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CyberArk Software Ltd. - CYBR STOCK NEWS

Welcome to our dedicated page for CyberArk Software Ltd. news (Ticker: CYBR), a resource for investors and traders seeking the latest updates and insights on CyberArk Software Ltd. stock.

CyberArk Software Ltd. (NASDAQ: CYBR) is a leading information technology security company specializing in protecting the heart of the enterprise from targeted cyber threats. For over a decade, CyberArk has been at the forefront of enterprise security, focusing on safeguarding privileged accounts, credentials, and secrets from malicious attacks.

CyberArk’s comprehensive suite of products includes Privileged Access Manager, Vendor Privileged Access Manager, Privileged Session Manager (PSM), Enterprise Password Vault (EPV), PrivateArk, and Privilege Cloud. These solutions are designed to prevent attackers from escalating their access and causing irreparable business harm.

The company is trusted by the world's leading organizations, including 40% of the Fortune 100, to protect their most valuable information assets, infrastructure, and applications. CyberArk has a strong presence across the globe, with significant revenue generated from the United States and notable operations in Europe, the Middle East, Africa, and other regions.

Recently, CyberArk has achieved several milestones, including expanding its product portfolio and forging strategic partnerships to enhance its security offerings. These initiatives underscore the company’s commitment to innovation and leadership in the cybersecurity landscape.

In an era where cyber threats are increasingly sophisticated and regulatory demands for stronger protection of privileged accounts are on the rise, CyberArk’s solutions are more relevant and critical than ever. The company’s mission is clear: to stop attacks before they can halt business operations and to help organizations stay ahead of potential threats.

News

CyberArk Elevates Passwordless Experience with New Passkeys Authentication

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CyberArk (CYBR) introduces passkeys for passwordless authentication, providing strong protection against identity theft and account takeover. The addition of passkeys reduces the attack surface and minimizes credential theft, offering phishing-resistant, FIDO2-compliant credentials. CyberArk Identity also supports YubiKey One Time Passcode (OTP) for secure authentication to any application protected by CyberArk Identity. CyberArk was named an Overall Leader in the KuppingerCole Analysts AG 'Leadership Compass: Passwordless Authentication' report.
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CyberArk Joins the Microsoft Security Copilot Partner Private Preview

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CyberArk (NASDAQ: CYBR) announced its participation in the Microsoft Security Copilot Partner Private Preview, showcasing its commitment to AI innovation and collaboration with Microsoft. The Security Copilot program aims to empower organizations to defend at machine speed and leverage AI to improve defensive strategies. CyberArk's involvement includes shaping Security Copilot product development, providing feedback on scenarios and APIs, and further integrating AI into the CyberArk Identity Security Platform.
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CyberArk Appoints Mary Yang to its Board of Directors

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CyberArk (NASDAQ: CYBR) announced the appointment of Mary Yang, a seasoned technology executive with extensive experience in strategy, corporate development, and global M&A activity, to its board of directors. Yang's impressive background in cybersecurity, networking, and energy companies makes her a valuable addition to CyberArk's leadership. With this new appointment, current board member David Schaeffer will step down.
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CyberArk to Present at Upcoming Investor Conferences

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CyberArk (NASDAQ: CYBR) announced its participation in two upcoming investor conferences, including the 4th Annual Needham Virtual Tech Week and the Wells Fargo 7th Annual TMT Summit. The presentations will be webcast live and archived on the company's investor relations website.
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Glasgow Caledonian University Selects CyberArk to Reduce Identity Security Risk for Thousands of Staff and Students

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Glasgow Caledonian University (GCU) has chosen CyberArk's Identity Security Platform to enhance its identity and access management programs. The platform will improve security for the university's 27,000 staff and students and protect against cyberattacks and credential theft. The CyberArk platform offers privileged access management, access management capabilities, and additional identity security features. It will enable GCU to implement adaptive multi-factor authentication, secure application passwords, prevent data exfiltration, and improve user risk management and compliance. CyberArk aims to help GCU construct a comprehensive identity security program.
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CyberArk Announces Strong Third Quarter 2023 Results

