Cyber-Ark

Cyber-Ark
Cyber-Ark Software, Inc.
Type Private
Industry Computer software
Founded 1999
Headquarters Newton, Massachusetts, USA
Key people Udi Mokady, Founder and CEO
Employees 120 (2010)
Website www.Cyber-Ark.com

Cyber-Ark Software, Inc. is an Israeli-American[1] information security company that develops and markets digital vaults, based on their vaulting technology for securing and managing privileged passwords and Privileged identities (PIM), and sensitive information within and across enterprise networks. Cyber-Ark’s technology is deployed worldwide – primarily in the Financial Services, Energy, Retail , and Healthcare enterprises.

Cyber-Ark works with more than 900 global customers, including more than 35 percent of the Fortune 50 and 7 of the 10 largest banks worldwide.[2]

Cyber-Ark is a venture-backed company. A list of its current investors includes Seed Capital Partners, Cabaret-ArbaOne, Jerusalem Venture Partners (JVP), JP Morgan/Chase Partners and Vertex Venture Capital.[3]

Contents

History & general timeline

Cyber-Ark was founded in 1999 by Alon Cohen, Udi Mokady and a team of security technologists in Israel, who worked to develop the Digital Vault. The technology combines multiple layers of security which resides within an existing network perimeter and focuses around data itself, creating a central repository to share and store proprietary or confidential data. The Digital Vault was created to exist separately from the network, whether placed within or outside the infrastructure and serves as the foundation for all of Cyber-Ark’s following technology products.

In April 2006 Cyber-Ark’s digital vaulting platform was tested by ICSA Labs and verified as a secure, encrypted file storage and sharing environment.

On July 9, 2006, Cyber-Ark expanded its European presence by opening a new UK headquarters in London. Later that year, on December 21, the Company moved its corporate headquarters to Newton, MA.

On January 30, 2007, Cyber-Ark co-founded the PCI Security Vendor Alliance along with seven other companies to educate U.S. companies on the compliance regulation and technology tools for compliance.

On September 28, 2010, Cyber-Ark joined the Cloud Security Alliance to help promote best practices and support educational initiatives associated with creating and maintaining secure cloud computing environments.

Technology Development Timeline

  • September 2000, Launch of first product based on the Digital Vault technology, the PrivateArk Vault.
  • May 2002, Digital Vault technology awarded a U.S. patent.
  • June 2002, Availability announced for the first Sensitive Document Vault (originally launched as “PrivateArk Network Vault”) and first Inter-Business Vault (originally launched as “PrivateArk Inter-Business Vault”).
  • June 2003, Availability of the Enterprise Password Vault (originally launched as “Network Vault for Passwords) is announced.
  • November 2005, Central Password Manager for Network Vault is unveiled.
  • August 2006, Announced the availability of the appliance offering for its Enterprise Password Vault.
  • October 2006, Enterprise Password Vault v4.0 released.
  • October 2008, Inter-Business Vault v5.0 is made publicly available.
  • March 2009, New Privileged Session Manager solution announced as part of Privileged Identity Management Suite v5.0.
  • September 2009, Inter-Business Vault v5.5 released.
  • September 2009, Privileged Identity Management Suite v5.5 features new version of the Application Identity Manager.
  • April 2010, Privileged Identity Management Suite v6 features new On-Demand Privileges Manager.
  • November 2010, Secure Email Manager announced as part of version 6 of the Governed File Transfer Suite
  • February 2011, The new Privileged Session Management Suite is launched.
  • September 2011, Inter-Business Vault® as a Service is announced, a cloud-based solution for rapidly exchanging sensitive files with external third parties

Products

  • Inter-Business Vault - a secure Governed File Transfer solution
  • Sensitive Document Vault - a repository for securing, storing and managing confidential documents
  • Privileged Identity Management Suite - secures, manages and monitors all activities associated with powerful privileged accounts. Includes the following solutions: Enterprise Password Vault, Application Identity Manager and On-Demand Privileges Manager
  • Privileged Session Management Suite - isolates, controls and records privileged access to databases, virtual environments and servers
  • Governed File Transfer Suite - secure solution for protecting and managing the exchange of critical business information. Features the Secure Email Manager

Executive Officers

  • Udi Mokady: Founder, President & CEO
  • Alon N Cohen: Active Chairman & Founder, former head of the System and Security Department for the Israeli military[4]
  • Nir Gertner: Chief technical officer
  • Chen Bitan: General Manager EMEA and Vice President of R&D
  • Roy Adar: Vice President of Product Management
  • Adam Bosnian: Vice President of Products, Strategy, and Sales
  • Richard A Weeks: Vice President of Business Development

References

  1. ^ "Israeli Security Firm Replaces Vaults With Cyber Safes," Investor's Business Daily, April 12, 2001
  2. ^ Cyber-Ark website
  3. ^ Cyber-Ark website
  4. ^ "/ Special Interest Group in Security and Information inteGrity"

Further reading

External links


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