MillenniumIT ESP, a leading provider of enterprise technology solutions, in collaboration with CyberArk, the identity security company, recently hosted a landmark event.

Titled "Next-Gen Identity Security: Modernising PAM for Comprehensive Risk Mitigation," the event was held on 27th November 2024 at the Spice Room, Shangri-La Colombo. It brought together over 80 senior professionals from diverse industries, including Banking and Financial Services, Manufacturing and Retail, Telecommunications, and Government. The turnout reflected the increasing importance of adopting advanced measures to strengthen identity security.

The keynote address, delivered by Jeffrey Kok, Vice President, Solution Engineers for Asia Pacific and Japan at CyberArk, emphasised the critical need to modernise Privileged Access Management (PAM) to counter the rapidly evolving digital landscape. His presentation highlighted the role of Zero Trust security frameworks as a foundation for effective identity security and explored the complexities of managing privileges across hybrid environments, including both cloud and on-premise. His insights offered practical strategies for organisations to safeguard digital identities, resonating strongly with the attendees.

Commenting on the event, Shevan Goonetilleke, Director and CEO of MillenniumIT ESP, said, “This event reflects our dedication to delivering advanced cybersecurity solutions. Collaborating with industry leaders like CyberArk enables us to address the challenges of modern cyber threats with innovative identity security solutions.

Our proven capabilities and certifications allow us to implement these solutions seamlessly, helping organisations secure their operations and identities. By driving cybersecurity innovation, we empower our customers to navigate the complexities of today’s digital environment with confidence.”

Rohan Vaidya, Area Vice President for India and SAARC at CyberArk, emphasised the importance of identity security, stating, “The critical need for identity security in today’s interconnected world cannot be overstated. Events like this are essential to educate organisations about risks and providing them with effective tools for mitigation. We are thrilled by the enthusiastic response from Sri Lanka’s industry leaders.”

The occasion further strengthened the longstanding partnership between MillenniumIT ESP and CyberArk, with both organisations committed to addressing the unique cybersecurity challenges faced by Sri Lankan businesses. Ajit Ramnath, Senior Channel Manager for India and SAARC at CyberArk, added, “CyberArk is committed to enabling businesses to secure identities and manage privileges effectively. Partnering with MillenniumIT ESP has allowed us to demonstrate these cutting-edge technologies and empower organisations in Sri Lanka.”

Interactive discussions during the event explored innovative strategies for implementing modern PAM solutions, providing participants with valuable insights into enhancing organisational resilience. These discussions addressed the urgent need to secure privileged access while presenting opportunities for organisations to adopt proactive measures against emerging threats.

With a shared vision of safeguarding digital ecosystems, MillenniumIT ESP and CyberArk remain committed to working together to equip organisations with the tools and expertise needed to navigate the ever-evolving landscape of cyber threats. The Next-Gen Identity Security: Modernising PAM for Comprehensive Risk Mitigation event was a meaningful step forward, leaving participants better equipped and inspired to tackle the challenges of identity management and privileged access in today’s interconnected world.

Jeffrey Kok, Vice President at CyberArk, delivered a keynote on modernising PAM and leveraging Zero Trust frameworks to enhance identity security in hybrid environments

The Identity and Cyber Security team from MillenniumIT ESP and the CyberArk team capturing a group shot at the event, celebrating their collaboration and shared vision for advancing cybersecurity

An interactive session with over 80 participants from various industries, exploring modern identity security solutions

Shalindra Fernando, Chief Revenue Officer at MillenniumIT ESP, warmly welcoming the esteemed guests to the event

Highlights from the interactive Kahoot session, where participants enthusiastically engaged in a fun and dynamic quiz