A financial services company has detected an unauthorized access attempt to their critical financial database using an administrative account. To mitigate this risk, which security measure should the company implement to ensure administrative account activities are monitored and controlled?
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Enforce Network Segmentation
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Deploy a Single Sign-On (SSO) solution
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Implement a Privileged Access Management (PAM) solution
The correct mitigation measure is the implementation of a Privileged Access Management (PAM) solution. PAM provides fine-grained control over administrative accounts, ensuring that their activities are logged, monitored, and subjected to additional security controls. This includes features like session recording, automated password rotation, and requiring dual approvals for sensitive actions. While other options may enhance security, PAM specifically addresses the control and monitoring of privileged accounts. Network segmentation, Multifactor Authentication (MFA), and Single Sign-On (SSO) are all useful security measures but do not specifically target the management and safeguarding of privileged accounts.
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What is Privileged Access Management (PAM)?
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How does session recording in PAM work?
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Why are features like automated password rotation important in PAM?