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Test Detail:
The CyberArk Defender PAM & Sentry certification validates the knowledge and skills required to effectively defend privileged accounts and sensitive information using CyberArk's Privileged Access Management (PAM) and Sentry solutions. The certification program equips professionals with the expertise to implement and manage robust security controls for protecting privileged access within an organization.
Course Outline:
The CyberArk Defender PAM & Sentry course provides participants with comprehensive knowledge and hands-on experience in utilizing CyberArk's PAM and Sentry solutions for privileged access security. The following is a general outline of the key areas covered in the certification program:
1. Introduction to Privileged Access Management (PAM):
- Overview of privileged access and its importance in cybersecurity
- Understanding the CyberArk PAM & Sentry solutions
- Key features and capabilities of CyberArk's PAM & Sentry
2. CyberArk PAM Fundamentals:
- Architecture and components of CyberArk PAM
- User management and authentication mechanisms
- Privileged Session Management (PSM) for secure remote access
- Credential Management and Vaulting
- Managing and monitoring privileged accounts
3. CyberArk Sentry Fundamentals:
- Understanding CyberArk Sentry and its role in securing privileged access
- Implementing secure communication channels with Sentry
- Monitoring and controlling privileged sessions
- Managing and enforcing access control policies
4. CyberArk Defender Best Practices:
- Implementing CyberArk's security controls and workflows
- Configuring secure access and authentication policies
- Utilizing CyberArk's integration with SIEM and other security tools
- Incident response and remediation strategies
- Auditing and compliance reporting using CyberArk
Exam Objectives:
The CyberArk Defender PAM & Sentry certification test assesses candidates' understanding of CyberArk's PAM and Sentry solutions and their ability to apply best practices for securing privileged access. The test objectives include, but are not limited to:
1. Demonstrating knowledge of CyberArk PAM & Sentry fundamentals.
2. Understanding the architecture and components of CyberArk's PAM & Sentry.
3. Configuring and managing privileged accounts and sessions.
4. Applying security controls and best practices for privileged access security.
Syllabus:
The CyberArk Defender PAM & Sentry certification program typically includes instructor-led training and hands-on labs provided by CyberArk or authorized training partners. The syllabus provides a breakdown of the syllabus covered throughout the course, including specific learning objectives and milestones. The syllabus may include the following components:
- Introduction to Privileged Access Management (PAM)
- CyberArk PAM Fundamentals
- CyberArk Sentry Fundamentals
- CyberArk Defender Best Practices
- test Preparation and Practice Tests
- Final CyberArk Defender PAM & Sentry Certification Exam
CyberArk Defender PAM & Sentry CyberArk CyberArk Study Guide
You can obtain 100% marks in the PAM-DEF-SEN test with our PAM-DEF-SEN dumps that contains real test questions and VCE test simulator. You do not need anything else to pass the PAM-DEF-SEN test at very first attempt. Just go through our questions and answers, practice test with our PAM-DEF-SEN VCE test simulator and take the real test.
CyberArc
PAM-DEF-SEN
CyberArk Defender - PAM & Sentry
https://killexams.com/pass4sure/exam-detail/PAM-DEF-SEN Question: 166
What is the proper way to allow the Vault to resolve host names?
A. Define a DNS server
B. Define a WINS server
C. Defining the local hosts file
D. The Vault cannot resolve host names due to security standards Answer: C Question: 167
When working with the CyberArk Disaster Recovery (DR) solution, which services should be running on the DR
Vault?
A. CyberArk Vault Disaster Recovery (DR), PrivateArk Database
B. CyberArk Vault Disaster Recovery
C. CyberArk Vault Disaster Recovery, PrivateArk Database, PrivateArk Server
D. CyberArk Vault Disaster Recovery, PrivateArk Database, CyberArk Event Notification Engine Answer: D Question: 168
A safe was recently created by a user who is a member of the LDAP Vault Administrators group.
Which of the following users does not have access to the newly created safe by default?
A. Master
B. Administrator
C. Auditor
D. Backup Answer: D Question: 169
What is the purpose of the password verify process?
