{"id":2453,"date":"2018-03-14T11:25:44","date_gmt":"2018-03-14T15:25:44","guid":{"rendered":"https:\/\/solutionsreview.com\/identity-management\/?p=2453"},"modified":"2018-03-14T11:25:44","modified_gmt":"2018-03-14T15:25:44","slug":"thycotic-releases-2018-global-state-privileged-access-management-pam-risk-compliance","status":"publish","type":"post","link":"https:\/\/solutionsreview.com\/identity-management\/thycotic-releases-2018-global-state-privileged-access-management-pam-risk-compliance\/","title":{"rendered":"Thycotic Releases &#8220;2018 Global State of Privileged Access Management (PAM) Risk and Compliance&#8221;"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-2454\" src=\"https:\/\/solutionsreview.com\/identity-management\/files\/2018\/03\/thycotic-mod.jpg\" alt=\"thycotic privileged access accounts report best practices \" width=\"800\" height=\"400\" srcset=\"https:\/\/solutionsreview.com\/identity-management\/files\/2018\/03\/thycotic-mod.jpg 800w, https:\/\/solutionsreview.com\/identity-management\/files\/2018\/03\/thycotic-mod-300x150.jpg 300w, https:\/\/solutionsreview.com\/identity-management\/files\/2018\/03\/thycotic-mod-768x384.jpg 768w, https:\/\/solutionsreview.com\/identity-management\/files\/2018\/03\/thycotic-mod-540x270.jpg 540w, https:\/\/solutionsreview.com\/identity-management\/files\/2018\/03\/thycotic-mod-162x81.jpg 162w, https:\/\/solutionsreview.com\/identity-management\/files\/2018\/03\/thycotic-mod-360x180.jpg 360w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">Yesterday, identity and privileged access management solution provider Thycotic released their &#8220;2018 Global State of <\/span><a href=\"https:\/\/solutionsreview.com\/identity-management\/5-key-capabilities-consider-evaluating-privileged-access-management-pam-solutions\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">Privileged Access Management (PAM)<\/span><\/a><span style=\"font-weight: 400\"> Risk &amp; Compliance&#8221; executive report. The report is a global study of how enterprises handle and secure their privileged access accounts, as well as their failings in fully complying with PAM best practices. PAM is a serious concern for cybersecurity experts. Privileged access accounts are a highly desired and lucrative target for cybercriminals, as they can use them to access enterprise finances and valuable data such as intellectual property or consumer identity information. \u00a0<\/span><\/p>\n<div class=\"widget\"><div class=\"aside-card\">\t\t\t<div class=\"textwidget\"><p><a class=\"iam-inject\" href=\"https:\/\/suggestionengine.solutionsreview.com\/buyer\/signup\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-1682\" title=\"\" src=\"https:\/\/solutionsreview.com\/identity-management\/files\/2021\/02\/Identity_Suggestion_Engine_Horiz_800.gif\" alt=\"IAM Solution Suggestion Engine\" width=\"800\" height=\"100\" \/><\/a><\/p>\n<\/div>\n\t\t<\/div><\/div>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">Some of Thycotic\u2019s findings indicate grounds for optimism: 80% of enterprises surveyed consider PAM an essential security concern. Granted, 60% of enterprises admit they need PAM to comply with governmental or industry regulations, so they do have a tangible incentive to protect their privileged access accounts. But that isn\u2019t an issue for Thycotic: having this push is encouraging enterprises to embrace better PAM security practices. What worries Thycotic is that these incentives aren\u2019t pushing enterprises far enough. <\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">Thycotic\u2019s report discovered: <\/span><\/p>\n<ul style=\"text-align: justify\">\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">62% of enterprises fail to provision for privileged access accounts. <\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">51% fail to enact secure logins for privileged access accounts. <\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">73% don\u2019t remove default or test accounts on their applications before they go into production. <\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">70% of enterprises fail to discover all of the privileged access accounts in their networks<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">40% never look for all their privileged accounts. \u00a0<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">55% fail to revoke permissions after a privileged employee is removed. <\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">63% don\u2019t have security alerts in place for failed privileged access account login attempts. <\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">Not following best practices in securing privileged access accounts can leave enterprises vulnerable not only to failed governmental audits but also to undetected by devastating <\/span><a href=\"https:\/\/solutionsreview.com\/identity-management\/numbers-average-data-breach-costs\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">data breaches<\/span><\/a><span style=\"font-weight: 400\">. Thycotic recommends that enterprises audit privileged accounts (with the audit logs under heavy security themselves to prevent tampering), strictly control third-party contractor access, and automate account lifecycles. <\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">You can download the full report <\/span><a href=\"https:\/\/thycotic.com\/resources\/2018-global-state-of-pam-compliance\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">here.