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Modern Requirements and Solutions for Privileged Access Management (PAM)

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Enterprise Management Associates
Enterprise Management Associates

Eighty percent of organizations are affected by a privileged access policy violation each year, exposing the most sensitive business systems and data to misuse, damage, or piracy. These slides—based on the webinar hosted by leading IT research firm EMA—cover emerging challenges and solutions to enable privileged access management (PAM). Revealed in the presentation are key findings from EMA’s primary research on “Advancing PAM to Address Modern Business Requirements.”

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IT & DATA MANAGEMENT RESEARCH, INDUSTRY ANALYSIS & CONSULTING Modern Requirements and Solutions for Privileged Access Management (PAM) Steve Brasen Research Director Endpoint and Identity Management
IT & DATA MANAGEMENT RESEARCH, INDUSTRY ANALYSIS & CONSULTING Watch the On-Demand Webinar Slide 2 • Modern Requirements and Solutions for Privileged Access Management (PAM) On-Demand Webinar: https://info.enterprisemanagement.com/modern-requirements- and-solutions-for-privileged-access-management-webinar-ws • Check out upcoming webinars from EMA here: https://www.enterprisemanagement.com/freeResearch
IT & DATA MANAGEMENT RESEARCH, INDUSTRY ANALYSIS & CONSULTING Featured Speaker Steve Brasen, Research Director, EMA Steve's career at EMA follows 20+ years of “in-the-trenches” experience in IT systems support, engineering, and management for high-technology, telecommunications, and financial institutions. Steve's primary focus area at EMA is on endpoint management topics, including enterprise mobile management, client lifecycle management, desktop virtualization, and workspace management.
IT & DATA MANAGEMENT RESEARCH, INDUSTRY ANALYSIS & CONSULTING Modern Requirements and Solutions for Privileged Access Management (PAM) Steve Brasen Research Director Endpoint and Identity Management
IT & DATA MANAGEMENT RESEARCH, INDUSTRY ANALYSIS & CONSULTING Sponsored by… Slide 5 © 2021 Enterprise Management Associates, Inc.
IT & DATA MANAGEMENT RESEARCH, INDUSTRY ANALYSIS & CONSULTING Agenda Slide 6 © 2021 Enterprise Management Associates, Inc. • Evolving Requirements for Privileged Access • Research and Methodology • Business Usage of Privileged Access • Challenges to Securing Privileged Access • PAM Practices and Processes • Shared Privileged Accounts • Standing Privileged Accounts • Privileged Accounts on Endpoint Devices • Conclusions
IT & DATA MANAGEMENT RESEARCH, INDUSTRY ANALYSIS & CONSULTING Evolving Requirement for Privileged Access • Privileged access is essential to IT enablement, but poses the greatest risks to enterprise security • PAM processes were developed to ensure the responsible delegation and governance over privileged accounts and services • Traditional methods for managing privileged access are no longer sustainable Slide 7 © 2021 Enterprise Management Associates, Inc.
IT & DATA MANAGEMENT RESEARCH, INDUSTRY ANALYSIS & CONSULTING Evolving Requirement for Privileged Access Slide 8 © 2021 Enterprise Management Associates, Inc. Key components of a PAM strategy include: • Identification of privileged access users and accounts • Authorization and approval processes for granting privileged access • Restriction of activities that can be performed with privileged access • Limitation of duration of privileged access • Recording, alarming, and auditing of privileged access use
IT & DATA MANAGEMENT RESEARCH, INDUSTRY ANALYSIS & CONSULTING Research and Methodology EMA conducted primary, survey-based research of real-world enterprise experiences with managing and securing privileged access. Slide 9 © 2021 Enterprise Management Associates, Inc. Survey Demographics • 160 respondents • All respondents were from North America • Respondents were from a wide range of industry verticals and horizontals • Respondents were principally IT and security managers • All respondents were carefully vetted to ensure they were knowledgeable about their organization’s privileged access management requirements and solutions
IT & DATA MANAGEMENT RESEARCH, INDUSTRY ANALYSIS & CONSULTING Business Usage of Privileged Access Percentage of survey respondents indicating the types of users granted privileged access in their organization: Slide 10 © 2021 Enterprise Management Associates, Inc.
