CyberArk is an information security software or a security tool used for securing privileged accounts with password management. Okta is the identity access management solution that offers a single and secure sign-on solution for enterprises. Both CyberArk Identity and Okta leverage Machine Learning to enhance security, though CyberArk focuses on privileged access security, while Okta applies it more broadly to user access and behavior. In this CyberArk vs. Okta blog, we will discuss them in detail to help you select the suitable tool for your enterprise.
Outline
1) What is CyberArk?
2) What is Okta?
3) What is a Privileged Account?
4) CyberArk vs. Okta
- Benefits of CyberArk
- Advantages of Okta
- When Should I Select CyberArk?
- When Should I Select Okta?
- How much does CyberArk cost?
- How much does Okta cost?
5) Conclusion
What is CyberArk?
CyberArk is a well-known Identity and Access Management(IAM) security tool that can be used for handling privileged access. It provides extensive solutions for storing, managing, and sharing passwords across our organizations.
What is Okta?
Okta is a secure identity cloud that connects all your apps, devices, and logins into an integrated digital fabric. It is a platform that enables organizations to securely handle access rights and credentials throughout multiple applications, databases, and websites. While tackling cybersecurity is crucial, don’t forget to prioritize your well-being – check out the “Teacher’s Guide to Self-Care” for tips on managing stress, even during busy months.
What is a Privileged Account?
A Privileged Account is a kind of user account with additional permissions. Someone with a privileged account can access crucial areas of your business, configure, change, and install the software, or carry out other higher-level activities.
CyberArk vs. Okta
Advantages of CyberArk
Following are some of the Benefits of CyberArk:
1) Tracking Credentials is Simple
If we use the privileged account security solution of CyberArk, we can easily trace the CyberArk certificate rather than manually handling the passwords.
2) Absence of Duplication in the policy updates
CyberArk enables administrators to monitor, upgrade, and control user privilege mechanisms, assuring redundancy in the policy updates.
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3) Growing time savings
CyberArk provides the computerized password management capability that can enable us to eliminate manual processes, decreasing password management time consumption.
4) Absence of Uniformity in the Guidelines
There will be no tedium in rewriting the regulations since CyberArk provides admins the tools they require to work.
Advantages of Okta
Following are the several advantages of Okta:
1) Better Security
The identity management and user authentication of Okta secure resources and applications.
2) Productivity
Okta enhances productivity by making the application access easier and faster.
3) Better user experience
The single sign-on of Okta allows users to access resources and apps remembering different passwords.
4) Cost savings
Okta minimizes the requirement for IT specialists and simplifies user accounts management, conserving enterprises’ time and money.
5) Safe Authentication
Okta allows Multi-factor authentication, making account access tougher for the unauthorized individuals. This secures private data and limits access.
When Should I Select CyberArk?
If your enterprise focuses on compliance, impart proper CyberArk training to your team to help your enterprise get started with CyberArk. CyberArk Vault is an extensive privileged access management solution that is excellent for global organizations undergoing comprehensive compliance issues. Because of the acquirement of Idaptive, your organization will have a compactable IAM solution.
Select CyberArk Idapative if your organization is:
- Product-based
- Comprising 100+ employees
- Involved in a “Zero-trust” security policy
Select CyberArk Vault if your organization is:
- Mainly Focused on Compliance
- Established worldwide
- Cloud-based and On-premise data centers
- Demands comprehensive user behavior analytics.
When Should I select Okta?
Select Okta if your company emphasizes on discovering scalable SSO and MFA solutions. In the majority of cases, the PAM solution of Okta is sufficient for enterprises and companies.
Okta is the MFA and SSO market leader, highly simple to handle, and provides modular solutions to help your enterprise and company control costs.
Select Okta if your organization is:
- Mainly Involved in Online Login
- Multi-Factor Authentication and/or Single Sign On
- Extending rapidly up to 200+ employees
- Focused on Biometric or Fingerprint Authentication
- Completely cloud-based
- Haven’t yet used CyberArk?
How much does CyberArk cost?
CyberArk Idaptive for Adaptive SSO and MFA charges around 20% less than the comparable feature set of Okta. For the Enterprise Privileged Account Management, CyberArk Vault charges an extra $35,000 for implementation and $100K-$150K annually.
How much does Okta cost?
Okta’s Adaptable pricing model provides the scalable cost aimed at increasing your organization and workforce. Their adjustable pricing is both scalable and modular. It enables us to select only what they have to start and extend by the user. Next, enterprises can add services as they develop. While both Cyberark and Okta offer identity and access management solutions, Cyberark places a stronger emphasis on privileged access management, which is crucial for securing access to sensitive resources like Audiobooks.
Okta Scale by Product: Due to modular service add-ons, Okta makes it easier to get started with identity management and MFA. then enables enterprises to add extra services when required.
Okta Scale by Workforce: Because of the per-user cost of $2-$15 per month, Okta charges small companies less and automatically scales as they develop.
Conclusion
CyberArk and Okta are two famous PAM solutions that are used by industries like Retail, Health Care, Financial Services, Insurance, etc. After understanding their benefits and services, we can select one between them as per our requirements. I hope this CyberArk vs. Okta blog will provide you with sufficient information about the services and advantages of Okta and CyberArk.