<\/span><\/a><\/p>\n<div class=\"widget\"><div class=\"aside-card\">\t\t\t<div class=\"textwidget\"><p><a class=\"iam-inject\" href=\"https:\/\/solutionsreview.com\/identity-management\/get-a-free-privilieged-access-management-solutions-buyers-guide\/\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-1682\" title=\"\" src=\"https:\/\/solutionsreview.com\/identity-management\/files\/2020\/01\/PAM_BG_SB_800.gif\" alt=\"Download Link to Privileged Access Management Buyer's Guide\" width=\"800\" height=\"100\" \/><\/a><\/p>\n<\/div>\n\t\t<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Yesterday, identity and privileged access management solution provider Thycotic released their &#8220;2018 Global State of Privileged Access Management (PAM) Risk &amp; Compliance&#8221; executive report. The report is a global study of how enterprises handle and secure their privileged access accounts, as well as their failings in fully complying with PAM best practices. PAM is a [&hellip;]<\/p>\n","protected":false},"author":41,"featured_media":2454,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[6],"tags":[142,16,112,124,123,90,25,89],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Thycotic Releases Report on Privileged Access Accounts<\/title>\n<meta name=\"description\" content=\"The report is a global study of how enterprises handle and secure their privileged access accounts, and failings in fully complying with best practices.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/solutionsreview.com\/identity-management\/thycotic-releases-2018-global-state-privileged-access-management-pam-risk-compliance\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ben Canner\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/solutionsreview.com\/identity-management\/thycotic-releases-2018-global-state-privileged-access-management-pam-risk-compliance\/\",\"url\":\"https:\/\/solutionsreview.com\/identity-management\/thycotic-releases-2018-global-state-privileged-access-management-pam-risk-compliance\/\",\"name\":\"Thycotic Releases Report on Privileged Access Accounts\",\"isPartOf\":{\"@id\":\"https:\/\/solutionsreview.com\/identity-management\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/solutionsreview.com\/identity-management\/thycotic-releases-2018-global-state-privileged-access-management-pam-risk-compliance\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/solutionsreview.com\/identity-management\/thycotic-releases-2018-global-state-privileged-access-management-pam-risk-compliance\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/solutionsreview.com\/identity-management\/files\/2018\/03\/thycotic-mod.jpg\",\"datePublished\":\"2018-03-14T15:25:44+00:00\",\"dateModified\":\"2018-03-14T15:25:44+00:00\",\"author\":{\"@id\":\"https:\/\/solutionsreview.com\/identity-management\/#\/schema\/person\/357f925262827fcf840b4341920a1541\"},\"description\":\"The report is a global study of how enterprises handle and secure their privileged access accounts, and failings in fully complying with best practices.\",\"breadcrumb\":{\"@id\":\"https:\/\/solutionsreview.com\/identity-management\/thycotic-releases-2018-global-state-privileged-access-management-pam-risk-compliance\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/solutionsreview.com\/identity-management\/thycotic-releases-2018-global-state-privileged-access-management-pam-risk-compliance\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/solutionsreview.com\/identity-management\/thycotic-releases-2018-global-state-privileged-access-management-pam-risk-compliance\/#primaryimage\",\"url\":\"https:\/\/solutionsreview.com\/identity-management\/files\/2018\/03\/thycotic-mod.jpg\",\"contentUrl\":\"https:\/\/solutionsreview.com\/identity-management\/files\/2018\/03\/thycotic-mod.jpg\",\"width\":800,\"height\":400,\"caption\":\"thycotic privileged access management 2020\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/solutionsreview.com\/identity-management\/thycotic-releases-2018-global-state-privileged-access-management-pam-risk-compliance\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/solutionsreview.com\/identity-management\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Thycotic Releases &#8220;2018 Global State of Privileged Access Management (PAM) Risk and Compliance&#8221;\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/solutionsreview.com\/identity-management\/#website\",\"url\":\"https:\/\/solutionsreview.com\/identity-management\/\",\"name\":\"Best Identity Access Management (IAM) Software, Tools, Vendors, Solutions, &amp; 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