Privileged accounts, known as superuser accounts, are primarily used for administration by specialized IT employees and provide virtually unrestrained power to execute commands and make system changes. Since 74% of breaches involve privileged credentials, it might be time for your company to take a closer look at how secure your systems are.
The mismanagement of privileged accounts may expose a company’s entire system to attackers. Here are a few examples of some common risks and issues companies may encounter.
Privileged access management (PAM) involves the cybersecurity strategies and technologies used to control the privileged access for users, accounts, processes, and systems across an IT environment.
By applying the appropriate level of controls, PAM helps organizations condense their attack surface, and mitigate the damage arising from external attacks, insider malfeasance or negligence.
PAM uses a least privilege approach, where no matter the user, their access rights and permissions to accounts, applications, systems, etc. are restricted to the absolute minimum needed to perform authorized activities.
Implementing privilege management not only minimizes the potential for a security breach occurring, it also helps limit the scope of a breach should one occur.
What sets PAM apart from other types of security technologies is that PAM can dismantle multiple points of the cyberattack chain. Thereby, providing protection against both external attacks as well as attacks that make it within networks and systems.
Having everything on one system may sound daunting, however PAM is considered by many analysts as one of the most important security projects for reducing cyber risk and achieving high security ROI.
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