NEWTON, Mass. and PETACH TIKVA, Israel – March 12, 2020 – CyberArk (NASDAQ: CYBR), the global leader in privileged access management, today announced expanded capabilities of CyberArk Alero to support emerging business continuity priorities. Building on its core use case of enabling privileged access for remote vendors, Alero, a SaaS-based solution combining Zero Trust access and biometric multi-factor authentication, now allows remote employees simple and secure access to critical systems managed by CyberArk.
Securing access for remote workers is a critical element of business continuity strategies. According to Forrester, 88 percent of organizations cite provisioning employees with remote access technologies so they can work remotely from a location with internet access as a key workforce continuity/recovery strategy.1
Additionally in just the last five years, remote work has grown 44 percent representing a clear need for organizations to ensure these workers, particularly those who require privileged access, can perform their jobs without disruption. The rise in employees working from home or other locations has security ramifications, and many organizations do not have the appropriate technology, infrastructure or internal resources to effectively manage risk.
“At IDB, we pride ourselves on driving innovation and are always looking for ways we can better address the changing needs of our employees and customers,” said Dave Smithers EVP, CIO & COO at IDBBANK. “We originally adopted CyberArk Alero to help us easily provision and secure privileged access for third party vendors. Expanding this capability to include remote employees is an exciting development – especially in today’s environment where work often needs to happen beyond our office walls. Knowing our remote users are secured gives us the confidence to be agile in any situation.”
CyberArk Alero is an industry leading solution designed to provide fast, easy and secure privileged access to remote users including third party vendors, employees and contractors. CyberArk is the first and only vendor to combine Zero Trust access, biometric authentication and just-in-time provisioning without the use of VPNs, agents or passwords in one solution. Unlike VPN-based solutions, CyberArk Alero removes the need to deploy additional infrastructure or hardware and provides granular, role-based access to critical internal systems regardless of user type, target system or environment.
“As organizations continue to embrace the benefits of remote work – be it out of necessity or simply offering employees flexibility – it’s critical they adopt an integrated and standardized method for workers and vendors to securely access the critical internal systems necessary to keep business up and running,” said Gil Rapaport, vice president, CyberArk Alero. “By extending the capabilities of CyberArk Alero to now include remote employees, organizations can take advantage of the benefits of continued productivity while simultaneously mitigating security risks and reducing operational complexity.”
To learn more, visit: https://www.cyberark.com/products/privileged-account-security-solution/alero/
Additional Resources:
- Video: Introducing CyberArk Alero
- eBook: Third Party Privileged Access to Critical Systems
- Webinar: Securely Manage 3rd Party Remote Access to CyberArk
1-Forrester Research, “Prepare Your Organization For A Pandemic,” February 10, 2020 by Stephanie Balaouras, Alla Valente, Andrew Hewitt et al
About CyberArk
CyberArk (NASDAQ: CYBR) 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’s most complete solution to reduce risk created by privileged credentials and secrets. The company is trusted by the world’s 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/, read the CyberArk blogs or follow on Twitter via @CyberArk, LinkedIn or Facebook.
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