Centrify, a leading provider of cloud-ready zero trust privilege to secure modern enterprises, has announced that it has been recognised as a Leader in the 2019 KuppingerCole Leadership Compass for Privileged Access Management (PAM).
KuppingerCole evaluated 19 vendors in the report, assessing the market segment and the major vendors offering PAM solutions to rate them for Product Leadership, Innovation Leadership and Market Leadership.
Centrify was not only named an ‘Overall Leader’ in the report but also a Leader in all three categories as well as all correlated categories including Market Champions, Technology Leaders and Big Ones (an Innovation/Market Matrix).
“We are proud to again be named a Leader in the 2019 KuppingerCole Leadership Compass for PAM,” said Tim Steinkopf, CEO at Centrify. “Privileged access abuse is the leading attack vector, yet we continue to see an endless stream of data breaches. It’s time that organisations move beyond legacy approaches to PAM and embrace a Zero Trust approach to securing access to modern attack surfaces.
“We believe our recognition as a Leader in all three major PAM market research reports indicates that we are helping them do exactly that with Centrify Zero Trust Privilege.”
A recent survey of 1,000 IT decision makers by Centrify revealed that 74% of data breaches involve privileged access abuse. Cyberattackers are logging in using weak, compromised or default passwords and then moving laterally across the network to gain privileged access to steal data and cover their tracks.
Furthermore, the survey found that many organisations aren’t taking some of the most basic steps to secure privileged credentials, such as 52% of respondents indicating their organisation does not have a password vault.
Centrify is redefining the legacy approach to Privileged Access Management by delivering cloud-ready zero trust privilege to secure infrastructure, DevOps, cloud, containers, Big Data and other modern attack surfaces.
This zero trust approach to PAM understands that privileged access requests are not just coming from humans but an increasing number of systems, applications and services which should all have unique identities for which least privilege can be applied.
Controls must be dynamic and risk-aware with modern Machine Learning and user behaviour analytics to manage access to a much broader ecosystem, including Identity-as-a-Service platforms, DevOps environments and containers and microservices.
Download a complimentary copy of the report from Centrify to learn more about KuppingerCole’s evaluations: https://www.centrify.com/lp/2019-kuppingercole-leadership-compass-report-for-pam/