Canadian Institutional Fund Manager Protects Against the Insider Threat with CyberArk

The company selected the CyberArk Privileged Account Security Solution to address the challenge of securing privileged accounts. They began by implementing the CyberArk Enterprise Password Vault to manage and track the use of privileged credentials across the organization. During the discovery process, they identified over 10,000 privileged accounts, many of which were previously unknown and had not been used or had their passwords changed in years. The company conducted a thorough clean-up of all privileged accounts, finding credentials across servers, firewalls, routers, and applications. Using CyberArk, they categorized privileged accounts into application, administrative, and service accounts, ensuring that access was managed through the Enterprise Password Vault. This solution allowed them to secure, manage, and track privileged credentials across all environments, operating systems, databases, applications, and network devices. The implementation provided individual accountability for specific activities, eliminating the ability for malicious users to hide behind shared accounts.