SecurIT and Cyber-Ark Partner to Prevent Insider Threats and Protect Privileged Identities

NEWTON, Mass – September 10, 2009 – Cyber-Ark, the leader in securing and managing privileged identities and highly sensitive information and SecurIT, the Benelux based market leading systems integrator in the Identity & Access Management space, have announced a new partnership in the Netherlands, which will provide companies with the tools to safeguard their sensitive information, prevent data leakage and protect themselves from the insider threat.

Cyber-Ark has seen a spike for their products over the course of the past year as the majority of enterprises are now in some stage of IAM (Identity and Access Management) implementation, as they begin to role out a comprehensive set of solutions used to identify users such as employees and customers etc.

Gil Fromovitch – Channel Director Western Europe & Africa at Cyber-Ark Software said “Addressing the risks associated with the sheer power of shared, privileged accounts and keeping data safe at all times is a challenging issue for organizations across the globe. Cyber-Ark are very excited about partnering with a company such as SecurIT who have an indepth understanding and insight into the problems associated with privileged identities, shared password management and keeping sensitive data secure at all times! SecurIT’s network of partners not only in Holland but across EMEA will help us keep up with the market that is rapidly expanding even in these difficult times.”

Rob Bus, Chief Operating Officer of SecurIT said “. The Cyber-Ark solutions will aid our clients in meeting their compliancy issues by making their most highly sensitive information more accessible to those authorised to access it thereby eliminating negative conceptions associated with security linked with accessibility – providing the perfect solution to what is currently quite a thorny difficult problem to manage. Cyber-Ark’s suite of products is exactly what many of our clients have been looking for – a privileged identity management solution and safe repository system that protects and stores a companies’ most sensitive data.”

Cyber-Ark has seen a huge demand for their solutions, especially the Privileged Identity Management and Password solutions, with a 100% increase in their customer base and revenues increasing three fold. Cyber-Ark’s technology is already used to secure the most valuable assets of some of the largest military, banking, manufacturing, airline and governmental enterprises in the world. Companies such as Voca, BT, AstraZeneca, Roche, Motorola, Orange, Mizuho Bank, Rabobank, Belgacom and, Standard Bank have long been “digital vaulting” advocates using the “Vaulting Solution” as a “safe haven” within their enterprises for all critical information assets to be archived, transferred and shared.

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.

###