CyberArk announced its recognition as a CyberArk identity security leader in the IDC MarketScape report. This recognition of CyberArk as an identity security leader covers worldwide integrated identity security solutions. The report evaluates vendors based on strategy and capabilities. Therefore, the recognition showcases CyberArk’s strong position in the market. According to IDC, identity threats keep increasing across enterprises. This has driven organizations to insist on unified identity security platforms. CyberArk meets such needs through integrated solutions. In addition, the company is dedicated to the protection of human and machine identities.
“With 93% of organizations reporting multiple identity-related breaches last year, security must protect every identity, including human, machine. AI,” said Matt Cohen, CEO of CyberArk. “This IDC MarketScape recognition validates our unified approach, which uses AI and automation to strengthen identity security. Improve efficiency and build resilience across hybrid environments.”
The IDC MarketScape report studied vendors who provide services to global enterprises based on their technology capabilities, innovation,& customer outcomes. Therefore, the identity security leader status of CyberArk denotes consistent execution. Moreover, the company keeps on developing its platform with added capabilities. CyberArk supports zero-trust security strategies in modern enterprises, helps organizations manage privileged access risks. Secures identities across cloud and hybrid environments, among others. All these approaches have strengthened the overall cybersecurity resilience.
In addition, CyberArk continues to invest in product innovation. The company enhances automation and analytics across its platform. This, in turn, empowers customers with even greater visibility and control. This recognition as a CyberArk identity security leader reinforces customer confidence in the company’s operations. Overall, the designation of CyberArk as an identity security leader underlines industry-wide trust in the company. Thus, CyberArk is well-placed to continue benefiting from traction within the global cybersecurity market.
To explore how Security Operations Centers (SOC) play a crucial role in defending against modern cyber threats, read our latest SOC News.
Source: Businesswire
