Cyber Notes Cast - How Does PAM Help Protect Against Ransomware Attacks

According to data extracted from a Cybersecurity Ventures‘ survey, ransomware costs will reach $20 billion next year. The survey also predicts this type of cyberattack will target corporations every 11 seconds. Ransomware consists of malware used by malicious agents to block their victims’ computers and then demand a ransom. This malware has evolved, going beyond encrypting data and causing the shutdown of operations in companies: ransomware such as Maze also causes the leak of sensitive information, endangering the credibility of a company and can generate great financial losses. The good news is that it is possible to prevent this threat by using Privileged Access Management (PAM), and this is the subject of this article. Keep reading our text to the end and learn everything about it! How to Prevent Ransomware Attacks with PAM. In this topic, we will show you how PAM helps prevent ransomware attacks. In practice, it allows to: Know and Manage Privileged Credentials. Use Protection Strategies Based on Zero Trust. Implement the Principle of Least Privilege. Enhance Security in Remote Access. Audit Actions Performed Through Privileged Credentials. Enjoy this Cyber Notes Cast episode!