A recent investigation by Modat, based on data from its own Magnify platform, has revealed that many access management systems are exposed with serious security vulnerabilities on the internet. According to experts, this is mainly due to incorrect configurations, outdated protocols, and lack of monitoring.
The consequences of these vulnerabilities can be significant in multiple ways. By jeopardizing sensitive employee information, companies risk violating data protection laws, which could result in substantial fines. Additionally, with compromised and stolen identities, hackers could gain access to sensitive corporate data, leading to potential ransomware attacks, data theft, and economic espionage.
Modat has informed the affected organizations about these weaknesses and recommended measures to fix them. This includes disconnecting the access management system from the internet, implementing strict access controls, and conducting regular security updates. The report warns that the integration of IT and operational technology has increased the attack surface. Without stringent security measures, affected companies risk financial losses as well as the physical safety of their employees and overall infrastructure, according to the experts.
To secure access management systems, organizations are advised to follow these tips provided by Modat:
1. Disconnect the access management system from the internet to prevent unauthorized access.
2. Implement strict access controls to limit who can access the system and what actions they can perform.
3. Regularly update the access management system to patch any security vulnerabilities and protect against potential threats.
4. Monitor the system for any unusual activity or unauthorized access attempts.
5. Train employees on best practices for securing access management systems and recognizing potential security risks.
In conclusion, the findings from Modat’s investigation highlight the critical need for organizations to secure their access management systems against potential security threats. By implementing the recommended measures and staying vigilant, companies can mitigate the risks associated with vulnerable access management systems and safeguard their sensitive information and overall operations.