Latest news with #identitysecurity
Yahoo
7 hours ago
- Business
- Yahoo
Zilla's Early Wins: Can it Accelerate CyberArk's Expansion?
CyberArk CYBR continues to scale its identity security platform. During the first quarter of fiscal 2025, the company reported Annual Recurring Revenues (ARR) of $1.215 billion and net new ARR of $46 million. A new contributor to this growth is Zilla Security, an identity governance company, which was acquired by CyberArk in February 2025 to broaden its identity security the first quarter, CyberArk highlighted early traction from its acquisition of Zilla Security. Zilla contributed approximately $5 million in ARR, including securing a six-figure new logo win in financial services. The main highlight of the deal was that the customer displaced its legacy identity governance and administration (IGA) vendor to deploy Zilla. The company noted that the customer feedback on Zilla has been overwhelmingly positive, particularly around simplifying access reviews and automating provisioning across modern expands CyberArk's identity security platform with artificial intelligence (AI)-powered IGA capabilities. With enhanced capabilities, CyberArk is now able to deliver scalable automation that enables accelerated identity compliance and provisioning across digital capabilities are made available as standalone offerings. The offerings include Zilla Comply for access reviews and Zilla Provisioning that automates onboarding, role transitions, and offboarding through an AI-driven approach. These offerings are now becoming a key part of CyberArk's broader identity security platform. Although Zilla is still in its early days, CyberArk expects Zilla to contribute more meaningfully to the sales cycle in the second half of 2025 and into 2026. Palo Alto Networks PANW and Zscaler ZS are also evolving their platforms to meet enterprise security Alto Networks is doubling down on its platformization strategy. In the third quarter of fiscal 2025, PANW closed more than 90 net new platform deals. Moreover, the number of customers platformized on Cortex was up nearly three times, reflecting strong momentum with Palo Alto Networks' Extended Security Intelligence and Automation Management or XSIAM security operation platform. Additionally, the number of customers with multiple platformizations grew nearly 70% year over year. Zscaler continues to expand its Zero Trust Exchange platform. In the third quarter of fiscal 2025, Zscaler reported ARR of $2.9 billion, up 23% year over year. Zscaler's Zero Trust Everywhere, Data Security Everywhere, and Agentic Operations are becoming its main growth engine. Together, these innovative categories are approaching $1 billion in ARR and are growing faster than Zscaler's total ARR growth. Shares of CyberArk have gained 16.6% year to date compared with the Zacks Security industry's growth of 21.3%. Image Source: Zacks Investment Research From a valuation standpoint, CYBR trades at a forward price-to-sales ratio of 13.37, below the industry's 14.65. Image Source: Zacks Investment Research The Zacks Consensus Estimate for CYBR's 2025 and 2026 earnings implies a year-over-year increase of 25.74% and 25.72%, respectively. The estimates for 2025 and 2026 have been revised downward over the past 7 days, respectively. Image Source: Zacks Investment Research CyberArk currently carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Palo Alto Networks, Inc. (PANW) : Free Stock Analysis Report CyberArk Software Ltd. (CYBR) : Free Stock Analysis Report Zscaler, Inc. (ZS) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
14 hours ago
- Business
- Globe and Mail
Zilla's Early Wins: Can it Accelerate CyberArk's Expansion?
