KTR lays emphasis on cybersecurity at CyberArk opening in Hyderabad

HYDERABAD: CyberArk, global leader in identity security, announced the inauguration of a new research and development (R&D) facility in Hyderabad on Wednesday.

This is CyberArk's greatest concentration of R&D resources outside of Israel, and it would play a critical role in expediting the development and delivery of solutions aimed at safeguarding enterprises against cyberattacks that target identities and their access to high-value resources. Identity Security has evolved as a vital component of Zero Trust strategies, as well as a critical component of enabling cyber-resilient companies.

Peretz Regev, Chief Product Officer at CyberArk said, "The opening of the R&D centre in India aligns with CyberArk’s vision to deliver the world’s most advanced Identity Security platform,” “With attackers adopting more sophisticated methods, securing identities has become a crucial component of cybersecurity. Our new facility in Hyderabad supports our commitment to providing innovative identity-centric cybersecurity solutions for organizations globally".

KT Rama Rao, Minister of Municipal Administration and Urban Development, Industries & Commerce, and Information Technology, Government of Telangana said, "I am pleased to note that CyberArk, a global leader in Identity Security with operations in 110 countries and 8,000 customers worldwide has chosen Hyderabad to setup a significant R&D resource. Cybercrimes of the modern era demand advanced protection. In today's connected economy, having a robust security infrastructure is a must for any organization. We welcome established businesses like CyberArk to set up facilities to develop innovation for a more secure future. The Telangana government is committed to providing the best infrastructure and developing a talent base so that companies find it ideal to establish their development centres here".

In addition to product management and R&D teams, the facility also houses the company's Centre of Excellence for Marketing, as well as functions such as professional services and technical support. There are currently about 200 employees at the facility, with plans to gradually increase the headcount.

Rohan Vaidya, Regional Sales Director, India at CyberArk said, "The decision to locate our new facility in Hyderabad was strategic. India is a growing market for CyberArk and, on a macro level, one of the fastest-developing economies in the world, with a vast pool of skilled resources. Our new facility in Hyderabad will allow us to further improve our response to and support our customers and partners in India. It’s an investment for our global customer base and also part of our increased commitment to the market in India".