Cyber-Ark Unveils Significant Enhancements to Enterprise Password Vault(TM).

Version 4.1 Introduces Industry's First Auto-Detection Capability, Providing Dramatic Improvements for Customers Managing Windows Administrator Passwords

NEWTON, 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 significant enhancements to its award-winning Enterprise Password Vault[TM] that provide dramatic improvements in efficiency, compliance and flexibility.

The latest version, Enterprise Password Vault 4.1, proposes a compelling proposition for Local Administrator password management in a Microsoft desktop environment with not only the industry's first auto-detection capability for Windows machines, but out-of-the-box support for managing Windows local Administrator accounts, as well as enhanced workflow support for improving compliance with enterprise policies and more.

Using Enterprise Password Vault, customers can effectively secure, manage, update and control privileged user accounts, including generic accounts like Administrator on Windows platforms, root on Unix systems, Cisco Enable, DBA (database administrator) passwords and hard-coded passwords that are found in applications and scripts throughout an enterprise.

Building on top of the robust foundations and success of previous Enterprise Password Vault releases, key new features of Enterprise Password Vault 4.1 include:

* Auto-Detection for Windows Machines

Version 4.1 introduces the industry's first auto-detection capability, providing dramatic improvements for customers managing Windows Administrator passwords. This allows organizations to transparently populate the Vault with details of all Windows machines in the domain. The synchronization process ensures that changes, such as machines joining or being removed from the domain, are captured and automatically reflected in the Password Vault. The auto-detection capability dramatically reduces implementation and setup time and provides unparalleled automation for reduced management overhead.

* Exclusive One-Time Passwords 

Auditing and control standards often require a password that is released to a user to be locked and unavailable to other users. This makes each password a true one-time password instance and ensures an exclusive usage of the privileged account. A one-time password allows guaranteed accountability between a privileged session and the person behind it, thus solving auditing and monitoring requirements.

* Password Check-In

A complementary solution to making passwords exclusive is the ability for users to explicitly "check-in" (or "release") a password once they have finished using it. By checking in the password, compliance workflows can accurately show who used a privileged password at any given time and help provide a proven audit trail for monitoring and accountability.

* Flexible Password Change Error Management

The ability for flexible password change error management is very important to ensure reliability and transparency. Version 4.1 introduces flexible settings that improve the automation of password change processes and limit human intervention in the error recovery process. This is especially valuable when managing desktops and laptops which are, by definition, loosely connected machines and often disconnected from the network.

"More than 120 businesses around the globe rely on Enterprise Password Vault to automate and manage privileged user passwords with ease," said Udi Mokady, Founder and CEO of Cyber-Ark Software. "With the release of version 4.1, we've made it even easier for our customers to gain control of these critical IT assets as well as dramatically reduce implementation costs and management overhead."

Availability

The Enterprise Password Vault 4.1 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 its patented Vaulting Technology[R], Cyber-Ark's digital vault products include: The Inter-Business Vault[R], a secure infrastructure for cross-enterprise data exchange of highly-sensitive information; the Sensitive Document Vault[TM], for secure storage and management of highly-sensitive documents, and the Enterprise Password Vault[TM], 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 250 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 Newton, Mass. and on the World Wide Web at www.cyber-ark.com

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