CyberArk Named a Leader in Gartner Magic Quadrant for Privileged Access Management

NEWTON, Mass. & PETACH TIKVA, Israel–(BUSINESS WIRE)–CyberArk
(NASDAQ: CYBR)
today announced it was named a Leader in the first-ever Gartner Magic
Quadrant for Privileged Access Management
,1 positioned
highest for ability to execute and furthest for completeness of vision.


According to the report, “privileged access management is one of the
most critical security controls, particularly in today’s increasingly
complex IT environment. Security and risk management leaders must use
PAM tools in a long-term strategy for comprehensive risk mitigation.”

CyberArk
delivers
the industry’s most comprehensive solution, securing
privileged accounts, credentials and secrets wherever they exist –
on-premises, in hybrid cloud
and DevOps
environments, and on the endpoint.

“Since establishing the privileged access management market, CyberArk
has been relentless in its mission to continuously innovate and lead the
industry with solutions that dramatically improve security, reduce risk
and deliver superior customer satisfaction,” said Marianne Budnik, CMO,
CyberArk.

Gartner Peer Insights documents customer experience through verified
ratings and peer reviews from enterprise IT professionals. As of
September 10, 2018, CyberArk reviews include the following:

“The product has helped secure aspects that are easily overlooked. The
customer success team has really put the company and product above all
other vendors/support. Based on my experience working with I/T Security
vendors, CyberArk is in a class of their [own].” – IT, Security and Risk
Management, Healthcare Industry [read
full review
]

“CyberArk works well to store our domain admin passwords and rotate it
when required. It is an essential tool to perform ‘eradication’ during a
breach response incident at a very rapid pace. The new UI in Version 10
rocks!” – CSO, Manufacturing Industry [read
full review
]

“Customer focused and strong set of solutions, with a complete vision
for the future.” – Identity and Access Manager, Media Industry [read
full review
]

To download a complimentary copy of the 2018 Gartner Magic Quadrant for
Privileged Access Management, visit: https://www.cyberark.com/pr/gartner-mq-pam-leader/

1 – Gartner, Magic Quadrant for Privileged Access Management, Felix
Gaehtgens, Dale Gardner, Justin Taylor, Abhyuday Data, Michael Kelley, 3
December 2018

Gartner Disclaimers
Gartner does not endorse any vendor,
product or service depicted in its research publications, and does not
advise technology users to select only those vendors with the highest
ratings or other designation. Gartner research publications consist of
the opinions of Gartner’s research organization and should not be
construed as statements of fact. Gartner disclaims all warranties,
expressed or implied, with respect to this research, including any
warranties of merchantability or fitness for a particular purpose.

Gartner Peer Insights reviews constitute the subjective opinions of
individual end users based on their own experiences, and do not
represent the views of Gartner or its affiliates.

About CyberArk
CyberArk
(NASDAQ: CYBR)
is the global leader in privileged access security, a critical layer of
IT security to protect data, infrastructure and assets across the
enterprise, in the cloud and throughout the DevOps pipeline. CyberArk
delivers the industry’s most complete solution to reduce risk created by
privileged credentials and secrets. The company is trusted by the
world’s leading organizations, including 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 www.cyberark.com,
read the CyberArk
blogs
or follow on Twitter via @CyberArk,
LinkedIn
or Facebook.

Copyright © 2018 CyberArk Software. All Rights Reserved. All
other brand names, product names, or trademarks belong to their
respective holders.

Contacts

Media Relations Contacts:
Brian Merrill, fama PR
Phone:
+1-617-986-5005
Email: cyberark@famapr.com

Liz
Campbell, CyberArk
Phone: +1-617-558-2191
Email: press@cyberark.com

Investor
Relations Contact:

Erica Smith, CyberArk
Phone: +1
617-630-6426
Email: ir@cyberark.com