Security News
This all makes IAM solutions critical to any modern business, and two popular options in that category are Okta and Microsoft Azure Active Directory. Azure Active Directory is a separate cloud-based user management solution for Azure and web logins.
Two of the most popular IAM tools are Okta and Ping Identity. We'll take a look at how Okta and Ping are similar and different to help you decide which solution may be right for your business.
New cloud threat research from team Unit 42 at Palo Alto Networks reveals several security issues due to bad permissions handling and misconfiguration, which opens doors wide for threat actors. In cloud environments often composed of more than hundreds or thousands of workloads, every device or machine identity might be a risk for the cloud infrastructure.
28% of companies are using four or more public/private clouds today, but that is expected to more than double in two years to 65%. "As cloud service providers improve their security and data protection offerings, decision-makers increasingly realize they can't protect their firms' data on-premises as well as they can in the cloud. But migrating existing IAM tools and processes to multicloud IaaS, PaaS, and private clouds creates problems that firms must solve" according to the Forrester study. "According to the Forrester study, firms can't just lift-and-shift existing IAM tools from on-premises to the cloud," said Eric Olden, CEO of Strata Identity.
PlainID published a report, based on research conducted among IT and security professionals in North America and the UK. Among its headline findings, the report reveals that authorization is the rising priority in identity and access management, while organizations are also looking to consolidate and standardize access control and authorization. With the shift to identity-first security and with security perimeters now spread across data, APIs, applications and more, managing access has become highly complex, manual, and distributed across multiple systems.
The global consumer IAM market is projected to grow from $8.6 billion in 2021 to $17.6 billion by 2026, at a Compound Annual Growth Rate of 15.3% during the forecast period, according to ResearchAndMarkets. Based on application area, the healthcare segment will grow at the highest CAGR. The Healthcare segment is projected to witness the fastest growth rate of during the forecast period.
Hardware-based security tokens or dongles have gained popularity, particularly at the enterprise level. Tiny hardware devices are not without their challenges.
Ping Identity announced two of its Identity and Access Management solutions have been added to the Department of Homeland Security Continuous Diagnostics and Mitigation Approved Products List. Ping Identity's IAM capabilities align with the CDM program's goals by enabling secure interoperability and centralized access to federal data and resources.
GuidePoint Security announced the expansion of its Identity & Access Management consulting practice. GuidePoint's IAM consulting practice expands upon the company's existing capability of helping customers of all sizes evaluate, select, implement and maintain best-fit IAM solutions, to now also include program assessment and strategy and roadmap development.
According to the 200 CISOs and other security decision makers who participated in the survey, nearly 60% consider lack of visibility as well as inadequate identity and access management a major threat to their cloud infrastructure. 85% of organizations said they plan to increase their security spending this year, with a significant portion being allocated to cloud infrastructure security.