Press Releases
Digital Insight Selects Cyber-Ark Inter-Business Vault®
Leading Online Banking Services Provider Chooses Cyber-Ark to Secure and Efficiently Exchange Financial Transactions
NEWTON, MA - November 13, 2008 - Cyber-Ark® Software, the leading provider of digital vault and Privileged Identity Management (PIM) solutions, today announced that Digital Insight, the leading provider of online banking services to mid-market banks and credit unions in the United States, has selected Cyber-Ark's Inter-Business Vault® (IBV) to securely exchange and manage highly sensitive information -- both within the organization and with external business partners and customers.
Built on Cyber-Ark's patented Digital Vault Technology, IBV is the leading secure Managed File Transfer (MFT) solution in the market. Whether it's sharing clinical trial information between 100's of doctors, hospitals and CRO's, or automatically transferring ACH and ACT financial transaction files between back office applications in different banks on an hourly basis, the IBV's security, extensibility and ease of use, adoption and administration can handle any MFT or External File Sharing (EFS) application that an organization demands today and into the future. With more than 1,700 financial institution clients who trust them to protect their information, Digital Insight needed a highly secure method of sharing sensitive data and complying with regulations, without negatively impacting productivity.
"As our ability to share information via the Web grows, the ability for large organizations to ensure that shared information is secure has grown increasingly difficult as well," said Udi Mokady, President and CEO of Cyber-Ark Software. "With the Inter-Business Vault, businesses can have a highly efficient Managed File Transfer system that provides layers of security without hindering productivity. We're thrilled that Digital Insight has implemented the IBV solution and look forward to growing our relationship further in the future."
About Cyber-Ark
Cyber-Ark® Software is a leading provider of Privileged Identity Management (PIM) solutions for securing privileged user accounts and managing 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 Managed File Transfer solution for cross-enterprise data exchange, and the Sensitive Document Vault, secure repository for protecting and sharing 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 500 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.