A. To test that CyberArk is storing accurate credentials for accounts.
B. To change the password of an account according to organizationally defined password rules.
C. To allow CyberArk to manage unknown or lost credentials.
D. To generate a new complex password. Answer: A
Explanation:
Reference: https://docs.cyberark.com/Product-Doc/OnlineHelp/PAS/Latest/en/Content/PASIMP/Verifying-
Passwords.htm#:~:text=The%20CPM%20can%20verify%20password,manually%20by%20 an%20authorized%20user. Question: 170
What is the primary purpose of Exclusive Accounts?
A. Reduced risk of credential theft
B. More frequent password changes
C. Non-repudiation (individual accountability)
D. To force a collusion to commit fraud ensuring no single actor may use a password without authorization Answer: C Question: 171
Accounts Discovery allows secure connections to domain controllers.
A. TRU
C. FALSE Answer: A Question: 172
Which parameter controls how often the CPM looks for accounts that need to be changed from recently completed
Dual control requests?
A. HeadStartInterval
B. Interval
C. ImmediateInterval
D. The CPM does not change the password under this circumstance Answer: C Question: 173
To support a fault tolerant and high-availability architecture, the Password Vault Web Access (PVWA) servers must to
be configured to communicate with the Primary Vault and Satellite Vaults.
Which file needs to be changed on the PVWA to enable this setup?
A. Vault.ini
B. dbparm.ini
C. pvwa.ini
D. Satellite.ini Answer: A
Explanation:
Reference: https://docs.cyberark.com/Product-Doc/OnlineHelp/PAS/11.1/en/Content/PAS%20INST/Password-Vault-
Web-Access-Installation.htm Question: 174
The ACME Company has been a CyberArk customer for many years. ACME Management has asked you to perform a
Health Check" review of the CyberArk deployment. During your analysis you discover that the PSM Component
server is fully functional. The RDP SSL certificate is self-signed and the CyberArk Privileged Session Management
Service is running under the Local Service. SSL 3.0 is enabled in the Registry.
A. The PSM Component Server is configured as defined in PAS Installation Guide.
B. The PSM Component Server has been installed correctly but PSM Hardening procedures have not been followed
and must be rebuilt.
C. The PSM Component Server has been installed correctly but PSM Hardening procedures have not been followed.
Hardening procedures must be applied manually to the existing configuration.
D. The PSM Component Server has been installed correctly but PVWA Hardening procedures have not been followed.
Hardening procedures can be applied via the Installation Automation script or manually to the existing configuration. Answer: A Question: 175
Which of the following logs contain information about errors related to PTA?
A. ITAlog.log
B. diamond.log
C. pm_error.log
D. WebApplication.log Answer: B Question: 176
Which combination of safe member permissions will allow End Users to log in to a remote machine transparently but
NOT show or copy the password?
A. Use Accounts, Retrieve Accounts, List Accounts
B. Use Accounts, List Accounts
C. Use Accounts
D. List Accounts, Retrieve Accounts Answer: D Question: 177
tsparm.ini is the main configuration file for the vault.
A. TRUE
B. FALSE Answer: B Question: 178
Is it possible to modify the CyberArk Vault Audit Log?
A. Yes, a Vault administrator can modify the Audit log
B. No, the audit trail is tamper proof and cannot be edited, not even by Master
C. Yes, but only the Master user can modify the Audit log
D. Yes, a Vault administrator can edit the Audit log but only with explicit permission from CyberArk Answer: B Question: 179
Which of the following PTA detections are included in the Core PAS offering? (Choose all that apply.)
A. Suspected Credential Theft
B. Over-Pass-The-Hash
C. Golden Ticket
D. Unmanaged Privileged Access Answer: A,B Question: 180
Multiple PVWA servers provide automatic load balancing.
A. TRUE
B. FALSE Answer: B
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https://killexams.com/exam_list/CyberArkCyberArk Doubles Down On Training With Partner Program Updates
CyberArk’s 400 channel partners have been sorted into the authorized, certified and advanced tiers based solely on the number of certified employees they have in sales, pre-sales and delivery engineering.
CyberArk has revised its partner program tiers to focus solely on certifications and unveiled new training modules to help solution providers deliver pre-sales support.
The Newton, Mass.-based privileged account management vendor said the company's 400 channel partners have been sorted into the authorized, certified and advanced tiers based solely on the number of trained employees they have, according to Scott Whitehouse, VP of channels and alliances. CyberArk previously considered both certifications and sales volume when determining tier assignments, he said.
"The market opportunity has grown so aggressively for privileged account security," Whitehouse told CRN exclusively.
