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PAM means, “privileged access management” is a term used to designate special access or abilities above and beyond that of a standard user. Privileged Access Management, also called Privileged Identity Management, enables organizations to protect their privileged credentials. In addition, PAM also ensures the effectiveness of least privilege policies by reducing attack vectors and possible data leaks.
To better understand PAM's definition, or privileged access management definition, we need to understand what privileged access or credential is. Privileged access is one of the most sensitive aspects of IT. Through privileged credentials, significant changes can be made to devices and applications installed on an infrastructure, which in many cases can affect business continuity. The impact of using them in a malicious way can cause serious damage, from violations of compliance items, which can lead to heavy penalties, to security incidents – which result in reduced trust by the interested parties and lost revenue.
Gartner believes that a PAM solution helps organizations securely provide privileged access to critical assets and meet compliance requirements by managing and monitoring privileged access and accounts. Basically, a PAM solution works as a secure credential repository for devices installed in the environment. Based on the management of user privileges, one can allow users to access only the data required for them to perform their activities. Thus, the Security team can configure user access profiles, avoiding improper access to systems and data.