In a rapidly evolving cybersecurity landscape, organizations across all industries and sizes face an ever-growing array of sophisticated threats. Privileged accounts, in particular, have become prime targets for hackers, with nearly every major breach in recent years involving unauthorized access. Breaches caused by phishing and compromised credentials (the most common type of attack) cost an average of $4.76M and take almost 11 months to resolve. As cyberattacks continue to rise in frequency and complexity, the need for robust Privileged Access Management (PAM) solutions has never been more critical.
The crucial role of PAM
PAM plays a pivotal role in safeguarding sensitive systems, data and resources by effectively managing privileged accounts. Analysts predict a significant surge in PAM adoption rates over the next few years, driven by heightened awareness among security leaders, acknowledging the critical necessity of PAM solutions. Regulatory requirements, the rapid shift to cloud environments, blurred enterprise security perimeters and an overall surge in cyberattacks underscore the importance of implementing robust PAM solutions and contribute to the increasing adoption of PAM. Furthermore, 10% to 20% of Gartner clients evaluating PAM tools for the first time indicate that their cybersecurity insurance mandates the deployment of such tools.
Introducing One Identity Cloud PAM Essentials
In response to these escalating concerns, One Identity is proud to introduce One Identity Cloud PAM Essentials. This innovative Software as a Service (SaaS) offering is designed to revolutionize PAM by seamlessly integrating simplicity, security and compliance. PAM Essentials is poised to reshape secure access control and strengthen organizations against cyber threats.
PAM Essentials key benefits
- Provides protection against data breaches by controlling access to critical systems and sensitive information to reduce the risk of unauthorized access
- Ensures regulatory compliance by offering necessary controls and audit trails for privileged access to meet strict regulatory requirements, such as GDPR, HIPAA or PCI DSS
- Mitigates insider threats by restricting access to authorized individuals, minimizing the risk of internal abuse or data theft
- Manages and secures privileged credentials, ensuring their safe storage and management to prevent insecure sharing and unauthorized access
- Includes session monitoring and recording, logging all activities conducted with privileged accounts to aid in forensic analysis during security incidents
- Provides scalability and flexibility to adapt to evolving business needs and IT infrastructure changes without the hassle of managing on-premises infrastructure
- Minimizes management overhead for IT teams with regular updates, patches and maintenance handled by the service provider to ease the burden on internal resources
- Ensures quick implementation by offering a SaaS solution, allowing organizations to establish robust privileged access management without significant delays
- Promotes cost-efficiency by adopting a subscription-based model, reducing upfront costs and eliminating the need for substantial investments in hardware or dedicated personnel
What makes PAM Essentials different?
The unique cybersecurity needs of some organizations have often been overlooked, especially in the area of PAM. PAM Essentials stands out for its user-centric approach, adaptive authentication, and contextual policies, which redefine access control and alleviate the burden on smaller IT teams. By focusing on asset account discovery and robust security assessment techniques, PAM Essentials simplifies complexity and ensures effective cybersecurity defense even with limited resources. With centralized control and heightened visibility, organizations with limited IT staff can now bolster their cybersecurity defenses effectively.
Simplifying compliance and security
For organizations seeking cyber insurance and compliance, PAM Essentials' comprehensive session logs and management capabilities offer invaluable assistance. The solution not only enhances security but also aids in meeting regulatory requirements crucial for securing cyber insurance. One Identity PAM Essentials is not just a security tool but a comprehensive solution for achieving compliance and safeguarding sensitive data.
Continuous evolution in PAM
Beyond its initial release, PAM Essentials is committed to continuous improvements driven by user feedback, with a robust roadmap of feature refinements and enhanced performance directly benefiting organizations with limited IT resources. This continuous evolution ensures an intuitive and manageable solution that stays ahead of emerging threats, making it an ideal choice for enterprises striving to strengthen their cybersecurity posture.
Custom solutions for PAM
Designed with user experience enhancements specifically for organizations with a lean IT staff, PAM Essentials offers a custom solution that strengthens security while remaining user-friendly and streamlined. As validated by our Beta testers, the product not only ensures ease of use but also simplifies complex processes, making it remarkably straightforward.
Conclusion
One Identity Cloud PAM Essentials emerges as a game-changer in the Privileged Access Management landscape, offering tailored, user-friendly, and robust solutions to organizations facing resource constraints and heightened cybersecurity risks. As organizations navigate the complex cybersecurity landscape, PAM Essentials stands as a reliable ally, empowering them to strengthen security and streamline privileged access management with confidence.
Learn more about PAM Essentials.
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