KeeperPAM Report: Deployment During Economic Uncertainty
Published
on
August 17, 2023
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Written by
Timothy Jester
Research finds 91% IT leaders are better protected with PAM, but seek affordable solutions.
Keeper Security has released the second part of a series of Privileged Access Management (PAM) research, Privileged Access Management Survey: Deployment Amid Economic Uncertainty, to understand how IT leaders are approaching, deploying and streamlining their PAM solutions.
Keeper surveyed over 400 IT leaders globally, focusing on the impact of the global economic downturn on PAM deployments, and what IT leaders are prioritizing in PAM solutions given the current economic climate.
Legacy PAM Solutions Are Too Complex
Amid the economic downturn and layoffs happening at small businesses and Fortune 100 companies alike, it’s more critical than ever to have a PAM solution that is easy to use and cost-effective.
Some of our key findings include:
66% of IT leaders say they need a better PAM solution, but 58% don’t have one because it is too expensive.
62% of IT leaders say that the downturn in economic conditions will likely lead to them scale back their PAM solution.
59% say there is waste in their legacy PAM solution.
Keeper Security’s next-generation privileged access management solution offers the most used features of legacy PAM platforms, so that organizations utilize the entire platform rather than just a few features. This makes the platform fast and easy to deploy, significantly reducing upfront and operational costs.
EPM enables organizations to securely and easily manage, protect, discover, share and rotate credentials with full visibility and control to increase security and simplify auditing and compliance.
KSM eliminates secrets sprawl as a fully-managed, cloud-based solution to secure secrets such as API keys, database credentials, access keys and certificates.
KCM delivers an agentless remote desktop gateway for privileged session management, remote infrastructure access and secure remote database access to SSH keys, RDP, database and Kubernetes endpoints – all without a VPN.
Amid economic uncertainty, organizations cannot afford to cut back on the critical security measures that protect against devastating cyber attacks. As businesses face financial challenges, it is imperative to control and monitor access to privileged accounts to prevent data breaches and the financial repercussions that come with such incidents. KeeperPAM simply and affordably enhances operational efficiency and streamlines security, enabling organizations to focus on the task at hand– running their business– to safeguard their financial stability and reputation during challenging times.
Timothy Jester is the Senior Product Marketing Manager for Keeper Security, with more than 10 years of experience in consulting, cloud, security and identity marketing. Timothy now leads product marketing to apply Keeper’s award-winning technology to solve real world problems. Timothy holds a bachelor’s degree in Communication from Kennesaw State University.
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