CyberArk named a Leader in the 2023 Gartner Magic Quadrant for Privileged Access Management for the fifth time

Matt Cohen, Chief Executive Officer at CyberArk
Matt Cohen, Chief Executive Officer at CyberArk

CyberArk, the identity security firm, has been named a Leader in the 2023 Gartner® Magic Quadrant™ for Privileged Access Management. CyberArk is recognised in this report for the fifth consecutive time. CyberArk is the only vendor positioned as a Leader in both Gartner Magic Quadrant Privileged Access Management (PAM) and Access Management reports.

What does the recognition mean for CyberArk?

“We are extremely proud to be named a Leader by Gartner again. We believe this recognition underscores our commitment and track record of delivering continuous innovation to meet the evolving needs of our customers,” said Matt Cohen, Chief Executive Officer at CyberArk.

“In today’s business and threat environment, every identity is a target for attackers. This is why we continue to extend intelligent privilege controls to all identities – human and machine – while developing deep product integrations across our platform, giving security teams the operational control and visibility they need to secure identities across the enterprise.”

Why was CyberArk recognised by Gartner?

The CyberArk Identity Security Platform enables organisations across the globe to secure all identities – including workforce, IT, developer and non-human – against cyber threats with intelligent privilege controls. With CyberArk, customers have a single, unified platform for identity security that delivers operational efficiencies and faster return on investment (ROI).

Core to the platform are PAM solutions that secure standing, just-in-time and zero standing privileged access across hybrid and multi-cloud environments, and that improve secrets management to significantly reduce the #1 source of cyber risk: credential theft. CyberArk believes its consistent recognition is the result of its focus on core elements, including:

Continuous Innovation

CyberArk continues to build upon core strengths in PAM and innovation across its CyberArk PAM as-a-Service and self-hosted offerings. It has extended intelligent privilege controls across the entire identity lifecycle, for all identity types. Recent innovations address emerging use cases for secure, developer-friendly access to public cloud workloads and services.

New capabilities include just-in-time privileged access management and low-code and no-code automation workflows that enable automated identity orchestration. CyberArk Secrets Management, an essential part of PAM, is differentiated in its ability to allow firms to centrally secure, manage and rotate secrets used by the broadest range of application identities.

Earlier this year, CyberArk announced expanded secrets management capabilities, new AI-powered policy creation automation for improved endpoint privilege security and the ability for PAM administrators to broker, record and protect native privileged sessions in one-click.

Exceptional Customer Experience

CyberArk provides flexible, closely aligned sales, technical and deployment resources to help clients accelerate time to value. Over the past year, CyberArk introduced training programs and updates to the CyberArk Blueprint for Identity Security Success, in addition to ongoing access to resources like the CyberArk Technical Community and CyberArk Success Blog. According to Gartner Peer InsightsTM, CyberArk has a 91% “would recommend” rating.

High Performance and Delivery

CyberArk Security Services, together with its global partner network of channel, MSPs, global systems integrators and advisory firms, help many of enterprises design, deploy and optimise PAM and identity security programs. CyberArk continues to nurture strong and consistent growth among its partner community through expanded training and enablement programs.

Now, more than ever, CyberArk’s global ecosystem of C3 Alliance technology partners is critical to helping security teams consolidate and maximise investments to mitigate emerging risks and address evolving identity security challenges. To download a complimentary copy of the 2023 Gartner Magic Quadrant for Privileged Access Management please visit the website.