CyberArk Achieves FedRAMP® High Authorization

CyberArk FedRAMP® Status Powers Public Sector Customers with Solutions to Meet Mandated Zero Trust Deadline

CyberArk (NASDAQ: CYBR), the identity security company, today announced that two of its leading software-as-a-service (SaaS) offerings, CyberArk Endpoint Privilege Manager and CyberArk Workforce Identity, have achieved Federal Risk and Authorization Management Program (FedRAMP) High authorization to operate (ATO) status. This authorization reinforces CyberArk’s ability to help federal agencies and other public sector organizations efficiently and effectively secure access to all corporate applications, protect distributed workforces and accelerate cloud innovation in alignment with Zero Trust principles outlined in EO 14028.

“Agencies must now come to terms with several cloud-based risks that lurk beneath the surface in this new technology landscape. Beyond the schemes of cybercriminals, non-malicious human error on its own has the potential to hinder mission-critical functions in the form of misconfigured networks and mismanaged controls. It’s now more important than ever to adopt the Zero Trust ‘never trust, always verify’ mentality,” said Theresa Payton, former White House CIO and member of the Cyber Defenders Council. “As new tools, technologies and threats arise, continued attention will need to be paid by government and government-adjacent regulatory programs. By adopting Zero Trust-focused compliance requirements, FedRAMP can place a greater onus on private sector organizations to launch the Federal Government efficiently and expediently into a more secure and more efficient future.”

“The market and the White House agree: Human and machine identities of are proliferating, and meaningful cybersecurity challenges result when these identities are not properly secured. Our investment in FedRAMP emphasizes our commitment to partnering with public sector organizations and agencies as they roll out Cloud Smart strategies based on Zero Trust principles,” said Matt Cohen, CEO, CyberArk. “Now, the Federal Government can access and implement CyberArk's leading SaaS-based identity security tools that safeguard workforce access and endpoints, helping to ensure that sensitive data is only being accessed by the right accounts, at the right time and from the right place.”

FedRAMP® is a government-wide program that promotes the adoption of secure SaaS solutions across the U.S. Federal Government by providing a standardized approach to security assessment, authorization and continuous monitoring for cloud products and services. It ensures agency adoption of cloud-based, Cloud Smart solutions. FedRAMP High was introduced to account for some of the government’s most sensitive, unclassified data in cloud computing environments—and is the highest level of authorization. You can find CyberArk on the FedRAMP marketplace.

The CyberArk Identity Security Platform, which includes Endpoint Privilege Manager and Workforce Identity, applies intelligent privilege controls to all identities – human and machine – with continuous threat detection and prevention across the entire identity lifecycle. To learn more about how CyberArk successfully serves customers in this sector, visit the Federal Solutions page.

About CyberArk

CyberArk (NASDAQ: CYBR) is the global leader in identity security. Centered on intelligent privilege controls, CyberArk provides the most comprehensive security offering for any identity – human or machine – across business applications, distributed workforces, hybrid cloud environments 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 LinkedIn, Twitter, Facebook or YouTube.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240319067744/en/

Media Contacts: Carissa Ryan, CyberArk Email: press@cyberark.com

Investor Relations: Erica Smith, CyberArk Email: ir@cyberark.com

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