PARTNERING WITH CYBERARK HAS HELPED TO DEVELOP A FUTURE-PROOF IDENTITY SECURITY STRATEGY FOR CURRENT AND FUTURE NEEDS .
INDUSTRY WATCH
PARTNERING WITH CYBERARK HAS HELPED TO DEVELOP A FUTURE-PROOF IDENTITY SECURITY STRATEGY FOR CURRENT AND FUTURE NEEDS .
India ’ s DCB Bank has chosen the CyberArk Identity Security Platform to augment productivity , strengthen identity security and further bolster compliance and auditing capabilities .
Additionally , the Reserve Bank of India mandates that financial institutions strengthen their cybersecurity safeguards due to the increased frequency and complexity of cyberattacks .
Built for the dynamic enterprise , the CyberArk Identity Security Platform enables secure access for any identity – human or machine – to any resource or environment from anywhere , using any device .
DCB Bank is one of India ’ s new generation private sector banks with 442 branches , one million active customers and over 10,000 employees . It uses new and innovative technologies to transform services delivery and customer experience as well as optimize operations .
Specifically , the bank aimed to implement a comprehensive secrets management strategy to manage and protect credentials found in application code . These are increasingly targeted by attackers looking to compromise financial services organizations . The bank worked with CyberArk to implement CyberArk Secrets Management , part of the CyberArk Identity Security Platform , to centrally rotate and manage credentials , eliminate vault sprawl and dovetail with existing developer workflows .
Despite already having a robust cybersecurity architecture in place , DCB Bank understood the value of increasing its investment in identity security to meet the challenges of delivering automated customer interactions and personalized services for applications based either on-premises or in the cloud .
Murali Mohan Rao Manduva , Chief Technology Officer , DCB Bank , said : “ CyberArk is a significant partner in DCB Bank ’ s robust governance framework , information security practices and business continuity plan . Partnering with CyberArk has helped to develop a futureproof identity security strategy for current and future
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