Israeli firm nabs cyber prize

CyberArk named best advanced persistent threat protection in SC Awards Europe 2014, for its privileged account security solution.

Earlier this month, CyberArk was selected as best advanced persistent threat protection at the SC Awards Europe 2014. Israel’s largest private cyber-security software company also was ranked “highly commended” in the identity-management category from among hundreds of vendors and service providers.

“After being narrowed down to a select group of finalists, our judges pored over the entries to thoroughly compare each product against its peers,” said Illena Armstrong, VP for editorial at SC Magazine for IT security professionals, the award’s sponsor. “CyberArk was selected as the winner in this year’s SC Awards Europe for its ability to best meet the needs of its customers.”

The SC Awards are recognized as a high mark of achievement for information-technology security professionals and products. The annual awards showcase the best solutions, services and professionals working to fend off growing security threats in today’s corporate world.

CyberArk employs about 350 people worldwide, half of them in the company’s Petah Tikva home base and R&D center. More than 30 of the Fortune 100 and 17 of the world’s 20 largest banks are counted among its 1,400 customers.

The company’s award-winning software “locks up” critical IT infrastructure, monitoring and recording everything done with data accessed by authorized (“privileged”) users on-premise, off-premise or in the cloud.

“Privileged and administrative credentials are a predominant exploit for advanced attacks because they empower attackers to become de facto insiders and commandeer a company’s infrastructure,” said John Worrall, chief marketing officer for CyberArk at its US headquarters in Massachusetts.

“Preventing the exploitation of these accounts is critical in protecting against the latest attacks. This award validates our approach as CyberArk continues to develop innovative solutions to protect against an increasingly menacing threat landscape.”

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About Abigail Klein Leichman

Abigail Klein Leichman is a writer and associate editor at ISRAEL21c. Prior to moving to Israel in 2007, she was a specialty writer and copy editor at a daily newspaper in New Jersey and has freelanced for a variety of newspapers and periodicals since 1984.