CyberArk Adds Credential Theft Blocking to Expand Privilege Protection at the Endpoint

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. and PETACH TIKVAH, Israel – November 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

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.

Future 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.

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