Authorized partners need only to have a signed contract with CyberArk, and gain access to aggressive discounts as well as the necessary personnel for a solution provider to get started. Certified partners must have two certified sales professionals and two certified pre-sales engineers, and in return receive an assigned account manager, access to demo environments, and product licenses for internal use.
Advanced partners, meanwhile, must have five certified sales professionals, five certified pre-sales engineers, and five certified delivery professionals, and in return have access to CyberArk's product management, technical support, and customer success team to provide assistance during the implementation process, Whitehouse said. CyberArk isn't disclosing how many partners are at each tier.
"This is a unique program," Whitehouse said. "It rewards partners that collaborate with us."
All CyberArk partners in North America are eligible for a 15 percent base discount, a 15 percent deal registration discount, and a 10 percent new logo discount regardless of which tier they fall into, Whitehouse said. CyberArk previously offered more discounting to top-tier partners, and didn't have as well-defined of deal registration incentives, according to Whitehouse.
CyberArk recently enhanced its certified pre-sales engineer certification to address newer features and functionality in the company's product, Whitehouse said. The company has also updated its certified deliver engineer certification to provide privileged access security in emerging fields like robotic process automation, DevOps security management, endpoint security, and digital transformation, he said.
From a marketing standpoint, Whitehouse said the company is building out campaigns that partners will be able to use to highlight CyberArk's competency in these up-and-coming areas. The roadmap is focused on demonstrating to solution providers how they can get involved with digital or in-person marketing campaigns, as well as marketing events, according to Whitehouse.
Just over 65 percent of CyberArk's business flows through the channel today, Whitehouse said, with pretty much all of the company's newer customers embracing an indirect sales motion regardless of their size. CyberArk's direct accounts are typically either legacy or strategic customers, according to Whitehouse.
Accudata Systems has worked closely with CyberArk since the start of 2017, and has seen their business with the company grow three-fold over the past year thanks to the variety of use cases addressed by the company's privileged identity tools and more opportunity to deploy CyberArk in the mid-market, said Brian DiPaolo, CTO of the Houston-based company, No. 205 on the 2019 CRN Solution Provider 500.
"Our business with CyberArk is growing substantially, and our services capability is much better," DiPaolo said.
DiPaolo praised CyberArk for implementing more robust deal registration protections and ensuring that partners that recruit new customers can consistently expect to receive best-in-class margins. He also credited the company for making their training more rigorous and time-consuming so that new employees who finished the modules don't have any gaps in their knowledge.
"It's been incredibly powerful," DiPaolo said. "When we come out of the training process, employees can actually deploy and service the product for our customers."
Tue, 16 Jul 2019 00:30:00 -0500text/htmlhttps://www.crn.com/news/security/cyberark-doubles-down-on-training-with-partner-program-updatesCyberArk Launches New $30M Fund To Invest In Startups
Channel partners could benefit in the long-run with access to ‘disruptive’ technologies, company says.
CyberArk has created its own in-house venture capital unit to invest in ‘disruptive’ startups working on cutting-edge security technologies that might be shared one day with channel partners.
CyberArk, the publicly traded privilged access mangement vendor, said its new CyberArk Ventures is a $30 million global investment fund whose money comes entirely from CyberArk’s own operating budget.
CyberArk Ventures will not be a free-standing subsidiary of its parent company, but rather an in-house unit focusing on investing on promising new technologies developed by startups, said Clarence Hinton, chief strategy officer at CyberArk. Hinton will be overseeing the venture unit as part of his overall duties.
CyberArk Ventures announced on Thursday that it has already invested in three Israel-based firms – Dig Security, developer of threat protection solutions for data in the public cloud; Enso Security, developer of application security posture management; and Zero Networks, a provider of identity-based microsegmentation.
“With those three (investments), we’ve gotten off to a nice start,” said Hinton in an interview with CRN.
Moving forward, the goal is to invest in “disruptive” security technologies that go beyond CyberArk’s current primary focus on identity-security, said Hinton. “The security problem is just so massive,” said Hinton of the numerous areas of security that need addressing industrywide.
Though CyberArk Ventures is funded entirely via the parent corporation’s own money, the new unit will be collaborating closely with well-known investors such as Venrock, YL Ventures, Team8 Capital and Merlin Ventures.
The investors will share information on promising young firms and occasionally make joint investments together in companies, Hinton said.
