As per a new report “Privilege Management Leadership Compass” by KuppingerCole
CyberArk was named the overall market leader in Privileged Account Security in a new report issued by leading analyst firm KuppingerCole.
In the report, “Privilege Management Leadership Compass,” the independent analyst firm cited that CyberArk earned the Overall Leadership position over the other 11 vendors analysed due to a combination of market, product, and innovation leadership, and that it’s the “one to beat in Privilege Management.”
The KuppingerCole “Privilege Management Leadership Compass” closely analysed the market reach, product capabilities and innovation of 12 vendors in the Privileged Account Security Market. Due to increasing cyber attacks originating both from inside and outside of the enterprise that frequently use stolen privileged and administrative credentials, the report states that organisations should “expect further significant growth in the market segment for Privilege Management.” With more businesses requiring privileged management to secure privileged access across multiple environments (cloud, mobile, social), the KuppingerCole Leadership Compass provides businesses with an overview of the leading vendors in the market segment.
Peter Cummings, managing director UK, senior analyst, KuppingerCole, said, “With a powerful combination of market presence, leading-edge product functionality and true innovation, CyberArk is the overall market leader and has managed to remain ahead of the competition over the years. CyberArk should be a natural choice to be included in any vendor evaluation for a privilege management solution.”
“We’re honoured to receive recognition of this nature from a distinguished analyst firm like KuppingerCole. Their analysts understand that cyber attackers, regardless of whether they originate from inside or outside the enterprise, are continually targeting privileged accounts. Businesses need to lock these high value accounts down,” said John Worrall, CMO, CyberArk.