CyberArk CYBR continues to scale its identity security platform. During the first quarter of fiscal 2025, the company reported Annual Recurring Revenues (ARR) of $1.215 billion and net new ARR of $46 million. A new contributor to this growth is Zilla Security, an identity governance company, which was acquired by CyberArk in February 2025 to broaden its identity security platform. During the first quarter, CyberArk highlighted early traction from its acquisition of Zilla Security. Zilla contributed approximately $5 million in ARR, including securing a six-figure new logo win in financial services. The main highlight of the deal was that the customer displaced its legacy identity governance and administration (IGA) vendor to deploy Zilla. The company noted that the customer feedback on Zilla has been overwhelmingly positive, particularly around simplifying access reviews and automating provisioning across modern environments. Zilla expands CyberArk's identity security platform with artificial intelligence (AI)-powered IGA capabilities. With enhanced capabilities, CyberArk is now able to deliver scalable automation that enables accelerated identity compliance and provisioning across digital environments. Zilla's capabilities are made available as standalone offerings. The offerings include Zilla Comply for access reviews and Zilla Provisioning that automates onboarding, role transitions, and offboarding through an AI-driven approach. These offerings are now becoming a key part of CyberArk's broader identity security platform. Although Zilla is still in its early days, CyberArk expects Zilla to contribute more meaningfully to the sales cycle in the second half of 2025 and into 2026. How Competitors Fare Against CYBR Palo Alto Networks PANW and Zscaler ZS are also evolving their platforms to meet enterprise security demands. Palo Alto Networks is doubling down on its platformization strategy. In the third quarter of fiscal 2025, PANW closed more than 90 net new platform deals. Moreover, the number of customers platformized on Cortex was up nearly three times, reflecting strong momentum with Palo Alto Networks' Extended Security Intelligence and Automation Management or XSIAM security operation platform. Additionally, the number of customers with multiple platformizations grew nearly 70% year over year. Zscaler continues to expand its Zero Trust Exchange platform. In the third quarter of fiscal 2025, Zscaler reported ARR of $2.9 billion, up 23% year over year. Zscaler's Zero Trust Everywhere, Data Security Everywhere, and Agentic Operations are becoming its main growth engine. Together, these innovative categories are approaching $1 billion in ARR and are growing faster than Zscaler's total ARR growth. CYBR's Price Performance, Valuation and Estimates Shares of CyberArk have gained 16.6% year to date compared with the Zacks Security industry's growth of 21.3%. CYBR YTD Price Performance From a valuation standpoint, CYBR trades at a forward price-to-sales ratio of 13.37, below the industry's 14.65. CYBR Forward 12-Month P/S Ratio The Zacks Consensus Estimate for CYBR's 2025 and 2026 earnings implies a year-over-year increase of 25.74% and 25.72%, respectively. The estimates for 2025 and 2026 have been revised downward over the past 7 days, respectively. CyberArk currently carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Zacks Names #1 Semiconductor Stock It's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom. With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028. See This Stock Now for Free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Palo Alto Networks, Inc. (PANW): Free Stock Analysis Report CyberArk Software Ltd. (CYBR): Free Stock Analysis Report Zscaler, Inc. (ZS): Free Stock Analysis Report
Forbes
3 days ago
- Business
- Forbes
Multiplayer AI: The New Operating Model For Identity Security
Dr. John Pritchard is the Chief Product Officer at Radiant Logic, responsible for the company's global product vision. AI-powered deepfakes and credential attacks are rewriting the rules of cyber risk, with identity-related breaches now costing organizations an average of $4.45 million per incident and accounting for over 70% of successful attacks on enterprise infrastructure and supply chains. Despite record investments in detection and response, breaches keep making headlines. Why? I call this the identity security paradox: More technology doesn't equal protection, especially if tools—and the people and AI agents using them—don't work together. Identity is the primary attack surface in the enterprise. Most organizations built their identity security stack on a traditional combination of IAM, IGA and PAM, but the rapid proliferation of cloud apps, machine identities and AI agents outpace these traditional controls. The result? Siloed data, unmanaged privileged accounts and hidden nonhuman identities—each a potential attack vector. Gartner finds that 65% of organizations still lack IAM maturity, weighed down by technical debt and fragmented architectures. Point solutions deployed to 'fix' audit findings or compliance gaps create more complexity, not less. Attackers exploit these seams, moving laterally between systems and identities that aren't monitored holistically. CISA's Silentshield Red Team Assessment demonstrated that decentralized teams and poor communication allowed adversaries to persist undetected, even when individual groups spotted anomalies. The lesson is clear: Solo