To fully protect sensitive data, it is necessary that solutions need to be in place so that they secure both endpoints and privileged credentials.
Because of which monitoring and protection of privileged accounts have become crucial. To reduce the risk of cyber-attacks as well as to secure business, Privileged Access Management (PAM) solutions are important.ĭata breaches are mainly always the result of compromised endpoints as well as privileged credentials. Cybersecurity Ventures expects global cybercrime costs to grow by 15 percent per year over the next five years, reaching USD 10.5 trillion annually by 2025, up from USD 3 trillion in 2015.
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