WASHINGTON, April 27, 2016 /PRNewswire/ -- Thycotic, a leading provider of enterprise privileged account management (PAM) solutions for more than 3,500 global organizations, today announced that IT Weapons, a Konica-Minolta Company, has partnered with Thycotic to drastically reduce a major attack vector surrounding sensitive client system passwords. This is accomplished by effectively storing, managing and auditing credentials in a centralized console. Additional details on Thycotic's work with IT Weapons can be found in this video.
For the last 15 years, IT Weapons has delivered award-winning IT security consulting, cloud solutions and managed services for hundreds of clients world-wide. The service provider actively manages more than 11,000 devices in their private cloud alone, and supports hundreds and thousands of systems for clients on a daily basis, including: networks, applications, databases, virtualized environments, cloud infrastructure and more. In order to deliver the highest quality of service, technical consultants and help desk technicians are given access to clients' privileged accounts, credentials that are seen as "the keys to the kingdom" that allow high levels of access to extremely sensitive networks and systems.
"As internal compliance audits require stronger password security and access management each year, IT Weapons knew it needed to pursue an enterprise PAM system that was built for security, easy to deploy and would effectively store, manage and audit privileged credentials on client systems," said Thycotic Founder and CTO Jonathan Cogley. "After reviewing several enterprise class solutions, IT Weapons ultimately chose Thycotic because of its ease of implementation, enterprise security features and scalability."
"We were attracted to Thycotic because of the multitude of enterprise features that addressed our needs and a strong roadmap for future releases," says Huw Evans, Principal Security Consultant at IT Weapons. "Coupling the cost of ownership with the feature set we needed, Thycotic Secret Server by far had the strongest value proposition out of the enterprise solutions we considered."
In the initial rollout, consultant Rick Mahadeo was able to get Thycotic fully deployed and migrate more than 50 percent of targeted data into the solution within two hours without the help of any outside professional services. With Thycotic, IT Weapons now has access to a comprehensive audit trail of who used what credentials and when, checking a major box for internal security audits.
"As a [managed service provider], we're given the full access to many of our clients," said Mahadeo. "We need to be able to identify who's using those accounts, where they're using them, and are those accounts secure. That's why we needed strong PAM and why we decided to partner with Thycotic."
Aside from the storing and auditing of privileged password usage, Thycotic can also automatically change passwords on privileged accounts and endpoints, eliminating the burden of manual password changing and ensuring accounts have strong, complex passwords. Moving forward, by partnering with Thycotic for strong PAM, IT Weapons greatly reduces attack vectors surrounding client passwords and plans to expand the solution into more use cases in the future.
"Security is going to remain paramount, and is a critical piece to our growth," says Ted Garner, Co-Founder and CEO of IT Weapons. "We know it's an important part of our future, but its partners like Thycotic that will be flexible and grow with us that makes it a critical partnership for our ongoing growth."
To learn more about Thycotic and their PAM solutions, please visit the company's website and follow Thycotic on Twitter at @Thycotic.
About IT Weapons IT Weapons, a Konica Minolta Company is an award-winning IT consulting, cloud solutions, and managed services firm. Our team maintains the highest levels of industry certification in all aspects of business-related IT. We operate state-of-the-art and highly secure Data Centres across Canada. We are Canada's only IT service provider that jointly holds SSAE-16 accreditation, an ITIL certified Service Desk staffed day and night, and Controlled Goods Program of Canada designation for the management and storage of data related to National Security and Defense. For more information, please visit http://www.itweapons.com/
About Thycotic Thycotic, a global leader in IT security, is the fastest growing provider of Privilege Management solutions that protect an organization's most valuable assets from cyber-attacks and insider threats. Thycotic secures privileged account access for more than 3,500 organizations worldwide, including Fortune 500 enterprises. Thycotic's award winning Privilege Management Security solutions minimize privileged credential risk, limits user privileges and controls applications on endpoints and servers. Thycotic was founded in 1996 with corporate headquarters in Washington, D.C. and global offices in the U.K. and Australia. For more information, please visit www.thycotic.com.