CyberArk Named a Leader in the 2024 Gartner® Magic Quadrant™ for Privileged Access Management
CyberArk (NASDAQ: CYBR), the identity security company, today announced it has been named a Leader in the 2024 Gartner® Magic Quadrant™ for Privileged Access Management.1 CyberArk is positioned as a Leader for the sixth consecutive time and is positioned furthest in Completeness of Vision, which evaluates vendors on offering (product) strategy, innovation and market understanding among other evaluation criteria.
With 93% of organizations suffering two or more identity-related breaches in the last 12 months, managing and securing identities has become a critical requirement. The CyberArk Identity Security Platform enables organizations to secure the entire spectrum of identities, including workforce, IT, developer and machine, supporting modern access use cases such as the need to enforce Zero Standing Privileges in public cloud environments. A core component of the platform is CyberArk’s privileged access management (PAM) capabilities, which allow customers to apply flexible privilege controls to help prevent malicious account, credential and secrets access throughout the entire enterprise infrastructure.
“We are incredibly proud to once again be named a Leader by Gartner. CyberArk delivers identity security programs for a multi-cloud world. We feel that our position as a Leader in this year’s report, for the sixth consecutive time, is a testament to our commitment to ongoing innovation and customer success,” said Matt Cohen, CEO, CyberArk. “Identity security is no longer just about human identities. As identities – especially machine identities - proliferate, driven by new hybrid and multi-cloud environments, an effective identity security strategy must secure them all with the right level of privilege controls. CyberArk’s advanced PAM, secrets management and endpoint privilege security capabilities are key to empowering our customers to secure every identity and defend against cyberattacks.”
CyberArk aims to deliver the industry’s most comprehensive identity security platform, including:
- Outstanding Customer Experience: CyberArk is committed to a customer-first approach, ensuring that all identities are secured with the right level of privilege controls, while putting the customer at the center of all it does. Its unified, SaaS-based platform notably simplifies and improves the administrator and end user experience to reduce cost and complexity, helping organizations accelerate their migration to the cloud with consistent identity security controls in place.
- PAM Programs for a Multi-Cloud World: The CyberArk Identity Security Platform provides best-in-class, end-to-end PAM capabilities. CyberArk centrally and natively secures both shared and federated privileged access for IT and cloud ops teams supporting digital initiatives. By applying intelligent privilege controls within native tooling, CyberArk helps PAM programs scale across all environments – from long-lived systems in on-premises data centers to elastic cloud workloads, public cloud services and SaaS apps.
- Unified, Cross-Platform Innovation, Powered by AI: CyberArk recently introduced new capabilities for securing every identity, further extending PAM controls to all identity types, including workforce identities. Offerings now include support for secure standing access and zero standing privileges, with the ability to isolate and audit privileged sessions. In addition, CyberArk Endpoint Privilege Manager now offers strong end-to-end passwordless authentication when signing into endpoints and elevating application controls. CyberArk’s unified portal means that the end user experience is enhanced with one-click, native access to enterprise resources, while intelligent privilege controls protect the user. Earlier this year, CyberArk also announced CORA AI™, which will allow organizations to analyze anomalies and apply next-level identity threat detection and response actions, reducing reaction times from hours to minutes.
- World-Leading Partner Support and Technology Ecosystem: CyberArk aims to make it easier for partners to develop deep identity security practices and measurably reduce cybersecurity risk for customers. CyberArk invests heavily in its Channel Partner Program, with the launch of a new self-service portal for partners – as well as the CyberArk MSP Console - and new certifications underscoring its commitment to value creation for both joint customers and partners. CyberArk’s global ecosystem brings together more than 1,300 system integrators, managed service providers, strategic outsourcers, advisories, solution providers, distributors and marketplaces. Alongside this partner network, the CyberArk C3 technology alliance allows customers to make the most of their existing technology investments, featuring more than 200 certified integrations from providers of enterprise software, infrastructure and security solutions.
To download a complimentary copy of the 2024 Gartner Magic Quadrant for Privileged Access Management visit: https://www.cyberark.com/gartner-2024-mq-pam
1 – Gartner® Magic Quadrant™ for Privileged Access Management, by Abhyuday Data, Michael Kelley, Nayara Sangiorgio, Felix Gaehtgens, Paul Mezzera, 9 September 2024
Gartner Disclaimers
GARTNER is a registered trademarks and service mark, and MAGIC QUADRANT is a registered trademark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved.
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
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 © 2024 CyberArk Software. All Rights Reserved. All other brand names, product names, or trademarks belong to their respective holders.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240910351926/en/
Contacts
Investor Relations:
Srinivas Anantha, CFA
CyberArk
617-558-2132
ir@cyberark.com
Media:
Nick Bowman
CyberArk
+44 (0) 7841 673378
press@cyberark.com
(c) 2024 Business Wire, Inc., All rights reserved.
Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Mouser Electronics Explores Sustainable Smart Grid Innovation in Latest Content Series11.9.2024 17:41:00 CEST | Press release
Mouser Electronics, Inc., the authorized global distributor with the newest electronic components and industrial automation products, today released the latest installment of its Empowering Innovation Together (EIT) technology series, which explores the benefits of incorporating renewable energy into smart grid technology, emphasizing the role of AI and 5G in achieving sustainable grid management. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240911011855/en/ In the latest installment of its Empowering Innovation Together (EIT) technology series, Mouser explores the benefits of incorporating renewable energy into smart grid technology, emphasizing the role of AI and 5G in achieving sustainable grid management. (Photo: Business Wire) Adopting a smart grid system enhances the precision of power usage monitoring and energy distribution and enables two-way communication between the system and users. This decentralized approach
Delinea Named a Leader in 2024 Gartner ® Magic Quadrant™ for Privileged Access Management11.9.2024 17:30:00 CEST | Press release
Delinea, a pioneering provider of solutions for securing identities through centralized authorization, today announced its recognition as a Leader in the 2024 Gartner Magic Quadrant for Privileged Access Management (PAM). This marks the 6th consecutive time that Delinea has been acknowledged in the Leaders Quadrant; Delinea stated that, in their opinion, this highlights the company's ongoing commitment to delivering market-trusted security solutions. “We are honored to be recognized once again as a Leader by Gartner,” said Art Gilliland, CEO of Delinea. “Identity security serves as the first line of defense, as every identity, both human and non-human, and the data with which they interact are targets in today’s modern enterprises. I believe this acknowledgement reaffirms our commitment to safeguarding our clients while delivering solutions that not only enhance security but also remove complexity, elevating the user experience.” As Gartner states, “growth continues to be driven by the
Spencer Health Solutions Achieves ISO 27001 Certification11.9.2024 15:55:00 CEST | Press release
Spencer Health Solutions (SHS), a healthcare technology leader in smart medication management, announced that it has achieved ISO 27001:2022 certification. This prestigious accreditation underscores the company's unwavering commitment to safeguarding patient data and ensuring the highest standards of information security. ISO 27001 is a globally recognized information security management system (ISMS) standard that ensures organizations implement robust measures to protect their assets from threats. By achieving this certification, Spencer Health Solutions has demonstrated its dedication to: Confidentiality: Protecting patient data from unauthorized disclosure. Integrity: Ensuring the accuracy and completeness of medication dispensing records. Availability: Guaranteeing timely access to medication dispensing information when needed. “We are proud to announce that Spencer Health Solutions has achieved ISO 27001 certification,” said Tom Rhoads, CEO of Spencer Health Solutions. “This acco
Novotech Appoints Dr. Yooni Kim as a New Executive Position of Managing Director for APAC to Strengthen Global Expansion11.9.2024 15:05:00 CEST | Press release
Novotech, the leading global biotech Contract Research Organization (CRO), is pleased to announce the appointment of Dr. Yooni Kim as a new Executive position of Managing Director for the Asia-Pacific (APAC) region, effective September 1, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240911865593/en/ Dr. Yooni Kim, Managing Director APAC, Novotech (Photo: Business Wire) This strategic appointment is part of Novotech's ongoing efforts to expand its global footprint and enhance its operational capabilities, positioning itself as a world-leader across all phases of clinical trials. As Novotech has scaled into a global entity, we have reaffirmed our commitment to maintaining a balance between global consistency and local responsiveness. The establishment of the Managing Director APAC role is a significant step achieving this, while aligning Novotech’s operations across key regions, including the United States, Europe, Mai
Experian Named to Fortune’s 2024 “100 Best Workplaces in Technology” List11.9.2024 15:00:00 CEST | Press release
Experian North America has been named to the prestigious Fortune Best Workplaces in Technology™ 2024 rankings. This honor spotlights Experian’s high-performing workplace culture that promotes innovation, inclusivity and equity, and team member well-being, growth and advancement. In determining this year’s 100 Best list, Fortune partnered with the people analytics firm Great Place to Work® to survey more than 870,000 employees and gathered data from companies representing more than 6.1 million employees. The survey enabled employees to share confidential feedback about their organization’s culture by responding to 60 statements that – when put together – describe a great employee experience, defined by high levels of trust, respect, credibility and more. “This recognition reflects our team members’ hard work in harnessing advanced technology to solve complex problems for our clients and our continuous improvement in building an even stronger, more connected workplace,” said Jennifer Sch
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom