BR +55 11 3069 3925 | USA +1 469 620 7643

  • HELP ME
  • BLOG
  • Português
  • BR +55 11 3069 3925 | USA +1 469 620 7643
  • Português
logo senhasegura
  • SOLUTIONS
  • PRODUCTS
  • SERVICES AND SUPPORT
  • PARTNERS
  • COMPANY
  • CONTACT
  • DEMO

Compliance

and Audit

Audit

PCI DSS

SOX

ISO 27001

HIPAA

NIST

GDPR

ISA 62443 |

Industry 4.0

Security and

Risk Management

Privilege Abuse

Third Party Access

Privileged Access Recording

Insider Threat

Data Theft Prevention

Hardcoded Passwords

Password Reset

Solutions

By Industry

Energy and Utilities

Financial

Government

Health Care

Legal

Telecoms

Retail

senhasegura

Testimonials

See Testimonials

360º Privilege Platform

Account and

Session

PAM Core

Domum

Remote Access

PAM SaaS

GO Endpoint

Manager

GO Endpoint

Manager Windows

GO Endpoint

Manager Linux

DevOps Secret

Manager

DevOps Secret

Manager

Multi

Cloud

Cloud IAM

Certificate

Manager

Certificate

Manager

Privileged

Infrastructure

PAM Crypto Appliance

PAM Virtual Crypto Appliance

PAM Load Balancer

Delivery : On Cloud (SaaS) | On-premises | Hybrid

Services

and Support

Documentation

Solution Center

Suggestions

Training and Certification

Deployment and Consulting

PAMaturity

PAM 360º

Support Policy

senhasegura

Resources

Rich Materials

Customer Cases

Webinars Calendar

senhasegura Stickers

 BLOG

CONTENT

Is your company really prepared for a cyber attack?

The Pillars of Information Security

7 signs that your company needs to improve the security of sensitive data

See more articles about cybersecurity

Technical

Information

How it works

Product Archicture

Integration

Security

High availability and contingency

Privileged Auditing (Configuration)

Privileged Change Audit

Features and

Functionalities

ITSM Integration

Behavior Analysis

Threat Analysis

Privileged Information Protection

Scan Discovery

Task Management

Session Management (PSM)

Application Identity (AAPM)

SSH Key Management

Affinity Partner

Program

About the Program

Become a Partner

MSSP Affinity Partner Program

Security Alliance Program

Academy | E-learning for Certification

Affinity

Portal

Portal dedicated only for Partners to find commercial, marketing supporting materials and certification program of senhasegura.

Access Partner Portal

Opportunity

Booking

For our Commercial Team to support your sale more effectively, request your opportunity booking here.

Opportunity Booking Request

Find a

Partner

We work together to offer a better solution for your company.

Check all senhasegura partners

About

Company

About us

Why senhasegura

Press

Events

Career

Presence in the World

Terms of Use

End User License Agreement (EULA)

Privacy and Cookie Policy

Certification at senhasegura

senhasegura

Testimonials

See Testimonials

Latest

Reports

Gartner PAM Magic Quadrant 2021 Report

KuppingerCole Leadership Compass: PAM 2021

GigaOm Radar Report 2021

Gartner PAM Magic Quadrant 2020

Gartner Critical Capabilities for PAM 2020

Information Services Group, Inc. (ISG)

KuppingerCole Leadership Compass: PAM 2020

Contact our team

Request a Demonstration

PAM Market Trends According to Gartner

by senhasegura Blog Team | Aug 9, 2021 | BLOG

Protecting privileged credentials is essential in the cybersecurity strategies of companies of all sizes and verticals. According to Verizon in its Data Breach Investigations Report 2021, 61% of data leaks involved privileged credentials. No wonder they are called “keys to the kingdom”, as they allow access to valuable information from the organization and which are often targeted by cybercriminals. Thus, protecting these “keys” from malicious attackers, granting secure access, and properly monitoring the actions performed in the environment through privileged access is essential not only in your cybersecurity strategies but also for business continuity. 

It is no wonder that Gartner has chosen Privileged Access Management, or PAM, as the number-one security project for two years in a row. But what are the main trends and which capabilities offered by senhasegura meet the requirements established by the market according to Gartner?

First of all, we need to address what Gartner is and its importance to the technology market. Founded in 1979 in the city of Stamford, Connecticut, Gartner works through its network of 16,000 associates spread across 100 countries, assisting organizational leaders with their business insights. What makes Gartner different from other companies in this market is that, while most of them work only with management consulting for their clients, Gartner also works in the development of market research, in addition to events, when its analysts offer tech-related sessions for their clients and non-clients. 

Gartner defines the PAM market as a fundamental security technology that aims to protect human and non-human accounts (also called machine accounts or service accounts), credentials, and operations that offer a high level of privilege. This type of privileged access differs from others in that it allows maintenance features, configuration changes, and adjustments to the security controls implemented in an organization’s infrastructure. Thus, it is necessary to properly manage all accesses performed in the environment, and only authorized users should be able to access data and systems. It is worth mentioning that in a scenario of increasing cyberattacks and data leaks, one needs to implement strict controls to manage privileged user access. It is estimated that, by 2022, 90% of organizations will recognize that mitigating PAM risk is fundamental risk control, a 70% increase over 2020.

Since 2020, Gartner finds that the PAM market continues to mature with accelerated adoption. It is estimated that the size of this market will reach $2.9 billion in 2024, an increase of more than 50% if compared to 2018, and that it will reach $2.2 billion in 2021, an increase of 16% over the previous year. Also, Gartner estimates that, by 2022, 70% of organizations will implement practices associated with PAM across all of their use cases, a 40% increase over 2020.

This expansion comes through the increased adoption of PAM by companies of all sizes. Once limited to medium and large companies, we have seen increasing PAM implementation in small organizations, primarily due to the shift in cyberattackers’ focus. As global companies already have a certain maturity in cybersecurity, hackers have preferred to take advantage by exploiting vulnerabilities in those most vulnerable companies, which in many cases do not even have a specific area for Information Security. By 2022, 60% of organizations will realize the benefits of PAM, in addition to the greater reliability and faster responses to changing IT environments, a 30% increase over today. And to respond to this scenario, also considering the migration to remote working models, PAM vendors started to offer solutions in SaaS environments. This implementation model allows lower licensing, deployment, and operation costs as well as lower Time to Value.

In this scenario, while small businesses are starting with basic PAM use cases such as credential discovery, remote session management, and elevation of privilege, larger companies have been exploring more advanced use cases. These cases include, for example, protecting credentials used by machines and software, the so-called secrets, and auditing privileged sessions. In addition, global and large organizations have also been demanding more elevation of privilege for a limited time through Just-in-Time (JIT) approaches, allowing for a smaller attack surface and reduction of cyber risks. 

To help organizations of all sizes choose which PAM solution to deploy in their infrastructure, IT leaders should use Gartner’s Magic Quadrant reports as a guide. The Magic Quadrant for PAM allows you to assess different vendors and their market positioning, as well as their vision and how they perform according to Gartner’s market vision. This is done through the two axes of the quadrant: one axis representing the vendor’s market awareness, called Completeness of Vision, and the other that reflects the Ability to Execute its market view.

In the Magic Quadrant for PAM 2021 report, Gartner highlights the attention vendors have paid to remote privileged access and secret management in DevOps environments, as well as how PAM is currently a mature market. Even with a reduction to 10 vendors in the Magic Quadrant, once again, senhasegura was present as the only one from Brazil and Latin America. Positioned as a Challenger vendor, senhasegura stood out for its considerable evolution in the Ability to Execute axis. 

As a strong point, Gartner’s report brings the rapid improvement in senhasegura’s capabilities and our ability to deliver new product features in the last year. According to Gartner, senhasegura has one of the most technically advanced PAM solutions. Also, the report highlights our ability to discover and add privileged accounts and to automate privileged tasks, or PTA. Gartner chose senhasegura as the best solution on the market in these aspects. Another highlight in the report was our pricing policy, which is considered highly competitive and below average for all scenarios assessed by Gartner. 

