Top 10 Privileged Access Management Tools

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In today’s digital age, securing sensitive information is more critical than ever. The global Privileged Access Management market is projected to grow from USD 2.9 billion in 2023 to USD 7.7 billion by 2028, reflecting a compound annual growth rate (CAGR) of 21.5%.

This surge underscores the increasing importance of PAM tools in protecting privileged accounts and sensitive data. As cyber threats become more sophisticated, organizations are turning to advanced PAM solutions to safeguard their critical assets.

In this article, we’ll explore the top 10 Privileged Access Management tools that are leading the charge in cybersecurity, offering robust features to help businesses protect their most valuable information.

How to Choose The Right Privileged Access Management Solution?

Assess Your Organization’s Needs: Identify the specific requirements of your business, such as the number of privileged accounts, types of systems to be secured, and whether you need cloud-based or on-premises deployment. This will help narrow down the options to those that best suit your environment.

Evaluate Scalability: Choose a PAM solution that can grow with your business. It should easily scale to accommodate an increasing number of users, systems, and devices as your organization expands.

Integration Capabilities: Ensure the PAM solution integrates seamlessly with your existing IT infrastructure, including security tools like SIEM systems, identity and access management platforms, and other enterprise applications.

Security Features: Look for advanced features such as session recording, password vaulting, real-time monitoring, risk-based authentication, and compliance reporting. These tools ensure that privileged access is controlled and monitored effectively.

Vendor Support and Compliance: Check for strong vendor support and regular updates. Additionally, ensure the solution helps you meet industry-specific compliance standards such as GDPR, HIPAA, or PCI-DSS, which are critical for data protection.

How Privileged Access Management Tools Works?

Centralized Control of Privileged Accounts: PAM tools provide a centralized platform to manage and control access to privileged accounts, ensuring only authorized users can access sensitive systems and data.

Credential Vaulting and Management: These tools securely store privileged credentials (like passwords, SSH keys, and API tokens) in a vault, automatically rotating passwords to reduce the risk of unauthorized access.

Session Monitoring and Recording: PAM solutions monitor and record all activities during privileged sessions, providing an audit trail that helps detect suspicious behavior and ensures compliance with security policies.

Least Privilege Enforcement: PAM tools enforce the principle of least privilege by granting users only the minimum level of access needed to perform their tasks, reducing the risk of misuse or data breaches.

Real-Time Alerts and Risk Management: PAM tools continuously monitor user actions and generate real-time alerts if unusual or unauthorized access patterns are detected, allowing for quick intervention and risk mitigation.

Top 10 Privileged Access Management Tools

1. Delinea

Top 10 Best Privilege Access Management Tools

Delinea presents a contemporary PAM solution that secures the access management of both cloud and on-premises systems under its former name Centrify. Delinea delivers a platform that enables scalable privilege access administration through its features for recording sessions safe password storage and privilege permissions controls. The solution from Delinea brings together successful interoperability between established IT legacy platforms and contemporary cloud-based systems.

The solution from Delinea restricts unauthorized system access by delivering user access control that targets critical systems. Organizations can detect vulnerabilities within their privileged access infrastructure thanks to the detailed analytics and reporting functions of the solution.

Top Features:

  • Unified Privileged Access Management
  • Session Recording and Monitoring
  • Least Privilege Enforcement
  • Password Vaulting and Rotation
  • Cloud and On-Premise Integration

Pricing: Contact for pricing details.

Website: www.delinea.com

2. One Identity Safeguard

Top 10 Best Privilege Access Management Tools

The advanced PAM tool One Identity Safeguard enables organizations to defend and track privileged access to IT systems networks and applications throughout the infrastructure. Password vaulting functions with session management and privilege escalation control operate through a single platform at Safeguard. One Identity Safeguard helps organizations comply with industry regulations through its facility to restrict access effectively at the system and resource levels.

One Identity Safeguard simplifies integration with other IT and security management tools which gives organizations complete visibility into their privileged account activities across systems. The platform is built with scalability in mind because it provides deployment options for on-premises and cloud environments.

Top Features:

  • Unified Password Vaulting and Session Management
  • Privilege Escalation Control
  • Compliance and Audit Reporting
  • Risk-Based Access Control
  • Integration with SIEM Tools

Pricing: Pricing is available upon request.

Website: www.oneidentity.com

3. IBM Security Privileged Identity Manager

Top 10 Best Privilege Access Management Tools

The enterprise-class PAM solution from IBM Security Privileged Identity Manager manages privileged credentials to build a defense against unauthorized access as well as enforces strict access rules and tracks user events. The tool manages credentials for both on-premises and cloud infrastructure through features that include automated password cycling and session playback as well as immediate audit capabilities.

