Keeper Security, the leading cybersecurity provider of zero-trust and zero-knowledge Privileged Access Management (PAM) software protecting passwords and passkeys, privileged accounts and endpoints, as well as secrets and remote connections, has officially published the results from its latest Insight Report i.e. “Securing Privileged Access: The Key to Modern Enterprise Defense.
Going by the available details, this particular study arrives on the scene bearing a particular focus on the motivations that seem to drive PAM adoption, the most common obstacles to deployment, and the features organizations typically consider as essential when it comes to securing access in today’s cybersecurity threat landscape.
To understand the significance of such a development, we ought to acknowledge how, once fully implemented, PAM delivers measurable benefits across an enterprise. These benefits are currently understood to include secure credential storage, zero-trust network access, seamless integrations and real-time monitoring built for cloud, and hybrid environments. Thanks to the given factors, organizations with PAM have reported better data protection, reduced cyber incidents, and stronger compliance.
“A robust security posture requires both the right systems and the right human behaviors,” said Darren Guccione, CEO and Co-founder of Keeper Security. “An organization will never be fully protected if users circumvent controls or skip essential reviews. That’s why insightful risk analysis and end-user education must be part of a successful PAM strategy.”
Talk about the given study a slightly deeper level, we begin from a piece of data, which claims that PAM can tread up a long distance to bolster security. This conclusion was reached upon after more than half (53%) of organizations went on to report improved protection of sensitive data with PAM.
Next up, the report revealed a decline in privilege misuse incidents. On a global level, 49% of respondents reported a reduction in security incidents tied to privilege misuse. If we talk about U.S., this number was even higher, at 53%.
Another finding worth a mention here relates to how implementation complexity was cited as a top challenge by 44% of respondents globally, emphasizing the need for user-friendly solutions which are simple to deploy. Beyond that, cultural and awareness gaps were also found to be highly evident.
Hold on, we still have a couple of bits left to unpack, considering we haven’t yet touched upon the fact that a staggering 94% of organizations now operate in hybrid or cloud-first environments. Hence, with this evolution of the underlying infrastructure, it is imperative for an enterprise to embrace adaptable PAM platforms.
Rounding up highlights would be a pointer stating that, despite all the tools in place, probability of human errors continues to persist at scale. You see, among non-PAM users, 8% still store credentials in spreadsheets, and 13% of organizations audit privileged access only once a year or less, leaving standing permissions unchecked for extended periods.
Among other things, we must consider the survey’s methodology, which had Keeper Security working in close collaboration with OnePoll to survey over 4,000 IT and security decision-makers at organizations with 250 or more employees across the United States, United Kingdom, France, Germany, Japan, Australia, New Zealand and Singapore.
Founded in 2011, Keeper Security’s rise up the ranks stems from its patented zero-trust and zero-knowledge privileged access management solution. The stated solution, in case you weren’t aware, is designed to unify enterprise password, secrets and connections management with zero-trust network access, and remote browser isolation, thus conceiving unparalleled visibility, security and control, while simultaneously ensuring compliance.
The company’s excellence in what it does can also be understood once you consider it is currently trusted by a host of Fortune 100 companies.
“Every system, whether in the cloud, on-premises or remote, is a potential entry point that necessitates adaptive and secure controls to defend against modern threats,” said Guccione. “Modern, zero-trust PAM doesn’t just mitigate risk; it enables organizations to shift from a reactive defense posture to proactive, pervasive control.”
