Cyber-Ark has established itself as one of the leading vendors of Privileged Access Management (PAM) solutions and offers one of the most functionally comprehensive products in the market. In addition, Cyber-Ark is active in the field of secure file transfer for secure document handling. The company was founded in 1999 and is investor financed.
Its flagship product is the Cyber-Ark Privileged Identity Management (PIM) Suite. The terms PIM, PAM and PUM (Privileged User Management) are often used synonymously, but KuppingerCole prefers the PAM designation. Whatever name is used, this is definitely one of the fastest growing markets in IT today since data leakage and other security issues associated with privileged user accounts are an increasing concern for most companies and organizations. Cyber-Ark enjoys a substantial lead in this market. While small functional weaknesses do exist, they are more than compensated for by the product's broad range of features and good usability. Cyber-Ark Privileged Identity Management (PIM) should definitely be on the shortlist of products from this segment of the market under consideration for evaluation and purchase.
