Balabit Honored in SC Awards and the Info Security Global Excellence Awards; Demonstrating Award-Winning Solution at RSA 2018
New York – March 28, 2018 – Balabit, a leading provider of Privileged Access Management and Log Management solutions, today announced that its Privileged Access Management (PAM) solution has earned recognition in two prestigious industry awards: the 2018 SC Awards and the 2018 Info Security Global Excellence Awards.
The solution recently earned Balabit a top 5 finalist spot in the SC Awards within the Best Identity Management category, and took home the silver award in the same category for the recently announced Info Security Global Excellence Awards.
Balabit’s integrated Privileged Access Management solution (PAM) is designed to protect against cyberattacks involving privileged accounts, including both insider threats and external attacks using hijacked accounts. Through a combination of Balabit’s Privileged Session Management (PSM) and Privileged Account Analytics (PAA) tools, the PAM solution steers organizations away from perimeter and one-off authentication measures as a means of defense, and uses the continuous monitoring of privileged user behavior as a new form of authentication, to distinguish friend from foe.
Balabit will be highlighting its award-winning PAM solution at the RSA Conference 2018, April 16 to 20 in San Francisco, at booth #4603 in the North Expo.
“We are proud to kick off 2018 with honors in two well-regarded industry awards, and at such a critical point in time within the cybersecurity industry where defense tactics have to keep pace with those of sophisticated cybercriminals,” said Zoltán Györkő, CEO at Balabit. “We are excited to be recognized for our efforts to help security professionals prevent the devastation of business disruption, revenue loss and reputational damage that can be caused by the misuse of privileged accounts.”
The finalists and winners for the SC Trust Awards are chosen by an expert panel of judges with extensive knowledge and experience in the cybersecurity industry, and winners will be announced at the SC Awards ceremony on April 17, 2018 in San Francisco. The Info Security Global Excellence Awards recognizes industry players who are helping to set the bar higher for others in all areas of security and will also honor winners in San Francisco on April 16, 2018 during a red carpet ceremony.
Balabit was recently acquired by One Identity, a leader in identity and access management (IAM), who will also be exhibiting at RSA, at booth #3326 in the North Expo. Balabit’s session management technology is already embedded into the recently announced One Identity Safeguard solution through an OEM partnership.
Balabit, a One Identity business, is a leading provider of Privileged Access Management (PAM) and Log Management solutions that help businesses reduce the risk of data breaches associated with privileged accounts.
Balabit’s integrated PAM solution protects organizations in real-time from threats posed by the misuse of high risk and privileged accounts. Solutions include Privileged Session Manager and Privileged Account Analytics, which together help organizations prevent, detect, and respond to cyber-attacks involving privileged accounts, including both insider threats and external attacks using hi-jacked credentials. Working in conjunction with existing security tools, Balabit Privileged Access Management enables a flexible and people-centric approach to improving security without adding additional constraints to working practices.
Founded in 2000, Balabit has a proven track record, with 25 Fortune 100 customers and more than 1,000,000 corporate users worldwide. The company operates globally with offices across the United States and Europe, together with network of reseller partners.