The most beneficial feature in CyberArk Privileged Access Manager is its simple user interface. It is definitely advantageous. I also appreciate the enhancements that come along with the continual updates that are provided.
It has improved the organization by making it simpler to gain access to privileged credentials. There are so many accounts needed by most people now, and having a tool that can not only store those credentials for you but also manage them and give you easy access has made life a lot easier. The tool manages credential cycling, which is typically a pain for anybody, while providing a simple means to use them.
The solution is very good for protecting full levels of data privacy. We silo out different parts of the solution for access to to different types of infrastructure in the same way we would to our customers so that we can restrict who can get to something. In combination with our IM processes, we can be quite granular about who has access to what.
We can stay updated on regulations. The updates that are coming through help to keep the product secure and also add in updates and enhancements that give greater functionality and keep it relevant in terms of requirements.
The controls are fairly granular. We can control who can administrate it and who can use it and what they can use when they're using it. It has positively impacted visibility. As we leverage the product for administration of the product, we're able to be much more granular in how we provide the access. The audit controls allow us to see who is doing what, and when, it should be required.
It safeguards credentials. This is very important. The ability to have the product manage and maintain credentials and only provide them to authorized individuals, whilst not actually allowing them to retrieve those credentials, has become more paramount as we look to increase the security based on sort of ongoing real-world threats.
It's helping with compliance, specifically around securing and hardening of infrastructure. It allows us to harden while still maintaining usability.
In terms of operational efficiency, it depends on where you're coming from. Some things are more efficient, some things are a little less efficient yet more secure. It's that ongoing balancing act between operation efficiency and security that we must deal with.
We've been able to reduce the number of privileged accounts in the organization with the ability to have shared accounts. Since the credentials are not specific to a user and they're made available to a user for the duration of their session, we can reduce the number of privileged accounts we have within the organization. We've reduced the accounts by a half to a third between ourselves and our customers.