CYBERARK SOFTWARE LTD.

(CYBR)
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Delayed Nasdaq  -  04:00 2022-06-24 pm EDT
142.80 USD   +4.08%
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CyberArk : Delivers New Identity Security Offerings to Drive Customer Success

03/02/2021 | 08:33am EDT

Company Introduces New Subscriptions, Programs and Tools to Complement the Industry’s Most Comprehensive Identity Security Capabilities

CyberArk (NASDAQ: CYBR), the global leader in Identity Security, today announced availability of new subscriptions, programs and tools designed to accelerate organizations’ Identity Security initiatives and time to business impact. These new offerings complement CyberArk’s Identity Security portfolio, which is centered on Privileged Access Management and focuses on securing individual identities – human or machine – throughout the cycle of accessing critical assets.

Included in today’s announcement are:

  • Identity Security Subscription Offerings – Available in three new subscription offerings, customers can benefit from the combined power of Identity as a Service (IDaaS) and the industry’s leading Privileged Access Management solution in offerings that make the most sense for their specific users: Workforce User, External Vendor or Privileged User.
  • CyberArk Blueprint for Identity Security Success The CyberArk Blueprint has evolved to expand prescriptive guidance across all identities and is centered on core Identity Security best practices gained through years of hands-on customer engagements.
  • CyberArk Identity Security Assessment Tool – The Assessment Tool is fully aligned to the CyberArk Blueprint so organizations can assess and track their level of alignment with Identity Security best practices and compare their program maturity with peers across multiple parameters such as industry, region and organization size.
  • Identity Security Customer Success PlansSuccess Plans are strategically packaged resources, guidance and expertise to help customers successfully execute an Identity Security program while getting the most value from their solutions as quickly as possible.

“CyberArk continues to invest and execute on our vision for Identity Security, putting it at the center of major industry forces like digital transformation, cloud migration, attacker innovation and compliance,” said Udi Mokady, chairman and CEO, CyberArk. “CyberArk’s privilege-led approach to Identity Security is designed to help enterprises adapt and embrace a risk-based strategy for defending against identity-based attacks as they support a distributed workforce, embrace the cloud and new cloud technologies, and deliver positive customer experiences.”

CyberArk’s Approach to Identity Security

Organizations across the globe are facing the challenge of an ever-expanding attack surface, as the number, types and interconnectedness of identities multiply across business applications and cloud workloads. Because these human and non-human identities can all become privileged under certain conditions, a new approach to Identity Security is required, one with Privileged Access Management at its core.

Using a Zero Trust model, every identity is authenticated and authorized before granting access. With CyberArk Identity Security, organizations can secure access across any device, anywhere, at just the right time through:

  • CyberArk Privileged Access solutions secure privileged credentials wherever they exist – defending against advanced attacks, speeding digital transformation and helping achieve compliance.
  • CyberArk Workforce Identity and Customer Identity solutions continuously monitor behavioral signals to make sure users are who they say they are.
  • CyberArk Secrets Management solutions enable applications and automation tools to securely access sensitive resources at scale – without burdening developers.

Additional CyberArk Identity Security Resources

About CyberArk
CyberArk (NASDAQ: CYBR) is the global leader in Identity Security. Centered on privileged access management, CyberArk provides the most comprehensive security offering for any identity – human or machine – across business applications, distributed workforces, hybrid cloud workloads and throughout the DevOps lifecycle. The world’s leading organizations trust CyberArk to help secure their most critical assets. To learn more about CyberArk, visit https://www.cyberark.com, read the CyberArk blogs or follow on Twitter via @CyberArk, LinkedIn or Facebook.

Copyright © 2021 CyberArk Software. All Rights Reserved. All other brand names, product names, or trademarks belong to their respective holders.


© Business Wire 2021
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Financials (USD)
Sales 2022 591 M - -
Net income 2022 -135 M - -
Net cash 2022 757 M - -
P/E ratio 2022 -42,3x
Yield 2022 -
Capitalization 5 724 M 5 724 M -
EV / Sales 2022 8,40x
EV / Sales 2023 6,80x
Nbr of Employees 2 140
Free-Float 98,7%
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Managers and Directors
Ehud Mokady Chairman & Chief Executive Officer
Joshua Siegel Chief Financial Officer
Sigalit Shavit Chief Information Technology Officer
Matthew Lessner Cohen Chief Operating Officer
Donna Rahav General Counsel & Compliance Officer
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