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SAP Enterprise Cloud Services Selects CyberArk to Safeguard the World’s Largest Organizations

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CyberArk (NASDAQ: CYBR) announced that SAP Enterprise Cloud Services (ECS) will implement CyberArk's Identity Security Platform to secure privileged and sensitive access to their cloud services. SAP ECS, the world's largest private cloud, runs core operations for over 6,000 major organizations globally. The implementation includes CyberArk Secure Cloud Access, enforcing zero standing privileges for all sessions related to cloud consoles, applications, and database access.

This partnership aims to enhance cyber resilience and protect client data by eliminating default entitlements and always-on access. Roland Costea, CISO at SAP ECS, emphasized the goal of building next-generation identity security to provide the highest level of protection for their global customer base. CyberArk's CEO, Matt Cohen, highlighted the importance of securing every identity with appropriate privilege controls in response to the rise in identity-based attacks.

CyberArk (NASDAQ: CYBR) ha annunciato che SAP Enterprise Cloud Services (ECS) implementerà la Piattaforma di Sicurezza delle Identità di CyberArk per proteggere l'accesso privilegiato e sensibile ai loro servizi cloud. SAP ECS, il più grande cloud privato al mondo, gestisce le operazioni principali di oltre 6.000 organizzazioni importanti a livello globale. L'implementazione include CyberArk Secure Cloud Access, che impone zero privilegi permanenti per tutte le sessioni relative a console cloud, applicazioni e accesso ai database.

Questa partnership mira a potenziare la resilienza informatica e a proteggere i dati dei clienti eliminando le autorizzazioni di default e l'accesso sempre attivo. Roland Costea, CISO di SAP ECS, ha sottolineato l'obiettivo di costruire una sicurezza delle identità di nuova generazione per fornire il massimo livello di protezione alla loro clientela globale. Matt Cohen, CEO di CyberArk, ha evidenziato l'importanza di garantire che ogni identità sia protetta con i controlli di privilegio appropriati in risposta all'aumento degli attacchi basati sull'identità.

CyberArk (NASDAQ: CYBR) anunció que SAP Enterprise Cloud Services (ECS) implementará la Plataforma de Seguridad de Identidad de CyberArk para asegurar el acceso privilegiado y sensible a sus servicios en la nube. SAP ECS, la nube privada más grande del mundo, gestiona las operaciones principales de más de 6,000 organizaciones importantes a nivel global. La implementación incluye CyberArk Secure Cloud Access, que impone cero privilegios permanentes para todas las sesiones relacionadas con consolas en la nube, aplicaciones y acceso a bases de datos.

Esta asociación tiene como objetivo mejorar la resiliencia cibernética y proteger los datos de los clientes mediante la eliminación de derechos predeterminados y acceso siempre activo. Roland Costea, CISO de SAP ECS, enfatizó la meta de construir una seguridad de identidad de próxima generación para proporcionar el más alto nivel de protección a su base de clientes global. Matt Cohen, CEO de CyberArk, destacó la importancia de asegurar cada identidad con los controles de privilegio apropiados en respuesta al aumento de ataques basados en identidad.

CyberArk (NASDAQ: CYBR)는 SAP 엔터프라이즈 클라우드 서비스(ECS)가 CyberArk의 아이덴티티 보안 플랫폼을 구현하여 클라우드 서비스에 대한 특권 및 민감한 접근을 보호할 것이라고 발표했습니다. 세계 최대의 민간 클라우드인 SAP ECS는 전 세계 6,000개 주요 조직의 핵심 운영을 수행하고 있습니다. 구현에는 클라우드 콘솔, 애플리케이션 및 데이터베이스 접근과 관련된 모든 세션에 대해 제로 권한을 적용하는 CyberArk Secure Cloud Access가 포함됩니다.

이번 파트너십은 기본 권한을 제거하고 항상 활성화된 접근을 차단하여 사이버 강 resilience를 높이고 고객 데이터를 보호하는 것을 목표로 합니다. Roland Costea, SAP ECS의 CISO는 전 세계 고객에게 최고의 보호 수준을 제공하기 위한 차세대 아이덴티티 보안을 구축하는 목표를 강조했습니다. CyberArk의 CEO인 Matt Cohen은 아이덴티티 기반 공격의 증가에 대응하여 적절한 권한 통제로 모든 아이덴티티를 보호하는 것의 중요성을 강조했습니다.

