Thycotic Secret Server 8.8 Honored as Silver Winner in the 10th Annual 2015 Hot Companies and Best Products Awards in Security Software

WASHINGTON, July 13, 2015 /PRNewswire/ -- Thycotic, a provider of smart and effective privileged account management solutions for global organizations, announced today that Network Products Guide, the industry's leading technology research and advisory guide, has named Thycotic Secret Server 8.8 a Silver winner of the 10th Annual 2015 Hot Companies and Best Products Awards in the Security Software (new or upgrade version) category. These industry and peer recognitions from Network Products Guide are the world's premier information technology awards honoring achievements and recognitions in every facet of the IT industry. Winners from all over the world were honored in San Francisco on Monday, June 29, 2015 during the 10th annual dinner and presentations.

More than 180,000 IT professionals worldwide are using Thycotic Secret Server to securely store, distribute and manage privileged account data such as server passwords, router passwords, local and root accounts, as well as service accounts in a secure, centralized repository. Thycotic Secret Server reduces the complexity associated with managing privileged users' access rights, helping organizations mitigate the risk of security breaches and compliance violations by strongly auditing privileged user activity within the vault as well as actively randomizing passwords on privileged endpoints.

An annual achievements and recognition awards program with active participation from a broad spectrum of industry voices, the coveted Hot Companies and Best Products award recognizes the world's best in organizational performance, products and services, hot technologies, executives and management teams, successful deployments, product management and engineering, customer satisfaction, and public relations in every area of information technology.

"This recognition of Thycotic Secret Server by Network Products Guide is an example of the amazing work our team has done creating a tool that companies of all sizes and industry verticals can use to manage their privileged accounts and avoid costly data breaches," said Jonathan Cogley, founder and CEO of Thycotic. "We continue to see increased customer growth because of the important role privileged account management plays in an organization's overall IT security strategy."

About Network Products Guide Awards

As the industry's leading technology research and advisory publication, Network Products Guide plays a vital role in keeping decision makers and end-users informed of the choices they can make in all areas of information technology. You will discover a wealth of information and tools in this guide including the best products and services, roadmaps, industry directions, technology advancements and independent product evaluations that facilitate in making the most pertinent technology decisions impacting business and personal goals. The guide follows conscientious research methodologies developed and enhanced by industry experts. To learn more, visit www.networkproductsguide.com

About Thycotic

Thycotic IT security and password management solutions empower companies to remove the complexities associated with proper access control and management of privileged accounts. An Inc. 5000 company, Thycotic is trusted by more than 3,000 customers worldwide – including members of the Fortune 500, enterprises, government agencies, technology firms, universities, non-profits and managed service providers. To learn more, please visit thycotic.com.

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SOURCE Thycotic

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