In a strategic move aimed at fortifying its cloud security offerings, the forward-thinking security firm Delinea has announced its acquisition of Authomize, a recognized leader in cloud-based identity threat detection and eradication. This merger marks a significant milestone in Privileged Access Management (PAM) solutions, as Delinea seeks to augment its capabilities in safeguarding against identity-based attacks within the cloud environment.
Delinea, renowned for its commitment to providing secure solutions for extended Privileged Access Management (PAM), has set its sights on leveraging Authomize’s cutting-edge expertise in continuous online threat discovery and elimination. This strategic integration aims to bolster Delinea’s cloud-based PAM solutions, providing clients with advanced tools to strengthen privileged controls and ward off identity-based threats, such as account takeovers and insider breaches.
Addressing the multi-cloud challenge
Recent findings from a study conducted by Osterman Research highlight the urgency of the challenges faced by modern organizations. The study reveals that 80% of companies operate across multiple clouds, exposing them to increased security risks due to a lack of visibility into access protocols across various platforms. Furthermore, a concerning 76% of surveyed businesses admit to a lack of complete visibility into access policies and applications, making them more susceptible to threats.
Integrating Authomize’s capabilities into Delinea’s industry-leading PAM SaaS solutions represents a critical step in addressing these challenges head-on. Authomize’s Continuous Identity and Entitlement Management (CIEM) solution, which continuously monitors access privileges, usage changes, and connections across cloud services, SaaS applications, and Identity and Access Management (IAM) solutions, will now play a pivotal role in enhancing Delinea’s cloud-native platform.
Empowering organizations to combat identity threats
Art Gilliland, CEO at Delinea, emphasized the significance of this integration, stating that it will empower customers to proactively detect and mitigate active identity threats across SaaS applications, cloud infrastructures, and hybrid environments. The ultimate goal is to help organizations of all sizes reduce their exposure to identity-related risks, safeguarding their sensitive data and critical assets.
Phil Calvin, Chief Product Officer at Delinea, elaborated on the combined technologies’ capabilities, stressing their focus on continuous monitoring to provide comprehensive privilege controls. This unified approach within a consolidated cloud-native platform ensures heightened awareness and rapid response mechanisms, enhancing overall security measures against evolving identity threats.
Optimism in the integration
Dotan Bar Noy, CEO of Authomize, expressed optimism about the integration, highlighting the expansion of Delinea’s presence in the region through Authomize’s Israeli R&D center. Authomize’s Chief Technology Officer, Gal Diskin, echoed the sentiment and looked forward to addressing the increasing identity threats organizations across the industry face.
Delinea’s acquisition of Authomize signals a noteworthy development in cloud security and privileged access management. By joining forces with Authomize and integrating its cutting-edge CIEM solution, Delinea is poised to offer robust, cloud-native privilege controls vital in today’s multi-cloud environments. This strategic move not only strengthens Delinea’s market position but also equips organizations with the tools they need to combat identity-based threats effectively.
As the landscape of cyber threats continues to evolve, the collaboration between Delinea and Authomize is a testament to the industry’s commitment to innovation and security. With their shared vision and expertise, they are well-positioned to meet the growing demands of organizations seeking robust identity threat detection and elimination solutions in an increasingly complex digital landscape.