Rabobank implements Cyber-Ark vaulting technology in Singapore

Source: Cyber-Ark Software

Cyber-Ark Software, the information security software company that develops and markets digital vaults for securing and managing highly-sensitive information within and across global enterprise networks, today announced that Rabobank International Singapore Branch has selected Cyber-Ark's Network Vault to securely store, share and audit their critical information assets.

Cyber-Ark has had great success with their Vaulting Technology in the US, Israel and Europe and are now seeing a growing demand for their products in the Asia Pacific region.

Rabobank International Singapore Branch had selected Cyber-Ark's Network Vault after a thorough consultation and a trial testing period. Rabobank International is part of the Rabobank Group with headquarters in the Netherlands and offers, through its well-connected global network, corporate and investment banking services to private and business customers worldwide.

"We had been sourcing for a solution that could securely manage our critical information assets and Cyber-Ark's Network Vault was our first choice. As a triple-A bank, security is paramount for our business." said Lee Tze Ming – Regional Security Manager, Asia for Rabobank International.

Dan Dinnar - VP Regional Sales - Asia Pacific of Cyber-Ark Software said "Security is of utmost importance to a company like Rabobank, and by choosing Cyber-Ark they have an out-of-the-box solution which provides them with a best-in-class secure process whereby critical information assets can be archived, transferred and shared among the staff and authorized personnel.

Cyber-Ark's Network Vault solution provides a "safe haven" within the enterprise where all critical information assets can be archived, transferred and shared.

"As Cyber-Ark’s regional partner in Singapore we have had a lot of interest from the financial and banking sector" said Kwek Hong Sin - Managing Director - Quantiq International. "In our opinion Cyber-Ark's Vaulting Technology is the only true solution to fully address the complex issue of Administrative Password Management. It is exactly what our customers have been looking for."

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