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

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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!
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Our mission is to eliminate abuse of privilege in organizations around the world and build digital sovereignty. To achieve this, Senhasegura works against data theft through the traceability of privileged actions of human and machine identities on assets such as network devices, servers, databases, industry 4.0, and DevOps environments. Companies of various sizes and industries rely on Senhasegura to protect one of their most valuable assets: data. senhasegura is considered a Leader vendor by KuppingerCole in its 2023 Leadership Compass report and as Leaders in its 2022 report. We are the only PAM vendor with 5 stars on the Gartner Peer Insights Voice of the Customer report 2022. In the same portal, our customer reviews delivered a recommendation rate of 100%*, the highest among all PAM providers. In 2020, Senhasegura was recognized as a “Challenger” in the Gartner Magic Quadrant (MQ) report. In the same year, Gartner also ranked us among the top three PAM technologies in the world in its Critical Capabilities PAM report. In December 2020, we were named by GPTW as a Great Place to Work by our employees.