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Cloud identification entry administration (IAM) methods are a high-value goal for cybercriminals. Simply final month, hackers stole partial supply code from Okta, following a breach in March when a ransomware group managed to realize entry to Okta’s backend administrative methods.
Within the present risk panorama, organizations should be ready to answer breaches if their IAM answer fails.
AccSense, a steady entry and enterprise continuity platform for Okta, yesterday introduced it has raised $5 million in seed funding. AccSense says that cloud identification and entry administration options are weak to being compromised, and should be hardened with knowledge resilience and restoration capabilities.
To handle these weaknesses, AccSense offers enterprises with one-click restoration for Okta, alongside steady automated backups and the power to establish adjustments between totally different PiTs (cut-off dates). This implies organizations can restore knowledge quickly within the occasion of a breach.
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A brand new subsector of cloud IAM
In an period the place knowledge breaches are a matter of if, not when, organizations can’t afford to depend on cloud IAM options as infallible safety measures. Expert cybercriminals can discover methods to navigate round virtually any protection. This makes knowledge restoration a vital functionality in order that mission-critical knowledge stays accessible throughout a breach.
“The SaaS and cloud knowledge safety market is rising quick as corporations undertake cloud-based options and exchange their legacy on-prem merchandise. Scaling along with SaaS adoption are identification and entry administration options equivalent to Okta. However as we’ve not too long ago witnessed, the main IAM options are weak to focused cyberattacks,” stated Muli Motola, co-founder and CEO of AccSense.
In consequence, AccSense turns to catastrophe restoration to assist harden the prevailing defenses of Okta’s platform, which has a buyer base of over 14,000. On the identical time AccSense helps safety leaders higher perceive their IAM enterprise continuity posture and knowledge resilience.
“We offer safety and threat administration leaders an entire set of enterprise options to simply and shortly get better your total Okta tenant in minutes from cyberattacks or misconfiguration, decreasing downtime and related prices,” Motola stated.
The suppliers looking for to redefine IAM
AccSense’s answer sits inside the IAM market, which researchers estimate will attain a worth of $34.52 billion in 2028. It’s a part of a fast-emerging subsector that’s turning to steady entry administration so as to add an additional layer of safety to present identification safety options.
One other supplier that falls inside this subsector is Tevora, which offers enterprises with an identification resilience answer for Okta with SSO, automated knowledge backups and granular restoration choices on the consumer, group or utility degree.
One other competitor is Lyvoc, an Okta system integrator. It offers an answer to guard and monitor Okta tenants for adjustments and restoration, whereas securing consumer entry to functions with multifactor authentication and contextual entry.
In accordance with Motola, the principle differentiators between AccSense and these distributors are its use of one-click or automated failure, an RTO and RPO of 10 minutes, an air-gapped backup tenant and infinite knowledge retention.