“As singular cybersecurity investors ourselves, our collaborative relationship with CyberArk comes naturally,” said Ofer Schreiber, a partner at YL Ventures, in astatement. “We both have extensive experience with guiding cybersecurity innovators with go-to-market in their startup journey and helping them grow into tomorrow’s global industry leaders.”
With its early investments in startups, CyberArk is clearly trying to get inside access to promising new technologies down the road. The company said it’s actively looking to invest in “disruptors” who come up with cutting-edge security products.
For CyberArk’s channel partners, Hinton said they could benefit in the long-run from new security products they can offer customers, thus strengthening their channel positions in the market.
Currently, about 30 percent of CyberArk’s business is through direct sales and 70 percent via indirect sales, a spokeswoman said.
In a statement, Udi Mokady, founder, chairman and CEO of CyberArk, said the venture unit’s first three investments represent an “exciting opportunity to support the next wave of cybersecurity innovators and nurture an expanded ecosystem of trail blazers.”
“We’re seeking innovative security start-ups that are solving difficult problems for their customers,” said Mokady, whose company has its main offices in Newton, Mass. and Petach Tikva, Israel.
CyberArk’s announcement about its new venture fund came on a busy day for the company, which announced its first quarter financials on Thursday morning.
For the first quarter, CyberArk’s revenue hit $127.6 million, up 13 percent compared to the first quarter of 2021. Though that figure was below some estimates, CyberArk has still topped consensus revenue estimates in three of its past four quarters.
Wall Street appeared to like what it saw on Thursday morning.
After release of CyberArk’s first quarter numbers, its shares shot up by 15 percent in late morning trading, hovering around $122 a share.
Thu, 12 May 2022 04:06:00 -0500text/htmlhttps://www.crn.com/news/security/cyberark-launches-new-30m-fund-to-invest-in-startupsCyberArk Software Ltd. Will Add Security To Portfolios
An Ark Full of Security
CyberArk Software Ltd. (NASDAQ:CYBR) of Israel has been on our acquisition list for 7 years. Like Noah's ark secured the human race, CyberArk wants to make us all safer. Our Seeking Alpha articleabout the identity security company appeared on S A on November 28, 2018; the share price was on the move up topping $68.35 each at the time of publication. The share price closed the second week of December ’23 near its 52-week high at $204.53 then slipped to $201.25 to close the second week of December '23.
In our opinion, current measures substantiate the stock’s Buy-rating status we, S A, and Wall Street analysts assign it at this time.
CyberArk stands out from its peers in several ways meaningful to investors. My associate, Dan Goldmeier, now VP of Sales & Marketing at start-up Hospice Tools in Chicago, worked with CyberArk in a former position at an Israeli software company. He rates CyberArk "a great company with some of the best tech for cybersecurity for governments and banks and enterprise companies. And the service to customers with boots on the ground is stellar."
In a survey by Gartner Peer Insights, CyberArk reviews rate it higher than Microsoft (MSFT) and 22 other well-known players in the field of Identity Security. CyberArk is "better at service and support, easier to integrate and deploy, and better evaluation and contracting."
A second reason for our gleam comes from the company's strategy of generating growing recurring revenue; that translates to good earnings and high margins. The quarterly gross profit margin over the last 3 quarters averages ~80% and 81.59% over all the years. That number is better than 85% of GPM of companies in the industry. CyberArk's operating and net margins rank lower than those of industry competitors but CyberArk is producing enough cash flow for the company liquidity ranking to place it mid-level among its peers.
Profile
According to Stockanalysis.com, CyberArk is the seventh largest, Israel-based, publicly traded, business on a U. S. exchange by market cap (~$8.39B) with annual revenue touching $700M.
A primary reason for the resiliency of Israel's stocks is that most of the above companies have R&D and marketing offices overseas and customers are worldwide. Overseas locations operationally support CyberArk's Israel and West Bank locations. Its operations, productivity, and output are minimally affected by the war.
CyberArk Software develops, markets, and sells software security programs and services. It is building subscription revenue, too.
Privileged Access protects against attacks involving privileged access;
Vendor Privileged Access combines PAM and Remote Access for third-party vendors;
Endpoint Privilege Manager is a SaaS solution that secures privileges on the endpoint;
Cloud Security is a SaaS solution that cuts risks arising from excessive privileges in cloud environments.
