CyberArk Named a Leader in Privileged Identity Management by Independent Research Firm
July 08 2016 - 11:30AM
Business Wire
Report Recognizes CyberArk for Largest
Privileged Identity Management Market Presence
CyberArk (NASDAQ: CYBR), the company that protects organizations
from cyber attacks that have made their way inside the network
perimeter, has been named a Leader in “The Forrester Wave™:
Privileged Identity Management, Q3 2016.”1
The report evaluates the 10 most significant privileged identity
management (PIM) vendors. All vendors were assessed based on
criteria across three high-level categories: Current Offering,
Strategy and Market Presence. According to Forrester, CyberArk has
the largest PIM market presence. The report states that “of the
solutions evaluated in this Forrester Wave, CyberArk has the
largest market presence (based on combined revenues, revenue
growth, direct customer install base, and growth).”
Across other criteria, CyberArk is top ranked in host access
control and privilege delegation and escalation. CyberArk also
received the highest possible score in the following criteria:
cloud support, privileged session management and recording, and
application-to-application password management.
According to the report, “Forrester estimates that 80 percent of
security breaches involve privileged credentials.” CyberArk helps
organizations adopt an inside-out security approach by putting a
new layer of defense over core business systems and managing all
privileged accounts and credentials that exist within the network.
The CyberArk Privileged Account Security Solution helps identify
existing privileged credentials across networks, makes sure those
credentials are locked down and secure, and leverages continuous
monitoring of privileged account credentials to detect anomalous
behavior and stop an attack early in the cycle to reduce damage and
enable the business to continue to operate.
CyberArk has more than 2,600 customers in 65 countries
worldwide, which include more than 40 percent of the Fortune 100.
CyberArk also works with more than 250 global channel partners.
CyberArk recently launched the C3 Alliance, its new global
technology partner program that builds on the power of privileged
account security to better protect customers from cyber threats. C3
Alliance members that integrate with the CyberArk Privileged
Account Security Solution can deliver enhanced value to customers
in the areas of proactive protection, detection and response.
This report evaluated PIM vendor capabilities available through
December 31, 2015. Since that time, CyberArk has introduced several
product advancements including:
- CyberArk Privileged Threat Analytics
v3.0, which features real-time threat detection and containment
capabilities to help organizations secure against cyber attacks.
The solution includes targeted analytics and the ability to analyze
network traffic to better detect indications of an attack early in
the lifecycle, including credential theft, lateral movement and
privilege escalation.
- CyberArk Viewfinity v5.5, which
provides a unified privilege management and application control
solution to reduce the attack surface and secure the endpoint,
while being able to block the progression of malware-based attacks
and ransomware, and balance business user productivity and
enterprise security.
- CyberArk Privileged Account Security
Solution v9.7, which delivers the ability to leverage native
Windows standard tools when connecting to target systems via the
CyberArk Privileged Session Manager as well as automatic
provisioning of unmanaged accounts detected by CyberArk Privileged
Threat Analytics.
“This Forrester PIM Wave highlights key privileged identity
management industry trends and we are proud that CyberArk was found
to be a leader in the evaluation,” said Roy Adar, senior vice
president, product management, CyberArk. “CyberArk is committed to
strategic product innovation to enable our customers to proactively
protect against advanced cyber threats and demonstrate measureable
results. CyberArk has built our solution from a ‘security-first’
perspective, which is especially valuable to customers and partners
that are evolving from compliance-driven to risk-based buying
decisions and that consider privileged account security a business
priority.”
To download a complimentary copy of The Forrester Wave™:
Privileged Identity Management, Q3 2016 report, visit:
http://www.cyberark.com/resource/privileged-account-security-leader/.
1 – The Forrester Wave™: Privileged Identity Management, Q3 2016
by Andras Cser, July 8, 2016
About CyberArkCyberArk is the only security company
focused on eliminating the most advanced cyber threats; those that
use insider privileges to attack the heart of the enterprise.
Dedicated to stopping attacks before they stop business, CyberArk
proactively secures against cyber threats before attacks can
escalate and do irreparable damage. The company is trusted by the
world’s leading companies – including more than 40 percent of the
Fortune 100 – to protect their highest value information assets,
infrastructure and applications. A global company, CyberArk is
headquartered in Petach Tikvah, Israel, with U.S. headquarters
located in Newton, Mass. The company also has offices throughout
EMEA and Asia Pacific and Japan. To learn more about CyberArk,
visit www.cyberark.com, read the company
blog, http://www.cyberark.com/blog/, follow on
Twitter @CyberArk or Facebook
at https://www.facebook.com/CyberArk.
Copyright © 2016 CyberArk Software. All Rights Reserved. All
other brand names, product names, or trademarks belong to their
respective holders.
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Media Relations Contacts:fama PRBrian Merrill,
+1-617-986-5005cyberark@famapr.comorCyberArkLiz Campbell,
+1-617-558-2191press@cyberark.comorInvestor Relations
Contact:CyberArkErica Smith, +1-617-630-6426ir@cyberark.com
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