In today’s world, where the theft of privileged credentials causes roughly 80% of security breaches and those attacks are on an all-time high. It is critical that employees understand how their account can be hacked so they take steps to secure it before it’s too late! Implementing a Privileged Access Management (PAM) solution will ensure you have taken every necessary measure for protection against hackers looking try steal any sensitive data within your system or network.
Maintaining up log files helps defenders identify unusual behavior when there might not always seem as much at stake depending upon who has accessed which accounts; this way we know about anything suspicious early instead waiting until someone reports them having committed acts.
A privileged account is often the backbone of a firm. These accounts have more privileges than standard user-made and can be used for critical business activities like changing passwords, making changes to IT systems or accessing confidential information from anywhere within your company's network . If these accounts are compromised then there really isn't much that could stop them because they've got access everywhere!
Importance of privileged access management (PAM)
- Prevent data breaches
With privileged access management, an attacker is prevented from using their tokens to gain unauthorized access by monitoring how those privileges are used and restricting activities accordingly. This action maintains confidentiality, integrity & availability of critical systems which in turn protects the organization from cyberattacks
- Comply with regulations
You need to keep an eye on your employees and make sure they're staying within the letter of all company policies. Monitoring privileges are one way you can do this, but there's also monitoring time cards or doing random spot checks with HR in order ensure everyone is playing by these rules!
- Enable collaboration between business units
Some companies utilize privileged access management to grant users specific rights. These policies allow them greater control and flexibility in the way that they operate, which can lead organizations down an effective path for success!
- Security against privileged account attacks
A majority of breaches are preceded by privilege escalation. By implementing privilege monitoring, organizations can detect suspicious activity associated with obtaining elevated privileges and even unauthorized access attempts due to anomalous behavior that might be happening in a certain part or department within the company's infrastructure without them knowing about it yet!
- Reduce IT overhead
Organizations will be able to better protect their systems by automating privileged access management. This means that system administrators can focus on more important tasks, like troubleshooting and installing new software or hardware in an organization's infrastructure instead of having auditing duties assigned them as well!
Source: 5 Reasons to Always Keep an Eye on Privileged Business Accounts
Also Read:
2. Reasons Why to Keep an Eye on Privileged Business Accounts?
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