Identity and Workforce Access covers workforce identity security by offering adaptive multi-factor authentication (MFA), single sign-on, secure Web sessions, workforce password management, application gateway, identity lifecycle management, directory services customer identity services, and more.
Secrets Management manages the credentials used by third-party solutions and Secrets Manager Conjur secures cloud-native applications to develop AWS secrets.
Customers include financial services, manufacturing, insurance, healthcare, energy and utilities, transportation, retail, technology, and telecommunications industries. Private customers and government agencies are reached through CyberArk’s direct sales force, channel sales, security service providers, and advisory partners.
The company was founded in 1999 when Israel’s burgeoning tech industry engendered its tag name, the Start-Up Nation. Late this year, CyberArk was named an Overall Leader in theKuppingerCole Analysts AG 2023 “Leadership Compass: Access Management” report. “The company’s overall leadership position is based on the strength of itsCyberArk Identityoffering across the report’s product, innovation and market categories.”
CyberArk’s growth is partly attributable to its acquisition of 7 companies in software and IT at a cost of nearly $145M over the years. S A reports investment firm Wedbush Securities recently cited CyberArk among the global leaders likely to benefit from increased Washington spending next year on security and risk management; it projects total spending of $215B in ’24 or +14% Y/Y. Israel’s cybersecurity firms and government are projected to report revenue to grow in 2024 at an annual CAGR average of 11.66% hitting a market volume of $1.5B by FY ’28. This might be an underestimation considering how significantly cybersecurity firms are aiding in Israel’s anti-terror war effort.
More Good News
Q3 ’23 reported in November was one of the company’s best quarters. Demand for Identity Security is a global priority according to the CEO: “Total bookings growth accelerated and…significantly outpaced our guidance framework.” The engagement of customers on a subscription model resulted in “a break-out in terms of product ARR (annual recurring revenue) subscription growth, rising to a quarterly level,"according to S A analyst Bert Hochfeld.
The shareholders were also told
"Subscription ARR reached $504 million growing 68% year-over-year. Total ARR reached $705 million growing 38%. We added a robust $52 million in net new ARR and we exceeded our guidance range across revenue, operating income and EPS with total revenue accelerating to 25% growth, reaching $191 million. Non-GAAP operating income came in at approximately $17 million, and we generated non-GAAP earnings per share of $0.42. Throughout the year, our team has personified excellence in execution, and we have navigated the macroeconomic landscape exceptionally well. While uncertainty persisted in the third quarter, we experienced a firming of the macro environment compared to the last few quarters. Our execution was even stronger in Q3, as seen in our meaningful top and bottom line outperformance… The velocity of our business is picking up as customers achieve faster time to value with our SaaS solutions."
We foresee significant revenue growth, and better and more consistent EPS upside over the next 2 years and into the future. Identity cybersecurity is an important part of risk management in public space security, as we discussed in a latest article about Evolv Technologies Holdings, Inc. (EVLV). We think the increase in demand for CyberArk’s products and services on a subscription basis is going to positively affect the consensus FY ‘24 EPS forecast loss to between -$1.73-to -$2.38 from the 2023 consensus between -$2.31-to -$2.40 per share. Wells Fargo (WFC) recently upgraded its average target price from $201 to $231.
We see an opportunity for an average target share price of +$250 over the next 3 to 6 months with no impediments to ending this rally anytime soon.
Finally, media coverage and sentiment about CyberArk was bullish most of the year and seems to remain so.
Risks
In our 2018 article, we wrote, “CyberArk is a solid investment for small investors interested in the cybersecurity industry. There is plenty of room for growth and opportunities for climbing to the target prices set by institutional investors.” Little has changed except, to note, that S A downgraded its Quant Rating assessment this year to Hold, as the share price soared $100 from the end of 2022 lowering its valuation. We consider this new status a risk flag and investors need to watch valuation.
Another concern is the conflict in Gaza; when Israel was invaded by Hamas in October, the average share price of Israel-based firms dived around 14% to 16%. Shares of CyberArk sold for $171 each in Sep ’23, slipped to ~$156 in late October, but are back-up, as we predicted the share prices would be once initial economic-impact revisions were evaluated.
