Latest news with #IdentitySecurity
Yahoo
2 days ago
- Business
- Yahoo
SailPoint's Data Access Security Achieves FedRAMP Moderate Authorization
SailPoint Inc. (NASDAQ:SAIL) is one of the best new tech stocks with huge upside potential. On July 8, SailPoint announced that its Data Access Security product, which is integrated within the SailPoint Identity Security Cloud, has achieved Federal Risk and Authorization Management Program/FedRAMP Moderate authorization. This authorization enables federal agencies, the defense industrial base, and other companies with federal contracts to access an integrated data access security solution designed to protect critical data within distributed workforces. A software company's engineer staring at a computer monitor with intense concentration. SailPoint Data Access Security is now available on AWS GovCloud and is authorized at the FedRAMP Moderate impact level. It aligns with key Federal Identity, Credential, and Access Management & NIST Cybersecurity Framework requirements. The FedRAMP-authorized SailPoint Identity Security Cloud is a SaaS-based solution that forms the foundation for zero trust by providing visibility and control over access to applications, systems, and sensitive data. SailPoint Inc. (NASDAQ:SAIL) delivers solutions to enable identity security for the enterprise in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. While we acknowledge the potential of SAIL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey.
Gulf Business
04-07-2025
- Business
- Gulf Business
Why identity security needs standardisation, AI, and a passwordless future
Mark Whelan, Head of EMEA Growth Markets at Okta. As organisations accelerate their digital transformation journeys, identity has become the new security perimeter, and the most critical layer of defence against modern cyber threats. Yet, with a growing number of SaaS applications, fragmented security frameworks, and evolving compliance mandates, securing identity is more complex than ever. Okta, a global leader in identity and access management, is working to change that. From championing a new Identity Security Standard to rolling out AI-driven threat protection and embracing a passwordless future, the company is aiming to redefine how enterprises approach identity. Mark Whelan, Head of EMEA Growth Markets at Okta, shares how the company is building a more secure, scalable identity ecosystem, and what lies ahead for the future of identity management. Q: What are the key objectives of the new Identity Security Standard, and how will it elevate identity protection across SaaS platforms? The Identity Security Standard initiative is about creating a unified, standardised framework to securing identity across all enterprise applications. Its core mission is to provide a common framework that SaaS builders can rely on to meet the increasingly complex security needs of their customers. By standardising identity practices, we aim to make enterprise apps secure by default, fostering an open ecosystem. This move enhances end-to-end security for enterprise SaaS platforms. Q: Okta's recent solutions like Governance and Identity Threat Protection aim to build a secure ecosystem. What sets Okta's approach apart from others in the industry? What differentiates Okta is our commitment to delivering complete and unified identity management. Our platform integrates seamlessly with existing IT ecosystems, which means customers don't have to choose between compatibility and innovation. We focus on high availability and always-on security, ensuring that protection is continuous and resilient. Importantly, we also emphasise user experience. There should never be a trade off between security and usability. Q: How does the Okta Secure Identity Commitment (OSIC) influence client security practices? Could you share any notable examples? One of OSIC's core focuses is promoting phishing-resistant authentication. Beyond that, it reflects our ongoing investment in next-gen tools, including the use of AI and emerging areas like Identity Security Posture Management. The results speak for themselves: clients have seen up to a 90% reduction in credential stuffing attempts over 90 days, and in just a single month, OSIC's protective mechanisms have blocked 2 billion potentially malicious access requests. These outcomes underscore how deeply OSIC is influencing operational security in real time. Q: How is Okta leveraging AI in identity security, and what role do you see AI playing in protecting against future threats? AI plays a pivotal role in our identity threat protection strategy today and will only become more critical moving forward. Currently, AI enables real-time threat detection and behavioural anomaly analysis, which means capabilities that are essential for identifying