CyberArk built the privileged access management (PAM) category and still dominates it. The company’s core insight hasn’t changed in 25 years: privileged credentials — admin accounts, service accounts, API keys, SSH keys — are what attackers use to move laterally and escalate access. Protecting those credentials is critical.
The CyberArk Identity Security Platform vaults and rotates privileged passwords automatically, records privileged sessions for audit, enforces least-privilege access, and secures secrets used by applications and DevOps pipelines. The Conjur secrets manager is widely used in CI/CD environments.
Beyond PAM, CyberArk has expanded into workforce identity (SSO, MFA, lifecycle management) and endpoint privilege management. The latter removes local admin rights from endpoints while still letting users install approved software and run legitimate tasks — a critical security control that many organizations overlook.
CyberArk serves over half of the Fortune 500 and is consistently ranked as the PAM market leader by analysts. The company acquired Venafi in 2024 for machine identity management, signaling its intent to secure every type of identity — human, machine, and workload.