How does PAM support compliance with AML regulations?

PAM (Privileged Access Management) supports compliance with anti-money laundering (AML) regulations in financial organizations by providing strict control and monitoring of privileged user access to sensitive data and systems. This helps in enforcing segregation of duties, ensuring that only authorized personnel have access to critical financial information, and maintaining detailed logs of all privileged activities for auditing and compliance purposes. PAM solutions also often include features like session recording, real-time alerts, workflow approvals, and integration with AML monitoring tools to enhance security and adherence to regulatory requirements.