Latest news with #ArtGilliland
Associated Press
28-05-2025
- Business
- Associated Press
69% of Organizations Breached by Ransomware Over Past Year, Delinea Report Finds
SAN FRANCISCO, May 28, 2025 (GLOBE NEWSWIRE) -- Delinea, a pioneering provider of solutions for securing human and machine identities through centralized authorization, has unveiled new research highlighting how ransomware attacks have continued to surge over the past year, despite fewer victims paying. Over two-thirds (69%) of organizations globally have fallen victim to ransomware, with 27% being hit more than once. Meanwhile, attackers are harnessing AI to automate, scale, and sharpen their operations. Based on insights from over 1,000 IT and security leaders worldwide, the 2025 State of Ransomware Report reveals an increasingly volatile threat landscape driven by AI-powered attacks, stolen credentials, and Ransomware-as-a-Service (Raas). While only 57% of organizations paid ransoms, down from 76% in 2024, the frequency and impact of attacks continued to grow as threat actors turned to other tactics like extortion, with 85% of ransomware victims threatened with exposure. 'Ransomware has evolved into a shape-shifting, AI-enabled threat that no business can afford to underestimate,' said Art Gilliland, CEO at Delinea. 'In order to combat the sophistication of today's attacks, organizations must fight AI with AI and embrace proactive, identity security strategies like zero trust architecture, Privileged Access Management, and continuous credential monitoring to stay ahead.' AI: The Double-Edged Sword The report highlights the growing role of AI on both sides of the ransomware equation. Threat actors are using AI to automate phishing, impersonate trusted individuals via deepfakes, and accelerate attacks. At the same time, defenders are increasingly relying on AI to detect and respond to threats faster, with 90% of organizations now using AI in their ransomware defense strategies – primarily within Security Operations Centers (64%), for analyzing Indicators of Compromise (62%), and to prevent phishing (51%). Despite 90% of executives expressing concern over ransomware threats, many organizations continue to fall short in essential security practices, with only 34% enforcing least privilege access controls and just 57% implementing application control measures. Most victims reported extended recovery times, with 75% taking up to two weeks to recover. To learn more about the latest ransomware trends and ways organizations can better protect against attacks, download a copy of the report here: About Delinea Delinea is a pioneer in securing human and machine identities through intelligent, centralized authorization, empowering organizations to seamlessly govern their interactions across the modern enterprise. Leveraging AI-powered intelligence, Delinea's leading cloud-native Identity Security Platform applies context throughout the entire identity lifecycle – across cloud and traditional infrastructure, data, SaaS applications, and AI. It is the only platform that enables you to discover all identities – including workforce, IT administrator, developers, and machines – assign appropriate access levels, detect irregularities, and respond to threats in real-time. With deployment in weeks, not months, 90% fewer resources to manage than the nearest competitor, and a 99.995% uptime, the Delinea Platform delivers robust security and operational efficiency without complexity. Learn more about Delinea on LinkedIn, X, and YouTube. A photo accompanying this announcement is available at Media contact Justin Ordman Corporate Communications Director [email protected]
Yahoo
28-05-2025
- Business
- Yahoo
69% of Organizations Breached by Ransomware Over Past Year, Delinea Report Finds
AI accelerates both attacks and defenses, but critical security gaps persist Report 2025 State of Ransomware Report SAN FRANCISCO, May 28, 2025 (GLOBE NEWSWIRE) -- Delinea, a pioneering provider of solutions for securing human and machine identities through centralized authorization, has unveiled new research highlighting how ransomware attacks have continued to surge over the past year, despite fewer victims paying. Over two-thirds (69%) of organizations globally have fallen victim to ransomware, with 27% being hit more than once. Meanwhile, attackers are harnessing AI to automate, scale, and sharpen their operations. Based on insights from over 1,000 IT and security leaders worldwide, the 2025 State of Ransomware Report reveals an increasingly volatile threat landscape driven by AI-powered attacks, stolen credentials, and Ransomware-as-a-Service (Raas). While only 57% of organizations paid ransoms, down from 76% in 2024, the frequency and impact of attacks continued to grow as threat actors turned to other tactics like extortion, with 85% of ransomware victims threatened with exposure. 