International communications giant British Telecom has chosen Israel's Cyber-Ark Software to monitor and secure its privileged accounts, Yedioth Ahronoth reported. The deal is estimated at several million shekels.
As a large communications services company, providing a range of products to a vast number of business and consumer customers, BT’s infrastructure is complex and broad – covering numerous business units and many geographical regions. BT required a single solution, standardized across the global organization that could easily scale, as required.
This solution needed to complement BT’s existing security services, providing its rapidly expanding customer base with proven privileged access management.
Israeli company Cyber-Ark is the leading global information security provider for protecting and managing critical applications, identities and sensitive information.
Founded in 1999, the company employs 200 workers and recently raised $40 million with the help of the JVP venture capital fund and Goldman Sachs.
Cyber-Ark CEO Udi Mokady said that BT's choice is a reflection of the high level of security his company offers.
Gadi Tirosh, a partner at JVP, said: "This is further proof that Israel is a leading force in the cyber protection field."
Reuters contributed to this report