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CyberArk, the identity security company, exceeded expectations in Q3 with a subscription portion of Annual Recurring Revenue (ARR) of $504 million, a growth of 68% YoY. Total ARR reached $705 million, a growth of 38% YoY. Subscription revenue in Q3 was $122.9 million, a growth of 65% YoY. The company also raised its full-year ARR guidance to a range of $758 million to $768 million.
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CyberArk Launches New Capabilities for Securing Access to Cloud Workloads and Services as Part of Its Identity Security Platform

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CyberArk announces new capabilities for securing access to cloud services and modern infrastructure
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CyberArk Named a Privileged Identity Management Leader by Independent Research Firm

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CyberArk named Leader in Privileged Identity Management by Forrester
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CyberArk to Announce Third Quarter 2023 Financial Results on November 2

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CyberArk to report Q3 2023 financial results on November 2, 2023
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CyberArk Collaborates with Accenture to Deliver Advanced Privileged Access Management Solutions for Clients

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Accenture expands its deployment of CyberArk Privilege Cloud in its cyber defense strategy, benefiting from the same level of cybersecurity it delivers to clients. CyberArk enables Accenture to securely store, rotate, and isolate credentials. With the CyberArk Identity Security Platform, organizations can enable Zero Trust and least privilege with complete visibility.
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FAQ

What is the current stock price of CyberArk Software Ltd. (CYBR)?

The current stock price of CyberArk Software Ltd. (CYBR) is $320.61 as of December 24, 2024.

What is the market cap of CyberArk Software Ltd. (CYBR)?

The market cap of CyberArk Software Ltd. (CYBR) is approximately 15.8B.

What is CyberArk Software Ltd.?

CyberArk Software Ltd. is a leading cybersecurity company that protects privileged accounts, credentials, and secrets against targeted cyber threats.

What products does CyberArk offer?

CyberArk offers a range of security solutions including Privileged Access Manager, Vendor Privileged Access Manager, Privileged Session Manager, Enterprise Password Vault, PrivateArk, and Privilege Cloud.

Who uses CyberArk's solutions?

CyberArk’s solutions are trusted by the world's leading companies, including 40% of the Fortune 100, to protect their highest-value information assets, infrastructure, and applications.

How long has CyberArk been in the cybersecurity market?

CyberArk has been leading the market in securing enterprises against cyber attacks for over a decade.

Where does CyberArk generate most of its revenue?

CyberArk generates maximum revenue from the United States but also has a significant presence in Europe, the Middle East, Africa, and other regions.

What is CyberArk’s main focus in terms of cybersecurity?

CyberArk focuses on stopping cyber attacks that exploit insider privileges and target the heart of the enterprise.

Why are CyberArk’s solutions essential for enterprises?

CyberArk’s solutions are essential because they help prevent attack escalation and irreparable business harm, especially as regulators demand stronger protection for privileged accounts.

What recent achievements has CyberArk made?

CyberArk has recently expanded its product portfolio and formed strategic partnerships to enhance its cybersecurity offerings.

What industries benefit from CyberArk's cybersecurity solutions?

While CyberArk's solutions are used across various industries, they are particularly crucial for large enterprises and organizations with critical infrastructure and valuable information assets.

How does CyberArk stay ahead of cyber threats?

CyberArk stays ahead of threats by continuously innovating its security solutions to detect and prevent attacks before they can disrupt business operations.

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CyberArk Software Ltd.

Nasdaq:CYBR

CYBR Rankings

#641 Ranked by Market Cap
N/A Ranked by Dividends

CYBR Stock Data

15.80B
46.84M
0.03%
104.35%
2.93%
Software - Infrastructure
Technology
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United States of America
Petah Tikva