{"id":4059,"date":"2024-01-31T18:26:10","date_gmt":"2024-01-31T23:26:10","guid":{"rendered":"https:\/\/www.indigoconsulting.ca\/?p=4059"},"modified":"2024-02-01T10:32:55","modified_gmt":"2024-02-01T15:32:55","slug":"how-indigos-vault-enables-industry-leading-secrets-management","status":"publish","type":"post","link":"https:\/\/www.indigoconsulting.ca\/fr\/blog\/how-indigos-vault-enables-industry-leading-secrets-management\/","title":{"rendered":"How Indigo\u2019s vault enables industry-leading secrets management"},"content":{"rendered":"<div data-elementor-type=\"wp-post\" data-elementor-id=\"4059\" class=\"elementor elementor-4059\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4963f3d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4963f3d\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-bc41714\" data-id=\"bc41714\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-bd22f69 elementor-widget elementor-widget-text-editor\" data-id=\"bd22f69\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Cybersecurity is at the front of mind for organizations across all industries as cyber attacks have become increasingly frequent. One study estimates that the <\/span><a href=\"https:\/\/www.esentire.com\/resources\/library\/2023-official-cybercrime-report\"><span style=\"font-weight: 400;\">global cost of cybercrime will reach US$9.5 trillion in 2024<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 investing in effective security is crucial.<\/span><\/p><p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignright wp-image-4066\" src=\"https:\/\/www.indigoconsulting.ca\/wp-content\/uploads\/2024\/02\/credit-card-woman-and-phone-for-ecommerce-payment-2023-11-27-05-34-38-utc-1024x787.jpg\" alt=\"\" width=\"500\" height=\"384\" srcset=\"https:\/\/www.indigoconsulting.ca\/wp-content\/uploads\/2024\/02\/credit-card-woman-and-phone-for-ecommerce-payment-2023-11-27-05-34-38-utc-1024x787.jpg 1024w, https:\/\/www.indigoconsulting.ca\/wp-content\/uploads\/2024\/02\/credit-card-woman-and-phone-for-ecommerce-payment-2023-11-27-05-34-38-utc-300x230.jpg 300w, https:\/\/www.indigoconsulting.ca\/wp-content\/uploads\/2024\/02\/credit-card-woman-and-phone-for-ecommerce-payment-2023-11-27-05-34-38-utc-768x590.jpg 768w, https:\/\/www.indigoconsulting.ca\/wp-content\/uploads\/2024\/02\/credit-card-woman-and-phone-for-ecommerce-payment-2023-11-27-05-34-38-utc-370x284.jpg 370w, https:\/\/www.indigoconsulting.ca\/wp-content\/uploads\/2024\/02\/credit-card-woman-and-phone-for-ecommerce-payment-2023-11-27-05-34-38-utc-599x460.jpg 599w, https:\/\/www.indigoconsulting.ca\/wp-content\/uploads\/2024\/02\/credit-card-woman-and-phone-for-ecommerce-payment-2023-11-27-05-34-38-utc-1536x1180.jpg 1536w, https:\/\/www.indigoconsulting.ca\/wp-content\/uploads\/2024\/02\/credit-card-woman-and-phone-for-ecommerce-payment-2023-11-27-05-34-38-utc-2048x1573.jpg 2048w\" sizes=\"(max-width: 500px) 100vw, 500px\" \/><\/p><p><span style=\"font-weight: 400;\">Yet, how can you invest in security in a way that makes a cost-effective impact? We can look to the causes of cyber attacks for the answers.<\/span><\/p><p><span style=\"font-weight: 400;\">A study by<\/span><a href=\"https:\/\/services.google.com\/fh\/files\/blogs\/gcat_threathorizons_full_jul2023.pdf\"><span style=\"font-weight: 400;\"> Google found that 86% of breaches involve stolen credentials<\/span><\/a><span style=\"font-weight: 400;\">. A separate study from <\/span><a href=\"https:\/\/www.verizon.com\/business\/resources\/reports\/dbir\/\"><span style=\"font-weight: 400;\">Verizon found that the human element is involved in 74% of breaches<\/span><\/a><span style=\"font-weight: 400;\">, which Verizon defines as attacks involving human error, use of stolen credentials, social engineering, or privilege misuse.<\/span><\/p><p><span style=\"font-weight: 400;\">Companies are now exploring how they can better protect user credentials and non-human credentials, such as cloud services and IoT devices. Secrets management is the practice of properly managing, auditing, and securing all credentials used throughout the tech ecosystem.<\/span><\/p><p><span style=\"font-weight: 400;\">Indigo Consulting\u2019s <\/span><a href=\"https:\/\/www.indigoconsulting.ca\/fr\/managed-services\/\"><span style=\"font-weight: 400;\">services g\u00e9r\u00e9s<\/span><\/a><span style=\"font-weight: 400;\"> include a comprehensive vault service to protect our partners with industry-leading secrets management. We\u2019ll be breaking down why secrets management is business critical, its best practices, and how Indigo makes it easy to stay secure.<\/span><\/p><p>\u00a0<\/p><h2><span style=\"color: #003b59;\"><strong>Why Effective Secrets Management is Critical<\/strong><\/span><\/h2><p><span style=\"font-weight: 400;\">Before diving deeper, let\u2019s briefly talk more about why secrets management is so vital to organization across all industries.