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Main Press Release BeyondTrust Overhauls Enterprise Password Manager, Bolsters Privileged Account Management Portfolio to Meet Evolving Customer Needs - Press Release - Digital Journal

BeyondTrust Overhauls Enterprise Password Manager, Bolsters Privileged Account Management Portfolio to Meet Evolving Customer Needs - Press Release - Digital Journal

PHOENIX--(Business Wire)--BeyondTrust®,the security industry's innovative provider of PrivilegedAccount Management and Vulnerability Management solutions, todayannounced the unveiling of its completely revamped enterprise passwordmanager, PowerBroker®Password Safe. Redesigned to meet the requirements of today’senterprise environment, the new version is fully integrated into theBeyondInsight™ IT Risk Management Platform. This makes it easy forcustomers to leverage Password Safe as a standalone privileged passwordmanagement solution, and then easily activate additional privilege andvulnerability management modules as their requirements evolve. Theresult is a single, contextual lens through which IT and security teamscan view and address both user and asset risks.

According to Verizon’s2014 Data Breach Incident Report, more than 66% of all digitalattacks on a business are related to mishandled, misplaced or otherwisecompromised credentials. As Verizon’s senior analyst and co-author ofthe report, Jay Jacobs, putsit, “To go in with authenticated credentials opens a lot moreavenues, obviously. You don’t have to compromise every machine. You justlog in.”

The new release delivers new and updated enterprise-class privilegedpassword management capabilities, including:

  • Asset and Account Discovery: delivers enterprise-wide visibility andcontrol by identifying and profiling systems and accounts to bringunder management
  • Dynamic Rules and Asset Groupings: streamlines management of largeenvironments
  • Data Warehouse: enables historical correlation, trending and analysisof key metrics for audit and compliance needs
  • Password Age Report: enables customers to identify stale passwordsthat could be in possession of former employees, partners or otherstakeholders
  • Role-Based Access Control (RBAC): supports a lightweight, self-serviceportal for requesting password access, managing requests, andreplaying recorded sessions
  • As sharedby analyst firm Frost &- Sullivan, “BeyondTrust PowerBroker Password Safeis a solid tool for the secure procurement and dissemination ofpasswords. The ability to run network scans helps an IT departmentreconfigure the password [safe] as needed. Lightweight software helpswith the transitions between servers and clients, and smartrules allowgroups of assets to be profiled, accessed and analyzed for complianceand threat assessment. Account and password access, as well as passwordmanagement procedures, mitigate the chance of man-in-the-middle attacks.”

    Included standard with version 5.2, BeyondInsight extends PasswordSafe’s robust access control and session monitoring capabilities withbest-in-class discovery, reporting and analytics capabilities. Thiscombination enables operations teams to:

  • Discover all known and unknown assets, shared accounts, and serviceaccounts
  • Bring discovered assets and accounts under Password Safe management
  • Analyze password ages and proactively report policy violations
  • Dynamically set permissions for managed accounts
  • Manage checkout workflow with connectivity to managed systems throughnative desktop tools, via protocols such as RDP &- SSH
  • Record privileged sessions via a proxy session monitoring service
  • Automatically change passwords for domain, local and service accounts
  • The solution delivers comprehensive password management coverage acrossdiverse environments, including desktops, servers, applications,databases and network devices. Password Safe even simplifiestraditionally challenging tasks, such as managing privileged passwordsfor service accounts, between applications (A2A), and to databases (A2DB)

    “You don’t need to look any further than the recent security scares suchas ‘Heartbleed’ or one of the many high profile data breaches torecognize that there continues to be password security challenges thataffect enterprises of all sizes,” said Brad Hibbert, VP of ProductStrategy and Operations, BeyondTrust. “By significantly revampingPassword Safe and integrating in into our BeyondInsight IT RiskManagement platform, we are providing organizations the flexibility tohave the type of cross-departmental business context intelligence thatthey need to carry out their true privileged account managementendeavors.”

    PowerBroker Password Safe is generally available. For more informationabout PowerBroker Password Safe, please visit:

    About BeyondTrust

    BeyondTrust empowers security-conscious organizations with Context-AwareSecurity Intelligence, delivering Privileged Account Management andVulnerability Management solutions that reduce IT security risks andsimplify compliance reporting across heterogeneous IT environments.

    Our customers not only mitigate user-based risks arising from misuse ofsystem or device privileges, but also identify and remediate assetvulnerabilities targeted by cyber-attacks. As a result, they addressboth internal and external threats, while making every device –physical, virtual, mobile and cloud – as secure as possible. BeyondTrustsolutions are unified under the BeyondInsight IT Risk ManagementPlatform, which provides IT and security teams a single, contextual lensthrough which to view user and asset risk.

    More than half of the companies listed on the Dow Jones IndustrialAverage rely on BeyondTrust to secure their enterprises. Customersinclude 8 of the world's 10 largest banks, 8 of the world's 10 largestaerospace and defense firms, and 7 of the 10 largest U.S. pharmaceuticalcompanies, as well as renowned universities across the globe.

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    Media Contacts:
    Voce Communications for BeyondTrust
    AnneTrapasso, 585-813-6111