BOSTON, Nov. 08, 2018 (GLOBE NEWSWIRE) — LogMeIn, Inc. (NASDAQ:LOGM) today announced that Gartner, Inc. has named LastPass, the company’s leading password manager, a Notable Vendor in the 2018 Midmarket Context: ‘Magic Quadrant for Access Management, Worldwide’ report. The report examines how midsize enterprises (MSEs) can look for access management solutions.
To download a complimentary copy of the full report, please visit: https://www.lastpass.com/gartner-mid-market-context-mq
According to Gartner, “the threat level and risk to MSEs continue to rise, with the volume and frequency of attacks, while the resources available to defend against them remain flat. Security breaches that exploit user behavior and the weaknesses of passwords are prevalent.”
“We believe that inclusion in this Gartner report validates the customer pain points that LastPass aims to solve for – all companies, regardless of size, need identity and access management capabilities that won’t be an administrative burden on IT staff,” said Sandor Palfy, Chief Technology Officer of Identity and Access Management at LogMeIn. “With LastPass, MSEs can overcome limited budgets and staffing resources to provide their employees the access and efficiency they need.”
According to research by LastPass, the average employee struggles to manage 191 passwords, and IT has no visibility into the poor password behaviors that inevitably follow. For over 43,000 businesses of all sizes, LastPass simplifies password security through centralized control for IT while removing password obstacles for employees. With the same experience loved and trusted by over 16 million people worldwide, LastPass Enterprise reduces the risk of breach while delivering the convenient login experience employees want.
LastPass continues to focus on driving simplicity for its users. Earlier this year, LogMeIn launched zero-knowledge, cloud-based federated login to LastPass Enterprise with Microsoft’s Active Directory (“AD”). With federated login for AD, LastPass Enterprise provides organizations with the ability to allow employees to access LastPass with their Microsoft Active Directory credentials, so they truly only have one password (their AD password) to remember.
Gartner, Midmarket Context: ‘Magic Quadrant for Access Management, Worldwide’, Gregg Kreizman, Neil Wynne, 18 September 2018.
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About LastPass
LastPass is an award-winning password manager helping millions organize and protect their online lives, at home and at work. For businesses of all sizes, LastPass provides secure password storage and centralized admin oversight to reduce the risk of data breaches and remove password obstacles for employees. With customizable policies, secure password sharing, and comprehensive user management, LastPass gives IT the tools to strengthen password hygiene across the organization. For more information, visit https://lastpass.com.
LastPass is a trademark of LogMeIn in the U.S. and other countries.
About LogMeIn, Inc.
LogMeIn, Inc. (Nasdaq: LOGM) simplifies how people connect with each other and the world around them to drive meaningful interactions, deepen relationships, and create better outcomes for individuals and businesses. One of the world’s top 10 public SaaS companies, and a market leader in communication & conferencing, identity & access, and customer engagement & support solutions, LogMeIn has millions of customers spanning virtually every country across the globe. LogMeIn is headquartered in Boston with additional locations in North and South America, Europe, Asia and Australia.
Media Contact:
Lauren Van Dam
press@lastpass.com
781-897-1328