Dark Reading is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Cloud

5/13/2020
11:50 AM
50%
50%

CyberArk Acquires Idaptive for Identity-as-a-Service Tech

The $70 million deal is intended to help CyberArk strengthen its portfolio with secure and SaaS-based identity management.

CyberArk has confirmed plans to acquire Idaptive in a $70 million transaction. It intends to use Idaptive's tech to develop secure identity management based on a software-as-a-service (SaaS) and artificial intelligence (AI) approach.

California-based Idaptive was founded in 2018 to create next-gen access technology. Its portfolio includes single sign-on, multifactor authentication, and identity life cycle management for employee, third-party, machine, and consumer identities. CyberArk, a privileged access management company, plans to use this technology to develop a secure identity platform at a time when human, application, and machine identities are often given privileged access. 

"If not properly secured, these accounts create pathways for threat actors to execute increasingly targeted attacks and ultimately compromise an organization's most critical systems and assets," said CyberArk chairman and CEO Udi Mokady in an interview about the acquisition. 

Following the transaction, CyberArk and Idaptive will create a "SaaS-delivered, AI-based, security-first approach to managing identities and reducing risk," he said. This approach will put privileged access management at its core so it can manage and protect identities with different levels of privilege across hybrid and multicloud environments, Mokady added.

Read more details here.

 
Learn from industry experts in a setting that is conducive to interaction and conversation about how to prepare for that "really  bad day" in cybersecurity. Click for more information and to register
Dark Reading's Quick Hits delivers a brief synopsis and summary of the significance of breaking news events. For more information from the original source of the news item, please follow the link provided in this article. View Full Bio
 

Recommended Reading:

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
COVID-19: Latest Security News & Commentary
Dark Reading Staff 6/3/2020
Stay-at-Home Orders Coincide With Massive DNS Surge
Robert Lemos, Contributing Writer,  5/27/2020
Register for Dark Reading Newsletters
White Papers
Video
Cartoon Contest
Current Issue
How Cybersecurity Incident Response Programs Work (and Why Some Don't)
This Tech Digest takes a look at the vital role cybersecurity incident response (IR) plays in managing cyber-risk within organizations. Download the Tech Digest today to find out how well-planned IR programs can detect intrusions, contain breaches, and help an organization restore normal operations.
Flash Poll
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2020-4035
PUBLISHED: 2020-06-03
In WatermelonDB (NPM package "@nozbe/watermelondb") before versions 0.15.1 and 0.16.2, a maliciously crafted record ID can exploit a SQL Injection vulnerability in iOS adapter implementation and cause the app to delete all or selected records from the database, generally causing the app to...
CVE-2020-13783
PUBLISHED: 2020-06-03
D-Link DIR-865L Ax 1.20B01 Beta devices have Cleartext Storage of Sensitive Information.
CVE-2020-13784
PUBLISHED: 2020-06-03
D-Link DIR-865L Ax 1.20B01 Beta devices have a predictable seed in a Pseudo-Random Number Generator.
CVE-2020-13785
PUBLISHED: 2020-06-03
D-Link DIR-865L Ax 1.20B01 Beta devices have Inadequate Encryption Strength.
CVE-2020-13786
PUBLISHED: 2020-06-03
D-Link DIR-865L Ax 1.20B01 Beta devices allow CSRF.