Multi-Tenant, Pay-as-You-Go Offering Delivers Unprecedented
Simplicity and Flexibility for CyberArk Partners
NEWTON, Mass. & PETACH TIKVA, Israel--(BUSINESS WIRE)--Apr. 12, 2018--
CyberArk
(NASDAQ: CYBR),
the global leader in privileged
access security, today unveiled an expanded offering for managed
security service providers (MSSPs) that enables greater flexibility and
the ability to easily add privileged access security capabilities to
their portfolios. The market-leading CyberArk Privileged Account
Security Solution, which is also available as a multi-tenant offering,
can expand market opportunities and create new revenue streams for
global MSSPs.
“Nearly all advanced attacks involve the exploitation of privileged
accounts, our partners are crucial in CyberArk’s mission to help protect
customers’ data, infrastructure and assets,” said Scott Whitehouse, vice
president of channels and alliances, CyberArk. “CyberArk’s multi-tenant
offering makes privileged access security further accessible to
organizations of all sizes, and creates new opportunities for MSSPs to
grow their businesses. MSSPs can now easily offer privileged access
security from the industry’s undisputed leader as a single or
multi-tenant solution to address various business requirements.”
CyberArk Service Provider Offering
Only CyberArk secures
privileged accounts, credentials and secrets across cloud
and DevOps
environments and on the endpoint, enabling MSSPs to help their customers
reduce the attack surface associated with digital transformation
technologies. The CyberArk
Service Provider Offering also gives MSSPs the ability to:
-
Extend reach and reduce privilege-related risk: CyberArk’s
multi-tenant offering enables service providers to extend the reach of
the CyberArk
Privileged Account Security Solution to organizations of all sizes
that prefer a managed service offering. Service providers can better
help customers reduce their privileged-related security risk from
external attackers and malicious insiders, and limit damage as quickly
as possible.
-
Capitalize on consumption-based pricing: CyberArk’s flexible
pay-as-you-go model allows service providers of all sizes to offer
CyberArk solutions without significant up-front costs. Service
providers will only pay for what their customers deploy while having
the ability to offer attractive end-user pricing.
-
Scale to meet changing customer needs: Service providers can
easily add privileged
access solutions to their portfolio, bring on new customers and
scale their business while keeping their operating costs low. Through
CyberArk’s management console, service providers have the ability to
accelerate onboarding, and monitor and control multiple tenants from
an easy-to-use dashboard.
Supporting Quotes
“Keeping privileged accounts secure across
an organization is challenging in today’s complex IT environments.
Staying ahead of internal and external cyber threats requires a deep
understanding of how to manage and monitor access to these sensitive
accounts,” said Rex Thexton, managing director, Digital Identity,
Accenture Security. “By working together, we are offering our clients an
innovative solution that easily scales as the security threat landscape
evolves.”
“Fujitsu is excited to see this initiative from CyberArk to help provide
world class, market-leading services to our customers to help protect
their businesses and important assets against external and internal
threats,” said Petri Heinälä, security offerings architect, Identity &
Access Management, Enterprise & Cyber Security, EMEIA at Fujitsu. “This
forward-looking approach, providing advanced technology solutions and
skills, allows leading service provider organizations like Fujitsu to
open up new opportunities and grow our business.”
Additional Resources
Pricing and Availability
The multi-tenant version of the
CyberArk Privileged Account Security Solution is available now in a
flexible pay-as-you-go model. For more information, visit https://www.cyberark.com/partners/.
About CyberArk
CyberArk
(NASDAQ: CYBR)
is the global leader in privileged access security, a critical layer of
IT security to protect data, infrastructure and assets across the
enterprise, in the cloud and throughout the DevOps pipeline. CyberArk
delivers the industry’s most complete solution to reduce risk created by
privileged credentials and secrets. The company is trusted by the
world’s leading organizations, including more than 50 percent of the
Fortune 100, to protect against external attackers and malicious
insiders. 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
blogs or follow on Twitter via @CyberArk,
LinkedIn
or Facebook.
Copyright © 2018 CyberArk Software. All Rights Reserved. All
other brand names, product names, or trademarks belong to their
respective holders.

View source version on businesswire.com: https://www.businesswire.com/news/home/20180412005327/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