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Common Questions about Privileged Access Management (PAM) Solutions

by | Mar 14, 2022 | BLOG

With technology increasingly present in our lives, ensuring the security of your company’s information has become a must. The market offers numerous tools to prevent cyberattacks and control internal access to sensitive data. One of the most efficient solutions we have is Privileged Access Management – PAM.

See below some of the most common questions when looking for a practical and really efficient solution to protect your company:

What Are Privileged Accounts?

All the time, malicious people appear looking for flaws within the companies’ systems to gain access to confidential data. This threat can be both external and internal. Therefore, organizations are increasingly looking for solutions that are truly capable of protecting this information.

Privileged accounts are created to control access to this data. This access is usually restricted only to people who hold leadership positions (high-level management) and administrators in the IT area. Other employees can obtain this information with the authorization of the company.
Although it is extremely important, proper control often ends up being flawed. Because of that, there is this need to have a tool really capable of directing, tracking, and filtering these accesses. Among the most efficient, we have PAM solutions.

Why Should I Invest in a PAM Solution?

Lack of control over access to certain data within an enterprise can result in major disruptions, including loss of business continuity. Many adopted systems end up vulnerable due to a lack of effective supervision.

This lack of control leaves room for the leak of information, much of it sensitive, inside or outside the company. But after all, how to guarantee the privacy of these contents?

The PAM solutions turn out to be quite efficient in this case, as they use security strategies and technologies that, together, are capable of controlling privileged access.

Moreover, they restrict which users will be allowed to enter certain accounts, applications, devices, processes, and internal systems, and control them. This prevents external attacks, which can occur as a result of an employee’s lack of attention, or sharing of sensitive information within the company.

To better understand how this management is done, we made a post explaining everything about PAM solutions.
Are PAM Solutions Really Secure?

We often associate external attacks as our only risk. However, insider threats can also put an entire organization at risk.

They are not always associated only with the people who work in a company. In this list, we can also include service providers, such as consultants, third parties and suppliers, and even former employees, who may have access to its data even after leaving the company.

Improper access can result in damage caused intentionally or accidentally. No matter the reason, in all cases the consequences can be quite bad and even irreversible.

Therefore, it is common for people to have doubts whether a PAM solution is capable of filtering these people’s access. And the answer to that question is yes! It is so secure that they are recommended by cybersecurity experts. Gartner, for example, has chosen PAM as the number-1 security project for 2 years in a row.

When it comes to reducing risk within an organization, a PAM solution is considered one of the most efficient and indispensable. It is worth mentioning that it is always important to hire credible solutions from the market.

senhasegura, for example, offers really efficient solutions, which protect the customer from possible data theft, in addition to tracking the actions of administrators on networks, servers, databases, and devices. All of this is done in compliance with demanding global standards such as ISO 27001, PCI DSS, HIPAA, and Sarbanes-Oxley.

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How Does it Reduce Insider Threats? 

The PAM solution uses some features to mitigate insider and external threats. One is by protecting the credentials of your most confidential data in a central, secure vault to which few people (with permission) have access.

Privileged access can be limited so that only authorized people can consult personal customer data, trade secrets, ongoing negotiations, intellectual property, financial data, among others.

Privileged Access Management is able to direct which access each employee will have authorization. Thus, they will only be able to consult information relevant to their tasks. All of this will be controlled by the system, no matter if they are working in person or remotely.

In addition to internal data, in order to have greater control over protection against attacks, it is also possible to restrict access to external content on websites and applications that pose a certain type of threat to a company’s security.

Is It Possible to Protect My Passwords in The Cloud?

Yes. senhasegura is the only company in Brazil that offers a cloud-native password vault. The SaaS service protects your credentials, offers password rotation, auditing, and monitoring of these privileged accounts.

In this way, you minimize the duties of the security administrative department and allow the process to take place efficiently and at a lower cost. Therefore, it is ideal for small and medium-sized companies due to its advantages.

Is PAM The Same Thing As IAM?

No. Although both have the principle of controlling a company’s data, the two usually work in a complementary way, each with its own functionality.

In comparison, we can say that PAM is a little more elaborate. Identity and Access Management (IAM) is a tool used for administrators to easily manage users and legitimize access to certain company resources.

Despite that, this type of system has some gaps when it comes to privileged accounts. It is at this point that PAM becomes essential, as it works in a broader and more detailed way. This solution can inform you of everything that is being done, which sessions were started, and who is accessing certain information.

In short, a PAM solution controls everything related to this data within the company, managing to filter accessibility and ensure secure storage of all information.

Do you have any more questions on the subject? Get in touch with the senhasegura team, as we can help you find the ideal product for your needs.

Ensuring your company’s security does not have to be a concern anymore. We are sure of that, as we are experts when it comes to PAM Solution. Visit our website and learn more about all our products and services.

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