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Service accounts are accounts that are designated for use for a particular service or application and have elevated privileges. They should be used only for the function that they were created for. A service account will be created for each function for a particular service or application and that account should abide by the rule of least privilege as described by NIST.
Service accounts will be created and follow the naming conventions as established in The account should be stored in a University Controlled Password Manager, if available.
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