efforts—whether a lone expert, an isolated AI agent or a disconnected tool—cannot keep pace with adversaries who are increasingly agile, automated and collaborative. To close these gaps, interoperability must become the standard for tools and the people and AI agents using them. Interoperability means more than connecting dashboards or sharing alerts. It's about ensuring that identity security posture management (ISPM) and identity threat detection and response (ITDR) systems share data, context and workflows in real time, across both human and machine identities. Gartner recommends a 'system of systems' approach, built on identity fabric principles, to support zero trust and intelligent automation. This means breaking down technical and organizational silos so prevention and detection teams operate from a unified, continuously updated single source of truth for identity data—a concept Gartner identifies as foundational for modern identity security. This trusted, authoritative data layer enables faster, more accurate decisions and ensures that every team acts on the same intelligence. When ISPM and ITDR interoperate, and when human and AI teammates collaborate based on shared reference points, blind spots shrink and attackers have fewer seams to exploit. I call the next evolution in identity security: multiplayer AI—intelligent systems designed to amplify human capabilities through enhanced teamwork. Gartner predicts by 2027, 90% of successful AI implementations in cybersecurity will focus on tactical task automation and process augmentation, not full autonomy or staff replacement. Multiplayer AI enables human and AI collaboration, breaking down silos and bridging gaps between prevention and detection. AI excels at analyzing vast datasets, detecting patterns humans miss and automating repetitive processes. Critical decisions, like determining whether anomalies are a threat or false positives, still require human judgment and contextual understanding. Studies show organizations using collaborative AI models—human decisions based on AI recommendations—see faster response times, fewer security incidents and improved resilience. The key is not just technology, but teamwork: AI handles the heavy lift of data processing and pattern recognition, while humans provide creativity, ethical oversight and business context. Thankfully, the industry is moving quickly. With the meteoric rise of agentic AI, open standards like Model Context Protocol (MCP) and Agent2Agent (A2A) are enabling AI agents from different vendors, clouds and frameworks to communicate, share context and coordinate tasks securely. Technology partners including OpenAI, Microsoft and Google are already adopting these protocols, breaking down silos that limit automation's impact. For business leaders, agentic AI means specialized agents for threat detection, access management, compliance and user behavior analytics can now form ad hoc teams-automating complex workflows and adapt to new threats. By 2028, Gartner forecasts multiagent AI will account for 70% of threat detection and response implementations, primarily to augment—not replace—staff. Early adopters will see measurable results: Leveraging agent-to-agent collaboration is predicted to cut attacker dwell time in compromised environments by up to 50%, while accelerating response and reducing operational risk. When humans and AI work together, identity security becomes faster, smarter and more resilient. 1. Establish an interoperability baseline. Audit ISPM and ITDR tools for data sharing and workflow integration across human and machine identities. Ensure architectures support agent-to-agent interoperability using open standards like MCP and A2A, so specialized agents can collaborate and automate cross-vendor workflows. Set quarterly targets to reduce IAM tool integration gaps. 2. Pilot tactical AI augmentation. Start with a focused, data-driven use case, such as automated privilege review or anomaly detection. Track improvement in response time and risk reduction. 3. Build AI literacy and human oversight. Train teams on both the benefits and limits of AI, including where human verification is required in critical workflows. 4. Continuously review identity hygiene. Use AI-driven discovery to identify unused or risky accounts, but require human validation before making changes. Aim to reduce privileged account sprawl and remediate orphaned accounts as they are detected. 5. Measure what matters. Track outcome-driven metrics such as percentage reduction in excessive permissions, improvement in MFA deployment rates and decreased incident response times. For example, reducing excessive permissions by 20% and increasing MFA coverage to 95% of privileged accounts within one year. The next breach won't be stopped by just another dashboard or a new AI agent. Organizations that have achieved true interoperability across tools, teams and AI will be able to respond more accurately to security issues. Multiplayer AI and agent-to-agent collaboration will lead the blueprints for resilience in the age of AI turbulence. Start by assessing your current environment for interoperability gaps, unify your tools and teams and empower your people with AI that amplifies—not replaces—their expertise. In the high-stakes game of identity security, victory belongs to those who play as a team. Forbes Technology Council is an invitation-only community for world-class CIOs, CTOs and technology executives. Do I qualify?
