Details of privileged accounts represent a major prize for hackers because they unlock the access required to exploit virtually any part of an organization's network and data. Yet according to a new report many companies are failing to adequately protect them. The study by privileged account management (PAM) specialist Thycotic and research firm Cybersecurity Ventures benchmarked the PAM performance of more than 550 organizations and found that 52 percent received a failing grade. While 80 percent of respondents consider PAM security a high priority and 60 percent say that PAM security is required to demonstrate compliance with government regulations, the… [Continue Reading]
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