IT managers move their PAM solution to the cloud

PAM is a must-have, but on-premise solutions cause problems

PAM solutions provide extensive control over the activities of privileged users - protecting against unauthorized network access and mitigating insider threats. However, traditional PAM solutions are complex and expensive, making adoption difficult. According to a recent study by Keeper, 56 percent of IT leaders have attempted to implement a PAM solution, but have not completed the implementation. 92 percent of respondents cited excessive complexity as the main reason.

„Die Komplexität und hohen Kosten herkömmlicher On-Premise-PAM-Lösungen stellen IT- und Sicherheitsexperten vor grosse Herausforderungen“, sagt Craig Lurey, CTO und Mitbegründer von Keeper Security. „Die Sicherung des privilegierten Zugriffs auf Konten, die sensible Systeme und Daten schützen, ist jedoch entscheidend. Der Wechsel zu Cloud-basierten Lösungen, die einfacher zu implementieren sind, bietet eine effizientere und nahtlose Cybersecurity-Abdeckung, mit besseren Ergebnissen für die Sicherheit.“

Cloud-based solutions are the trend among IT managers

With the increased shift of enterprise applications to the cloud and the search for affordable, comprehensive solutions, users' tolerance for expensive, inconsistent security tools is decreasing. More than half (60 percent) of organizations with on-premises PAM solutions confirm that they are unable to achieve their goals. This is due in part to the fact that 85 percent of organizations require dedicated staff to manage and maintain their on-premises PAM solutions - an unreasonable expense in the face of tightening budgets.

On-premises solutions are both outdated and costly. The move to cloud-based PAM solutions, on the other hand, represents a strategic focus on the evolving security and budget requirements of today's organizations. This is reflected in the fact that 82 percent of respondents said they would be better off moving their on-premises PAM solution to the cloud; only 36 percent of IT leaders believe that an on-premises PAM solution makes sense, citing the current economic climate. As macroeconomic pressures could tempt companies to cut their security budgets, affordable and easy-to-maintain platforms are crucial.

Cloud-based solutions offer user-friendliness and increased security

In the wake of digital transformation and increasing cybersecurity threats, the need for robust PAM solutions is growing. Moving PAM to the cloud provides a higher level of security through advanced encryption, multi-factor authentication (MFA) and continuous monitoring.

The three most important advantages that respondents expect from a PAM solution are:

1. Protection against compromise of privileged credentials by external threat actors (58 percent)
2. Management and monitoring of privileged user access (58 percent)
3. Prevention of data breaches (48 percent)

Further advantages are:

• Aktualisierung des Zugriffs privilegierter Benutzer und Verhinderung einer „schleichenden Privilegierung“ (46 Prozent)
• Protection against accidental or intentional misuse of privileged access by company insiders (47 percent)
• Increasing visibility and awareness (43 percent)
• Prevention of phishing attacks (35 percent)

Cloud service providers invest heavily in securing their infrastructure to ensure a protected environment. Therefore, organizations should look for solutions based on a zero-trust and zero-knowledge architecture to ensure the highest level of security, privacy and control over their data. By using cloud-based PAM solutions, companies can strengthen their defenses at a time when privileged access management is essential.

Source: www.keepersecurity.com

This article originally appeared on m-q.ch - https://www.m-q.ch/de/it-leiter-verlegen-ihre-pam-loesung-in-die-cloud/