![]() According to IBM and the Ponemon Institute’s Cost of a Data Breach 2022 Report, organizations can expect to pay an average of $4.35 million in the aftermath of a breach. It helps organizations manage their risk and, in the event of a breach, defray the cost of incident response.Ĭyberattacks result in extensive costs and damage, from operational downtime and data loss to non-compliance, employer liability and lost revenue. What Is Cyber Insurance and Why Do Organizations Apply for It?Ĭyber insurance is a type of insurance that protects businesses against the disruption and costs of a cyberattack. In this blog, we’ll take a look at how organizations can satisfy common cyber insurance requirements with PAM, and the security benefits doing so offers. It’s important for organizations to be insured and mitigate the potential impact of a breach, and PAM is a critical part of any risk management strategy. Privileged Access Management (PAM) enables organizations to address core controls needed to qualify for many cyber insurance policies. Strengthen your organization with zero-trust security and policiesĪchieve industry compliance and audit reporting including SOX and FedRAMP Restrict secure access to authorized users with RBAC and policies Initiate secure remote access with RDP, SSH and other common protocols Manage and protect SSH keys and digital certificates across your tech stack Securely manage applications and services for users, teams and nodes ![]() ![]() Protect critical infrastructure, CI/CD pipelines and eliminate secret sprawlĪchieve visibility, control and security across the entire organization Securely share passwords and sensitive information with users and teamsĮnable passwordless authentication for fast, secure access to applications Seamlessly and quickly strengthen SAML-compliant IdPs, AD and LDAP Protect and manage your organization's passwords, metadata and files
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