Access management

Silverfort Raises $116M to Deliver a Unified Layer of Identity Security Across All Enterprise Resources, Including Previously 'Unprotectable' Ones

Retrieved on:

Tuesday, January 23, 2024

TEL AVIV, Israel and BOSTON, Jan. 23, 2024 /PRNewswire/ -- Silverfort, the leading identity protection company, today celebrates raising $116M in series D funding, bringing the total amount raised to $222M. Brighton Park Capital (BPC) led the round, with participation from existing investors including Acrew Capital, Greenfield Partners, Citi Ventures, General Motors Ventures, Maor Investments, Vintage Investment Partners and Singtel Innov8. Mike Gregoire, founding Partner at BPC and former CEO of CA Technologies and Taleo, will join Silverfort's Board of Directors as the company scales and continues its journey to transform and lead the identity security market.

Key Points:

Silverfort celebrates securing $116M led by Brighton Park Capital to transform how companies secure identities.
Many critical resources found at every company cannot be protected by IAM and identity security solutions .
We look forward to reshaping the way identity security is done in every company, to effectively answer today's and tomorrow's cyber threats."
Learn more about how Silverfort helps businesses protect identities with its unified identity protection platform.

Silverfort Raises $116M to Deliver a Unified Layer of Identity Security Across All Enterprise Resources, Including Previously 'Unprotectable' Ones

Retrieved on:

Tuesday, January 23, 2024

TEL AVIV, Israel and BOSTON, Jan. 23, 2024 /PRNewswire/ -- Silverfort, the leading identity protection company, today celebrates raising $116M in series D funding, bringing the total amount raised to $222M. Brighton Park Capital (BPC) led the round, with participation from existing investors including Acrew Capital, Greenfield Partners, Citi Ventures, General Motors Ventures, Maor Investments, Vintage Investment Partners and Singtel Innov8. Mike Gregoire, founding Partner at BPC and former CEO of CA Technologies and Taleo, will join Silverfort's Board of Directors as the company scales and continues its journey to transform and lead the identity security market.

Key Points:

Many critical resources found at every company cannot be protected by IAM and identity security solutions .
The platform extends modern identity security measures to every enterprise resource, on-prem and in the cloud, including systems that no other solution can protect, in an effortless and instant manner.
We look forward to reshaping the way identity security is done in every company, to effectively answer today's and tomorrow's cyber threats."
Learn more about how Silverfort helps businesses protect identities with its unified identity protection platform.

Privileged Access Management Software Market Size to Grow USD 7.7 Billion by 2028 at a CAGR of 21.5% | Valuates Reports

Retrieved on:

Thursday, January 18, 2024

Cloud, Eye, Identity management, HIPAA, GDPR, Identity, IAM, Risk, Organization, SME, USD, Access management, SOX, PAM, Category, Growth, Risk management

The Global Privileged Access Management Software Market size is projected to grow from USD 2.9 Billion in 2023 to USD 7.7 Billion by 2028 at a CAGR of 21.5% during the forecast period.

Key Points:

The Global Privileged Access Management Software Market size is projected to grow from USD 2.9 Billion in 2023 to USD 7.7 Billion by 2028 at a CAGR of 21.5% during the forecast period.
A major factor driving the market for Privileged Access Management (PAM) is the increasing frequency and sophistication of cybersecurity attacks.
PAM simplifies the process of safeguarding access in complicated IT environments by offering a consistent and all-encompassing solution to privileged access management.
The market is growing because of the combination of Identity and Access Management (IAM) solutions with Privileged Access Management.

Privileged Access Management Software Market Size to Grow USD 7.7 Billion by 2028 at a CAGR of 21.5% | Valuates Reports

Retrieved on:

Thursday, January 18, 2024

Cloud, Eye, Identity management, HIPAA, GDPR, Identity, IAM, Risk, Organization, SME, USD, Access management, SOX, PAM, Category, Growth, Risk management

The Global Privileged Access Management Software Market size is projected to grow from USD 2.9 Billion in 2023 to USD 7.7 Billion by 2028 at a CAGR of 21.5% during the forecast period.

Key Points:

The Global Privileged Access Management Software Market size is projected to grow from USD 2.9 Billion in 2023 to USD 7.7 Billion by 2028 at a CAGR of 21.5% during the forecast period.
A major factor driving the market for Privileged Access Management (PAM) is the increasing frequency and sophistication of cybersecurity attacks.
PAM simplifies the process of safeguarding access in complicated IT environments by offering a consistent and all-encompassing solution to privileged access management.
The market is growing because of the combination of Identity and Access Management (IAM) solutions with Privileged Access Management.

Haver & Boecker Implements Single Sign-On (SSO) with Multifactor Authentication via P&W Netzwerk and BIO-key Europe to Secure and Streamline User Access

Retrieved on:

Wednesday, January 17, 2024

Identity management, SSO, MFA, International, Identity, IAM, Access management, Workforce, Single sign-on, Video game

The SSO integration is part of a strategic initiative to enhance efficiency and user experience for the Company’s employees.

Key Points:

The SSO integration is part of a strategic initiative to enhance efficiency and user experience for the Company’s employees.
Single Sign-on will allow access to multiple applications and services that, together with multifactor authentication, eliminate the complexity and lost time inherent in managing numerous passwords.
This modernization reflects the customer’s commitment to identifying and adopting innovative technologies that improve workplace productivity.
BIO-key is proud to team with P&W Network to support innovative solutions that deliver operational and security improvements for forward-thinking industry leaders like Haver & Boecker.”

