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CYBER-ARK SOFTWARE JOINS THE PCI SECURITY VENDOR ALLIANCE
Managing Privileged Passwords and Highly Sensitive Information is one of the Key Elements to PCI DSS Compliance
NEWTON, Mass. - February 1, 2007 - Cyber-Ark® Software, the leader in Privileged Password Management, has chosen to be one of the eight security industry leading companies which form the Payment Card Industry Security Vendor Alliance - (PCI SVA).
"Cyber-Ark Software has seen an increasing number of customers looking to solve very complex issues that arise from the PCI Data Security Standard," said Udi Mokady, President and CEO of Cyber-Ark Software. "With the specificity of the PCI DSS requirements we are seeing it as an emerging framework for many companies overall Compliance initiatives."
Cyber-Ark Software offers a long history of leadership in compliance issues including PCI. For more than seven years, Cyber-Ark has built compliance-centric solutions based on its patented Vaulting Technology®. Today more than 300 major corporations use Cyber-Ark's solutions to manage their most important digital information. Cyber-Ark's Enterprise Password Vault™ (EPV) solution has seen particular growth due to customers who need to address points 2.1, 6.3.6 and 10.1of the PCI DSS. EPV provides complete control and management over the passwords associated with company's most privileged users. Additionally, Cyber-Ark is seeing key companies in the PCI community adopt the Inter-Business Vault® solution as a way to provide a deeper level of security for the information they are exchanging within their ecosystem.
"The purpose of the PCI SVA is to assist members of the payment card business community in understanding which software vendor solutions help them address their business needs," said J. Alan Bird, VP, Business Development of Cyber-Ark. "We and the other participants in this Alliance are committed to providing that clarity to this ever growing community. We are excited to participate in this ecosystem and look forward to providing documented success stories from our customers in the PCI community."
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 its 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.
About the PCI Software Vendor Alliance
To learn more about the PCI SVA, and to apply for membership, visit the Security Vendor Alliance website http://www.pcialliance.org, or individual member sites.
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