Third, corporate insiders do not own many shares and that is never reassuring to retail value investors. Hedge funds consistently bought the stock in the first quarter of 2023 and in greater quantities beginning in May ’23. Since the rally, funds have tended to sell, decreasing their holdings by 102K shares last quarter. At its peak number in Q1 ’23, 33 hedge funds owned shares, 27 in Q2, and 30 at the end of Q3 ’23.
We do not see any downward trend evolving yet despite the greatest risk which is the high valuation. The company holds $571.6M in debt but last reported $906.2M in cash and equivalents; plus, its market cap tops $8B. CyberArk’s net cash flow from operations is slightly up but so are liabilities. It is liquid enough to cover outstanding financial obligations. Short interest moved up to +5% on the share price rise with days to cover 3-to-4 down from +7 last August.
CyberArk is in a labor-intensive business competing for trained innovative-thinking employees. In February ’23, the company hired another 150 employees to keep R&D apace. Officials also announced the CEO of 18 years is stepping down, but we expect any new moves to be delayed until after the war on terrorists is settled.
Valuation
Regarding S A’s valuation F grade, a peek at the metrics reveals the share price rally puts them out-of-sync with sector mean numbers. For example, P/E non-GAAP forward is 261.6 versus the sector mean of 23.8; PEG non-GAAP is 11.89 versus 2.03; and EV to Sales TTM and FWD is around 11 to the sector’s mean of 2.88 and 2.81, respectively. EV/EBITDA gets an F standing at 1.88 to 15.3. CyberArk’s price to various metrics all rate a D- or F. Concomitantly, its Enterprise Value has steadily risen:
In our opinion, considering EV growth, past and potential revenue and earnings growth, liquidity, potential for generating recurring income, and other metrics, we conclude the shares selling at around $210 each is a reasonable fair value but other valuation gauges suggest there is potential for the share price to move up higher.
Granted, the current share price is on the expensive side of fair value; we think fair value will rise when its price-to-sales ratio becomes more balanced as the company grows, cuts debt, enjoys the results of lower loan interest rates, and Identity Security software grows in sophistication and effectiveness pushing massive industry growth.
More value lies in the potential for this Israeli tech company garnering M&A attention from a suitor. These deals are at a 9 year low because of the war but identity tech companies have learned a lot from the war making CyberArk potentially more valuable.
Takeaway
We see from the valuation metrics a rising risk from sell-offs to take profits as we near the end of the year and start a new one. But predictions are, for the most part, 2024 will be a big up year for the stock market. The demand for identity security is only going to increase. We do not see any other significant downward pressures over the next 6 months on the stock. CyberArk is facing few risks, is carrying through on its subscription strategy, and has the potential for tremendous growth worldwide. It is why the company gets a better Factor Grade for Momentum from 6 and 3 months earlier and we see the stock as a Buy opportunity even at +$200 per share.
Fri, 15 Dec 2023 02:18:00 -0600entext/htmlhttps://seekingalpha.com/article/4658100-cyberark-software-ltd-will-add-security-to-portfolios14 Analysts Have This to Say About CyberArk Software
Analysts have provided the following ratings for CyberArk Software CYBR within the last quarter:
Bullish
Somewhat Bullish
Indifferent
Somewhat Bearish
Bearish
Total Ratings
5
9
0
0
0
Last 30D
0
1
0
0
0
1M Ago
0
0
0
0
0
2M Ago
4
6
0
0
0
3M Ago
1
2
0
0
0
According to 14 analyst offering 12-month price targets in the last 3 months, CyberArk Software has an average price target of $205.71 with a high of $250.00 and a low of $185.00.
Below is a summary of how these 14 analysts rated CyberArk Software over the past 3 months. The greater the number of bullish ratings, the more positive analysts are on the stock and the greater the number of bearish ratings, the more negative analysts are on the stock
This current average has increased by 9.03% from the previous average price target of $188.67.
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
Sun, 03 Dec 2023 18:59:00 -0600entext/htmlhttps://www.benzinga.com/analyst-ratings/23/12/36068960/14-analysts-have-this-to-say-about-cyberark-softwareCyberArk elevates passwordless experience with new passkeys authenticationNo result found, try new keyword!CyberArk (NASDAQ: CYBR), the identity security company, today announced it has expanded passwordless authentication capabilities with new passkeys support. Now, CyberArk Identity customers can ...Fri, 24 Nov 2023 11:11:00 -0600en-ustext/htmlhttps://www.msn.com/CyberArk And Accenture Amplify Their Commitment To Identity Security
CyberArk and Accenture are taking their long-standing collaboration to new heights, aiming to deliver privileged access management solutions for clients worldwide. The two companies announced today an evolution of their collaboration, with Accenture expanding deployment of the CyberArk Identity Security Platform to include CyberArk Privilege Cloud.
