Gain Edge with Expert PAM Software Evaluation Tips
Evaluating Cost and Value
The cost of PAM software can vary significantly based on the complexity and size of your organization. While some solutions might seem expensive upfront, it's crucial to consider the long-term value they provide. For instance, reducing the risk of a data breach can save your organization millions in potential losses. According to IBM's Cost of a Data Breach Report 2023, the average cost of a data breach is $4.45 million1. Investing in a robust PAM solution can significantly mitigate this risk.