A vendor from BAKOTECH’s portfolio, identity security solutions developer CyberArk was named a leader in the Gartner® Magic Quadrant™ for Privileged Access Management, 2023. It’s been recognized in this report for the fifth time in a row. In addition, CyberArk is the only vendor to be recognized as a leader in both the Gartner Magic Quadrant Privileged Access Management (PAM) and Access Management reports.

The CyberArk Identity Security platform allows organizations to protect all accounts, including personnel, IT, developers, and application credentials, from cyber threats with intelligent privileged controls. With CyberArk, customers get a single, unified account security platform that delivers operational efficiency and a fast return on investment. At the core of the platform is a PAM solution that provides always-on, zero-day, and just-in-time privileged access protection across hybrid and multi-cloud environments and improves secret management to significantly reduce the risk of credential theft.

“We are proud to be recognized as a Gartner Leader once again. We believe this award emphasizes our dedication and success in continuously innovating to meet the changing needs of our customers,” said Matt Cohen, CEO of CyberArk.
“In today's threat-filled environment, every account is an attack target. That's why we continue to expand our intelligent privileged access controls while developing deep product integrations on our platform. This gives security teams the control and visibility they need to protect credentials across the enterprise.”

The vendor's world-recognized solutions are available to customers in Ukraine, the Baltic States, Azerbaijan, Georgia, Kazakhstan, Uzbekistan, Turkmenistan, Tajikistan, and Kyrgyzstan through BAKOTECH, the official distributor of CyberArk solutions in these regions.
BAKOTECH is an international True Value-Added distributor that goes far beyond the usual logistics distribution model to provide maximum value to partners and end customers.
BAKOTECH's technical specialists make up 25% of the entire staff and are qualified engineers with deep product expertise. Each vendor has a separate compact team consisting of engineers, business development managers, and even marketing specialists.
For any questions about CyberArk solutions, use the email: moc.hcetokab%40krarebyc

CyberArk believes that its continued recognition as a leader is a result of its focus on core fundamentals, including:
● Continuous innovation: CyberArk continues to build on its core strengths in PAM and innovation through its CyberArk PAM-as-a-Service and self-hosted options. CyberArk has expanded its control capabilities across the entire credential lifecycle. Recent innovations address new use cases for secure developer access to public cloud workloads and services. New capabilities include instant privileged access management and automated workflows with little or no code to enable automated account orchestration. CyberArk's secret management, which is an essential part of PAM, is distinguished by its ability to centrally protect, manage, and change secrets used by a wide variety of applications. Earlier this year, CyberArk announced expanded secret management capabilities, new AI-powered policy creation automation to improve endpoint privilege security, and the ability for PAM administrators to broker, log, and secure native privileged sessions with a single click.
● Exceptional customer experience: CyberArk provides flexible, closely aligned sales, technical support and deployment resources worldwide to help customers accelerate time to value. Over the past year, CyberArk has introduced new training programs and updates to the CyberArk Blueprint for Identity Security Success, in addition to ongoing free access to resources such as the CyberArk Technical Community and the CyberArk Success Blog. According to Gartner Peer InsightsTM, CyberArk has a 91% recommendation rating.
● High performance and quality of services: CyberArk Security Services, together with its global network of channel partners, MSPs, global system integrators, and consulting firms, helps many of the world's largest enterprises design, deploy, and optimize PAM and account security programs. CyberArk continues to maintain strong and consistent growth among its partner community through expanded training and development programs. Now, more than ever, CyberArk's global ecosystem of C3 Alliance technology partners is critical to helping security teams consolidate and maximize existing investments to mitigate new risks and address emerging identity security challenges.

About CyberArk  

CyberArk (NASDAQ: CYBR) is a global leader in personal data protection. With a focus on intelligent privilege control, CyberArk provides the most comprehensive security offering for any credential across business applications, distributed workgroups, hybrid cloud environments, and the entire DevOps lifecycle. The world's leading organizations trust CyberArk to protect their most critical assets.