CyberArk Software Ltd. CYBR, at the RSA Conference 2018, announced the availability of CyberArk Marketplace. This will enable security and information technology (IT) operations related teams provide privileged access across on-premise and hybrid cloud environments as well as DevOps pipeline.
The CyberArk Marketplace is aimed at building a platform that will assist consumers to “deploy integrations with the CyberArk Privileged Account Security Solution.
Notably, last week, the company announced an offering for its managed security service providers (MSSPs), which will enable them to add “privileged access security capabilities to their portfolios” with ease.
The company also published a research report called “Predicting Risk: Credential Theft Foresight,” which talks about the benefit of identifying the weak spots in a network in advance and improving overall security.
CyberArk’s Enhanced Portfolio
The company has been enriching its portfolio with enhanced features through innovations and acquisitions. CyberArk’s investments in its product suite are fetching impressive results as well.
Notably, CyberArk’s strategy of growing through acquisitions is encouraging. In March 2018, the company announced that it has acquired certain assets of a privately-held cloud security provider named Vaultive, Inc. In May 2017, the company acquired privately-held Conjur Inc. which specializes in offering DevOps security software.
We believe the strong portfolio will enable the company to grab the growth opportunities in the cybersecurity market, which is expected to reach $231.94 billion in 2022 from $137.85 billion in 2017, per a recent report by MarketsandMarkets.