Privileged Account Management (PAM) is critically important to effective cybersecurity. If privileged account credentials are compromised, an attacker could gain virtually unfettered access to IT resources. However, many organizations remain lax in their PAM practices. Default administrator credentials are left unchanged, users share credentials, and users are granted full admin rights when they don’t really need them.
Organizations that try to follow PAM best practices often rely on slow, manual processes. In a recent survey conducted by Dimensional Research, 36 percent of respondents said they use Excel spreadsheets to manage privileged accounts, and 18 percent said they use log books and other paper-based approaches. Not surprisingly, 88 percent reported challenges with managing privileged account passwords.
While 93 percent said they monitor privileged access, only 43 percent monitor all such access. In addition, 93 percent have a process for identifying users that have been granted greater privileges than they need, but only 14 percent use automated tools that continually evaluate and report on user entitlements.
CyberArk is helping to relieve the PAM burden with the latest release of its Privileged Account Security Solution. Version 10 features new capabilities that reduce risk by simplifying and automating PAM. The solution can easily scale to protect against privileged account exploitation anywhere — on-premises, in hybrid cloud environments and across DevOps workflows.
CyberArk Privileged Account Security Solution v10 delivers 10x improvement in time spent on privileged account-related tasks and reduces the time spent reviewing session recordings by 5x. The new user interface makes it easier to navigate workflows, visualize risk, monitor privileged activities, and comply with audit and policy requirements.
An expanded API strategy enables customers to integrate of the CyberArk Privileged Account Security Solution with existing security, operations and DevOps tools. New REST APIs empower IT operations to reduce the time it takes to onboard accounts by up to 90 percent, a critical capability for organizations that need to onboard thousands of accounts at a time.
The risks associated with privileged accounts are amplified in enterprises that are prioritizing cloud-first and mobile strategies. To address these threats, CyberArk has introduced new capabilities to:
Unprotected privileged credentials represent an attractive target for external attackers and malicious insiders. Let us show you how CyberArk Privileged Account Security Solution v10 can improve your PAM processes through automation, integration and advanced intelligence.
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