Press Releases
INFO SECURITY PRODUCTS GUIDE AWARDS CYBER-ARK THE "HOT COMPANIES" RECOGNITION FOR 2007
Cyber-Ark Kick-starts 2007 with Industry's Highest Global Recognition
NEWTON, Mass. - January 31, 2007 - Info Security Products Guide, the world's leading publication on security-related products and technologies has named Cyber-Ark® one of its Info Security "Hot Companies" winners for 2007. Selected from an industry analysis of more than 500 prominent info security vendors around the world, this prestigious honor comes to Cyber-Ark based upon a stern selection criteria of 4Ps, namely Products, People, Performance and Potential behind the company's growing success. The Hot Companies 2007 selection also helps raise the bar significantly for the other's in the industry to provide end-users with effective and deployable protective solutions against the next generation of highly sophisticated and super-blended attacks. The evaluation process also included strong entrepreneurial spirit, seasoned executives with relevant experience, clear understanding of the security market, products and solutions that are positioned to take advantage of the emerging market opportunities, well developed revenue-growth model and clearly planned expansion strategies.
Cyber-Ark's Enterprise Password Vault™ features vital capabilities designed from the ground up for IT professionals who focus on securing, managing, updating and logging all privileged passwords throughout an enterprise, whether these shared, administrative or super-user passwords exist in routers, servers, databases, workstations or applications. Enterprise Password Vault is the only solution on the market to provide an enterprise-wide view of privileged password activity and has become the de-facto Privileged Password Management solution for Fortune 1000 companies.
"Security is now one of the top three issues with almost every organization around the world including at an individual level where identity thefts have increased rapidly over the past few months," said Rake Narang, Managing Editor of Info Security Products Guide published by Silicon Valley Communications. "Vendors that are building their success strategy based on the four pillars of strength, mainly the 4Ps under which we have evaluated security vendors of all sizes around the world are the ones that are best positioned to keep your digital resources secured in 2007. Cyber-Ark is a key player in the fast-growing Privileged Password Management market."
"We are delighted to receive the "Hot Company 2007" recognition by Info Security Products Guide," said Udi Mokady, Founder, President and CEO of Cyber-Ark Software. "This award validates our position as a company with a successful strategy of serving our customer's best by eliminating one of today's biggest IT security risks and compliance challenges: the mismanagement of shared, service or privileged user accounts. And we will continue to perform best in 2007."
About Silicon Valley Communications Awards
Info Security Products Guide, published by Silicon Valley Communications, plays a vital role in keeping end-users informed of the choices they can make when it comes to protecting their digital resources. It is written expressly for those who are adamant on staying informed of security threats and the preventive measure they can take. You will discover a wealth of information in this guide including tomorrow's technology today, best deployment scenarios, people and technologies shaping info security and independent product evaluations that facilitate in making the most pertinent security decisions. The Info Security Products Guide Awards recognize and honor excellence in all areas of information security. To learn more, visit www.infosecurityproductsguide.com and stay secured.
About Cyber-Ark
Cyber-Ark Software is an Information Security company that develops and markets digital vaults for securing and managing privileged passwords and highly-sensitive information. 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 Sensitive Document 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's Vaulting platform has been tested by ICSA Labs, an independent division of Cybertrust. ICSA is the security industry's central authority for research, intelligence, and certification testing of security products.
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 250 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 Newton, Mass. and on the World Wide Web at www.cyber-ark.com
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