Last Updated on March 6, 2024 by Nasir Hanif
In an era where data breaches are becoming alarmingly commonplace, having a strong cybersecurity strategy is paramount for businesses. Pravin Agarwal, an esteemed Cybersecurity professionalArk Guardian, has established himself as a pioneer in the intersection of cybersecurity and business strategy.
Over the past 18 years, Agarwal has been integrating technical expertise with an aptitude for business, particularly in areas such as Identity Access Management (IAM), Privileged Access Management (PAM), Cloud Infrastructure Entitlement Management (CIEM), and Integrated Governance, Risk and Compliance (IGA). He holds an esteemed reputation for leading the implementation of end-to-end PAM lifecycle strategies in a range of sectors, from banking to healthcare.
In the realm of cybersecurity, the numbers reveal a harsh reality. According to Cybersecurity Ventures, the global cost of cybercrime is projected to reach $10.5 trillion annually by 2025, a drastic increase from $3 trillion in 2015. To combat this, enterprises worldwide may haveare expected to spentd more than $1 trillion cumulatively on cybersecurity products and services between 2017 and 2021.
The ongoing digital transformation, spurred on by the global pandemic, has escalated the relevance of PAM solutions. According to a report by MarketsandMarkets™, the PAM market is expected to grow from USD 1.2 billion in 2020 to USD 3.8 billion by 2025, at a CAGR of 14.3%.
Agarwal emphasizes the importance of the principle of Zero Trust in his approach to cybersecurity. “In the age of digital transformation, the concept of Zero Trust is becoming increasingly critical. It entails limiting access to sensitive information and ensuring verification at every step. The goal is to eliminate standing privilege and build a credential-less ecosystem,” Agarwal states.
He added, “As we continue to shift towards cloud-based systems, managing privileged cloud permissionpermissions gaps for platforms such as AWS, GCP, and Azure is of utmost importance. The key is to provide secure user and privileged access to all on-prem and cloud applications with an intuitive user experience. This is where my focus lies.”
Agarwal’s commitment to streamlining cybersecurity processes has led to significant reductions in privileged accounts and identities onboarding time. “My goal is to cut the onboarding time by 90% through integrations and automation. This not only boosts efficiency but also greatly improves audit compliance and control requirements,” he explained.
On the horizon, Agarwal envisions helping organizations build a credential-less ecosystem by integrating PAM, CIEM, and IGA for on-prem and cloud. “Over the next five years, I plan to further evolve On-Prem and& Cloud Security with the adoption of Least Privileged/Least Access concepts. Security relies on visibility and limiting access as much as possible. This is the future of cybersecurity,” he predicted.
In addition to his technical prowess, Agarwal also boasts a strong record in sales strategy. His knack for developing relationships with top management and key decision-makers in target organizations has proven instrumental in increasing revenue. By understanding the critical business drivers in various markets, he is able to create successful outcomes in complex environments.
In today’s rapidly evolving digital landscape, the unique blend of cybersecurity expertise and sales strategy demonstrated by Pravin Agarwal is precisely what businesses need. His approach ensures robust protection for companies’ sensitive information while aligning cybersecurity efforts with broader business objectives. The future of cybersecurity is indeed in capable hands.
About Pravin Agarwal
With over 18 years of IT and Cybersecurity experience, Pravin Agarwal is a subject matter expert with a proven track record in Cyber Security and IT Risk Management. He is a CyberArk Guardian and a prominent figure in the cybersecurity landscape. He has made significant contributions to the development and implementation of PAM strategies, Zero Trust security models, and Cloud Security. His work spans various sectors, including banking, capital markets, insurance, asset management, and pharmaceuticals, among others. Agarwal’s expertise in developing relationships with top management and key decision-makers in target organizations has been instrumental in driving revenue and delivering successful outcomes in complex environments.
Learn more: https://www.linkedin.com/in/pravina/
