Latest news with #BeyondID
Globe and Mail
3 days ago
- Business
- Globe and Mail
KeyData Cyber Acquires BeyondID to Create a Powerhouse in Identity Security
TORONTO and SAN FRANCISCO, August 12, 2025 /CNW/ - KeyData Cyber, a leading North American provider of end-to-end identity and access management (IAM) services, today announced its acquisition of BeyondID, a leading AI-powered, Managed Identity Solutions Provider (MISP) with deep expertise in the Okta platform and identity-first zero trust solutions.
Cision Canada
3 days ago
- Business
- Cision Canada
KeyData Cyber Acquires BeyondID to Create a Powerhouse in Identity Security
TORONTO and SAN FRANCISCO, August 12, 2025 /CNW/ - KeyData Cyber, a leading North American provider of end-to-end identity and access management (IAM) services, today announced its acquisition of BeyondID, a leading AI-powered, Managed Identity Solutions Provider (MISP) with deep expertise in the Okta platform and identity-first zero trust solutions. This strategic acquisition brings together two identity leaders to form a pure-play powerhouse in total identity security. The combined team brings unmatched depth and breadth across IAM, CIAM, PAM and IGA, with more than 200 identity experts and a proven track record for delivering complex programs for mid-market and enterprise customers across the private and public sectors. BeyondID complements and expands KeyData Cyber's expertise across advisory, implementation, and managed services, with support for every major identity platform including BeyondTrust, CyberArk, Microsoft, Okta, PingIdentity, SailPoint and Saviynt. The acquisition will establish BeyondID as a KeyData Cyber company, accelerating KeyData's growth strategy, expanding its delivery capacity and depth of resources globally. "Together, we are building a powerhouse in identity security," said Dustin Hoff, CEO of KeyData Cyber. "By joining forces with BeyondID, we are gaining expanded geographic reach, wider technology expertise, and Identity Command Center, an AI-powered technology platform to streamline service delivery and provide our clients with the best experience in the industry." "This is a pivotal moment for BeyondID and our clients. By joining forces with KeyData Cyber, we are combining deep identity expertise with AI-driven innovation to deliver a more complete, end-to-end security experience," said Arun Shrestha, CEO of BeyondID. "Together, we'll help organizations navigate complexity with confidence, transforming identity from a technical necessity into a strategic advantage." BeyondID's strong U.S. presence and expanded nearshore and offshore capabilities will add to KeyData Cyber ' s growing global footprint, enabling teams to meet client needs faster and with greater local alignment across a broader set of identity security services. Clients will benefit from deeper expertise across highly regulated sectors, and gain access to BeyondID's Identity Command Center, an AI-powered platform that orchestrates and automates identity-first, zero-trust solutions – from strategy blueprints to implementations to solution management. The combination of BeyondID and KeyData Cyber establishes one of the largest pure-play identity security firms in North America delivering the full-spectrum of identity security services, from Zero Trust and governance to privileged access and customer IAM under one roof. About KeyData Cyber KeyData Cyber is a leading North American cybersecurity firm specializing in Identity and Access Management (IAM). With 20 years of experience, we have managed more than 50 million identities and completed over 1,000 successful deployments. Our veteran team of certified consultants, architects, and engineers delivers comprehensive IAM solutions with unmatched expertise in highly regulated sectors. As trusted IAM partners, we help clients future-proof their organizations against evolving identity threats by delivering secure, scalable, and compliant programs tailored to business needs. About BeyondID BeyondID is a leading AI-powered, Managed Identity Solutions Provider (MISP). By delivering secure solutions and services that help manage digital identities, BeyondID enables organizations to control access to applications, data, networks, and devices while facilitating continuous regulatory compliance and ensuring seamless user experiences. With operations across 5 countries, and backing by Tercera, an investor specializing in AI and tech services, BeyondID has become a trusted partner to thousands of customers globally. More information about BeyondID can be found at
Forbes
07-08-2025
- Business
- Forbes
How Security Overconfidence Is Undermining Protection
Arun Shrestha, BeyondID CEO & cofounder, has 20+ years in enterprise software with leadership roles at Oracle, Sun, SeeBeyond & Okta. Confidence is critical in cybersecurity, but overconfidence can be dangerous. Recently, we've run into a troubling disconnect between organizations' perceived security strength and their actual security practices. This "confidence paradox" is quietly weakening enterprise defenses, leaving many companies more exposed than they think. Based on a report from my company, BeyonodID, a staggering 85% of organizations report being confident in their ability to detect a breach within 24 hours. Yet 72% of these same organizations experienced a security incident in the past two years. It's a jarring disconnect that raises serious questions about how companies are assessing their readiness. The data paints a clear picture: perception is outpacing performance. The Illusion Of Maturity Many organizations proudly claim their identity security is in good shape; 74% rate themselves as advanced or established. On paper, that sounds impressive. But when you dig into the basics, a different story emerges. Even though MFA is one of the simplest, most effective ways to block credential-based attacks, only 34% of smaller companies (with 26 to 100 employees) use it. There's a dangerous pattern here: a false sense of security. Leaders are confident in their defenses, but that confidence is often built on shaky ground. Without essential safeguards in place, the risks grow quietly, creating blind spots that leave organizations more exposed than they realize. Healthcare: High Stakes, High Risk Looking at healthcare as a key example, the stakes couldn't be higher. This is an industry entrusted with some of the most sensitive personal data, yet it's one of the most at risk. According to the 2025 Breach Barometer, healthcare data breaches broke records in 2024 with 1,160 incidents affecting patient and healthcare organization data alike. Meanwhile, healthcare organizations took an average of 279 days to identify and contain breaches, more than five weeks longer than the global average across all sectors. As attackers increasingly target smaller