What is Privileged Access Management?
Privileged users have an elevated permission to access critical target systems. Therefore, monitoring and controlling privileged access is absolutely vital. Malefactors, typically malicious insiders, can steal or misuse highly confidential corporate information if privileged credentials are compromised.
Privileged Access Management (PAM) is a practice which enables the Security and Risk management group to carefully govern and monitor all privileged user activities. Further, it allows an organization to comply with a host of regulations such as GDPR, SOX, HIPAA, SWIFT CSCF, PCI DSS that mandates PAM.
PAM solutions provides real-time threat alerts, analytics and monitoring that helps in preventing unauthorized access to the systems