Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

This blog has been adapted from an excerpted section of 1Password’s ebook: Why SSO is not enough for identity security. To read the complete ebook and learn more about the issues that SSO can’t cover, click here. Sign-on (SSO) solutions are designed to manage and secure access to applications. By integrating with a company’s identity provider (IdP), SSO allows users to authenticate to multiple applications via a single log-in.

According to Cobalt, the cost of cyber attacks is rising, with costs predicted to reach $15.63 trillion by 2029. This highlights the growing need for Privileged Access Management (PAM). Without a PAM solution, organizations face significant security and operational risks, including increased vulnerability to data breaches, insider threats, compliance failures and costly errors. Privileged accounts are prime targets for threat actors due to their elevated permissions and access to sensitive data.

Implementing a Privileged Access Management (PAM) solution can solve challenges like uncontrolled access to privileged accounts, insider threats, secret sprawl and lack of secure remote access. According to a recent EMA Research Report, 54% of organizations indicated they have granted privileged access on business systems to users who are not direct employees.

Keeper’s Endpoint Privilege Manager is an advanced Privileged Elevation and Delegation Management (PEDM) solution that provides secure, just-in-time privileged access across your endpoints, significantly reducing the threat of ransomware, insider threats and data breaches – all without sacrificing productivity or performance.

Your company should adopt a Privileged Access Management (PAM) solution to reduce security risks, prevent unauthorized access and gain more control over who can access sensitive data and systems. According to Keeper Security’s Insight Report on Cloud-Based Privileged Access Management, 88% of companies in the U.S. are seeking a cloud-based PAM solution to combat advanced cyber attacks.