Irrespective of companies’ size and operation, protecting a high-level admin account is an important element of an effective security strategy against cyber-threats. In most data breach cases, the attacker has targeted admin-based credentials to extract data, make changes to configurations, or set-up ransomware. Moreover, PAM is also imperative to ensure that your organization gets maximum protection from insider threats.
If you are not monitoring who is accessing the different accounts, you do not know what is actually happening across the enterprise. Without effective privileged access management, your company is at greater risk of sensitive information being compromised. Additionally, if the passwords are not managed and changed regularly, even workers who have left the company may be able to access vital data.
What exactly is Privileged Access Management, and how it works? Read on to find out more about this vital phenomenon.