ISG to Publish Reports on Cybersecurity Providers

Retrieved on:

Tuesday, January 16, 2024

At the same time, ISG will publish the U.S. Public Sector Cybersecurity – Solutions and Services report, covering providers with experience in providing cybersecurity protection to state, local, municipal and educational entities in the U.S.

Key Points:

At the same time, ISG will publish the U.S. Public Sector Cybersecurity – Solutions and Services report, covering providers with experience in providing cybersecurity protection to state, local, municipal and educational entities in the U.S.
Enterprise and public sector buyers will be able to use information from the respective reports to evaluate their current vendor relationships, potential new engagements and available offerings, while ISG advisors use the information to recommend providers to the firm’s buy-side clients.
“Security providers help clients navigate the cybersecurity landscape, where vigilance is crucial,” said Jan Erik Aase, partner and global leader, ISG Provider Lens Research.
For the U.S. public sector study, ISG has distributed surveys to more than 40 cybersecurity providers with experience serving U.S. public agencies.
Companies not listed as cybersecurity providers can contact ISG and ask to be included in the study.

Fargo, ND and Junction City, KS Choose BIO-key PortalGuard For Secure Access via Biometric Authentication

Retrieved on:

Thursday, January 11, 2024

Identity management, Information, MFA, International, IAM, Confidentiality, Access management

Implementing biometric authentication in Fargo and Junction City ensures a more robust and reliable defense against unauthorized access to the cities’ systems.

Key Points:

Implementing biometric authentication in Fargo and Junction City ensures a more robust and reliable defense against unauthorized access to the cities’ systems.
Beyond a superior user experience and better resiliency to phishing and social engineering attacks, customers save money by choosing BIO-key PortalGuard’s biometric factors.
The result is decreased reliance on costly physical identification factors such as hardware tokens, access cards, or users’ phones.
"By embracing BIO-key’s advanced biometric security measures, forward-looking cities raise the ceiling on what their IAM systems can accommodate for users and use cases.

BIO-key PortalGuard Wins 2024 Business Intelligence Group’s BIG Innovation Award for its Authentication Software

Retrieved on:

Wednesday, January 10, 2024

Identity management, MFA, International, As a service, FFIEC, Identity, NIST, IAM, Organization, Software, Access management, Workforce, FIDO, FTC, Cryptocurrency

“We are pleased to have been selected by Business Intelligence Group as a leader in the software category recognizing BIO-key for our advanced enterprise IAM solutions”, stated Mike DePasquale Chairman and CEO BIO-key.

Key Points:

“We are pleased to have been selected by Business Intelligence Group as a leader in the software category recognizing BIO-key for our advanced enterprise IAM solutions”, stated Mike DePasquale Chairman and CEO BIO-key.
“Innovation is driving our society,” said Maria Jimenez, chief nominations officer of the Business Intelligence Group.
Nominations were then judged by a select group of business leaders and executives who volunteered their time and expertise to score submissions.
After this rigorous selection process, BIO-key was named the winner of the BIG Innovation Award in the prestigious Software category.

Denmark’s Ministry of Foreign Affairs Bolsters Network Security via IT2Trust and BIO-key®

Retrieved on:

Monday, January 8, 2024

Virtual private network, Workforce, Foreign Affairs, International, Identity, VPN, IAM, Identity management, Ministry, Face, Access management, Public sector, Risk management

The Ministry chose IT2Trust to implement a state-of-the-art Virtual Private Network secured by BIO-key Europe’s AuthControl Sentry authentication solution.

Key Points:

The Ministry chose IT2Trust to implement a state-of-the-art Virtual Private Network secured by BIO-key Europe’s AuthControl Sentry authentication solution.
This deployment is part of the Ministry’s strategy to strengthen its digital capabilities in the face of evolving global cybersecurity challenges.
BIO-key Europe is proud to partner with IT2Trust to enhance the security and reliability of public sector digital infrastructure.
“The Ministry’s decision to work with IT2Trust reflects its commitment to adopting cutting-edge technology to protect sensitive information and maintain seamless global operations.

Virtusa Signs Strategic Collaboration Agreement with AWS to Unveil New Generative AI and Data Lab to Maximize Impact of AI

Retrieved on:

Wednesday, January 3, 2024

AWS, Synthetic media, Research, Gen, Quality control, IAM, AI, Amazon SageMaker, Generative, Artificial intelligence, AWS Glue, Machine learning, Virtual, Access management, SCA, Verint Systems, Information technology, Amazon Web Services, Medical device

As part of this collaboration, Virtusa has established an artificial intelligence (AI) and data lab, The Generative AI & Data Lab.

Key Points:

As part of this collaboration, Virtusa has established an artificial intelligence (AI) and data lab, The Generative AI & Data Lab.
This venture aims to expedite customers' data migration to the cloud and facilitate the modernization of their IT services by integrating AI, machine learning (ML), and Generative AI technologies.
The Generative AI & Data Lab provides a variety of offerings, including expediting customers' initial data and AI/ML launches to AWS and providing a customized approach to scale their competencies and processes for the future on AWS.
"The Virtusa Generative AI & Data Lab solidifies our dedication to driving efficient business modernization to create value for customers.