Hewlett Packard Enterprise Delivers Privileged Account Management Service With CyberArk to Thwart Cyber Attacks

PALO ALTO, CA--(Marketwired - Jul 26, 2016) - Hewlett Packard Enterprise (HPE) (NYSE: HPE) today announced the HPE Privileged Account Management (PAM) Service offering, an extension to its HPE Managed Security Services (MSS) portfolio. In partnership with privileged account security software leader CyberArk (NASDAQ: CYBR), this offering is designed to help customers more effectively mitigate the heightened risk associated with privileged accounts, enforce more consistent application of security policies, and reduce manual efforts and administrative costs.

External attackers and malicious insiders are increasingly using the broader network permissions of privileged accounts to execute complex breaches and access sensitive information. In fact, 80 percent of all targeted attacks exploited privileged accounts during the attack process.¹ These attacks are often able to take full control of an organization's IT infrastructure, disable its security controls, steal confidential information, commit financial fraud, and disrupt operations.

HPE PAM Service leverages the ten global HPE Security Operations Centers (SOCs), offshore resources, and the CyberArk Privileged Account Security Solution to help organizations address some of the biggest security challenges including: advanced targeted attacks, insider threats, malware targeted at privileged accounts, regulation and failed audits, and the outsourcing of sensitive information, assets and infrastructure. The CyberArk Privileged Account Security Solution provides a comprehensive solution for operating systems, databases, applications, hypervisors, network devices, and security appliances. It can be deployed on-premise, in the hybrid cloud and OT/SCADA environments.

"Threats targeting privileged accounts are increasing in frequency, complexity and scope, making it critical for organizations to gain control and visibility of this key user group's activity," said Art Wong, senior vice president and general manager, HPE Security Services, Hewlett Packard Enterprise. "The full-service HPE Privileged Account Management offering backed by CyberArk technology provides organizations with the means to effectively mitigate their risks of both external and internal attacks on privileged accounts, as well as maintain compliance."