'Ransomware has evolved into a shape-shifting, AI-enabled threat that no business can afford to underestimate,' said Art Gilliland, CEO at Delinea. 'In order to combat the sophistication of today's attacks, organizations must fight AI with AI and embrace proactive, identity security strategies like zero trust architecture, Privileged Access Management, and continuous credential monitoring to stay ahead.' AI: The Double-Edged Sword The report highlights the growing role of AI on both sides of the ransomware equation. Threat actors are using AI to automate phishing, impersonate trusted individuals via deepfakes, and accelerate attacks. At the same time, defenders are increasingly relying on AI to detect and respond to threats faster, with 90% of organizations now using AI in their ransomware defense strategies – primarily within Security Operations Centers (64%), for analyzing Indicators of Compromise (62%), and to prevent phishing (51%). Despite 90% of executives expressing concern over ransomware threats, many organizations continue to fall short in essential security practices, with only 34% enforcing least privilege access controls and just 57% implementing application control measures. Most victims reported extended recovery times, with 75% taking up to two weeks to recover. To learn more about the latest ransomware trends and ways organizations can better protect against attacks, download a copy of the report here: About Delinea Delinea is a pioneer in securing human and machine identities through intelligent, centralized authorization, empowering organizations to seamlessly govern their interactions across the modern enterprise. Leveraging AI-powered intelligence, Delinea's leading cloud-native Identity Security Platform applies context throughout the entire identity lifecycle – across cloud and traditional infrastructure, data, SaaS applications, and AI. It is the only platform that enables you to discover all identities – including workforce, IT administrator, developers, and machines – assign appropriate access levels, detect irregularities, and respond to threats in real-time. With deployment in weeks, not months, 90% fewer resources to manage than the nearest competitor, and a 99.995% uptime, the Delinea Platform delivers robust security and operational efficiency without complexity. Learn more about Delinea on LinkedIn, X, and YouTube. A photo accompanying this announcement is available at CONTACT: Media contact Justin Ordman Corporate Communications Director in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
13-05-2025
- Business
- Yahoo
Delinea Begins FedRAMP High Authorization Process for Secret Server
Industry-leading, enterprise-grade Privileged Access Management solution to bring the highest identity security standards to U.S. federal government in partnership with UberEther SAN FRANCISCO, May 13, 2025 (GLOBE NEWSWIRE) -- Delinea, a pioneering provider of solutions for securing human and machine identities through centralized authorization, has initiated the FedRAMP High authorization process for Secret Server, an industry-leading Privileged Access Management (PAM) solution. Delivered in partnership with UberEther, Secret Server's pending designation will enable Delinea to further its commitment to securing the public sector through modern, enterprise-grade PAM capabilities. FedRAMP High is reserved for best-in-class solutions that safeguard the U.S. government's most sensitive, unclassified data in any cloud environment. Achieving this certification will ensure Delinea's Secret Server meets the most stringent security and risk management standards required by U.S. federal agencies. 'We're thrilled to partner with Delinea to deliver a FedRAMP High Authorized PAM solution tailored to the U.S. federal government,' said Matt Topper, CEO at UberEther. 'With identity-based attacks on the rise, this collaboration allows us to tackle the evolving security challenges of the public sector head-on. Together, we're redefining identity security with innovative, flexible solutions designed to protect mission-critical cloud environments.' Delinea has teamed up with UberEther as a strategic deployment partner, combining seamless PAM capabilities with secure infrastructure expertise. Secret Server is designed to help organizations protect critical access and eliminate identity-based threats by enabling IT administrators to: Store privileged credentials in a centralized, encrypted vault; Uncover all service, application, administrator, and root accounts; Automate provisioning, enforce password complexity, and rotate credentials; Delegate access through RBAC, workflows, and approvals for third parties; and Implement session launching, proxies, monitoring, and recording. 