A new security model has been launched this week, dubbed Access Segmentation and Encryption Management (ASEM), which is being touted as the most comprehensive cybersecurity protection available today.
The model, which is currently only available through MyCena Security Solutions, addresses 95% of cybersecurity breaches, while reducing costs and significantly improving cyber resilience.
According to the news release, human error is today’s leading cause of security incidents today, with a recent World Economic Forum study attributing 95% of all breaches to human error. ASEM is a revolutionary new security model that tackles this threat. It solves the problem at the source, which is employees holding, making, and storing their work passwords.
ASEM solves this problem by removing passwords from the control of employees and putting them back under the control of the enterprise. Using a console, passwords are generated according to specific policies for each system and distributed encrypted to employees. Since no one sees the passwords, employees can’t lose them or accidentally hand them over in phishing scams.
As strong random encrypted passwords are applied to each system individually across the entire enterprise network, even if attackers infiltrate the network via a third-party supply-chain attack, they are contained within one system, can’t travel laterally across an organization’s network, escalate privileges and take over the network. This limits the impact of any breach, minimizes the volume of data that can be stolen or locked, and therefore prevents ransomware.
Complementing other security solutions that aim to detect, protect and mitigate known vulnerabilities, but ultimately cover only 2% of the threats, ASEM provides an additional 95% coverage by targeting the primary source of breaches, which is human error. Since users no longer create, see, or know passwords, ASEM saves organizations huge costs by eliminating password resets, which are estimated to cost US$70 per reset by research firm Forrester, password hygiene training as well as password fraud. Instead, employees are completely protected from password phishing and errors via a single, easy-to-manage centralized management platform.
Furthermore, ASEM offers huge security advances over the single access model, whether Zero Trust, privileged access management, identity access management, or biometric access, which gamble the entire security architecture on users not getting caught out by phishing scams and AI.
“Organizations today spend the majority of their security budgets on threat detection and response, but research shows this only accounts for 2% of the security threats they are facing. ASEM is a new security model that adds 95% more coverage by putting access security back under corporate control. No other security model offers such level of coverage for organizations. ASEM also provides huge cost savings, reduces mental stress, and mathematically provides cyber-resilience against ransomware. It’s the most comprehensive security model available on the market today,” said Julia O’Toole, CEO of MyCena Security Solutions.
MyCena Security Solutions is currently the only vendor offering a platform to support the ASEM security model. With MyCena’s Desk Center application, organizations can regain control of their employees’ access to improve security, cut costs, and defend against ransomware.
Organizations using ASEM to secure their access are also able to provide a Certificate of Access Control Implementation for listed systems and users to data privacy regulators and insurers, to prove compliance with their data privacy access control duties and duty of care if necessary.
