NEW YORK and NEWTON, Mass., Oct. 4, 2016 /PRNewswire/
-- KPMG LLP and CyberArk (NASDAQ: CYBR) today announced an
alliance relationship to help clients reduce the risk of cyber
attacks by implementing a comprehensive privileged account security
solution and driving adoption of leading practices to better
protect against insider threats and external attackers.
The alliance combines the experience of KPMG Cyber Security
Services, a leading Information Security Consulting team, with
CyberArk's market-leading privileged account security technology
solutions.
Increasingly, CIOs are prioritizing privileged account security,
making it a central component of their risk management strategies.
The KPMG and CyberArk offering focuses on three phases: Strategic
planning to understand client needs and develop a comprehensive
approach; privileged account security technology implementation and
process development to configure the solution and develop
supporting policies and procedures; and ongoing operational support
involving end-user training and monitoring, altering and automating
capabilities that reduce manual processes.
"A common thread across breaches is the compromise of
administrative-level credentials, which hold the 'keys to the IT
kingdom' and are the preferred target of external attackers and
malicious insiders," says Kyle
Kappel, Advisory principal, KPMG Cyber Security
Services. "Based on client demand, we have formed this alliance
relationship with CyberArk to help our clients protect and monitor
access, as well as detect, alert, and respond to privileged account
threats ‒ before irreparable damage happens."
According to the CyberArk Global Advanced Threat Landscape
Survey, privileged account takeover is one of the most difficult
stages of a cyber attack to mitigate. Privileged accounts and
credentials provide a pathway to an organization's high-value
digital assets and are consistently exploited in nearly all
advanced cyber attacks. Privileged accounts are used by
powerful applications and users, like IT system administrators, and
can be compromised to modify system configurations, access
sensitive information and even cause disruptions that can shut down
a business.
"As cyber attacks become more aggressive and damaging,
organizations recognize the need to prioritize privileged account
security in order to instill trust and reliability in a network,"
says Scott Whitehouse, vice
president channels and alliances at CyberArk. "Together with KPMG,
we can help clients develop and implement proactive privileged
account security programs that prioritize threat reduction,
minimize enterprise risk and provide measurable results that
resonate with C-level stakeholders."
To learn more, visit kpmg.com/us/cyberark and
http://www.cyberark.com/kpmg-alliance.
About KPMG LLP
KPMG LLP, the audit, tax and advisory
firm (www.kpmg.com/us), is the U.S. member firm affiliated with
KPMG International Cooperative ("KPMG International"). KPMG member
firms have 174,000 professionals, including more than 9,000
partners, in 155 countries. Some or all of the services
described herein may not be permissible for KPMG audit clients and
their affiliates.
About CyberArk
CyberArk is the only security company focused on eliminating
the most advanced cyber threats; those that use insider privileges
to attack the heart of the enterprise. Dedicated to stopping
attacks before they stop business, CyberArk proactively secures
against cyber threats before attacks can escalate and do
irreparable damage. The company is trusted by the world's leading
companies – including 45 percent of the Fortune 100 – to protect
their highest value information assets, infrastructure and
applications. A global company, CyberArk is headquartered in Petach
Tikvah, Israel, with U.S.
headquarters located in Newton,
Mass. The company also has offices throughout EMEA and
Asia Pacific and Japan. To learn more about CyberArk, visit
cyberark.com, read the company blog, cyberark.com/blog/,
follow on Twitter @CyberArk or Facebook
at facebook.com/cyberark.
Contact:
Kristen Morgan
KPMG LLP
410-949-2668
kmorgan@kpmg.com
Liz Campbell
CyberArk
617-558-2191
Liz.Campbell@CyberArk.com
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SOURCE KPMG LLP