Cyber-Ark(R) Software, the leading global information security provider for protecting and managing critical applications, identities and sensitive information, today announced that the company has been named an Excellence award finalist in the Best Security Company category of the 2013 SC Awards. The designation recognizes the company for outstanding leadership and achievement in information security. In addition, Cyber-Ark's Privileged Identity Management solution was selected as a Reader's Trust Award finalist in the Best Identity Management Application category. The winners will be announced at the 2013 SC Awards U.S. ceremony to be held on Feb. 26, 2013 in San Francisco.

"The Cyber-Ark team is excited to be named a finalist in two SC Magazine Award categories that signify our dual commitment to product innovation and IT security industry leadership," said Udi Mokady, president and CEO of Cyber-Ark Software. "This industry honor recognizes the work of our entire team as we strive to redefine traditional approaches to security in order to secure organizations' critical assets and protect them from sophisticated and evolving cyber attacks."

With increased organizational awareness of the connection between privileged accounts and persistent internal and external security threats, Cyber-Ark continues to accelerate growth, fuelled by adoption of its Privileged Identity Management Suite. The company and the solution were selected as SC Award finalists from hundreds of entries submitted by IT security companies. Awards and entries are evaluated by SC Magazine's editorial team for their breadth of knowledge and experience in the information security industry.

"We're proud to acknowledge the achievements of Cyber-Ark and their Privileged Identity Management Suite as Excellence and Reader's Trust Awards finalists," said Illena Armstrong, vice president and editorial director of SC Magazine. "The cyber risks facing private and public sectors are almost unimaginable, but Cyber-Ark is one of a select few facing this challenge head-on to fend off the many would-be attacks."

The SC Awards, now in its 16th year, are the premier global recognition for information technology (IT) security professionals and products that defend against the myriad of security threats in today's corporate world. Winners of this year's SC Awards U.S. will be announced at a gala dinner and awards ceremony to be held in San Francisco on Tuesday, Feb. 26, 2013.