Entra ID P2
The premium Entra licensing tier, adding Identity Protection, Privileged Identity Management, and access reviews.
P1 covers conditional access and the core policy engine. P2 adds risk-based capabilities: automatic detection of suspicious sign-ins, just-in-time elevation for administrative roles, and scheduled reviews of who holds what.
It is included in Microsoft 365 E5 and available in the Defender Suite add-on, which is usually the cheaper route if you also want the rest of the Defender stack.
Where this comes up
Entra ID P2 sits inside our identity and access work. If you are trying to work out what this means for your own environment rather than in the abstract, that is the page worth reading next, and a short call will get you a straight answer faster than either.