The Difference Between Identity & Access Management and Privileged Access Management
We assume that most companies have had a breach into their IT system or will be breached within the next six months. Our assumption is based on the fact that cyber-attackers no longer need to hack into our systems – They Just Log In. Over 70% of data breaches in the last two years involve someone internal or external to the organization. Those “keys to the kingdom” are what the cyber-attackers are running after, so they can access systems with profitable data and leverage it to make quick profits.
Identity & Access Management and Privileged Access Management are often misunderstood as having similar features because they both deal with users, access, and roles. They also refer to safeguarding data by protecting who has access to the systems and what they are allowed to do on those systems. PAM and IAM are related to the same things – solutions to secure your sensitive assets. Although they have their similarities, they are actually quite different. The role of Privileged Access Management is to protect users with privileged access to sensitive data. Identity & Access Management takes care of business’ everyday users or customers, controlling the access and experience that those users are granted within an application. Now let’s dive in more on what the major differences are between the two.
Privileged Access Management – If you do not use privileged access management (PAM) tools yet, this is a must-project for 2021. Whether your IT infrastructure is running in the cloud, on-prem, or a hybrid environment, you must manage and secure the keys to the kingdom to reduce the risk of privileged credential misuse and potential cyber-attacks. Privileged Access Management refers to systems that securely manage the account of users who have specific permissions to confidential information and resources. Privileged accounts exist everywhere. These accounts are one of the most common forms of account access granted on an enterprise domain, allowing users to have administrative rights. There are many types of privileged accounts, and they can exist on-premises and in the cloud. They are very different from other accounts as they have elevated levels of permission, such as changing settings for large groups of employees. PAM is important for all companies that are growing or have a large IT system. CyberArk is the global leader in privileged access security, a critical layer of IT security to protect data, infrastructure, and assets across the enterprise, in the cloud, and throughout the DevOps pipeline. CyberArk delivers the industry’s most complete solution to reduce the risk created by privileged credentials and secrets. They are considered the leaders in Privileged Access Management globally, with having the most advanced technology on the market.
Identity Access Management – Identity and access management (IAM) defines and manages the roles and access privileges of individual network users and the circumstances in which users are granted or denied those privileges. IAM systems provide administrators with the tools and technologies to change a user’s role, track user activities, create reports on those activities, and enforce policies on an ongoing basis. IAM is super important to have in place as IT managers can control user access to critical information and systems. Insiders cause a growing number of breaches. IAM can limit the damage caused by malicious insiders by ensuring users only have access to the systems they work with and cannot escalate privileges without supervision. Systems used for IAM include single sign-on systems, two-factor authentication, multi-factor authentication, and privileged access management. IAM is a framework of business processes, policies, and technologies that facilitates the management of electronic or digital identities. Also, having internet security software will help shield your organization from various online threats and cyberattacks.
SEGMENTECH provides a wide range of services centered around Privileged Access Management and Identity & Access Management. A successful Privileged Access Management (PAM) Program requires proper planning, best practices-based design, and the best-executed deployment. SEGMENTECH’s Security staff have the experience and skills to build the right Privileged Access Management Program to fit your objectives, expected outcome, and budget. Our approach for PAM Programs goes beyond a simple vulnerability scan and technical cybersecurity solution. Contact us today to learn how we can assist you.