Seven Risks of Not Having Privileged Access Management
According to Cobalt, the cost of cyber attacks is rising, with costs predicted to reach $15.63 trillion by 2029. This highlights the growing need for Privileged Access Management (PAM). Without a PAM solution, organizations face significant security and operational risks, including increased vulnerability to data breaches, insider threats, compliance failures and costly errors. Privileged accounts are prime targets for threat actors due to their elevated permissions and access to sensitive data.