Delinea, a provider of solutions to extend privileged access management (PAM), reached an agreement to buy Fastpath, a provider of identity governance and administration (IGA) and identity access rights. This strategic move follows Delinea’s recent purchase of Authomize, and expands Delinea’s capabilities for privileged access, controls and governance, reducing organizational cybersecurity risk and ensuring compliance.
By incorporating Fastpath’s expertise, Delinea is poised to offer a more robust, AI-driven authorization security platform, making Delinea a source for managing authorization across infrastructure, applications and data, while also providing insight and control over user access and privilege.
“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, 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 IaaS and SaaS applications, organizations face a growing attack surface and challenges in managing data and identity sprawl. The combination of Fastpath and Delinea is timely, addressing these challenges head-on. It equips CISOs and their teams with advanced tools for managing complex interactions between privileged users and corporate data.
Combining Fastpath IGA capabilities with Authomize’s ITDR technology, Delinea is positioned to offer profound insight and control mechanisms over user access. This integration identifies overprivileged access and potential threats, also facilitating automated remediation through intelligent access control, enhancing data security and compliance.
“There is a powerful synergy between Fastpath and Delinea,” said Fastpath CEO, Charles Snellgrove. “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.”
The acquisition is subject to customary closing conditions,
For details on Delinea’s partner program, click here.