Finally, the report brings the Customer’s Choice distinction as a strong point of senhasegura, which is obtained through the Peer Insights review platform. In their reviews, clients positively rated the ease of use of our PAM platform, highlighting the user-friendly interface and easy-to-implement features.

As a roadmap, Gartner highlights our plans to use Artificial Intelligence to analyze sensitive data in automation scripts and source code, in addition to the inclusion of Cloud Infrastructure Entitlement Management (CIEM) capability.

We at senhasegura are proud of the work we have done and the recognition of all this effort not only by Gartner, through the Magic Quadrant report, but also by our clients through the Peer Insights platform. These results indicate that we are on the right path towards the next magic quadrant: the leaders.

← The Pillars of Information Security - Part 2 Is your company really prepared for a cyber attack? →

Building Digital Manufacturing Through PAM

With the evolution of technology, manufacturing sectors are increasingly digitalized through solutions that optimize the processes carried out in these environments, reducing costs, eliminating human failures, and generating more productivity.  Among the technologies...
Read More

Just-In-Time Privileged Access: Understand this Subject

In this article, we present the concept of just-in-time privileged access, its benefits, and mode of operation, among other extremely important information on the subject. To facilitate your reading, we divided our text into topics. They are: What Is Just-In-Time...
Read More

What Can I Do to Decrease Cyber Insurance Amounts?

When it comes to information security, the risks to organizations are increasing by several factors. As an example, we can mention the increase in the number of cyberattacks, especially after the Covid-19 pandemic, which accelerated the mass adoption of remote work,...
Read More

What are the actions performed during a privileged access

Nowadays, cyber-attacks have become increasingly common and hit more and more companies, of all verticals and sizes. According to the SonicWall 2022 Cyber Threat report, the number of cyberattacks involving data encryption increased by 167% in 2021, reaching 10.4...
Read More

Achieving Sarbanes-Oxley (SOX) Compliance Using Cybersecurity Controls

The Sarbanes-Oxley Act (SOX) is primarily associated with business transparency and the use of accounting and financial controls to protect investors from fraudulent financial reporting. However, it is always important to remember the ever-increasing pivotal role...
Read More

Building Digital Manufacturing Through PAM

With the evolution of technology, manufacturing sectors are increasingly digitalized through solutions that optimize the processes carried out in these environments, reducing costs, eliminating human failures, and generating more productivity.  Among the technologies...
Read More

Just-In-Time Privileged Access: Understand this Subject

In this article, we present the concept of just-in-time privileged access, its benefits, and mode of operation, among other extremely important information on the subject. To facilitate your reading, we divided our text into topics. They are: What Is Just-In-Time...
Read More

What Can I Do to Decrease Cyber Insurance Amounts?

When it comes to information security, the risks to organizations are increasing by several factors. As an example, we can mention the increase in the number of cyberattacks, especially after the Covid-19 pandemic, which accelerated the mass adoption of remote work,...
Read More

What are the actions performed during a privileged access

Nowadays, cyber-attacks have become increasingly common and hit more and more companies, of all verticals and sizes. According to the SonicWall 2022 Cyber Threat report, the number of cyberattacks involving data encryption increased by 167% in 2021, reaching 10.4...
Read More

Achieving Sarbanes-Oxley (SOX) Compliance Using Cybersecurity Controls

The Sarbanes-Oxley Act (SOX) is primarily associated with business transparency and the use of accounting and financial controls to protect investors from fraudulent financial reporting. However, it is always important to remember the ever-increasing pivotal role...
Read More

Share This!

Copyright 2022 senhasegura | All Rights Reserved | Powered by MT4 Group
By continuing to use this website, you consent to our use of cookies. For more information, please read our cookie policy.AcceptRead Our Privacy and Cookie Statement
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT
Copy link
CopyCopied
Powered by Social Snap