Stopping Cyber Threats with Unstoppable Innovation

July 26, 2021 Mike O’Malley

Stopping Cyber Threats with Unstoppable Innovation

Several powerful and unforeseen market forces are driving the need for new, innovative approaches to combat evolving cyber threats. Central to achieving this critical mission is securing privileged access — the common thread woven across all of today’s most devastating attacks.

According to Gartner, “Privileged Access Management (PAM) continues to be a top-ten security control, and recent highly visible cybersecurity incidents in the news have demonstrated that the impact of breaches are not just online, but have spilled into the physical world. As such, PAM tools are crucial for mitigating these risks.”1

The pandemic dramatically accelerated the rate of change organizations experienced, with many fundamentally transforming the way they do business — from the inside out. This is evidenced in the widespread migration of workloads from self-hosted data centers to third-party hosted public clouds, and rapid rise in “born-in-the-cloud” enterprises. In these hybrid and multi-cloud IaaS environments, the very nature of privileged access risk has changed, driving many organizations to seek new ways to secure permissions and entitlements for human and machine identities to access critical cloud resources — and many industry players to include such solutions in their future product roadmaps.

Today, CyberArk is the only vendor to offer a cloud infrastructure entitlements management (CIEM) solution within its Privileged Access Management portfolio. CyberArk Cloud Entitlements Manager is an AI-powered SaaS solution that delivers measurable risk reduction by implementing least privilege across cloud environments.

The shift to DevOps and recent surge in digital supply chain attacks has led to new requirements for advanced Privileged Access Management solutions. There’s a critical need to secure the development pipeline as well as build time and run environments without burdening software developers. On this front, we continue to deliver security at the speed of innovation.

CyberArk received the highest score for the “Secrets Management” use case in the “2021 Gartner® Critical Capabilities for Privileged Access Management report.”2 Our DevOps secrets management solutions enable applications and automation tools to securely access sensitive resources at scale. We continue to focus on DevSecOps and developer enablement, further expanding our robust integrations with DevOps tools and support for complex use cases.

Our Commitment to Continuous Innovation and Passion for Security Excellence

Innovation is in our DNA at CyberArk, and we’re significantly investing in product evolution while reimagining how we engage with and support our customers as they face increasingly complex business challenges and cyber threats.

From our transition to a subscription business model to our new cloud-native offerings, to the expanded number of access-, privilege- and secrets-related use cases we address, to our extensive integration ecosystem of more than 700 strategic partners — and counting, we continue to deliver on our Identity Security vision and drive value and results for our customers.

2021 Gartner® Magic Quadrant for PAM: The Results Are In

For the third time running, CyberArk has been named a Leader in the “2021 Gartner® Magic Quadrant™ for Privileged Access Management.”3 CyberArk was positioned both highest in ability to execute and furthest in completeness of vision.

As a Magic Quadrant Leader in PAM for past three years and also with a history of consistent delivery and execution of product innovation and business stability, PAM remains at the heart of our Identity Security strategy. We believe, while other vendors experience growing pains and product-line consolidation challenges post-acquisition, our unwavering growth and accelerating business momentum continues to extend this foundational strength. We deliver unmatched customer satisfaction while boosting operational efficiencies and driving down cybersecurity risk – at scale.

From best-in-class credential management and privileged task automation, to advanced Just-in-Time functionality, numerous Privileged Access Management capabilities within the end-to-end CyberArk Identity Security Platform are positioned in the Gartner companion report, “2021 Critical Capabilities for Privileged Access Management.”4 Out of the 10 vendors evaluated, CyberArk received the highest technical score for the “Global Enterprises,” “Midsize and Large Enterprises,” “Secrets Management,” and “Privileged Account and Session Management” use cases.

The breadth and depth of the CyberArk portfolio of SaaS-delivered and advanced on-premises offerings is unmatched. And since this evaluation was completed, we’ve continued to drive momentum in the market by unveiling new cloud solutions and shared services to help global organizations secure high-risk access, broaden protection across cloud and hybrid environments and achieve a Zero Trust-based approach to protecting human and machine identities.

We are honored by this recognition and would like to thank our customers around the world, who have demonstrated heroic resilience during this sustained period of challenges, along with our partners and employees who continue to both impress and humble us for their unwavering dedication and pursuit of security excellence. You are the cornerstone of our success and we are grateful for each of you.

Download your complimentary report copies of the 2021 Gartner® Magic Quadrant™ for Privileged Access Management and 2021 Gartner Critical Capabilities for Privileged Access Management to learn more.

 

1, 2, 4Gartner, 2021 Gartner Critical Capabilities for Privileged Access Management, Felix Gaehtgens, Abhyuday Data, Michael Kelley, Swati Rakheja, 19 July 2021

3 – Gartner, 2021 Gartner Magic Quadrant for Privileged Access Management, Felix Gaehtgens, Abhyuday Data, Michael Kelley, Swati Rakheja, 19 July 2021

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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.

Gartner and Magic Quadrant are registered trademarks of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.

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Gartner Names CyberArk a Leader in the 2021 Magic Quadrant for PAM

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