CyberArk Case Studies National Australia Bank Implements CyberArk PAM Across Multiple Operation Areas

Edit This Case Study Record

	National Australia Bank Implements CyberArk PAM Across Multiple Operation Areas CyberArk

National Australia Bank Implements CyberArk PAM Across Multiple Operation Areas

CyberArk

Technology Category	Cybersecurity & Privacy - Cloud Security Cybersecurity & Privacy - Identity & Authentication Management Cybersecurity & Privacy - Security Compliance
Applicable Industries	Finance & Insurance
Applicable Functions	Business Operation
Use Cases	Cybersecurity Remote Asset Management Remote Control
Services	Cloud Planning, Design & Implementation Services Cybersecurity Services System Integration
Challenge	Changing customer expectations, greater digital use, and the evolving cyber threat landscape are challenging financial institutions to balance innovation with effective security practices. Privileged access management (PAM) is critical to enable flexible yet controlled access to critical systems holding sensitive customer PII and other valuable information. As financial systems grow in size and complexity, privilege is everywhere, making strong PAM essential for banks to move with agility without jeopardizing their brand or regulatory compliance. Read More
About Customer	National Australia Bank (NAB) is a financial services organization providing a comprehensive range of banking and financial products and services. With operations in Australia, New Zealand, parts of Asia, the United Kingdom, and the United States, NAB is a long-time customer of CyberArk. The bank has prioritized privileged access management (PAM) within its Enterprise Security division to protect against growing external and internal threats to personal and proprietary information. NAB's commitment to security is evident in its phased approach to implementing PAM across multiple operational areas, ensuring the protection of sensitive data and compliance with regulatory standards. Read More
Solution	NAB’s PAM team, led by manager Joel Harris, uses CyberArk to protect privileged access and develop the organization’s enterprise-wide PAM program across people, process, and technology domains. The team is taking a phased approach, starting with managing and securing the privileged accounts that pose the most risk. This involves migrating all privileged credentials associated with critical infrastructure and high-priority business applications into CyberArk. The CyberArk Privileged Access Manager Solution helps enforce least privilege principles by centrally vaulting and rotating credentials in an encrypted repository, isolating credentials and sessions, and recording and storing privileged sessions. This approach allows the team to lock down powerful privileged accounts and access, defending against both internal and advanced persistent threats. Read More Log in to view content
Contents

Technology Category

Cybersecurity & Privacy - Cloud Security

Cybersecurity & Privacy - Identity & Authentication Management

Cybersecurity & Privacy - Security Compliance

Applicable Industries

Finance & Insurance

Applicable Functions

Business Operation

Use Cases

Cybersecurity

Remote Asset Management

Remote Control

Services

Cloud Planning, Design & Implementation Services

Cybersecurity Services

System Integration

Challenge

Changing customer expectations, greater digital use, and the evolving cyber threat landscape are challenging financial institutions to balance innovation with effective security practices. Privileged access management (PAM) is critical to enable flexible yet controlled access to critical systems holding sensitive customer PII and other valuable information. As financial systems grow in size and complexity, privilege is everywhere, making strong PAM essential for banks to move with agility without jeopardizing their brand or regulatory compliance.

About Customer

National Australia Bank (NAB) is a financial services organization providing a comprehensive range of banking and financial products and services. With operations in Australia, New Zealand, parts of Asia, the United Kingdom, and the United States, NAB is a long-time customer of CyberArk. The bank has prioritized privileged access management (PAM) within its Enterprise Security division to protect against growing external and internal threats to personal and proprietary information. NAB's commitment to security is evident in its phased approach to implementing PAM across multiple operational areas, ensuring the protection of sensitive data and compliance with regulatory standards.

Solution

NAB’s PAM team, led by manager Joel Harris, uses CyberArk to protect privileged access and develop the organization’s enterprise-wide PAM program across people, process, and technology domains. The team is taking a phased approach, starting with managing and securing the privileged accounts that pose the most risk. This involves migrating all privileged credentials associated with critical infrastructure and high-priority business applications into CyberArk. The CyberArk Privileged Access Manager Solution helps enforce least privilege principles by centrally vaulting and rotating credentials in an encrypted repository, isolating credentials and sessions, and recording and storing privileged sessions. This approach allows the team to lock down powerful privileged accounts and access, defending against both internal and advanced persistent threats.

Impact #1	NAB has onboarded hundreds of business-critical applications and tens of thousands of accounts into CyberArk.
Impact #2	The team is expanding coverage to new areas of the organization, demonstrating remediation activities against the organization’s risk framework.
Impact #3	Using CyberArk Discover and Audit (DNA), the team is working with numerous infrastructure and application teams to inventory privileged accounts and technology assets, creating an actionable plan to reduce risk.

Impact #1

NAB has onboarded hundreds of business-critical applications and tens of thousands of accounts into CyberArk.

Impact #2

The team is expanding coverage to new areas of the organization, demonstrating remediation activities against the organization’s risk framework.

Impact #3

Using CyberArk Discover and Audit (DNA), the team is working with numerous infrastructure and application teams to inventory privileged accounts and technology assets, creating an actionable plan to reduce risk.

Benefit #1	Onboarded hundreds of business-critical applications.
Benefit #2	Integrated tens of thousands of accounts into CyberArk.

Benefit #1

Onboarded hundreds of business-critical applications.

Benefit #2

Integrated tens of thousands of accounts into CyberArk.

Download PDF Version

Overview

National Australia Bank Implements CyberArk PAM Across Multiple Operation Areas

Operational Impact

Quantitative Benefit