What does the Master Policy allow an organization to do?

Prepare for the CyberArk PAS Administration Test. Use flashcards and multiple choice questions with explanations to boost your scores. Ensure success on your certification exam!

The Master Policy within CyberArk's Privileged Access Security framework is crucial because it serves as a foundational document that establishes the rules and standards for account management across the organization. By defining a baseline for account management, the Master Policy ensures that there is a consistent approach to how privileged accounts are created, used, monitored, and audited.

This standardization is vital as it helps enhance security and compliance by setting clear expectations and protocols. For example, the Master Policy may include guidelines on password complexity, account provisioning procedures, and limitations on access, which all ensure that privileged access is appropriately controlled and managed.

While tracking user activities and managing server hardware can be essential components of a security strategy, these functions fall outside the primary purpose of the Master Policy. The same applies to allocating storage space, which pertains more to resource management rather than the governance of privileged account management. The focus of the Master Policy is fundamentally centered on establishing how accounts should be handled to mitigate risks associated with privileged access.

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