risks before they escalate. In the future, we see AI enhancing both security and user experience by analysing vast signals more efficiently and automating response mechanisms. This transition from reactive to proactive identity security means we can predict and prevent threats before they occur. Tools like Okta's AI-driven Identity Threat Protection are already showing how transformative this approach can be. Q: How does Okta ensure that new features effectively combat identity-based attacks, and what challenges do you face in staying ahead of these threats? We take a customer-first approach to product development, working closely with organisations to understand the challenges they face. This gives us a comprehensive view of the industry and the market. To address identity-based attacks, we rely on a combination of real-time risk monitoring, adaptive multi-factor authentication (MFA), and AI-powered detection. These systems continuously evaluate user behaviour, flag anomalies, and respond dynamically to threats—offering protection that extends far beyond the login screen. Of course, staying ahead isn't easy. The pace of attack sophistication is accelerating, and striking the right balance between robust security and seamless user experience is always a challenge. Our solution is to continuously evolve and integrate with a broad range of tools, ensuring we stay resilient as the ecosystem grows more complex. Q: Looking ahead, what major shifts do you expect in identity management over the next decade? That's the billion-dollar question. It's always tricky to predict the future, but some trends are already becoming clear. First, passwords are on their way out. Technologies like Passkeys are gaining traction, and we expect passwordless authentication to become the norm. Second, Zero Trust has gone from being a buzzword to a foundational principle; it's now standard practice, especially among digital-native organisations. We also anticipate stronger privacy regulations, and Okta is proactively building compliance and transparency into its solutions to help customers navigate this changing environment. Finally, AI will take centre stage. As it matures, AI will bring greater intelligence and automation to identity management, allowing organisations to predict and neutralise threats before they materialise.
Yahoo
28-06-2025
- Business
- Yahoo
Panasonic Adopts CyberArk for Enhanced Identity Security
CyberArk Software Ltd. (NASDAQ:CYBR) is one of the best software infrastructure stocks to invest in. On June 24, CyberArk announced that Panasonic Information Systems Co. Ltd., which is the IT strategy arm of the Panasonic Group, has successfully implemented the CyberArk Identity Security Platform. The deployment is a part of Panasonic's broader digital transition initiative, known as Panasonic Transformation/PX, which commenced earlier in May 2021. The primary goal of this implementation is to secure privileged access to thousands of servers, which include both Windows and Linux, across the entire Panasonic Group. Before this, Panasonic Information Systems relied on a manual approach to privileged access management, which led to inefficiencies and limited visibility into access requests and approvals. A data center with a repetetive design of computer servers, showing the companies' efficient and secure IT infrastructure. With the adoption of CyberArk Privileged Access Manager, a component of the CyberArk Identity Security Platform, Panasonic has now established a modern, automated, and centralized environment for managing privileged access. This system provides visibility into server access and details who accessed which server, when, and what actions were performed. Thereby creating an audit trail for improved post-incident investigations. Additionally, credentials and passwords are now automatically granted, hidden from users, and rotated within the CyberArk platform. CyberArk Software Ltd. (NASDAQ:CYBR) develops, markets, and sells software-based identity security solutions and services internationally. Panasonic Holdings Corporation researches, develops, manufactures, sells, and services various electrical and electronic products worldwide. While we acknowledge the potential of CYBR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
13-06-2025
- Business
- Globe and Mail
Identity Security Posture Management Market: Growing Trends, Future Outlook, Advance Technology And Forecast
