CyberArk Continues to Expand Investments in the Region to Accelerate
Business Growth and Adoption of Privileged Account Security Solutions
for Protection Against Cyber Attacks
NEWTON, Mass.& PETACH-TIKVA, Israel--(BUSINESS WIRE)--Jan. 20, 2016--
CyberArk
(NASDAQ: CYBR),
the company that protects organizations from cyber
attacks that have made their way inside the network perimeter, today
announced that Vincent Goh has been named vice president of sales for
Asia Pacific and Japan.
With more than 20 years of technology industry experience, Goh was most
recently vice president, Asia Pacific and Japan for RSA, The Security
Division of EMC. In this senior management role at CyberArk, Goh leads
sales and channel teams, and is responsible for growing the company’s
customer base and channel relationships across Asia Pacific and Japan.
CyberArk continues to invest in expanding its business in Asia Pacific,
with third quarter 2015 revenues in the region more than doubling
year-over-year.
“The addition of Vincent to our executive team is another step forward
in our strategy to build a large, global cyber security company and
continue to grow our customer base in Asia Pacific and Japan,” said Udi
Mokady, CEO, CyberArk. “Vincent has tremendous experience in the
security industry, and is a respected leader whose passion and
commitment will promote accelerated business growth in this region. As
privileged account security is recognized as a strategic business
imperative around the world, Vincent is entrusted with expanding access
to our solutions that help protect organizations’ most valuable data and
information, and avoid business disruption caused by a cyber attack.”
In addition to driving growth for various business portfolios within
RSA, Goh chartered the transformation of RSA from an
authentication-focused business to an intelligence-driven security
provider in Asia Pacific and Japan. He consistently increased revenue
for RSA in Asia Pacific during his tenure.
“I was drawn to CyberArk’s culture, technology innovation and relentless
focus on customer success,” said Goh. “I have a strong and growing team
that is committed to expanding CyberArk’s footprint and working with new
partners to extend our reach. As the market for privileged account
security grows in Asia Pacific and Japan, there is a significant
opportunity to work with customers who are increasingly interested in
areas such as proactive controls, threat detection and analytics as part
of a holistic cyber security program. ”
Goh brings deep IT industry and sales experience with companies such as
EMC, AST, Dell and Iomega to this role. Goh was also a member of the
Republic of Singapore Airforce. He earned a Bachelor of Science degree
in Information Technology from the National University of Ireland,
Dublin, and an Executive Certificate in Management and Leadership from
the M.I.T. Sloan School of Management in Boston.
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.
Forward-Looking Statements
This release may contain
forward-looking statements, which express the current beliefs and
expectations of CyberArk’s management. 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 new and rapidly evolving cyber threat landscape; failure
to effectively manage growth; fluctuations in quarterly results of
operations; real or perceived shortcomings, defects or vulnerabilities
in the Company’s solution or the failure of the solution to meet
customers’ needs; the inability to acquire new customers or sell
additional products and services to existing customers; competition from
IT security vendors 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/20160120006475/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