Aura has laid off 70 employees as a result of customer acquisition strategy changes just a year after raising $350 million. The layoffs came about as a result of an agreement inked with MetLife earlier this year that made it Aura's exclusive go-to-market partner for the employee benefits channel.
Ping Identity is making a $50 million bet it can integrate cutting-edge technology into its own stack through a new in-house corporate venture fund to support identity and access management technology startups. "We want to have a nice overall corporate strategy portfolio," says Ping's Anton Papp.
The need for more modern identity and access management capabilities such as biometric and passwordless authentication has been amplified by the COVID-19 pandemic and the shift to remote work, according to Forrester researchers Paul McKay and Merritt Maxim.
Issues with passwords are legion: too many to remember; inherent security weaknesses, and inconvenience, but while many look forward to the day when passwords are no more, for now they are ubiquitous because they are useful, and one of the best ways to enhance their security is through the use of a password manager.
Evolving to a zero trust architecture can be overwhelming for organizations, leaving many unsure of where they should even start. Cloudflare Chief Security Officer Joe Sullivan urges CISOs to break the journey into bite-sized chunks that can be easily digested.
Interest in passwordless authentication architecture continues to grow among U.S. government agencies and departments as they embrace more modern approaches to identity and access management, says Sean Frazier, federal chief security officer at Okta.
In the latest weekly update, Jeremy Grant, coordinator of the Better Identity Coalition, joins three editors at ISMG to discuss important cybersecurity issues, including where we are with passwordless, if we are getting closer to a U.S. federal privacy law, and next-gen authentication technologies.
The public-private Ransomware Task Force last year issued numerous recommendations for battling ransomware, and task force member Marc Rogers of Okta says that while the problem persists, better mechanisms are helping to blunt such criminal activity.
Organizations have created significant security challenges by rapidly migrating applications, data and workloads to multiple public clouds over the course of the COVID-19 pandemic, according to Abbas Kudrati of Microsoft and Upendra Singh of HCL.
There's a lot of confusion in the market around what constitutes zero trust architecture, and Zscaler founder, Chairman and CEO Jay Chaudhry believes firewalls and VPNs shouldn't be part of a system that's supposed to not trust anybody or anything by default.
Identity and access management has not been easy for security practitioners, and managing IAM governance is a tougher problem. Shane Read of Hex Trust, Mark Frogoso of Mynt (Globe Fintech Innovations, Inc.) and Varun Kakkar of Tricor Group share tips on IAM governance, including the need for a top-down approach.
Jeremy Grant of Venable says we are getting closer to eradicating the password. He says that in the next 12 to 18 months, "There will be a lot of uptake from big, consumer-facing brands to finally kill the password and let people instead create a passkey when they sign up for an account."
Cloud has a dirty little secret: While most say moving to cloud is inevitable, not everything today can or even should run in the cloud, says SecZetta's Richard Bird. He explains why hybrid approaches are here to stay and how security teams must respond, especially when it comes to identity.
Businesses have embraced zero trust architectures in an effort to increase their protection while reducing cost and complexity for the organization, according to iboss CEO Paul Martini. Martini says companies are turning to zero trust to more effectively protect their users, applications and data.
With the ongoing pandemic driving digital transformation and hybrid work, it's no surprise that the theme of this year's RSA Conference was "transform." Carrying forward that theme, RSA CEO Rohit Ghai says that channeling "disruptive forces at play" can be a powerful tool for driving needed changes.