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LONDON - November 19, 2012 – Cyber-Ark® Software, the leading global information security provider for protecting and managing critical applications, identities and sensitive information, today announced that Cyber-Ark's Privileged Identity ManagementSuite has won the “Security Innovation of the Year” award at this year’s UK IT Industry Awards. The award was presented at the Battersea Park Events Arena in London on Wednesday, November 14, 2012.

The UK IT Industry Awards are judged by a panel of experts in conjunction with Computing and the BCS, the Chartered Institute for IT. The awards are amongst the most respected and prestigious in the IT sector, recognizing individual, organizational, technology and project excellence in the UK over the past 12 months.

The Privileged Identity Management Suite is an enterprise-class, unified policy-based solution that secures, manages and monitors privileged accounts and activities across the data center, whether on-premise or in the cloud – satisfying compliance requirements, as well as proactively protecting against internal and external threats.

“We are thrilled that the PIM Suite has been recognized for this award in such a highly contested category,” said Udi Mokady, president and CEOof Cyber-Ark Software. “Cyber-Ark is committed to helping customers address their security challenges with its innovative privileged identity management solutions. It’s a real honor to win this recognition and we look forward to continuing to build on this success by providing solutions that meet the needs of our customers worldwide.”

About Cyber-Ark
Cyber-Ark® Software is a global information security company that specializes in protecting and managing privileged users, sessions, applications and sensitive information to improve compliance, productivity and protect organizations against insider threats and advanced external threats. With its award-winning Privileged Identity Management, Privileged Session Managementand Sensitive Information ManagementSuites, organizations can more effectively manage and govern data center access andactivities, whether on-premise, off-premise or in the cloud, while demonstrating returnson security investments. Cyber-Ark works with more than 1,100 customers, including morethan 35 percent of the Fortune 100.
Headquartered in Newton, Mass., Cyber-Ark has officesand authorized partners in North America, Europe and Asia Pacific. For more information, please visit www.cyber-ark.com.

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