Thycotic Leads The Way For Cloud-based Privileged Access Management

Thycotic Leads The Way For Cloud-based Privileged Access Management >>>>> https://urlin.us/2sVEFk

Thycotic isa leading vendor in Privileged Access Management (PAM). PAM is an importantaspect of identity and access management that emphasizes protecting privilegedaccounts, ensuring that they are protected from credential theft and unsafepractices.

Throughoutthe enterprise, users rely on usernames and passwords to access services anddevices. The security of each of these accounts is hugely important, butprotecting privileged accounts is crucial. Privileged accounts have administrativelevel access, allowing users to make configuration changes to services anddevices.

SANTA CLARA, Calif. and WASHINGTON, April 13, 2021 /PRNewswire/ -- Thycotic, a leading provider of privileged access management (PAM) solutions for more than 12,500 organizations worldwide, and Centrify, a leading provider of modern privileged access management solutions to over half of the Fortune 100, today announced that the companies have completed their previously-announced merger to form a leading cloud identity security vendor. The combined company has now begun integrations and will operate under the temporary name ThycoticCentrify.

About ThycoticCentrifyThycoticCentrify is a leading cloud identity security vendor, enabling digital transformation at scale. ThycoticCentrify's industry-leading privileged access management (PAM) solutions reduce risk, complexity, and cost while securing organizations' data, devices, and code across cloud, on-premises and hybrid environments. ThycoticCentrify is trusted by over 14,000 leading organizations around the globe including over half of the Fortune 100, and customers include the world's largest financial institutions, intelligence agencies, and critical infrastructure companies. Human or machine, in the cloud or on-premises, privileged access is secure with ThycoticCentrify.

PAM tools are an essential security and risk management solution for all organizations. They help ensure that critical assets stay protected by managing privileged accounts, monitoring access to those resources through the use of profiles or policies with customizable triggers such as password changes while maintaining compliance requirements in place at any given time.

CyberArk is the Market Leader in Privileged Access Management by some considerable margin, with reported revenue for 2020 just shy of half a billion dollars, and most of its challengers still quite a lot smaller. The company performed well in all solution capability categories, including analytics, secrets management, privileged delegation and elevation management, and privileged access governance.

Finally, we rank SSH as a challenger. SSH's PAM product, called PrivX, is lightweight by design, created to perform the core task of access management, with capabilities such as analytics and risk detection deliberately excluded to allow for integration with best-of-breed platforms.

Hitachi ID Systems should also be on your radar and is one to watch. The vendor has been in the identity management market for nearly three decades, offering a suite of products that consists of products in IAM, PAM, and password management, and a cloud-based version of its IAM platform has been in existence for several years. It has also offered a PAM product since 2005, so it has considerable expertise in this area.

Privileged account management software solutions help organizations control, secure, monitor and audit privileged accounts and their activities across the IT environment. They cover both human users like admins and non-human accounts like service accounts.

In addition, many compliance standards require organizations to maintain control over privileged access, including regulations governing the financial and healthcare industries. To avoid costly audit findings, these organizations need to secure privileged access to sensitive data and workloads.

Many older privileged account management solutions use a password vault to store the privileged credentials. However, as cybersecurity and compliance needs evolved, so did PAM solutions. The next generation of solutions added more features on top of the password vault to provide capabilities like session management and least privilege. This increased complexity made implementation and ongoing maintenance more complicated and costlier. Indeed, PAM solutions now require separate virtual machines or even separate hardware.

Check whether the PAM solution can be integrated with your other critical security solutions, such as identity access management (IAM), security information and event management (SIEM), change management and single sign-on authentication systems. In particular, look for a flexible architecture and an open database schema.

Effective privileged account management is a must-have for every organization. Although implementing a PAM tool used to be expensive and time-consuming, modern solutions offer fast deployment and automated operations. Moreover, third-generation PAM solutions can slash security risks and ensure regulatory compliance by offering zero standing privilege.

Privileged account management incudes discovering privileged accounts; limiting IT admin access to systems based on the least-privilege principle; and monitoring and recording privileged account activity to spot improper behavior and hold individuals accountable for their actions.

Automatically discover and onboard privileged credentials and secrets used by human and non-human identities. Centralized policy management allows administrators to set policies for password complexity, frequency of password rotations, which users may access which safes, and more. Automated password rotation helps strengthen security while eliminating time-intensive, manual processes for the IT teams.

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$click = jQuery('.cybv2_customer_stories_tabs .vc_tta-tabs-container .vc_tta-tabs-list .vc_tta-tab'); $click.unbind('click', slideGoTo) $carousel.unbind('afterChange', afterChangeFunction); } } else{ if (!$carousel.hasClass('slick-initialized')) { $carousel.slick({ slidesToShow: 3, slidesToScroll: 1, mobileFirst: true, infinite: true, centerMode: true, centerPadding: '50px' }); $click = jQuery('.cybv2_customer_stories_tabs .vc_tta-tabs-container .vc_tta-tabs-list .vc_tta-tab'); $click.bind('click', slideGoTo) $carousel.bind('afterChange', afterChangeFunction); $click.each(function(){ if(jQuery(this).hasClass('vc_active') && !jQuery(this).hasClass('slick-cloned')){ jQuery(this).trigger('click'); } }) } }});CustomersTelcoFinancialManufacturingInsuranceCustomers"CyberArk has been the best vendor I have worked with in my 20+ year IT career. CyberArk delivers great products that lead the industry in managing privileged access." 2b1af7f3a8