September 03, 2024

Traxion partners with CyberArk to launch Privileged Access Management as a Service

Traxion, part of SITS Group, announces the introduction of Privileged Access Management as a Service (PAM as a Service) for clients in the Benelux, and later this year available in entire Europe.

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This PAM as a Service offer is built upon Traxion’s long-standing and successful best practices foundation together with CyberArk, named a Leader in the latest “Gartner® Magic Quadrant™ for Privileged Access Management” (PAM)*. 

In today’s digital landscape, privileged access accounts are the “keys to the kingdom” for cybercriminals, providing unrestricted access to systems and data. Consequently, cybercriminals target these high-value identities, with most of breaches involving privileged accounts, highlighting the need for robust PAM solutions​​. Cyberattacks, including ransomware, have become increasingly problematic, partly due to attackers exploiting vulnerabilities in unmanaged privileged identities. 

Traxion’s PAM as a Service leverages CyberArk’s advanced technologies to deliver a comprehensive solution that secures, manages, and monitors privileged access. By offering PAM as a service, Traxion ensures that all organizations can benefit from cutting-edge security measures without the complexities of managing and maintaining the infrastructure and configuration themselves. 

Included in PAM as a Service: 

  • Fully managed by Traxion (MSP) cloud-based PAM solution from CyberArk: 
    • Privileged Access Management (PAM)
    • 3rd Party Remote Vendor Access
    • Dynamic Privilege Access (ephemeral accounts) (DPA)
  • Up and running in 6 weeks; 
  • No set-up charges, only a fixed monthly fee; 
  • Standardized processes and fully managed by certified specialists; 
  • Highly scalable, fit for small and medium-sized enterprises. 

For more details on PAMaaS: www.traxion.com/pamaas 

Evert van den Branden, Chief Executive Officer at SITS | Traxion Benelux, comments: “We are thrilled that, besides large enterprises, we can now provide small and medium-sized enterprises access to CyberArk technology for controlling, monitoring, and securing access to critical systems and sensitive information by privileged users within their organizations. We are proud that we are the first to offer services to SME cloud-based, fully managed, up and running in 6 weeks, at an affordable fixed monthly fee, and without any one-time cost.” 

Renske Galema, Area Vice President Northern Europe at CyberArk, comments: “We are delighted to partner with Traxion, a leading player in cybersecurity. The combination of our managed services provider partnership with Traxion and their unique PAM as a Service offer marks a significant milestone in our commitment to delivering first-class PAM services to clients of all sizes. With most of breaches involving privileged accounts, this collaboration underscores our dedication to enhancing security measures for reducing the risk of data breaches and ensuring adherence to regulatory standards.” 

John van Westeneng, Chief Solutions Officer and Group CISO at SITS Group, praises the PAM managed service that Traxion offers to their customers: “This is a game-changer in IAM managed services. It addresses the major risks of privileged access that is involved in most cyberattacks. Our customers can now benefit from best-in-class PAM managed services, with unparalleled scalability, speed, and affordability. I am proud of the team that made this possible.” 

To read more about Traxion PAM as a Service and the partnership with CyberArk’s, please visit www.traxion.com/pamaas 

 

 

 

 

 

*GARTNER is a registered trademarks and service mark, and MAGIC QUADRANT is a registered trademark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved.​

Gartner does not endorse any vendor, product or service depicted in its 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.

Gartner® Magic Quadrant™ for Privileged Access Management, by Felix Gaehtgens, James Hoover, Michael Kelley, Brian Guthrie, Abhyuday Data, 5 September 2023

To learn more download your complimentary report at CyberArk.com

 

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