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RSA SECURITY AND CYBER-ARK TO LEAD TECHNET'S SECURITY ARCHITECTURE & DESIGN COMMITTEE
Committee to Design Guidelines and Tools for Corporate Executives to Assess Their Information Security Capabilities and Readiness
DEDHAM, Mass. & BEDFORD, Mass. - July 14, 2003 - Cyber-Ark® Software Inc., the information security software company that invented and markets Vaulting Technology, and RSA Security Inc. (NASDAQ: RSAS), the most trusted name in e-security®, announced that they have been appointed to co-chair TechNet's Security Architecture and Design Committee. This committee is tasked with creating a self-evaluation tool that will assist U.S. companies in strengthening the overall effectiveness of their enterprises' information security capabilities. The establishment of these guidelines is an important element of the overall charter of the TechNet CEO Cyber Security Task Force.
TechNet is a national, bipartisan network of CEOs and senior executives that promotes the growth of technology industries and the economy by building long-term relationships between technology leaders and policymakers and by advocating a targeted policy agenda. The executive network includes more than 200 chief executive officers, senior executives, presidents and senior partners in the fields of information technology, biotechnology, venture capital, investment banking and law.
The Task Force includes executives from Courion, Cranite, Cyber-Ark Software, Guardent, HP, Nominum, Netegrity, Palm, PGP, Qualys, RSA Security, Symantec, Verisign, TippingPoint, Tumbleweed, and Wind River Systems, among others.
"Cyber-Ark is honored to help lead the critical work being done by TechNet's Security Architecture and Design Committee," said Udi Mokady, COO of Cyber-Ark. "This initiative complements our overall strategy of helping enterprise customers securely share and store sensitive information, both internally and across the Internet with their customers, partners and remote offices. One of the most important by-products of this effort will be to provide a clear, measurable barometer to corporations to aid them in identifying security risk areas and gaps in their own enterprise networks."
"The technology currently exists to secure these systems properly, and businesses must take the initiative and devote adequate time and resources to survivability planning and cyber security," said Art Coviello, President and CEO of RSA Security and Co-Chairman of TechNet New England. "I applaud TechNet's establishment of the Security Architecture and Design Committee to draw attention to this critical need. As a leader in information security, RSA Security is prepared to contribute to TechNet's effort to assist companies in protecting their sensitive data."
About RSA Security Inc.
With more than 11,000 customers around the globe, RSA Security provides interoperable solutions for establishing online identities, access rights and privileges for people, applications and devices. Built to work seamlessly and transparently in complex environments, the Company's comprehensive portfolio of identity and access management solutions - including authentication, Web access management and developer solutions - is designed to allow customers to confidently exploit new technologies for competitive advantage. RSA Security's strong reputation is built on its history of ingenuity and leadership, proven technologies and long-standing relationships with more than 1,000 technology partners. For more information, please visit www.rsasecurity.com.
Cyber-Ark Software Inc., is the leading provider of Vaulting security software that leverages its unique patented Vaulting Technology to create safe havens for securing and sharing vital company information. The Company's award-winning Network Vault® and Inter-Business Vault solutions enable a truly secure extended enterprise by providing an infrastructure that allows for completely transparent, yet totally secure, intra- and inter- business communications. Today Cyber-Ark enjoys strong customer relationships with over 50 Global 1000 companies around the world.
Founded by a group of leading military security experts and computer engineers, Cyber-Ark Software is privately held and backed by some of the world's most successful venture capitalists, including Jerusalem Venture Partners, Seed Capital Partners (a SOFTBANK Affiliate), JP Morgan/Chase Partners, Vertex Management and Nomura International Plc.
The Company is located in Dedham, Mass. and on the World Wide Web at www.cyber-ark.com
Cyber-Ark, Network Vault, Inter-Business Vault, and Vaulting Technology are trademarks of Cyber-Ark Software Ltd. in the U.S. and/or other countries. All rights reserved
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