11:25 AM

CyberArk Buys Vaultive for Privileged Account Security Technology

The account security firm will use Vaultive's tech to protect privileged users at heightened risk for cyberattacks.

CyberArk today confirmed it has acquired certain assets of Vaultive, a privately held cloud security provider. The account security firm plans to build on Vaultive's technology to protect highly privileged account holders, who are frequent targets of cybercrime.

Specifically, CyberArk is focusing on its Privilege Account Security Solution, which already exists to block privileged account exploitation on-prem and in hybrid cloud environments. Vaultive will bring more visibility and control to privileged users and SaaS, IaaS, and PaaS administrators. It also brings a cloud-native and mobile experience to CyberArk's tool.

Both privileged users and SaaS, IaaS, and PaaS admins use a range of software and services that must be monitored. The idea behind this acquisition, terms of which were not disclosed, is to provide that monitoring in greater detail both on-prem and in the cloud.

Read more details here.




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