Large organizations face a complex set of security challenges that require innovative and scalable solutions. The increasing number of cyber threats and strict regulations have made sensitive data protection and privileged access management top priorities. Cyberattacks are becoming more frequent and sophisticated, with a focus on privileged credentials that provide access to critical systems and data. Multitenancy is one feature that effectively addresses these needs, and Kron PAM's multitenancy capability makes it distinct for large organizations.
According to a recent IBM survey, the average cost of a data breach in 2023 was $4.45 million, demonstrating the significant financial impact of security incidents. 74% of breaches involved human involvement, including social engineering attacks and the misuse of privileged credentials, according to the Verizon 2023 Data Breach Investigations Report. These statistics highlight the importance of comprehensive risk mitigation strategies and sensitive asset protection.
Furthermore, regulatory frameworks like GDPR, HIPAA, and SOX necessitate strict access controls and audit trails to ensure compliance. Non-compliance can result in significant fines and reputational harm, adding another layer of complexity for large organizations that manage multiple subsidiaries and departments.
Kron PAM is designed to meet the demanding security requirements of large organizations, offering a powerful multitenancy feature. This feature enables organizations to manage multiple subsidiaries from a single PAM installation, resulting in a centralized but isolated management environment for each.
Large organizations must implement advanced security measures to protect their privileged credentials and sensitive data in an era where cyber threats are constantly evolving. Kron PAM's multitenancy feature provides a strong solution by combining centralized management, isolated environments, and cost efficiency. Using this innovative feature, organizations can improve their security posture, streamline operations, and ensure compliance across all subsidiaries and departments.
Kron PAM's multitenancy feature is a strategic investment for large organizations looking to strengthen their cybersecurity defenses while keeping operations running smoothly. Embracing multitenancy not only addresses immediate security concerns, but also positions organizations for future growth and challenges in the digital age. Large organizations can confidently navigate the complexities of modern cybersecurity with Kron PAM, ensuring the protection of critical assets and the resilience of operations.
To learn more about Kron PAM, visit this page and take the first step in securing your dijital assets. Contact us to schedule a demo and see how our PAM solution can benefit your organization. Protect your organisations today with Kron PAM.