On March 14, 2023, CyberArk, the world leader in Identity Security, announced advancements to Workforce Password Management. The cloud-based business password management solution from CyberArk allows businesses to capture, store, and manage password-based apps and other secrets in a secure manner. Added features offer administrators with increased flexibility and power to minimize risk and enhance security for web-based applications.
Workforce Password Management is developed for business environments and offers the privacy, availability and security organizations require, including support for current corporate directories and passwordless authentication controls, unlike personal password managers. Some of the new things are:
Application Access Controls Based on Usernames
Support for CAPTCHA-Enabled Web Apps
Enhanced Reporting for User-Added Applications
CyberArk Secure Web Sessions and Workforce Password Management can be used together to further fortify access to critical systems. With the newest release, Secure Web Sessions provides an additional layer of defense called Session Control. Session Control enables administrators to define notification and enforcement rules for specific text fields in business applications that are accessed with credentials stored in Workforce Password Management. For example, administrators can set up a rule to stop users from transferring more than pre-set threshold within their corporate banking applications and notify the IT security team of the attempt.
Gil Rapaport, General Manager, Access Management at CyberArk, said, “Traditional password managers typically lack controls and functionalities that enterprises need to secure end-user credentials, which are constantly targeted by attackers.” He added, “Password management must be dynamic to evolve with attacker innovation. We are continuously investing in new features and functionalities for Workforce Password Management to deliver greater usability, security and control for all users within an organization – from developers and business users to IT administrators.”
(Source – Business Wire)
Founded in Newton, MA, CyberArk is the worldwide leader in identity security solutions. The company is the most comprehensive security solution for any identity, machine or human, across business apps, remote employees, hybrid cloud workloads, and the complete DevOps lifecycle, thanks to its emphasis on privileged access management. The world’s largest organizations entrust CyberArk to help secure their most vital assets.