DPD Czech Reduces Third-Party Access Risk in Record Time With CyberArk

Rhea-AI Summary

CyberArk announced that DPD Czech, a leading European delivery company, has implemented the CyberArk Identity Security Platform to enhance its cybersecurity capabilities. The implementation, completed in partnership with system integrator AMI Praha, aims to secure IT access, meet audit requirements, and comply with regulations like NIS2.

Key points:

• DPD Czech deployed multiple components of CyberArk's SaaS-based platform in just two months using the CyberArk Jump Start program
• The solution provides one-click access to all systems and services for users
• It offers improved visibility, functionality, and protection for DPD's growing number of human and machine identities
• The implementation helps DPD mitigate identity-centric risks and innovate with confidence

Positive

• Rapid implementation of CyberArk Identity Security Platform in just two months
• Enhanced cybersecurity capabilities and compliance with audit requirements
• Improved visibility and control over IT environment, especially Linux servers
• Streamlined access for external vendors to systems securely

Negative

• None.

Tech Expert

DPD Czech's implementation of CyberArk's Identity Security Platform marks a significant step in bolstering cybersecurity for the logistics industry. This move addresses critical vulnerabilities in third-party access and privileged user management, which have been common attack vectors in recent high-profile breaches.

The rapid two-month deployment using CyberArk's Jump Start program is particularly noteworthy. In an industry where downtime can lead to substantial financial losses, the ability to implement robust security measures with minimal disruption is crucial. This swift implementation also suggests that other companies in the sector could potentially follow suit, leading to a broader strengthening of cybersecurity practices in logistics.

One of the most intriguing aspects is the platform's ability to offer one-click access to all systems and services. This feature, combined with the single administration console, addresses a common pain point in cybersecurity: the trade-off between security and usability. By streamlining access while maintaining tight controls, DPD Czech may see improved productivity alongside enhanced security.

The mention of compliance with NIS2 regulations is particularly relevant for investors. As cybersecurity regulations tighten globally, companies that proactively adopt compliant solutions may avoid future penalties and gain a competitive edge. This could translate to lower operational risks and potentially higher valuations in the long term.

Market Research Analyst

DPD Czech's adoption of CyberArk's solution reflects a broader trend in the logistics sector towards prioritizing cybersecurity. This move is likely to have ripple effects across the industry, potentially driving up demand for advanced identity security solutions.

The logistics industry, with its complex network of partners and vendors, is particularly vulnerable to cyber threats. DPD's focus on securing third-party access could set a new standard for the industry. We might see a domino effect where other logistics companies follow suit to remain competitive and secure.

Investors should note that this implementation addresses a critical pain point in the industry - the need for robust security that doesn't impede operations. The fact that DPD was able to implement the solution with minimal disruption to users is a strong selling point that could accelerate adoption across the sector.

Moreover, the mention of doubling human and machine identities year-on-year at DPD highlights the rapid digital transformation in logistics. This trend is likely to continue, potentially expanding the market for identity security solutions in this sector.

For CyberArk, this high-profile implementation in a critical infrastructure sector could open doors to more contracts in logistics and adjacent industries. Investors might want to watch for similar announcements in the coming months as indicators of CyberArk's growing market share in this vertical.

Leading European delivery company secures IT access and meets complex security audit requirements in partnership with AMI Praha

NEWTON, Mass. & PETACH TIKVA, Israel--(BUSINESS WIRE)-- CyberArk (NASDAQ: CYBR), the identity security company, today announced that DPD Czech has implemented the CyberArk Identity Security Platform to lock down privileged and sensitive access and provide users with one-click access to all systems and services. In partnership with system integrator AMI Praha, the project also helped the organization meet audit and regulatory requirements, including NIS2.

DPD Czech is part of Geopost, the largest parcel transport network in Europe and the leading delivery company in the Czech Republic. It has 1,800 couriers and a network of more than 4,400 pickup points and self-service boxes. DPD’s initiative to strengthen its cybersecurity capabilities was prompted in part by peer organizations suffering security breaches, as well as by new internal and external security rules and regulations.

“We needed to know exactly what was happening in our IT environment because there were some blind spots,” said Vladimír Püschner, Project Innovation Director/CEE Lead for IT at DPD Czech. “We wanted to know what administrators were doing on our servers, especially our Linux servers. We needed to lock all the doors in the DPD house. CyberArk’s range of features and the fact that it has a single administration console were amongst the deciding factors for us. We needed to offer the best and least disruptive solution - because if anything hinders my IT people, they will find a way around it.”

Centered on intelligent privilege controls, the CyberArk Identity Security Platform secures human and machine identities and flexibly automates the identity lifecycle. Multiple components of CyberArk’s comprehensive SaaS-based platform were deployed by DPD in just two months using the CyberArk Jump Start program, accelerating time-to-value and meeting the goal of complying with Geopost’s audit. Users experienced minimal disruption both during and after implementation, with DPD able to offer a re-imagined, friction-free approach for external vendors to access systems securely.

“We were looking for the most thorough solution with a quick implementation time that had a proven track record as the leading platform,” said AMI Praha’s Sales Director, Petr Medřický. “The CyberArk Identity Security Platform really improved DPD’s security stance. It was the perfect strategic fit for DPD and brings them a much higher level of visibility, functionality and protection.”

“Human and machine identities at DPD are doubling year-on-year and present clear risks to security if steps to manage and protect them aren’t taken,” said Chezki Gil, area VP sales, East Europe at CyberArk. “Global transportation and logistics organizations can be considered critical infrastructure and are prime targets for cyberattackers. We are delighted that DPD selected CyberArk to help mitigate their identity-centric risk, allowing them to innovate with confidence and maximize the benefits of their cloud-based services.”

To learn more about DPD Czech’s story, visit https://www.cyberark.com/customer-stories/dpd/

About CyberArk

CyberArk (NASDAQ: CYBR) is the global leader in identity security. Centered on intelligent privilege controls, CyberArk provides the most comprehensive security offering for any identity – human or machine – across business applications, distributed workforces, hybrid cloud environments and throughout the DevOps lifecycle. The world’s leading organizations trust CyberArk to help secure their most critical assets. To learn more about CyberArk, visit https://www.cyberark.com, read the CyberArk blogs or follow on LinkedIn, X, Facebook or YouTube.

Copyright © 2024 CyberArk Software. All Rights Reserved. All other brand names, product names, or trademarks belong to their respective holders.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240725949393/en/

Investor Relations:

Srinivas Anantha, CFA

CyberArk

617-558-2132

ir@cyberark.com



Media:

Nick Bowman

CyberArk

+44 (0) 7841 673378

press@cyberark.com

Source: CyberArk

FAQ

What cybersecurity solution did DPD Czech implement and why?

DPD Czech implemented the CyberArk Identity Security Platform to enhance its cybersecurity capabilities, secure IT access, and meet complex security audit requirements, including NIS2 compliance.

How long did it take DPD Czech to deploy CyberArk's solution?

DPD Czech deployed multiple components of CyberArk's SaaS-based platform in just two months using the CyberArk Jump Start program.

What benefits did DPD Czech gain from implementing CyberArk's solution?

DPD Czech gained improved visibility and control over its IT environment, enhanced protection for human and machine identities, streamlined secure access for external vendors, and compliance with audit requirements.

How does the CyberArk Identity Security Platform help mitigate risks for DPD Czech?

The platform helps mitigate identity-centric risks by securing human and machine identities, providing intelligent privilege controls, and automating the identity lifecycle, allowing DPD Czech to innovate with confidence.