Identity Management | Breaking Cybersecurity News | The Hacker News

Privileged Identity Management (PIM): PIM is described as a service within Microsoft Entra ID, designed to manage, control, and monitor access to crucial organizational resources, encompassing Microsoft Entra ID, Azure, and other Microsoft Online Services like Microsoft 365 and Microsoft Intune. In the cybersecurity landscape, Privileged Identity Management (PIM) emerges as a pivotal element, but its effectiveness in managing privileged access is subject to scrutiny. Integral to the broader identity and access management (IAM) framework, PIM's role in upholding the least privilege and just-in-time access principles is increasingly questioned amidst evolving digital threats. While theoretically vital for risk mitigation and regulatory compliance, the practical application of PIM, especially in complex cloud and IT environments, often reveals limitations in its ability to adapt to sophisticated cyber threats. This dichotomy between PIM's intended role and its real-world effica

Though every organization is susceptible to data breaches, those in FinTech, Healthcare, and SaaS are particularly vulnerable to attacks due to the high volume of data they possess. It's all the more necessary for these organizations to secure their digital estate end-to-end. Identity & access management (IAM), authorization policies, and observability tools are required to enforce security. But with the proliferation of microservices, distributed architectures, numerous vendor and partner integrations, as well as open-source components, the digital supply chain has become more vast and complex than ever. This requires a purpose-built security solution that addresses the new needs of organizations in these sectors, to which Non-human identity management has risen to meet. Let's dive deeper, by looking at recent data breaches in each of these three sectors, beginning with FinTech. Breach examples in FinTech The term 'FinTech' includes a range of organizations such as banks, no