IT & DATA MANAGEMENT RESEARCH, INDUSTRY ANALYSIS & CONSULTING Business Usage of Privileged Access Percentage of respondents indicating on which resources their organization manages privileged access: Slide 11 © 2021 Enterprise Management Associates, Inc.
IT & DATA MANAGEMENT RESEARCH, INDUSTRY ANALYSIS & CONSULTING Challenges to Securing Privileged Access Percentage of respondents indicating privileged access policy violations that had occurred in their organization over the preceding year: Slide 12 © 2021 Enterprise Management Associates, Inc.
IT & DATA MANAGEMENT RESEARCH, INDUSTRY ANALYSIS & CONSULTING Challenges to Securing Privileged Access Percentage of survey respondents indicating consequences that directly occurred due to a violation of their organization’s privileged access management policies: Slide 13 © 2021 Enterprise Management Associates, Inc.
IT & DATA MANAGEMENT RESEARCH, INDUSTRY ANALYSIS & CONSULTING Challenges to Securing Privileged Access Percentage of survey respondents indicating the level of difficulty experienced with deployment processes for their organization’s current PAM solution: Slide 14 © 2021 Enterprise Management Associates, Inc.
IT & DATA MANAGEMENT RESEARCH, INDUSTRY ANALYSIS & CONSULTING PAM Practices and Processes Percentage of respondents indicating privileged access policies specifically defined in their organization: Slide 15 © 2021 Enterprise Management Associates, Inc.
IT & DATA MANAGEMENT RESEARCH, INDUSTRY ANALYSIS & CONSULTING PAM Practices and Processes Comparing the percentage of survey respondents indicating policy violations that occurred in their organization in the last year between those that restrict the time privileged access is authorized with those that do not: Slide 16 © 2021 Enterprise Management Associates, Inc.
IT & DATA MANAGEMENT RESEARCH, INDUSTRY ANALYSIS & CONSULTING Shared Privileged Accounts Comparing the average percentage of privileged access policy violations between organizations supporting shared privileged accounts and those that do not support shared privileged accounts: Slide 17 © 2021 Enterprise Management Associates, Inc.
IT & DATA MANAGEMENT RESEARCH, INDUSTRY ANALYSIS & CONSULTING Standing Privileged Accounts Slide 18 © 2021 Enterprise Management Associates, Inc. Comparing the percentage of survey respondents indicating they had experienced policy violations in the preceding year between those whose organizations support standing accounts and those whose do not:
IT & DATA MANAGEMENT RESEARCH, INDUSTRY ANALYSIS & CONSULTING Privileged Accounts on Endpoint Devices Comparing the average level of challenge in performing critical PAM tasks between survey responders from organizations that grant end users local admin rights to their personal workstation and those that do not: Slide 19 © 2021 Enterprise Management Associates, Inc.
IT & DATA MANAGEMENT RESEARCH, INDUSTRY ANALYSIS & CONSULTING Key Conclusions • The majority of businesses are at extreme risk of experiencing a significant security breach due to a lack of sufficient privileged access controls. • Organizations that adopt PAM solutions specifically designed to support least privileged access and just-in-time access have significantly lower security breach incident rates. • While concerns about implementation complexity were identified as the primary detractor from adoption of enterprise-class PAM solutions, organization that introduced comprehensive PAM platforms were indicated to substantially reduce day-to-day management efforts and related costs. Slide 20 © 2021 Enterprise Management Associates, Inc.
