Story image

CyberArk strengthens defenses against privileged account exploitation through Vaultive buyout

13 Mar 2018
Twitter
Facebook

CyberArk has bought out cloud security firm Vaultive as part of a move to extend its capabilities in the privileged account management space.

CyberArk already protects against privileged account exploitation across cloud, on-premise and in DevOps workflows as part of its mission to secure modern infrastructure and applications.

The company says the Vaultive acquisition will allow for greater visibility and control over privileged business users, Software-as-a-Service (SaaS), Infrastructure-as-a-Service (IaaS) and Platform-as-a-Service (PaaS) administrators.

CyberArk chairman and CEO Udi Mokady says the Vaultive team brings innovative technology and advanced cloud industry experience to the game.

“We look forward to incorporating the technology to add additional depth and proactive protection for enterprises facing an expanding attack surface in the cloud.”

“Vaultive provides a strong building block to accelerate CyberArk’s cloud security strategy, making CyberArk the only vendor able to extend privileged account security to administrators and privileged business users in cloud environments with this level of granularity and control.”

That control is an important part of a security strategy. CyberArk says privileged business users, SaaS, IaaS and PaaS administrators often have broad and even unlimited access to social media, web-based sales operations and financial applications.

The company believes that access must be under constant monitoring and control that is consistent across multiple types of applications that doesn’t affect how cloud administrators and privileged business users do their work.

The Vaultive team was previously based in the US, with President and CEO Jonas Hellgren at the helm.

Vaultive founder and CTO Ben Matzkel says he is proud of everything his team has accomplished.

"It's becoming increasingly clear that customers desire a unified security approach that extends from the data centre to the cloud. Fortified with Vaultive's technology and its team, CyberArk is uniquely positioned to meet this critical need. We look forward to working closely with CyberArk customers around the world to advance their privileged account security strategies for the cloud.”

CyberArk also sees potential in the privileged account market. The company cites IDC figures that show worldwide spending on public cloud services and infrastructure may reach $277 billion in 2021.

CyberArk offers a number of security solutions for the market. CyberArk Conjur allows organisations to gain a comprehensive secrets management solution for DevOps toolchains and cloud-native applications. Additionally, CyberArk offers cloud platform support across AWS, Microsoft Azure and Google Cloud Platform (GCP) and has validated the ability to stand up a privileged account security solution in AWS in 15 minutes or less.

Link image
Report: Fortinet releases latest analysis of the cyberthreat landscape
Learn about the latest cyber-threat trends from the newest release of the Fortinet Threat Landscape Report, including remote desktop protocol vulnerabilities and why cybersecurity automation is part of a comprehensive cyber hygiene practice. Download it for FREE.More
Story image
09 Aug
Cybersecurity companies bring advanced encryption and quantum tech to Aus
“This is an outstanding example of world leading Australian cyber security research and development being commercialised to our domestic market and demonstrating its importance to export markets.”More
Story image
13 Aug
Oracle to launch Gen 2 Cloud region in Sydney
Oracle’s Generation 2 Cloud is getting ever closer to its launch day in Australia, as its new Sydney region prepares to go live by the end of August.More
Story image
20 Aug
Why healthcare organisations must examine their network visibility - ExtraHop
Hackers and cyber criminals place a high value on the patient data healthcare providers have in their records.More
Story image
14 Aug
BitSight announces enterprise analytics to help security leaders manage risk
The solution provides visibility into which groups have the biggest impact on their organisations' overall cyber risk posture and helps identify areas for security performance improvement.More
Story image
14 Aug
Venafi announces guarantee for no certificate-related outages
Eliminating certificate-related outages within complex, multi-tiered architectures can feel like an impossible effort.More