hospitals and clinics with fewer security resources, many fear that these organizations have become low-hanging fruit for ransomware groups. This gap between perception and reality isn't unique to healthcare, but here, the consequences are far more immediate and personal. It's not just about financial loss or reputational harm. It's about protecting lives and safeguarding trust when it matters most. Closing The Confidence Gap Bridging the gap between perception and protection starts with a mindset shift. Security leaders must take an unfiltered, data-driven look at their defenses. It's not enough to feel secure. Security needs to be proven. That requires routine audits, real-world penetration testing and assessments that measure what's truly happening, not just what policies suggest. Equally important is a return to the fundamentals. Basic security hygiene—enforcing multi-factor authentication for all users, adopting least privilege access and conducting regular user access reviews—must become non-negotiable. These are not advanced practices; they're the groundwork that keeps doors closed to attackers. Finally, organizations need to embrace a new reality: identity is the modern perimeter. As users, applications and AI agents connect from everywhere, securing identity is the clearest, most effective way to contain the impact of a breach. The confidence paradox can be solved, but only if leaders are willing to challenge their assumptions and prioritize action over appearances. Security isn't a checkbox, a dashboard or a feeling; it's a discipline. And the sooner organizations align their confidence with their actual capabilities, the stronger they'll be when the next threat comes knocking. Forbes Technology Council is an invitation-only community for world-class CIOs, CTOs and technology executives. Do I qualify?
Forbes
25-06-2025
- Business
- Forbes
Is Your Business Ready To Secure Non-Human Identities?
Arun Shrestha, BeyondID CEO & cofounder, has 20+ years in enterprise software with leadership roles at Oracle, Sun, SeeBeyond & Okta. The world's largest enterprise software providers—including Salesforce, Adobe and Oracle—are rushing to deploy enterprise-ready AI agents designed to boost productivity, automate workflows and streamline operations. Yet this wave of innovation brings with it an urgent and largely overlooked security threat: the explosion of non-human identities (NHIs). These include service accounts, API keys, machine credentials and, increasingly, autonomous AI agents that are deeply integrated into core business systems, entrusted with accessing sensitive data and executing tasks without human oversight. If compromised, AI agents could impersonate employees, exfiltrate confidential information or quietly disrupt operations at scale while evading traditional security measures. The Surge In Non-Human Identities Managing identity in the enterprise is no longer just about people. NHIs now outnumber human identities at a staggering rate. According to PwC, "It's estimated that an average of 45 non-human identities for every 1 human identity exist within an organisation," with some experts predicting this ratio will eventually reach 100:1. We estimate that there will be approximately 64 devices and AI agents for each online user by 2030, so with 5.5 billion people online today, this equates to managing 352 billion unique digital identities. Most organizations remain unprepared. Identity-first security has historically focused on protecting people. That mindset must expand immediately to include the growing ecosystem of devices, workloads, and autonomous agents powering modern enterprises. Why Every AI Agent Needs An Identity Salesforce's launch of Agentforce 2dx signals a new era of autonomous AI in the enterprise. According to Salesforce, these agents have handled over 500,000 customer conversations, and they're now resolving 84% of customer queries. Microsoft is following suit with Tenant Copilot and Agent Factory, embedding agentic AI as digital coworkers across enterprise environments. These developments underscore why identity management is no longer optional. Just as every human employee requires secure credentials, so too must every non-human entity. Without proper identity governance, compromised AI agents can operate undetected, extracting sensitive data or corrupting core processes. Building An Identity Fabric For Humans And Machines Organizations must evolve their identity security programs to account for the full spectrum of human and non-human identities, including: • Automated provisioning and deprovisioning of AI agents and machine credentials to avoid orphaned identities and minimize attack surfaces. • Fine-grained authorization controls to limit what autonomous agents are permitted to access or perform. • Unified access management (UAM) that spans human and machine identities across cloud and on-premises environments. • AI-powered anomaly detection to flag suspicious behavior that traditional tools might miss. • Cross-platform identity correlation to unify identity views and maintain compliance. Leading vendors like Okta and CyberArk are actively developing tools for securing NHIs and agentic AI, adding embedded authentication and governance controls to reduce risk. To stay competitive and secure in an AI-driven landscape, enterprises must adopt a forward-looking identity strategy that balances innovation with risk mitigation. Organizations must align the behavior of autonomous agents with internal security policies and governance frameworks to ensure that these agents act within established organizational boundaries. At the same time, companies must keep pace with evolving data and AI regulations to avoid compliance pitfalls, particularly as non-human identities become more prevalent. Finally, as AI agents transform traditional roles and workflows, businesses must invest in workforce transformation. Namely, reskilling employees to effectively collaborate with their digital counterparts and adapt to new operational models. Adapting Security For An AI-Powered Future The agentic AI market is projected to grow to $24.50 billion by 2030, at a CAGR of 46.2%. As adoption accelerates, the ability to govern NHIs will be a defining factor in whether organizations capitalize on AI or fall victim to its vulnerabilities. The rise of autonomous AI agents represents both a productivity breakthrough and a cybersecurity wake-up call. Organizations that adapt now, by modernizing identity security frameworks and treating every AI agent, device and workload as a first-class identity, will be positioned to thrive. Those that don't may find that their greatest competitive asset has become their most dangerous liability. Forbes Technology Council is an invitation-only community for world-class CIOs, CTOs and technology executives. Do I qualify?
