CyberArk Named a Leader in Gartner Magic Quadrant for Privileged Access Management

CyberArk is proud to announce it has been named a leader in the 2018 Gartner Magic Quadrant for Privileged Access Management – positioned both highest in execution and furthest in vision.

Privileged access management is one of the most critical security controls, particularly in today’s increasingly complex IT environment. Security and risk management leaders must use PAM tools in a long-term strategy for comprehensive risk mitigation.

By 2021, 40% of organizations (up from less than 10% in 2018) that use formal change management practices will have embedded and integrated PAM tools within them, significantly reducing the overall risk surface.

By 2021, over 50% of organizations using DevOps will adopt PAM-based secrets management products, rising rapidly from less than 10% today.

CyberArk has been named a leader in the 2018 Gartner Magic Quadrant for Privileged Access Management

1. CyberArk has a long-standing history in the PAM space and the brand is very well known. Almost all Gartner clients researching PAM products are including CyberArk in their list of vendors to evaluate.
2. CyberArk has a history of trendsetting innovations and aggressive expansion of the product line to improve functionality and expand capabilities, often through acquisitions.
3. SQL logging and filtering for database administrators is supported as a Privileged Session Manager extension for Toad and Oracle SQL*Plus.
4. A revised approach to pricing and product packaging has significantly simplified the acquisition process, making it easier for buyers to understand current and expected costs. While the updated pricing is generally competitive when compared to peers, larger-scale or more complex scenarios can generate costs above market averages.

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