Understanding PAM – Presented by KuppingerCole Analysts
Privileged Access Management (PAM) is one of the most important areas of risk management and data security in any organization. But, changing business practices and digital transformation have meant that privileged accounts have become more numerous and widespread, putting critical assets at risk.
If left uncontrolled, businesses are exposed to the risks of abandoned accounts, unmanaged shared accounts and criminals and hackers are becoming more adept at stealing and using credentials for privileged accounts to gain access. To reduce this risk – and uphold strict compliance requirements – a cost-effective PAM solution is essential.
Digital transformation is no longer optional for businesses if they wish to stay competitive and deliver greater value to customers. But as they seek to embrace the advantages of Cloud, IoT, AI, and Big Data across extended infrastructures, organizations need to be aware of the cybersecurity, compliance and identify risks that digital transformation also creates.
As agile access and identity requests are key aspects digital environment it follows that one of the most important tools to manage this securely is Privileged Access Management (PAM).
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