Fastpath Joins Forces with Delinea to Deliver Enhanced Access Governance and Security
By Frances Fenemore
03/22/2024
4min read
Fastpath has announced that it has entered into a definitive agreement to be acquired by Delinea, a leader in Privileged Access Management (PAM). This strategic move, which follows Delinea's recent acquisition of Authomize, marks a significant expansion in Delinea's capabilities to enhance privileged access controls, and governance, reducing organizational cybersecurity risk and ensuring compliance.
As a leader in Identity Governance and Administration (IGA) and identity access rights, Fastpath delivers cloud-based access orchestration solutions, which are the go-to-choice for the world’s leading audit and consultancy firms. We are proud of our achievements and the value we have created for our customers, partners, and employees.
By joining forces with Delinea, we will be able to leverage their innovative platform and AI-driven approach to deliver the appropriate privilege with the right controls based on the users' risk score and the value of the data being accessed. Together, we will offer unparalleled security, efficiency, and control in managing the complex interactions between privileged users and corporate data.
Delinea’s vision is to deliver centralized authorization on the Delinea Platform, built on a deep understanding of context, privilege, human and machine identities, and the data those identities seek to engage with, making it seamless and secure for customers. We are thrilled to be part of this vision and to redefine the identity security landscape, providing unmatched insights and control over user access and privileges.
The Integrated Solution will:
- Centralize Privilege & Authorization Policies Across Applications:
Delinea's acquisition of Fastpath extends Delinea’s least privilege reach to applications with the provisioning of user accounts and access rights to applications and data. With this acquisition we can give customers a centralized view of privilege and permissions across infrastructure and applications. Fastpath's IGA tools provide mechanisms for automated remediation. This not only reduces risk for organizations but also enhances user experience and operational efficiency. - Enhance Contextual User Authorization:
Combining Delinea’s ITDR capability and IGA, Delinea will leverage user context to provide real-time policy changes that can reduce the impact and risk of data theft.
Through the acquisition, Delinea will leverage Identity Threat Detection and Response (ITDR) analytics with an understanding of user context to provide more intelligent decisions for authorization. This enhanced visibility uses the users’ risk score and context of location, employment status, role rank, and other criteria to enhance authorization policies. This ensures that users are granted access based on a comprehensive understanding of their context, role, and responsibilities, leading to a more secure and efficient implementation of the principles of least privilege.
- Extend Intelligent Access Controls to Improve Data Security:
Fastpath's expertise in deep data awareness will be leveraged to extend smarter access controls across all assets to adhere strictly to separation of duties mandates. The combination will provide a granular understanding of data and records, ensuring that privileges are aligned with the specific data held within any resource, bolstering security compliance and data security.
We look forward to working to this next phase in our evolution and revolutionizing the cybersecurity landscape.