Privileged Account Management (PAM) is a comprehensive security framework designed to protect, manage, and monitor privileged accounts that have access to an organization’s most sensitive systems and data. These accounts, such as those belonging to system administrators, developers, or IT personnel, have elevated permissions that can make them vulnerable targets for cyberattacks or misuse if not properly secured.
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At Concensus Technologies, PAM solutions cover multiple critical areas:
Access Control: PAM enforces strict control over who can access privileged accounts, applying the principle of least privilege. This ensures that only users with a legitimate need have access to sensitive systems, minimizing the potential attack surface.
Session Monitoring: Every activity performed within a privileged session is tracked and recorded, providing real-time visibility into actions such as system changes, data access, or configurations. Session monitoring helps detect unusual or malicious behavior and provides an audit trail for forensic analysis.
Credential Management: Privileged account credentials are often prime targets for attackers. PAM helps secure these by storing them in an encrypted vault, automatically rotating passwords to avoid reuse or hardcoding, and applying multi-factor authentication (MFA) to strengthen security.
Audit and Compliance: Organizations are subject to various regulations, such as HIPAA, PCI-DSS, GDPR, and SOX, which require detailed monitoring and reporting of privileged account usage. PAM solutions generate audit-ready reports, ensuring compliance with industry standards and reducing the risk of regulatory penalties.
Risk Reduction: By limiting access, monitoring usage, and securing credentials, PAM reduces the risks associated with both insider threats and external attacks. It also integrates with broader security architectures to ensure seamless protection of critical systems.
Concensus Technologies' PAM solutions provide organizations with the tools to not only secure privileged accounts but also automate compliance, enhance security posture, and maintain visibility over all elevated activities, ultimately reducing the risk of data breaches and operational disruptions.
