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CyberArk Launches AI-Powered Service to Remove Excessive Cloud Permissions

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CyberArk (NASDAQ: CYBR) has launched the Cloud Entitlements Manager, a groundbreaking AI-powered tool designed for enhancing security in cloud environments. This service actively monitors cloud access, ensuring least privilege access by identifying and eliminating excessive permissions. The Cloud Entitlements Manager addresses the growing concerns around over-permissioned accounts, a common vulnerability in cloud services. It can be configured in under an hour, providing quick assessments and operational efficiencies for organizations, thereby transforming cloud security management.

Positive
  • Launch of the Cloud Entitlements Manager enhances CyberArk's position in the privileged access management market.
  • The service can be configured in under an hour, offering quick assessments and granulating remediations.
  • Addresses the critical issue of excessive cloud permissions, improving overall security and visibility.
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  • None.

NEWTON, Mass. & PETACH TIKVA, Israel--()--CyberArk (NASDAQ: CYBR), the global leader in privileged access management, today announced CyberArk Cloud Entitlements Manager, the industry’s first privilege-based, artificial intelligence-powered service designed to strengthen the security of cloud environments. Through continuous monitoring of cloud access, CyberArk enforces least privilege by identifying and removing excessive cloud permissions that can leave organizations vulnerable – significantly reducing risk and improving overall visibility and security.

According to a recent ESG survey, over-permissioned accounts and roles is the top-cited cloud service misconfiguration detected and overly permissive privileges is the most commonly cited type of cybersecurity attack against cloud applications and services experienced over the last 12 months.1 As organizations rapidly scale cloud deployments and adopt advanced services to digitally transform their business, the creation of human, application and machine identities is accelerating. Access permissions for these identities are often granted by default, based on group or role, and can go unused or have more entitlements than they actually need.

CyberArk Cloud Entitlements Manager is a key component of CyberArk’s Identity Security strategy that starts with Zero Trust and uses artificial intelligence to understand context and intent in order to properly assess risk and take appropriate actions. Because all identities can become privileged under certain conditions, traditional approaches to managing and securing identities have become obsolete. This is especially true in the cloud where identities and their permissions are constantly being added or changed. It’s critical for organizations to have a consistent strategy for protecting access by a range of human, application and machine identities, and the services they consume.

“Cloud adoption has massively accelerated, but as new environments and cloud services are deployed, thousands of identity-based permissions are created – many of which go overlooked,” said Chen Bitan, chief product officer, CyberArk. “If not properly configured or managed, these identities create a pathway for attackers to gain privileged access and ultimately compromise an entire cloud environment. CyberArk Cloud Entitlements Manager helps organizations take back control of cloud security by transforming how these permissions are secured and managed while also delivering unprecedented time to value and operational efficiency.”

In under an hour, CyberArk Cloud Entitlements Manager can be configured, provide an assessment of exposure levels and deploy granular remediations – quickly delivering exceptional customer value. The cloud agnostic service continuously detects hidden, misconfigured and unused cloud permissions – improving security by providing a consistent approach to cloud least privilege. For cloud, security and Identity and Access Management teams, the service drives increased productivity with a simple, intuitive user experience that includes a centralized dashboard with a single view of permissions across Amazon Web Services (AWS), including Amazon Elastic Kubernetes Service (Amazon EKS), Google Cloud Platform (GCP) and Microsoft Azure environments.

As part of CyberArk’s growing SaaS portfolio, which also includes Idaptive, Alero, Privilege Cloud and Endpoint Privilege Manager, Cloud Entitlements Manager builds on the company’s industry leading privileged access management and IDaaS capabilities to provide unmatched enterprise wide security intelligence by helping to and reduce the growing risk of cloud permission sprawl while offering incomparable operational simplicity.

To learn more about CyberArk Cloud Entitlements Manager join us on November 9 for the kick off of our global virtual launch event and register for a free trial.

Additional Resources:

1- ESG eBook, “Trends in IAM: Cloud-driven Identities”, October 2020

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.

Copyright © 2020 CyberArk Software. All Rights Reserved. All other brand names, product names, or trademarks belong to their respective holders.

Contacts

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

Alison Parker, CyberArk
Phone: +1-617-663-0162
Email: press@cyberark.com

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

FAQ

What is the CyberArk Cloud Entitlements Manager?

The CyberArk Cloud Entitlements Manager is an AI-powered service designed to improve security in cloud environments by managing and monitoring cloud access permissions.

How does the Cloud Entitlements Manager improve cloud security?

It enforces least privilege access by identifying and removing excessive permissions that can expose organizations to risk.

How quickly can the Cloud Entitlements Manager be configured?

The Cloud Entitlements Manager can be configured in under an hour.

What market need does the Cloud Entitlements Manager address?

It addresses the critical issue of over-permissioned accounts, which are a leading cause of vulnerabilities in cloud services.

What is the significance of the launch date for CyberArk’s Cloud Entitlements Manager?

The Cloud Entitlements Manager was launched on November 9, 2020, marking a significant advancement in CyberArk's Identity Security strategy.

CyberArk Software Ltd.

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