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CyberArk Named a Visionary in 2021 Gartner Magic Quadrant for Access Management
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CyberArk (NASDAQ: CYBR) was named the only Visionary in the 2021 Gartner Magic Quadrant for Access Management. The company is recognized for its commitment to addressing Access Management challenges amid advanced cyber threats. CyberArk's Identity Security strategy focuses on evolving privileged access management to meet customer needs. Recent innovations include Secure Web Sessions, enhancing user authentication during sensitive sessions. The report highlights the growing importance of AM tools in securing applications and data as identity becomes a pivotal security aspect.
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Recognized as the only Visionary in the 2021 Gartner Magic Quadrant for Access Management.
Strong R&D investments to drive innovation in identity security and access management.
Launch of Secure Web Sessions, a cloud-based solution enhancing user authentication.
Recently named a Leader in Forrester Wave for Identity-As-A-Service for Enterprise.
CyberArk is committed to helping enterprises navigate Access Management challenges across dynamic IT environments while protecting against advanced cyber threats. CyberArk is consistently delivering on its vision for the future of Access Management, a vision that is aligned with the evolution of Identity Security and includes the delivery of transformative SaaS-based solutions.
According to Gartner, “Access Management [AM] has become the source of trust for identity-first security. Increased dependence on identities for access anywhere, anytime, requires AM to be more reliable and easier to adopt. Identity orchestration, IAM convergence and SaaS resilience importance will increase during 2022.” Additionally, the report cites that “AM tools are a core part of many security programs and practices, and with identity representing the modern security control plane, AM tools will continue to represent critical tools for securing access to applications and data.”
“At CyberArk we believe the lines between Identity and Privileged Access are blurring. As hybrid workforces and new access requirements emerge for operational efficiency and user experience, CyberArk is differentiated by our Identity Security approach, centered on privileged access management,” said Gil Rapaport, general manager, Access Management, CyberArk. “We are laser focused on emerging trends and are making strong R&D investments to continue to drive innovation that addresses anticipated customer needs, and consistently delivers on customer expectations for reliability and resilience.”
Through the CyberArk Identity portfolio, which includes CyberArk Workforce Identity and CyberArk Customer Identity, customers can protect a wide range of identities and workloads, regardless of application or system, from any location or device. CyberArk Identity is part of the CyberArk Identity Security Platform. Centered on privileged access management, the CyberArk Identity Security Platform helps organizations secure access to critical business data and infrastructure, protect a distributed workforce, and accelerate business in the cloud.
This report comes on the heels of the launch of CyberArk Identity Secure Web Sessions, a cloud-based solution that enables organizations to record and protect user web application sessions, while continuously authenticating users during sensitive sessions. Over the past year, CyberArk delivered additional Access Management innovations in areas such as passwordless authentication, identity-centric endpoint security, and user behavior analytics. CyberArk was recently named a Leader in “The Forrester Wave™: Identity-As-A-Service (IDaaS) For Enterprise, Q3 2021.”2
1 - Gartner, 2021 Gartner® Magic Quadrant™ for Access Management, by Henrique Teixeira, Abhyuday Data, Michael Kelley, 1 November 2021 2 - The Forrester Wave™: Identity-As-A-Service For Enterprise, Q3 2021 by Sean Ryan with Merritt Maxim, Elsa Pikulik and Peggy Dostie, August 31, 2021
Gartner Disclaimers
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
Gartner and Magic Quadrant are registered trademarks of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.
About CyberArk
CyberArk(NASDAQ: CYBR) is the global leader in Identity Security. Centered on privileged access management, CyberArk provides the most comprehensive security offering for any identity – human or machine – across business applications, distributed workforces, hybrid cloud workloads and throughout the DevOps lifecycle. The world’s leading organizations trust CyberArk to help secure their most critical assets. To learn more about CyberArk, visit https://www.cyberark.com, read the CyberArk blogs or follow on Twitter via @CyberArk, LinkedIn or Facebook.
What does CyberArk's recognition in the 2021 Gartner Magic Quadrant mean for investors?
Being named the only Visionary in the 2021 Gartner Magic Quadrant reflects CyberArk's strong position and innovation in Access Management, which may positively influence investor confidence and stock performance.
What innovations has CyberArk introduced recently?
CyberArk has launched Secure Web Sessions and enhanced features like passwordless authentication and identity-centric endpoint security within its Identity Security platform.
What is CyberArk's focus in Access Management?
CyberArk focuses on evolving privileged access management to adapt to new security challenges presented by hybrid workforces and advanced cyber threats.
How does CyberArk differentiate itself in the identity security market?
CyberArk differentiates itself by centering its strategy on privileged access management and making significant investments in research and development to meet customer expectations for reliability and resilience.
