BeyondTrust
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This article appears to be written like an advertisement. (November 2011) |
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| Type | Private |
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| Industry | Enterprise Security Identity Management and Access Control, Vulnerability Management, Compliance Reporting |
| Founded | 1985 |
| Headquarters | San Diego, California, USA |
| Key people | John Mutch, Chief Executive Officer Kevin Hickey, President and Chief Operating Officer Bryce Hancock, Chief Financial Officer Marc Maiffret, Chief Technology Officer |
| Products | Privilege and Identity Management Vulnerability Management |
| Owner(s) | Privately held |
| Employees | 150 - 200 |
| Website | http://beyondtrust.com/ |
BeyondTrust (formerly Symark) is an American company that develops, markets, and supports a family of privilege identity management and vulnerability management products for UNIX, Linux, Windows and Mac OS operating systems. With over 25 years of security and compliance solution leadership, BeyondTrust's security software products provide consistent policy-driven vulnerability and privilege management, role-based access control, monitoring, logging, auditing and reporting to protect internal assets from the inside out. The company's products empower IT governance to strengthen security, improve productivity, drive compliance, and reduce expense across physical, virtual, mobile and cloud environments.
BeyondTrust was originally founded in 2006 and provided Least Privilege Management software for the Microsoft Windows OS, before UNIX vendor Symark acquired BeyondTrust in 2009 and adopted BeyondTrust as the new company name.123
Today, BeyondTrust markets what they call "Context-Aware Security Intelligence", giving customers the visibility and controls necessary to reduce their IT security risks, while at the same time simplifying their compliance reporting.
Their solutions identify and remediate the vulnerabilities that form the basis for cyber-attacks, and mitigate internal threats that arise from the accidental or intentional misuse of system or device privileges. In short, they protect from both the external and internal threat.
BeyondTrust offers consistent policy-driven vulnerability and privilege management, role-based access control, monitoring, logging, auditing and reporting to protect internal assets from the inside out. The company's products empower IT governance to strengthen security, improve productivity, drive compliance, and reduce expense across physical, virtual, mobile and cloud environments.
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History of BeyondTrust
Symark
Symark was founded in 1985 as a VAX/VMS utility software company in Los Angeles' San Fernando Valley. Its name is derived from the initials of its founders Bob Sommers and Doug Yarrow. Symark was also a client-server computing vendor, before later acquiring a license for the UNIX security product UPM (now owned by Quest Software) and rebranding their version PowerBroker.4 Symark relocated to Westlake Village, California, then again to Agoura Hills.
The company was focused on identity, access, and password management for privileged users on UNIX systems. From 2003—2008 the company expanded in Spain, Portugal, Japan and Latin America. During the same time period they also grew almost 300 percent and were one of the fastest growing private companies in the L.A. area.
The Original BeyondTrust
In 2003, AutoProf introduced the AutoProf Policy maker, which was the first commercial productcitation needed to build upon Microsoft's built-in Group Policy Objects to make common tasks like mapping network drives or sharing printer connections easier. In 2005, AutoProf grew 90% in revenue over the previous year5 and changed their company name to DesktopStandard.6 Four million desktops were under management of DesktopStandard's software across 3,500 customers. Between 2003—2005, DesktopStandard added six products to their portfolio for RBAC, password management, and identity access management on Windows.
Acquisitions
2009: Symark acquired the Windows-based business of BeyondTrust in 2009 for approximately $20 million dollars7 and they adopted BeyondTrust as the new company name.8
2011: BeyondTrust acquired software from Likewise Software that helps businesses bridge Linux, Unix, and Mac environments to Microsoft Active Directory. The acquisition expanded its portfolio of "inside perimeter" security capabilities for Windows and Unix-based systems to include authentication and auditing management for cross-platform and cloud environments.9
May 2012: BeyondTrust Acquired Vulnerability Management Pioneer eEye Digital Security. Together the companies will offer the market's most comprehensive solution for intelligent, context-driven security and compliance.10
December 2012: BeyondTrust Acquired Blackbird Group to Help Organizations Better Protect Identity Investments. Acquisition adds to the company's product portfolio to unlock the value of Active Directory as the authoritative identity store. With this addition, BeyondTrust furthers its vision to simplify IT security operations management, while providing customers much-needed context to improve decision-making to protect against both internal and external security threats.11
BeyondTrust Customers
With more than 25 years of global success, BeyondTrust is the pioneer of both Threat Management and Privileged Identity Management (PIM) solutions for heterogeneous IT environments. More than half of the companies listed on the Dow Jones Industrial Average rely on BeyondTrust to secure their enterprises. Customers include 8 of the world's 10 largest banks, 8 of the world's 10 largest aerospace and defense firms, 7 of the 10 largest U.S. pharmaceutical companies, all 5 branches of the U.S. Military as well as renowned universities across the globe.
Media Mentions and Coverage
CNBC: Security Takes a Backseat in Tech: Pro
WIRED: WIRED IT Security's Best Kept Secret Hiding in Plain Sight
Marc Maiffret, BeyondTrust CTO, has been featured in various publications including CNN, Fox News, Security Week, SC Magazine, PC World, and Computer World.
References
- ^ By Tim Wilson, Dark Reading. "Symark Buys BeyondTrust, Takes BeyondTrust Name. " September 14, 2009.
- ^ By Steve Ragan, The Tech Herald. "Symark and BeyondTrust – best acquisition ever. September 14, 2009."
- ^ By Doug Barney, Redmond Magazine. "Desktop Standard Bought by Microsoft -- Mostly. " October 3, 2006. Retrieved on August 28, 2009.
- ^ By Alex Woodie, The Linux Beacon. "Symark Tackles Tough Access Control Problems. " April 2, 2008.
- ^ Press Release. "AutoProf Announces Record Year Revenue Growth. " January 12, 2005. Retrieved on August 28, 2009
- ^ Press Release. "Article: AutoProf Announces Name Change and Releases Group Policy Security Product; DesktopStandard Corporation Provides Application-Level Security Product to Satisfy Regulatory Compliance Needs. " January 26, 2005. Retrieved on August 28, 2009.
- ^ http://www.itworld.com/beyondtrust
- ^ By Jackie Noblett, Mass High Tech. "BeyondTrust acquired by Symark. September 14, 2009
- ^ http://www.networkcomputing.com/wan-security/beyondtrust-acquires-assets-of-likewise/231001292
- ^ http://www.reuters.com/article/2012/05/10/idUS166340+10-May-2012+BW20120510
- ^ http://www.cmswire.com/cms/information-management/beyondtrust-acquires-blackbird-group-improves-enterprise-security-018713.php
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