CYB-14 · Cyber security

Privileged access management — admin/elevated accounts limited, documented, and reviewed

Local and global admin accounts represent the highest-value target for attackers. Privileged accounts must be: minimised (least privilege principle), named to individuals (no shared admin accounts), MFA-enforced, and reviewed quarterly. Break-glass emergency accounts must be sealed and audited.

High priority

Trigger

When this rule fires

Shared admin accounts in use; privileged accounts not reviewed in last 6 months; admin accounts used for day-to-day tasks; no record of who holds elevated privileges

Applicability gate

Confirm the entity's role before treating this as a duty

This is a readiness rule mapped to JS2 themes. Its presence in the library does not establish that JS2 applies directly to the firm.

Insurance Broker: Most independent non-life Category I brokers are not directly in JS2's defined scope. A broker may be directly in scope if it separately meets a listed category, and may face contract or oversight requirements from an in-scope institution. Third-party provisions impose duties on the in-scope financial institution. They do not themselves make every supplier or intermediary directly subject to JS2.
Uma Binder Holder: UMA or binder-holder status is not itself listed in JS2's definition. Direct scope depends on another listed capacity; insurer contracts and oversight may create evidence requirements. JS2 paragraph 3.3 concerns juristic persons structured under an insurer or designated insurance group; it is not a blanket rule for every independent UMA or intermediary.
Insurer: An insurer as defined in the Insurance Act is directly in scope of JS2 from 1 June 2025. Apply proportionality and distinguish the insurer's own duty from requirements it places on third parties.

Citation

Mapped source

This control maps to the public instruments below. The mapping does not establish entity applicability.

Section

Joint Standard 2 of 2024 — paragraphs 7.2.2 and 8.2 (privileged access management) / ISO 27001 A.9

Legislation

Joint Standard 2 of 2024

Remediation

How to close the gap

Audit all privileged accounts. Remove shared admin credentials. Assign named admin accounts with MFA. Implement quarterly access review. Separate admin accounts from daily-use accounts (dedicated admin UPN).

Evidence required

Evidence to prepare if this control applies

Privileged account register
Quarterly access review record
No shared admin account confirmation
MFA status per privileged account

← Back to Identity and Access Control