The majority of organizations are ill-prepared to protect themselves against privileged access abuse, the leading cyber-attack vector, according to Centrify and Techvangelism.
Seventy-nine percent of organizations do not have a mature approach to Privileged Access Management (PAM), yet 93% believe they are at least somewhat prepared against threats that involve privileged credentials.
This overconfidence and immaturity are underscored by 52% of organizations surveyed stating they do not use a password vault, indicating that the majority of companies are not taking even the simplest measures to reduce risk and secure access to sensitive data and critical infrastructure.
