Cyber-Ark updates its Inter-Business Vault

Cyber-Ark Software announced the availability of version 5.0 of the Inter-Business Vault (IBV), its widely-used Managed File Transfer solution that provides both business and IT departments with unprecedented governance over sensitive data exchange processes.

Traditional MFT focuses on technical and operational aspects of file-transfers, such as multi-protocol support, secure communications, third party provisioning, administration and management. Cyber-Ark’s Managed File Transfer solution, the Inter-Business Vault, extends traditional MFT out of the IT/Security departments, allowing business departments to also apply their policies and govern file-transfer processes from their business perspective. IBV uses simplified business terminology to provide an intuitive way to build and govern business processes, and cross the chasm of mapping the business terminology to the technical level of files and protocols.

The new features of IBV 5.0 include:

• Secure File Exchange (SFE) web-portal – A new web-based web application offers an intuitive UI for business users and third party users to exchange files. This new web portal provides seamless, worldwide, 24×7 connectivity while maintaining the highest level of security. It is completely brandable, so its look and feel can be easily changed to fit in any existing customer facing website.
• Management of file-transfer processes is simplified – Provides intuitive mapping of business processes into governed file-transfer services, resulting in secure, reliable and auditable information exchange.
• Streamlined third party enrollment – Enables “ad-hoc” secure connectivity with third parties without IT involvement, yet with IT governance.