Password-based authentication has always been a hallmark of enterprise security strategy, but in recent years password security issues have proven to be one of the biggest contributors to security compromises and often serious data breaches.
"The ability [of attackers] to capture usernames and passwords is epidemic," said Philip Lieberman, founder and chief executive officer of Los Angeles-based Lieberman Software Inc., "and it's hard to protect a large organization, or even a medium-sized one, from this type of problem."
In this video, recorded at the 2014 RSA Conference, Lieberman discussed how privileged identity management technology is evolving to help organizations compensate for the risk of password theft.
Specifically, Lieberman said privileged identity management systems add emerging authentication controls like workflow-based authorization processes that avoid mass access request harvesting in favor of a streamlined system that makes business owners accountable for access approvals.
Lieberman encouraged enterprises to consider more alternatives to traditional password-based security mechanisms, not only privileged identity management but also multifactor authentication, contextual authentication and one-time passwords.