CyberArk Enables Organizations to Secure Their Privileged Accounts
Across the Enterprise, in the Cloud and Across the DevOps Pipeline
NEWTON, Mass. & PETACH TIKVA, Israel--(BUSINESS WIRE)--Aug. 24, 2017--
CyberArk
(NASDAQ: CYBR),
the company that protects organizations from cyber
attacks that have made their way inside the network perimeter, today
announced it has been named a representative vendor in Gartner’s 2017
Market Guide for Privileged Access Management for the fourth consecutive
year.1
According to Gartner, interest in PAM tools is driven by several factors:
-
“The risk of breaches and insider threats
-
The need to prevent, isolate and limit malware attacks that leverage
privileged accounts
-
An increase of operational efficiency for administrator and operator
access
-
Regulation and failed audits, because auditors are paying closer
attention to privileged accounts, and regulations are forcing
organizations to record a trail of evidence for privileged access
-
The need to grant privileged access to third parties: contractors,
vendors and service provider technicians
-
The need to address requirements for a comprehensive cybersecurity
defense strategy, specifically for critical infrastructure.”
Other factors driving market adoption include cloud and DevOps and
Gartner recommends security and risk management leaders “evaluate
vendors on how they can help secure nonhuman service and application
accounts – these accounts are major sources of operational security and
risk, and most organizations have a significant number of them.”
“It’s an honor to be acknowledged as a representative vendor by Gartner
for the fourth year in a row, a distinction that we believe is validated
by the trust placed in CyberArk by many of the world’s leading companies
– including more than half of the Fortune 100,” said Udi Mokady,
chairman and CEO, CyberArk. “We’re committed to providing our customers
with the industry’s leading platform for protecting all privileged
accounts across enterprise infrastructure. Our continued research and
development ensures that our customer’s critical assets are protected
and supports their future operational needs, including migration to the
cloud and securing DevOps initiatives.”
As organizations continue to adopt virtualization and cloud
infrastructure, CyberArk’s commitment
to supporting customers through each stage of migration to the cloud
is supported by the recent announcement of cloud
automation capabilities incorporating CyberArk AMIs (Amazon Machine
Images) and AWS Cloud Formation templates and an integration with Amazon
Inspector to simplify the discovery and prioritization of privileged
account risk.
Due to the dynamic nature of DevOps, “secrets” – which are privileged
account credentials, SSH Keys, API keys and more – are proliferating
throughout the IT infrastructure at a rapid-fire pace, creating massive
security risks for organizations. With the recent acquisition of Conjur,
CyberArk offers customers the industry’s only enterprise-class security
solution that delivers comprehensive privileged account management and secrets
protection.
Download a complimentary copy of the Gartner
Market Guide report.
Gartner Disclaimer
Gartner does not endorse any vendor,
product or service depicted in its research publications, and does not
advise technology users to select only those vendors with the highest
ratings or other designation. Gartner research publications consist of
the opinions of Gartner's research organization and should not be
construed as statements of fact. Gartner disclaims all warranties,
expressed or implied, with respect to this research, including any
warranties of merchantability or fitness for a particular purpose.
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 more than 50 percent of the
Fortune 100 – to protect their highest value information assets,
infrastructure and applications. A global company, CyberArk is
headquartered in Petach Tikva, Israel, with U.S. headquarters located in
Newton, Mass. The company also has offices throughout the Americas,
EMEA, Asia Pacific and Japan. To learn more about CyberArk, visit www.cyberark.com,
read the CyberArk
blog, or follow on Twitter via @CyberArk,
LinkedIn or
Facebook.
Copyright © 2017 CyberArk Software. All Rights Reserved. All
other brand names, product names, or trademarks belong to their
respective holders.
1 Gartner “Market Guide for Privileged Access Management” by
Felix Gaehtgens, Amnol Singh, Dale Gardner, August 22, 2017
View source version on businesswire.com: http://www.businesswire.com/news/home/20170824005893/en/
Source: CyberArk
Media Relations Contacts:
fama PR
Brian Merrill,
+1-617-986-5005
cyberark@famapr.com
or
CyberArk
Christy
Lynch, +1-617-796-3210
press@cyberark.com
or
Investor
Relations Contact:
CyberArk
Erica Smith, +1-617-630-6426
ir@cyberark.com