Latest news with #IdentitySecurityPosture
Yahoo
21-05-2025
- Business
- Yahoo
OKTA vs. Fortinet: Which Cybersecurity Stock Should You Bet On?
Okta OKTA and Fortinet FTNT are both major players in the field of cybersecurity. While OKTA focuses on identity and access management, providing cloud-based solutions that help businesses safeguard user data, Fortinet is a well-known provider of network security appliances and a Unified Threat Management network global security market is expected to benefit from growing usage of generative AI, machine learning and the cloud. Gartner expects global end-user spending on information security to hit $212 billion this year, growing 15.1% year over year. This bodes well for both Okta and Okta or Fortinet, which of these cybersecurity stocks has the greater upside potential? Let's find out. OKTA is benefiting from strong demand for its identity security solutions. An innovative portfolio that includes Okta Identity Governance, Privileged Access, Device Access, Fine Grain Authorization, Identity Security Posture Management and Identity Threat Protection with Okta AI is expected to help OKTA shares surge in rides on strong demand for new products, with more than 20% of fourth-quarter fiscal 2025 bookings from new products. OKTA's innovative portfolio is helping the company win clients, driving top-line growth. It exited fourth-quarter fiscal 2025 with 19,650 customers and $4.215 billion in remaining performance obligations, reflecting strong growth prospects for subscription revenues. Customers with more than $100 thousand in Annual Contract Value increased 7% year over year to 4, offerings include Okta AI, a suite of AI-powered capabilities embedded across several products, which empowers organizations to harness AI to build better experiences and protect against cyberattacks. Okta Platform and Auth0 Platform are compatible with public clouds, on-premises infrastructures and hybrid is benefiting from a rich partner base that includes the likes of Amazon Web Services, CrowdStrike, Google, LexisNexis Risk Solutions, Microsoft, Netskope, Palo Alto Networks, Plaid, Proofpoint, Salesforce, ServiceNow, VMware, Workday, Yubico and Zscaler. The company has over 7,000 integrations with cloud, mobile, and web applications and IT infrastructure providers as of Jan. 31, 2025. Fortinet continued to demonstrate strong momentum in network security, driven by its dominance in firewall deployments and secure networking. The company maintains its position as the most deployed firewall vendor globally.A key driver of Fortinet's performance has been the expansion of its unified Secure Access Service Edge (SASE) platform. Fortinet remains the only vendor to organically develop all core SASE capabilities within a single operating system, including next-gen firewall, SD-WAN, DDNA, Secure Web Gateway, CASB, and DLP technologies, improving user experience while reducing complexity and has been showcasing growing traction with its sovereign SASE solution, tailored for highly regulated sectors, such as finance and healthcare. This offering ensures full on-premise or in-country data control, addressing compliance needs without compromising performance. As a result, Fortinet's secure networking business is continuing to gain market share, supported by high performance and a unified approach to continues to invest in expanding its AI capabilities. The company currently holds more than 500 issued and pending AI patents. New AI capabilities like FortiAI Assist for automating security tasks, FortiAI Protect for advanced threat detection, and FortiAI Secure AI for protecting AI infrastructure are driving clientele. Year to date, Fortinet shares have appreciated 10.9%, while OKTA shares have surged 60.5%. Image Source: Zacks Investment Research Valuation-wise, FTNT and OKTA shares are currently overvalued, as suggested by a Value Score of D and terms of forward 12-month Price/Sales, Fortinet shares are trading at 11.38X, higher than OKTA 7.49X. Image Source: Zacks Investment Research The Zacks Consensus Estimate for Fortinet's 2025 earnings is pegged at $2.15 per share, up 1.9% over the past 30 days, indicating a 2.74% increase year over year. Fortinet, Inc. price-consensus-chart | Fortinet, Inc. Quote However, the Zacks Consensus Estimate for OKTA's fiscal 2026 earnings is pegged at $1.09 per share, unchanged over the past 30 days, indicating a 172.14% jump year over year. Okta, Inc. price-consensus-chart | Okta, Inc. Quote Both FTNT's and OKTA's earnings beat the Zacks Consensus Estimate in all the trailing four quarters. However, OKTA's average surprise of 204.9% is better than FTNT's surprise of 30.98%, reflecting a good quality of earnings beat on a consistent basis. Fortinet is benefiting from rising demand from large enterprise customers and growth in the company's security subscriptions. The company is gaining from the robust growth in Fortinet Security Fabric, cloud and Software-defined Wide Area Network (SD-WAN) offerings. However, OKTA is suffering from challenging macroeconomic conditions due to higher carries a Zacks Rank #2 (Buy) that makes it a better buy compared with Okta, which currently has a Zacks Rank #4 (Sell). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Fortinet, Inc. (FTNT) : Free Stock Analysis Report Okta, Inc. (OKTA) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error 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
Business Wire
07-05-2025
- Business
- Business Wire
RSA Announces New RSA Governance & Lifecycle ISPM Capabilities at EIC 2025
