SOURCE: Lieberman Software Corporation

Lieberman Software Corporation

October 25, 2016 10:56 ET

Lieberman Software Announces Privileged Identity Management as a Service (PIMaaS) from Simeio Solutions

Cloud-Based Subscription Service Secures Access to Credentials in the Enterprise

LOS ANGELES, CA--(Marketwired - Oct 25, 2016) - Lieberman Software Corporation today announced that Simeio Solutions, the leading provider of identity managed services, is leveraging the company's Privileged Identity Management (PIM) platform -- Enterprise Random Password Manager™ (ERPM) -- to deliver the most robust cloud-based subscription service that controls and audits access to privileged accounts in the enterprise. Lieberman Software will be exhibiting the technology this week in booth #B9 at RSA Charge customer conference in New Orleans.

"We are honored to have been selected by Simeio to deliver world class, scalable privileged identity and access management as a cloud-based subscription service," said Richard A Weeks, Vice President of Channel and Business Development at Lieberman Software. "Simeio has been recognized by the analyst community as a market leader in delivering cloud-based Identity-as-a-Service (IDaas). The addition of our Adaptive Privileged Management platform both complements and expands their IDaaS offering, providing another option for enterprises to deploy Privileged Identity Management with less infrastructure cost and technical complexity."

"Privileged Access Management is a critical component to reducing IT Risk, because most data breaches result from privileged account misuse," said Shawn Keve, Executive Vice President at Simeio Solutions. "Our Identity as a Service Platform lowers startup costs and significantly reduces the risk of catastrophic data breaches by automatically discovering and eliminating privileged access security threats before cyberattacks can exploit them, without the need for expensive on-premises infrastructure components."

Simeio is an RSA authorized Identity Governance partner and offers a complete set of enterprise-grade security and identity capabilities as service. Lieberman is a cyber security software vendor that defends enterprises against cyber attacks that penetrate the network perimeter.

Securing Privileged Access to Reduce Data Breaches
In large organizations, powerful privileged accounts grant super user access to systems and devices in the enterprise. The credentials for these privileged accounts are often exploited during cyber attacks to gain access to systems with sensitive data. By stealing privileged credentials, attackers can anonymously move from system to system on the network until they find valuable information. According to the Verizon 2016 Data Breach Investigation Report, 76% of network intrusions exploited weak or stolen credentials.1

Research from Aberdeen indicates that managing credentials for privileged access reduces the risk of a data breach by up to 80%.2 The Simeio Identity as a Service Platform, powered by Lieberman Software, automatically locates, secures, and audits access to privileged credentials in cloud, hybrid and on-premises environments.

For more information on the Lieberman Software Privileged Identity Management solution visit www.liebsoft.com/erpm/.

About Simeio Solutions
Simeio Solutions enables employees, customers, citizens and partners to engage securely with anyone, anywhere and at anytime by providing the industry's most complete set of enterprise-grade security and identity capabilities as a managed service. All of Simeio's Managed Identity Services are backed by the Simeio Identity Intelligence Center™ (IIC), which brings together best-of-breed platform technologies, total visibility through a 'single pane of glass,' field-proven processes & methodologies, and the most skilled security & identity experts anywhere. In 2016, Simeio received the highest service score in the "traditional/legacy workforce" use case by Gartner, Inc. in its Critical Capabilities for Identity and Access Management as a Service, Worldwide.3

Headquartered in Atlanta, GA and with offices around the world, Simeio provides services to Global 2000 companies across all industries, including financial services, hospitality, technology, healthcare, utilities, education and government. To learn more about Simeio Solutions visit http://www.simeiosolutions.com.

About Lieberman Software Corporation
Lieberman Software blocks cyber attacks that bypass conventional enterprise defenses and penetrate the network perimeter. The company provides award-winning privileged identity management and security management products. By automatically securing privileged access -- both on-premises and in the cloud -- Lieberman Software controls access to systems with sensitive data, and defends against malicious insiders, zero day attacks and other advanced cyber threats. For more information, visit www.liebsoft.com.

1Verizon 2016 Data Breach Investigations Report, Verizon Enterprises, 2016
2How Managing Privileged Access Reduces the Risk of a Data Breach, Derek Brink, Aberdeen Group, 2015
3Gartner, Critical Capabilities for Identity and Access Management as a Service, Worldwide, Neil Wynne, Gregg Kreizman, 29 September 2016

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