Five Nines Newsletter - Volume 7

Five Nines Newsletter - Volume 7

Welcome back for the latest in identity and access management trends from industry leaders, companies, and news outlets around the globe.?

IAM is always evolving so we’re here to keep you ahead of the curve with the latest developments and trends.

?We hope you enjoy volume #7

?Stay Resilient ????



Trending IAM News: ??

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Globe Newswire’s Global Cloud Identity and Access Management (IAM) Market Report 2023

The global Cloud Identity and Access Management (IAM) market is projected to reach $33.9 billion by 2030, growing at a CAGR of 26.1% during the period of 2022-2030.

The report highlights that user provisioning and single sign-on are expected to experience significant growth in the coming years. The U.S. IAM market is estimated at $2.1 billion in 2022, while China is forecasted to reach $4.8 billion by 2030. The article also mentions the challenges faced by businesses in 2023, including inflation worries, supply chain disruptions, and the risk of a recession. Cloud IAMaaS continues to gain traction, driven by the increasing use of IoT infrastructure and the demand from small and medium enterprises. The report features key players in the market, such as Amazon Web Services, Microsoft Corporation, and Google Cloud.

Read the full report here



HashiCorp Expands PAM, Secrets Management Capabilities

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HashiCorp’s new privileged access management and secrets management capabilities tackles access issues and secret sprawl across the cloud environment.

With organizations shifting more of their workloads to the cloud, they need to change how they handle privileged access management. Instead of relying on SSH keys and IP address-based security, HashiCorp Boundary enables secure user access across the cloud.

Learn More



Taking Action During Women’s History Month: Elevating Women in Engineering

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During Women's History Month Okta focused on action over reflection. They chose to commemorate the trailblazers who came before us, encourage those leading today, and make plans that will inspire and improve the lives of women in the future.?

Find out more



Trending OKTA News:???

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OKTA just released the international Secure Sign-In Trends Report. This report examines billions of monthly logins made by employees and customers using the Okta Workforce Identity Cloud in over 16 different industries worldwide. The findings show that the use of multi-factor authentication (MFA) has almost doubled since 2020. Additionally, the report highlights that using phishing-resistant authenticators is the most secure and convenient option for users.

Read More Here



acsense: The Enterprise IAM Resilience Platform

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Protect Your Okta Tenant From Cyber Attacks & Human Errors

Schedule a Consultation or Demo



Podcasts????

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Identity At the Center’s Jim and Jeff talk with Huzefa Olia, Chief Operating Officer, and Mike Engle, Chief Strategy Officer for 1Kosmos talk about the state of identity proofing and passwordless protection.?Listen here



acsense on Demand???

Learn more about IAM resilience and how acsense can help you stay resilient. And sometimes, we just have a little fun. Check out this game of Guess That IAM Acronym from IDENTIVERSE. Check out our videos, hear about upcoming events, and more, all on the acsense YouTube channel.

Go To Our Channel



acsense Blog ???

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Git vs Secured Third Party Storage for IAM Backups

In an era where cybersecurity threats are escalating, the decision of where to store Identity and Access Management (IAM) backups has become crucial for organizational security. Should you store your IAM backups on your Git repository or in a third-party secured storage? We’ll delve into the pros and cons of each option to help you make an informed decision.

Read the post here



Upcoming Events ??

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Oracle Cloud World

Join us for Oracle CloudWorld. Get more learning from experts, more networking with peers, and more innovations to explore when Oracle CloudWorld returns to Las Vegas on September 18–21, 2023. Designed for all Oracle customers and partners, CloudWorld is the best place to learn about Oracle solutions—including infrastructure, databases, and applications—from the people who build and use them. Don’t miss this chance to discover the insights you need to solve your most complex business challenges.

Learn More



Navigate 2023: Identity Security Accelerated

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At this annual SailPoint event, you’ll walk away with the depth of identity security knowledge and the accelerated innovation needed to deliver world-class enterprise identity security.

Register Now



Speakers Corner???

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Marcus W.

20 Years of Ignored Identity Security: The Unseen Digital Time Bomb

As we mark two decades into the digital age, we face a formidable adversary: the relentless growth of digital risks and the under-appreciated time bomb of Identity Security.

For years, organizations striving to keep pace with the digital revolution have neglected their Identity Security needs, leaving them vulnerable to evolving threats. We've transitioned from the era of "SQL Slammer" in 2003 to dealing with advanced cyber attacks, ransomware, and identity theft today. The 'can' kicked down the road has ballooned into a pressing issue that could cripple our systems.

Consequences of this inattention are severe. Over 70% of breaches involve weak or stolen credentials, and the average cost of a data breach has risen by 10% in the past five years to a staggering $4.24 million per incident.

Are we ready to face these threats head-on? If not, it's time to change. It's time to take a proactive, mindful approach to our Identity Security needs and defuse the ticking time bomb.



Identity At The Center (Jim and Jeff)

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https://www.identityatthecenter.com/

The Identity at the Center podcast continues to drop weekly episodes every Monday. Jim McDonald and Jeff Steadman hit the jackpot of great guests at the Identiverse conference including:

#216 Mike Engle and Husefa Olia, 5 June

#217 Andre Durand, 12 June

#218 Gal Helemski, 19, June

#219 Ian Glazer, 26 June

Beyond that, upcoming episodes this summer will feature:

Martin Kuppinger

  • Eric Olden
  • Justin Richer
  • David Lee
  • Cassio Sampaio
  • Andrew Shikiar

… and many more!



Company Corner???

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Continuous Compliance: A Guide for IT Professionals

Read jumpcloud’s blog ?where they look at continuous compliance, its benefits, and its challenges. We’ll also examine how to simplify continuous compliance and how to keep up with the seemingly never-ending lists of requirements.



Ping Identity Launches PingOne Protect: a New Way to Protect Against Identity Fraud

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Learn more ?about PingOne Protect, a new fraud detection and risk management service to prevent account takeover and fake accounts while solving multi-factor authentication (MFA) fatigue for end users.



Cyberark Unleashes A New Era Of Web Browsing

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CyberArk has unwrapped a new identity-based browser that enables organizations to better protect against cyberattacks by securing employee and third-party access to company resources.

The Chromium-based browser is part of the CyberArk identity security platform. The browser supports enterprise zero trust initiatives with integrated security, centralized policy management and productivity tools in a familiar environment.

Read more here



MEME Of The Month:???

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Thank You For Reading!

We hope you enjoyed the July edition of the Five Nines newsletter!

Share with colleagues or follow us on?LinkedIn ?for more IAM resilient insights and trends.



About acsense:


Hailing out of Tel Aviv, Israel, the team at acsense, former EMC security veterans have been exposed to the most challenging IT and security ecosystems in the world.

Our mission is to help security and risk management leaders eliminate IAM as a single point of failure from threats like ransomware, insider threats and misconfigurations caused by human error. We deliver a state-of-the-art platform for access and business continuity, serving both workforce and customer IAM needs with one seamless solution.

Our platform features one-click recovery, constant data verification, periodic testing, and the ability to identify changes between Points in Time, making your IAM system resilient.

acsense is backed by Joule Ventures, Gefen Capital, Fusion and independent investors.?

To learn more,?click here ?to visit our site.

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