IT & DATA MANAGEMENT RESEARCH, INDUSTRY ANALYSIS & CONSULTING Questions? Slide 21 © 2020 Enterprise Management Associates, Inc. IT & DATA MANAGEMENT RESEARCH, INDUSTRY ANALYSIS & CONSULTING Get the report! http://bit.ly/3qAQJPO

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Modern Requirements and Solutions for Privileged Access Management (PAM)

  • 1. IT & DATA MANAGEMENT RESEARCH, INDUSTRY ANALYSIS & CONSULTING Modern Requirements and Solutions for Privileged Access Management (PAM) Steve Brasen Research Director Endpoint and Identity Management
  • 2. IT & DATA MANAGEMENT RESEARCH, INDUSTRY ANALYSIS & CONSULTING Watch the On-Demand Webinar Slide 2 • Modern Requirements and Solutions for Privileged Access Management (PAM) On-Demand Webinar: https://info.enterprisemanagement.com/modern-requirements- and-solutions-for-privileged-access-management-webinar-ws • Check out upcoming webinars from EMA here: https://www.enterprisemanagement.com/freeResearch
  • 3. IT & DATA MANAGEMENT RESEARCH, INDUSTRY ANALYSIS & CONSULTING Featured Speaker Steve Brasen, Research Director, EMA Steve's career at EMA follows 20+ years of “in-the-trenches” experience in IT systems support, engineering, and management for high-technology, telecommunications, and financial institutions. Steve's primary focus area at EMA is on endpoint management topics, including enterprise mobile management, client lifecycle management, desktop virtualization, and workspace management.
  • 4. IT & DATA MANAGEMENT RESEARCH, INDUSTRY ANALYSIS & CONSULTING Modern Requirements and Solutions for Privileged Access Management (PAM) Steve Brasen Research Director Endpoint and Identity Management
  • 5. IT & DATA MANAGEMENT RESEARCH, INDUSTRY ANALYSIS & CONSULTING Sponsored by… Slide 5 © 2021 Enterprise Management Associates, Inc.
  • 6. IT & DATA MANAGEMENT RESEARCH, INDUSTRY ANALYSIS & CONSULTING Agenda Slide 6 © 2021 Enterprise Management Associates, Inc. • Evolving Requirements for Privileged Access • Research and Methodology • Business Usage of Privileged Access • Challenges to Securing Privileged Access • PAM Practices and Processes • Shared Privileged Accounts • Standing Privileged Accounts • Privileged Accounts on Endpoint Devices • Conclusions
  • 7. IT & DATA MANAGEMENT RESEARCH, INDUSTRY ANALYSIS & CONSULTING Evolving Requirement for Privileged Access • Privileged access is essential to IT enablement, but poses the greatest risks to enterprise security • PAM processes were developed to ensure the responsible delegation and governance over privileged accounts and services • Traditional methods for managing privileged access are no longer sustainable Slide 7 © 2021 Enterprise Management Associates, Inc.
  • 8. IT & DATA MANAGEMENT RESEARCH, INDUSTRY ANALYSIS & CONSULTING Evolving Requirement for Privileged Access Slide 8 © 2021 Enterprise Management Associates, Inc. Key components of a PAM strategy include: • Identification of privileged access users and accounts • Authorization and approval processes for granting privileged access • Restriction of activities that can be performed with privileged access • Limitation of duration of privileged access • Recording, alarming, and auditing of privileged access use
  • 9. IT & DATA MANAGEMENT RESEARCH, INDUSTRY ANALYSIS & CONSULTING Research and Methodology EMA conducted primary, survey-based research of real-world enterprise experiences with managing and securing privileged access. Slide 9 © 2021 Enterprise Management Associates, Inc. Survey Demographics • 160 respondents • All respondents were from North America • Respondents were from a wide range of industry verticals and horizontals • Respondents were principally IT and security managers • All respondents were carefully vetted to ensure they were knowledgeable about their organization’s privileged access management requirements and solutions
  • 10. IT & DATA MANAGEMENT RESEARCH, INDUSTRY ANALYSIS & CONSULTING Business Usage of Privileged Access Percentage of survey respondents indicating the types of users granted privileged access in their organization: Slide 10 © 2021 Enterprise Management Associates, Inc.
