Maham Fatima
2 min read
In This Article:
CyberArk Software Ltd. (NASDAQ:CYBR) is one of the best software infrastructure stocks to invest in. On June 24, CyberArk announced that Panasonic Information Systems Co. Ltd., which is the IT strategy arm of the Panasonic Group, has successfully implemented the CyberArk Identity Security Platform. The deployment is a part of Panasonic’s broader digital transition initiative, known as Panasonic Transformation/PX, which commenced earlier in May 2021.
The primary goal of this implementation is to secure privileged access to thousands of servers, which include both Windows and Linux, across the entire Panasonic Group. Before this, Panasonic Information Systems relied on a manual approach to privileged access management, which led to inefficiencies and limited visibility into access requests and approvals.
A data center with a repetetive design of computer servers, showing the companies' efficient and secure IT infrastructure.
With the adoption of CyberArk Privileged Access Manager, a component of the CyberArk Identity Security Platform, Panasonic has now established a modern, automated, and centralized environment for managing privileged access. This system provides visibility into server access and details who accessed which server, when, and what actions were performed. Thereby creating an audit trail for improved post-incident investigations. Additionally, credentials and passwords are now automatically granted, hidden from users, and rotated within the CyberArk platform.
CyberArk Software Ltd. (NASDAQ:CYBR) develops, markets, and sells software-based identity security solutions and services internationally. Panasonic Holdings Corporation researches, develops, manufactures, sells, and services various electrical and electronic products worldwide.
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Disclosure: None. This article is originally published at Insider Monkey.
