Privileged account passwords aren’t used only by people. They are also used by software applications that need to run scheduled tasks and services. Enterprise-class privileged account management solutions can give applications access to privileged accounts. This access is carefully controlled and logged. An audit trail is provided so you know exactly what application accessed a credential.
IT teams have a headache on their hands when they need to change privileged account passwords for security reasons because they must then update all applications using those passwords so the application doesn’t break. This manual process is time-consuming and error-prone. Privileged Account Management (PAM) software should be able to automatically update applications with the new password or use APIs to let the applications retrieve passwords dynamically.
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