'Identity has become one of the primary attack vectors in the age of AI. As federal agencies modernize their environments to meet Zero Trust principles and government mandates, they need security partners they can trust to support the mission,' said Art Gilliland, CEO at Delinea. 'UberEther has been a fantastic partner and shares our unwavering commitment to operating and developing solutions with the highest levels of security. Together, we'll deliver innovative identity security solutions that meet FedRAMP High standards, demonstrating our dedication to the U.S. government.' Delinea has been named a leader in the top five leading analyst reports for PAM, including Gartner, Forrester, KuppingerCole, EMA, and Frost & Sullivan. To learn more about Delinea's Secret Server solution and sign up for a demo, visit: About Delinea Delinea is a pioneer in securing human and machine identities through intelligent, centralized authorization, empowering organizations to seamlessly govern their interactions across the modern enterprise. Leveraging AI-powered intelligence, Delinea's leading cloud-native Identity Security Platform applies context throughout the entire identity lifecycle – across cloud and traditional infrastructure, data, SaaS applications, and AI. It is the only platform that enables you to discover all identities – including workforce, IT administrator, developers, and machines – assign appropriate access levels, detect irregularities, and respond to threats in real-time. With deployment in weeks, not months, 90% fewer resources to manage than the nearest competitor, and a 99.995% uptime, the Delinea Platform delivers robust security and operational efficiency without compromise. Learn more about Delinea on LinkedIn, Twitter, and YouTube. CONTACT: Media Contact Justin Ordman Corporate Communications Director in to access your portfolio
Yahoo
24-03-2025
- Business
- Yahoo
TPG to Consider Public Offering for Software Firm Delinea
(Bloomberg) -- Delinea Inc., a cybersecurity company controlled by TPG Inc., is exploring an initial public offering, according to people with knowledge of the matter. They Built a Secret Apartment in a Mall. Now the Mall Is Dying. Chicago Transit Faces 'Doomsday Scenario,' Regional Agency Says LA Faces $1 Billion Budget Hole, Warns of Thousands of Layoffs New York Subway Ditches MetroCard After 32 Years for Tap-And-Go Libraries Warn They Could Be 'Cut off at the Knees' by DOGE The San Francisco-based company hired Goldman Sachs Group Inc. and Morgan Stanley ahead of a potential listing, said one of the people, all of whom asked not to be identified discussing confidential information. Deliberations are ongoing and details of any offering could change, the people said. Representatives for TPG and Goldman declined to comment. A spokesperson for Delinea said the firm is 'unable to speculate on future plans at this time.' Morgan Stanley didn't immediately respond to a request for comment. An IPO could build on momentum for first-time share sales in the US. New listings have raised $10.5 billion so far in 2025, though tech companies have mostly been absent from debuts over the past few years, data compiled by Bloomberg show. That's expected to change in the coming months, with cloud-computing firm CoreWeave Inc. marketing its IPO to investors and digital-payments firm Klarna Group Plc and ticket-selling platform StubHub Holdings Inc. filing for listings. The handful of tech IPOs in the past few years has mostly rewarded investors as they flocked to firms seen as benefiting from the artificial-intelligence boom. Just 17 tech firms have raised more than $100 million in US IPOs since the end of 2021, data compiled by Bloomberg show. Not all of those firms have done well, with shares of Thoma Bravo-backed SailPoint Inc. slumping 11% since it raised $1.38 billion in February. TPG formed Delinea in 2021 through the merger of Thycotic and Centrify, creating a provider of privileged-access management solutions for seamless security, according to a company statement. Delinea, led by Chief Executive Officer Art Gilliland, helps organizations secure critical data, devices, code and cloud infrastructure to help reduce risk, ensure compliance and simplify security. Delinea's annual recurring revenue is approaching $400 million, with such revenue now comprising 95% of total revenue under generally accepted accounting principles, the company said last week. (Updates with Goldman declining to comment in third paragraph.) A New 'China Shock' Is Destroying Jobs Around the World How TD Became America's Most Convenient Bank for Money Launderers The Richest Americans Kept the Economy Booming. What Happens When They Stop Spending? Tesla's Gamble on MAGA Customers Won't Work One Man's Crypto Windfall Is Funding a $1 Billion Space Station Dream ©2025 Bloomberg L.P. Sign in to access your portfolio
