How does PAM handle privileged access in digital payment systems to secure financial transactions?
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How does PAM handle privileged access in digital payment systems to secure financial transactions?
In digital payment systems, PAM (Privileged Access Management) plays a crucial role in securing financial transactions by managing and controlling the access of privileged users such as system administrators, developers, and IT staff. PAM solutions help enforce strict access controls, monitor privileged activities, and provide an audit trail of actions taken by privileged users. By implementing PAM, organizations can ensure that only authorized personnel have access to sensitive financial data and can prevent unauthorized access or misuse of privileged accounts.