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CyberArk Named a Leader in the IDC MarketScape PAM Market

Leading Analyst Firm Highlights Critical Security Vulnerabilities of Unmanaged Privileged Accounts

CyberArk was named a leader in the IDC MarketScape: Worldwide Privileged Access Management 2014 Vendor Assessment.

The IDC MarketScape assesses vendors offering products in the privileged access management (PAM) market and notes that, “CyberArk is the PAM pure-play “big gorilla” with the most revenue and largest customer base.”

The compromise and misuse of privileged accounts is a key signature in advanced, targeted cyber attacks. As demonstrated in recent, devastating attacks on businesses, cyber attackers steal and exploit privileged accounts to conduct a hostile takeover of a company’s entire infrastructure. By exploiting privileged access, attackers can conduct internal reconnaissance, move laterally throughout a network without detection and complete the goals of the attack. The IDC MarketScape recognises the critical need of securing privileged accounts and provides businesses with recommendations for evaluating vendors.

“Attackers typically exploit privileged credentials to accomplish their goals, which is why privileged access management is a crucial aspect of securing the enterprise,” said Pete Lindstrom, research director, Security Products at IDC. “CyberArk has established itself as a privileged access management leader through its breadth of capabilities and commitment to innovation as evidenced by solid revenue numbers and growing customer base.”

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