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Centrify Launches Cloud-based Privileged Identity Service

Centrify Cloud-based Privileged Identity Service

Centrify Cloud-based Privileged Identity Service

San Francisco —RSA Conference 2015 – Centrify, a Santa Clara, California-based provider of Identity Management solutions, has launched a new cloud-based identity management solution designed to address the needs of hybrid IT environments of  on-premises and cloud-based systems.

Announced today at the RSA Conference in San Francisco, the new Centrify Privilege Service (CPS) addresses the growing gap in security, visibility and control over privileged accounts, Centrify said.

“As more enterprises embrace the cloud, privileged accounts increasingly lie outside the corporate perimeter and are frequently shared by both internal IT and often remote third parties such as contractors and vendors,” Centrify explained. “Therefore it is no surprise that privileged accounts are top targets for hackers and malicious insiders alike.”

The new cloud-based offering complements the Centrify Server Suite, an identity management solution for securing servers and maintaining regulatory compliance, by providing shared account password management for servers, network devices and Infrastructure-as-a-Service (IaaS).

Additionaly, CPS addresses requirements for the management of both cloud-based and on-premises access to critical production systems and applications by remote employees and third parties, without the need of a VPN, Centrify said.

Delivered as a multi-tenant cloud service and available in 15 languages, CPS offers security capabilities, including the ability to:

• Centrally manage emergency access to all servers and network devices in break-glass scenarios

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• Grant secure, cloud-based access for remote and outsourced IT staff to servers and network devices, without giving VPN access to the full data center

• Secure access to on-premises servers, network devices and Infrastructure-as-a-Service via best-in-class resource management, shared password management and privileged session monitoring capabilities

“Identity and privileged accounts are at the center of today’s ever-growing string of cyberattacks,” said Tom Kemp, CEO and founder of Centrify. “Centrify’s modern approach to managing and securing privileged accounts is in stark contrast to legacy privileged identity management software offerings that do not address increasingly hybrid IT environments of on-premises and cloud-based systems.”

Scheduled to be available in May, pricing is $50 per privileged user per month, with volume and education pricing available.

Founded in 2004 by Kemp, Adam Au and Paul Moore, the company has raised over $94 million in funding to date, including a $42 million round in May 2014. Investors include Samsung Ventures, Fortinet, Docomo Capital, Index Ventures, Mayfield Fund, Accel Partners, INVESCO Private Capital and Sigma Partners, among others. 

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