Privileged Access Management | Breaking Cybersecurity News | The Hacker News

For businesses, compliance with regulations can often appear to be restrictive, and costly and reduce the speed of business. It's still necessary to create an environment that protects not only internal data but also external constituents like partners and customers. Highly regulated industries, such as healthcare and finance, are often faced with a variety of regulations that vary by geography and can carry steep penalties and consequences for noncompliance. Most companies struggle to comply with regulations. In fact, Business Wire estimates that " 71% of companies could potentially fail a cyber audit , which often includes identity management aspects".   What are some key compliance challenges your business may face?  Errors and inconsistencies resulting from repetitive manual processes Complex, evolving regulations that make compliance challenging Siloed environments and processes, often involving incompatible tools, or processes that do not match execution Difficu...

Nowadays, managing who has privileged access to your most critical data and systems is more important than ever. Privileged access serves as the key to your organization's most sensitive assets, making it a high-value target for malicious actors. Any misstep in securing this access might lead to privilege abuse and serious data breaches. But it's not just about defending against cybercriminals; poor management of privileged access can also result in operational disruptions, costly downtime, and non-compliance with industry regulations. To truly master Privileged Access Management (PAM) , you need more than just basic controls in place. You need a proactive, multi-layered approach that reduces risks without slowing down your operations. Let's discuss what best practices you can use to secure your privileged accounts and stay one step ahead of potential threats. Why is privileged access management so important? Privileged access management is an essential pillar of a robust c...