The Gartner 2020 Magic Quadrant for PAM is Here!

August 10, 2020 Marianne Budnik

Privileged Access Management

Today, we announced that CyberArk has been named a Leader in the Gartner 2020 Magic Quadrant for Privileged Access Management.1 CyberArk was positioned both highest in ability to execute and furthest in completeness of vision, for the second time in a row.

First and foremost, we want to thank our customers, partners and employees for being the foundation of our success. You are what motivates us, every day.

It’s our mission to continue to improve security for our more than 6,000 customers as they digitally transform their business. This is what drives CyberArk to constantly innovate and drive toward finding new ways to reduce risk for these global organizations – all while delivering a superior user experience focused on improving productivity and creating new efficiencies that move their businesses forward.

We know the world is operating in dramatically new ways, but what hasn’t changed is the attack pathway, which consistently targets businesses’ most valuable assets.

Organizations can’t stop attacks if they don’t secure privileged access everywhere: in the cloud, on endpoint devices, in applications, within automated processes, and throughout the DevOps pipeline. What’s more, the security of privileged access needs to encompass a company’s remote employees, as well as all its supply chain partners – as well as their home-based workers.

We are proud of our accomplishments over the past year, which include new just-in-time access capabilities that complement broader least privilege strategies; Alero, our SaaS-based  remote user solution that combines Zero Trust access and biometric multi-factor authentication; as well as delivering the industry’s broadest portfolio of SaaS-based solutions for privileged access management. I am especially excited about executing on our vision for Identity Security, which  starts with Zero Trust and uses artificial intelligence to understand context and intent. This approach will help organizations dramatically reduce risk, while providing a seamless user experience that securely enables the business and supports any device, application or user — regardless of role or location.

In addition to the Magic Quadrant, Gartner also published a companion report, “2020 Critical Capabilities for Privileged Access Management,”2 that states, “Gartner has identified PAM as a top 10 security control, and the market continues to grow at a double-digit rate.”

We at CyberArk believe it’s important to continue to emphasize the importance of PAM as critical to organizations’ cybersecurity strategies and strategic risk management initiatives. This is true, now, more than ever before.

To learn more, download the full Gartner 2020 Magic Quadrant for Privileged Access Management report here: https://www.cyberark.com/gartner-mq-pam/

  • Gartner, Magic Quadrant for Privileged Access Management, Felix Gaehtgens, Abhyuday Data, Michael Kelley, 4 August 2020
  • Gartner, Critical Capabilities for Privileged Access Management, Michael Kelley, Felix Gaehtgens, Abhyuday Data, 4 August 2020

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Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

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