Major Japanese real estate company uses CyberArk at the core of its cloud-first digital transformation strategy

CyberArk (NASDAQ: CYBR), the global leader in identity security, today announced that real estate company DAIKYO INCORPORATED (“DAIKYO”) has implemented the CyberArk Identity Security Platform to manage privileged access across its hybrid cloud and legacy environments, reducing risk and boosting efficiencies.

Headquartered in Japan, DAIKYO is a real estate company with one of the highest cumulative supply of condominiums in the country. The company’s Information Systems Department supports more than 10,000 employees both in DAIKYO and its seven subsidiaries. As part of a planned digital transformation journey incorporating increased use of cloud services to improve user experience and operational efficiency, DAIKYO and its subsidiaries has refocused from a limited perimeter-based security approach to a holistic strategy centered on identity security and enforcing Zero Trust.

DAIKYO and its subsidiaries implemented CyberArk Privilege Cloud - a Software-as-a-Service (SaaS) Privileged Access Management solution of the CyberArk Identity Security Platform - to apply intelligent privilege controls and provision secure access to company resources with vaulted credentials or Just-in-Time with zero standing privileges to 200 target systems.

CyberArk Privilege Cloud automates privileged credential rotation and session management for all identities, eliminates manual administrative tasks and safeguards credentials in DAIKYO and its subsidiaries’ hybrid environment. CyberArk enables cloud-based privileged access management within a single architecture, aligning with DAIKYO’s cloud-first strategy.

Osamu Kobayashi, General Manager, Information Systems Department, DAIKYO, said, “By automating privileged access to our servers and cloud services and streamlining our compliance audit processes, CyberArk has enabled us to substantially reduce the time taken on manual IT tasks. The increased productivity and improved incident response allow our team to better focus on our growing business operations.”

“CyberArk is pleased to support DAIKYO as it embarks on its cloud-focused digital transformation journey,” said Mitsuro Kakizawa, Regional Director for Japan, CyberArk. “By enabling the highest levels of security for its privileged identities, CyberArk protects DAIKYO’s key assets against an increasingly challenging threat landscape.”

About CyberArk

CyberArk (NASDAQ: CYBR) is the global leader in identity security. Centered on intelligent privilege controls, CyberArk provides the most comprehensive security offering for any identity – human or machine – across business applications, distributed workforces, hybrid cloud environments and throughout the DevOps lifecycle. The world’s leading organizations trust CyberArk to help secure their most critical assets. To learn more about CyberArk, visit https://www.cyberark.com, read the CyberArk blogs or follow on LinkedIn, X, Facebook or YouTube.

Copyright © 2024 CyberArk Software. All Rights Reserved. All other brand names, product names, or trademarks belong to their respective holders.

Investor Relations: Srinivas Anantha, CFA CyberArk 617-558-2132 ir@cyberark.com

Media: Nick Bowman CyberArk +44 (0) 7841 673378 press@cyberark.com

CyberArk Software (NASDAQ:CYBR)
Historical Stock Chart
From Dec 2024 to Jan 2025 Click Here for more CyberArk Software Charts.
CyberArk Software (NASDAQ:CYBR)
Historical Stock Chart
From Jan 2024 to Jan 2025 Click Here for more CyberArk Software Charts.