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RABOBANK INTERNATIONAL SINGAPORE BRANCH SELECTS CYBER-ARK VAULTING SOLUTION TO MANAGE THEIR CRITICAL INFORMATION ASSETS
Singapore - 31 July 2006 - Cyber- Ark® Software, the information security software company that develops and markets digital vaults for securing and managing highly-sensitive information within and across global enterprise networks, today announced that Rabobank International Singapore Branch has selected Cyber-Ark's Network Vault to securely store, share and audit their critical information assets. Cyber-Ark has had great success with their Vaulting Technology in the US, Israel and Europe and are now seeing a growing demand for their products in the Asia Pacific region.
Rabobank International Singapore Branch had selected Cyber-Ark's Network Vault after a thorough consultation and a trial testing period. Rabobank International is part of the Rabobank Group with headquarters in the Netherlands and offers, through its well-connected global network, corporate and investment banking services to private and business customers worldwide.
"We had been sourcing for a solution that could securely manage our critical information assets and Cyber-Ark's Network Vault was our first choice. As a triple-A bank, security is paramount for our business." said Lee Tze Ming - Regional Security Manager, Asia for Rabobank International.
Dan Dinnar - VP Regional Sales - Asia Pacific of Cyber-Ark Software said "Security is of utmost importance to a company like Rabobank, and by choosing Cyber-Ark they have an out-of-the-box solution which provides them with a best-in-class secure process whereby critical information assets can be archived, transferred and shared among the staff and authorized personnel.
Cyber-Ark's Network Vault solution provides a "safe haven" within the enterprise where all critical information assets can be archived, transferred and shared.
"As Cyber-Ark's regional partner in Singapore we have had a lot of interest from the financial and banking sector" said Kwek Hong Sin - Managing Director - Quantiq International. "In our opinion Cyber-Ark's Vaulting Technology is the only true solution to fully address the complex issue of Administrative Password Management. It is exactly what our customers have been looking for."
Cyber-Ark Software is an Information Security company that develops and markets digital vaults for securing and managing sensitive information within and across global enterprise networks. Based on it's patented Vaulting Technology, Cyber-Ark's digital vault products include: The Inter-Business Vault®, a secure infrastructure for cross-enterprise data exchange of highly-sensitive information; the Network Vault®, for secure storage and management of highly-sensitive documents, and the Enterprise Password Vault™, for the secure management of administrative, emergency and privileged user passwords.
Cyber-Ark Software was founded in 1999 by a team of industry-recognized security experts with the aim of producing a truly effective security offering where complete end-to-end security was the initial, key design consideration rather than applied as an afterthought. Today, over 200 Global 1000 companies rely on Cyber-Ark Software's digital vault solutions for managing, sharing and securing highly-sensitive information both within their organization and with their partners, vendors and customers. 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 and Vertex Management.
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.