Press Releases
Williams Companies Selects Cyber-Ark for Privileged Identity Management
Leading Energy Provider Chooses Cyber-Ark's Award-Winning Enterprise Password Vault to Protect and Manage Privileged Identities and Meet Compliance Regulations
NEWTON, MA - February 25, 2008 - Cyber-Ark® Software, the leader in Privileged Identity Management, today announced that Williams Companies, Inc (NYSE: WMB), a leading energy provider that engages in the production, gathering, processing, and transportation of natural gas, has implemented Cyber-Ark's Enterprise Password Vault™ (EPV) to secure and manage the organization's privileged identities, passwords and other highly sensitive information.
Compliance regulations across the world have placed an inordinate amount of weight on the enterprise to quickly gain visibility and security of internal controls and information. Energy companies such as Williams face the pressures of SOX in addition to its own industry specific regulation commissions such as FERC and SCADA, both of which delve deep into the examination of system infrastructures. Williams needed a proactive approach for securing the access to its highly powerful privileged information (administrative and embedded identities/passwords) that is so often overlooked and exploited.
"Until recently, companies have been attempting to take on the complex processes of securing, managing, updating, and logging all privileged accounts and identities throughout an enterprise with spreadsheets and patch programs," said Udi Mokady, President and CEO of Cyber-Ark Software. "With the Enterprise Password Vault, organizations such as Williams can have a highly efficient Privileged Information Management system in place that easily integrates into their existing infrastructure and audit programs. We're pleased that Williams has implemented our solution and look forward to growing our relationship in the future."
Cyber-Ark's Enterprise Password Vault enables organizations to secure, manage, automatically change and log all activities associated with all types of privileged identities such as administrator on a Windows server, Root on a UNIX server, Cisco Enable on a Cisco device, as well as embedded passwords found in applications and scripts.
About Cyber-Ark
Cyber-Ark™ Software is the leading provider of Privileged Identity Management (PIM) solutions for securing privileged user accounts and highly-sensitive information across the enterprise. Long recognized as an industry innovator for its patented Vaulting Technology™, Cyber-Ark's digital vault products include: The Enterprise Password Vault™ for the secure management of administrative, application and privileged user passwords; the Inter-Business Vault™, a secure infrastructure for cross-enterprise data exchange of highly-sensitive information, and the Sensitive Document Vault™ for secure storage and management of highly-sensitive documents. Cyber-Ark's Vaulting platform has been tested by ICSA Labs, an independent division of Cybertrust and the security industry's central authority for research, intelligence, and certification testing of security products. Cyber-Ark's award-winning technology is deployed by more than 300 global customers, including 100 of the world's largest banks and financial institutions. Headquartered in Newton, MA, Cyber-Ark has offices and authorized partners in North America, Europe and Asia Pacific. For more information, visit www.cyber-ark.com