Thoma Bravo has deepened its presence in the identity space, agreeing to buy ForgeRock for $2.3 billion just months after inking deals with Ping Identity and SailPoint. The deals mean that Thoma Bravo has spent $12 billion building a platform with expertise around CIAM and identity governance.
European lawmakers advanced legislation for a continentwide framework for digital identity after agreeing to provisions assuring online anonymity and local storage of digital documents. The European Commission first proposed in 2021 a framework for a digital identity accepted in all member states.
The latest edition of the ISMG Security Report discusses how adversaries have a new favorite tactic to circumvent MFA, why vendor Akamai is an appealing target for private equity, and what the industry can do differently to attract more females to leadership roles.
Passwords are supported everywhere. But, says Andrew Shikiar, executive director of the FIDO Alliance, "they have been proven time and time again to simply be unfit for today's networked economy." In this episode of "Cybersecurity Unplugged," Shikiar discusses how to move beyond passwords.
In the latest weekly update, ISMG editors discuss the industrywide implications of a teenager hacking into Uber's internal systems, key trends in the new Gartner SD-WAN Magic Quadrant report, and how ethics and security culture are center stage due to recent CISO revelations at Uber and Twitter.
Decentralized identifiers and verifiable credentials, in which consumers can use their digital identity credentials for a variety of tasks, have significant evolving potential within the realm of identity and access management, says Merritt Maxim, vice president and research director at Forrester.
Japanese conglomerate Hitachi has sold its small identity-as-a-service practice to Canadian software specialist Volaris Group to drive better execution around core products. The firm found it was easy to get lost within Hitachi given the conglomerate's size and focus on electronics and engineering.
NortonLifeLock and Avast completed their $8.6 billion merger Monday, forming a $3.5 billion consumer cyber protection behemoth with expertise across security, privacy and identity. The fully merged company will have fewer than 4,000 employees and will initially go to market as NortonLifeLock.
Bitwarden has raised $100 million to expand into new product areas including developer secrets, passwordless and privileged access management. The investment will help the firm debut new features for individual and business users and expand its footprint in Japan, Germany, France and South America.
A month after his firm was taken private in a $6.9 billion deal, SailPoint founder and CEO Mark McClain discusses the prospect of consolidation, emerging competition and plans to expand "more quickly and aggressively" in the identity governance space - thanks to Thoma Bravo's financial backing.
Why is business identity theft increasing, and what are the latest tactics fraudsters are using to scam businesses and gig workers? Eva Velasquez, CEO at the Identity Theft Resource Center, shares her views on how business identity theft has evolved over the years and how to prevent it.
One of the biggest challenges for cybercriminals is how to defeat multifactor authentication. New research has uncovered a criminal service called "EvilProxy" that uses a technique called session hijacking to steal session cookies to bypass MFA and compromise accounts.
CrowdStrike CEO George Kurtz says the size of the untapped opportunity around identity protection mirrors where the endpoint detection and response market was many years ago. The company saw over the last quarter a doubling of the number of customers subscribing to its identity protection module.
They’re necessary contributors to the business ecosystem, but there’s risk associated with third-party remote access, including bad actors lurking around every access point.
Identity and access management giant Okta says some customer data was exposed by the "relentless phishing campaign" that breached Twilio, which it uses to provide some SMS services. Twilio says attackers accessed data for 163 customer organizations.
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