How to Prevent $4M Breaches with Unified IAM and PAM Defense

The identity security landscape has reached a critical tipping point. As AI-powered attack tools become readily available, attackers target identity credentials and privileged access with unprecedented sophistication and scale. Traditional fragmented security approaches are crumbling under the weight of automated threats that can simultaneously exploit both identity and privilege vulnerabilities.  According to EMA Research, the impact is devastating: 80% of organizations experience privileged access violations, with breaches averaging $4 million in costs. But these numbers only tell part of the story. AI-powered attack tools have fundamentally transformed both the speed and sophistication of threats. Attackers now leverage artificial intelligence to conduct automated and believable phishing attacks to gain entrance into an organization, create difficult-to-detect software that can deploy command and control (C2) backdoors, conduct reconnaissance, and scan for vulnerabilities. Often used in combination, malicious attackers leverage orphaned and dormant accounts to gain a foothold in an organization’s network or to move laterally or once they’ve gained access.   This fundamental shift demands a unified approach to identity and access management and privileged identity management that delivers automated, intelligent protection. Modern security requires dynamic credential management that puts the breaks on sophisticated AI-powered credential theft. Combining credential management with routine scans of integrated systems to identify orphaned and dormant accounts and automating just-in-time privileged access can stop malicious actors in their tracks. With the right tools, organizations can maintain comprehensive audit trails for forensic analysis while staying ahead of evolving threats. 

CPG Titan’s Unified Defense Saved €2.5M CAPEX: An Interactive Case Study 

The power of unified identity and privileged access management is best demonstrated through real-world results. Flora Food Group, a global Consumer Packaged Goods giant operating across 90 countries, achieved remarkable transformation through unified identity and access management combined with privileged identity management. Under the leadership of Cybersecurity Identity Manager Alet Ferreira, the UK-based organization: 

  • Transformed 16,000 orphaned accounts into €2.5M annual CAPEX savings 
  • Reduced access provisioning time from three weeks to hours 
  • Secured privileged access across global operations in just 12 weeks 

This success story demonstrates how unified identity and privileged access management delivers both enhanced protection against modern threats and measurable business value. 


This blog was originally published here.
 
About the Author: Bryan Christ is an IT professional with more than twenty years of industry experience. His fascination with technology started in the early 80’s with the Commodore VIC-20. He first published in 1991 and began his professional career a few years later. Along the way, he has worked for a number of high profile companies including Compaq, Hewlett-Packard, and MediaFire. Most of his career has been focused on open-source and software development opportunities with an emphasis on project management, team leadership, and executive oversight. After serving two years as a VCIO in the Greater Houston area, Bryan carried his skills to Bravura Security, where he focuses on security and access governance. In addition to his work with Bravura Security, he frequently contributes to several open-source projects and a number of SaaS related endeavors.
 
About the Company: Bravura Security is an industry leader, delivering best-in-class identity, privileged access, password, and passwordless products. Bravura Security software has helped Fortune 500 companies around the world protect their companies over the last two decades against increasing cybersecurity threats. The Bravura Security Fabric is a fully integrated solution of best-in-class products that manage identities, security entitlements, and credentials for both business users and privileged accounts, on-premises and in the cloud. Bravura Security is well known for high scalability, fault tolerance, pragmatic design, and low total cost of ownership (TCO). Bravura Security is recognized by customers and analysts for industry-leading customer service.
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