Today’s digital world consists of many cyber security threats such as trojans, ransomware, malware, phishing, social media attacks, and more. The threats are increasing its’ presence so much so that World Economic Forum’s (WEF) “The Global Risks Report 2022” shows that malware surged by 358% in 2020, while ransomware increased by 435%.
This indicates that human errors would probably be the weakest link in cyber security when it comes to privileged accounts such as local admin accounts, privileged user accounts, and domain administrative accounts. And all these accounts must be monitored and controlled closely with Privileged Access Management (PAM) solutions to mitigate the risks like data breaches.
Privileged Access Management solutions are one the most important cyber security components that enforce privileged access controls, minimize shared account risks, and eliminate credential exposures while controlling applications and endpoint devices (servers, routers, etc.)
PAM solutions enable IT & network administrators to:
Whereas PAM focuses on controlling and securing the internal IT environment of an organization, it can also support wide range of features for carriers/enterprises to establish a flexible, centrally managed, and layered defense security architecture against insider threats.
The benefits of Privileged Access Management, which basically provides a multi-layered security infrastructure against data breaches, multi-vendor environment complexity, regulatory compliance and cyber-attacks are as follows:
Privilege Access Management simplifies and secures the management of privileged accounts, for enterprises or network operators with the cutting-edge product features like:
Our PAM solution is available both on premises and cloud environment