Hewlett-Packard Enterprise (NYSE: HPE) recently partnered with CyberArk (NASDAQ: CYBR) to launch the HPE Privileged Account Management (PAM) Service, which will expand its HPE Managed Security Services portfolio by protecting internal accounts from hackers or disgruntled employees.
According to CyberArk, 80% of all targeted attacks exploit privileged accounts during the attack process. Research firm Gartner predicts that regulatory fines for organizations with deficient PAM controls could rise 40% by 2017.