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Bringing you news and commentary on solutions and strategies for protecting critical IT infrastructure in the context of your business.

Cutting Pay? Think Least Privilege First

Posted February 4, 2011    Peter McCalister

There was a big story in Network World about an IT staffer who sold his own company pirated software, used corporate servers for his own purposes and even downloaded credit card information.

In the comments you see how the story plays out. It’s not an isolated incident created by a psycho criminal IT staffer – it’s the kind of thing that someone convinces themselves is okay after years of wrestling with outsourcing, feeling underpaid and under appreciated and built-up anger towards the company.

The case with Goldman should show how money is a matter of perspective. One of their top-paid developers appear to have stolen code in an effort to sell it to a startup competitor. Paying more won’t make a theft less likely, but – as we saw in the recession – layoffs and cuts can certainly create a risk.

So this is the context in which I view a major story today in the Wall Street Journal, which was also widely reported elsewhere. Goldman is often criticized for overpaying their staff, especially highly paid executives. Now that they’re starting to trim those bonuses, will employees have the perspective to realize they were overpaid in the first place? Or find “alternative means” to secure cash flow or seek vengeance against the company they believe has wronged them.

Before cutting salaries or cutting staff, security needs to be a core component of planning (especially implementing a least privilege environment) for that and I’m sure Goldman did just as much.

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Additional articles

gartner market guide image - aug 2014

Introducing the Gartner Market Guide for Privileged Account Management

Posted July 29, 2014    Chris Burd

Gartner recently released a new Market Guide for Privileged Account Management (PAM), and we’d like to share a complimentary copy with you. The report includes PAM market analysis and direction, vendor overviews, and recommendations for selecting PAM solutions for your environment. BeyondTrust is one of two representative vendors (out of 20) to address all solution…

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Integrating Least Privilege and Password Management to Solve Account Security Challenges

Integrating Least Privilege and Password Management to Solve Account Security Challenges

Posted July 24, 2014    Morey Haber

There is a reason all BeyondTrust Privileged Account Management (PAM) solutions share the PowerBroker name: They all inherently enable you to reduce user-based risk and can be integrated under a centralized IT risk management platform. Here’s one common use case that demonstrates how this integration changes the playing field. Consider the challenge of privileged access:…

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PowerBroker Password Safe Password Age Report

Reshaping Privileged Password Management with Password Safe 5.2

Posted July 21, 2014    Martin Cannard

Today, we’re pleased to unveil the latest edition of our privileged password management solution, PowerBroker Password Safe. I’ll start with a brief intro of what’s new and then tell you a little about the driving factors behind Password Safe development. New features for mitigating password risk and ensuring accountability enterprise-wide Here’s the 10,000-foot overview of…

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