Final answer:
The statement 'Privileged Access Management grants global admin rights to individuals in your organization' is False. PAM is a security framework that controls access to sensitive resources and does not grant global admin rights.
Step-by-step explanation:
The statement 'Privileged Access Management grants global admin rights to individuals in your organization' is False. Privileged Access Management (PAM) is a security framework that aims to manage and control access to sensitive resources within an organization. Instead of granting global admin rights, PAM implements controls and restrictions on who can access and manage privileged accounts and systems. PAM helps reduce the risk of unauthorized access and potentially harmful actions.