In which area does CyberArk ensure the governance and management of access?

CyberArk specializes in the governance and management of privileged accounts, which are particularly sensitive because they have elevated access levels that can significantly impact an organization's security posture. Privileged accounts often belong to administrators or applications that require access to critical systems and sensitive data. CyberArk provides robust features such as password management, session monitoring, and access controls specifically tailored to protect these accounts from unauthorized access and potential misuse.

By managing privileged access effectively, CyberArk helps organizations minimize risks associated with data breaches and insider threats. This focus on privileged accounts is pivotal as they are common targets for cyber attacks. The platform ensures comprehensive visibility and accountability for all activities conducted through these accounts, thus reinforcing security and compliance standards.

The other options, while related to security and access management, do not specifically align with CyberArk's primary focus on privileged accounts. Inventory controls and cloud-based applications, for example, pertain to broader asset management and cloud security but do not address the specialized needs of managing privileged accounts directly. Social media accounts, on the other hand, are not typically within the security governance framework that CyberArk is designed to address.