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">Secrets management allows your enterprise to securely store, transmit, and audit any secrets that help your business operate. A secret is anything from encryption keys to user credentials to API keys \u2014 any credential used for digital authentication.<\/span><\/p><p><span style=\"font-weight: 400;\">Effective secrets management is crucial due to its ability to mitigate some of the common security vulnerabilities that accompany them, such as:<\/span><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Sharing credentials with other users in plain text<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Weak storage, including plain text or encrypted storage<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Reusing secrets for too long, either because of poor development practices or the inability to effectively manage them<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Lack of secret revocation or rotation<\/span><\/li><\/ul><p><span style=\"font-weight: 400;\"><br \/>These issues are mitigated by enacting effective secrets management and adopting the right tools. Abiding by best practices is necessary for implementing a program that adequately mitigates the above threats.<\/span><\/p><h2><span style=\"color: #003b59;\"><strong>Best Practices for Secure Secrets Management<\/strong><\/span><\/h2><p><span style=\"font-weight: 400;\">Implementing secrets management without adhering to industry best practices can create more problems than it solves and possibly weaken your overall security posture. It\u2019s necessary to implement secrets management correctly to ensure you reap all the possible benefits and bolster your security.<\/span><\/p><p><span style=\"font-weight: 400;\">We\u2019ll be exploring some of the most essential secrets management best practices to keep in mind as you begin or upgrade your secrets management program.<\/span><\/p><h4><strong><span style=\"color: #00577d;\">Use a Purpose-Built Secrets Manager<br \/><\/span><\/strong><\/h4><p><span style=\"font-weight: 400;\">Arguably the most essential best practice is to avoid building your own secrets management software and adopt an existing, purpose-built solution. Secrets managers are constantly evolving and must be actively maintained otherwise they\u2019ll fail to adapt to the latest security threats.<\/span><\/p><p><span style=\"font-weight: 400;\">For example, Indigo uses <\/span><a href=\"https:\/\/www.vaultproject.io\/\"><span style=\"font-weight: 400;\">HashiCorp\u2019s solution<\/span><\/a><span style=\"font-weight: 400;\"> for our Secrets Vault. We could certainly build our own solution, but our focus is helping organizations intelligently deploy IAM programs, including secrets management. We leave the software development and maintenance to our partners, who have made it their core competency.<\/span><\/p><p><span style=\"font-weight: 400;\">Similarly, your organization should keep the focus on your own core competencies rather than trying to develop and maintain a secret manager. You\u2019ll ensure you stay secure while avoiding spending too much time and resources on something that doesn\u2019t directly generate revenue.<\/span><\/p><h4><strong><span style=\"color: #00577d;\">Have Centralized Secrets Control<\/span><\/strong><\/h4><p><span style=\"font-weight: 400;\">It may seem counterintuitive to gather all your secrets in one place, but it\u2019s safer to bolster the security of one cluster or several redundant clusters rather than having them stored throughout the tech ecosystem.<\/span><\/p><p><span style=\"font-weight: 400;\">You can think of it like Fort Knox rather than storing gold in forts all over the country. Providing the utmost security to Fort Knox is ultimately more effective than building similarly effective security systems in multiple locations. Even today, the fort holds roughly <\/span><a href=\"https:\/\/www.usmint.gov\/about\/mint-tours-facilities\/fort-knox#:~:text=Fort%20Knox%20stores%20the%20Declaration,are%20returned%20to%20Washington%2C%20DC.\"><span style=\"font-weight: 400;\">147.3 million ounces of gold plus other bullion<\/span><\/a><span style=\"font-weight: 400;\"> and has since 1941.<\/span><\/p><p><span style=\"font-weight: 400;\">Centralizing your digital authentication credentials works similarly \u2014 compromising your secrets management platforms will not be easy or simple. Even then, depending on your solution or overall IT architecture, if it is compromised, it won\u2019t give up all the keys to the kingdom.<\/span><\/p><h4><strong><span style=\"color: #00577d;\">Ensure Effective Secrets Lifecycle<\/span><\/strong><\/h4><p><span style=\"font-weight: 400;\">A core component of secrets management is following the best practices for secret lifecycles. A high-level overview of this lifecycle is as follows:<\/span><\/p><ol><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Creation of new secrets that are secretly generated and cryptographically secure for their intended purpose.