Combination of New Targeted Behavioral Analytics with Proven
Privilege Management and Application Control Capabilities Enables
Organizations to Better Detect and Contain Cyber Attacks
NEWTON, Mass. & PETACH TIKVAH, Israel--(BUSINESS WIRE)--Nov. 16, 2016--
CyberArk
(NASDAQ: CYBR),
the company that protects organizations from cyber
attacks that have made their way inside the network perimeter, today
announced new behavioral analytics to block and contain advanced threats
targeting credential theft at the endpoint. CyberArk Viewfinity,
with enhanced threat protection features, is now available as CyberArk
Endpoint Privilege Manager.
CyberArk also released new
research from CyberArk Labs today demonstrating security weaknesses
in Windows operating systems that allow attackers with local
administrator rights to steal and use encrypted service credentials to
achieve lateral movement and full domain compromise. This research
supports a recent FBI
flash alert that recommends prioritizing credential protection,
including implementing least privilege and restricting local accounts,
to limit a threat actor’s ability to gain highly privileged
account access and move throughout a network.
CyberArk
Endpoint Privilege Manager protects against advanced threats that
exploit privileged credentials by interlocking three core capabilities:
privilege management, application
control and new targeted credential
theft detection and blocking to stop and contain damaging attacks at
the endpoint.
According to testing done by CyberArk Labs on more than 150,000
ransomware samples, the removal of local administrator rights, combined
with application control and greylisting, was 100 percent effective in
preventing this ransomware from encrypting files. Despite recognition
that the removal of local administrator rights on the endpoint
is an established best practice, a recent survey highlighted that an
alarming 62 percent of organizations have not taken steps to remove them.1
“Even if malware disappeared tomorrow, attacks and breaches would still
occur. Organizations need to be thinking about long term solutions, not
just addressing the latest threat in the headlines,” said Adrian
Sanabria, senior security analyst, 451 Research. “With attackers getting
better and better at evading short-term prevention methods,
organizations must also focus efforts on reducing the endpoint attack
surface and hardening, including defending admin privileges against
malicious abuse.”
Reducing the Attack Surface with Privilege Security on the Endpoint
CyberArk
Endpoint Privilege Manager now helps organizations detect and block
credential theft attempts by malicious users and applications including
Windows credentials, remote access application credentials and those
credentials stored by popular web browsers such as corporate network and
cloud applications. CyberArk is also able to block hash harvesting at
the endpoint to prevent Pass-the-Hash,
an attack leveraging stolen credentials.
New targeted behavioral analytics are based on cyber threat detection
technology acquired from Cybertinel last year, combined with continuous
research from CyberArk Labs focused on identifying common privileged
account-based attack patterns and malware behavior to further reduce the
risk of emerging threats. These new capabilities complement enterprise
security best practices for hardening the endpoint, including:
-
Removing local administrator credentials: CyberArk automates
the removal of local administrator rights to reduce risk while
alleviating pressure on help desk support, and minimizing impact on
user activity by seamlessly elevating privileges for authorized
applications or tasks.
-
Enabling flexible application control: CyberArk application
control capabilities, featuring automatic policy creation, allow
organizations to prevent malicious applications from executing and
utilize greylisting to run unknown applications in a restricted mode.
Additionally, by focusing specifically on detecting and containing
credential theft at the endpoint, security teams are alerted on the
specific threats that can pose the most danger to an organization,
allowing them to reduce “noise” and prioritize remediation efforts
accordingly.
“Instead of adding layer after layer of preventative endpoint security
controls on a weak foundation, CyberArk offers customers a different,
proactive approach – one that prioritizes securing privilege across the
organization and extends it to the endpoint,” said Roy Adar, senior vice
president, product management, CyberArk. “We know advanced attacks start
at the endpoint with attackers going after credentials, so we combined
powerful technology, deep research and known best practices to stop them
from advancing and doing damage.”
With CyberArk Endpoint Privilege Manager as part of the CyberArk
Privileged Account Security Solution, customers gain a complete,
centralized solution to protect, monitor, detect, alert and respond to
privileged account activity. Additionally, the CyberArk
Discovery and Audit (DNA) tool v7.0 helps organizations broaden
their visibility into privileged accounts and privileged account risks
by extending discovery capabilities into public cloud
environments and uncovering credential-harvesting risks at the
endpoint.
Availability
CyberArk Endpoint Privilege Manager, previously
CyberArk Viewfinity,
will be available in Q4 2016 via direct sale or through CyberArk’s
network of global channel partners. The product is available as a single
agent and part of the CyberArk Privileged Account Security Solution.
CyberArk Endpoint Privilege Manager is available as a SaaS or
on-premises solution. For more information visit: http://www.cyberark.com/endpoint-privilege-manager.
Additional Resources
1- CyberArk
Global Advanced Threat Landscape Survey 2016
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 45 percent of the Fortune 100 – 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 and Japan. 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.
Forward-Looking Statements
This release may contain
forward-looking statements, which express the current beliefs and
expectations of CyberArk’s (the “Company”) management. In some cases,
forward-looking statements may be identified by terminology such as
“believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,”
“should,” “plan,” “expect,” “predict,” “potential” or the negative of
these terms or other similar expressions. Such statements involve a
number of known and unknown risks and uncertainties that could cause the
Company’s future results, performance or achievements to differ
significantly from the results, performance or achievements expressed or
implied by such forward-looking statements. Important factors that could
cause or contribute to such differences include risks relating to:
changes in the rapidly evolving cyber threat landscape; failure to
effectively manage growth; near-term declines in the Company’s operating
and net profit margins and its revenue growth rate; real or perceived
shortcomings, defects or vulnerabilities in the Company’s solutions or
internal network system, or the failure of the Company’s customers or
channel partners to correctly implement the Company’s solutions;
fluctuations in quarterly results of operations; the inability to
acquire new customers or sell additional products and services to
existing customers; competition from IT security vendors; the Company’s
ability to successfully integrate recent and or future acquisitions; and
other factors discussed under the heading “Risk Factors” in the
Company’s most recent annual report on Form 20-F filed with the
Securities and Exchange Commission. Forward-looking statements in this
release are made pursuant to the safe harbor provisions contained in the
Private Securities Litigation Reform Act of 1995. These forward-looking
statements are made only as of the date hereof, and the Company
undertakes no obligation to update or revise the forward-looking
statements, whether as a result of new information, future events or
otherwise.
Copyright © 2016 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/20161116005310/en/
Source: CyberArk
Media Relations Contacts:
fama PR
Brian Merrill,
+1-617-986-5005
cyberark@famapr.com
or
Liz
Campbell, CyberArk, +1-617-558-2191
press@cyberark.com
Investor
Relations Contact:
CyberArk
Erica Smith, +1 617-630-6426
ir@cyberark.com