Gartner Names CloudKnox Security a 2020 Cool Vendor in IAM and Fraud DetectionMay 28, 2020 -
Company Recognized for Patented Technology and Innovative Approach to Multi-Cloud Permissions Management Through Activity-Based Authorization and Automated Remediation
SUNNYVALE, Calif. — May 28, 2020 — CloudKnox Security, provider of the only cloud permissions management platform for hybrid and multi-cloud environments, today announced it has been named a Cool Vendor in Identity and Access Management and Fraud Detection1 by Gartner. The report recognizes vendors with innovative solutions that “identify, analyze and orchestrate security controls over all IaaS environments using just-in-time and least-privilege approaches.”
As enterprises accelerate cloud adoption, security operations and cloud infrastructure teams are being asked to do the impossible – manage and secure multiple, complex, and vastly different cloud platforms while keeping up with the proliferation of powerful human and non-human identities with excessive and unnecessary permissions. Gartner recognized CloudKnox’s innovative approach to managing this risk.
As Gartner states, “What is cool about CloudKnox’s approach is it allows the abstraction of several granular controls, privileges and accesses (that work differently in each cloud provider) into a manageable number of activities to mitigate risk. For combining discovery, analytics and governance (remediation) of access, they provide a simplified and faster way to reduce exposure and risk.”
Gartner further states that “CloudKnox is especially valuable for organizations with large multi-cloud initiatives who need to quickly reduce and better govern excessive privilege risks in cloud environments. This is typically very hard to accomplish with traditional (or converged) IAM solutions alone.”
The CloudKnox Cloud Permissions Management platform was built from the ground up to support a continuous and adaptive framework for managing identity permissions. Its risk-based decision-making approach enables security and cloud infrastructure teams to continuously create, monitor, and enforce the principle of least privilege across their hybrid and multi-cloud deployments. It does so through the combination of its patented CloudKnox Activity-Based Authorization Protocol and Just Enough Privileges (JEP) Controller, which automates and simplifies permissions right-sizing across VMware, AWS, Azure, and Google Cloud, resulting in significant cost and time savings.
“We are delighted to be recognized as a Gartner Cool Vendor in IAM and Fraud Detection, as it validates our patented technology innovations and highlights the growing market need for a multi-cloud permissions management solution,” said Balaji Parimi, CEO and founder of CloudKnox Security. “We are especially proud that Gartner recognized our unique approach to enabling enterprises to enforce a least privilege posture across their hybrid and multi-cloud environments. We will continue to build on our market-leading technology by leveraging our recent funding to accelerate product development.”
To download the full Gartner “Cool Vendors in Identity and Access Management and Fraud Detection” report, visit https://www.gartner.com/doc/3985596?ref=AnalystProfile&srcId=1-4554397745.
CloudKnox Security offers a free Cloud Identity Risk Assessment to help enterprises understand their cloud identity and resource risk profile. For more information, please visit: https://cloudknox.io/risk-assessment/.
 Gartner, “Cool Vendors in Identity and Access Management and Fraud Detection,” Michael Kelley, Jonathan Care, Henrique Teixeira, Felix Gaehtgens, Akif Khan, May 26, 2020.
Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
About CloudKnox Security
CloudKnox Security is the only Cloud Permissions Management Platform built from the ground up to support the monitoring and management of identities, actions and resources across hybrid and multi-cloud environments. With its patented Activity-Based Authorization protocol and JEP (Just Enough Privileges) Controller, CloudKnox transforms how organizations implement the principle of least privilege in the cloud and empowers security teams to proactively address accidental and malicious credential misuse by continuously detecting and mitigating insider risks. CloudKnox is based in Sunnyvale, CA.
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