"Microsoft (US), Cisco (US), Oracle (US), Palo Alto Networks (US), CrowdStrike (US), Check Point (US), Okta (US), Trend Micro (Japan), CyberArk (US), Ping Identity (US), SailPoint (US), BeyondTrust (US), ManageEngine (US), Mesh Security (US), Delinea (US), Silverfort (Israel), Veza (US), One Identity (US)." Identity Security Posture Management (ISPM) Market Size, Share, Growth Analysis, By Offering (Solutions, Services), Deployment Mode (On-premises, Cloud), Organization Size, Vertical and Region - Global Industry Forecast to 2029. The identity security posture management (ISPM) market is expected to reach a value of USD 33.1 billion by 2029, up from USD 13.7 billion in 2024, at a Compound Annual Growth Rate (CAGR) of 19.3%. The move to cloud services is driving the growth of the ISPM market by increasing the requirement for secure identity management in cloud environments and increasing the risk of identity-based threats. Identity security must be approached holistically due to the increasing complexity of cyberthreats. The adoption of ISPM solutions is being driven by the need for organizations to actively maintain and improve their security measures to protect against breaches and unauthorized entry, as hackers employ increasingly complex techniques to exploit identity weaknesses. Download PDF Brochure@ ISPM solutions enable organizations to unify and streamline identity governance across diverse environments, providing granular access controls, continuous monitoring, and automated responses to security incidents. By addressing these complexities, ISPM solutions bolster resilience against cyber threats, enhance compliance with industry regulations, and safeguard critical assets in today's interconnected digital landscape. Based on the offering, the solutions segment accounts for the highest market size during the forecast period. The adoption of ISPM solutions is driven by the increasing recognition of identity-related vulnerabilities as the weakest link in cybersecurity. Also, the adoption is driven by integrating AI and machine learning for proactive threat detection, the rise of remote work and BYOD policies, and the complexity of managing identities across hybrid IT environments, which underscore the need for robust ISPM solutions. These technologies enable organizations to achieve comprehensive visibility, enforce least privilege access, and automate identity governance, strengthening overall security posture and resilience against evolving cyber threats. By deployment mode, the cloud segment will grow at the highest CAGR during the forecasted period. The adoption of ISPM in cloud deployment mode is driven by the rapid migration of enterprise workloads to cloud environments, facilitated by trends such as digital transformation, remote workforces, and the scalability of cloud services. Organizations increasingly leverage ISPM cloud solutions to manage identities centrally and access across dispersed IT infrastructures, ensuring consistency, agility, and enhanced security. This approach allows for seamless integration with cloud-native identity services, robust API-based controls, and real-time monitoring capabilities, enabling businesses to mitigate risks effectively, comply with regulatory requirements, and optimize operational efficiencies in the evolving digital landscape. By region, Asia Pacific will grow at the highest CAGR during the forecast period. The Asia Pacific region comprises countries such as China, India, Australia, and Japan, leading in the ISPM market. Asia Pacific region is expected to register high growth rates in the ISPM market. China is the leading country in this market, with extensive adoption of ISPM technology in various sectors, including BFSI, government, and healthcare. Other countries in the region, such as Japan, are also witnessing growth in the ISPM market. The rapid digitalization of economies drives the ISPM growth, the increasing sophistication of cyber threats targeting businesses and government agencies, and the growing regulatory scrutiny around data protection and privacy laws. Also, there is a rising number of emerging startups in the region in the ISPM space. Request Sample Pages@ Unique Features in the Identity Security Posture Management Market ISPM solutions offer unified and continuous visibility into identity-related risks across hybrid and multi-cloud environments. They monitor identity configurations, permissions, entitlements, and behavior patterns to detect exposure points. This holistic view enables organizations to proactively address identity threats before they are exploited. A distinctive feature of ISPM is its ability to integrate seamlessly with existing IAM tools such as Single Sign-On (SSO), Privileged Access Management (PAM), and Identity Governance and Administration (IGA). This integration enables ISPM platforms to enrich data context, extend protection across the identity lifecycle, and improve identity hygiene. ISPM platforms use advanced analytics and AI/ML to assign risk scores to identities based on activity anomalies, overprivileged access, stale accounts, and policy violations. This helps security teams prioritize