{"id":13521,"date":"2020-05-13T13:10:30","date_gmt":"2020-05-13T13:10:30","guid":{"rendered":"https:\/\/yourchennai.com\/?p=13521"},"modified":"2020-05-13T13:10:30","modified_gmt":"2020-05-13T13:10:30","slug":"cyberark-acquires-identity-as-a-service-leader-idaptive","status":"publish","type":"post","link":"https:\/\/yourchennai.com\/index.php\/2020\/05\/13\/cyberark-acquires-identity-as-a-service-leader-idaptive\/","title":{"rendered":"CyberArk Acquires Identity as a Service Leader Idaptive"},"content":{"rendered":"<div style=\"margin-top: 0px; margin-bottom: 0px;\" class=\"sharethis-inline-share-buttons\" ><\/div><p style=\"text-align: justify;\"><a href=\"https:\/\/www.cyberark.com\/\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/www.cyberark.com\/&amp;source=gmail&amp;ust=1589460307373000&amp;usg=AFQjCNEfX9o5AI7T3fvFZK466xVxktAoqg\">CyberArk<\/a>\u00a0(NASDAQ:\u00a0<a href=\"https:\/\/investors.cyberark.com\/home\/default.aspx\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/investors.cyberark.com\/home\/default.aspx&amp;source=gmail&amp;ust=1589460307374000&amp;usg=AFQjCNEa0OhKzN98sgvRdK4DSa1XZ0mb9Q\">CYBR<\/a>), the global leader in\u00a0<a href=\"https:\/\/www.cyberark.com\/privileged-access-management\/\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/www.cyberark.com\/privileged-access-management\/&amp;source=gmail&amp;ust=1589460307374000&amp;usg=AFQjCNH7oxNnPyl4y5fa9wQUsuwKzdwQZQ\">privileged access management<\/a>, today announced it has acquired Santa Clara, California-based IDaptive Holdings, Inc. (Idaptive). Together,\u00a0<a href=\"https:\/\/www.cyberark.com\/cyberark-acquires-idaptive\/\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/www.cyberark.com\/cyberark-acquires-idaptive\/&amp;source=gmail&amp;ust=1589460307374000&amp;usg=AFQjCNGhDO0CDNXnSgAKqAH-XrjPeZzfeg\">CyberArk and Idaptive<\/a>\u00a0will deliver the industry\u2019s only modern identity platform with a security-first approach.<\/p>\n<p style=\"text-align: justify;\">As organizations move IT resources to hybrid and multi-cloud environments, and accelerate automation and\u00a0<a href=\"https:\/\/www.cyberark.com\/solutions\/digital-transformation\/\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/www.cyberark.com\/solutions\/digital-transformation\/&amp;source=gmail&amp;ust=1589460307374000&amp;usg=AFQjCNHP20wdcUcpnUFV1xCzVEp-xDxy8A\">digital transformation<\/a>\u00a0initiatives, the number of\u00a0<a href=\"https:\/\/www.cyberark.com\/products\/privileged-account-security-solution\/\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/www.cyberark.com\/products\/privileged-account-security-solution\/&amp;source=gmail&amp;ust=1589460307374000&amp;usg=AFQjCNFZlDvfSvodiTuiVh6on3oHqteZXg\">privileged credentials<\/a>\u00a0associated with human, application and machine identities continues to grow exponentially. And so do the risks. In modern IT environments, all identities can become privileged under certain conditions, based on the systems, environments, applications or data they are accessing, or the types of operations they are performing.<\/p>\n<p style=\"text-align: justify;\">A traditional approach to access management is often not enough to prevent unauthorized\u00a0activity. Today, users of all types are provisioned\u00a0some form of\u00a0<a href=\"https:\/\/www.cyberark.com\/products\/privileged-account-security-solution\/core-privileged-account-security\/\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/www.cyberark.com\/products\/privileged-account-security-solution\/core-privileged-account-security\/&amp;source=gmail&amp;ust=1589460307374000&amp;usg=AFQjCNFkZFbXqI8_-LXlxl6grLoLXV_KIg\">privileged\u00a0access<\/a>, exposing critical systems and creating pathways for threat actors to execute increasingly targeted\u00a0attacks. Compromised and weak credentials are reported\u00a0as the cause for more than 80% of data breaches.<sup>1<\/sup><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-13522\" src=\"https:\/\/yourchennai.com\/wp-content\/uploads\/2020\/05\/Cyberark-Logo.jpg\" alt=\"Cyberark Logo\" width=\"900\" height=\"500\" srcset=\"https:\/\/yourchennai.com\/wp-content\/uploads\/2020\/05\/Cyberark-Logo.jpg 900w, https:\/\/yourchennai.com\/wp-content\/uploads\/2020\/05\/Cyberark-Logo-300x167.jpg 300w, https:\/\/yourchennai.com\/wp-content\/uploads\/2020\/05\/Cyberark-Logo-768x427.jpg 768w\" sizes=\"auto, (max-width: 900px) 100vw, 900px\" \/><\/p>\n<p style=\"text-align: justify;\">This\u00a0new reality requires a\u00a0new kind of Identity Security platform.