Through their unified efforts, the two companies strive to foster a holistic approach to security, enabling zero trust at an enterprise scale through advanced solutions grounded in identity security and privileged access management.
A Fruitful Partnership Amplified
I spoke with Chris Moore, senior VP of global channels at CyberArk, and Harpreet Sidhu, senior managing director with Accenture, about the collaboration between the two companies and the crucial role of privileged access management.
The partnership is not recent; it has flourished for many years with tangible results. The working synergy has been leveraged from both ends, with Accenture becoming CyberArk's "go-to partner from a services perspective," according to Moore. Notably, Accenture is CyberArk's single largest enabled partner globally, spotlighting the deep-seated mutual trust and commitment at the heart of this collaboration.
Accenture's Harpreet, emphasized the proactive strategies and investment in privileged access capabilities, which have not only averted crises but also propelled sustainable growth. He stressed that the collaboration with CyberArk has addressed complex global environmental challenges and varying use cases with stellar efficiency, and streamlining identity security operations for global 2000 customers.
A press release announcing the collaboration explains, “By incorporating CyberArk Privilege Cloud into its own cyber defense-strategy, Accenture benefits from the same level of cybersecurity it delivers to clients, enabling sensitive data and critical systems to be well-protected. CyberArk enables Accenture to securely store, rotate and isolate credentials (for both human and non-human users).”
The Zero Trust Resurgence and Identity Security
I pointed out the current resurgence in focus on zero trust and how privileged access management and identity security are vital components for fostering the foundation of a zero trust environment. Sidhu likens a strong identity program to "the foundation for the house," emphasizing that without it, "you're leaving the front door open."
The progression toward zero trust is a multifaceted journey, entailing a conglomeration of capabilities, including good Identity Governance and assurance programs, certification attestation, and robust privileged access management capacities. Harpreet stressed that these essential elements safeguard an organization’s "crown jewels" while securing privileged access across different environments.
Moore shares this perspective, adding, “Identity security is everything and privilege is in the middle of that journey.” It oversees an extensive range, from workforce and customer access to identity management, which Moore believes makes CyberArk an indispensable tool in the voyage to zero trust.
Empowering Enterprises in Today's Macro Environment
In the rapidly evolving macro environment, the partnership seeks to empower enterprises to grow and adapt at the necessary speed. Sidhu noted the CyberArk platform's capacity to leverage automation and cloud capabilities—features essential for optimizing organization, staffing, and achieving desired outcomes in today's setting.
As part of a holistic strategy, the platform promises a continuum of identity security, covering a wide spectrum, and guarding against vulnerabilities from various attack paths. Moore emphasized, “Attackers are going to take the path of least resistance all the time,” and explained that the CyberArk platform delivers an integrated approach to handling complex enterprise stories and facilitating a seamless security journey.
Accenture: Customer Zero and a Learning Ground
Accenture has not only been a partner but also a learning ground. Moore and Sidhu shared the notion of “Customer Zero" and the importance of an organization leading the way by embracing and utilizing the technologies they provide to customers.
The vast experience and operational scale of the relationship between the two offers a unique playground for CyberArk, facilitating a reciprocative relationship grounded in learning and growing from mutual experiences. The collaboration helps to bring best of breed solutions to the fore, fine-tuned through experiences garnered in Accenture's extensive ecosystem.
Looking Forward: Market Synergies and Growth Prospects
Accenture and CyberArk are harmonizing their narratives, leveraging 700,000 personnel at Accenture to disseminate the collaborative story globally. Moving forward, they aim to foster a security-first narrative, originating from the board and C-level discussions, gradually permeating through the entire organization's fabric.
As Sidhu aptly mentions, this collaboration is not merely a "nice to have"; it is quintessential for business growth in today's environment. With a unified vision and a fortified partnership, CyberArk and Accenture feel they are poised to set new benchmarks in the cybersecurity landscape, championing innovation, efficiency, and a security-first approach in global business operations.
