Delinea to acquire Fastpath

The addition of Identity Governance and Administration (IGA) improves policy management, contextual authorization, and access controls to enhance risk mitigation and bolster security postures.

  • Friday, 23rd February 2024 Posted 1 year ago in by Phil Alsop

Delinea is to acquire Fastpath, a leader in Identity Governance and Administration (IGA) and identity access rights. This strategic move follows Delinea's recent acquisition of Authomize and marks a significant expansion in Delinea's capabilities to enhance privileged access, controls, and governance, reducing organizational cybersecurity risk and ensuring compliance.

By incorporating Fastpath’s expertise, Delinea is poised to offer a robust, AI-driven authorization security platform making Delinea the definitive source for managing authorization across infrastructure, applications, and data, providing unmatched insights and control over user access and privileges.

“This strategic acquisition by Delinea heralds a new era in identity security, establishing pioneering standards for Privileged Access Management in an increasingly digital and interconnected world, where cybersecurity challenges are constantly evolving,” said Art Gilliland, CEO of Delinea. “The addition of Fastpath will empower the Delinea Platform to dynamically control authorizations by assessing user risk. This advanced approach is crucial for securing modern, distributed environments across infrastructure, applications, and data."

In today's landscape, dominated by Infrastructure-as-a-Service and SaaS applications, organizations face a growing attack surface and challenges in managing data and identity sprawl. The combination of Fastpath with Delinea is timely, addressing these challenges head-on. It equips Chief Information Security Officers (CISOs) and their teams with advanced tools for managing the complex interactions between privileged users and corporate data.

"The challenge that CISOs are struggling with is that identities are increasingly decentralized, but that leaves a lot of open gaps for authorization," said Martin Kuppinger, founder and Principal Analyst at KuppingerCole. "Authorization and policy models need to be managed and more centralized, especially as privileged users are not limited to traditional admins but expand to line of business users. Solving the challenge of centralizing, orchestrating, and automating authorization is critical to effectively reduce risk and mitigate threats in decentralized environments spanning all identities."

Combining Fastpath's IGA capabilities with Authomize's Identity Threat Detection and Response (ITDR) technology, Delinea is uniquely positioned to offer profound insights and control mechanisms over user access. This integration not only identifies overprivileged access and potential threats but also facilitates automated remediation through intelligent access controls, significantly enhancing data security and compliance.

“There is a powerful synergy between Fastpath and Delinea,” commented Charles Snellgrove, CEO of Fastpath. "In today's landscape, business leaders face a complex set of security challenges. By bolstering capabilities to enhance privileged access, controls, and governance, organizations can effectively mitigate cybersecurity risks. The collaboration between Fastpath and Delinea marks a transformative milestone in identity security, offering unparalleled insights and control over user access and privileges." 

Integris makes strategic acquisition

Posted 1 day ago by Phil Alsop
National managed IT services provider advances vision for differentiated service offerings and organizational growth with expanded footprint.

Bitdefender to acquire Mesh Security

Posted 3 days ago by Phil Alsop
Bitdefender has agreed to acquire Mesh Security Limited (Mesh), a provider of advanced email security solutions.
Cybit, a leading provider of data intelligence and AI-driven technology solutions, announces the successful divestment of its enterprise-grade...

Abacus Group Acquires Chicago MSSP Entara

Posted 4 days ago by Phil Alsop
Entara’s proven leadership position in cyber incident response and AI-enabled services will strengthen Abacus Group’s acclaimed portfolio of...

CybaVerse acquires SecureAck

Posted 1 week ago by Phil Alsop
Acquisition will enable CybaVerse to enhance proprietary platform and power outsourced and hybrid cyber security operations to organisations and MSPs.
Centreon provides end-to-end monitoring—from the network layer to the user experience—with advanced new features for Real User Monitoring (RUM)...

Securonix acquires ThreatQuotient

Posted 1 week ago by Phil Alsop
Securonix has acquired ThreatQuotient, the force behind ThreatQ, an innovative external threat intelligence platform. This combination will create a...
M247 Group, a leading international provider of hosting, data transport, and cloud solutions, has today successfully completed the sale of its...