What is Privileged Access Management (PAM)?

Privileged Access Management (PAM) is a security strategy and technology solution focused on controlling, monitoring, and securing privileged access to critical assets within an organization. It involves managing user identities and access rights, implementing strong authentication methods (like multi-factor authentication), enforcing least privilege principles (granting users only the necessary access), and auditing privileged activities. PAM is used to prevent insider threats, external attacks targeting privileged credentials, and compliance violations by restricting unauthorized access to sensitive data and systems.