{"id":3515,"date":"2018-10-03T16:10:01","date_gmt":"2018-10-03T20:10:01","guid":{"rendered":"https:\/\/solutionsreview.com\/identity-management\/?p=3515"},"modified":"2018-12-06T10:27:49","modified_gmt":"2018-12-06T14:27:49","slug":"forecast-2018-gartner-magic-quadrant-privileged-access-management-solutions","status":"publish","type":"post","link":"https:\/\/solutionsreview.com\/identity-management\/forecast-2018-gartner-magic-quadrant-privileged-access-management-solutions\/","title":{"rendered":"Forecast: 2018 Gartner Magic Quadrant for Privileged Access Management Solutions"},"content":{"rendered":"

\"Forecast:<\/p>\n

Gartner has released its 2018 Privileged Access Management Magic Quadrant<\/a>.\u00a0<\/em>\u00a0<\/span><\/p>\n

On November 30 of this year, technology research giant Gartner will release their first Magic Quadrant report for Privileged Access Management Solutions. <\/span><\/p>\n

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\"Download<\/a><\/p>\n<\/div>\n\t\t<\/div><\/div><\/p>\n

Every year, cybersecurity technology professionals from every subcategory of our vast field eagerly await the arrival of their respective Gartner Magic Quadrant report. Thanks to their proprietary research methodology, Gartner\u2019s annual marketplace analyses generate a level of buzz in the tech world only matched by Apple\u2019s keynote speeches.<\/span><\/p>\n

Whether it be for Endpoint Security, SIEM, or Identity Governance and Administration, the Magic Quadrant is heralded Gartner\u2019s premier report for each cybersecurity marketplace. IT administrators, solutions architects, and cybersecurity professionals alike use Gartner\u2019s findings and advice as a critical jumping-off point for their yearly initiatives and purchasing decisions.<\/span><\/p>\n

But what does the 2018 Privileged Access Management Magic Quadrant mean for the identity security market overall? What will Gartner focus on in their evaluation of privileged access management solutions? <\/span><\/p>\n

Since this is an entirely new Magic Quadrant (unlike Access Management, which evolved from a previous MQ) predicting the vendors included in the report will be impossible. However, the market can provide some indications: <\/span><\/p>\n

Setting the Scene<\/b> \u00a0<\/span><\/h3>\n

According to the <\/span>Verizon 2018 Data Breach Investigations Report<\/span><\/a>, 73% of cyber attacks were perpetrated by outsiders. Of these data breaches, over 80% were the result of weak or stolen passwords. If a hacker, whether external or internal, enters your enterprise\u2019s network there is a 68% chance they will dwell there for months before being discovered. <\/span><\/p>\n

With the average data breach costing over $3 million, the stakes have never been higher for enterprises. The fight over keeping threat actors out now revolves around credentials and access management. <\/span><\/p>\n

Passwords and the single-factor authentication protocols have suffered a loss in popularity over the last few years. Enterprises and employees alike are finding passwords to be remarkably insecure; they are easily stolen or cracked. Often they fall prey to tactics like credential stuffing and password spraying\u2014tactics that prove successful a distressing amount of the time. Further, passwords are incredibly easy to forget, which creates more issues for enterprise help desks as they try to recover them.<\/span><\/p>\n

At the same time, passwords have hung on in part because of business process continuity. People understand how passwords work and will be suspicious of new technologies like hard tokens possibly disrupting their jobs. \u00a0\u00a0<\/span><\/p>\n

It is not a far stretch to assume Gartner will evaluate privileged access management solutions not only on their security but on their ease of deployment and adoption. While many experts say security should trump convenience, this may result in employee exacerbation and workarounds. Perhaps Gartner will evaluate this, as well as how it works with or against the mold of passwords. \u00a0\u00a0\u00a0<\/span><\/p>\n

Key Capabilities in Privileged Access Management Solutions <\/b><\/h3>\n

Privileged access management solutions are designed to help keep your privileged credentials and most vulnerable assets secure against hackers. Unsecured privileged credentials can wreak horrific damage on your enterprise unchallenged due to their powerful permissions on your network. By deploying a privileged access management solution, enterprises can: <\/span><\/p>\n