  • 11. IT & DATA MANAGEMENT RESEARCH, INDUSTRY ANALYSIS & CONSULTING Business Usage of Privileged Access Percentage of respondents indicating on which resources their organization manages privileged access: Slide 11 © 2021 Enterprise Management Associates, Inc.
  • 12. IT & DATA MANAGEMENT RESEARCH, INDUSTRY ANALYSIS & CONSULTING Challenges to Securing Privileged Access Percentage of respondents indicating privileged access policy violations that had occurred in their organization over the preceding year: Slide 12 © 2021 Enterprise Management Associates, Inc.
  • 13. IT & DATA MANAGEMENT RESEARCH, INDUSTRY ANALYSIS & CONSULTING Challenges to Securing Privileged Access Percentage of survey respondents indicating consequences that directly occurred due to a violation of their organization’s privileged access management policies: Slide 13 © 2021 Enterprise Management Associates, Inc.
  • 14. IT & DATA MANAGEMENT RESEARCH, INDUSTRY ANALYSIS & CONSULTING Challenges to Securing Privileged Access Percentage of survey respondents indicating the level of difficulty experienced with deployment processes for their organization’s current PAM solution: Slide 14 © 2021 Enterprise Management Associates, Inc.
  • 15. IT & DATA MANAGEMENT RESEARCH, INDUSTRY ANALYSIS & CONSULTING PAM Practices and Processes Percentage of respondents indicating privileged access policies specifically defined in their organization: Slide 15 © 2021 Enterprise Management Associates, Inc.
  • 16. IT & DATA MANAGEMENT RESEARCH, INDUSTRY ANALYSIS & CONSULTING PAM Practices and Processes Comparing the percentage of survey respondents indicating policy violations that occurred in their organization in the last year between those that restrict the time privileged access is authorized with those that do not: Slide 16 © 2021 Enterprise Management Associates, Inc.
  • 17. IT & DATA MANAGEMENT RESEARCH, INDUSTRY ANALYSIS & CONSULTING Shared Privileged Accounts Comparing the average percentage of privileged access policy violations between organizations supporting shared privileged accounts and those that do not support shared privileged accounts: Slide 17 © 2021 Enterprise Management Associates, Inc.
  • 18. IT & DATA MANAGEMENT RESEARCH, INDUSTRY ANALYSIS & CONSULTING Standing Privileged Accounts Slide 18 © 2021 Enterprise Management Associates, Inc. Comparing the percentage of survey respondents indicating they had experienced policy violations in the preceding year between those whose organizations support standing accounts and those whose do not:
  • 19. IT & DATA MANAGEMENT RESEARCH, INDUSTRY ANALYSIS & CONSULTING Privileged Accounts on Endpoint Devices Comparing the average level of challenge in performing critical PAM tasks between survey responders from organizations that grant end users local admin rights to their personal workstation and those that do not: Slide 19 © 2021 Enterprise Management Associates, Inc.
  • 20. IT & DATA MANAGEMENT RESEARCH, INDUSTRY ANALYSIS & CONSULTING Key Conclusions • The majority of businesses are at extreme risk of experiencing a significant security breach due to a lack of sufficient privileged access controls. • Organizations that adopt PAM solutions specifically designed to support least privileged access and just-in-time access have significantly lower security breach incident rates. • While concerns about implementation complexity were identified as the primary detractor from adoption of enterprise-class PAM solutions, organization that introduced comprehensive PAM platforms were indicated to substantially reduce day-to-day management efforts and related costs. Slide 20 © 2021 Enterprise Management Associates, Inc.
  • 21. IT & DATA MANAGEMENT RESEARCH, INDUSTRY ANALYSIS & CONSULTING Questions? Slide 21 © 2020 Enterprise Management Associates, Inc. IT & DATA MANAGEMENT RESEARCH, INDUSTRY ANALYSIS & CONSULTING Get the report! http://bit.ly/3qAQJPO