CyberArk Privileged Access Manager

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Additional Info

Company (that provides the nominated product / solution / service)CyberArk
Websitecyberark.com
Company size (employees)1,000 to 4,999
Type of solutionSoftware

In 3 bullets, summarize why this product or service is different from the competition and deserves recognition:

-Market Leadership: CyberArk pioneered and remains the Privileged Access Management market leader. In 2021, for the third time in a row, CyberArk was named a leader in the Gartner Magic Quadrant for Privileged Access Management. CyberArk was also named an Overall Privileged Access Management Leader in the KuppingerCole Analysts 2021 “Leadership Compass: Privileged Access Management” report for the sixth year in a row and as the leader in the recent Forrester Privileged Identity Management Wave.
-Product leadership: CyberArk has been positioned both highest in ability to execute and furthest in completeness of vision (per Gartner Magic Quadrant for Privileged Access Management) and continues to be a top-ten security control. According to a recent 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.” Recent highly visible cybersecurity incidents in the news have demonstrated that the impact of breaches is not just online, but have spilled into the physical world, and PAM tools are crucial for mitigating these risks.
-Customer Satisfaction: CyberArk is dedicated to building, maintaining, and uplifting customer relationships, and delivering the best user experience. According to Gartner Peer Insights, which publishes verified ratings and peer reviews from enterprise IT professionals, a Sr. Software Associate in the Construction Industry said, “CyberArk has an excellent customer relationship management team. We enjoyed working with them throughout the engagement. With [this] PAM solution, we were able to avoid and eliminate the need to store access related data in our local system and move to a centralized place which takes care of the encryption and eliminates any security related issues.” Additionally, IT Business Edge and IDG Enterprise both list CyberArk as the top privileged identity management solutions based on product reviews, crowdsourced rankings, and buyer intent data.

Brief Overview

CyberArk believes that all identities – human or machine – can become privileged under certain conditions. In fact, CyberArk’s CISO View Survey on Zero Trust found the most widely reported group facing increased attacks is end-users – including business users with access to sensitive data. More than 50 percent report such users as being increasingly targeted by attackers.

CyberArk enables enterprises to advance least privilege principles across modern infrastructure and remains the only privileged access management provider to offer comprehensive just-in-time controls across cloud and hybrid environments and on the endpoint. According to CyberArk research, endpoint security remains an operational challenge for 94 percent of respondents. CyberArk’s privileged access management leadership puts the company at the forefront of the Identity Security market and sets it apart from competitors.

CyberArk Privileged Access Management capabilities include:
Privileged Access Manager takes a risk-based approach to credential and session management, helping organizations enforce least privilege and defend against internal and external threats.
Cloud Entitlements Manager delivers CIEM capabilities to further expand the platform’s breadth and use cases. Traditional CIEM vendors don’t approach the challenge from the perspective of an Identity Security vendor like CyberArk that leverages principles of Zero Trust and least privilege access.
Endpoint Privilege Manager secures infrastructure by helping to prevent the compromise of admin credentials on the endpoint and has been shown to have 100% efficacy against more than 3 million ransomware strains based on testing by CyberArk Labs.
Vendor Privileged Access Manager utilizes a biometrics-based approach to secure third-party access to critical internal resources with full session isolation, monitoring and audit capabilities without the need for VPNs, passwords or agents.