Thycotic Announces Plans to Give Away $100 Million Worth of Privileged Account Management Security Software

WASHINGTON, March 22, 2016 /PRNewswire/ -- Thycotic, a provider of privileged account management (PAM) solutions for more than 3,500 organizations worldwide, today announced the release of Secret Server Free, a no-cost version of the company's fundamental security layer which protects against cyber-attacks that target privileged accounts to obtain an organizations most critical information assets. Secret Server Free will provide customers a $5,000 value, at no-cost, to protect their privileged account credentials. By the end of the year, Thycotic plans to protect more than 20,000 global organizations against cyber-attacks giving away a total of total $100 million worth of free privileged account security software.

"At Thycotic, we are on a global mission to help IT teams worldwide protect their organizations from hackers and have already done so for more than 3,500 organizations, said James Legg, CEO of Thycotic. "With the introduction of Secret Server Free, we will continue towards accomplishing this undertaking by making it easier, and more affordable, for IT teams to prevent cyber-attacks leveraging our industry-leading PAM security software at no cost to them."

Privileged accounts exist on nearly every aspect of the business network and are considered the 'keys to the IT kingdom.' If compromised, these accounts can provide an external attacker or malicious insider with control of all parts of the organizations IT infrastructure and critical business data. Thycotic Secret Server Free helps businesses automatically discover and secure privileged accounts, monitor privileged account activity, and protect against cyber-attacks before they can strike vital systems and compromise sensitive data.

Key Secret Server Free benefits include:

• The fastest to deploy, easiest to use privileged password security solution
• Support for up to 100 users, protecting up to 1,000 privileged account passwords
• Integrates with Active Directory
• RDP/PuTTY Support
• Mobile Apps
• Privileged password storage with military-grade encryption
• Award-winning service and support

Thycotic has set a goal to protect more than 20,000 global organizations, and give away $100 million worth of free privileged account security software, by the beginning of Cybersecurity Awareness Month in October. To get started with Secret Server Free, please visit thycotic.com/SecretServerFree. To learn more about Thycotic and their PAM solutions, please visit the company's website and follow Thycotic on Twitter at @Thycotic.

About Thycotic
Thycotic, a global leader in next-generation IT security solutions, delivers an indispensable, comprehensive Privileged Account Management (PAM) solution to protect your "keys to the kingdom" from cyber-attacks and insider threats. Unlike any other security offering, Thycotic Secret Server assures the protection of privileged accounts while being the fastest to deploy, easiest to use, scalable enterprise-class solution offered at a competitive price. Already securing privileged account access for more than 3,500 organizations worldwide, including Fortune 500 enterprises, Thycotic Secret Server is simply your best value for PAM protection. For more information, please visit www.thycotic.com.

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