CyberArk Expands Managed Security Service Provider Offering
April 12 2018 - 8:30AM
Business Wire
Multi-Tenant, Pay-as-You-Go Offering Delivers
Unprecedented Simplicity and Flexibility for CyberArk Partners
CyberArk (NASDAQ: CYBR), the global leader in privileged
access security, today 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 organizations 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 OfferingOnly 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 organizations 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.
- Capitalize on consumption-based
pricing: CyberArk’s flexible pay-as-you-go model allows service
providers of all sizes to offer CyberArk solutions without
significant up-front 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 onboarding, and monitor and control multiple tenants
from an easy-to-use dashboard.
Supporting Quotes“Keeping privileged accounts secure
across an organization 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 Heinälä, 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 organizations like Fujitsu to open up new
opportunities and grow our business.”
Additional Resources
- Solution Brief: CyberArk Service
Provider Offering
- CyberArk Training and Professional
Certification
Pricing and AvailabilityThe 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/.
About CyberArkCyberArk (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 organizations, including
more than 50 percent of the Fortune 100, to protect against
external attackers and malicious insiders. A global company,
CyberArk is headquartered in Petach Tikva, Israel, with U.S.
headquarters located in Newton, Mass. 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.
Copyright © 2018 CyberArk Software. All Rights Reserved. All
other brand names, product names, or trademarks belong to their
respective holders.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20180412005327/en/
Media Relations Contacts:fama PRBrian Merrill,
+1-617-986-5005cyberark@famapr.comorCyberArkLiz Campbell,
+1-617-558-2191press@cyberark.comorInvestor Relations
Contact:CyberArkErica Smith, +1-617-630-6426ir@cyberark.com
CyberArk Software (NASDAQ:CYBR)
Historical Stock Chart
From Aug 2024 to Sep 2024
CyberArk Software (NASDAQ:CYBR)
Historical Stock Chart
From Sep 2023 to Sep 2024