CyberArk Advances Identity Security Market with Unmatched Cybersecurity Innovation : @VMblog

Organizations
continue to play a difficult balancing game. They must manage down
cybersecurity debt brought on by rapid moves to the cloud and SaaS
adoption, which create a surge in identities, while bolstering defenses
to brace for coming waves of attacker sophistication and new,
unrelenting attack volume – often in the form of ransomware and the exploitation of software supply chain weaknesses. Today, for every human identity there are 45 machine identities and
over half of an organization’s workforce has access to sensitive
corporate data. These human and machine identities represent an expanded
attack surface that adds pressure to mounting cybersecurity insurance
and compliance requirements.

These
challenges call for advanced Identity Security solutions architected
for the evolving threat landscape with the ability to enforce least
privilege. Centered on intelligent privilege controls, Identity Security
seamlessly secures access for all identities, and flexibly automates
the identity lifecycle, with continuous threat detection and protection –
all with a unified approach.

“Two
years ago at our CyberArk Impact event, we put a stake in the ground –
detailing our vision and strategy for Identity Security. Since then,
we’ve made great progress in realizing this vision. We have firmly
established the category and consistently executed on our roadmap –
raising the bar for innovation with a comprehensive Identity Security
platform,” said Udi Mokady, founder, chairman and CEO, CyberArk.
“Identity Security is now the standard for managing growth and reducing
risk without compromise, and CyberArk is the leader. Our approach to
Identity Security, centered on intelligent privilege controls, means
customers can confidently drive greater cyber resilience built on Zero
Trust.”

Advancing Business Critical Identity Security

Built
for the dynamic enterprise, the CyberArk Identity Security Platform
enables secure access for any identity, human or machine, to any
resource or environment from anywhere using any device. In addition to
continued innovation across its self-hosted solutions and expanding SaaS
portfolio of privileged access management, workforce and customer
access, and endpoint privilege security offerings, CyberArk announced
key advancements in these core areas:

Identity Management

Cloud Privilege Security

Secrets Management

“The
continued strong adoption of the CyberArk Identity Security platform
and enthusiasm from customers and partners has been tremendous. The new
offerings we announced today are for all those organizations that
understand that protecting identities is not only good for business, it
also needs to be priority #1 when it comes to cybersecurity,” said Chen
Bitan, chief product officer at CyberArk.

The CyberArk platform is based on a set of foundational shared services including Identity Security Intelligence. This new Identity Security Intelligence service
provides continuous identity threat detection and prevention by
automatically detecting anomalous user behavior and privileged access
misuse for both workforce and privileged users. Additional shared
services enabling operational efficiencies include a single Admin Portal
with an improved user experience, Identity Administration, which
provides unified Authentication and Authorization, and Unified Audit
that will centrally collect audit data for both workforce and privileged
user sessions.

“Today’s
announcements from CyberArk reflect the growing need many organizations
face – the need to double down on security-first identity protection to
protect the known – and unknown – identities that exist across hybrid
IT environments,” said Jack Poller, senior analyst, Enterprise Strategy
Group. “By clearly defining the Identity Security category and focusing
on protecting identities where they matter most – from the cloud and
development environments to the desktop – we believe CyberArk is truly
delivering value where their customers need it most.”

These latest CyberArk Identity Security Platform advancements will be available by the end of 2022.