A global financial institution has selected SSH?s PrivX as its privileged access management (PAM) solution. The initial contract value is approximately USD 0.25 million of annual recurring subscription revenue (ARR), including professional services. The contract is automatically renewable.

The approach with this customer is following land-and-expand strategy. The customer selected PrivX after a thorough evaluation of several leading PAM solutions. PrivX was chosen for its ease of use, scalability, and ability to help the customer eliminate static credentials and improve operational efficiency.

Because of PrivX?s modern technology, it is also one of the easiest solutions to deploy in large environments. Often, organizations are not implementing PAM comprehensively, leaving some of their privileged user accounts under a risk of being compromised for criminal purposes. Benefits of PrivX: Eliminates static credentials with passwordless authentication and just-in-time access, enabling easy implementation of Zero Trust access management solution; Easy to use for administrators and users; Seamless solution for certificate-based access; and Improved operational efficiency through the elimination of ?jump servers?.

PrivX is a modern PAM solution that helps organizations to control and manage access to their critical systems and data. PrivX is the core of recently launched biometric, credential-less, and borderless solution ? Zero Trust Suite.