Bomgar has acquired identity and credential management software provider Lieberman Software.
Remote access is the most common attack pathway for attackers and the majority of today’s data breaches involve a stolen privileged credential.
Bomgar now looks to offer an approach to securing access to critical systems and ensuring the credentials to those critical systems are managed and protected.
The deal for Lieberman Software pushes Bomgar’s mission to help organizations connect by adding technology to discover, manage, and protect privileged credentials while simultaneously identifying and neutralizing attacks.
“With our combined technologies, we will deliver a true defense-in-depth PAM (privileged access management) solution with a quick time to value, rapid deployments, and a winning user experience,” said Matt Dircks, Bomgar chief executive.
Through 2021, organizations with PAM tools will have at least 50 percent lower risk of impact by advanced threats compared to their peers without PAM tools, according to a Gartner report.
Bomgar currently offers a seamless integration between Lieberman’s credential management functionality and Bomgar’s privileged session management capabilities. The acquisition will result in a single PAM offering with capabilities for:
• Privileged account auto-discovery
• Credential management and rotation
• Service account management
• Privileged session management
• Insider and vendor access
Terms of the deal were not immediately available.