This platform provides high scalability and accommodating features that address the needs of big companies with intricate IT systems. The integration of IBM Security Privileged Identity Manager with other IBM security solutions allows businesses to achieve a combined approach to cybersecurity and identity management systems. Extended reporting capabilities together with compliance functions let businesses fulfill different regulatory demands.

Top Features:

  • Password Management and Rotation
  • Session Recording and Monitoring
  • Risk-Based Access Control
  • Compliance Reporting
  • Integration with Other IBM Security Solutions

Pricing: Pricing is available upon request.

Website: www.ibm.com

4. ManageEngine PAM360

Top 10 Best Privilege Access Management Tools

Organizations of different sizes can use ManageEngine’s PAM360 as their complete Privileged Access Management tools. The tool provides users with three essential capabilities such as privileged account secure administration while offering session tracking and password storage functions. The user-friendly interface of PAM360 lets operators design policies with ease while running audits as well as fetching detailed logs about privileged account activities.

Through their integration capabilities, ManageEngine enables clients to create a coordinated security solution that unites multiple applications from outside vendors. Password rotation together with policy enforcement automation features in PAM360 reduces both administrative burdens and decreases the potential for human mistakes. Businesses seeking affordable PAM protection can rely on PAM360 as a cost-effective solution for better security measures.

Top Features:

  • Secure Vaulting for Privileged Credentials
  • Automated Password Rotation and Expiration
  • Session Recording and Monitoring
  • Role-Based Access Control (RBAC)
  • Integration with SIEM Solutions

Pricing: Custom pricing is available on request

Website: www.manageengine.com

5. Wallix Bastion

Top 10 Best Privilege Access Management Tools

The Wallix Bastion product serves as a PAM solution that establishes protection for IT systems by managing privileged access while conducting audit tasks. Through its central platform, Wallix Bastion helps organizations to regulate platform access for sensitive systems while tracking active transactions and managing security requirements. Wallix Bastion delivers maximum benefit for high-risk systems access where users can access tools like session recording and real-time monitoring coupled with user behavior analytics.

Wallix Bastion fits any existing IT infrastructure because it provides complete integration capabilities within on-premises and cloud-based systems. The centralized nature of Wallix Bastion enables organizations to implement regular security measures uniformly throughout different areas results in better compliance and make it an ideal solution for healthcare financial and governmental institutions.

Top Features:

  • Centralized Privileged Account Management
  • Session Recording and Monitoring
  • Real-Time User Behavior Analytics
  • Access Control and Policy Enforcement
  • Compliance Reporting

Pricing: Contact for pricing details.

Website: www.wallix.com

6. BeyondTrust Privileged Access Management

Top 10 Best Privilege Access Management Tools

BeyondTrust provides organizations with a robust PAM system that minimizes risks that stem from privileged account management. The solution from this company allows businesses to maintain uninterrupted privileged access management by implementing rules with active session monitoring for threat prevention. The secure vaulting system of BeyondTrust protects privileged credentials effectively while its session recording capability helps IT teams conduct investigations of suspicious activities.

The platform integrates smoothly into current IT systems so organizations can expand PAM strategies throughout their on-premise and cloud-based infrastructure. BeyondTrust provides simple automation features and centralized access control facilities that deliver scalable solutions that benefit both smaller organizations and larger corporations.

Top Features:

  • Secure Privileged Account Vaulting
  • Session Recording and Monitoring
  • Credential Rotation Automation
  • Endpoint Privilege Management
  • Cross-platform support (On-Premise and Cloud)

Pricing: Pricing is based on the number of endpoints and users, available upon request.

Website: www.beyondtrust.com

7. CyberArk Privileged Access Security Solution

Top 10 Best Privilege Access Management Tools

CyberArk stands among the top Privileged Access Management companies because it offers an extensive platform to secure elevated user accounts and secret passwords. Internal and external attacks against privileged access are prevented through the tool which controls authorized access to sensitive accounts combined with continuous monitoring. CyberArk provides an automated password management solution as well as password vault capabilities to decrease the vulnerability of administrator service accounts and their counterparts to unauthorized access attempts.

The solution from CyberArk works well with extensive enterprise networks that need to secure large numbers of privileged accounts. As a component of this system, real-time monitoring tracks user sessions while the solution implements risk-based authentication and generates auditable reports for compliance purposes. The cybersecurity platform CyberArk maintains a strict commitment to compliance standards so organizations can fulfill the requirements of GDPR, HIPAA, and PCI-DSS.

