What does it mean to "check out" a password in CyberArk?

"Checking out" a password in CyberArk refers to the process of temporarily accessing a password stored in the vault for immediate use. When a user checks out a password, they are granted permission to retrieve and utilize it for a specific period, after which the password may be checked back in, ensuring that it remains secure and controlled.

This functionality is essential for maintaining security protocols and managing access to sensitive information. The process allows users to operate with necessary credentials while ensuring that access is monitored and audited. After checking out, the password can be used for tasks such as system maintenance, application access, or emergency situations. This practice promotes accountability because it records who accessed the password and when, thereby facilitating compliance with security policies.

In contrast, permanently deleting a password from the vault would remove it entirely, making it unavailable for future use. Sharing passwords is not a feature supported by CyberArk, as it contradicts the principle of least privilege and proper access control. Changing a password involves updating it in the vault rather than merely retrieving it for use. Thus, temporarily accessing a password accurately captures the essence of what it means to "check out" a password in CyberArk.