A Pressing Imperative: Privileged credentials are the targets of choice for cyber attackers. 2

It makes sense for privileged accounts to be the most vulnerable because compromised accounts can grant unfettered access to your organization’s IT infrastructure. That’s why many high-profile breaches have resulted from unmanaged and unmonitored privileged accounts. The attackers responsible often gain administrative control through a single endpoint—and always leave substantial damage in their wake.

Locking out threats with Privileged Access Management

Ensuring your enterprise can appropriately protect, manage and monitor privileged rights mitigates the risk of unwelcome guests to your IT infrastructure.

Privileged Access Management (PAM) is a critical element of a broader Identity Governance & Administration strategy. It enables you to secure passwords, protect endpoints and keep privileged accounts safe and out of the hands of would-be impostors.

By 2022, 70% of organizations will have PAM practices for all use cases in the enterprise, reducing overall risk surface.1

Putting Privileged Access Management into practice

The latest Gartner survey responses suggest that 90% of organizations will recognize that mitigation of privileged access risk is fundamental to security control by 2022.2 However, 70% of organizations would fail an access controls audit today.3 That means while the vast majority of organizations will come to understand the importance and value of PAM in the near future, they currently lack the PAM software, controls and knowledgeable support required to put it into practice.

Locking out threats with Privileged Access Management

Ensuring your enterprise can appropriately protect, manage and monitor privileged rights mitigates the risk of unwelcome guests to your IT infrastructure.

Privileged Access Management (PAM) is a critical element of a broader Identity Governance & Administration strategy. It enables you to secure passwords, protect endpoints and keep privileged accounts safe and out of the hands of would-be impostors.

By 2022, 70% of organizations will have PAM practices for all use cases in the enterprise, reducing overall risk surface.1

Putting Privileged Access Management into practice

The latest Gartner survey responses suggest that 90% of organizations will recognize that mitigation of privileged access risk is fundamental to security control by 2022.2 However, 70% of organizations would fail an access controls audit today.3 That means while the vast majority of organizations will come to understand the importance and value of PAM in the near future, they currently lack the PAM software, controls and knowledgeable support required to put it into practice.

IBM delivers comprehensive PAM capabilities through enterprise-grade solutions: IBM Security Secret Server and IBM Security Privilege Manager. Backed by expert consultation and 24/7 support, IBM Secret Server and IBM Privilege Manager help you capitalize on everything PAM has to offer, while also integrating with identity governance solutions for complete lifecycle management for users of your privileged accounts.

A key part of securing your organization is ensuring you are integrating identity into the broader security ecosystem to mitigate internal and external threats. Two key parts of that are:

  1. Privileged Access Management – focused on the special requirements for managing powerful accounts within the IT infrastructure of an enterprise.
  2. Privileged Elevation and Delegation Management (PEDM) – which prevents external threats and stops malware and ransomware from exploiting applications by removing local administrative rights from endpoints.

This week we’ll take a look at why both are necessary for your organization.
Read more tomorrow!

1 Source: The Forrester Wave: Privileged Identity Management, Q4 2018 by Andras Cser, November 14, 2018

2 Source: Best Practices for Privileged Access Managed Through the Four Pillars of PAM, Gartner, January 28, 2019.

3 Source: Comply or Die: 2018 Global State of Privileged Access Management (PAM) Risk & Compliance, Thycotic.