What is our primary use case?
In our company, CyberArk is used to manage passwords for IP use. We use CyberArk for managing and automatically changing passwords in our managed system and environment.
We use it for coding privileged sessions, but we also use another solution for that, and CyberArk is the backup for this.
We are using the latest version.
How has it helped my organization?
It improves security in our company. We have more than 10,000 accounts that we manage in CyberArk. We use these accounts for SQLs, Windows Server, and Unix. Therefore, keeping these passwords up-to-date in another solution or software would be impossible. Now, we have some sort of a platform to manage passwords, distribute the inflow, and manage IT teams as well as making regular changes according to the internal security policies in our bank.
CyberArk PAM gives us a single pane of glass to manage and secure identities across multiple environments. This is quite important for compliance reasons.
CyberArk PAM provides quantitative risk analysis for every human and machine identity in our environment. This has a big impact on reducing risk.
What is most valuable?
The PAM feature is the most valuable. It helps us to automate our jobs and administrative tasks.
It also gives us a lot of features for compliance. Using this type of software is required by Polish law in finance and business in Poland.
We use CyberArk’s Secrets Manager to secure and manage secrets and credentials for mission-critical applications. The newest GUI is much better than the older version. Now, it is quite good.
CyberArk PAM provides an automated and unified approach for securing access to all types of identities that we use. This is very important to us.
What needs improvement?
I would like advanced RPA in the basic license. CyberArk has RPA, but we would need to buy additional licenses. It is not out-of-the-box.
I would like better support.
For how long have I used the solution?
I have been using it for five years.
What do I think about the stability of the solution?
So far, we don't have any problems. We have implemented higher availability in CyberArk. So, maintenance or updates don't have an impact on our environment. We don't have performance problems or anything like that. The stability is very high.
I have had no problem with agility in this solution. Everything works fine and gives us an opportunity to act as we want.
What do I think about the scalability of the solution?
According to the information that I have, we simply add more servers if we need it or have additional business requirements. So, scalability is high.
There are about 155 users. Mostly, they are our IT administrators and developers.
This tool is used daily in our bank. We don't have plans to increase usage right now.
How are customer service and support?
We don't often contact technical support, but when we do it, the response could be faster and better.
How would you rate customer service and support?
Which solution did I use previously and why did I switch?
We didn't previously use another solution.
How was the initial setup?
The initial setup was complex. Our deployment took three months.
We needed to scale our environment and implement the correct number of servers to prepare for a working environment.
What about the implementation team?
Implementation of our CyberArk instance was done by an external company. It covered all our needs and requirements.
What was our ROI?
We have not seen ROI directly in money. However, we have seen ROI in quality. It increases security in our IT environment and provides the highest SLA for our systems.
CyberArk PAM helps save us time when it comes to onboarding new employees and providing them secure access to SaaS apps and IT systems. It is saving us about two to three days per new employee.
What's my experience with pricing, setup cost, and licensing?
We use an old model for pricing. The new model is a subscription model on the cloud.
The price of CyberArk support could be a little bit less. Otherwise, pricing is fine.
Which other solutions did I evaluate?
We did some benchmarking, without the tools, to compare the cost of maintenance and functionality. We compared CyberArk to Password Manager Pro from ManageEngine. CyberArk has more functionality and better stability, in our opinion. The price was very similar between the two solutions.
What other advice do I have?
CyberArk is a good technology partner. They help us a lot with maintenance and our security process management.
I don't have experience in the cloud using CyberArk. However, for on-premises environments, it works very well. I recommend it.
I would rate the solution as a nine out of 10.
Which deployment model are you using for this solution?
On-premises
Disclosure: PeerSpot contacted the reviewer to collect the review and to validate authenticity. The reviewer was referred by the vendor, but the review is not subject to editing or approval by the vendor.