Delinea - Experts & Thought Leaders

Delinea, a provider of solutions that seamlessly extend Privileged Access Management (PAM) announced the introduction of Privilege Control for Servers on the Delinea Platform, enforcing least privilege principles on critical systems consistently across identities to combat stolen credentials and restrict lateral movement. Delinea Platform The Delinea Platform combines enterprise vaulting, VPN-less privileged remote access, and privilege controls to enforce just-in-time and just enough privileges to provide a more secure, resilient, scalable SaaS solution that expands with an organisation’s needs.  Delinea is changing how organisations enforce privilege as the new perimeter of security to reduce risk, more easily meet compliance, and improve productivity on a single unified cloud-native platform. Need for a multi-layered security approach The average ransomware payout escalated dramatically from $812,380 in 2022 to $1,542,333 in 2023 According to Verizon’s 2023 research, stolen credentials were involved in nearly half (49%) of the breaches in 2023. A report from Sophos indicates that the average ransomware payout escalated dramatically from $812,380 in 2022 to $1,542,333 in 2023, highlighting the increasing financial stakes for victims.  Organisations need a multi-layered security approach to limit privileges so that if credentials or identities are compromised, they can limit the impact of ransomware and other threats. Prevent lateral movement to contain cyber incidents As part of the Delinea Platform, which provides seamless and easy-to-deploy PAM, Privilege Control for Servers centrally elevates privileges on Active Directory identities as needed to limit standing privileges, enforcing least privilege best practices. Customers can limit shared credential sprawl & manage privileged access to Windows, Linux, and Unix servers in hybrid cloud environments, which are enforced on the machine, limiting lateral movement. Customers can enforce Multi-Factor Authentication (MFA) at vault log-in, credential access, server log-in, and privilege elevation using MFA at depth, providing identity assurance to mitigate the risk of compromised credentials or identities and meet increasing regulatory and cyber insurance requirements. VPN-less and agentless privileged remote access For remote workers and vendors, VPN-less and agentless privileged remote access provides a secure means of accessing critical resources and data, whether using a vaulted credential or an Active Directory identity, without ever seeing or entering a credential.  Privileged activities are consistently authorised based on policies, and remote sessions are recorded and audited. AI-driven auditing As a shared capability, session, and audit data is unified and saved in the Delinea Platform, simplifying storage In Privilege Control for Servers, session recording and auditing occur on the host, so data cannot be altered. As a shared capability, session, and audit data is unified and saved in the Delinea Platform, simplifying storage and access while taking advantage of Delinea’s innovative AI-driven auditing (in public preview) to dramatically reduce the time to identify potentially dangerous activities without manually reviewing hours of session recordings. Privilege is the new perimeter of security “Threats like ransomware continue to evolve, and organisations need to reduce the risk of stolen credentials and lateral movement drastically. As identities and environments become more complex, privilege is the new perimeter of security,” said Phil Calvin, Chief Product Officer at Delinea. “The introduction of Privilege Control for Servers adds even more robust authorisation to the Delinea Platform, the first cloud-native unified PAM platform that is more secure, resilient, and scalable than other solutions.” First unified cloud-native PAM platform Privilege is the new perimeter of security for modern enterprises. Privilege Control for Servers provides deeper and more robust privilege protection as part of the Delinea Platform. Customers can layer security defences on privileged activities with Secret Server for shared credentials, privileged remote access, and privilege controls to more effectively prevent credential theft and the ability to access critical data and infrastructure. 99.99% uptime and zero-time upgrades Delinea Platform is more resilient, with multiple redundancy levels that automatically ensure the availability Built using modern cloud architecture, the Delinea Platform is more resilient, with multiple redundancy levels that automatically ensure the availability of all capabilities with contracted 99.99% uptime and zero-time upgrades to ensure privileged access is always available. Shared capabilities like continuous discovery, policies, MFA at depth, auditing, session recording, integrations, and AI-driven analytics simplify administration. Delinea can quickly and constantly provide its customers with updates, enhancements, and innovations to address their needs and respond to evolving threats safely and reliably using modern DevOps practices. Privilege Control for Servers Privilege Control for Servers sets the direction for enforcing just-in-time and just enough privileges through the Delinea Platform. As solutions are added to the platform, they will adopt this naming convention (Privilege Control for [Use Case]) to help customers easily identify the solutions required to meet their unique Privileged Access Management and identity security requirements.

