Thycotic

Thycotic was a cybersecurity company that specialized in privileged access management (PAM) and secret management. It provided solutions designed to protect privileged accounts and credentials across on-premises, cloud, and hybrid environments. Its flagship PAM product, Secret Server, offers password vaulting, automated password rotation, access control, session management, and auditing. The company also offered cloud-based secret management solutions, including Secret Server Cloud, and tools for enforcing least-privilege, with integrations to directory services, cloud providers, and security platforms.

Headquarters and reach: Thycotic was based in the United States with a global customer base and international operations.

History and corporate developments: Thycotic was founded in the early 2000s and grew as demand for privileged access management and secret management increased in enterprise IT. In 2021, Thycotic merged with Centrify to form Delinea, a cybersecurity company focused on privileged access management. The Delinea platform combined PAM capabilities from both legacy organizations and continued to offer solutions that build on Thycotic’s Secret Server and Centrify’s technologies.

Impact and market position: Thycotic’s products targeted enterprises across industries such as finance, healthcare, manufacturing, and government, aiming to reduce the risk of credential theft and insider threats by securing and auditing privileged credentials and access.

See also: Privileged access management.