Enhanced Secret Management for Streamlined Security in the Mobility Industry

The client, a major player in the Mobility as a Service industry, struggled with a decentralized approach to managing their numerous secrets. Without a central platform, maintaining an accurate secret inventory proved difficult, increasing the risk of security vulnerabilities. 

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Challenge

No centralized platform

Managing over 50+ secret repositories made it difficult to maintain an updated and secure inventory.

Increased security incidents

A 20% rise in security incidents over the past year was driven by the lack of a centralized management system.

Inefficient manual processes

Teams spent 30 hours per week on manual secret management tasks, which introduced inefficiencies.

Delayed security responses

Without automated processes, ensuring a swift response to secret-related security incidents became challenging.

Solution

Centralized secret management

BayRock's Central Secret Management Platform (SMP) securely manages the entire secret lifecycle, consolidating all 50+ repositories into one platform for streamlined oversight.

Automated processes

The platform eliminates inefficiencies by automating secret updates and rotations, reducing the 30 hours/week spent on manual management and minimizing security vulnerabilities.

Improved security response

Automated secret rotation ensures quick and secure responses during security breaches, addressing the 20% increase in incidents caused by outdated secrets.

Contextual tracking for better decision-making

The platform provides comprehensive tracking of each secret's history, empowering teams to make informed security decisions and strengthen their overall posture.

Impact

Enhanced Security

Centralized management and automated rotation led to a 75% reduction in security incidents related to secret management, minimizing risks from outdated or compromised secrets. 

Increased Efficiency

Streamlined processes resulted in a 50% decrease in time spent on manual secret management tasks, boosting overall productivity. 

Improved Risk Management

A structured, proactive approach allowed for an 80% faster response to potential secret leaks, enhancing risk mitigation efforts.

Reduced manual efforts

Automation eliminated inefficiencies, cutting down on manual tasks and freeing up teams for more strategic initiatives.
Reduction in security incidents related to secret management.
Decrease in time spent on manual secret management.
Faster response to potential secret leaks.

Conclusion

By implementing BayRock Labs' Central Secret Management Platform, the MaaS leader achieved a 75% reduction in security incidents, a 50% decrease in time spent on manual secret management, and an 80% faster response to potential secret leaks. With the help of centralized secret management, we were able to significantly enhance security, operational efficiency, and ensure risk mitigation—essential for protecting sensitive data in the MaaS industry and beyond.