CyberArk (NASDAQ: CYBR), the company that protects organizations from cyber attacks that have made their way inside the network perimeter, today announced the CyberArk Privileged Account Security Solution has received the U.S. Army Certificate of Networthiness (Army CoN).
The U.S. Army Networthiness Program was created for compliance and risk mitigation purposes and ensures that all IT purchases meet Federal Department of Defense (DoD) and Army guidelines, regulations and requirements. Following a thorough IT assessment, the Army CoN recognizes that the CyberArk Privileged Account Security Solution has been certified for use across the Army Enterprise Infrastructure Network.
Federal government agencies, departments and critical infrastructure are frequent targets in today’s advanced attacks. The CyberArk Privileged Account Security Solution is a proactive cyber security solution that identifies and secures privileged accounts and credentials, including SSH keys, and continuously monitors the use of those credentials to identify and alert on anomalous activity in order to limit damage from an external attack or insider threat. Addressing vulnerabilities in Federal government’s critical infrastructure, CyberArk also helps protect industrial control systems (ICS) with cyber security capabilities aimed at limiting the progression of malware, better identifying privileged account-related risks and improving remote access security.
The Army CoN verifies compliance with stringent DoD and Army requirements for security, sustainability and usability. The CoN is based on a set of consistent, risk-based assessment criteria that supports interoperability and reciprocity, making it easier for military IT professionals from other participating enterprises to implement CyberArk solutions.
This certification follows the addition of the CyberArk Privileged Account Security Solution to the DoD Unified Capabilities Approved Products List (UC APL). CyberArk has the only comprehensive privileged account security solution on the list, which identifies products that have undergone a rigorous testing process conducted by the DoD that assures acceptable levels of information assurance and interoperability capabilities.
CyberArk was also granted Common Criteria Evaluation Assurance Level EAL 2+ in 2015, further demonstrating CyberArk’s commitment to helping Federal organizations and global enterprises secure privileged accounts.
“Achieving the Army CoN is another significant milestone for CyberArk in the Federal government sector, and one that makes it even easier for our customers to implement solutions for privileged account protection and threat detection as part of their advanced cyber security strategies,” said Kevin Corbett, director of U.S. Federal Business at CyberArk. “With the increasing intensity of cyber attacks targeting government data and information, as well as critical infrastructure, CyberArk is committed to continuing to decrease barriers for implementing solutions that help safeguard against attacks – whether initiated by external threats or insiders.”
Visit the Army CoN website (requires CAC for access) for more details on the CyberArk certification (#201621511): https://www.atsc.army.mil/tadlp/implementation/config/networthiness.asp.
To learn more about CyberArk security and compliance solutions for Federal agencies, visit http://www.cyberark.com/solutions/federal-government-solutions/.
CyberArk is the only security company focused on eliminating the most advanced cyber threats; those that use insider privileges to attack the heart of the enterprise. Dedicated to stopping attacks before they stop business, CyberArk proactively secures against cyber threats before attacks can escalate and do irreparable damage. The company is trusted by the world’s leading companies – including 45 percent of the Fortune 100. CyberArk’s dedicated team based in Washington, D.C. works closely with many U.S. Federal agencies to help protect their highest value information assets, infrastructure and applications. CyberArk’s U.S. headquarters are located in Newton, Mass. To learn more about CyberArk, visit www.cyberark.com, read the company blog, http://www.cyberark.com/blog/, follow on Twitter @CyberArk or Facebook at https://www.facebook.com/CyberArk.
This release may contain forward-looking statements, which express the current beliefs and expectations of CyberArk’s (the “Company”) management. In some cases, forward-looking statements may be identified by terminology such as “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “expect,” “predict,” “potential” or the negative of these terms or other similar expressions. Such statements involve a number of known and unknown risks and uncertainties that could cause the Company’s future results, performance or achievements to differ significantly from the results, performance or achievements expressed or implied by such forward-looking statements. Important factors that could cause or contribute to such differences include risks relating to: changes in the rapidly evolving cyber threat landscape; failure to effectively manage growth; near-term declines in the Company’s operating and net profit margins and its revenue growth rate; real or perceived shortcomings, defects or vulnerabilities in the Company’s solutions or internal network system, or the failure of the Company’s customers or channel partners to correctly implement the Company’s solutions; fluctuations in quarterly results of operations; the inability to acquire new customers or sell additional products and services to existing customers; competition from IT security vendors; the Company’s ability to successfully integrate recent and or future acquisitions; and other factors discussed under the heading “Risk Factors” in the Company’s most recent annual report on Form 20-F filed with the Securities and Exchange Commission. Forward-looking statements in this release are made pursuant to the safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are made only as of the date hereof, and the Company undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.
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