Privileged Identity Management
Privileged identity management is one of several equivalent terms that refers to privileged access management. This particular variant is somewhat misleading, because it suggests that it is the identities of privileged accounts that are being managed. In truth, it is access to existing accounts that is managed (for example, by randomizing and vaulting passwords and then controlling access to these accounts). The privileged access management products on the market today (2013) are not really designed to create, modify or delete privileged identities.