CyberArk, a Nasdaq company that provides identity security solutions, has opened a research and development centre in Hyderabad.
In addition to product management and R&D teams, the facility also houses the company’s Centre of Excellence for Marketing. There are currently about 200 employees at the facility.
“This location is our largest concentration of R&D resources outside of Israel. It will help accelerate development and delivery of solutions focused on protecting organisations from cyberattacks,” a CyberArk executive said.
“With attackers adopting more sophisticated methods, securing identities has become a crucial component of cybersecurity. Our new facility in Hyderabad would support our efforts in providing identity-centric cybersecurity solutions for organisations globally,” Peretz Regev, chief product officer at CyberArk, said.
Telangana IT and Industries Minister K T Rama Rao formally inaugurated the facility on Wednesday.
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.