WASHINGTON, June 27, 2017 /PRNewswire/ -- Thycotic, a provider of privileged account management (PAM) solutions for more than 7,500 organizations worldwide, today announced it was ranked No. 15, three spots ahead of its ranking last year, on Cybersecurity Ventures' 11th annual Cybersecurity 500 list. This puts Thycotic ahead of companies such as Lieberman Software [ranked No. 286] and BeyondTrust [ranked No. 381], and makes it the fourth consecutive year that the company has moved up in rankings, proving its technology continues to make waves in the industry.
"Thycotic continues to impress us with its Secret Server solution which protects privileged accounts across the enterprise," said Steve Morgan, founder and editor in chief at Cybersecurity Ventures. "Thycotic's spot on our annual list is well-deserved and their impressive list of blue chip customers is giving larger competitors like CyberArk a run for their money."
According to Cybersecurity Ventures, a market intelligence and research firm covering the cybersecurity market, Cybersecurity 500 is a definitive list of the worlds' hottest and most innovative companies in the cybersecurity industry and creates awareness and recognition for the most innovative cybersecurity companies.
"Moving up three spots since last year is a great achievement for us because it shows we are continually making progress in being the privileged account management solution of choice for companies looking to protect their keys to the kingdom," said Steve Kahan, CMO at Thycotic. "Our talented team here at Thycotic continues to push our technology to the next level to stay ahead of the breaches that continue to plague businesses every day."
This ranking comes just weeks after Thycotic was recognized as a leader in KuppingerCole's 2017 Leadership Compass for Privilege Management, receiving top ratings in security, functionality, integration, usability, innovation and market position.
To see the complete rankings of the Cybersecurity 500, visit http://cybersecurityventures.com/cybersecurity-500/ and to learn more about Thycotic and its Secret Server PAM solution, visit https://thycotic.com/products/secret-server/.
Thycotic, a global leader in IT security, is the fastest growing provider of Privilege Management solutions that protect an organization's most valuable assets from cyber-attacks and insider threats. Thycotic secures privileged account access for more than 7,500 organizations worldwide, including Fortune 500 enterprises. Thycotic's award winning Privilege Management Security solutions minimize privileged credential risk, limits user privileges and controls applications on endpoints and servers. Thycotic was founded in 1996 with corporate headquarters in Washington, D.C. and global offices in the U.K. and Australia. For more information, please visit www.thycotic.com.
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