Digital Vaulting Booms as Cyber-Ark Signs Global Deal with Getronics

Digital Vaults as a Method for Managing and Protecting Privileged Identities and Highly-Sensitive Information

(03.07.08) - The last quarter for Cyber-Ark Software has exceeded all expectations, proving the market boom for digital vaults as a method for managing and protecting privileged identities and highly-sensitive information. It is therefore timely that Cyber-Ark has signed a global partnership deal with internationally renowned Getronics, a leading provider of Information and Communication Technology (ICT) services and solutions.

The partnership will initially kick off in the Netherlands but plans are afoot for Getronics to begin selling the Cyber-Ark vaulting technology throughout their global network.

Getronics is a subsidiary of KPN and focuses on workspace management, consulting & trans-formation services, data centre and managed security services - which is where the Cyber-Ark portfolio will fit. Getronics offers a broad security portfolio ranging from managed security services, identity management and business continuity to professional services and provides fully managed security services that are cost-effective and reduce the complexity of security. Getronics is the leading provider of business continuity management, managed PKI and smartcard services in the Netherlands.

Calum MacLeod, Director Western Europe, Middle East and Africa said "Cyber-Ark has experienced a massive increase in demand as more companies look for ways to secure their privileged passwords and manage their highly sensitive information. Partnering with a company such as Getronics which has such an esteemed international reputation in the enterprise community will help us to keep up with the demand in the market. Getronics has great depth and experience in delivering innovative solutions to global enterprises and we look forward to working with them. We’ll start off our partnership in the Netherlands and will then quickly build on their global network of contacts to expand internationally."

Coen Olde Olthof, Vice President Marketing, Portfolio and Alliances at Getronics said "Cyber-Ark’s vaulting technology addresses a market need that many of our customers see as an issue. It also fits nicely within our current portfolio of authentication and authorisation services and we look forward to working alongside a respected and trusted supplier that helps us to meet the require-ments of our customers. We are currently also developing new security services based on the Cyber -Ark products". (Cyber-Ark: ra)