A renowned company in the investment and asset management industry faced the challenge of effectively managing and securing privileged accounts within a complex organizational structure. Without an existing Privileged Access Management (PAM) solution, there was a lack of transparency, and inefficient manual processes prevailed. This opened the door to risks such as unauthorized access, insider threats, and potential security breaches. Recognizing these pressing security concerns, the company engaged iC Consult to develop a tailor-made Greenfield PAM solution to comprehensively meet the security and efficiency requirements.
Holistic PAM Optimization with CyberArk Privilege Cloud
iC Consult worked closely with the company to develop a comprehensive PAM solution. At the core was the configuration and integration of CyberArk Privilege Cloud, complemented by integrating LDAP directories with Azure AD. To ensure a smooth migration, iC Consult assisted in the phased integration of privileged accounts and coordinated collaboration between various departments.
Additionally, the client was advised on best practices in the area of session recording and storage to ensure compliance with customer guidelines while maintaining the highest security standards. A hybrid account system was implemented, and the CyberArk password policy was adapted to the company’s internal requirements. Furthermore, a flexible password management system and MFA for CyberArk were introduced.
Results: Security and Efficiency at the Highest Level
Through close collaboration with iC Consult, the company significantly optimized its security infrastructure. Critical resources, such as servers, databases, and applications, are now effectively protected through controlled access to privileged accounts. A central control point for managing these accounts was successfully implemented. Continuous session monitoring provides additional security, and the introduction of automated processes simplifies password management, relieving users of concerns about password changes and expirations.
Operational efficiency was increased, and downtimes due to unauthorized changes were reduced. Ultimately, the implementation streamlined access management workflows and reduced administrative effort for internal IT teams. Additionally, regulatory compliance was ensured, positioning the company in line with access controls and auditing standards.
The expertise of iC Consult not only ensured a smooth implementation, but created a solution that precisely meets the organization’s requirements. This marks a decisive step for the company towards a future-proof and high-performance security infrastructure.