Exploring the Imperative of Multifactor Authentication in Cyber Insurance: Delinea Secret Server Steps Up

Delinea Introduces Multi-Factor Authentication to Enhance Privileged Access Management

Overview

Delinea, a leading provider of Privileged Access Management (PAM) solutions, has unveiled an update to its award-winning vault solution, Secret Server. The update introduces Multi-Factor Authentication (MFA) enforcement on credentials, offering an additional layer of security for highly sensitive information. This new functionality aims to reduce the risk of cyber breaches and help organizations meet strict compliance requirements.

The Importance of Multi-Factor Authentication

Stolen credentials and human error continue to be prime targets for cybercriminals. In fact, according to the Verizon 2023 Data Breach Investigations Report, 86% of breaches involve stolen credentials, and 74% of all breaches involve human elements. It is evident that organizations need enhanced security controls to ensure extra identity verification for highly privileged accounts and protect their valuable data.

MFA Enforcement as a Solution

Delinea’s latest enhancement, MFA enforcement on credentials, addresses the need for an additional layer of security controls. This feature allows IT and security teams to enforce MFA not only at login but also on specified credentials. The flexibility of this functionality enables organizations to enforce MFA on single or multiple credentials, either through bulk operations or predefined policies.

By adding an additional layer of security further down the attack chain, access controls on highly privileged accounts can remain intact even if the user’s original credentials and preferred MFA method become compromised. This granular approach provides organizations with the ability to mitigate potential risks while maintaining productivity.

Integration and Compatibility

Delinea ensures seamless integration with existing MFA solutions, supporting various types of MFA, such as the Delinea Mobile App, Yubikey, and other devices using FIDO2 protocols. Organizations utilizing Secret Server Cloud, delivered through the Delinea Platform, can leverage this update for increased security measures.

Expert Opinion and Advice

Phil Calvin, Chief Product Officer at Delinea, expressed excitement about the latest update, highlighting the significance of preventing unauthorized access to privileged credentials. Calvin emphasized that enforcing MFA at multiple levels of vault access acts as another line of defense against bad actors, complementing best practices in PAM security.

It is evident that MFA enforcement is a crucial step in protecting organizations from cyber threats. As cyber insurance requirements become more stringent, organizations should seriously consider adopting an MFA enforcement solution. A recent Delinea survey report revealed that 47% of respondents stated their need for such a solution to fulfill cyber insurance requirements.

Editorial: Balancing Security and Productivity

While implementing stronger security measures is essential, organizations must also consider how these measures may impact productivity. Striking a balance between security and efficiency is crucial. Delinea’s latest update addresses this concern by offering granular controls that allow organizations to meet both cyber insurance and compliance requirements.

Conclusion

Delinea’s introduction of Multi-Factor Authentication enforcement for privileged credentials demonstrates the company’s commitment to enhancing Privileged Access Management. By providing an additional layer of security and enabling organizations to meet stringent compliance requirements, Delinea is positioning itself as a leader in the evolving cybersecurity landscape.

Disclaimer

This is a fictional commentary piece created for educational and demonstration purposes only. Names, organizations, and events mentioned in this article are entirely fictional and do not represent real entities or occurrences.