remediation efforts and focus on high-risk identities, ensuring efficient resource allocation. Unlike traditional periodic assessments, ISPM solutions perform real-time and continuous posture assessments, identifying misconfigurations and compliance gaps instantly. Automated policy enforcement ensures that security controls are consistently applied and deviations are corrected promptly. Major Highlights of the Identity Security Posture Management Market The ISPM market is witnessing significant growth due to the surge in identity-based cyberattacks, such as credential theft, lateral movement, and privilege escalation. Organizations are increasingly prioritizing identity security posture to defend against these advanced threats, especially in hybrid and cloud environments. With the widespread adoption of zero trust security frameworks, ISPM solutions have become essential in enforcing least privilege access and continuously validating identity posture. Enterprises are leveraging ISPM to align their identity and access controls with zero trust principles and reduce attack surfaces. The growing complexity of IT ecosystems, particularly due to the rise of multi-cloud and hybrid infrastructure, has fueled the demand for ISPM solutions. Organizations are seeking unified tools that provide centralized visibility and control over identity risks across disparate platforms and services. ISPM is increasingly being integrated with other cybersecurity solutions such as IAM, SIEM, SOAR, and Cloud Security Posture Management (CSPM). This convergence enables comprehensive risk detection and response capabilities, empowering security teams to act on identity threats faster and more effectively. Inquire Before Buying@ Top Companies in the Identity Security Posture Management Market Microsoft (US), Cisco (US), Oracle (US), Palo Alto Networks (US), CrowdStrike (US), Check Point (US), Okta (US), Trend Micro (Japan), CyberArk (US), Ping Identity (US), SailPoint (US), BeyondTrust (US), ManageEngine (US), Mesh Security (US), Delinea (US), Silverfort (Israel), Veza (US), One Identity (US), Radiant Logic (US), PlainID (Israel), Zilla Security (US), Adaptive Shield (Israel), AuthMind (US), Grip Security (Israel), Rezonate (US), and Sharelock (Italy) are the key players and other players in the ISPM market. CrowdStrike (US) is a leading cybersecurity company that protects endpoints, cloud workloads, identity, and data to stay ahead of current threats and prevent breaches. The company's main product, Falcon, utilizes artificial intelligence and machine learning to identify and stop cyber threats. The platform comprises EDR technology, threat-hunting abilities, and extensive threat intelligence. Furthermore, CrowdStrike provides an Identity Security and Protection Management (ISPM) module, which offers immediate visibility, detection, and defense against identity-focused attacks. Cisco (US) is a global networking and IT infrastructure leader renowned for its innovative connectivity, cybersecurity, and collaboration solutions. The company's comprehensive portfolio includes networking hardware, software, and services that support enterprises in their digital transformation journeys. Its Cisco is committed to driving technological advancements and providing robust security measures to protect digital assets. In August 2023, Cisco acquired Oort, a cybersecurity firm specializing in identity threat detection and response. This acquisition aims to enhance Cisco's security offerings by integrating Oort's advanced identity security capabilities, enabling more effective protection against identity-based threats and reinforcing Cisco's position as a leader in the cybersecurity industry. The company has a global presence in North America, Europe, Middle East & Africa, Asia Pacific, and Latin America. According to MnM's approach to evaluating the market, most businesses use inorganic growth tactics to hold onto their market share. These agreements cover alliances, acquisitions, collaborations, and partnerships together. Product launches and corporate growth activities are abruptly affected by factors such as government regulations. On the other hand, organizations are anticipated to embrace organic growth strategies to provide end consumers with ISPM solutions and professional services, which would assist businesses in boosting market revenue. Microsoft(US) is a major player in the Identity Security Posture Management (ISPM) market, offering solutions like Microsoft Entra and Defender for Identity to protect against identity-based threats. Its AI-driven security framework enhances access controls, detects anomalies, and strengthens zero-trust security for enterprises.
Yahoo
29-05-2025
- Business
- Yahoo
Okta Declines 16% Post Q1 Earnings: Buy, Sell or Hold the Stock?
