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New CyberArk Partnership with Badge to Redefine the Future of Privacy in Privileged Access and Secrets Management

Brian Carpenter, Kyle Kilcoyne

Oct 1, 2024

Badge and CyberArk are helping businesses eliminate vulnerable attack surfaces and provide a more streamlined user experience.

The security landscape is increasingly complex in today’s digital age, with cyber threats becoming more sophisticated by the day. As a trusted market leader in privileged access and secrets management, CyberArk understands that safeguarding access to sensitive identity data is paramount for enterprises in securing their IT infrastructures.  


CyberArk Identity Security Platform has become essential in this battle, protecting the "keys to the kingdom" by limiting access to users and machine identities who truly need them. However, as the attack surface expands, so does the opportunity for cybercriminals to exploit vulnerabilities targeting these crown jewels.


Privileged users hold highly sensitive access credentials and face an ever-increasing threat surface. This has made these users and their credentials prime targets for cyber-attacks. Consistent with previous years, Verizon’s 2024 Data Breach Investigation Report, indicates some 70% of data breaches involve compromised or abused privileged credentials. Compromised credentials have consistently topped these reports as the leading cause of breaches, year after year. The inherent risk lies in the traditional methods of user authentication, which often rely on storing sensitive user credentials like passwords. This "weak front door" has continually posed a significant threat to organizational security. Badge solves this persistent industry challenge.


By leveraging Badge's technology to eliminate the storage of user credentials, organizations benefit unprecedented security, while maintaining a great user experience.


Badge and CyberArk are launching a new integration that:  

  1. enables unprecedented multi-factor authentication experience across all channels, including new and shared devices,

  2. offers next-generation privacy technology and a more streamlined user experience to customers

  3. brings phishing-resistant authentication to account recovery workflows.


Archit Lohokare, CyberArk’s GM for Workforce Solutions, said, “CyberArk is excited to partner with Badge and offer this new integration. It is an important step forward in our mission to deliver comprehensive identity security solutions across all identities and all environments. Badge’s expertise in eliminating stored secrets and removing friction in difficult use cases complements our identity security platform. Together, we can better secure privileged accounts and protect identities in today’s complex digital landscape.” He continued, “At CyberArk, we’re always looking for ways to advance our customers’ security posture by integrating with their security ecosystem and leveraging existing security investments. The integration of Badge with the CyberArk Identity Security Platform is an important step forward, adding an integral privacy layer that enhances security and delivers a more efficient user experience for all identities across all environments.”


“We’re proud to partner with CyberArk. This integration represents a pivotal step forward in the quest to defeat cyber threats targeting privileged accounts. Stored privileged credentials are a high-target vulnerability, and eliminating this weak point is a big step forward. It also underscores the importance of innovative cybersecurity solutions and demonstrates how advancements in technology can be leveraged to enhance security measures across the board,” said Dr. Tina P. Srivastava, Badge Co-founder. “By addressing the vulnerabilities associated with traditional authentication methods like passwords, organizations can protect their most critical assets more effectively, ensuring that their ‘keys to the kingdom’ remain out of reach from cyber adversaries.”


As cyber threats evolve, so must our approaches to cybersecurity. Together, Badge and CyberArk are helping businesses eliminate vulnerable attack surfaces and provide a more streamlined user experience.

 

About CyberArk 

CyberArk (NASDAQ: CYBR) is the global leader in identity security. Centered on intelligent privilege controls, CyberArk provides the most comprehensive security offering for any identity – human or machine – across business applications, distributed workforces, hybrid cloud environments and throughout the DevOps lifecycle. The world’s leading organizations trust CyberArk to help secure their most critical assets.


About Badge

Badge enables privacy-preserving authentication to every application, on any device, without storing user secrets or PII. Badge's patented technology allows users to derive private keys on the fly using their biometrics and factors of choice without the need for hardware tokens or secrets. Badge was founded by field-tested cryptography PhDs from MIT and is venture-backed by tier 1 investors. Customers and partners include top Fortune companies across healthcare, banking, retail, and services. Learn more at www.badgeinc.com.


Brian Carpenter, Senior Director of Business Development at CyberArk

Kyle Kilcoyne, Global Head, Partnerships & Technology at Badge

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