- CyberArk Software Ltd. (NASDAQ:CYBR) launched new products and features across its identity security platform
- The CyberArk Identity Security Platform allows organizations to achieve zero trust and least privilege with complete visibility and enable secure access for any identity
- It can help customers apply intelligent privilege controls to reduce risk for all identities and consolidate vendors while delivering operational efficiencies and achieving a faster return on investment
- CyberArk Software Ltd. (NASDAQ:CYBR) opened trading at US$151.84 per share
CyberArk Software Ltd. (NASDAQ:CYBR) launched new products and features across its identity security platform.
The CyberArk Identity Security Platform allows organizations to achieve zero trust and least privilege with complete visibility and enable secure access for any identity. It can help customers apply intelligent privilege controls to reduce risk for all identities and consolidate vendors while delivering operational efficiencies and achieving a faster return on investment.
CyberArk is combining its privileged access management expertise and comprehensive least privilege toolsets to automatically process the data collected by CyberArk Endpoint Privilege Manager for immediate risk reduction.
The team is also expanding the use cases and supporting capabilities for securely automating privileged access management. CyberArk Identity Flows can automate tasks like the creation of service accounts, creating safes, adding and removing users and other routine tasks. Conjur Cloud can now also be used to secure admin credentials used in automation scripts, reducing the use of hardcoded privileged access management credentials in scripts.
“The rapid acceleration of identities is part of what makes a unified approach to advancing Identity Security so important. Treating identities differently with stand-alone technologies misses the mark and exposes risk,” said Peretz Regev, chief product officer, CyberArk. “Our unified Identity Security platform breaks down those silos by contextually authenticating identities, then dynamically authorizing the least amount of privilege required. Additionally, we continue to strategically expand our use of machine learning and artificial intelligence to improve customers’ defensive capabilities to counter attacker innovation.”
New features:
- CyberArk Privilege Cloud customers that use Endpoint Privilege Manager will automatically discover and onboard local admin accounts, which can help reduce the risk of credential theft and privilege escalation on endpoints
- Customers can now use AI and machine learning for threat detection and response to deliver measurable cyber risk reduction and detect and remediate usage of unmanaged privileged accounts
- CyberArk Secrets Hub will secure secrets in Azure Key Vault, Azure’s native secrets store as well as for AWS Secrets Manager
- Conjur Cloud is adding a new feature, Conjur Cloud Edge, which improves offline availability of secrets, reduces latency and offers customers additional options for scaling across cloud regions
- Privilege Cloud customers will be able to host, manage and revoke the encryption keys for their secrets and recordings with full control of access to that data
CyberArk Software provides Information technology security solutions to protect data, infrastructure, and assets across the enterprise. The company’s software solutions focused on protecting privileged accounts, credentials, and secrets. Its products and services include Enterprise Password Vault, Privileged Session Manager, Privileged Threat Analytics, CyberArk Privilege Cloud. The company provides a solution on audit and compliance, security and risk management, industry solutions.
CyberArk Software Ltd. (NASDAQ:CYBR) opened trading at US$151.84 per share. Over the last month, CYBR stock has risen 23.2 per cent and is up 13.2 per cent since this time, last year.
The tech firm also just launched the first identity security-based enterprise browser. Click here to learn more.
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