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It helps to manage and secure privileged credentials by enforcing strong password policies, regularly rotating passwords, and storing credentials in a secure and encrypted vault.
Managing a PAM system and the associated privileged accounts require dedicated administrative resources. Regular maintenance, policy updates, and user provisioning and deprovisioning can add to the administrative workload.
PAM helps reduce the risk of insider threats by enforcing strict access controls, providing granular permissions, and monitoring privileged user activities. It helps in our business alot.