<\/p>\n<p style=\"text-align: justify;\">Through the acquisition, CyberArk and Idaptive will deliver a comprehensive Artificial Intelligence (AI)-based, security-first approach to managing identities that is adaptive and context-aware, and architected on the principles of Zero Trust and least privilege access, to dramatically reduce risk. CyberArk will extend its ability to manage and protect identities with various levels of privileges across\u00a0<a href=\"https:\/\/www.cyberark.com\/solutions\/digital-transformation\/cloud-virtualization-security\/\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/www.cyberark.com\/solutions\/digital-transformation\/cloud-virtualization-security\/&amp;source=gmail&amp;ust=1589460307374000&amp;usg=AFQjCNEdBjzyjg5xEEikVcJvYBDZ90YAlg\">hybrid and multi-cloud environments<\/a>, enabling customers to improve their overall security posture with a more efficient and seamless user experience, and address ever-increasing and complex regulatory requirements.<\/p>\n<p style=\"text-align: justify;\">Idaptive is\u00a0<a href=\"https:\/\/www.idaptive.com\/resources\/analyst-reports\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/www.idaptive.com\/resources\/analyst-reports&amp;source=gmail&amp;ust=1589460307374000&amp;usg=AFQjCNEWtlJAX6KH5pwtpQyTEHtTdXdLCA\">recognized as a leader<\/a>\u00a0by industry analyst firms for capabilities including:<\/p>\n<ul style=\"text-align: justify;\">\n<li>Comprehensive Single Sign-On (SSO), Multi-Factor Authentication (MFA) and identity lifecycle management for workforce, third-party, machine and consumer identities<\/li>\n<li>AI-powered adaptive SSO and MFA capabilities to escalate suspicious user interactions while \u201cfast tracking\u201d non-risky requests to enable users to be both secure and productive<\/li>\n<li>Improved operational efficiencies delivered through robust multi-directory support that doesn\u2019t require the replication of identity information<\/li>\n<\/ul>\n<p style=\"text-align: justify;\">\u201cWith cyber attacks on the rise, organizations need modern, comprehensive solutions to make better, continuous access and authorization decisions for the broadest range of users,\u201d said Udi Mokady, founder, chairman and CEO, CyberArk. \u201cWith Idaptive, CyberArk will offer customers a SaaS-delivered, security-first approach to managing identities \u2013 with Privileged Access Management at its core \u2013 that reduces risk, simplifies operations and improves business agility. We are thrilled to welcome the Idaptive team to CyberArk.\u201d<\/p>\n<p style=\"text-align: justify;\">The total purchase price for the acquisition of Idaptive was $70 million in cash consideration.<\/p>\n<p>1- 2019 Verizon Data Breach Investigations Report<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CyberArk\u00a0(NASDAQ:\u00a0CYBR), the global leader in\u00a0privileged access management, today announced it has acquired Santa Clara, California-based IDaptive Holdings, Inc. (Idaptive). Together,\u00a0CyberArk and Idaptive\u00a0will deliver the<\/p>\n","protected":false},"author":1,"featured_media":13523,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[32,30],"tags":[17887,17889,17888,17892,17890,17891,17871],"class_list":["post-13521","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-companies-economy","category-news-business-political-national-realestate","tag-cyberark","tag-idaptive","tag-identity-as-a-service","tag-identity-security","tag-leader","tag-privileged-access-management","tag-saas"],"views":773,"jetpack_featured_media_url":"https:\/\/yourchennai.com\/wp-content\/uploads\/2020\/05\/Cyberark-acquires-Idaptive.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/yourchennai.com\/index.php\/wp-json\/wp\/v2\/posts\/13521","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/yourchennai.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/yourchennai.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/yourchennai.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/yourchennai.com\/index.php\/wp-json\/wp\/v2\/comments?post=13521"}],"version-history":[{"count":1,"href":"https:\/\/yourchennai.com\/index.php\/wp-json\/wp\/v2\/posts\/13521\/revisions"}],"predecessor-version":[{"id":13524,"href":"https:\/\/yourchennai.com\/index.php\/wp-json\/wp\/v2\/posts\/13521\/revisions\/13524"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/yourchennai.com\/index.php\/wp-json\/wp\/v2\/media\/13523"}],"wp:attachment":[{"href":"https:\/\/yourchennai.com\/index.php\/wp-json\/wp\/v2\/media?parent=13521"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/yourchennai.com\/index.php\/wp-json\/wp\/v2\/categories?post=13521"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/yourchennai.com\/index.php\/wp-json\/wp\/v2\/tags?post=13521"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}