Wed, 20 Sep 2023 06:32:00 -0500Tony Bradleyentext/htmlhttps://www.forbes.com/sites/tonybradley/2023/09/20/cyberark-and-accenture-amplify-their-commitment-to-identity-security/CyberArk Named an Overall Cloud Infrastructure Entitlement Management (CIEM) Leader by KuppingerCole AnalystsNo result found, try new keyword!NEWTON, Mass. & PETACH TIKVA, Israel--(BUSINESS WIRE)--CyberArk (NASDAQ: CYBR), the identity security company, today announced it was named an Overall Leader in the KuppingerCole Analysts AG 2023 ...Tue, 19 Dec 2023 18:30:00 -0600https://www.businesswire.com/news/home/20231220568132/en/CyberArk-Named-an-Overall-Cloud-Infrastructure-Entitlement-Management-CIEM-Leader-by-KuppingerCole-AnalystsJefferies Initiates Coverage of CyberArk Software (CYBR) with Buy RecommendationNo result found, try new keyword!Analyst Price Forecast Suggests 2.60% Upside As of November 27, 2023, the average one-year price target for CyberArk Software is 206.48. The forecasts range from a low of 167.66 to a high of $231.00.Thu, 14 Dec 2023 10:00:00 -0600en-ustext/htmlhttps://www.msn.com/CyberArk Elevates Passwordless Experience with New Passkeys Authentication
With the Addition of New Passwordless Authentication Options, CyberArk Furthers Its Commitment to Helping Customers Reduce Credential Theft and Strengthen Productivity
NEWTON, Mass. & PETACH TIKVA, Israel, November 21, 2023--(BUSINESS WIRE)--CyberArk (NASDAQ: CYBR), the identity security company, today announced it has expanded passwordless authentication capabilities with new passkeys support. Now, CyberArk Identity customers can accelerate passwordless adoption and reduce cybersecurity risk by enabling the use of passkeys to easily access apps and websites using strong authentication methods like biometrics.
Stealing or abusing credentials to compromise identities is how most breaches begin. Passkeys extend a passwordless strategy to reduce the attack surface and minimize credential theft. The addition of passkeys provides CyberArk Identity customers with phishing-resistant, FIDO2-compliant credentials that replace passwords, providing the strongest level of protection against identity theft and account takeover and is a NIST Authentical Assurance Level (AAL3) authentication method. Additionally, passkeys work across user devices, and even work on those within physical proximity, improving user experiences by simplifying and speeding up authentication flows.
CyberArk Identity delivers a set of SaaS solutions designed to simplify enterprise identity and access management while providing a high level of security. Part of the CyberArk Identity Security Platform, CyberArk Identity helps today’s businesses overcome user authentication, authorization and identity management challenges accompanying business transformation initiatives. With the CyberArk platform, organizations can enable Zero Trust and least privilege with complete visibility, enabling every identity to access any resource more securely, located anywhere, from everywhere – and with intelligent privilege controls.
CyberArk Identity also provides support for YubiKey One Time Passcode (OTP). YubiKey is a widely used physical authentication device that complies with NIST 800-63B guidelines regarding Authentication Assurance Level 2 (AAL2). With the OTP generated by their YubiKey, users can securely authenticate to any application protected by CyberArk Identity.
"Passwords are the weakest link in the security chain, and they are often the root cause of data breaches and cyberattacks. By introducing passkeys for passwordless authentication, we are further enabling our customers to eliminate passwords from their authentication workflows," said Gil Rapaport, general manager, Access, CyberArk. "CyberArk is committed to delivering the most comprehensive and innovative identity security solutions on the market. By extending passwordless authentication options, not only are we helping to eliminate password-based risk for our customers, but we are also improving productivity and the overall user experience."
CyberArk was named an Overall Leader in the KuppingerCole Analysts AG "Leadership Compass: Passwordless Authentication"1 report. CyberArk was highlighted as a "comprehensive, feature-rich and modern passwordless solution." According to the report, CyberArk Identity stood out for advantages such as providing a solution for securing remote access and BYOD scenarios, flexible deployments, integration with CyberArk privileged access management solutions, strong partner ecosystem and proven scalability.
Passwordless authentication with passkeys is available now as part of the CyberArk Identity 23.11 release.
Additional Resources
1 - KuppingerCole Analysts AG, "Leadership Compass: Passwordless Authentication," October 4, 2022 by Alejandro Leal
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.