Despite 95 percent of CIOs expecting cyberthreats to increase over the next three years, only 65 percent of their organizations currently have a cybersecurity expert, according to a survey from Gartner. The survey also reveals that skills challenges continue to plague organizations that undergo digitalization, with digital security staffing shortages considered a top inhibitor to innovation ...
CyberArk announced the availability of CyberArk Privilege Cloud, a new privileged access security as a service offering.
According to the Center for Internet Security, controlling use of administrative privileges is one of the top five basic CIS Controls, supporting privileged access security as a priority for protecting organizations and data from insider threats and external attacks. For organizations that have not yet adopted a privileged access security solution or those with more limited IT resources and security budgets, an “as a service” offering is attractive since it enables these organizations to get started quickly.
“Continuous innovation that provides rapid risk reduction for our customers is a priority for CyberArk,” said Roy Adar, SVP, Product Management, CyberArk. “CyberArk Privilege Cloud reinforces this commitment by enabling organizations to focus dedicated resources and attention on mitigating privileged access risks, while reducing the need to operate and deploy the underlying technologies.”
With flexible subscription-based pricing, CyberArk Privilege Cloud provides a simplified path to securely store, rotate and isolate credentials, monitor sessions, and quickly deliver measurable risk reduction to the business. While the market for privileged access security solutions is today driven primarily by on- premises deployments, CyberArk can now offer organizations a flexible alternative to scale their privileged access security programs as their business grows without having to manage underlying infrastructure.
With CyberArk Privilege Cloud and CyberArk Endpoint Privilege Manager, CyberArk now offers customers a comprehensive solution for reducing privileged credential-related risk in an as a service model for resources on-premises and in the cloud.