Nowadays data breaches are occurring to more and more enterprises around the world. Unfortunately the impacts of breaches are supposed to destroy the company’s reputation and to bring lots of financial losses.

The best way to avoid such hard situation is to have a strong security solution to detect and prevent attacks. What could be really helpful is Privileged Access Management (PAM). It provides the capabilities to detect data breaches and defend your organization against them.

Why companies need PAM?

Using a PAM solution helps you keep constant control and visibility over your company’s most critical data and systems. In this way it is protected against the accidental misuse of privileged access by streamlining the authorization and monitoring of privileged users.

Imagine a situation whenyour organization is growing. The bigger and more complex your organization’s IT systems get, the more privileged users you have listed. These include employees, contractors, remote or automated users, as well.  Then you start wondering what access has been granted and what users are actually doing. Consequently this complicated moment makes it difficult to understand security risks. What you need is to track the provision, management and retirement of these critical account entitlements. This is possible by the implementation of PAM solutions (including valuable vaulting, single sign-on and multi-factor authentication) to protect known privileged access credentials.

You’re in a big trouble if some of the admin users makes unauthorized system changes, access forbidden data, and then hide their actions. But PAM is able to solve this problem by offering a secure, streamlined way to authorize and monitor all privileged users for all relevant systems. Besides, it grants access only when it’s needed and revoke access when the need expires. It is also capable of creating an unalterable audit trail for any privileged operation.

The benefits PAM brings to business:

PAM supports simultaneous detection of user access throughout every company access point whether or not a request is being issued for the same area or a different part of the system. It manages and secures all access from a central location, as well. The other essential benefits refer to:

  • Automation: Switching from a purely manual privileged access management system to an automated solution lowers costs, boosts overall productivity, and optimizes security protocols.
  • Role-based access: PAM software offers a solution by including role-based access. The benefit in using this aspect is that there is no need to provide domain credentials to outsiders and access will be limited based on administrator map user roles.
  • Multifactor Authentication: PAM software meets this challenge by allowing for multi-factor authentication protocols (MAP) when a user requests access. All of the time and event based protocols are supported by PAM.
  • Auditing and Reporting: PAM provides recording and reporting for a variety of different activities including password requests, and session recording of transactions throughout your particular system. Besides, PAM software has the ability to provide hundreds of different reports including asset reports, compliance report, privilege reports, and vulnerability reports.

A few words about PATECCO’s Privileged Access Management:

PATECCO’s practice is to apply comprehensive approach byconsolidating identities creating a unified identity “persona” across all heterogeneous operating systems and environments. This improves reporting and reduces audit time and forensics investigations. It also links role-based control of user access to critical systems, applications, and services with specific user identities.  Its Privileged Access Management provides a scalable and comprehensive audit, and reporting solution for user activity on critical systems.