CyberArk Launches New Privileged Access Security as a Service Offering | Financial Buzz

CyberArk Launches New Privileged Access Security as a Service Offering

CyberArk
(NASDAQ: CYBR),
the global leader in privileged
access security, today announced the availability of CyberArk
Privilege Cloud, a new privileged access security as a service offering.

According to the Center for Internet Security, controlling use of
administrative privileges is one of the top five basic CIS
Controls™, supporting privileged access security as a priority for
protecting organizations and data from insider threats and external
attacks. For organizations that have not yet adopted a privileged access
security solution or those with more limited IT resources and security
budgets, an “as a service” offering is attractive since it enables these
organizations to get started quickly.

“Continuous innovation that provides rapid risk reduction for our
customers is a priority for CyberArk,” said Roy Adar, senior vice
president, product management, CyberArk. “CyberArk Privilege Cloud
reinforces this commitment by enabling organizations to focus dedicated
resources and attention on mitigating privileged access risks, while
reducing the need to operate and deploy the underlying technologies.”

With flexible subscription-based pricing, CyberArk Privilege Cloud
provides a simplified path to securely store, rotate and isolate
credentials, monitor sessions, and quickly deliver measurable risk
reduction to the business. While the market for privileged access
security solutions is today driven primarily by on- premises
deployments, CyberArk can now offer organizations a flexible alternative
to scale their privileged access security programs as their business
grows without having to manage underlying infrastructure.

With CyberArk Privilege Cloud and CyberArk
Endpoint Privilege Manager, CyberArk now offers customers a
comprehensive solution for reducing privileged credential-related risk
in an as a service model for resources on-premises and in the cloud.

About CyberArkCyberArk
(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.

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