Delinea, a pioneering provider of solutions that seamlessly extend Privileged Access Management (PAM), announced the close of its 2023 fiscal year, surpassing a key annual recurring revenue (ARR) milestone of $300 million and achieving a ‘Rule of 40’ profile. The company also grew recurring revenue to greater than 85% of total revenue. Delinea accomplished a notable innovation milestone in 2023 by debuting the Delinea Platform, a cloud-native foundation for Delinea’s industry-recognised PAM solutions that empowers end-to-end visibility, dynamic privilege controls, and adaptive security. The Delinea Platform combines enterprise vaulting, VPN-less privileged remote access, and privilege controls to enforce just-in-time and just enough privileges to provide a more secure, resilient, scalable SaaS solution that expands with an organisation’s needs. Two strategic acquisitions Delinea has quickly revved its rate in 2024, announcing two strategic acquisitions to start the year Delinea has quickly accelerated its momentum in 2024, announcing two strategic acquisitions to start the year. In January, the company acquired Authomize to extend the Delinea Platform’s reach with comprehensive privileged controls in the cloud while expanding its role to provide a strong defense against identity-based attacks.  In February, Delinea announced its intent to acquire Fastpath to revolutionise privileged access and identity governance with an AI-driven authorisation security platform, making Delinea the definitive source for managing authorisation across infrastructure, apps, and data. Growth for Delinea “2023 was a year of significant growth for Delinea, exemplified by achieving a key ARR milestone and ‘Rule of 40’ profile,” said Art Gilliland, CEO at Delinea. “We are steadfast on continuing to disrupt identity security this year; our acquisitions of Authomize and Fastpath are just the beginning.” Key highlights Key highlights for the full year include: Surpassed $300 million in ARR, growing at more than 20% year-over-year Delivered profitable growth and realised a ‘Rule of 40’ profile (as based on EBITDA) Grew recurring revenue to more than 85% of total revenue Maintained a Customer Satisfaction Rating of 4.8 (out of 5.0) by customers 2023 Delinea innovations Delegated Machine Credentials: Delinea was awarded a US patent for Delegated Machine Credentials, a capability that delegates entitlements of a specific machine to the workloads running on it to streamline privilege controls on their infrastructure while providing secure and efficient machine access. AI-Driven Audit (AIDA): Delinea debuted AIDA, an industry-first capability that utilises a combination of user activity recognition and AI learning to monitor privileged session recordings and detect potentially dangerous activities. MFA at Depth: Delinea introduced Multi-Factor Authentication (MFA) enforcement at depth, including on individual privileged credentials beyond MFA at login. The new layer of security reduces risk for highly sensitive credentials, helping organisations meet increasingly stringent compliance requirements. Industry recognition and awards in 2023 Delinea was named a pioneer in the Gartner Magic Quadrant for PAM for the fifth consecutive time Delinea’s strategy, execution, and success were also acknowledged by the industry as the company was the only vendor to be recognised as a pioneer in all five major industry analyst reports for Privileged Access Management in 2023. Delinea was named a pioneer in the Gartner Magic Quadrant for PAM for the fifth consecutive time, and was also recognised as the Growth Pioneer in PAM by Frost & Sullivan and a Value Pioneer by Enterprise Management Associates. Other notable accolades Other notable accolades include: Gold award in the 2023 Cybersecurity Excellence Awards category for Cloud PAM "Cutting Edge" for Privileged Access Management in the 2023 Global InfoSec Awards “Evolutionary Security Solution” for the Delinea Platform in the Future Security Awards 2023 Fifth consecutive NorthFace ScoreBoard Award for excellence in customer service.

Delinea, a pioneering provider of solutions that seamlessly extend Privileged Access Management (PAM), announced a definitive agreement to acquire Fastpath, a pioneer in Identity Governance and Administration (IGA) and identity access rights. This strategic move follows Delinea's recent acquisition of Authomize and marks a significant expansion in Delinea's capabilities to enhance privileged access, controls, and governance, reducing organisational cybersecurity risk and ensuring compliance. User access and privileges By incorporating Fastpath’s expertise, Delinea is poised to offer a robust, AI-driven authorisation security platform making Delinea the definitive source for managing authorisation across infrastructure, applications, and data, providing unmatched insights and control over user access and privileges. Delinea is poised to offer a robust, AI-driven authorisation security platform making “This strategic acquisition by Delinea heralds a new era in identity security, establishing pioneering standards for Privileged Access Management in an increasingly digital and interconnected world, where cybersecurity challenges are constantly evolving,” said Art Gilliland, CEO of Delinea. “The addition of Fastpath will empower the Delinea Platform to dynamically control authorizations by assessing user risk. This advanced approach is crucial for securing modern, distributed environments across infrastructure, applications, and data." Authorisation and policy models  In a landscape, dominated by Infrastructure-as-a-Service and SaaS applications, organisations face a growing attack surface and challenges in managing data and identity sprawl. The combination of Fastpath with Delinea is timely, addressing these challenges head-on. It equips Chief Information Security Officers (CISOs) and their teams with advanced tools for managing the complex interactions between privileged users and corporate data.  "The challenge that CISOs are struggling with is that identities are increasingly decentralised, but that leaves a lot of open gaps for authorisation," said Martin Kuppinger, founder and Principal Analyst at KuppingerCole. "Authorisation and policy models need to be managed and more centralised, especially as privileged users are not limited to traditional admins but expand to line of business users. Solving the challenge of centralising, orchestrating, and automating authorisation is critical to effectively reduce risk and mitigate threats in decentralised environments spanning all identities." Fastpath's IGA capabilities Delinea is uniquely placed to offer profound insights and control mechanisms over user access Combining Fastpath's IGA capabilities with Authomize's Identity Threat Detection and Response (ITDR) technology, Delinea is uniquely positioned to offer profound insights and control mechanisms over user access.  This integration not only identifies overprivileged access and potential threats but also facilitates automated remediation through intelligent access controls, significantly enhancing data security and compliance. “There is a powerful synergy between Fastpath and Delinea,” commented Charles Snellgrove, CEO of Fastpath. Set of security challenges Snellgrove added: "In today's landscape, business pioneers face a complex set of security challenges. By bolstering capabilities to enhance privileged access, controls, and governance, organisations can effectively mitigate cybersecurity risks. The collaboration between Fastpath and Delinea marks a transformative milestone in identity security, offering unparalleled insights and control over user access and privileges." The acquisition is subject to customary closing conditions including regulatory review. Fastpath, a Pamlico Capital portfolio company since 2020, was represented by Raymond James.