SUNNYVALE, Calif., June 14, 2022 (GLOBE NEWSWIRE) — test point, Inc., a leading cybersecurity and compliance company, today announced a product integration between its CASB solution and Okta, giving customers the ability to detect and remediate suspicious logins for more than 7,000 cloud applications. federated through the Okta Identity Cloud. With this announcement, Proofpoint CASB now supports the detection and remediation of suspicious logins to cloud applications federated by three popular identity providers: Microsoft Active Directory, Okta, and Google, covering most of today’s enterprise applications. In November 2021, Gartner® Recognized okta as a Leader in the Magic Quadrant™ for Access Management with the highest “Ability to Execute” of all vendors tested.1
Driven in part by the ongoing pandemic, cloud account takeover is on the rise, costing businesses millions in resources and lost revenue. According to Ponemon Institute research, companies lose an average of $6.2 million per year from compromised cloud accounts, or about 3.5% of their total revenue. Respondents also reported 64 cloud account compromises per year on average, with 30% exposed to sensitive data. And things appear to be getting worse, with 50 percent of respondents saying the volume or frequency of cloud account compromises has increased over the course of 12 months.
“Proofpoint is proud to have the first CASB to protect users from account takeovers across Microsoft, Google and now Okta-federated cloud applications,” said Tim Choi, vice president of product marketing at Proofpoint. “Because our cloud security solutions integrate out-of-the-box, it greatly accelerates our customers’ cloud security journey by enabling their teams to automatically remediate account takeovers instead of wasting valuable resources on security efforts. manual response. With Proofpoint and Okta, organizations can reduce the chances of their users being compromised and respond faster when something goes wrong, so security teams can stay ahead of the next attack.”
“As the leading independent and neutral identity solution, Okta’s vision is to enable everyone to use any technology securely,” said Maureen Little, Okta’s vice president of technology partnerships. “Adding Proofpoint CASB to the Okta Integration Network helps move more organizations toward that vision, enabling joint customers to protect their end users from sophisticated account takeover attempts when they log into the more than 7,000 federated cloud applications. of Okta. We look forward to working with Proofpoint to keep more organizations safe as they adopt the best technology for their business.”
To learn more about Proofpoint’s CASB solutions, visit: https://www.proofpoint.com/us/products/cloud-security/cloud-app-security-broker.
To learn more about the partnership between Proofpoint and Okta, visit: https://www.proofpoint.com/us/partners/okta
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Gartner, Magic Quadrant for Access Management, Henrique Teixeira, Abhyuday Data, Michael Kelley,1St. November 2021
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About Proofpoint, Inc.
Proofpoint, Inc. is a leading cybersecurity and compliance company that protects organizations’ greatest assets and greatest risks: their people. With an integrated set of cloud-based solutions, Proofpoint helps businesses around the world stop targeted threats, protect their data, and make their users more resilient against cyberattacks. Leading organizations of all sizes, including 75% of Fortune 100 companies, trust Proofpoint for people-centric security and compliance solutions that mitigate their most critical risks across email, cloud, social, and security. the Web. More information is available at www.proofpoint.com.
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1 (Gartner | Henrique Teixeira, Abhyuday Data, Michael Kelley | 11/01/21).