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BeyondID grabs $9M Series A to help clients implement cloud identity

TechCrunch

BeyondID , a cloud identity consulting firm, announced a $9 million Series A today led by Tercera. The company focuses on helping clients manage security and identity in the cloud, taking aim specifically at Okta customers. In fact, the firm is a platinum partner for Okta. It seems to be working.

Cloud 221
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Opal Security, which helps companies manage access and identities, raises $22M

TechCrunch

VC investment trends in the cybersecurity market suggest a sector in decline — at least within the context of recent months. According to Crunchbase, cybersecurity deal count fell during Q3 to 153 deals from 181 in Q2.

Company 248
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The AI cat and mouse game has begun

CIO

Cutting-edge solutions are available that utilize AI for detecting and validating identities and authorizing transactions in real time, offering a potent countermeasure against these sophisticated attacks. AI-based identity management and access control technologies are essential for enhancing cybersecurity measures.

Games 195
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The cyber pandemic: AI deepfakes and the future of security and identity verification

CIO

The era of AI deepfakes is fully upon us, and unfortunately, today’s identity verification and security methods won’t survive. In fact, Gartner estimates that by 2026, nearly one-third of enterprises will consider identity verification and authentication solutions unreliable due to AI-generated deepfakes.

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Addressing the insecurity of verified identities

CIO

Cybersecurity has been identity-centric since the first username and password appeared. Each additional identity check presents a roadblock between the user and the work they are trying to do. That’s a great approach for exhaustively verifying an identity, but far too cumbersome for logging into a workstation.

Policies 354
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Decentralized identity startup Spruce wants to help users control their sign-in data

TechCrunch

Keeping control over one’s own identity on the internet often requires a substantial sacrifice of convenience, so plenty of users have accepted the status quo of social media platforms being able to access and share their data freely, sometimes even in nefarious ways.

Data 190
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What you need to know about Okta’s security breach

CIO

In reaction to the attack, Okta support asked customers to upload an HTTP Archive (HAR) file to help troubleshoot issues. The potential damage of identity provider compromise Identity threats targeting IdPs have quickly become the attack vector of choice for many threat actors.