Oleria, a pioneering provider in adaptive and autonomous identity security, has been selected by the World Economic Forum (WEF) as a 2024 Technology Pioneer. This prestigious recognition is bestowed upon 100 leading technology organizations dedicated to developing and implementing new technologies and innovations that embody the transformative potential and entrepreneurial spirit crucial for shaping a better future.
In today’s digital landscape, identity security has emerged as the new cybersecurity battleground and has become increasingly crucial. According to the 2024 IBM® Threat Intelligence Index, 80% of all breaches exploit compromised identities, with a 71% increase in attacks targeting identities year over year. This shift in cybercriminal tactics underscores the urgent need for more robust identity security measures.
Jim Alkove, the founding CEO of Oleria and former Chief Trust Officer at Salesforce, has underscored the critical significance of identity security, emphasizing that it presents a fundamental challenge for organizations worldwide, spanning across all industries. Oleria has been specifically established to address this challenge by providing an adaptive and autonomous approach to identity security. Their platform offers unparalleled fine-grained access visibility and usage insights at an individual resource level, empowering Chief Information Security Officers (CISOs) and their teams to effectively manage and secure identities within their organizations.
Phil Quade, Chief Operating Officer with Evolution Equity Partners and former Chief Information Security Officer at Fortinet, has also lauded Oleria’s innovative approach to identity security, stating that it provides a comprehensive solution that addresses the complexities and dynamic nature of modern cyber threats faced by governments and organizations alike. He has emphasized that Oleria’s focus on fine-grained access control and usage visibility equips security leaders with essential tools to effectively manage identity security.
The collaboration between Oleria and the WEF represents a significant step towards advancing global cybersecurity standards and safeguarding critical assets. Recognizing the impact of this achievement, Alkove has expressed Oleria’s eagerness to share their insights with global leaders and contribute to shaping the future of identity security.
Oleria offers adaptive and autonomous identity security solutions through its Trustfusion platform, providing unparalleled fine-grained access visibility and access usage insights at an individual resource level. With over $40 million in funding from Evolution Equity Partners, Salesforce Ventures, Tapestry VC, Zscaler, and other technology luminaries, Oleria stands as a testament to the innovative strides being made in the field of cybersecurity. For further information about Oleria and its cutting-edge solutions, please visit www.oleria.com and follow Oleria on LinkedIn and Twitter.
Source: Oleria