CyberArk’s North American Customer Event Puts Privileged Account Management Center Stage for Protecting Against Cyber Security Threats

December 13, 2011

NEWTON, Mass. – December 13, 2011 – Cyber-Ark® Software, the leading global information security provider for protecting and managing critical applications, identities and sensitive information, today shared highlights from its Fifth Annual North American Customer Event, which took place in Las Vegas. The event’s keynote presenter was Joji Montelibano, leader of the Insider Threat Technical Solutions and Standards team at CERT, who provided advice on how organizations can better protect intellectual property and other sensitive assets from malicious insiders. Attendees, including those from top U.S. and Canadian corporations including many Fortune 500 companies, benefitted from gaining peer advice and best practices for developing more comprehensive, proactive IT risk management strategies.

Through customer case studies and break-out sessions featuring technical demonstrations and discussions focused on risk and security management topics, Cyber-Ark raised awareness about trends customers should consider as they put in place IT security strategies for the coming year. The event’s featured customer panel included leaders from across the consumer goods, financial services and defense industries who provided insight into topics such as the changing relationship with auditors, business drivers impacting security strategies, and what privileged account management challenges are on the horizon. Additional session topics included:

  • Preparing for Ongoing Targeted Attacks
  • The Privileged Identity Management Ecosystem: The Power of Integration
  • Granular Access for Unix/Linux and Windows
  • Getting Started with Eliminating Application Hard-Coded Passwords
  • Managing and Measuring – KPIs and Best Practices for Enterprise Deployments

“With our customers’ adoption of virtualization technologies becoming more common and cyber security challenges increasingly complex, our vision for enabling organizations to proactively protect sensitive assets has taken on a greater sense of urgency and is gaining importance not only from a security and compliance perspective, but also from a business continuity stand point,” said Udi Mokady, CEO, Cyber-Ark Software. “We have received tremendous feedback on this year’s event, with many attendees citing the unparalleled benefits of networking with peers and sharing practical advice for maximizing results and expanding their use of Cyber-Ark solutions to meet evolving security and audit priorities.”

Cyber-Ark took advantage of the event to highlight continued growth across all aspects of the company’s business over the past year with consistent quarter-over-quarter revenue growth, a global management team with expanded depth and experience, and the addition of more than 200 new global enterprise customers. Cyber-Ark chose this event to unveil the latest version of its Privileged Identity Management Suite, with version 7 featuring first-of-its-kind auto-discovery capabilities for proactively detecting privileged accounts within virtualized environments to support security and compliance priorities across the data center. The company also highlighted solutions announced since the last event such as its Inter-Business Vault® as a Service, an innovative cloud-based solution for rapidly exchanging sensitive files with external third parties, and the enhanced Governed File Transfer Suite that significantly improves data security for file transfers conducted via mobile devices.