International Energy Company Mitigates Insider Threats with CyberArk's Privileged Access Security

Introduction

The energy sector is one of the most critical sectors for any economy. Companies in this sector must ensure that their critical infrastructure and sensitive data are secure and protected from cyber threats. One of the biggest threats to this security is insider threats. Insider threats are caused by employees or contractors who have access to sensitive information and can use it for their gain or harm the company. An international energy company recently mitigated insider threats by implementing CyberArk's Privileged Access Security solution.

Company Background

The international energy company is a large corporation with operations in various parts of the world. The company is responsible for providing energy to millions of people globally. The company has a vast infrastructure and a large workforce, making it vulnerable to cyber threats, including insider threats.

Challenge

The company's IT security team had identified insider threats as one of the most significant risks to the company's critical infrastructure and sensitive data. The company's employees and contractors had access to privileged accounts and credentials, making it challenging to control access and monitor activity effectively. The company needed a solution that would help them manage privileged access, detect and respond to threats in real-time.

Solution

The company chose CyberArk's Privileged Access Security solution to mitigate insider threats. The solution provided the following tools and capabilities:

• Privileged Access Management: CyberArk's Privileged Access Management solution provided the company with a secure vault for storing and managing privileged credentials. The solution enabled the company to control and monitor privileged access to critical systems and data, ensuring that only authorized personnel had access to sensitive information.
• Threat Detection and Response: CyberArk's Threat Detection and Response solution used machine learning and behavioral analytics to detect and respond to suspicious activity. The solution could identify potential insider threats by analyzing user behavior, privileged access activity, and other contextual information. The solution provided real-time alerts and automated responses to security incidents, enabling the company to respond quickly to potential threats.

Results

The company's implementation of CyberArk's Privileged Access Security solution led to a significant reduction in insider threats. The solution enabled the company to control and monitor privileged access effectively, ensuring that only authorized personnel had access to critical systems and data. The solution provided real-time alerts and automated responses to security incidents, enabling the company to respond quickly to potential threats.

Conclusion

CyberArk's Privileged Access Security solution helped an international energy company mitigate insider threats and secure their critical infrastructure and sensitive data. The solution provided the company with advanced threat detection, real-time alerts, and automated responses to security incidents. The solution enabled the company to control and monitor privileged access effectively, ensuring that only authorized personnel had access to critical systems and data. The company can now operate with the confidence that their infrastructure and data are secure and protected from cyber threats.