Delinea announces acquisition of Fastpath

At the forefront of strategic expansion, Delinea has announced a definitive agreement to acquire Fastpath.

Building upon its recent acquisition of Authomize, this strategic step signifies a substantial advancement in Delinea’s capacity to strengthen privileged access, controls and governance, thereby mitigating organisational cybersecurity risks and ensuring compliance.

Strategic acquisition

By integrating Fastpath’s expertise, the company is positioned to deliver a comprehensive, AI-driven authorisation security platform, establishing itself as the premier resource for managing authorisation across infrastructure, applications and data.

The initiative promises unparalleled insights and control over user access and privileges.

Art Gilliland, CEO, Delinea commented: “This strategic acquisition by Delinea heralds a new era in identity security, establishing pioneering standards for privileged access management in an increasingly digital and interconnected world, where cybersecurity challenges are constantly evolving.

“The addition of Fastpath will empower the Delinea Platform to dynamically control authorisations by assessing user risk.

“This advanced approach is crucial for securing modern, distributed environments across infrastructure, applications and data.”

In today’s rapidly evolving industry landscape, dominated by infrastructure as a service and software as a service applications, organisations grapple with an expanding attack surface and the complexities of managing data and identity sprawl.

The timely integration of Fastpath with Delinea addresses these pressing challenges head on, offering Chief Information Security Officers (CISOs) and their teams advanced tools to navigate the intricate interactions between privileged users and corporate data.

“Reduce risk and mitigate threats”

Martin Kuppinger, Founder and Principal Analyst, KuppingerCole said: “The challenge that CISOs are struggling with is that identities are increasingly decentralised, but that leaves a lot of open gaps for authorisation.

“Authorisation and policy models need to be managed and more centralised, especially as privileged users are not limited to traditional admins but expand to line of business users.

“Solving the challenge of centralising, orchestrating and automating authorisation is critical to effectively reduce risk and mitigate threats in decentralised environments spanning all identities.”

By integrating Fastpath’s identity governance and administration (IGA) capabilities with Authomize’s identity threat detection and response (ITDR) technology, Delinea emerges as an unparalleled provider of comprehensive insights and control mechanisms for user access.

This synergy not only detects instances of overprivileged access and potential threats but also enables automated remediation through intelligent access controls, thereby greatly enhancing data security and compliance measures.

“Powerful synergy between Fastpath and Delinea”

Charles Snellgrove, CEO, Fastpath concluded: “There is a powerful synergy between Fastpath and Delinea.

“In today’s landscape, business leaders face a complex set of security challenges.

“By bolstering capabilities to enhance privileged access, controls and governance, organisations can effectively mitigate cybersecurity risks.

“The collaboration between Fastpath and Delinea marks a transformative milestone in identity security, offering unparalleled insights and control over user access and privileges.”

The acquisition is contingent upon customary closing conditions, which include regulatory review.