CyberArk

CyberArk is a publicly traded information security company offering Privileged Account Security. The company's technology is utilized primarily in the financial services, energy, retail, healthcare and government markets. As of November 6, 2019, CyberArk had over 5,000 customers, including more than 50 percent of the Fortune 500 and more than 30 percent of the Global 2000. CyberArk is headquartered in Petah Tikva, Israel, with U.S. headquarters located in Newton, Massachusetts. The company also has offices throughout the Americas, EMEA, Asia Pacific and Japan.
History

CyberArk was founded in Israel in 1999 by Alon N. Cohen and current CEO Udi Mokady, a 2014 EY Entrepreneur Of The Year, who assembled a team of security engineers who implemented the digital vault technology (U.S. Patent 6,356,941). This technology (also known as network vault, and branded as The Digital Vault) surrounds data with eight layers of security within an existing network perimeter, creating a central repository to share and store proprietary or confidential data. Digital Vault still serves as a foundation for CyberArk's privileged account security solutions.

In June 2014, CyberArk filed for an IPO with the Securities and Exchange Commission, listing 2013 revenues of 66.2 million. CyberArk became a public company the same year, trading on the NASDAQ as CYBR. In 2015, CyberArk announced plans to acquire the privately held Massachusetts-based company Viewfinity which specialized in privilege management and application control software. In 2017, CyberArk acquired Massachusetts-based cybersecurity company Conjur Inc., which secures access for software development and IT teams that are building cloud-based software, for $42 million. In 2018, CyberArk acquired certain assets of Boston-based cloud security provider Vaultive. Twenty Vaultive employees, most from the company's research and development (R&D) team, joined CyberArk. The string of local security acquisitions were intended to help CyberArk offer more complete security solutions.

RedTeam Pentesting GmbH found a remote code and other vulnerabilities and released an advisory on April 9th 2018. CyberArk received a notification of the flaw in early February and released a remedial patch later that same month.