Centrify, the leader in securing enterprise identities against cyberthreats, today announced it has been named a Leader in the Forrester Research, Inc., July 2016 report, “The Forrester Wave™: Privileged Identity Management, Q3 2016.”  The report evaluated 10 vendors based on 22 criteria, including current offering, strategy and market presence.  Centrify’s evaluated solution consisted of both Centrify Server Suite and Centrify Privilege Service.

“Centrify offers the first SaaS PIM password safe in the industry,” states the report. “The SaaS-only password safe solution supports clustering… (and) has outstanding support for SaaS apps and IaaS platforms and offers flexible and customizable reporting features.”

Centrify Server Suite and Privilege Service together address today’s growing gap in security, visibility and control over privileged accounts. Centrify achieved the highest possible score for the largest number of managed/monitored endpoints– reflecting, in our opinion, the solutions’ wide deployment and enterprise-scale.

The primary challenge in securing the modern enterprise is accounting for numerous privileged identities, especially as organizations increasingly move workloads to the cloud and outsource many of their critical functions. Forrester estimates that 80 percent of security breaches involved privileged credentials.

“PIM solutions that are purely on-premises are no longer enough to secure privileged access to hybrid infrastructure and applications,” said Tom Kemp, CEO of Centrify. “Identity is at the heart of security, and Centrify is the only vendor to provide PIM as a service to safeguard data and ensure maximum protection against security breaches in today’s modern enterprise.”

Privilege Service complements and extends the broad set of capabilities for identity consolidation, privilege management and privileged session auditing found in the flagship Centrify Server Suite by providing shared account password management for servers, network devices and Infrastructure-as-a-Service (IaaS). In addition, Privilege Service addresses security and audit requirements for controlling access to critical systems both on-premises and in the cloud by remote employees and third parties—all without the hassle of a Virtual Private Network (VPN).

“We are extremely proud to be recognized by Forrester as a Leader in Privileged Identity Management,” said Kemp. “We consider this honour to be validation of all our hard work and commitment to designing, building and delivering the best PIM products to market. The industry has spoken loud and clear: Centrify is the go-to vendor in the PIM market.”