NEW CENTRIFY SURVEY: Too Much Privilege, Not Enough PAM Powered by Zero Trust

I’m both a technology guy, and a numbers guy. I have Bachelor of Science degrees in both Accounting and Computer Science. I’ve held the CFO and VP of Finance titles at technology companies throughout my career, including at Centrify where I was CFO for 7 years before becoming CEO in January. But I’ve never painted myself as only a numbers guy because I’ve always had a very keen eye on the technology and operations. As CEO, now more than ever, I’m laser-focused on our innovation and ability to execute on our vision, which is to redefine legacy PAM with cloud-ready…

Gartner Names PAM a Top Security Project (AGAIN!) in 2019

Last June at the 2018 Gartner Security & Risk Management Summit, the analyst firm issued a “Smarter with Gartner” paper outlining the Top 10 security projects for 2018, which included Privileged Account Management. While Gartner clarified that the ten projects were in no particular order, PAM was right there at the top. This was not a surprise to Centrify, as we’ve seen global cybersecurity spending reach $124 billion but privileged credential abuse is still the leading attack vector. Forrester estimates that 80% of breaches involve a privileged identity, and that 66% of companies have been breached five times or more….

Five Reasons to Visit Centrify Booth #N6445 at RSA 2019

The 2019 RSA Conference is just around the corner, coming up March 4-8 at the Moscone Center in San Francisco! If you’ve never attended an RSA show before, this is the security event of the year and the best opportunity you’ll find to network with over 40,000 other security professionals — exchanging ideas, learning the latest trends and finding solutions that empower you to stay ahead of rapidly-evolving and increasingly-costly cyber threats. As usual, Centrify will have a significant presence at the event. We’ve moved from the South Hall into the North Hall, and will be offering demos, theater presentation and great…

Putting the Reins in Good Hands

After over 300 blog posts as CEO of Centrify, this will be my last Centrify blog post. The reason is because after having co-founded Centrify nearly 15 years ago and building it with a great team of fellow employees into a leading $100+ million in revenue cybersecurity company, I have handed over the reins. In fact, I have handed them to two people — Tim Steinkopf, who is now CEO of our Privileged Access/Identity Management business (aptly named Centrify!) and to Danny Kibel, who is now CEO our Next-Gen Access Management spin out from Centrify called Idaptive. The fact that…

Myth vs Reality: Join as Centrify Debunks 5 Myths of Zero Trust Security

In 2018, Zero Trust Security gained a lot of popularity, as more organizations recognized the merit of the Zero Trust approach to security. We saw the term go from being a buzzword to an actual security approach that organizations have engaged and started to implement. That’s the good news. The bad news is that when it comes to actually implementing a Zero Trust Security model, many still don’t know where to start. And there are several misconceptions surrounding Zero Trust that further impede adoption. This might explain why, despite the rise in awareness about Zero Trust Security, an incredible 66%…

The State of Cyber Security in Healthcare

The privacy and security concerns associated with digital patient records make the healthcare industry one of the most regulated industries in the United States. Regulations such as the Health Insurance Portability and Accountability Act (HIPAA) and the Health Information Technology for Economic and Clinical Health (HITECH) Act create a much higher standard of scrutiny than other verticals with regards to privacy and disclosure requirements. However, being compliant doesn’t mean you’re secure. Traditionally, healthcare providers’ mission is to save lives. As a result, IT security departments are typically not a top priority when it comes to budget dollars and are often…

CEO Fraud Continues to Rear Its Ugly Head

As CEO of Centrify, I have been writing about “CEO Fraud” — whereby scammers send emails that impersonate senior executives to obtain money or data — for well over three years now. I have blogged about it based on first-hand encounters, presented on it and the broader topic of “business email compromise” (BEC) at the 2016 RSA Conference, and was even interviewed on a nightly news show about it (scroll to 18:30 to see yours truly wax poetic). But I am not the “vox clamantis in deserto” (“voice crying out in the wilderness” for those that know Latin, or you…

Zero Trust Lessons from a Holiday Classic

Every year when the holidays roll around, I’m amazed at the way shopping deals dominate the headlines. Black Friday and Cyber Monday are annual juggernauts that produce some amazing opportunities for shoppers and retailers alike. Yet this year, even the mighty shopping season has taken back-seat to the continuing domination of security breaches in the press. With $114 billion being spent on Information Security products and services in 2018, as estimated by Gartner, we should see the frequency of data breaches going down. Instead, rather than seeing fewer headlines, we’re seeing more. In the past two weeks alone we’ve seen…

Gartner Names Centrify a Leader in Magic Quadrant for Privileged Access Management (PAM)

On December 3, 2018 Gartner released The Magic Quadrant for Privileged Access Management, Q4 2018. Evaluating 14 vendors, Gartner positioned Centrify in the LEADERS quadrant. Here at Centrify, we believe this is a strong validation of Centrify’s Zero Trust Privilege approach to privileged access management. A complimentary version of this report is available for download here. As breaches and attacks grow, the market is finally realizing that importance of PAM not just for compliance, but as a strong security control. At Gartner’s Security and Risk Management Summit in June 2018, Neil MacDonald noted in the keynote that PAM was one of the Top…

Forrester Names Centrify a Leader in Privileged Identity Management

Today Forrester Research released The Forrester Wave™: Privileged Identity Management, Q4 20181. Evaluating 11 vendors, Forrester named Centrify a Leader. Here at Centrify, we believe this is a strong validation of Centrify’s Zero Trust Privilege approach to privileged identity management. A complimentary version of this report is available for download here. Centrify is redefining the legacy approach to Privileged Identity Management by delivering cloud-ready Zero Trust Privilege to secure modern enterprise use cases. Zero Trust Privilege mandates a “never trust, always verify, enforce least privilege” approach. Centrify Zero Trust Privilege helps customers grant least privilege access based on verifying who is requesting access, the…