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Thycotic plans $100 million security software giveaway


By Ian Barker
 


 
Privileged accounts exist in all areas of business IT and if compromised they can provide an external attacker or dishonest insider access to sensitive data.
Account management company Thycotic wants to help businesses protect themselves and so is giving away a no-cost version of its Secret Server package to guard against attacks that target privileged accounts.
 Secret Server Free will provide customers with a package valued at $5,000, at no-cost, to protect their privileged account credentials. By the end of the year, the company plans to protect more than 20,000 global organizations against cyber-attacks giving away a total of total $100 million worth of free privileged account security software.
"At Thycotic, we are on a global mission to help IT teams worldwide protect their organizations from hackers and have already done so for more than 3,500 organizations", says James Legg, CEO of Thycotic. "With the introduction of Secret Server Free, we will continue towards accomplishing this undertaking by making it easier, and more affordable, for IT teams to prevent cyber-attacks leveraging our industry-leading PAM security software at no cost to them.
 
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3 replies

Baldrick
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  • March 22, 2016
Call me a cynic...but what is in it for them? I just cannot understand what their angle is in terms of this sort of giveaway. They woul;d not do it unless they stood to gain big time from the results or as a consequence of this?

Ssherjj
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  • March 22, 2016
Same here Baldrick! This sounds to good to be true and they have to gain something for all of this security give aways?

Jasper_The_Rasper
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I don't think you are cynic Baldrick, you are just thinking the obvious like the rest of us 😉