Can you share an instance where you used CyberArk to manage privileged access in a complex technological environment?

This question aims to assess your expertise in using CyberArk, a security solution, to manage privileged access and thereby enhance security in complex technological environments. To answer properly, you need to reflect on your personal experiences and describe a situation emphasizing on:

1. How you used CyberArk to manage privileged access.
2. The complexities of the technological environment and how CyberArk was used to navigate through them.
3. The impact of implementing CyberArk to secure privileged access in the context.

In my previous role at BGF Tech, we faced challenges ensuring appropriate access control to our myriad of different technological systems and devices. To manage this, I implemented CyberArk's Privileged Access Security (PAS) solution. We had interconnected systems including IaaS infrastructure, central database servers, and several microservices. CyberArk offered support for all these systems. I initiated the creation of a centralized vault to store and isolate all the privileged accounts from attackers and internal threats. Furthermore, we used its session management capabilities for real-time monitoring of privileged sessions, allowing us to detect suspicious activity immediately. The result was spectacular, we noticed about a 60% reduction in uncontrolled privileged access, and we could detect and respond to threats much faster than before.

In my current role at XYZ Corp, we have an extensive complex tech environment comprising cloud and on-premises components. CyberArk was instrumental in simplifying the management of privileged access. I led the team that implemented the CyberArk Cloud Suite for managing privileged access across the cloud-based components of the tech environment while we used their Enterprise Password Vault for the on-premise components. One key feature I used extensively was the Just-In-Time functionality. This allowed each user to get temporary, time-limited access to perform specific tasks. It helped minimize the attack surface by reducing the number of always-on privileges. As a result, we saw a considerable reduction in the number of privileged accounts while bridging the gap between cloud and on-premises security, giving the management a lot of confidence in our team's aptitude for reducing security risks.