Which service is known as the CyberArk Password Manager?

The correct answer refers to the CyberArk Password Manager, which is primarily facilitated by CPM Services. CPM stands for Central Policy Manager, a critical component of the CyberArk Privileged Access Security solution. Its main function is to manage and rotate passwords for various accounts systematically, ensuring that credentials are stored securely and comply with security policies.

CPM Services automatically updates passwords at defined intervals and manages the lifecycle of these passwords, which helps organizations reduce the risks associated with hard-coded credentials and unauthorized access. By leveraging CPM, organizations can audit, report, and adhere to compliance requirements while enhancing overall security posture.

The other options relate to different components or elements within the CyberArk framework. For example, CPM Vault refers to the storage location for passwords but does not actively perform the management function, while Vault.ini is a configuration file rather than a service responsible for password management. CPM Activity Logs document actions and changes made by the CPM but are not involved in the actual management of passwords.