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CyberArk expands managed security service provider offering

Multi-tenant, pay-as-you-go offering delivers unprecedented simplicity and flexibility for CyberArk partners.


Newton, Mass, Petach Tikva, Israel, 18 May 2018

CyberArk (NASDAQ: CYBR), the global leader in privileged access security, has unveiled an expanded offering for managed security service providers (MSSPs) that enables greater flexibility and the ability to easily add privileged access security capabilities to their portfolios.

The market-leading CyberArk Privileged Account Security Solution, which is also available as a multi-tenant offering, can expand market opportunities and create new revenue streams for global MSSPs.

"Nearly all advanced attacks involve the exploitation of privileged accounts; our partners are crucial in CyberArk's mission to help protect customers' data, infrastructure and assets," said Scott Whitehouse, vice-president of channels and alliances, CyberArk.

"CyberArk's multi-tenant offering makes privileged access security further accessible to organisations of all sizes, and creates new opportunities for MSSPs to grow their businesses. MSSPs can now easily offer privileged access security from the industry's undisputed leader as a single or multi-tenant solution to address various business requirements."

CyberArk service provider offering

Only CyberArk secures privileged accounts, credentials and secrets across cloud and DevOps environments and on the endpoint, enabling MSSPs to help their customers reduce the attack surface associated with digital transformation technologies.

The CyberArk Service Provider Offering also gives MSSPs the ability to:

* Extend reach and reduce privilege-related risk: CyberArk's multi-tenant offering enables service providers to extend the reach of the CyberArk Privileged Account Security Solution to organisations of all sizes that prefer a managed service offering. Service providers can better help customers reduce their privileged-related security risk from external attackers and malicious insiders, and limit damage as quickly as possible.

* Capitalise on consumption-based pricing: CyberArk's flexible pay-as-you-go model allows service providers of all sizes to offer CyberArk solutions without significant upfront costs. Service providers will only pay for what their customers deploy, while having the ability to offer attractive end-user pricing.

* Scale to meet changing customer needs: Service providers can easily add privileged access solutions to their portfolio, bring on new customers and scale their business while keeping their operating costs low. Through CyberArk's management console, service providers have the ability to accelerate on-boarding, and monitor and control multiple tenants from an easy-to-use dashboard.

Supporting quotes

"Keeping privileged accounts secure across an organisation is challenging in today's complex IT environments. Staying ahead of internal and external cyber threats requires a deep understanding of how to manage and monitor access to these sensitive accounts," said Rex Thexton, managing director, Digital Identity, Accenture Security. "By working together, we are offering our clients an innovative solution that easily scales as the security threat landscape evolves."

"Fujitsu is excited to see this initiative from CyberArk to help provide world-class, market-leading services to our customers to help protect their businesses and important assets against external and internal threats," said Petri Hein"al"a, security offerings architect, Identity & Access Management, Enterprise & Cyber Security, EMEIA at Fujitsu. "This forward-looking approach, providing advanced technology solutions and skills, allows leading service provider organisations like Fujitsu to open up new opportunities and grow our business."

CyberArk will be showcasing its latest products, technologies and services at the ITWeb Security Summit, southern Africa's definitive conference and expo for information security, IT and business professionals. This year, over 70 expert speakers will deliver key insights across seven tracks, including workshops and training courses during the expanded five-day event. The ITWeb Security Summit will be staged at Vodacom World, Midrand, from 22-23 May 2018; and CTICC Cape Town on 29 May 2018. Focused and interactive workshops as well as in-depth training courses will be run in the days around the main conference and exhibition.

For more information, go to www.securitysummit.co.za.

For information on Security Summit Cape Town, go to http://v2.itweb.co.za/event/itweb/security-summit-ct-2018/.

Additional resources
* Solution Brief: CyberArk Service Provider Offering
* CyberArk Training and Professional Certification

Pricing and availability

The multi-tenant version of the CyberArk Privileged Account Security Solution is available now in a flexible pay-as-you-go model. For more information, visit https://www.cyberark.com/partners/.

ITWeb Security Summit 2018

Registration is open for the ITWeb Security Summit 2018, being held in Johannesburg on 22 and 23 May and in Cape Town on 28 and 29 May. This is the must-attend annual event for information security professionals, featuring international speakers, workshops, as well as a beginners' guide to cyber security. Click here.

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CyberArk

CyberArk (NASDAQ: CYBR) is the global leader in privileged access security, a critical layer of IT security to protect data, infrastructure and assets across the enterprise, in the cloud and throughout the DevOps pipeline. CyberArk delivers the industry's most complete solution to reduce risk created by privileged credentials and secrets. The company is trusted by the world's leading organisations, including more than 50% of the Fortune 100, to protect against external attackers and malicious insiders. A global company, CyberArk is headquartered in Petach Tikva, Israel, with US headquarters located in Newton, Massachusetts. The company also has offices throughout the Americas, EMEA, Asia Pacific and Japan. To learn more about CyberArk, visit www.cyberark.com, read the CyberArk blogs or follow on Twitter via @CyberArk, LinkedIn or Facebook.

Editorial contacts

Leigh Angelo
ITP Communications
roanne@itweb.co.za