Company Research Report: Bravura Security Inc.

Company Overview

• Name: Bravura Security Inc.

• Mission: To deliver deployable and manageable identity, entitlement, and credential governance solutions to customers, enabling them to strengthen internal controls, harden network security, lower operating costs, improve user service, and enable new business.

• Founded: Originally founded in 1992 as M-Tech Information Technology.

• Acquisitions: Acquired by Hitachi, Ltd. in 2008 and subsequently acquired by the Volaris Group in 2022.

• Key People: Nicholas Brown, Chief Executive Officer; Jeff Reich, Executive Director of IDSA.

• Headquarters: Alberta, Canada

• Number of Employees: Provides solutions to over 1200 organizations with a cumulative 14 million users; specific employee count not listed.

• Revenue: No information is available.

• Known For: Bravura Security is recognized for delivering best-in-class identity, privileged access, password, and passwordless management products. Their software assists Fortune 500 companies and is noted for high scalability, fault tolerance, pragmatic design, and low total cost of ownership.

Products

Bravura Security Fabric

• Description: A singular platform combining Identity Management, Privileged Access, and Password Management to streamline and secure management of identities, security entitlements, and credentials.

• Key Features: Automated policies, built-in threat detection, robust governance and compliance checks, streamlined service-level agreements, decreased risk, and low total cost of ownership.

Bravura Pass

• Description: A system that simplifies credential management across systems and applications with features like self-service password and PIN reset.

• Key Features:

• Password synchronization

• Strong authentication (MFA)

• Managed enrollment of security questions and biometrics

Bravura Identity

• Description: Managed digital identities across platforms, promoting a zero-trust framework.

• Key Features:

• Automation from System of Record

• Request portal and approval workflow

• Role-Based Access Control

• Analytics

Bravura Privilege

• Description: Manages privileged access securely, reducing IT security risk.

• Key Features:

• Randomized passwords

• Credential vault

• Biometric authentication

• Session monitoring

Bravura Safe

• Description: Manages decentralized secrets and passwords, addressing potential security risks.

• Key Features:

• Auto-generate strong passwords

• Encrypted repository for data

• Team collaboration capabilities

Recent Developments

New Products and Features

• Bravura Pass Plus: Refines password management by automating password lifecycles and enhances security with a user and administrator dashboard for password health.

• New API and DMZ Support: REST API expansions allow integration with a wide range of applications, and new DMZ and Disconnected Persistent Discovery Support improves monitoring of identity states in isolated networks.

Achievements

• SOC 2 Type 2 Compliance: Completion of the SOC 2 Type 2 audit reflects Bravura Security's commitment to data security and operational integrity.

• Partnerships: Collaborated with Moran Technology to drive IAM and cybersecurity solutions for higher education.

Strategic Initiatives

• Identity Management Day: Participation in the global awareness platform to champion stronger IAM and PAM strategies.

• EDUCAUSE Cybersecurity Session: Hosting a session to facilitate identity governance in the education sector.

These advancements reflect Bravura Security’s ongoing commitment to leading the industry by advancing identity and privileged access management solutions while maintaining robust security measures and scalable products.