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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.

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CyberArk reports strong financial results for Q1 2023, with subscription revenue of $92.7 million and total revenue of $161.7 million. The company raises its full-year ARR guidance to $735 million to $745 million.
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CyberArk (NASDAQ: CYBR) announced it will report its first quarter 2023 financial results on May 11, 2023, before U.S. markets open. A conference call will take place that day at 8:00 a.m. ET to discuss financial results and business outlook. Investors can access the call by dialing +1 (888) 330-2455 in the U.S. or +1 (240) 789-2717 internationally. The conference ID is 6515982. A replay will be available for one week after the call.

CyberArk, the leader in Identity Security, provides advanced security solutions for human and machine identities across various platforms. The company focuses on privileged access management, helping organizations protect their critical assets.

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CyberArk (NASDAQ: CYBR) has successfully completed its Service Organization Control (SOC) 2 Type 2 and SOC 3 certifications, confirming its high security standards for its Identity Security platform. This includes expanded SOC 2 compliance for CyberArk Secure Web Sessions. The platform provides intelligent controls and continuous threat detection across the identity lifecycle, enabling Zero Trust and least privilege access. The certifications, conducted by A-LIGN Assurance, demonstrate CyberArk's commitment to security and compliance, ensuring the safeguarding of customer data.

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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 $319.73 as of November 22, 2024.

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

The market cap of CyberArk Software Ltd. (CYBR) is approximately 14.2B.

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.

CyberArk Software Ltd.

Nasdaq:CYBR

CYBR Rankings

CYBR Stock Data

14.16B
41.12M
0.03%
105.09%
3.18%
Software - Infrastructure
Technology
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United States of America
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