What is the Secure Digital Vault designed to do?

The Secure Digital Vault is specifically designed to store privileged account information securely, making it a fundamental component of the CyberArk Privileged Access Security solution. This vault employs advanced encryption and security measures to ensure that sensitive credentials, such as passwords and access keys, are protected from unauthorized access. By centralizing the management of these privileged accounts, the vault not only enhances security but also simplifies compliance with regulatory requirements by providing audit trails and access controls.

In contrast, the other options do not align with the primary purpose of the Secure Digital Vault. Storing employee personal data or facilitating cloud storage options does not reflect its core functionality, which focuses on safeguarding privileged access credentials. Similarly, while a backup solution is important in data management, it is not the primary role of the Secure Digital Vault within the CyberArk framework. Thus, the focus on privileged account information is what distinctly defines the Secure Digital Vault's purpose.