CyberArk

Campaign Target
Category: Challenging

Israeli identity security company specialising in privileged access management, serving 50%+ of Fortune 500, acquired by Palo Alto Networks for $25 billion in 2025

Listing: NASDAQ HQ: Israel Website Updated: 9 Jan 2026

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Decision-Maker Directory

Key individuals with influence over corporate partnerships and procurement decisions. Direct your correspondence to the most relevant role.

Matt Cohen
Chief Executive Officer
CEO following Palo Alto Networks acquisition
Public contact: Via corporate website or investor relations
Udi Mokady
Co-Founder & Former CEO
Founded CyberArk in 1999, led through Palo Alto acquisition
Public contact: Via corporate communications

Material Risk Framing

Frame your message around business risks. These talking points resonate with corporate stakeholders and institutional investors.

Legal & Compliance

Enterprise security software used by government and financial services; no direct military applications documented publicly

Financial & Investor

Acquired by Palo Alto Networks for $25 billion in 2025 (second-largest Israeli acquisition ever); creates pressure pathway through US acquirer

Reputational & Brand

B2B enterprise brand with relatively low public profile; 8,300+ customers including Fortune 500 creates broad but diffuse pressure surface

Operational & Supply Chain

Deep enterprise integration with PAM solutions; high switching costs but alternatives exist from BeyondTrust, Delinea, HashiCorp

Product Alternatives

Ethical replacements tagged by what matters to you: cost, quality, ethics, sustainability, or local sourcing. Make the switch today.

Privileged Access Management

Alternatives to CyberArk for identity and access security

BeyondTrust

Global

Privileged access and endpoint management

US-headquartered, comprehensive PAM platform

Direct Match

Delinea

Global

Privileged access management solutions

US-headquartered (Thycotic + Centrify merger)

Direct Match

HashiCorp Vault

Global

Secrets management and data protection

US-headquartered, cloud-native approach

Direct Match

Comparison Legend

Direct MatchClear substitute for the same product/service
CheaperLower cost option
Better QualityProven superior performance/reliability
More EthicalAvoids human rights, labour, or environmental harm
SustainableStronger eco credentials (materials, energy, lifecycle)
Local SupplierSupports domestic/regional economy instead of Israel
Palestine-FriendlyExplicitly supportive or aligned with justice for Palestine

Strategic Analysis

In-depth assessment of the company's position, vulnerabilities, and recommended approaches for effective engagement.

CHALLENGING PRIORITY TARGET MONITORING TARGET Strategic Vulnerability → Severity → Severity: 6.5, Vulnerability: 4.0

High severity, lower vulnerability — requires long-term divestment pressure

Learn about our methodology — companies are categorised based on severity (harm potential) vs strategic vulnerability (campaign leverage).

Why do these scores change?

Unlike static boycott lists, our targeting model is dynamic. This company's position on the matrix is re-evaluated continually as we verify new contracts, divestments, or policy changes. Your reporting directly impacts this score.

CyberArk represents a significant Israeli cybersecurity company that was acquired by Palo Alto Networks for $25 billion in 2025 - the second-largest Israeli tech acquisition in history. The company maintains its headquarters in Petah Tikva with approximately 1,200 employees in Israel including R&D operations in Beersheba. CyberArk's privileged access management technology is deeply embedded in enterprise security infrastructure, serving over 50% of Fortune 500 companies and a significant portion of the Global 2000.

Key Leverage Points

  • Palo Alto Ownership: US-headquartered acquirer creates domestic pressure pathway for US advocates
  • Enterprise Customer Base: Fortune 500 and government customers provide broad pressure surface
  • Competitor Availability: BeyondTrust, Delinea, and HashiCorp offer viable alternatives
  • Israeli Operations: Significant R&D and employment in Israel contributes to tech sector

Evidence Summary

CyberArk's Israeli origins are well-documented - founded in Petah Tikva in 1999 by Udi Mokady and Alon N. Cohen. While no direct military or surveillance applications are publicly documented, the company's success has contributed significantly to Israel's technology reputation and economy. The $25 billion Palo Alto acquisition demonstrates the scale of Israeli technology integration with US corporate infrastructure.

Engagement Strategy

Target Palo Alto Networks as US-based acquirer through investor engagement on Israeli subsidiary operations. Engage enterprise IT security teams on ethical sourcing policies and available alternatives. Document Israeli employment and economic contribution to support broader economic pressure campaigns. Note high switching costs and enterprise inertia mean immediate disengagement unlikely - focus on preventing new deployments and encouraging long-term transition planning to alternatives.

Evidence & Sources

Verified sources including NGO reports, regulatory filings, and primary documents. Use these to substantiate your correspondence.

News
2025-09-24
$2 Billion to Flow to Israeli Employees from Wiz, CyberArk, and Armis Deals

CyberArk's 1,200 Israeli employees expected to receive average $500,000 each, totalling NIS 2 billion in equity compensation

Open source
News
2025-07-30
Palo Alto Networks Acquires CyberArk for $25 Billion

Second-largest Israeli tech acquisition in history after Google-Wiz deal; deal expected to close H2 fiscal 2026 pending regulatory approval

Open source
NGO
2025-01-01
CyberArk Listed on Boycott Israel Database

Listed as Israeli cybersecurity company on boycott list citing Who Profits Research Center and BDS movement sources

Open source
Report
2024-06-01
Tech Employees Pay Over a Third of All Income Tax in Israel

Study shows tech workers contribute 36% of income tax revenue; CyberArk's 1,200 Israeli employees part of this economic pillar funding state operations

Open source
Corporate Statement
2024-01-01
CyberArk Office Locations

Confirms Petah Tikva headquarters and Beersheba R&D center in Israel with approximately 1,200 employees

Open source
Corporate Statement
2023-10-12
CyberArk CEO Statement: 'Our Hearts Are Broken, but We Will Prevail'

CEO Matt Cohen expressed solidarity with Israel; confirmed employees safe and announced plans to use India R&D to cover for staff called to military service

Open source
News
2023-10-12
How the Cybersecurity Industry Is Aiding Israel's War Effort

CyberArk confirmed a few global team members were called to support military effort; company 'well prepared to operate even in this environment'

Open source

Updates & Milestones

  1. Palo Alto Acquisition

    Acquired by Palo Alto Networks for $25 billion, second-largest Israeli exit ever

  2. Market Leadership

    Establishes position as market-leading PAM vendor with 8,300+ customers

  3. NASDAQ IPO

    Goes public on NASDAQ stock exchange

  4. Company Founded

    Udi Mokady and Alon N. Cohen found CyberArk in Petah Tikva, Israel

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