Why Do Businesses Need Privileged Access Management?

Business continuity services

IT businesses and organizations must comply with standard rules and regulations to protect data from unauthorized access by malicious parties. The consequences of misses in the compliance can be financial as well as business losses.

To overcome such threats to data integrity, there are access management tools and solutions available for both IT administrators and organizations.

Businesses often use many applications & systems to achieve IT compliance goals for critical business applications used by teams like HR, Payroll, Marketing etc. where each system has its own means for managing identities and access controls.

Privilege access management solutions includes using both hardware and software to manage identity-based access controls for all types of business applications and IT infrastructure systems. This includes common tasks such as managing user access accounts, passwords, and controlling access through groups/role-based access controls.

External threats and malware are specifically designed to look for access loopholes to penetrate into your organization and compromise with data integrity. In many cases, these threats are successful in accessing the superuser/admin credentials which makes their job easier to access confidential and business-critical data and applications.

A privileged user is someone who had the authorized access to critical business applications and other resources. For example, someone with permissions to email accounts of a MS exchange server can be referred as a privileged user which can be allowed to only trusted people. Only responsible persons can have the access to make any changes at the root level like changing system configurations, software installation, and manage user account for accessing data.

Why Privileged access management?

As discussed above, this keeps your business protected from accidental and intentional misuse of privileged access. There can be many privileged access persons in an organization with enterprise level IT infrastructure, thus making it more critical to manage the privileged access accounts.

The situation can be more vulnerable when admins have the access to override existing network and application security protocols and have the access to hide their actions using tools and options available in the system. In such situations, privilege access controls solve the internal threats by offering a secure and streamlines method of authorizing and managing privileged users for all critical applications and resources.

Some of the features of Privileged access management solutions are:

  1. Access to critical data provided only to trusted individuals and privileged access permissions can be managed centrally.
  2. Privileged access can be granted and revoked with instant effect at once from all the resources in the organization.
  3. Central management of complex and enterprise infrastructure application and resources.
  4. Privileged used can be assigned without allowing them access to local/admin system credentials.
  5. Helpful in generating IT compliance audit reports.

Privileged access management consists of below important components:

1. Password Vault:

The PAM solutions do not allow direct access to root/admin credentials for privileged access users thus preventing manual overrides on devices by maintaining a separate secure vault which can be accessed only after proper authentication of user.

2. Access Manager:

This allow enforcement of policies and access definitions from a single point. The access manager has a higher privilege level than other privileged access users thus making him a super admin of the system.

3. Session manager:

The task of the session manager is to track all the activities during a privileged session.

The privileged access management has many advantages over the traditional access management systems making it more easy and adoptable by existing businesses. Some of the benefits are listed below:

  1. Password vaulting feature for storing passwords in a digital location protected by encryption ensuring extremely limited access to administrator passwords.
  2. Password generators enables you to assign randomly generated complex password for critical resources and applications and generated reports for failed attempts of passwords.
  3. Access groups: Administrators can now grant targeted and separate access for more strict monitoring on activities of individual privileged access users.
  4. Automation support

Privileged access management allows configuration of automated alerts for failed passwords, password requests, and other transactions.

5. Emergency access

PAM also enables us to provide immediate administrators into applications without divulging passwords.

6. Multifactor authentication protocols

PAM uses multi-factor authentication when it receives a access request for any of the resources and makes the access system more secure and reliable.

7. Session Management

PAM assist in managing the complete workflow through automation of each approval step throughout the session duration.

8. Auditing and Reporting

PAM supports auditing and reporting for different activities in the environment including all tracked password requests, and transactions in each session.

Sibergen’s goal is to protect these entry points into your organization through privileged access control systems making the access easier for internal & authorized persons and extremely difficult for anyone else outside the authorized access permissions.

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