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Vectra achieves SOC 2 Type 2 compliance, recognized for continued commitment to customer confidentiality and data protection
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TPG-Led Investor Group Announces Combination of Thycotic and Centrify to Create a Leading Cloud Identity Security Vendor
March 2, 2021 GMT
SAN FRANCISCO & WASHINGTON & SANTA CLARA, Calif. (BUSINESS WIRE) Mar 2, 2021
TPG Capital, the private equity platform of alternative asset firm TPG, announced today that it has signed a definitive agreement to combine Thycotic, a next-generation, cloud-first company with innovative identity security solutions, and Centrify, a trusted PAM market leader. The combination creates a dynamic identity security provider offering scalable, world-class products in an environment where cyber-attacks are increasing in frequency and sophistication. The acquisition of Thycotic from Insight Partners and subsequent merger follows TPG’s previously announced acquisition of Centrify, which has now closed.
Vectra closes strongest quarter in company history
Accelerated demand to secure cloud-based applications propels momentum
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network detection and response (NDR), today reported that in calendar 2020, sales continued to grow at a compound annual rate exceeding 100 percent and sales of Cognito Detect™ for Microsoft Office 365 accelerated, growing at a rate of 340 percent. These trends were driven in part by the rapid adoption of O365 productivity applications such as Microsoft Teams and heightened cybersecurity concerns in the wake of numerous high-profile attacks in 2020.
The positive results topped an impressive year for Vectra, which took a leading role in securing many organizations fighting the COVID-19 pandemic and continued to accelerate global expansion initiatives.
Thycotic Integrates with Slack for Seamless Privileged Credential Access and Daily Workflow
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WASHINGTON, Feb. 23, 2021 /PRNewswire/
Thycotic, a provider of privileged access management (PAM) solutions to more than 12,500 organizations worldwide, including 25 of the Fortune 100, today announced the integration of its award-winning PAM solution,
Secret Server, with the fastest growing messaging and collaboration platform in history, Slack.
Enterprises are rapidly implementing PAM solutions that secure passwords and other digital credentials to meet security best practices and compliance regulations. Yet, many organizations struggle to gain adoption because traditional PAM solutions require users to interrupt their workflow in order to access credentials. With the Slack integration, users can seamlessly connect to Secret Server using the same communications platform where they already spend a significant amount of time.
Vectra closes strongest quarter in company history
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