CyberArk Named an Overall Privileged Access Management Leader by KuppingerCole Analysts in 2021 Leadership Compass Report
September 01 2021 - 1:32PM
Business Wire
CyberArk Recognized for Product, Innovation and
Market Leadership for Sixth Consecutive Year
CyberArk (NASDAQ: CYBR) today announced it was named an Overall
Privileged Access Management Leader for the sixth year in a row in
the KuppingerCole Analysts 2021 “Leadership Compass: Privileged
Access Management”1 report.
CyberArk earned the Overall Leadership position based on its
consistent top performance across Product, Innovation and Market
categories. In the report's comparative overview of vendor ratings,
CyberArk once again achieved the highest possible ratings in all
categories, including Security, Functionality, Integration,
Interoperability and Usability.
This KuppingerCole Leadership Compass evaluated 26 vendors in
the Privileged Access Management (PAM) market to help security and
Identity and Access Management (IAM) leaders identify and select
solutions that will have the greatest impact on their cybersecurity
programs. PAM is an essential component in protecting organizations
against data leaks and cyber attacks such as ransomware, malware
and phishing. According to the KuppingerCole report, “the demands
of digital transformation and wholesale structural changes to IT
architecture have intensified interest in PAM software and
applications – across all market sectors.”
The report recognizes CyberArk for continuing to “add technical
functionality to its broad suite of products in response to
changing market demands,” most notably enhancing its product
portfolio as an Identity Security vendor. The CyberArk Identity
Security Platform offers “key technical capabilities for managing
PAM in modern IT environments that KuppingerCole recommends as part
of an IAM blueprint,” and remains “the benchmark in integrating new
capabilities with tried and tested technology while keeping up with
new challenges such as remote access, DevOps, cloud and identity
management integration.”
“This report reinforces that CyberArk is at the forefront of
helping organizations take a security-first approach to protecting
the growing number and types of identities across their IT
environment,” said Mike O’Malley, senior vice president, Global
Marketing, CyberArk. “Drawing upon our foundation as the leader in
privileged access, CyberArk enables customers to quickly and
efficiently achieve their digital transformation goals and work
towards a Zero Trust architecture leading with Identity
Security.”
To download a complimentary copy of the KuppingerCole Analysts
2021 “Leadership Compass: Privileged Access Management” report,
visit:
https://lp.cyberark.com/kuppingercole-leadership-compass-pam-2021.html.
1 – KuppingerCole Analysts 2021 “Leadership Compass: Privileged
Access Management,” by Paul Fisher, August 2021
About KuppingerCole Analysts
KuppingerCole Analysts, founded in 2004, is an international and
independent Analyst organization headquartered in Europe. The
company specializes in offering neutral advice, expertise, thought
leadership and practical relevance in Information Security,
Identity & Access Management (IAM), Governance (IAG), Risk
Management & Compliance (GRC) as well as all areas concerning
the Digital Transformation. KuppingerCole supports companies,
corporate users, integrators and software manufacturers in meeting
both tactical and strategic challenges. Maintaining a balance
between immediate implementation and long-term viability is at the
heart of KuppingerCole’s philosophy.
About CyberArk
CyberArk (NASDAQ: CYBR) is the global leader in Identity
Security. Centered on privileged access management, CyberArk
provides the most comprehensive security offering for any identity
– human or machine – across business applications, distributed
workforces, hybrid cloud workloads and throughout the DevOps
lifecycle. The world’s leading organizations trust CyberArk to help
secure their most critical assets. To learn more about CyberArk,
visit https://www.cyberark.com, read the CyberArk blogs or follow
on Twitter via @CyberArk, LinkedIn or Facebook.
Copyright © 2021 CyberArk Software. All Rights Reserved. All
other brand names, product names, or trademarks belong to their
respective holders.
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version on businesswire.com: https://www.businesswire.com/news/home/20210901005875/en/
Media Relations: Jordan Fylonenko, CyberArk Phone: +1
734-536-2014 Email: press@cyberark.com
Investor Relations: Erica Smith, CyberArk Phone: +1
617-630-6426 Email: ir@cyberark.com
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