{"id":415911,"date":"2021-01-15T13:14:57","date_gmt":"2021-01-15T18:14:57","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=415911"},"modified":"2021-01-15T13:14:57","modified_gmt":"2021-01-15T18:14:57","slug":"cyberark-receives-cyber-catalyst-sm-designation-from-global-cyber-insurance-leaders","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/cyberark-receives-cyber-catalyst-sm-designation-from-global-cyber-insurance-leaders\/","title":{"rendered":"CyberArk Receives Cyber Catalyst SM Designation From Global Cyber Insurance Leaders"},"content":{"rendered":"

<\/p>\n

CyberArk Receives Cyber Catalyst SM<\/sup> Designation From Global Cyber Insurance Leaders<\/b><\/p>\n

CyberArk Recognized for Ability to Effectively Reduce Cybersecurity Risk <\/i><\/p>\n

NEWTON, Mass. & PETACH TIKVA, Israel–(BUSINESS WIRE<\/a>)–CyberArk<\/a> (NASDAQ: CYBR<\/a>), today announced that CyberArk Core Privileged Access Security has received a Cyber CatalystSM<\/sup><\/a> designation.\n<\/p>\n

\nCreated by Marsh, a global leader in insurance broking and risk management, the Cyber Catalyst program convenes leading cyber insurers to evaluate cybersecurity solutions and awards the Cyber Catalyst designation to those they believe can have a meaningful impact on cyber risk. The program\u2019s rigorous evaluation process involved participating insurers assessing the ability of cybersecurity solutions to address prominent risks including ransomware, supply chain and vendor management, cloud migration and management, social engineering, and privacy regulation and data management.\n<\/p>\n

\nWith compromised privileged credentials continuing to be the root cause of the most damaging cyberattacks, a strong privileged access management program is more important than ever. Delivering the most comprehensive Privileged Access Management solution for cloud and hybrid environments, CyberArk helps to control, manage and audit privileged accounts, credentials and secrets for human and non-human users to reduce risk while also improving operational efficiency and compliance.\n<\/p>\n

\n\u201cThe Cyber Catalyst designation signals that leading insurers believe the CyberArk Core Privileged Access Security solution can help reduce cyber risk, and strongly merits consideration by organizations who seek solutions that yield meaningful improvements in cyber risk outcomes. The 2020 class of Cyber Catalyst solutions target the five most significant cyber risks identified by cyber insurers and, together with the 2019 designees, comprise a roster of more than 30 cybersecurity products insurers believe can be highly effective against cyber threats,\u201d said Thomas Reagan, Marsh Cyber Practice Leader, US & Canada.\n<\/p>\n

\nIn their evaluation, the insurers said of CyberArk:\n<\/p>\n

\n\u201cOne of the best identity access management solutions, and timely given emerging regulatory concerns regarding visibility of data. Helps meet the requirement for improved control and oversight of access to data based on user role.\u201d\n<\/p>\n

\n\u201cA comprehensive solution for privilege access management and simplifies the local admin access problem. Targets the key ways attacks happen and looks closely at unauthorized actions rather than standard indicators of compromise.\u201d\n<\/p>\n

\n\u201cAs high profile cyberattacks continue to make headlines, the compromise of privileged credentials plays a critical role, giving attackers the ability to access high value assets and cause significant business damage and disruption,\u201d said Mike O\u2019Malley, senior vice president of global marketing, CyberArk. \u201cThe Cyber Catalyst program designation validates the importance of privileged access management to an overall cybersecurity strategy. It\u2019s this notion that remains at the heart of our mission — to help customers reduce privilege related risk, address compliance concerns and ultimately be able to confidently and securely move their businesses forward.\u201d\n<\/p>\n

About CyberArk<\/b><\/p>\n

CyberArk<\/a> (NASDAQ: CYBR<\/a>) is the global leader in privileged access management, a critical layer of IT security to protect data, infrastructure and assets across cloud and hybrid environments and throughout the DevOps pipeline. CyberArk delivers the industry\u2019s most complete solution to reduce risk created by privileged credentials and secrets. The company is trusted by the world\u2019s leading organizations, including more than 50 percent of the Fortune 500, to protect against external attackers and malicious insiders. A global company, CyberArk is headquartered in Petach Tikva, Israel, with U.S. headquarters located in Newton, Mass. The company also has offices throughout the Americas, EMEA, Asia Pacific and Japan. To learn more about CyberArk, visit https:\/\/www.cyberark.com\/<\/a>, read the CyberArk blogs<\/a> or follow on Twitter via @CyberArk<\/a>, LinkedIn<\/a> or Facebook<\/a>.\n<\/p>\n

Copyright \u00a9 2021 CyberArk Software. All Rights Reserved. All other brand names, product names, or trademarks belong to their respective holders. <\/i><\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210115005522\/en\/<\/a><\/span><\/p>\n

Media Relations Contacts:
\n<\/b>
Brian Merrill, fama PR
\n
Phone: +1-617-986-5005
\n
Email: cyberark@famapr.com <\/a><\/p>\n

\nAlison Parker, CyberArk
\n
Phone: +1-617-663-0162
\n
Email: press@cyberark.com <\/a><\/p>\n

Investor Relations Contact:
\n<\/b>
Erica Smith, CyberArk
\n
Phone: +1 617-630-6426
\n
Email: ir@cyberark.com<\/a><\/p>\n

KEYWORDS:<\/b> Massachusetts United States North America Israel Middle East<\/p>\n

INDUSTRY KEYWORDS:<\/b> Software Technology Networks Security<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
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CyberArk Receives Cyber Catalyst SM Designation From Global Cyber Insurance Leaders CyberArk Recognized for Ability to Effectively Reduce Cybersecurity Risk NEWTON, Mass. & PETACH TIKVA, Israel–(BUSINESS WIRE)–CyberArk (NASDAQ: CYBR), today announced that CyberArk Core Privileged Access Security has received a Cyber CatalystSM designation. Created by Marsh, a global leader in insurance broking and risk management, the Cyber Catalyst program convenes leading cyber insurers to evaluate cybersecurity solutions and awards the Cyber Catalyst designation to those they believe can have a meaningful impact on cyber risk. The program\u2019s rigorous evaluation process involved participating insurers assessing the ability of cybersecurity solutions to address prominent risks including ransomware, supply chain and vendor management, cloud migration and management, social engineering, and privacy regulation and … <\/p>\n

Continue reading “CyberArk Receives Cyber Catalyst SM Designation From Global Cyber Insurance Leaders”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-415911","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nCyberArk Receives Cyber Catalyst SM Designation From Global Cyber Insurance Leaders - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cyberark-receives-cyber-catalyst-sm-designation-from-global-cyber-insurance-leaders\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CyberArk Receives Cyber Catalyst SM Designation From Global Cyber Insurance Leaders - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"CyberArk Receives Cyber Catalyst SM Designation From Global Cyber Insurance Leaders CyberArk Recognized for Ability to Effectively Reduce Cybersecurity Risk NEWTON, Mass. & PETACH TIKVA, Israel–(BUSINESS WIRE)–CyberArk (NASDAQ: CYBR), today announced that CyberArk Core Privileged Access Security has received a Cyber CatalystSM designation. Created by Marsh, a global leader in insurance broking and risk management, the Cyber Catalyst program convenes leading cyber insurers to evaluate cybersecurity solutions and awards the Cyber Catalyst designation to those they believe can have a meaningful impact on cyber risk. 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