Identity security company CyberArk (NASDAQ: CYBR) announced on Wednesday that it has launched MSP Hub, a new SaaS-based console, alongside an optimized partner program to help Managed Services Providers (MSPs) scale and differentiate their identity security offerings. The initiative is designed to boost operational efficiency, profitability and service innovation across CyberArk's ecosystem of over 300 MSP partners.

MSP Hub, the evolved version of CyberArk's MSP Console, provides a centralised, multi-tenant management platform for deploying and overseeing the CyberArk Identity Security Platform. This enables MSPs to deliver converged identity security solutions - spanning Privileged Access Management (PAM), Identity Governance and Administration (IGA), and Identity and Access Management (IAM) - to a broad customer base.

The enhanced partner program introduces dedicated SKUs and tiered discounts, supporting scalable revenue growth for MSPs building services around CyberArk's AI-powered platform. The platform enables intelligent privilege controls and continuous threat prevention across all identity types, aligning with zero trust and least privilege principles.

With this launch, CyberArk reinforces its position as a leading provider of identity security solutions, aiming to empower MSPs with the tools needed to address evolving cybersecurity demands in multi-cloud and hybrid enterprise environments.