Top Features:

  • Privileged Account Discovery and Management
  • Real-Time Session Monitoring and Recording
  • Password Vaulting and Automatic Password Rotation
  • Risk-Based Authentication
  • Compliance Reporting and Auditing

Pricing: Pricing is available upon request; and tailored to enterprise needs.

Website: www.cyberark.com

8. StrongDM

Top 10 Best Privilege Access Management Tools

By consolidating access policy management and improving precision and efficiency when obtaining evidence for compliance reporting, StrongDM’s Zero Trust Privileged Access Management (PAM) platform supports Zero-Trust access beyond the limits of a conventional PAM system.

StrongDM makes it simple to manage permissions and give or revoke access—including just-in-time, single-use access—to any resource at any time from a single, secure platform, in contrast to other PAM suppliers.

Top Features:

  • Faster onboarding
  • Secure off-boarding
  • Automatically adopt security best practices

Pricing: Contact for pricing details.

Website: https://www.strongdm.com/

9. Fudo PAM

Top 10 Best Privilege Access Management Tools

The security tool Fudo PAM functions as an advanced Privileged Access Management tools that secures critical IT systems from unauthorized users. Fudo PAM stands out because its AI session monitoring system quickly shows real-time information about privileged account actions. Through its implementation of machine learning algorithms ,Fudo PAM detects behavioral anomalies of users so security teams will know when to intervene against active security threats. Organizations benefit from the user-friendly dashboard which enables session tracking combined with report creation as they simplify their access policy management and session monitoring.

Fudo PAM delivers whole access control capabilities that let IT administrators set clear rules for privilege user rights. The platform enables secure remote access so it is well-suited for organizations that need to support distributed teams. Fudo PAM improves governance together with reducing security risks while helping businesses meet industry standards and regulatory requirements through its robust compliance features.

Top Features:

  • AI-powered session monitoring and anomaly detection
  • Real-time security alerts and access tracking
  • Secure remote access and session recording
  • Compliance tracking with detailed reporting
  • Role-based access control for enhanced security

Pricing: Available on request

Website: https://www.fudosecurity.com

10. Okta ASA

Top 10 Best Privilege Access Management Tools

Cloud-native privileged access control for numerous servers throughout your multi-cloud infrastructure is provided by Okta’s Advanced Server Access (ASA). Organizations can adapt authentication and management processes to meet the requirements of their DevOps teams by utilizing Okta’s API. Project teams may also easily automate onboarding and offboarding using ASA, allowing businesses to boost productivity through a more efficient user experience.

Technically, Okta ASA distributes users to teams and uses role-based access controls (RBAC) to grant certain teams access to SSH and RDP servers rather than authenticating individual user credentials. Team provisioning lacks the granular control that many businesses seek in an enterprise PAM system, even while it can save time by eliminating individual credentials.

Top Features:

  • Integrates well with traditional PAM solutions and other Okta security tools
  • Automated onboarding and offboarding with team provisioning
  • Simplifies compliance with detailed audit logs
  • Works in any hybrid or multi-cloud environment

Pricing: Contact for pricing details.

Website: https://www.okta.com/

Conclusion

In conclusion, selecting the appropriate Privileged Access Management tools is essential for safeguarding the private data and systems of your company. Implementing a strong PAM solution that assists in managing privileged accounts, monitoring sessions, and enforcing stringent access controls is crucial given the rise in cyber threats. The features of the top ten PAM products that we’ve covered are tailored to various corporate settings and security requirements.

Regardless of the size of your company, choosing a PAM solution that fits your needs and security objectives will help protect your most important assets against cyberattacks and illegal access. You’ll have more control and visibility over your privileged access with the correct PAM technology in place, protecting your company in an increasingly digital world.

FAQ

Do PAM tools require constant monitoring?

While PAM tools automate many processes, such as credential management and session monitoring, ongoing oversight is recommended. Regular audits and real-time alerts can help ensure any suspicious or unauthorized activities are quickly identified and addressed.

Can PAM tools be integrated with other security solutions?

Yes, most PAM tools are designed to integrate with existing security infrastructure, such as Identity and Access Management (IAM) systems, Security Information and Event Management (SIEM) platforms, and other enterprise security tools. This integration ensures a more comprehensive and seamless security approach.

How much do PAM tools typically cost?

The cost of PAM tools can vary widely depending on the features, deployment type (cloud-based or on-premises), and the size of the organization. Many vendors offer customized pricing based on your specific needs, and some provide free trials or scaled-down versions for smaller organizations.

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