PAM

Key Identity Security Strategies

Prioritising Risk, Investing in PAM, and Expanding Identity Perspectives

Published: 16 October 2024

 

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Strategies to Tackle Challenges

The Prioritisation

Comprehensive PAM

Broadening Perspective

The IT landscape faces an increasing number of threats due to technological advancements like automation, cloud migration, and AI-powered systems and tools. Acknowledging the role of identity in security is crucial for effective response and implementation of robust security measures. 

“Implementing PAM controls for business applications requires the same level of discovery and auto-onboarding than your Windows boxes. Most PAM vendors only offer a legacy and relatively expensive approach to that problem. In the near future, we anticipate witnessing an evolution of PAM market, with new vendors entering this sector and more flexible solutions”, stated Anthony Mornet, Founder & CEO at IAM Experts. 

Identity goes beyond individuals. It also includes various digital personas, software instances, and infrastructure components. Therefore, taking this broader perspective is essential for enhancing cybersecurity defences. 

PAM: Identity and Privileged Access Management

Privileged Access Management (PAM) is a subset of Identity Access Management (IAM) with a focus on additional security controls for users with elevated access levels. This sector is directly impacted by digital evolution and implementation of advanced systems. As projections indicate the PAM market’s rise to $7.7 billion by 2028, organisations must prioritise resilient cybersecurity solutions. 

These challenges make access reviews a burden, both operationally and strategically. But there’s a better way.

Strategies to Tackle Current Challenges

By adopting efficient security strategies and integrating PAM technologies, organisations can effectively address digital threats while maintaining a proactive posture. 

Prioritising a Risk-Based Access Approach

  • Identify high-risk access points 
  • Categorise access use cases 
  • Implement layered security measures 
  • Continuous monitoring and adjustment 
  • Investing in advanced PAM solutions 

Comprehensive Privileged Access Management

  • Adaptive authentication 
  • Privilege elevation controls 
  • Threat intelligence integration 

Broadening Perspective on Identity Management

  • Adopt digital personas 
  • Holistic identity governance 
  • Role-based identity management 
  • Continuous identity verification 

Together with our global partners, we address each organisation’s specific needs in identity security, providing complete support along the roadmap. Book a free workshop with our specialists at IAM Experts today to get your questions answered. 

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