CyberArk is proud to announce it has been named a Leader in the 2022 Gartner® Magic Quadrant™ for Privileged Access Management.1 The company was positioned both highest in ability to execute and furthest in completeness of vision for the fourth time in a row.
According to Gartner, “While core PAM products continue to be important security tools, shifting demand in the market 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.”2
We thank our customers and partners for inspiring and driving us fearlessly forward each day to innovate and be their trusted advisor. We also want to thank our employees across the globe for always putting customers first and for their outstanding dedication. This distinction is because of you.
CyberArk’s PAM Point of View: Our History and Identity Security’s Grounding Center
Privileged access management is the strong foundation upon which CyberArk was built — it’s who we are and what we proudly introduced to the market. Since the beginning, CyberArk has brought a security-first mindset aimed at helping global organizations protect the heart of the dynamic enterprise. As we’ve continued to evolve as an organization, privileged access management has remained solidly in place as our core. Today, more than 7,500 customers, including the majority of Fortune 500 companies and many government organizations around the world, trust CyberArk to secure their most valuable assets.
Grounded in privileged access management, we have become much more with the development of a holistic Identity Security Platform capable of enabling digital transformation and helping to stop more sophisticated cyber threats. Picture a massive constellation of user identities — human and machine — accessing various corporate resources from homes, offices, co-working spaces and public transport, and spanning data centers, operational technologies, and hybrid, multi-cloud and SaaS environments. Every single identity is a target for attackers. Every single identity can have powerful privileged access. And because of this, every single identity needs strong security protections.
Since CyberArk put a stake in the ground detailing our expanded Identity Security vision and strategy, we’ve continuously raised the bar for innovation and progressed further along our roadmap. We believe Identity Security — which unifies privileged access management, access management and identity management in a single platform that can enable seamless, secure access for any identity to any resource or environment from anywhere using any device — is the key to strengthening cyber resilience and unlocking greater operational efficiency. And as organizations of all sizes and kinds move toward a Zero Trust future, the ability to dynamically enforce policy, authentication and authorization will help pave the way.
In our view, it has never been more important to consistently enforce least privilege everywhere with standing and just-in-time access, session isolation and monitoring, elevation and delegation, and credentials and secrets management. Today’s challenges — and the ones yet to come — call for an advanced, unified approach that centers on these intelligent privilege controls, while enabling seamless, secure access for all identities, and flexibly automating the identity lifecycle with continuous threat detection and protection. This is Identity Security, and we believe now is the moment to embrace it.
Our focus at CyberArk remains solidly on execution. Earlier this month at CyberArk Impact 2022, we announced new innovations and significant advancements in privileged access management, identity management, cloud privilege security, and secrets management to give organizations the confidence they need to accelerate business transformation with less risk. And to echo CyberArk Founder, Chairman and CEO Udi Mokady, “We are just getting started.”
Download the Full Complimentary Report
To learn more, download the full 2022 Gartner Magic Quadrant for Privileged Access Management report.
1,2 – Gartner® Magic Quadrant™ for Privileged Access Management, by Michael Kelley, James Hoover, Felix Gaehtgens, Abhyuday Data, 19 July 2022
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