2023 Keeper Retrospective: A Year of Growth, Innovation and Appreciation

As we conclude a record-breaking year of growth at Keeper Security,  I believe it’s important to take time to reflect on our achievements and appreciate the people who helped make 2023 a special year. Keeper experienced a transformative period of growth, innovation and strategic expansion that helped solidify our position as a leading force in cybersecurity. Most importantly, our efforts were focused on delivering on critical unmet needs of our existing customers and emerging markets – to help protect people and organizations against data breaches, ransomware and other cyber threats.

Our team, private equity investors, board members, advisors, channel partners, customers and other stakeholders were collectively, a driving catalyst for this. Our team’s professional passion, positive energy and relentless drive for excellence in creating world-class software and customer-centric services is something special.  It is a blessing to work with them on the fine details – every day, and with that alone, I am grateful.  

Please join us in reflecting on the highlights of this year’s journey as we unveil the 2023 Keeper Retrospective!

Celebrating Keeper’s Key Achievements

Market Expansion

In May, Keeper® expanded the company’s reach with the opening of our Asia-Pacific headquarters in Tokyo, Japan– showcasing our unique commitment to providing industry-leading cybersecurity solutions in global markets and providing curated service to customers in the region, including Australia and New Zealand. Keeper was proud to celebrate the grand opening with a red carpet event that welcomed partners, press, board members and special guests, including U.S. Ambassador to Japan, Rahm Emanuel and state leaders in Japan. With this expansion, Keeper is addressing the Asia-Pacific region’s substantial growth in the consumer technology sector and the pervasive need for world-class cybersecurity protection, including password and Privileged Access Management (PAM)  solutions, to keep customers, data and systems secure.

Strategic Investment

Global private equity firm Summit Partners made a significant investment in Keeper this year that will serve as a catalyst to further propel our momentum. This investment bolsters Keeper’s growth and cements our position as the leading innovator in enterprise password, passkey, secrets, privileged connection and privileged access management. With the support of existing private equity investor Insight Partners, a strategic synergy has been created that further reinforces our position as a global cybersecurity leader in both the public and private sectors.

Product Innovation

KeeperPAM Platform: The launch of our next-generation KeeperPAM™ platform was a defining moment for Keeper and the broader cybersecurity industry, as we disrupted the traditional Privileged Access Management (PAM) market with a next-generation solution that is cost effective, easy to deploy and covers the entire organization. KeeperPAM provides enterprise-grade password, secrets and privileged connection management within a unified SaaS platform, embodying our commitment to providing innovative zero-trust and zero-knowledge security protection to protect against vertical and horizontal attack vectors. To learn more about how KeeperPAM can simplify privilege management for every user on every device, request a demo today.

Passkey Support: As we look ahead to the exciting potential for a passwordless future, Keeper introduced passkey support in our browser extensions, positioning ourselves as a leader in both password and passwordless technology management, and demonstrating our commitment to providing innovative ways for individuals to protect their data. Passkeys created and managed in the Keeper Vault can be used on any device or Operating System (OS), which eliminates the lack of cross-functionality caused by creating and storing passkeys on a specific device. 

User Interface Updates: This year, Keeper refreshed the look and feel of our products with a beautifully refreshed and easy-to-use User Interface (UI). Our UI enhancements reflect our dedication to providing a friendly and intuitive experience for all users. The upgraded user interface offers better accessibility, enhanced familiarity and improved search based upon the latest firmware and modern capabilities of OEM devices.

Research Leadership

Collaborating with leading research firms, we surveyed individuals as well as IT and security leaders globally, to delve into the realities of password and privileged access management. We sparked important dialogue on topics relating to cybersecurity, both at home and in the workplace. 

Our Parental Practices Report, covered by news outlets around the globe, highlighted the importance of teaching children about digital and online safety, and emphasized the need for increased awareness about cybersecurity among parents. Alarmingly, the study found that 30% of parents admitted to never having talked with their children about cybersecurity. Further, 44% of children of the parents surveyed had mobile phones and at the same time – children had insufficient cybersecurity guidance.

Our Password Management Report made a strong case for the need for secure and efficient password management solutions. The findings in this report, shared widely in the news and on social media, revealed that 64% of people surveyed resort to using weak passwords to secure their accounts. More than a third of these respondents indicated that they felt overwhelmed by efforts to improve their overall cybersecurity. Keeper addresses these widespread issues by making password management secure, simple, efficient and cost-effective for both consumer and enterprise users.

Through a series of three surveys on privileged access management, we shed light on why KeeperPAM is the modern PAM solution for IT leaders in any industry. In February, we released findings that showed 84%  of IT leaders want to simplify their PAM solution. We found that the industry needs modern, unified PAM solutions that address perimeterless, multi-cloud IT environments and distributed remote workforces. Over the summer, we released a second PAM report showing that  56% percent of respondents have tried to deploy a PAM solution but did not fully do so, and 92% cited overly-complex solutions as the main reason. Finally, in December, we released survey results that show an overwhelming 82% of respondents said they would be better off moving their on-premises PAM solution to the cloud, with only 36% of IT leaders saying it makes sense to have an on-premises PAM solution in the current economic climate. Keeper remains the clear solution to address these challenges.

Looking Forward to 2024

As we move into the new year with strong, positive momentum, we want to express our deepest gratitude to our exceptional team, loyal customers and channel partners for their excitement and support of Keeper’s mission. Keeper is committed to creating and delivering unparalleled cybersecurity solutions globally. We are excited about our product roadmap and expanded service offerings and look forward to introducing you to Keeper’s newest innovations in 2024.

Thank you again for being part of this epic journey with us.