Headquartered in Petah Tikva, Israel, CyberArk Software Ltd. was founded in 1999. Together with its subsidiaries, the company provides information technology security solutions. The company is a vital security partner to more than 5,400 global businesses, which include over 50% of the Fortune 500 and more than 35% of the Global 2000 companies.
CyberArk offers services, which protect organizational privileged accounts from cyber-attacks. Its products include CyberArk Shared Technology Platform, Privileged Account Security Solution and Sensitive Information Management Solution.
The company’s privileged account security solution consists of enterprise password vault, which provides a tool to manage ...
Headquartered in Petah Tikva, Israel, CyberArk Software Ltd. was founded in 1999. Together with its subsidiaries, the company provides information technology security solutions. The company is a vital security partner to more than 5,400 global businesses, which include over 50% of the Fortune 500 and more than 35% of the Global 2000 companies.
CyberArk offers services, which protect organizational privileged accounts from cyber-attacks. Its products include CyberArk Shared Technology Platform, Privileged Account Security Solution and Sensitive Information Management Solution.
The company’s privileged account security solution consists of enterprise password vault, which provides a tool to manage and protect physical, virtual, or cloud-based assets in an organization; privileged session manager that protects IT assets; and application identity manager, which addresses the challenges of hard-coded, embedded credentials, and cryptographic keys being hijacked and exploited by malicious insiders or external cyber attackers.
The company offers its products to energy and utilities, financial services, healthcare, manufacturing, retail, technology, and telecommunications industries, as well as government agencies through resellers and distributors.
CyberArk operates under three broad categories — Subscription, Perpetual License, and Maintenance and Professional Services. In 2023, Subscription revenues made up 63% of total revenue, while Perpetual License and Maintenance and Professional Services accounted for 3% and 34%, respectively.
In 2023, the company generated approximately 52% of revenues from the United States, 30% from the EMEA region and the remaining 18% from the Rest of the World.
In the access and identity management market CA, Dell, IBM, Microsoft and Oracle are CyberArk’s main competitors. In the advanced threat protection solutions space, its competitors include HP Inc., IBM, FireEye, Splunk, Check Point Software and Palo Alto Networks.
CyberArk has offices in the U.S., Israel, Singapore, Australia, the U.K., Italy, France, Germany, Spain, Japan, Netherlands and Turkey.