Privileged Access Management has reached an inflection point. The vault-centric approach that dominated the last decade—storing credentials in secure repositories and rotating passwords—is giving way to a fundamentally different paradigm: zero standing privileges with just-in-time access and step-up authentication.
Modern Privileged Access Management solutions like BalkanID, Cyberark, ConductorOne, and Okta are built for fast-moving SaaS stacks, cloud infrastructure, and audit demands—going far beyond traditional credential vaulting.
Key Value Drivers:
The cybersecurity landscape has fundamentally shifted. Traditional PAM solutions, centered around credential vaulting and password rotation, are struggling to keep pace with modern attack vectors and operational demands. While legacy PAM focused on securing static credentials, today's organizations need visibility, automation, and risk-based access control.
Traditional PAM limitations include:
Modern PAM addresses these challenges through continuous access governance combined with just-in-time provisioning. Instead of relying solely on credential vaults, modern solutions provide intelligent access orchestration that adapts to risk signals and operational context.
BalkanID stands out by unifying Identity Governance and Privileged Access Management with sophisticated risk-aware access controls. The platform provides just-in-time privilege management that incorporates real-time risk signals and behavioral analytics.
ConductorOne delivers robust just-in-time access capabilities specifically designed for cloud and infrastructure environments. The platform excels in workflow-based access provisioning with self-service requests, smart auto-approval, and seamless integration with DevOps tools.
Key strengths include flexible approval policies tied to on-call schedules, risk-based insights for approvers, and native support for emergency break-glass scenarios. ConductorOne's architecture enables fine-grained provisioning for any permissions, roles, or resources, making it ideal for engineering-heavy environments requiring rapid, secure access to infrastructure.
Okta approaches PAM through its Workforce Identity Cloud integration, offering privileged access capabilities as part of a broader identity platform. The solution provides JIT access through workflows and customizable approval flows that integrate with existing Identity Governance capabilities.
Okta's strength lies in its extensive integration ecosystem and modular approach, allowing organizations to build PAM functionality on top of existing IAM infrastructure. The platform supports session recording, audit logging, and policy-based access controls, making it suitable for enterprises already invested in Okta's identity ecosystem who want to extend PAM capabilities.
CyberArk represents the evolution of vault-based PAM toward modern identity security, offering a comprehensive platform that bridges traditional credential management with emerging zero standing privilege capabilities. The platform provides advanced privileged credential management through its tamper-proof Digital Vault, automatically discovering and onboarding accounts across on-premises, multi-cloud, and OT/ICS environments.
Delinea Secret Server focuses on enterprise-grade password vaulting with robust automation and compliance capabilities. The platform excels in credential lifecycle management, providing automated password rotation, role-based access controls, and comprehensive discovery capabilities that identify service accounts across entire network infrastructures.
BeyondTrust delivers the most comprehensive traditional PAM platform, combining credential vaulting, privileged remote access, and endpoint privilege management in a unified solution. The platform's Total PASM (Privileged Access Security Management) approach provides end-to-end coverage for privileged access scenarios, from password management to remote support capabilities.
A comprehensive evaluation of Privileged Access Management solutions should cover strategic, technical, and operational dimensions. Below is an expanded checklist to guide CISOs through critical decision factors:
The privileged access management landscape is evolving rapidly, with clear trends toward automation, risk-based decisions, and zero standing privileges. Organizations should consider these strategic approaches:
The shift from traditional credential vaulting to intelligent access orchestration represents a fundamental evolution in privileged access management. Organizations that embrace this transformation will be better positioned to secure their critical assets while enabling the agility required for modern business operations.
BalkanID's unique approach to privileged access management combines risk-driven access control with comprehensive identity governance, providing security teams with the visibility and automation needed for modern threat landscapes. The platform's graph modeling capabilities and continuous compliance monitoring make it an ideal choice for organizations seeking both security and audit readiness in their PAM strategy.
Ready to transform your privileged access management? Discover how BalkanID's integrated approach can strengthen your security posture while streamlining compliance requirements.
BalkanID Lifecycle mangement Lite - https://www.balkan.id/solutions/lifecycle-management-lite
BalkanID Lifecycle Management- https://www.balkan.id/solutions/lifecycle-management
Note: The information and product comparisons provided in this document are based on publicly available data and vendor documentation as of September 2025. Sources include official product websites, user documentation, and industry reports. Features and pricing are subject to change. Organizations should verify details directly with vendors before making purchasing decisions.
Book a Demo with BalkanID today and see how effortless compliance can be.