Delinea, a leading provider of solutions for Privileged Access Management (PAM), has announced its definitive agreement to acquire Fastpath, a prominent player in Identity Governance and Administration (IGA) and identity access rights. This acquisition, following Delinea’s recent purchase of Authomize, signifies a significant expansion in Delinea’s offerings to strengthen privileged access, controls, and governance, ultimately reducing cybersecurity risk and ensuring compliance.
With the incorporation of Fastpath’s expertise, Delinea aims to deliver a robust authorization security platform driven by AI, positioning itself as the go-to solution for managing authorization across infrastructure, applications, and data. This move is expected to provide unparalleled insights and control over user access and privileges.
Art Gilliland, CEO of Delinea, sees this acquisition as a milestone in identity security, setting new standards for Privileged Access Management in a rapidly evolving digital landscape. By integrating Fastpath, Delinea’s platform gains the ability to dynamically control authorizations by evaluating user risk, a critical aspect in securing modern, distributed environments.
In today’s environment dominated by Infrastructure-as-a-Service and SaaS applications, organizations are grappling with an expanding attack surface and the complexities of managing data and identity sprawl. The combination of Fastpath and Delinea aims to address these challenges head-on, providing advanced tools for managing interactions between privileged users and corporate data.
Martin Kuppinger, founder and Principal Analyst at KuppingerCole, highlights the pressing need for centralized authorization and policy models, particularly as identities become more decentralized. This collaboration between Fastpath and Delinea offers a solution to centralize, orchestrate, and automate authorization, thereby reducing risk and mitigating threats in decentralized environments.
By merging Fastpath’s IGA capabilities with Authomize’s Identity Threat Detection and Response (ITDR) technology, Delinea is well-positioned to offer comprehensive insights and control mechanisms over user access. This integration not only identifies overprivileged access and potential threats but also enables automated remediation through intelligent access controls, significantly enhancing data security and compliance.
Charles Snellgrove, CEO of Fastpath, acknowledges the synergy between the two companies and emphasizes the importance of bolstering capabilities in privileged access, controls, and governance to mitigate cybersecurity risks effectively. The collaboration between Fastpath and Delinea represents a transformative step in identity security, providing unmatched insights and control over user access and privileges.
