CyberArk Maintains a “Clear Lead” in Overall Market; Recognized for
Ongoing Product Innovation, Global Customer Base and Strong Partner
Network
NEWTON, Mass.--(BUSINESS WIRE)--Dec. 22, 2015--
CyberArk
(NASDAQ: CYBR),
the company that protects organizations from cyber
attacks that have made their way inside the network perimeter, has
been named the Overall Leader by independent analyst firm KuppingerCole
in its Leadership
Compass: Privilege Management 2015 report.
CyberArk surpassed the other vendors by being positioned as the
Leader across all the report’s evaluation categories: Overall, Product,
Market and Innovation. To help companies make intelligent vendor choices
to protect against privileged account compromise, the firm analyzed 12
vendors and named CyberArk the “Gold Standard” and the “one to beat in
Privilege Management.” The CyberArk
Privileged Account Security Solution was the only one to receive the
highest possible product rating across security, functionality,
integration, interoperability and usability categories.
In the report, KuppingerCole examines the critical role of privileged
account security in mitigating the risk of devastating cyber
attacks, as well as managing emerging threats associated with enterprise
mobile and cloud
adoption. According to the report, “even the most sophisticated attacker
would find it almost impossible to succeed without having access to
privileged credentials.”
“In the increasingly complex cyber threat landscape, privileged account
security has become a business imperative,” said Martin Kuppinger,
founder and principal analyst, KuppingerCole. “With proven, innovative
products and firm understanding of how to address customers’ most
critical IT security challenges, we named CyberArk the Overall Leader in
Privilege Management for the second year in a row. CyberArk should be
included in every vendor evaluation and product selection process for
Privilege Management.”
CyberArk was recognized for the strengths of its comprehensive CyberArk
Privileged Account Security Solution including capabilities for threat
analytics and alerts; session
management and monitoring; account management; least
privilege management; support for AWS and Microsoft Azure management
consoles; and large partner ecosystem.
“As KuppingerCole outlines in the report, it’s increasingly clear that
organizations must prioritize privileged account security. The risks
posed by unprotected privileged accounts, including the possibility of
shutting down entire businesses, are too immense to ignore. It’s time to
take action,” said John
Worrall, chief marketing officer, CyberArk. “It’s rewarding to see
leading global analyst firms put privileged account security on the top
of the enterprise security priority list, and truly an honor to be
recognized by KuppingerCole as the Leader in this critical security
market sector.”
To download a free copy of the KuppingerCole Privilege Management
Leadership Compass, visit: http://www.cyberark.com/KuppingerColePrivilegeManagement2015/
About CyberArk
CyberArk is
the only security company focused on eliminating the most advanced cyber
threats; those that use insider privileges to attack the heart of the
enterprise. Dedicated to stopping attacks before they stop business,
CyberArk proactively secures against cyber threats before attacks can
escalate and do irreparable damage. The company is trusted by the
world’s leading companies – including 40 percent of the Fortune 100 and
17 of the world’s top 20 banks – to protect their highest value
information assets, infrastructure and applications. A global company,
CyberArk is headquartered in Petach Tikvah, Israel, with U.S.
headquarters located in Newton, Mass. The company also has offices
throughout EMEA and Asia-Pacific. To learn more about CyberArk, visit www.cyberark.com,
read the company blog, http://www.cyberark.com/blog/,
follow on Twitter @CyberArk or
Facebook at https://www.facebook.com/CyberArk.
Copyright © 2015 CyberArk Software. All Rights Reserved. All
other brand names, product names, or trademarks belong to their
respective holders.
View source version on businesswire.com: http://www.businesswire.com/news/home/20151222005158/en/
Source: CyberArk
Media Relations Contacts:
fama PR
Brian Merrill,
+1-617-986-5005
cyberark@famapr.com
or
CyberArk
Liz
Campbell, +1-617-558-2191
press@cyberark.com
or
Investor
Relations Contact:
CyberArk
Erica Smith, +1-617-630-6426
ir@cyberark.com