CyberArk Positioned as an Access Management Leader by KuppingerCole Analysts
November 21 2023 - 11:30AM
Business Wire
CyberArk (NASDAQ: CYBR), the identity security company, today
announced it was named an Overall Leader in the KuppingerCole
Analysts AG 2023 “Leadership Compass: Access Management”1 report.
The company’s overall leadership position is based on the strength
of its CyberArk Identity offering across the report’s product,
innovation and market categories.
Part of the CyberArk Identity Security Platform, CyberArk
Identity is a set of SaaS-delivered solutions designed to simplify
identity and access management in enterprises while providing the
highest level of security. With CyberArk Identity, organizations
can secure workforce, customer, business partner, vendor and client
access to applications, endpoints and infrastructure, while
protecting against the leading cause of data breaches – compromised
credentials and social engineering.
The CyberArk Identity Security Platform enables secure access
for any identity to any resource - protecting identities and
critical assets by enabling Zero Trust and enforcing least
privilege. KuppingerCole Analysts noted, “The CyberArk Identity
Security Platform stands out because it goes beyond just a
collection of products. It offers a cohesive set of solutions that
work together and share key components, creating a unified platform
for various use cases. CyberArk's focus is on providing a
comprehensive experience for different types of users, such as
employees, customers, partners, and more.”
Examining trends in this market, the report states, “The
combined impact of the pandemic driven shift to remote work with a
connect-anywhere paradigm and the ongoing digital business
transformation has inspired a higher awareness of cybersecurity
concerns, requiring a profound change in the way we define access
management.”
“We are proud to be named a Leader in this report. And just as
KuppingerCole Analysts pointed out, we also see a clear and urgent
need to expand the definition of access management. Access
management solutions must evolve to reduce identity-related risk by
effectively supporting new use cases,” said Gil Rapaport, general
manager, Access, CyberArk. “We believe CyberArk is in the best
position to deliver innovation and reinvent the access management
market by providing a unified platform across privileged access
management and identity governance, with capabilities like the
securing web sessions and providing an identity security web
browser.”
According to the report, “CyberArk Identity also allows users to
easily register their devices via email, SMS or QR code scan in a
completely passwordless fashion for all possible applications.” As
part of its continued commitment to providing innovative
security-first access management solutions to its customers and
partners, CyberArk also announced today that it has extended its
passwordless authentication capabilities to include support for
passkeys.
To download a complimentary copy of the 2023 Leadership Compass
for Access Management report, please visit:
https://lp.cyberark.com/kuppinger-cole-leadership-compass-access-management-report-2023-registration.html
1 – KuppingerCole Analysts AG “Leadership Compass: Access
Management,” August 16, 2023 by Alejandro Leal
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, X, 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/20231121790695/en/
Media: Carissa Ryan, CyberArk Email:
press@cyberark.com
Investor Relations: Erica Smith, CyberArk Email:
ir@cyberark.com
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