SecurityWorldMarket

26/08/2006

International bank selects Cyber Ark for critical information security

Cyber Ark Software, the information security software company that develops and markets digital vaults for securing and managing highly sensitive information within and across global enterprise networks, has announced that Rabobank International Singapore Branch has selected the Cyber Ark Network Vault to securely store, share and audit their critical information assets.

Cyber-Ark has had great success with their Vaulting Technology in the US, Israel and Europe and are now seeing a growing demand for their products in the Asia Pacific region.
Rabobank International Singapore Branch had selected Cyber-Ark's Network Vault after a thorough consultation and a trial testing period. Rabobank International is part of the Rabobank Group with headquarters in the Netherlands and offers, through its well-connected global network, corporate and investment banking services to private and business customers worldwide.
"We had been sourcing for a solution that could securely manage our critical information assets and Cyber-Ark's Network Vault was our first choice. As a triple-A bank, security is paramount for our business." said Lee Tze Ming - Regional Security Manager, Asia for Rabobank International.
Dan Dinnar - VP Regional Sales - Asia Pacific of Cyber-Ark Software said "Security is of utmost importance to a company like Rabobank, and by choosing Cyber-Ark they have an out-of-the-box solution which provides them with a best-in-class secure process whereby critical information assets can be archived, transferred and shared among the staff and authorised personnel.
Cyber-Ark's Network Vault solution provides a "safe haven" within the enterprise where all critical information assets can be archived, transferred and shared.
"As Cyber-Ark's regional partner in Singapore we have had a lot of interest from the financial and banking sector" said Kwek Hong Sin - Managing Director - Quantiq International. "In our opinion Cyber-Ark's Vaulting Technology is the only true solution to fully address the complex issue of Administrative Password Management. It is exactly what our customers have been looking for."



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