Summary:
CyberArk offers a comprehensive Identity Security Platform designed to secure all types of identities—human and machine—across various environments and applications. The platform includes solutions for privileged access management (PAM), secrets management, endpoint privilege security, and cloud security. CyberArk's PAM tools are particularly robust, providing secure management of privileged accounts, sessions, and access controls to mitigate risks associated with over-privileged accounts and potential security breaches. Their secrets management solutions secure and manage credentials across DevOps pipelines and application environments, ensuring that sensitive information is protected from unauthorized access.
Additionally, CyberArk's endpoint privilege security helps organizations enforce least privilege policies by removing local admin rights and managing elevated access requests, thereby reducing the attack surface and enhancing security posture. The platform also includes identity governance and administration (IGA) to automate and streamline the identity lifecycle, ensuring that only authorized users have access to corporate resources. By integrating these solutions, CyberArk enables organizations to adopt a Zero Trust security model, where continuous verification and least privilege principles are central to securing access and reducing cyber risk.
Key Features:
- Privileged Access Management (PAM) - Protects privileged accounts and sessions, ensuring secure access and monitoring to prevent unauthorized use and potential security breaches.
- Secrets Management - Centrally secures and manages non-human credentials used by applications and DevOps tools, providing a frictionless experience for developers while safeguarding sensitive information.
- Endpoint Privilege Management - Enforces least privilege policies by removing local admin rights and managing privilege elevation requests, thus reducing the risk of malware and ransomware attacks on endpoints.
- Identity Governance and Administration (IGA) - Automates the management of the digital identity lifecycle, ensuring that access rights are appropriately assigned, managed, and audited to meet compliance and security requirements.
- Cloud Security - Provides tools to secure privileged access in hybrid and multi-cloud environments, ensuring consistent visibility, control, and monitoring of privileged access across various cloud platforms.
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Tangible Benefits:
- Reduction in Security Breaches and Incidents:
- Benefit: CyberArk's comprehensive Privileged Access Management (PAM) and Secrets Management solutions significantly reduce the risk of security breaches by ensuring that privileged accounts and credentials are securely managed and monitored. By enforcing least privilege policies and continuous monitoring, CyberArk mitigates the risks associated with over-privileged accounts and unauthorized access.
- Quantification Path: Track the frequency and severity of security incidents related to privileged accounts and credentials before and after implementing CyberArk solutions. Measure improvements in incident detection and response times, noting reductions in unauthorized access attempts and successful breaches. Compare these metrics over specific periods to demonstrate the impact on enhancing overall security.
- Improved Operational Efficiency:
- Benefit: CyberArk's solutions automate the management of privileged access and the identity lifecycle, reducing the workload on IT and security teams. This automation streamlines processes such as access provisioning, monitoring, and auditing, allowing IT staff to focus on more strategic tasks and reducing the need for manual interventions.
- Quantification Path: Assess the time and resources saved in managing privileged accounts and identity lifecycle processes before and after deploying CyberArk solutions. Compare the number of IT support tickets related to access management issues and the time spent resolving them. Measure improvements in IT staff productivity and resource allocation, demonstrating the efficiency gains achieved through automation.
- Enhanced Compliance and Audit Readiness:
- Benefit: CyberArk provides comprehensive reporting and analytics that help organizations meet regulatory compliance requirements and maintain audit readiness. The ability to monitor and log all privileged access activities ensures that organizations have thorough records necessary for regulatory compliance and can quickly respond to audit requests.
- Quantification Path: Measure the time and effort required to prepare for compliance audits before and after implementing CyberArk solutions. Track the frequency and outcomes of compliance audits, noting any reductions in non-compliance issues and associated penalties. Evaluate the overall efficiency in meeting regulatory requirements and maintaining audit readiness, demonstrating the impact of CyberArk on compliance management.