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CyberArk Acquires Vaultive to Advance Privileged Account Security for the Cloud

March 2018 by Marc Jacob

CyberArk
announced the acquisition of certain assets of privately-held Vaultive, Inc.,
a cloud security provider. The deal closed today.

The CyberArk Privileged Account Security
Solution is
the industry’s most comprehensive solution for protecting against privileged account
exploitation anywhere - on-premises, in hybrid cloud
environments
and across
DevOps
workflows. Building upon the Vaultive technology, CyberArk will deliver greater
visibility and control over privileged business users, and Software-as-a-Service
(SaaS), Infrastructure-as-a-Service (IaaS) and Platform-as-a-Service (PaaS)
administrators. By delivering a cloud-native and mobile experience, Vaultive will
extend the CyberArk solution to these highly privileged users, which are frequent
targets for cyber attacks.

According to IDC, worldwide spending on public cloud services and infrastructure is
forecast to reach $277 billion in 2021.1 Privileged business users and SaaS, IaaS
and PaaS administrators have broad and often unlimited access to a range of social
media, web-based sales operations and financial applications. That access must be
monitored and controlled consistently across multiple types of applications, and be
done in a way that doesn’t change the way cloud administrators and privileged
business users work.

This acquisition furthers CyberArk’s leadership in securing modern infrastructure
and applications. Using CyberArk Conjur, organizations 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.
With the acquisition of Vaultive, CyberArk extends its leadership to secure
privileged
access to
SaaS, IaaS and PaaS applications by administrators and privileged business users.

1 - IDC Press Release, Worldwide Public Cloud Services Spending Forecast to reach
$160 Billion this year, According to IDC, January 2018


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