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:
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.
We look forward to working to this next phase in our evolution and revolutionizing the cybersecurity landscape.