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Thycotic Named a Visionary in the 2018 Gartner Magic Quadrant for Privileged Access Management

Press Release from Thycotic Software Ltd.

WASHINGTON, Dec. 7, 2018 /PRNewswire/ -- Thycotic, provider of privileged account management (PAM) solutions for more than 10,000 organizations worldwide, today announced that it has been named a Visionary by Gartner, Inc. in its December 2018 Magic Quadrant for Privileged Access Management.1

www.thycotic.com (PRNewsFoto/Thycotic)

Gartner recently published its top 10 Security Projects for 2018 with Privileged Account Management listed as No. 1.2

PAM security provides a more inclusive picture of security events that involve privileged accounts and gives IT security staff a better indication of security problems that need to be corrected, or those that require additional analysis.

Thycotic's Secret Server solution, which provides enterprise-grade password security and privileged account management for organizations of all sizes and any type of deployment, was evaluated based on completeness of vision and ability to execute.

"We believe our position as a Visionary in this report emphasizes the impact our solution has in providing companies with securing access to sensitive systems and reducing the risk of getting compromised by disclosed passwords on the dark web," said Joseph Carson, chief security scientist at Thycotic. "One of the major reasons that Privileged Access Management is the top priority for organizations in 2018 is that it saves them time and money while reducing risk."

1. Gartner, Magic Quadrant for Privileged Access Management, Felix Gaehtgens, Dale Gardner, Justin Taylor, Abhyuday Data, Michael Kelley, 3 December 2018.

2. Gartner, Smarter with Gartner, Gartner Top 10 Security Projects for 2018, 6 June 2018. https://www.gartner.com/smarterwithgartner/gartner-top-10-security-projects-for-2018/.

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Thycotic

The easiest to manage and most readily adopted privilege management solutions are powered by Thycotic. Thycotic's security tools empower over 10,000 organizations, from small businesses to the Fortune 500, to limit privileged account risk, implement least privilege policies, control applications, and demonstrate compliance. Thycotic makes enterprise-level privilege management accessible for everyone by eliminating dependency on overly complex security tools and prioritizing productivity, flexibility and control. Headquartered in Washington, DC, Thycotic operates worldwide with offices in the UK and Australia. For more information, please visit www.thycotic.com.

For further information,please contact:

Steve Kahan

Jacqueline Velasco

Thycotic

Lumina Communications

T: 202-802-9399

T: 408-680-0564

E: steve.kahan@thycotic.com

E: thycotic@luminapr.com

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