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Home Technology Infrastructure & Platforms

IT leaders prefer moving on-premises PAM solution to the cloud 

FutureCIO Editors by FutureCIO Editors
December 13, 2023
Image by Gerd Altmann from Pixabay

Image by Gerd Altmann from Pixabay

IT and security leaders see the advantages of moving away from traditional, on-premises platforms according to Keeper Security’s Insight Report: Cloud-Based Privileged Access Management. 

The majority (82%) of IT leaders believe in the benefits of moving their on-premises Privileged Access Management (PAM) solution to the cloud. 

Only 36% of IT leaders believe in keeping on-premises PAM solutions in the current economic climate. 

Legacy on-prem PAM solutions 

A recent research from Keeper revealed that more than half (56%) of IT leaders were not able to fully implement a PAM solution because of complexity concerns (92%). 

Craig Lurey

“The complexity and high cost of legacy on-prem PAM solutions create challenges for today’s IT and security professionals,” said Craig Lurey, CTO and co-founder of Keeper Security. “Yet, securing privileged access to accounts that protect sensitive systems and data is critical. The shift toward cloud-based solutions, that are easier to deploy, provides more efficient and seamless cybersecurity coverage with better security outcomes."

Cloud-based solutions 

The top three benefits respondents seek in a PAM solution include protection against privileged credentials by external threat actors (58%), management and monitoring of privileged user access (58%), and prevention of data breaches (48%).

Other benefits include an update of privileged user access and prevention of “privilege creep” (46%), protection against accidental or deliberate misuse of privileged access by company insiders (47%), an increase of visibility and awareness (43%), and prevention of phishing attacks (35%).

Related:  Leveraging TX and CX for growth
Tags: cloud adoptionKeeper SecurityPrivileged Access Management
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