The 20 Coolest Identity Access Management And Data Protection Companies Of 2022: The Security 100
Increased data volume, government regulations mandating data protection and rising concerns around critical data loss in on-premises environments are expected to drive data protection market growth. From passwordless authentication to securing shared credentials, here’s what the 20 coolest identity management and data protection companies are doing.
Defending At Risk Data
Increased data volume, government regulation mandating data protection, and rising concerns around critical data loss in on-premises environments are expected to drive data protection market growth. The global data protection market expects to see a 9.1 percent compound annual growth rate (CAGR) over the next several years, going from $61.3 billion in 2020 to $113.4 billion by 2027, Valuates Reports said.
Seven identity management or data protection vendors bolstered their technological bona fides through acquisition. Some of the most notable deals include: Okta’s $6.5 billion purchase of customer identity and access management vendor Auth0; Microsoft’s buy of attack surface management firm RiskIQ for a reported $500 million; and HelpSystems’ acquisition of data loss prevention leader Digital Guardian.
Three identity management or data protection vendors on our list secured six-figure funding rounds, including: Jumio, which raised $150 million on an undisclosed valuation; OneTrust, which raised $210 million on a $5.3 billion valuation; and Transmit Security, which raised $543 million on a $2.2 billion valuation.
As part of CRN’s 2022 Security 100, here’s what the 20 coolest identity management and data protection companies are doing.
Acronis in July hired former GoDaddy executive Patrick Pulvermueller as its new CEO and tasked him with growing the company’s partner network and sales. Acronis Cyber Protect Cloud was enhanced in November to help MSPs deliver comprehensive protection across a greater set of workloads.
Board Member, CEO
BeyondTrust Cloud Privilege Broker helps organizations visualize and manage access risk across multicloud environments from a single interface. The company has updated Password Safe to enable Security Operations Centers and DevSecOps teams to deploy horizontal security protections, saving time for IT operations.
The BigID Access Intelligence app helps customers manage and reduce risk by providing them with file access management for their most critical data. The company’s Privacy Impact Assessment app aids customers in identifying, documenting and minimizing the risk associated with personally identifiable information.
Broadcom Adaptive Protection provides enhanced security that is automated and customized for each customer’s environment while ensuring zero impact on productivity. The capability gives customers an automated endpoint offering that strengthens protection, hardens systems and stops breaches.
Code42 Incydr Flows monitors, contains or resolves events and can be tailored by severity, contex t and priority level for the appropriate response to insider risk. The company’ Instructor microlearning offering, meanwhile, delivers actionable lessons to end users when they’re needed most.
Founder, Chairman, CEO
CyberArk advanced its Identity Security Platform to help secure high-risk access and broaden protection across cloud and hybrid environments. The company‘s Dynamic Privileged Access tool reduces the risk of standing access by provisioning just-in-time access to hybrid and cloud workloads.
Dell’s Managed Detection and Response powered by Secureworks Taegis XDR launched in April to secure endpoint devices, data center networks and cloud environments. The company debuted new endpoint security offerings for PCs in September to provide security verification and additional protections below the OS.
Druva Curated Recovery mitigates the impact of a ransomware attack, building an uncorrupted, unencrypted and malware-free recovery plan. The Druva Data Resiliency Cloud, meanwhile, helps customers manage data that has become increasingly fragmented across multicloud environments.
ForgeRock Autonomous Identity was updated in September to help teams heighten security by avoiding excessive access permissions and eliminating orphaned user accounts. The Organizations and Themed User Journeys features now help customers cut costs and increase brand loyalty with secure and highly personalized experiences.
HelpSystems purchased Agari in May to help businesses detect, defend against and respond to email attacks. The company also bought Digital Guardian in November to boost its data security portfolio and provide managed services around endpoint, network and cloud data loss prevention.
Jumio closed a $150 million funding round in March automate its identity verification offerings, expand the breadth of the Jumio KYX Platform and grow its suite of AML compliance services. The company bought 4Stop in December to help customers manage the identity life cycle with a single, unified platform.
Microsoft in June bought ReFirm Labs to help customers discover, protect and assess device risk at the firmware and network levels. The company in July also purchased RiskIQ to help customers understand their security posture and CloudKnox Security to give customers visibility into privileged access.
Okta bought Auth0 in May to address a broader set of customer identit y and access management use cases regardless of audience or user. The company also acquired workplace operations platform atSpoke in August to serve as a building block for Okta’s upcoming identity governance and administration offering.
OneTrust raised $210 million in April to help bring technology and strategic partners into its platform and create the technology fabric of trust in a single operational workflow. The company in September acquired Tugboat Logic to automate information security assurance and audit readiness for dozens of security frameworks.
Ping Identity bought bot detection and mitigation company SecuredTouch in June for $39.5 million to provide identity, risk and fraud teams with visibility into potential malicious activity. In September the company bought Singular Key for $73.2 million to streamline workflow creation across multiple identity technologies and platforms.
The RSA NetWitness Ransomware Defense Cloud Service leverages endpoint monitoring technology and domain expertise to hunt threat actors. RSA Archer in October debuted a tool to help customers prepare for greater pressure to track and report on the progress of their environmental, social and governance programs.
SailPoint in February 2021 bought Intello for $44 million to help customers secure SaaS applications that are outside the IT organization’s purview. A month later, the company bought ERP Maestro for $29.2 million to join identity security with separation-of-duty control monitoring for an organization’s most critical applications.
Board Member, CEO
Saviynt’s technology automates application provisioning, access reviews, role-based access, and life-cycle and privileged session management to improve security posture and lower costs. Customers can deploy Saviynt’s privileged access management offering on any application in their IT ecosystem.
Transmit Security in June raised $543 million and plans to grow its workforce over the next year to drive adoption of passwordless technology. The company’s products include BindID portable authentication using biometrics; FlexID to manage authentication, fraud detection and access controls; and WorkID passwordless workstation login.
Co-Founder, Chairman, President, CEO
Varonis DatAdvantage Cloud allows customers to prioritize their biggest cloud risks, proactively reduce their blast radius and conduct faster investigations. It correlates with privileges and activities across cloud stores, including AWS, Box , GitHub, Google Drive, Jira, Okta, Salesforce, Slack and Zoom