New Hashicorp Boundary Offering Delivers Identity-Driven, Modern Privileged Access Management

 HashiCorp a leader in multi-cloud infrastructure automation software, announced at its European user HashiDays, new products and solutions to expand HashiCorp’s identity-based security portfolio. These include a new addition for privileged access management (PAM), HashiCorp Boundary Enterprise, and a simplified secrets management SaaS offering, HashiCorp Cloud Platform (HCP) Vault Secrets. These offerings expand HashiCorp’s approach to identity-based security for dynamic cloud environments.

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According to the HashiCorp 2023 State of Cloud Strategy Survey, conducted by Forrester Consulting, as organizations transition to a cloud operating model, two of the three highest-ranking security initiatives are secrets management and access control/session management. The offerings announced today are a key part of HashiCorp’s identity-based, multi-cloud approach to security.

“The new Boundary Enterprise and HCP Vault Secrets offerings address critical multi-cloud security challenges,” said Armon Dadgar, co-founder and CTO of HashiCorp. “We are working closely with customers as they transition to the cloud and helping them succeed faster by adopting identity-based security, a critical piece of a cloud operating model.”

Modern privileged access management with HashiCorp Boundary
As organizations move to the cloud, traditional privileged access management approaches that rely on managing SSH keys and VPNs to manually access applications and systems become cumbersome and can expose the private network. HashiCorp’s approach improves upon legacy PAM tools that require highly manual configuration and rely on IP-based security. HashiCorp Boundary integrates identity-driven controls to enable secure user access across dynamic environments without exposing the network to users.

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“HashiCorp Boundary has made it possible to operationalize our zero trust access strategy and improve our privileged access management,” said Andrew Vezina, CISO and VP at EQ Bank. “With its powerful capabilities and least-privileged access model, HashiCorp Boundary has helped us eliminate manual, time-consuming privilege access management tasks and elevated our security posture to mitigate evolving threats.”

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