What Is Privileged Access Management (PAM)?

Cybercriminals are always looking for an entry point into an organization, and privileged users offer attractive targets since their credentials give bad actors the proverbial “keys to the kingdom.” Gaining access to privileged accounts opens avenues for attackers to navigate an organization’s IT landscape and jump from system to system, accessing and exfiltrating critical information.

In fact, according to CrowdStrike research, 80% of data breaches stem from stolen or compromised credentials.1 Consequently, privileged access management (PAM) is a pivotal facet of an organization's cybersecurity. Let's dive in and explore the benefits of PAM and how businesses can effectively implement it.