Associated Press
04-03-2025
- Business
- Associated Press
BeyondID and Carahsoft Partner to Provide Security Solutions for the Public Sector
SAN FRANCISCO and RESTON, Va., March 04, 2025 (GLOBE NEWSWIRE) -- BeyondID, an AI-powered Managed Identity Solutions Provider (MISP), and Carahsoft Technology Corp., The Trusted Government IT Solutions Provider®, today announced a strategic partnership. Carahsoft will serve as BeyondID's distributor, making the company's identity management solutions and services available to the Public Sector through Carahsoft's reseller partners and NASA Solutions for Enterprise-Wide Procurement (SEWP) V, National Association of State Procurement Officials (NASPO) ValuePoint, OMNIA Partners, E&I Cooperative Services Contract and The Quilt contracts. This collaboration focuses on delivering identity management solutions to Public Sector agencies, including Government and Educational institutions. The partnership combines technology, services and expertise to help these organizations streamline identity protection for employees, constituents, students and other stakeholders they engage with digitally. By implementing these enhanced security offerings, organizations can improve compliance, protect their sensitive data against evolving cyber threats and optimize experiences for citizens and students while maintaining a secure identity management environment. 'We look forward to collaborating with BeyondID to meet the Public Sector's growing demand for complete identity management and security solutions,' said Steve Jacyna, Director of Innovative Cybersecurity Solutions at Carahsoft. 'This partnership will help Carahsoft and our reseller partners support agencies as they modernize their systems to meet ongoing security threats, streamline operations and ensure the protection of sensitive data.' BeyondID provides industry-leading identity solutions and services to help agencies reduce risk and manage the entire identity lifecycle, including discovery, integration, migration, deployment and monitoring. Its solutions are tailored to Public Sector requirements to ensure scalability, security and seamless integration with existing IT infrastructures. 'BeyondID is proud to partner with Carahsoft, a trusted name in the Government IT sector,' said Arun Shrestha, CEO and Co-Founder at BeyondID. 'By combining our identity management solutions including our Advisory Services, Integration Network and Security Operations Center with Carahsoft's strong presence and broad network, we'll help Government agencies ensure their data is secure while providing an outstanding user experience.' BeyondID's solutions are available through Carahsoft's SEWP V contracts NNG15SC03B and NNG15SC27B, NASPO ValuePoint Master Agreement #AR2472, OMNIA Partners Contract #R191902, E&I Contract #EI00063~2021MA and The Quilt Master Service Agreement Number MSA05012019-F. For more information, contact the Carahsoft Team at (703) 871-8548 or [email protected]. Explore BeyondID's solutions here. About BeyondID BeyondID is a leading AI-powered, Managed Identity Solutions Provider (MISP). By delivering secure solutions and services that help manage digital identities, BeyondID enables organizations to control access to applications, data, networks, and devices while facilitating continuous regulatory compliance and ensuring seamless user experiences. BeyondID has created Secure Total Experiences for organizations like TDECU, Inception Health, Johnson Financial Group, Biogen, Northern Trust, and Cone Health. More information about BeyondID can be found at Media Contact Cathy Summers +1 (415) 483-0480 About Carahsoft Carahsoft Technology Corp. is The Trusted Government IT Solutions Provider, supporting Public Sector organizations across Federal, State and Local Government agencies and Education and Healthcare markets. As the Master Government Aggregator® for our vendor partners, we deliver solutions for Cybersecurity, Artificial Intelligence and Machine Learning, MultiCloud, DevSecOps, Open Source, Customer Experience and Engagement and more. Working with resellers, systems integrators and consultants, our sales and marketing teams provide industry leading IT products, services and training through hundreds of contract vehicles. Visit us at Contact Mary Lange
