By Jordan True
Secret Server Solution Leads Way in Privileged Account Management Solutions Market
We are thrilled to announce that we’ve ranked No. 18, ahead of companies such as CyberArk and ManageEngine on Cybersecurity Ventures’ Cybersecurity 500 list. This marks our third consecutive time moving up in the rankings. Cybersecurity Ventures is a market intelligence and research firm covering the cybersecurity market, focusing on emerging and startup cybersecurity companies.
“Thycotic leaped ahead of CyberArk and the rest of the burgeoning privileged access security sector based on their recent market traction and best-in-class products — moving up the list for the third consecutive quarter and landing at No. 18,” said Steve Morgan, founder and editor in chief at Cybersecurity Ventures. “Given their success in the market, we were happy to have recently co-sponsored Thycotic’s 2016 State of Privileged Account Management Report which was released earlier this summer, supporting their deep knowledge and expertise in this space.”
According to Cybersecurity Ventures, the Cybersecurity 500 list ranks the most innovative companies in the industry. Thycotic’s Secret Server solution automatically detects privileged accounts across the enterprise and helps IT professionals visualize the resulting compliance gaps and security vulnerabilities. This automated process reduces the time-consuming and error-prone task of manually tracking and updating privileged credentials, thereby decreasing IT operational costs. This enhanced visibility significantly improves the security posture of organizations and facilitates adherence to rigorous audit and compliance standards.
“Buyers need simplicity from their security software solutions and our customers get a chance to see the value from our solution from day one,” said James Legg, CEO at Thycotic. “We’re thrilled to continually innovate in this market and the Cybersecurity 500 rankings validate that our PAM solution is industry-leading.”