Cyber-Ark Announces Enterprise Password Vault 4.0.

First Solution to Offer Unified View of Privileged Passwords Across an Enterprise

DEDHAM, Mass. -- Cyber-Ark[R] Software, the information security software company that develops and markets Digital Vaults for securing and managing privileged passwords and highly-sensitive information, today announced the release of the latest edition of its flagship product, Enterprise Password Vault version 4.0. EPV 4.0 delivers a wide array of vital capabilities designed from the ground up for IT Professionals who focus on securing, managing, updating and logging all Privileged Passwords throughout an enterprise, whether these shared, administrative or super-user passwords exist in routers, servers, databases, workstations or applications. With EPV 4.0, enterprises gain power features related to functionality, ease-of-use and overall enterprise-readiness, all backed by the ICSA-validated security that has made EPV the industry's leader.

"The need for Enterprise Password Vault has never been greater," said Udi Mokady, Founder and President of Cyber-Ark Software. "Companies understand that mismanagement of privileged passwords is a critical security risk that must be addressed. Privileged password management is now a basic tenant of IT security best practices, regardless of where an organization is or what products and services it offers. We are thrilled that our Enterprise Password Vault has become the premier product of choice in the fast-growing market for privileged password management."

Cyber-Ark's Enterprise Password Vault is uniquely positioned to eliminate one of today's biggest IT security risks and compliance challenges: the mismanagement of privileged user accounts and passwords, which may result in costly outages, lost business, legal liability and or audit deficiencies. Privileged passwords are the non-personal, shared passwords that exist in virtually every device or software application in an enterprise, such as root on a UNIX server, Administrator on a Windows workstation, Cisco Enable on a Cisco device and any application account used to connect to databases.

"Cyber-Ark is fulfilling a pressing need in the market for the extension of secure identity management solutions," said Sally Hudson, research manager for IDC's Security Services and Identity Management Products program. "Cyber-Ark's latest release of Enterprise Password Vault is designed to provide a safe haven where all privileged users' passwords can be securely archived, transferred, shared, and managed by authorized users. This technology will allow enterprise organizations to significantly enhance overall security - both from an internal and external perspective."

Power Features Tailored to Privileged Password Management

EPV 4.0 offers a robust set of new power features designed specifically for Privileged Password Management, including a set of capabilities to streamline workflow. New features focused on ease of use include:

* Self-learning system automatically produces lists of "recently used passwords" and "frequently used passwords" saving users time and facilitating access to privileged passwords

* Simple, intuitive wizard for defining new privileged passwords

* Powerful search mechanism for privileged passwords and sensitive files

* Almost no end-user training required

* Full web-based application to reduce TCO 

Industry's First Password Management Dashboard

The Enterprise Password Vault is the only solution in the market to provide an enterprise-wide view of privileged password activity. Crystal clear graphs, charts and alerts on password usage activity are highlighted to provide IT users and administrators the ability to determine at-a-glance where issues exist across the enterprise. These system-wide alerts highlight password policy violations such as passwords that were not replaced according to the enterprise policy guidelines.

In addition, EPV 4.0 makes it possible to secure and manage more than just privileged passwords; the system also addresses the large number of sensitive files related to privileged passwords such as network diagrams and policy documents. Built-in file search capabilities also make it easy to access the document required, precisely when it is needed, all within a single interface.

Leading in Enterprise Readiness

EPV 4.0 further enhances the product's leadership position as an enterprise-class, enterprise-ready solution with more out-of-the box support for more privileged account types than ever before, such as:

* Operating systems - Microsoft Windows 2000/2003, IBM AIX, AS/400, OS/390, Sun Solaris, HP/UX, Red Hat Linux 

* Databases - Oracle, MS SQL, IBM DB2, Sybase, Informix-IBM, MySQL

* Security Appliances - Checkpoint FW-1, Cisco PIX, Juniper NetScreen

* Network Devices - Cisco Routers and switches, Juniper Routers

Enterprises will also benefit from EPV 4.0's deep levels of support and integration for both LDAP and Microsoft Active Directory technologies; the system's ability to meet enterprise standards for backup, high-availability and disaster-recovery implementations; and the solution's distributed architecture that allows deployment in a complex enterprise environment. In addition, EPV 4.0 offers proven enterprise-class performance for accessing thousands of passwords simultaneously and facilitates large implementations with the ability to bulk-import privileged passwords from standard CSV files.

Rock-Solid Security

However, what's most important in EPV 4.0 may be what has remained constant: the solution continues to store privileged password data using Cyber-Ark's patented Digital Vault technology, a fully integrated model of critical security layers including Firewall, Data Access Control and End-to-End Encryption that are interwoven to meet the highest security requirements for an organization's most critical data.

The Enterprise Password Vault 4.0 is available now; visit www.cyber-ark.com or call 1-888-808-9005 for more information or a product demonstration.

About Cyber-Ark

Cyber-Ark Software is an Information Security company that develops and markets digital vaults for securing and managing privileged passwords and highly-sensitive information. Based on it's patented Vaulting Technology[TM], Cyber-Ark's digital vault products include: The Inter-Business Vault, a secure infrastructure for cross-enterprise data exchange of highly-sensitive information; the Sensitive Document Vault, for secure storage and management of highly-sensitive documents, and the Enterprise Password Vault, for the secure management of administrative, emergency and privileged user passwords. Cyber-Ark's Vaulting platform has been tested by ICSA Labs, an independent division of Cybertrust. ICSA is the security industry's central authority for research, intelligence, and certification testing of security products.

Cyber-Ark Software was founded in 1999 by a team of industry-recognized security experts with the aim of producing a truly effective security offering where complete end-to-end security was the initial, key design consideration rather than applied as an afterthought. Today, over 200 Global 1000 companies rely on Cyber-Ark Software's digital vault solutions for managing, sharing and securing highly-sensitive information both within their organization and with their partners, vendors and customers. Cyber-Ark Software is privately held and backed by some of the world's most successful venture capitalists, including Jerusalem Venture Partners, Seed Capital Partners (a SOFTBANK Affiliate), JP Morgan/Chase Partners and Vertex Management.

The company is located in Dedham, Mass. and on the World Wide Web at www.cyber-ark.com

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