Privileged access management, or PAM, is software that helps organizations maintain complete control and visibility over their most critical systems and data. A robust PAM solution ensures that all user actions, including those taken by privileged users, are monitored and can be audited in case of a security breach.
Organizational security often begins with password management. Even the most basic of organizations use passwords to protect email accounts and document management solutions, while larger organizations may need to worry about HIPAA compliance, protecting industrial control systems, and more. Ensuring security with robust password management policies is key, and utilizing enterprise password management software, such as the WALLIX Bastion Password Manager, significantly simplifies this daunting task.
You can’t spend your way into a strong security posture. Being secure involves integrating tools, policies, people, and budgets. Getting secure will absolutely require some expenditure of cash. How much is the right amount? The answer depends on each organization’s unique security needs. In general, though, the best practice is to assess the potential financial impact of an incident (data breach cost) and weigh it against the cost of staying secure through breach prevention. Figuring this out can be a bit challenging, but it can be done.
Despite the globally-increasing threat of cyber attack, and what feels like near-daily major news reports of data breaches in our most sensitive industries, many companies still under-value cybersecurity. While the data breach fatigue is real, organizations from every sector need to ramp up their IT security practices.
Misappropriation of user identity is one of the root causes of many serious cybersecurity incidents. The threat can appear as a malicious actor impersonating an authorized system user, a hacker creating a fictitious user account, or a legitimate user taking improper actions. In each case, security managers may have trouble detecting the actions of an ill-intentioned user or they discover the problem after the fact.