CyberArk, the Identity Security firm, announced it was named a Leader in the 2022 Gartner® Magic Quadrant™ for Privileged Access Management. The firm was positioned both highest in ability to execute and furthest in completeness of vision for the fourth time in a row.
Why is CyberArk ahead of the pack?
According to the report, while core PAM (privileged access management) products continue to be vital security tools, shifting demand has brought new emphasis on the cloud, from SaaS delivery of PAM tools, to expanding the functionality for cloud security in PAM tools, including secrets management and CIEM (cloud infrastructure entitlement management).
Built for the dynamic enterprise, the CyberArk Identity Security Platform enables secure access for any identity and to the widest range of resources. Centered on intelligent privilege controls, the Platform addresses the broadest range of Identity Security requirements, all from a single admin portal with unified audit and continuous threat detection and response.
Helping clients enable Zero Trust by enforcing least privilege, CyberArk innovates across its self-hosted solutions and expanding SaaS portfolio of privileged access management, endpoint privilege security, secrets management and cloud privilege security offerings.
Recently, CyberArk announced Identity Security offerings that address client needs to secure an expanding range of identities that require privileged access, privileged elevation and access to an array of secrets. The offerings include CyberArk Secrets Hub, CyberArk Secure Cloud Access and Identity Security Intelligence, one of the Platform’s foundational shared services.
What were the executive’s thoughts on the report?
“Privileged access management must be at the core of Identity Security strategies in order for organizations to effectively drive down cybersecurity debt and securely and efficiently advance their digital business initiatives,” said Barak Feldman, senior vice president, CyberArk.
“We’ve built a tremendous foundation of trust with over 7,500 enterprise clients that rely on CyberArk as a long-term partner. The leading organizations leverage our expanded privileged access management solutions as part of our Identity Security Platform to protect a growing number of human and machine identities across hybrid and multi-cloud environments.”
“We are proud of our ability to consistently provide partners with the support, training and flexible purchase and implementation models they require to be successful, and secure.”
Additionally, CyberArk recently unveiled Privileged Access Manager Self-Hosted version 12.6 with credential management, session management and threat analytics enhancements and CyberArk Endpoint Privilege Manager for Linux. To download a complimentary copy of the 2022 Gartner Magic Quadrant for Privileged Access Management visit the website.