Thought Leadership
Palo Alto Networks has completed its acquisition of CyberArk, making identity security a central pillar of its platform strategy.
According to Palo Alto Networks, machine identities now outnumber human identities by a ratio of 80 to 1. At the same time, 75 percent of organizations report that their permission models for human identities are outdated and overly permissive. Nearly 90 percent have already experienced an identity-centric security incident.
CyberArk’s technology extends privileged access controls from a small circle of administrators to all identities across the enterprise. By reducing standing privileges and limiting lateral movement, organizations should be able to stop identity-based attacks more quickly. According to company data, response times for security incidents can be accelerated by up to 80 percent.
Standalone operation and integration
CyberArk solutions will remain available as a standalone platform. In parallel, Palo Alto Networks is working on integrating them into its security ecosystem. Existing customers should experience no disruptions and will benefit from accelerated product development.
“The emerging wave of AI agents will require us to secure every identity—human, machine, and agent,” explained Nikesh Arora, Chairman and CEO of Palo Alto Networks. Customers can now manage privileged access across their entire hybrid cloud environment through the same provider they already trust for network security and security operations.
Stock listing in Tel Aviv planned
In recognition of CyberArk’s Israeli roots, Palo Alto Networks plans a secondary listing on the Tel Aviv Stock Exchange (TASE). The company intends to be listed there under the ticker “CYBR”—as a tribute to the CyberArk brand. The primary listing on NASDAQ under “PANW” will remain in place. If successfully implemented, Palo Alto Networks would be the largest company by market capitalization listed on the TASE.
CyberArk shareholders will receive $45 in cash plus 2.2005 shares of Palo Alto Networks per share. Palo Alto Networks will present its Q2 FY2026 quarterly results on February 17, 2026, at 10:30 PM CET.