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Rotation of existing secrets so any stolen credentials will only work for limited duration, on top of preventing users from re-using credentials.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Revocation of secrets when they are known to be compromised or simply no longer necessary.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Expiration is dictated during creation or company policies, so they are either removed upon expiration or forces a rotation.<\/span><\/li><\/ol><p><span style=\"font-weight: 400;\"><br \/>Using a secrets management vault helps stay on top of managing lifecycles, with some processes able to be automated. Having a documented and followed secrets lifecycle policy may also be necessary to stay compliant with the regulations facing your industry.<\/span><\/p><h2><span style=\"color: #003b59;\"><strong>How Working With IAM Experts Enhances Security<\/strong><\/span><\/h2><p><span style=\"font-weight: 400;\">You can implement the above practices by yourself, but you\u2019ll need to adopt the right platforms and have trained personnel in place to manage everything. While that may be a reasonable route for some organizations, others may struggle to implement secrets management practices and solutions correctly.<\/span><\/p><p><span style=\"font-weight: 400;\">Instead of going it alone, you can partner with an Identity and Access Management (IAM) with an emphasis on leading edge. Working with the specialist helps your organization in several potent ways, including:<\/span><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Evaluating your existing secrets management practices and implementing solutions that make sense for your organization.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Providing a leading-edge secure secrets management vault that offers a centralized space to safeguard all sensitive credentials.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Implement robust encryption measures so that every credential is confidential and protected.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Log all access to secrets, creating a comprehensive audit trail and ensuring only authorized employees or third parties can access the secrets they need.<\/span><\/span><\/li><\/ul><h2><span style=\"color: #003b59;\"><strong>Partner with Indigo Consulting for Secure, Effective Secrets Management<\/strong><\/span><\/h2><p><span style=\"font-weight: 400;\">Indigo Consulting provides all of the above practices to our clients who need them as part of our managed services.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">While we have leveraged HashiCorp Vault internally, Indigo is a partner with specialized PAM vendors like ForgeRock, CyberArk, BeyondTrust, and SailPoint.<\/span><\/p><p><span style=\"font-weight: 400;\">Ready to enhance your security? <\/span><a href=\"https:\/\/www.indigoconsulting.ca\/fr\/managed-services\/\"><span style=\"font-weight: 400;\">Learn more about our managed services<\/span><\/a><span style=\"font-weight: 400;\"> or <\/span><a href=\"https:\/\/www.indigoconsulting.ca\/fr\/contact\/\"><span style=\"font-weight: 400;\">book a discovery call<\/span><\/a><span style=\"font-weight: 400;\"> with an IAM expert today.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9d389b3 elementor-align-left elementor-invisible elementor-widget elementor-widget-button\" data-id=\"9d389b3\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeIn&quot;,&quot;_animation_delay&quot;:200}\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/www.indigoconsulting.ca\/fr\/contact\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Prendre rendez-vous<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>Cybersecurity is at the front of mind for organizations across all industries as cyber attacks have become increasingly frequent. One study estimates that the global cost of cybercrime will reach US$9.5 trillion in 2024 \u2014 investing in effective security is crucial. Yet, how can you invest in security in a way that makes a cost-effective [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":4066,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[117],"tags":[],"class_list":["post-4059","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.8 (Yoast SEO v28.7) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>How Indigo\u2019s Vault Enables Industry-Leading Secrets Management | Indigo Consulting Insights<\/title>\n<meta name=\"description\" content=\"Effective secrets management is crucial for protecting digital authentication credentials. 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