understand and assess basic behavioural trends. For example, a typical asset on the network is designed and structured to carry out particular functions. Through Behavioural Analytics, an understanding can be developed on the frequency of operational processes and applications on a smart device (provided BYOD is implemented), who chalks out the assessment of the assets and how often they are used for communication. As these events are investigated, such learning can be turned around back into the system and the monitoring gets smarter. On several occasions, the malicious activities are identified and remediated promptly to maintain business continuity.

ARCON provides state-of-the-art technology aimed at mitigating information systems related risks. The company’s Privileged Identity Management / Privileged Access Management solution enables blocking unauthorized access to ‘privileged identities’, while its Secured Configuration Management solution helps to comply with Governance, Risks, and Compliance (GRC) requirements .

Need a solution for safeguarding critical IT assets? Please contact us.