BERLIN--(BUSINESS WIRE)--RSA, the security-first identity leader, today announced new Identity Security Posture Management (ISPM) capabilities that will help enterprises proactively find and resolve security risks across hybrid and cloud environments. Built into the RSA ® Governance & Lifecycle identity governance and administration (IGA) solution, the new ISPM features address critical cybersecurity risks that result from cloud computing, remote work, and the growth of human and non-human identities. Combined with newly released RSA Governance & Lifecycle IGA enhancements, RSA ISPM innovations help organizations proactively reduce their identity attack surface. New AI-powered dashboards deliver proactive and actionable insights into policy violations, excessive entitlements, orphaned accounts, and other critical risks that can weaken security and compliance. RSA solutions don't stop at identifying risks: they go further by recommending specific actions to resolve issues, helping organizations move quickly from insight to resolution. Increasingly complex IT environments have made it impossible for organizations to gain a comprehensive understanding of their identity posture using traditional approaches to identity and access management, leaving them vulnerable to attacks, compliance fines, and other risks. To adapt to this evolving threat landscape, organizations are turning to ISPM, a new cybersecurity framework that complements traditional IGA functions by stressing comprehensive visibility, continuous risk assessment, and automated remediation of identity-related vulnerabilities. RSA Governance & Lifecycle provides the ISPM capabilities enterprises need to gain comprehensive visibility into their identity ecosystem. Its advanced dashboards, powered by AI, analyze identity data to proactively uncover vulnerabilities, prioritize risks, and deliver clear, actionable insights for admins, business leaders, and executives. The new RSA Governance & Lifecycle ISPM capabilities will be generally available in Q3 2025. 'Reactive identity security capabilities simply aren't sufficient for today's threats, which demand solutions that can proactively find, prioritize, and resolve identity risks,' said RSA CEO Rohit Ghai. 'Government agencies, banks, healthcare, energy, and other security-first organizations need a unified identity platform—including strong access security, enterprise-grade passwordless authentication, governance, and lifecycle operating in an ISPM framework—to stop cyberattacks, stay in compliance, and accelerate productivity.' 'For identity teams overwhelmed by data, the new AI-powered dashboards from RSA provide the proactive information they need to prioritize actions and enhance their security,' said RSA Chief Product and Technology Officer Jim Taylor. 'With more threats, higher compliance expectations, and shrinking cybersecurity budgets, the new RSA Governance & Lifecycle ISPM capabilities can help organizations do more—and more effectively—with less.' 'RSA Governance & Lifecycle provides organizations with the tools, visibility, and insights they need to mature their cybersecurity stance, proactively resolve risks, and fulfill audit requirements,' said Alaa Abdulnabi, RSA SVP and General Manager, International. 'These innovations ensure that high-security organizations can stay ahead of cybersecurity threats and operational challenges.' The new RSA Governance & Lifecycle ISPM capabilities and other solution enhancements announced at EIC 2025 offer key benefits for enterprises, including: Unparalleled visibility: Advanced dashboards offer a comprehensive view of identity risk across your entire environment, enabling organizations to take proactive measures to secure resources, reduce their attack surface, and prevent breaches before they happen. Actionable insights for everyone: Dashboards visualize complex data for admins, business leaders, and executives to coordinate and prioritize action. Easier, continuous compliance: New RSA Governance & Lifecycle ISPM capabilities make it easy to surface the evidence auditors need, highlight areas that require attention, and reveal opportunities to reduce risk—all while maturing Zero Trust architecture and aiding with GDPR, SOX, ISO 27001, SOC 2, and other compliance initiatives. RSA Governance & Lifecycle provides these capabilities in a solution recognized for its flexible deployment options, comprehensive visibility, and engaging gamification features that drive a culture of compliance and boost user satisfaction. These capabilities make RSA Governance & Lifecycle a powerful tool for enterprises looking to enhance their ISPM strategy, while simplifying governance and lifecycle management. EIC attendees can meet RSA at Booth 7 to preview these new innovations. They are also invited to join RSA Field CTO International Ingo Schubert at the following presentations: Clear Skies: What If Suddenly There Is No Cloud? Join Ingo on May 8 at 12:25 pm CEST in B 09 to learn how organizations can build resilience, prevent threats, and meet DORA and NIS2 requirements even if cloud-based multi-factor authentication goes offline. How to Secure Data in the Cloud - Is Encryption Enough? Join Ingo for a panel conversation on May 8 at 12:45 pm CEST in B 09 to learn how encryption, Zero Trust architecture, and AI-driven threat detection can secure data in the cloud. Have questions or want to speak with someone directly? Contact us and RSA representatives will contact you directly. About RSA RSA provides mission-critical cybersecurity solutions that protect the world's most security-sensitive organizations. The RSA Unified Identity Platform provides true passwordless identity security, risk-based access, automated identity intelligence, and comprehensive identity governance across cloud, hybrid, and on-premises environments. More than 9,000 high-security organizations trust RSA to manage more than 60 million identities, detect threats, secure access, and enable compliance. For additional information, visit our website to contact sales, find a partner, or learn more about RSA.
