Privileged Identity Management (PIM) is often dismissed as an exclusively tech priority; after all, making it easier to monitor and support changes within an IT environment has a direct effect on its efficiency and productivity.
However, the value of PIM spreads far wider than a single department. In large, established organizations, PIM plays an important role in making a company’s security, IT administration, auditing, and business agility more informed, involved, and alert.
Here’s a look at four business cases that support the value of PIM:
When it comes to security, most companies are concerned with thwarting would-be thieves and guarding valuable infrastructure and data against theft. Unfortunately, administrators and privileged users have unlimited control and access to your valuable data. If it’s lost, damaged, or divulged, you’re in trouble. Today, the threat is even larger because you have internal administrators, but also cloud, hosted, outsourced, and temporary administrators. PIM helps you minimize that exposure and perform user activity monitoring within your network.
Effective IT Administration
IT leaders strive to reduce the workload and help administrators do more meaningful things rather than just look for passwords and log files. As the number of privileged systems grows out of control, these labor challenges leave leaders striving to maintain operational efficiency. Automated PIM allows IT leaders to outsource the legwork without losing their aggressive reporting abilities.
IT leaders also strive to satisfy auditor requirements and prove they maintain rigorous levels of data and privilege monitoring and change control. PIM tools allow the administrator to perform the job without excessive preparation and stress for upcoming audits and reporting requirements.
The ultimate goal of any IT department is to support the company’s business objectives. Privileged Identity Management tools directly help a company improve its core business functionality by allowing business administrators to access critical information in a timely way. Executive team members don’t have to depend on administrators to find the password and instructions and “wait to death” to fulfill the request when an opportunity presents itself.
Every IT team uses many user IDs and passwords for managing servers, applications, and hardware devices. Privileged Identity Management tools allow these accounts to be easily accessible to all members of the IT team. Increased control, reporting, and updating leads to increased communication and efficiency, which naturally benefits the rest of the organization.