What is the primary purpose of the CyberArk Application Identity Manager (AIM)?

The primary purpose of the CyberArk Application Identity Manager (AIM) is to provide seamless credential management for applications. AIM automates the process of securely managing application credentials, enabling applications to authenticate to various services without exposing sensitive information such as usernames and passwords. This automation reduces the risk associated with hard-coded credentials in application code and enhances security by ensuring that credentials are securely stored and rotated.

By allowing secure credential retrieval and management, AIM aids in meeting compliance requirements and reduces the operational burden on IT teams. This function is vital in environments where numerous applications need to access numerous services securely and efficiently, ensuring that security best practices are followed while maintaining operational efficiency.

Other options, such as granting system admin privileges, monitoring user activities, and managing email accounts, do not align with the primary focus of AIM. Thus, they do not accurately represent its core functionality. The emphasis of AIM is strictly on managing application identities and their credentials, making option B the clear and correct choice.