Software for managing and controlling access to privileged accounts within an organisation is known as Privileged Access Management (PAM) software. System administrators, database administrators, and other users with elevated access privileges to crucial systems and data are some examples of these privileged accounts.
Password management, session recording and monitoring, access controls, and privileged user activity tracking are just a few of the features that PAM software typically offers. These features aid in making sure that only vetted users have access to crucial systems and data, and that their actions are recorded and watched over for compliance and security reasons.
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How Privileged Access Management (PAM) Software are useful for businesses?
Because it helps to reduce the risk of data breaches, cyberattacks, and other security incidents that may arise from unauthorised access to privileged accounts, PAM software is particularly beneficial for businesses. PAM software helps businesses stay in compliance with legal requirements, lower the risk of insider threats, and enhance overall security posture by providing centralised control and monitoring of privileged access.