CyberArk Named a Leader in 2023 Gartner Magic Quadrant for Privileged Access Management
September 11 2023 - 11:06AM
Business Wire
CyberArk (NASDAQ: CYBR), the identity security company, today
announced it has been named a Leader in the 2023 Gartner® Magic
Quadrant™ for Privileged Access Management.1 CyberArk is recognized
in this report for the fifth consecutive time. Additionally,
CyberArk is the only vendor positioned as a Leader in both Gartner
Magic Quadrant Privileged Access Management (PAM) and Access
Management2 reports.
The CyberArk Identity Security Platform enables organizations to
secure all identities – including workforce, IT, developer and
non-human – against cyber threats with intelligent privilege
controls. With CyberArk, customers have a single, unified platform
for identity security that delivers operational efficiencies and
faster ROI. Core to the platform are PAM solutions that secure
standing, just-in-time and zero standing privileged access across
hybrid and multi-cloud environments, and that improve secrets
management to significantly reduce the #1 source of cyber risk:
credential theft.
“We are extremely proud to be named a Leader by Gartner again.
We believe this recognition underscores our commitment and track
record of delivering continuous innovation to meet the evolving
needs of our customers,” said Matt Cohen, CEO, CyberArk. “In
today’s business and threat environment, every identity is a target
for attackers. This is why we continue to extend intelligent
privilege controls to all identities – human and machine – while
developing deep product integrations across our platform, giving
security teams the operational control and visibility they need to
secure identities across the enterprise.”
CyberArk believes its consistent recognition as a Leader is the
result of its focus on core foundational elements, including:
- Continuous Innovation: CyberArk continues to build upon
core strengths in PAM and innovation across its PAM as-a-Service
and self-hosted offerings. CyberArk has extended intelligent
privilege controls across the entire identity lifecycle, for all
types of identities. Recent innovations address emerging use cases
for secure, developer-friendly access to public cloud workloads and
services. New capabilities include just-in-time privileged access
management and low-code and no-code automation workflows that
enable automated identity orchestration. CyberArk Secrets
Management, an essential part of PAM, is differentiated in its
ability to allow organizations to centrally secure, manage and
rotate secrets used by the broadest range of application
identities. Earlier this year, CyberArk announced expanded secrets
management capabilities, new AI-powered policy creation automation
for improved endpoint privilege security and the ability for PAM
administrators to broker, record and protect native privileged
sessions in one-click.
- Exceptional Customer Experience: Globally, CyberArk
provides flexible, closely aligned sales, technical and deployment
resources to help customers accelerate time to value. Over the past
year, CyberArk introduced new training programs and updates to the
CyberArk Blueprint for Identity Security Success, in addition to
ongoing complimentary access to resources such as the CyberArk
Technical Community and CyberArk Success Blog. According to Gartner
Peer Insights™, CyberArk has a 91% “would recommend” rating.3
- High Performance and Delivery: CyberArk Security
Services, together with its global partner network of channel,
MSPs, global systems integrators and advisory firms, help many of
the world’s largest enterprises design, deploy and optimize PAM and
identity security programs. CyberArk continues to nurture strong
and consistent growth among its partner community through expanded
training and enablement programs. Now, more than ever, CyberArk’s
global ecosystem of C3 Alliance technology partners is critical to
helping security teams consolidate and maximize existing
investments to mitigate emerging risks and address evolving
identity security challenges.
To download a complimentary copy of the 2023 Gartner Magic
Quadrant for Privileged Access Management visit:
https://www.cyberark.com/gartner-2023-mq-pam
1 – Gartner® Magic Quadrant™ for Privileged Access Management,
by Felix Gaehtgens, James Hoover, Michael Kelley, Brian Guthrie,
Abhyuday Data, 5 September 2023 2 – Gartner® Magic Quadrant for
Access Management, by Henrique Teixeira, Abhyuday Data, Michael
Kelley, James Hoover, Brian Guthrie, 1 November 2022 3 – Gartner
Peer Insights™ (rating as of Aug. 30, 2023; based on past 12
months),
https://www.gartner.com/reviews/market/privileged-access-management/vendor/cyberark
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About CyberArk
CyberArk (NASDAQ: CYBR) is the global leader in identity
security. Centered on intelligent privilege controls, CyberArk
provides the most comprehensive security offering for any identity
– human or machine – across business applications, distributed
workforces, hybrid cloud environments 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 LinkedIn, Twitter, Facebook or YouTube.
Copyright © 2023 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/20230911021116/en/
Media Contacts: Carissa Ryan, CyberArk Email:
press@cyberark.com
Highwire PR Email: cyberark@highwirepr.com
Investor Relations: Erica Smith, CyberArk Email:
ir@cyberark.com
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