Protect Your Business and Your Customers By Reducing Risk
As experts in covering risks, you already know how important it is to build risk strategies that help navigate new security and regulatory requirements. While there is an upside to being more nimble in servicing all of your stakeholders through the public cloud, insurers need to mitigate the risks that are involved in migrating critical data—your corporate "crown jewels"— to the cloud.
Your insurance company’s data must always be secure. This comes with significant concerns, like protecting personally identifiable information (PII) of customers or claims management data. Compliance requirements related to government, industry, or corporate standards further complicate security. These challenges make security and compliance a strategic element of your adoption of cloud,
Leading insurance companies use Sonrai Dig to protect the public cloud environments from misconfiguration, policy violations, identity, and data governance challenges.
Data breaches are caused by companies not making adequate and appropriate investments in cloud security. With insurance companies racing to the cloud, they are under increasing pressure to make appropriate investments to ensure that data is being protected.
With Sonrai Dig, your architecture is secure, agile, and compliant. Continuously monitor database and database service access to get immediate feedback on the health of your cloud. Databases like DynamoDB, CosmosDB, RDS, Data Lake, Big Table, and many other cloud based data stores contain sensitive data. In addition to looking for public buckets and object stores, Dig discovers and monitors access to these critical stores and resources.
The use of AWS, Azure, GCP, and Kubernetes clouds delivers the unparalleled ability to rapidly bring new products and services to market, and flexibly scale these in real-time to meet demand. This agility is often reliant on providing self-service access to developers and if not approached properly, can create a loss of control, complex sets of microservices and serverless functions, and a constantly changing security environment creating 1000s of pieces of compute across 100s of roles. This complexity in identity and data access leaves your organization at risk if the proper controls are not met or enforced.
By reducing complexity, your company can better control its resources and access to it, whether it is people, processes, policies, or compute. Sonrai Dig can help simplify your public cloud by decoding permissions and activities of roles and identities so your organization may track permissions and monitor activity of all of these identities as they create roles, assume roles, and gain access to your data.
The NAIC Model Law, and regulatory initiatives from states, like the New York State DFS and others, have further challenged insurance organizations to keep pace in the cloud. With new requirements in place for additional reporting and auditing, carriers have assumed a larger regulatory burden that needs additional resources to meet the updated compliance standards.
Sonrai Dig is designed to complement standards, such as the CIS Foundations Benchmark, to provide additional protection against today’s advanced misconfiguration attacks and to help meet the regulatory compliance initiatives. Sonrai Dig gives your insurance company a platform posture with out-of-the-box compliance frameworks with controls to mitigate risk in the public cloud. Security groups with Internet access or exposed ports, public buckets, encryption and audit state, access key rotation, weak ciphers are examples of the 100s of controls that are continuously monitored. Sonrai Dig can help meet customized integrated frameworks with leading industry standards to provide appropriate coverage of controls to improve identity and data audits.
There are many benefits to using AWS, but how do you manage security, compliance, and access risk within the AWS environment? Ignoring security gaps and relying on a single vendor dramatically increases risk, but with many cloud and security teams being asked to reduce costs in the challenging economic climate, taking a single vendor approach can be tempting. Watch this webinar to learn strategies to mitigate these risks.