What is one of the main functions of the Add Accounts permission?

One of the main functions of the Add Accounts permission is to enable users to add new accounts in the safe. This function is essential for maintaining the security posture of an organization, as it allows designated individuals to manage credentials actively. By having this permission, users can create new entries within the CyberArk Vault, ensuring that necessary accounts for applications, services, or systems can be stored securely and controlled effectively.

The ability to add accounts is crucial for ensuring that the organization can adapt to new requirements, integrate new systems, or adjust to changes within existing systems, thereby keeping the environment up-to-date with the appropriate credentials. This streamlines the process of secure access management, which is fundamentally important for any identity and access management framework.

The other options pertain to different aspects of account management that are important but do not directly relate to the primary function of adding new accounts. Viewing account history is focused on auditing and compliance, managing shared account settings deals with collaboration around account usage, and creating a backup of all accounts relates to data preservation rather than the creation of new secure entries.