CyberArk recently introduced an identity bolt-on product. PAM tools and IAM tools are broadening their horizons to become a one-stop shop. Okta has a PAM solution which is not very effective but it is an attempt to be an all-in-one shop. CyberArk Cloud has gained traction, particularly among small to mid-size companies not needing the full customization and feature set of the tool. As with most cloud offerings, CyberArk's Cloud service expects out-of-the-box usage, with vendors maintaining and upgrading the system, limiting customization. This offers a viable solution for companies without significant on-premises needs, saving costs on servers and full-time employees.
I would advise evaluating whether you can manage with the cloud version's feature set, as it is simplified and requires minimal on-premises resources. An on-premises connector minimizes firewall rules and facilitates cloud communication, allowing the on-premises connector to interact with other targets. Delinea's cloud offering similarly requires an on-prem component called a site connector. If a simplified cloud feature set suffices without extensive customization needs, choose the cloud version to potentially save money, eliminating the need for assets on-premises and full-time employees for upkeep.
If someone thinks that they do not need a privileged access management tool because they are already using other security tools, I would wonder what features their tool is providing. Does it have account discovery and onboarding? Does it have proxying, web recording, and retention for videos of people accessing their assets? Does it support automatic pass or remote rotation? I would like to compare feature sets.
CyberArk Privileged Access Manager has not helped reduce the number of privileged accounts. In most organizations I have joined, users have their own account for logging in, and in the interest of security, a separate administrative account is created that gets vaulted in CyberArk. So, they have doubled credentials because people have a normal login plus an administrative login for doing privileged activities. You also have to factor in roughly 45 nonhuman privileged accounts or identities for every human identity because of your scanners, robotic process automation, and automatic agile builds from your CI/CD tools. All of these nonhuman factors are also reaching out and getting credentials from CyberArk. The point of a PAM system is not to reduce the number of privileged accounts. The point is to find accounts that are already in your system with account discovery and make sure they are managed by the tool. That extends to things like SSH keys. Most organizations have no clue how many SSH keys they have in their environment. CyberArk offers SSH key management as well. So, it does not reduce the number of privileged accounts. If anything, it encourages people to have more because they now have a tool to do all this work for them, and they do not have to do it manually.
I would rate CyberArk Privileged Access Manager an eight out of ten.