Zawya
5 days ago
- Business
- Zawya
CyberArk strengthens EMEA financial services and insurance leadership with appointment of Andy Parsons
Dubai, United Arab Emirates: CyberArk, the global leader in identity security, has appointed Andy Parsons as Director for the EMEA Financial Services & Insurance (FSI) Vertical. Andy will lead efforts to strengthen CyberArk's presence across the region, as financial institutions continue to invest in identity security and modernise their infrastructure. His appointment reinforces CyberArk's focus on supporting financial services and insurance customers across EMEA with solutions that meet their evolving security, regulatory and operational needs. Andy brings over 35 years of experience in engineering, technology, leadership and strategy — including 25 years in financial services. He has held senior roles at global institutions such as HSBC, Citi, JP Morgan, Mastercard and Admiral Insurance, serving as CIO, CTO, CISO and CRO. 'The FSI business in EMEA continues to thrive as companies prioritise resilience and embrace a modern identity security model,' said Christophe Escande, Head of Industries GTM, CyberArk. 'Andy's appointment reflects our ongoing commitment to this important sector. His deep industry knowledge and proven leadership will be instrumental in helping our customers protect what matters most in an increasingly complex threat landscape.' Andy joins CyberArk at a pivotal time, as the company builds on strong momentum for its identity security platform and continues to meet the evolving needs of regulated industries across the region.
Globe and Mail
12-06-2025
- Business
- Globe and Mail
How CYBR is Leveraging AI to Cement Its Identity Security Leadership
CyberArk CYBR is rapidly enhancing the capabilities of its identity security platform with AI integration. CyberArk Secure AI Agents Solution and CORA AI are two recent additions to its portfolio. CYBR is also working with Accenture to enhance its identity security platform with Accenture's AI Refinery. The Secure AI Agent solution is designed to protect the AI Agents deployed by CyberArk's enterprise customers from prompt injection, credential leakage, and permission abuse. CORA AI serves as the intelligence engine embedded inside the Secure AI Agent solution. The integration of CORA AI and Secure AI Agents within CyberArk's identity security platform enables it to secure a full spectrum of identities, including human, AI and machine. For humans, the platform secures workforce access, IT systems, developer environments, and both managed and unmanaged endpoints. For AI, the platform secures AI agents and for machines, it protects certificates and workload access. As CyberArk continues to enhance its offerings with upgrades and AI implementation, customers keep on gaining value through improved cybersecurity solutions, safeguarding them from the rapidly evolving cyber threats. CyberArk's subscription ARR grew 65% year over year in the first quarter of 2025 and will continue to grow on the back of robust demand and continued innovations. For 2025, CyberArk expects revenues in the band of $1.313-$1.323 billion. The Zacks Consensus Estimate for the same is pegged at $1.32 billion, indicating year-over-year growth of 31.89%. How Competitors Fare Against CyberArk The broader identity security and access management space consists of several players, including CrowdStrike CRWD and Okta Inc. OKTA, which are also implementing AI in their products. Enterprises can now implement Identity Threat Protection with Okta AI to leverage AI and machine learning techniques for real-time detection of the entire spectrum of Identity attacks. CrowdStrike is another established player in the identity security space, providing unified, real-time protection across cloud, identity and endpoint. CRWD is enhancing its identity security platform with the implementation of AI copilots like Charlotte AI and agentic AI solutions like Charlotte AI Agentic Workflows. The identity security and access management market is expected to witness a CAGR of 8.4% from 2024 to 2029, according to a report by MarketsAndMarkets. All the players, including CrowdStrike, Okta and CyberArk, have ample scope to flourish in this space. CyberArk's Price Performance, Valuation and Estimates Shares of CYBR have gained 19.8% year to date compared with the Zacks Security industry's growth of 20.2%. From a valuation standpoint, CYBR trades at a forward price-to-sales ratio of 13.66X, lower than the industry's average of 14.54X. The Zacks Consensus Estimate for CYBR's fiscal 2025 and 2026 earnings implies year-over-year growth of 25.41% and 25.76%, respectively. The estimates for 2025 and 2026 earnings have been revised upward in the past 30 days. CYBR currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. Today, See These 5 Potential Home Runs >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CyberArk Software Ltd. (CYBR): Free Stock Analysis Report Okta, Inc. (OKTA): Free Stock Analysis Report CrowdStrike (CRWD): Free Stock Analysis Report