CyberArk (NASDAQ: CYBR) a annoncé que les services de cloud d'entreprise SAP (ECS) mettraient en œuvre la plateforme de sécurité des identités de CyberArk pour sécuriser l'accès privilégié et sensible à leurs services cloud. SAP ECS, le plus grand cloud privé au monde, gère les opérations clés de plus de 6 000 grandes organisations à l'échelle mondiale. La mise en œuvre comprend CyberArk Secure Cloud Access, qui impose des privilèges permanents nuls pour toutes les sessions liées aux consoles cloud, applications et accès aux bases de données.

Ce partenariat vise à améliorer la résilience cybernétique et à protéger les données des clients en éliminant les droits par défaut et l'accès toujours actif. Roland Costea, CISO de SAP ECS, a souligné l'objectif de créer une sécurité des identités de nouvelle génération permettant d'offrir le plus haut niveau de protection à leur clientèle mondiale. Matt Cohen, PDG de CyberArk, a souligné l'importance de sécuriser chaque identité avec des contrôles de privilèges appropriés en réponse à la hausse des attaques fondées sur l'identité.

CyberArk (NASDAQ: CYBR) gab bekannt, dass die SAP Enterprise Cloud Services (ECS) die Identity Security Platform von CyberArk implementieren wird, um den privilegierten und sensiblen Zugriff auf ihre Cloud-Dienste abzusichern. SAP ECS, die größte private Cloud der Welt, führt die Kernoperationen von über 6.000 großen Organisationen weltweit aus. Die Implementierung umfasst CyberArk Secure Cloud Access, das null dauerhafte Berechtigungen für alle Sitzungen im Zusammenhang mit Cloud-Konsolen, Anwendungen und Datenbankzugriffen durchsetzt.

Diese Partnerschaft zielt darauf ab, die Cyberresilienz zu verbessern und Kundendaten zu schützen, indem Standardberechtigungen und ständiger Zugriff entfernt werden. Roland Costea, CISO bei SAP ECS, betonte das Ziel, eine next-generation Identitätssicherheit zu schaffen, um den höchsten Schutz für ihre globale Kundenbasis zu gewährleisten. Matt Cohen, CEO von CyberArk, hob die Bedeutung hervor, jede Identität mit angemessenen Berechtigungssteuerungen zu sichern, um auf den Anstieg von identitätsbasierten Angriffen zu reagieren.

Positive
  • Partnership with SAP Enterprise Cloud Services, the world's largest private cloud provider
  • Implementation of CyberArk's Identity Security Platform in a major cloud infrastructure
  • Potential for increased market penetration in large enterprise segment
  • Validation of CyberArk's zero standing privileges approach to security
Negative
  • None.

Insights

SAP ECS's adoption of CyberArk's Identity Security Platform marks a significant shift in cloud security practices. By implementing zero standing privileges, SAP ECS is taking a proactive stance against potential insider threats and external attacks. This move aligns with the principle of least privilege, but goes further by ensuring that no user has default entitlements.

The implementation of just-in-time access is particularly noteworthy. This approach minimizes the attack surface by granting privileges only when needed and for a time. For SAP's clients, this translates to enhanced protection of sensitive data and improved compliance with regulatory standards.

However, the transition may pose initial operational challenges as users adapt to the new access paradigm. The long-term benefits in security posture and risk reduction should outweigh these temporary hurdles.

SAP ECS's decision to implement CyberArk's solutions is a strategic move that could significantly enhance its competitive position in the private cloud market. With over 6,000 large organizations relying on SAP ECS, this security upgrade has far-reaching implications for global business operations.

The flexibility to run on various infrastructures, including hyperscalers and private data centers, while maintaining a unified security approach, is a key differentiator. This could potentially lead to increased customer retention and attraction of security-conscious enterprises.

However, the success of this implementation will largely depend on how seamlessly it integrates with existing workflows. Any disruptions in service or user experience could temporarily impact SAP ECS's operations and client satisfaction. The long-term payoff in enhanced security and compliance should justify any short-term adjustments.

This partnership between CyberArk (NASDAQ: CYBR) and SAP ECS is likely to have positive financial implications for both companies. For CyberArk, securing a contract with the world's largest private cloud provider is a significant win, potentially leading to increased revenue and market share in the identity security sector.

