February 9, 2024 at 11:58AM Finance worker in Hong Kong was scammed out of $25 million by deepfake video conference impersonating company’s CFO. Trend Micro previously warned about this type of fraud. Increasing accessibility to deepfake technology and AI-powered fraud is heightening the risk. Organizations need to strengthen processes, collaborations, and defense technology to defend … Read more
January 9, 2024 at 02:00PM Delinea, a Silicon Valley access management vendor, has acquired Israeli startup Authomize, enriching its product portfolio with identity threat detection and response technologies. The undisclosed but reportedly “several tens of millions of dollars” acquisition aims to combat the surge in identity-related data breaches by providing tools to detect and mitigate … Read more
December 20, 2023 at 11:39AM Okta has agreed to acquire Israeli startup Spera Security to bolster its Identity threat detection and security capabilities. The deal, valued at around $100-130 million, aims to provide customers with enhanced technology for identifying and addressing identity-driven attacks. Spera’s platform offers continuous protection from identity-based attacks through proactive monitoring and … Read more