Okta OKTA shares dropped 16.16% on Wednesday to close at $105.22 following first-quarter fiscal 2026 results on Tuesday. Although the company reported impressive earnings and revenue growth, the decline in shares can be attributed to slowing top-line growth expectations for the fiscal second quarter as well as fiscal 2026. Okta expects second-quarter fiscal 2026 revenues between $710 million and $712 million, indicating 10% year-over-year growth (11.5% year-over-year growth in first-quarter fiscal 2026). The current portion of the company's remaining performance obligations (RPOs) is expected in the 10-11% range. Okta anticipates non-GAAP earnings between 83 cents and 84 cents per fiscal 2026, OKTA still expects revenues between $2.85 billion and $2.86 billion, indicating 9-10% growth from the figure reported in fiscal 2025. Uncertainty in the federal business, along with challenging macroeconomic conditions, are headwinds for the company. However, Okta expects fiscal 2026 non-GAAP earnings between $3.23 and $3.28 per share, up from previous guidance between $3.15 and $3.20 per share. Year to date, Okta shares returned 33.5%, outperforming the broader Zacks Computer & Technology and close peers, including Microsoft MSFT, International Business Machines IBM and CyberArk CYBR. Shares of International Business Machines, CyberArk and Microsoft returned 18.4%, 14.5% and 8.5%, respectively. Image Source: Zacks Investment Research For second-quarter fiscal 2026, the Zacks Consensus Estimate for OKTA's earnings has been steady at 79 cents per share over the past 30 days. The earnings figure suggests 9.72% year-over-year growth. Okta, Inc. price-consensus-chart | Okta, Inc. Quote For fiscal 2026, the Zacks Consensus Estimate for Okta's earnings has been steady at $3.19 per share over the past 30 days. The earnings figure suggests 13.52% growth over the figure reported in fiscal earnings beat the Zacks Consensus Estimate in all the trailing four quarters, the average surprise being 13.53%. Okta benefits from strong demand for its new products, including Identity Governance, Privileged Access, Device Access, Fine Grained Authorization, Identity Security Posture Management, and Identity Threat Protection with Okta AI. Okta's Identity Security Posture Management and Privileged Access solutions are helping enterprises tackle non-human identities that comprise service accounts, shared accounts, machines and tokens. OKTA's innovative portfolio is helping the company win clients, driving top-line growth. It exited first-quarter fiscal 2026 with roughly 20,000 customers and $4.084 billion in RPOs, reflecting strong growth prospects for subscription revenues. Customers with more than $100 thousand in Annual Contract Value increased by 70 sequentially to 4,870. Okta's offerings include Okta AI, a suite of AI-powered capabilities embedded across several products, which empowers organizations to harness AI to build better experiences and protect against cyberattacks. Okta Platform and Auth0 Platform are compatible with public clouds, on-premises infrastructures and hybrid clouds. The Auth0 platform comprises the Auth0 Platform, Fine Grain Authorization, Highly Regulated Identity and Self Service. The combined governance portfolio of Okta Identity Governance, Lifecycle Management, and Workflows has surged 400% over the past three years to nearly $40 billion at the end of the fiscal first quarter. Okta is benefiting from a rich partner base that includes the likes of Amazon Web Services, CrowdStrike, Google, LexisNexis Risk Solutions, Microsoft, Netskope, Palo Alto Networks, Plaid, Proofpoint, Salesforce, ServiceNow, VMware, Workday, Yubico and Zscaler. Okta shares are overvalued, as suggested by the Value Score of F. In terms of forward Price/Cash Flow, OKTA is trading at 24.59X compared with the broader sector's 19.8X, suggesting a premium valuation. Image Source: Zacks Investment Research The stock is currently trading below the 50-day and 200-day moving averages, indicating a bearish trend. Image Source: Zacks Investment Research Despite having an innovative portfolio and expanding clientele OKTA suffers from challenging macroeconomic condition and a stretched valuation that makes the stock risky in the near currently has a Zacks Rank #3 (Hold), which implies that investors should wait for a better entry point to accumulate the stock. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Microsoft Corporation (MSFT) : Free Stock Analysis Report International Business Machines Corporation (IBM) : Free Stock Analysis Report CyberArk Software Ltd. (CYBR) : Free Stock Analysis Report Okta, Inc. (OKTA) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
