Secret Server Vault Edition Makes Enterprise-Class Privileged Account Management Accessible for Organizations of All Sizes

WASHINGTON, July 11, 2018 /PRNewswire/ -- Thycotic, provider of privileged account management (PAM) solutions for more than 7,500 organizations worldwide, today announced the release of Secret Server Vault Edition, the newest version of Thycotic's award-winning PAM solution. Secret Server Vault empowers small and department-level teams to discover, secure, manage, and audit privileged accounts with the same core security controls enterprises currently employ.

Effective privilege account management is predicted to reduce the financial impact of cyber attacks by 80 percent by 2020, according to a forecast at the 2018 Gartner Security Summit. By simplifying PAM management and removing the barriers to adoption so that everyone can benefit, Secret Server Vault Edition is critical to making this prediction a reality.

"Smaller organizations often suffer most from cyber attacks because they don't have the same defenses in place as enterprises and don't have the resources to recover quickly," said Jai Dargan, Vice President of Product Management at Thycotic. "Everyone deserves enterprise-level privilege protection; companies should never feel they have to sacrifice security or productivity for affordability."

The new edition of Secret Server gives organizations the power to:

• Discover, manage, and delegate access to privileged accounts intelligently with role-based access controls, military-grade encryption, two-factor authentication support, and centralized administration.
• Meet cyber security PAM best practices and regulatory obligations with immutable auditing and reporting, and event-driven email alerts.
• Integrate seamlessly with an organization's IT infrastructure, including Active Directory, SIEM solutions, and other business-critical cybersecurity technologies.
• Experience rapid time-to-value, with simple installation and an intuitive administration experience that empowers security professionals to configure and manage their PAM solution on their own terms.

Secret Server Vault Edition joins Thycotic's on-premise and cloud-based solutions, providing companies flexible options for privilege account management at every point on their PAM journey. Additionally, IBM Security recently announced that it will be offering IBM Security Secret Server, powered by Thycotic's technology.

To download a free trial of Secret Server, please visit https://thycotic.com/products/secret-server/.

About Thycotic
Thycotic, a global leader in IT security, is the fastest growing provider of Privilege Management solutions that protect an organization's most valuable assets from cyber-attacks and insider threats. Thycotic secures privileged account access for more than 7,500 organizations worldwide, including Fortune 500 enterprises. Thycotic's award winning Privilege Management Security solutions minimize privileged credential risk, limits user privileges and controls applications on endpoints and servers. Thycotic was founded in 1996 with corporate headquarters in Washington, D.C. and global offices in the U.K. and Australia. To learn more about Thycotic, please visit https://thycotic.com/ and follow Thycotic on Twitter at @Thycotic.

SOURCE Thycotic

Related Links

http://www.thycotic.com

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