Oleria Adaptive Security Launches to Transform and Modernize Access Management
23 Abril 2024 - 9:00AM
Business Wire
Oleria Adaptive Security powered by Oleria’s
Trustfusion Platform is now generally available as company onboards
enterprise and Fortune 500 customers
Oleria, a visionary provider of adaptive and autonomous identity
security, today announced the general availability of Oleria
Adaptive Security, powered by Oleria’s Trustfusion Platform. Oleria
Adaptive Security provides first-of-its-kind fine-grained
visibility into access and access usage at an individual resource
level – allowing CISOs and their teams to finally answer the
critical questions: Who has access to what? How did they get it?
What are they doing with it?
Identity security has become the new cybersecurity battlefront.
CISOs and their teams are increasingly challenged by the lack of
access visibility and control due to the limitations of legacy
Identity and Access Management (IAM) systems. Further, the
proliferation of SaaS applications and AI add complexity to this
evolving landscape. According to the 2024 IBM® Threat Intelligence
Index, 2023 saw a 71% year-over-year increase in attacks targeting
identities. For the first time ever, abusing valid accounts became
cybercriminals’ most common entry point into victim environments –
representing 30% of all incidents the IBM team responded to last
year.
Oleria fills a critical gap for security teams by bringing
together organization-wide access into a comprehensive access graph
powered by Oleria’s Trustfusion Platform. Oleria's adaptive
solution enables organizations to ensure that users have the right
access at the right time only as long as they need it, so
organizations can reduce risk, ensure compliance and reduce the
cost of managing access.
With Oleria Adaptive Security, CISOs and their teams can be
confident knowing that access and usage across their SaaS
applications are continuously evaluated. With the general
availability release customers are empowered to achieve the
following outcomes and more:
- Gain comprehensive visibility into fine-grained user access and
usage across the enterprise through Oleria’s intuitive Access
Graph. This enables security teams to proactively understand who
has access to what resources, how they got that access, and what
they are doing with it.
- Leverage real-time and continuous risk monitoring to make
informed, data-driven decisions about access risks. Teams will
receive actionable insights and remediation recommendations to
reduce the attack surface and enhance security posture.
- Identify and swiftly mitigate a wide range of access and
configuration risks, from anomalous login attempts to unauthorized
external sharing. Security teams can take immediate action and
safeguard critical resources.
- Effortlessly identify and remove outdated accounts and unused
permissions, reducing the organization's attack surface and
ensuring compliance with ease.
“Oleria was founded by security operators for operators to
propel identity security forward, eliminating the restrictive
limitations of legacy identity security technology and processes,”
said Jim Alkove, founding CEO of Oleria and former Chief Trust
Officer at Salesforce. “We’ve built the first adaptive identity
security product giving our customers full clarity and control of
their access, freeing their organizations from the restrictions and
risks of rigid legacy security operations, and allowing them to
collaborate and innovate at the pace of business.”
“We began seeing value quickly after implementing Oleria
Adaptive Security,” said Mark Carter, CIO and CISO of Vimeo, an
Oleria customer. “I was impressed by the comprehensive visibility
we had into our access, including over-provisioned accounts,
unintended access, and our coverage of multi-factor authentication.
Oleria’s simple user-friendly experience gave us both clarity and
direction on where to focus our efforts and the tools to easily
detect access issues.”
With Oleria’s Trustfusion Platform, Oleria is driving a quantum
leap in identity security, offering rapid, frictionless cloud
integration and comprehensive visibility. The platform advances
beyond traditional data collection methods, normalizing complex
access models and orchestrating them into a unified, human-readable
permissions framework. By harmonizing disparate data sources, the
platform sets the stage for access management built on a single
unified platform, enabling transformative identity and access
solutions from security to governance. Setting the stage for a
future of AI-driven innovation, the Trustfusion Platform empowers
organizations to achieve new levels of security, efficiency, and
agility.
The launch of Oleria Adaptive Security comes on the heels of
Oleria’s recent $33M Series A funding round led by Evolution Equity
Partners with participation from Salesforce Ventures, Tapestry VC,
and Zscaler. The funding has enabled Oleria to propel product
innovation and expand its leadership team with the additions of
former Microsoft and T-Mobile executive Jeremy Korst as Chief
Commercial Officer, and Head of Marketing Shana Glenzer, as well as
the appointment of Dr. Marty Trevino, former Global Technical
Director for the NSA, as Chief Science Advisor. Oleria recently
opened an engineering office in Bangalore, India under the
leadership of Head of Engineering Rajneesh Kumar.
“I’m proud of our team for their hard work leading this
paradigm shift for the identity security industry. We’re freeing up
business leaders to focus on their core business objectives, while
offering CISOs peace of mind that access is appropriate and risk is
minimized,” said Jagadeesh Kunda, co-founder and Chief Product
Officer of Oleria. “We’re excited about the positive responses to
these initial features and look forward to rapidly delivering even
more capabilities in the coming months.”
To learn more about how Oleria is transforming and modernizing
the identity security industry, visit www.oleria.com.
About Oleria
Oleria provides adaptive and autonomous identity security
solutions that help organizations accelerate at the pace of change,
trusting that their data is protected. Oleria enables organizations
to have comprehensive visibility into their access posture and
autonomously identifies and mitigates access risks before they can
be exploited. Founded by cybersecurity industry veterans with
decades of experience building and operating some of the world's
largest security programs, Oleria allows organizations to pursue
their best ideas, removing the barriers that keep team members from
collaborating. Oleria is backed by Evolution Equity Partners,
Salesforce Ventures, Tapestry Ventures, and other technology
luminaries. Oleria sets business free. For more information, please
visit www.oleria.com and follow Oleria on LinkedIn and Twitter.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240423646875/en/
Jess Melton oleria@walkersands.com