Case Study: BAC Credomatic achieves stronger customer trust and reduced cybersecurity risk with CyberArk

Central America’s largest bank builds customer trust by using CyberArk to protect critical services

BAC Credomatic, Central America’s largest bank, needed to strengthen cybersecurity as it moved more applications to the cloud and faced a rising wave of phishing, ransomware, and other attacks. With millions of customers depending on its digital services, the bank turned to CyberArk to help protect identities, secure critical services, and meet strict regulatory requirements.

CyberArk implemented the CyberArk Identity Security Platform to protect privileged access, automate password rotation, and use privileged threat analytics to detect risky accounts and access rights. The solution also enabled fast, secure remote privileged access and integrated across BAC Credomatic’s mix of legacy systems, databases, operating systems, and cloud services. As a result, BAC Credomatic lowered its cybersecurity risk, improved its overall security posture, and strengthened customer trust.

BAC Credomatic

Vinicio Chaves

Senior Cybersecurity Manager