IoT security co CyberArk’s new move to secure IoT devices

Newton, Mass. & Petach Tikva, Israel, Nov. 25, 2020: CyberArk, a company working in the privileged access management domain today said it was working with Forescout and Phosphorus to enable organizations to secure the increasing number of the Internet of Things (IoT) devices and technologies resulting from digital business transformation.

It said in a press release that customers could reduce the risk using the joint integration to continuously discover, secure and manage IoT devices connected to corporate networks.

In order to reduce risk as the attack surface expands, organizations must maintain an up-to-date inventory of their IoT assets and continually assess the network to help ensure that patches are pushed and weak or default credentials do not remain in use. However, maintaining visibility and managing the full lifecycle of IoT is difficult, and costly, to do manually.

CyberArk claimed its new integration with Forescout and Phosphorus reduces such risks by providing an automated solution that granted visibility into enterprise IoT networks and automatically shrunk the attackable surface area by actively managing, securing and monitoring the credentials used to access their solutions.

“As organizations are increasing investments in transformative digital technologies like IoT, the number of privileged accounts and credentials in these devices can mean that each new device brings with it the potential for security and compliance vulnerabilities,” said Adam Bosnian, Executive Vice-president, Global Business Development, CyberArk, in a statement. “Through our integration with Forescout and Phosphorus, CyberArk dramatically improves security and compliance, and alleviates the burden on IT and security teams through greater automation and operational efficiencies related to the influx of interconnected devices.”

Through the integration, the Forescout platform continuously discovers IoT assets as they are added to the network, while Phosphorus Enterprise Solution assesses each asset, assigns it a risk level, and remediates firmware vulnerabilities.

Image credit: CyberArk

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