Thycotic Leads the Way for Cloud-based Privileged Access Management (2024)

FAQs

What is Thycotic privileged access management? ›

Thycotic enables you to discover, control, protect, and monitor privileged account access, and behavior, while minimizing privileged credential risk, limiting user privileges, and controlling applications on endpoints and servers.

With Thycotic One, one user account can be granted access to multiple Delinea products, such as Secret Server, Privilege Manager, DevOps Secrets Vault, and Account Lifecycle Manager. Thycotic One enables login integration using the OpenID Connect protocol, an industry standard single-sign-on method.

Privileged access management helps organizations make sure that that people have only the necessary levels of access to do their jobs. PAM also enables security teams to identify malicious activities linked to privilege abuse and take swift action to remediate risk.

Your PAM solution must have capabilities to support the policies you establish (e.g., automated password management and multifactor authentication) and administrators should have the ability to automate the process of creating, amending, and deleting accounts.

Cloud Privileged Access Management (PAM) is a security framework designed for safeguarding critical data in cloud environments.

Thycotic Agent: The core agent is responsible for all reporting and monitoring communication on the endpoint. It can be considered the managing agent, while the Application Control and Local Security Agents are the worker agents.

At a price starting at $5,000, this product is an excellent value for the money. The Thycotic Secret Server provides high functionality and high scalability at a reasonable starting price.

Thycotic is now Delinea

Thycotic Products, Resources, Support and Pricing can still be accessed via the links below: Thycotic Products: Account Lifecycle Manager.

What is the risk of privileged access management? ›

When a privileged user shares their credentials with another user, however well-trusted, it puts the account and the enterprise at risk. If users share credentials for even a few designated privileged accounts, it can lead to a massive data breach with lasting effects.

PAM helps regulated industries like those in healthcare and finance adhere to compliance requirements for managing account access and adopting least privilege access principles. By using privileged access management, you can reduce your risk in an audit and more easily prove compliance.

PAM provides administrators with the functionality, automation and reporting they need to manage privileged accounts. In addition, it supports the principle of least privilege as it allows for the necessary management and oversight to mitigate the risk of accounts that have capabilities beyond the standard user.

PAM setup and operation has four steps. Prepare: Identify which groups in your existing forest have significant privileges. Recreate these groups without members in the bastion forest. Protect: Set up lifecycle and authentication protection for when users request just-in-time administration.

Privileged access management (PAM) consists of the cybersecurity strategies and technologies for exerting control over the elevated (“privileged”) access and permissions for identities, users, accounts, processes, and systems across an IT environment.

Gartner defines privileged access management (PAM) as tools that administer or configure systems and applications to provide an elevated level of technical access through the management and protection of accounts, credentials and commands.

Thycotic is now Delinea

A privileged access management leader providing seamless security for modern, hybrid enterprises.

Privileged identity management (PIM) gives users the ability to control, manage, and monitor the access privileges that people have to crucial resources within an organization.