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Corporation
INTERNET | Internet Software & Services / Monitoring & Security
centrify.com

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Founded Year

2004

Stage

Acq - Fin - II | Alive

Total Raised

$94M

Revenue

$0000 

About Centrify

Centrify redefines security from a legacy static perimeter-based approach to protecting millions of scattered connections in a boundaryless hybrid enterprise. Specializing in both Privileged Identity Management and Identity-as-a-Service, Centrify provides a single platform to secure each user's access to apps and infrastructure through the power of identity services.

Centrify Headquarter Location

3300 Tannery Way

Santa Clara, California, 95054,

United States

669-444-5200

Latest Centrify News

2021 State of Ransomware Report Reveals 83% of Victims Paid to Get Data Restored

Oct 19, 2021

Research by ThycoticCentrify shows a majority of organizations experienced a ransomware attack, while 93% are allocating special budget to fight growing threats REDWOOD CITY, Calif. and WASHINGTON, DC — Oct. 19, 2021 — ThycoticCentrify, a leading provider of cloud identity security solutions formed by the merger of privileged access management (PAM) leaders Thycotic and Centrify, today released new research confirming that ransomware has become a preferred method for cyberattacks, with nearly two out of three companies (64%) surveyed admitting to be victims of a ransomware attack in the last 12 months. The report, titled “2021 State of Ransomware Survey & Report: Preventing and Mitigating the Skyrocketing Costs and Impacts of Ransomware Attacks,” is based on survey responses from 300 U.S. based IT business decision makers. It further reveals that more than four out of five  (83%) ransomware attack victims felt they had no choice but to pay ransom demands to restore their data. The report highlights how organizations are responding to the growing threats from ransomware attacks, including: 72% have seen cybersecurity budgets increase due to ransomware threats 93% are allocating special budget to fight ransomware threats 50% said they experienced loss of revenue and reputational damage from an attack 42% indicated they had lost customers as a result of an attack “Our research shows ransomware is a threat to organizations of all sizes and levels of sophistication,” said Art Gilliland, CEO at ThycoticCentrify. “The first line of defense should be solutions that secure privileged access, including multi-factor authentication (MFA) and other methods of enforcing Zero Trust, to keep would-be cyber criminals contained and limit the damage they can inflict.” The report features three main takeaways with recommendations and resources to help mitigate damage from an attack. With so many organizations victimized by ransomware attacks, it is more important than ever that organizations prioritize creating an incident response plan to avoid being added to the growing list that have paid the ransom demand. While increasing cybersecurity budgets for network and cloud security solutions, organizations must also understand and prioritize the requirements for preventing exploit escalation with PAM security that enforces least privileged access. Preventing ransomware attacks by practicing basic cybersecurity hygiene such as regular backups, timely patching, MFA, and password protection is essential. However, PAM policies that make least privileged access a priority enable security teams to identify the attack entry point, understand what happened, help remediate, and ultimately protect restored data. A complimentary copy of the full 14-page report can be downloaded at https://thycotic.com/resources/ransomware-survey-and-report-2021/ . Follow ThycoticCentrify on Twitter and LinkedIn to learn more. About the 2021 State of Ransomware Survey & Report The report is based on responses from 300 IT Business Decision Makers in the U.S. to a survey conducted in July 2021 by Censuswide, a global research company. About ThycoticCentrify   ThycoticCentrify is a leading cloud identity security vendor, enabling digital transformation at scale. ThycoticCentrify’s industry-leading privileged access management (PAM) solutions reduce risk, complexity, and cost while securing organizations’ data, devices, and code across cloud, on-premises, and hybrid environments. ThycoticCentrify is trusted by over 14,000 leading organizations around the globe including over half of the Fortune 100, and customers include the world’s largest financial institutions, intelligence agencies, and critical infrastructure companies. © Thycotic Software, LLC and Centrify Corporation 2021. ®Centrify and ®Thycotic are registered trademarks of Centrify Corporation and Thycotic Software, LLC respectively. All other trademarks are property of their respective owners. Contacts Email*

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Research containing Centrify

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Centrify in 2 CB Insights research briefs, most recently on Sep 24, 2020.

Expert Collections containing Centrify

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Centrify is included in 6 Expert Collections, including Identity Management.

I

Identity Management

156 items

Cybersecurity companies leading in Identity & Access Management with a core product to determine identity, and/or authenticate credentials, and/or authorize appropriate access to digital and/or physical assets.

S

Smart Money VCs (2017-2019)

6,297 items

We crunched the data to identify the 24 VC firms with the best combination of portfolio valuations and investment outcomes.

R

Regtech

1,342 items

Technology that addresses regulatory challenges and facilitates the delivery of compliance requirements in FIs. Regulatory technology helps FIs and regulators address challenges ranging from traditional compliance and risk management to data reporting and transmission.

C

Cloud Computing

1,330 items

Cloud computing startups develop technologies for remote (off-premises) servers used to store, manage, and process data.

E

Enterprise SaaS

2,452 items

Software-as-a-service (SaaS) – internet based software offered as a subscription – continues to become the de facto standard for software distribution and consumption. Enterprise SaaS continues to show particular promise, emerging as one of the most well-funded categories. Startu

C

Cybersecurity

4,716 items

Centrify Patents

Centrify has filed 14 patents.

The 3 most popular patent topics include:

  • Computer network security
  • Computer security
  • Directory services
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10/6/2020

Computer network security, Directory services, Identity management, Network protocols, Social networking services

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Computer network security, Directory services, Identity management, Network protocols, Social networking services

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Centrify Web Traffic

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