Cloud-Based Privileged Access Management
As organizations recognize the importance of privileged access management (PAM) to mitigate cybersecurity threats, many are moving their PAM solutions to the cloud. According to the Keeper Security Insight Report, 82% of respondents believe they would benefit from moving their on-premises PAM solution to the cloud. High costs and complexity of legacy on-premises PAM tools drive this shift.
Cloud-based PAM can minimize operational costs, eliminate upfront capital investments, and provide automatic updates, reducing the burden on IT teams. Additionally, cloud-based solutions offer enhanced security through advanced encryption, multi-factor authentication, and continuous monitoring. With 60% of organizations saying on-premises PAM hinders their goals, moving to the cloud is key.