PAM
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41% of organizations cited Privileged Access Management as the top differentiator in how underwriters viewed their insurability.
32.7% of security leaders pointed to not using a PAM (Privileged Access Management) solution as a common misstep in privileged access management
More than half (53%) of organisations that have implemented Privileged Access Management (PAM) reported improved protection of sensitive data.
94% of organisations now operate in hybrid or cloud-first environments.
In the U.S., the number of IT and security leaders with a PAM solution reporting a reduction in security incidents tied to privilege misuse was 53%.
PAM implementation complexity was cited as a top challenge by 44% of IT and security leaders globally.
Among non-PAM users, 8% still store credentials in spreadsheets.
13% of organisations audit privileged access only once a year or less
Globally, 49% of IT and security leaders with a PAM solution reported a reduction in security incidents tied to privilege misuse.
2.1% of teams at financial organizations have no visibility into how long it takes to revoke access to high-risk systems requiring elevated privileges after an employee exits or changes roles.
33.9% of teams at financial organizations use role-based access with limited audit trails for access to high-risk systems requiring elevated privileges.
35.3% of teams at financial organizations automate access to high-risk systems requiring elevated privileges with real-time logging.
30.7% of teams at financial organizations still rely on manual approval for access to high-risk systems requiring elevated privileges.
52% of teams at financial organizations manage 10–20 high-risk systems requiring elevated privileges.
31% of teams at financial organizations revoke access to high-risk systems requiring elevated privileges in hours, while 38% do it instantly.