Minority of Small and Medium Businesses Utilise Privileged Access Management

Technology
24 Jul 2023 • 11:49 AM MYT
CSA
CSA

Cybersecurity Asean News Portal

Keeper Security, the leading provider of zero-trust and zero-knowledge cybersecurity software protecting passwords, secrets and connections, highlights S&P Market Intelligence data showing that only 43% of SMBs have deployed privileged access management (PAM) PAM, compared to other leading security technologies like network, email and endpoint security and SIEM tools, which are all above 75% deployment. Most successful breaches involve stolen or compromised credentials that are used to escalate privileges and move laterally across a network, something that PAM is ideally suited to protect against, according to S&P Global research. However, PAM products have typically been extremely complex, expensive to deploy and maintain and extremely difficult to use, while also requiring substantial dedicated staff to operate – putting them out of reach for most smaller businesses.

“With the expansion of the attack surface due to remote and hybrid working, privileged access management is becoming increasingly critical. At the same time, the definition of a ‘privileged user’ needs to widen to address a broader range of employees – especially in small businesses, where access rights may be more pervasive,” said Darren Guccione, CEO and co-founder at Keeper Security. “However, SMB adoption of PAM is lagging due to traditionally high barriers of entry, which is making them low-hanging fruit for attackers. In order to bolster security, organizations should seek flexible, easy-to-use, cloud-based PAM solutions that are cost-effective and offer a full stack of IAM capabilities,” he continued.

As cloud-native PAM adapts to a ‘shift left’ world, the report highlights that it must also address a wider range of resources including Infrastructure as a Service, (IaaS), Platform as a Service (PaaS), containers, Kubernetes and serverless functions, infrastructure as code, etc. Consequently, PAM must support a wider range of users, all of whom have access to digital intellectual property and other confidential and sensitive company data.

Keeper Security’s next-generation KeeperPAM solution is specifically designed for perimeterless and multi-cloud environments without prohibitive costs or deployments associated with traditional PAM solutions. It addresses the need to achieve visibility, security, reporting and control across an entire organization, for every user, on every device, and from every location.

Newswav Malaysia Best News App

Newswav is an online content aggregator and obtains its content from different online sources. The content in the app do not belong to Newswav nor do they reflect the opinions of Newswav and its staff. Your use of this app indicates your understanding and acceptance of this information.

Newswav Sdn. Bhd. (201701008480 (1222645-M)) 2026 All Rights Reserved