The deal could serve as a powerful reference for CyberArk, possibly accelerating adoption of its zero standing privileges solution among other large enterprises. This could drive future growth and positively impact CyberArk's stock performance.

For SAP, while the financial terms aren't disclosed, the investment in advanced security measures could lead to reduced risk of costly data breaches and potential savings on insurance premiums. It may also attract more security-conscious clients, potentially increasing SAP's cloud services revenue. Investors should monitor for any impact on SAP's cloud revenue growth in upcoming quarterly reports.

NEWTON, Mass. & PETACH TIKVA, Israel--(BUSINESS WIRE)-- CyberArk (NASDAQ: CYBR), the identity security company, today announced that SAP Enterprise Cloud Services (ECS) will implement CyberArk to secure privileged and sensitive access to their cloud services with zero standing privileges, protecting client data and allowing for easier auditing.

SAP ECS is the biggest private cloud in the world. With hundreds of thousands of servers, it runs the core operations of more than 6,000 of the largest organizations worldwide, across all major industries. SAP ECS accelerates and simplifies customers’ business transformation by running their SAP enterprise resource planning (ERP) stack with a world-class level of availability, security and resilience on their preferred cloud infrastructure. This can include ‘hyperscalers’, their own data centers and SAP data centers, enabling customers to become cost-effective, sustainable, intelligent enterprises.

Privileged administrators of cloud services are often targeted by attackers due to their high-level access. To reduce vulnerability, privileged session access and administration rights should be reviewed and revoked on time. A modern approach to securing extended IT users is needed; no user should have any entitlements by default, and they should not have always-on access.

To manage and secure privileged access and increase cyber resilience, SAP ECS’s defensive architecture team will deploy several components of the CyberArk Identity Security Platform, including CyberArk Secure Cloud Access. The project includes enforcing zero standing privileges to all sessions, whether they are related to cloud consoles, applications or database access – all from a single user interface. CyberArk Secure Cloud Access is the only identity security solution on the market with capabilities for zero standing privileges, going well beyond the principle of least privilege, a major component of most security frameworks and regulatory standards.

“My team’s vision for introducing CyberArk to SAP ECS is to build next-generation identity security for the business, providing the highest possible level of protection and reassurance to our global customer base,” said Roland Costea, CISO Enterprise Cloud Services and Executive Vice President at SAP. “I look forward to partnering with CyberArk to enhance our cyber robustness and reinforce ECS’s reputation as the world’s private cloud provider of choice.”

“With identity-based attacks on the rise, a new paradigm is required for identity security – one where every identity is secured with the right level of privilege controls,” said Matt Cohen, Chief Executive Officer, CyberArk. “The team at SAP ECS understands this and has laid out a bold vision for protecting its customers through zero standing privileges and just-in-time access. CyberArk is thrilled to partner with SAP ECS on this important initiative and we are committed to delivering best-in-class identity security solutions to support the evolving needs of its business.”

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.

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 is the significance of SAP ECS selecting CyberArk (CYBR) for its cloud security?

SAP ECS, the world's largest private cloud provider, choosing CyberArk (CYBR) validates CyberArk's security approach and potentially increases its market penetration in the large enterprise segment. This partnership aims to enhance cyber resilience for over 6,000 major organizations globally that use SAP ECS.

How will CyberArk's (CYBR) solution benefit SAP ECS and its customers?

CyberArk's (CYBR) Identity Security Platform, including Secure Cloud Access, will enforce zero standing privileges for all sessions, eliminating default entitlements and always-on access. This approach aims to provide the highest level of protection for SAP ECS's global customer base, enhancing overall cyber robustness.

What specific CyberArk (CYBR) products will SAP ECS implement?

SAP ECS will implement several components of CyberArk's (CYBR) Identity Security Platform, including CyberArk Secure Cloud Access. This solution enforces zero standing privileges for all sessions related to cloud consoles, applications, and database access from a single user interface.

How does CyberArk's (CYBR) approach differ from traditional security methods?

CyberArk's (CYBR) Secure Cloud Access goes beyond the principle of least privilege by enforcing zero standing privileges. This means no user has any entitlements by default or always-on access, providing a higher level of security compared to traditional methods.

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