Story image

CyberArk strengthens defenses against privileged account exploitation through Vaultive buyout

13 Mar 2018

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.

Microsoft appoints new commercial and partner business director
Bowden already has almost a decade of Microsoft relationship management experience under her belt, having joined the business in 2010.
Zoom’s new Rooms and Meetings features
Zoom has released information about the upcoming releases for its Rooms and Meeting offerings for 2019.
Aussie company set to democratise direct-to-orbit IoT access
Adelaide-based Myriota has released a developer toolkit that has been trialled and tested by a smart waste management platform.
Apple's AirPods now come with 'Hey Siri' functionality
The new AirPods come with a standard case or a Wireless Charging Case that holds additional charges for more than 24 hours of listening time.
Dynatrace takes pole position in APM Magic Quadrant
It placed highest on Ability to Execute and furthest on Completeness of Vision in the 2019 Quadrant for Application Performance Monitoring (APM).
HCL and Xerox expand strategic partnership
Under the terms of the agreement, HCL will manage portions of Xerox’s shared services, including global administrative and support functions.
Avaya expands integration with Google Cloud AI
This includes embedding Google’s machine learning within conversation services for the contact centre, enabling integration of AI capabilities.
Forrester names Crowdstrike leader in incident response
The report provides an in-depth evaluation of the top 15 IR service providers across 11 criteria.