Today, Delinea announced that we intend to acquire Fastpath, an innovator in enabling organizations all over the world to efficiently and cost-effectively manage and automate the processes around access governance and security. This pivotal union, follows Delinea's recent acquisition of Authomize and marks a significant expansion in Delinea's capabilities to enhance privileged access, controls, and governance, reducing organizational cybersecurity risk and ensuring compliance.
A leader in Identity Governance and Administration (IGA) and identity access rights, Fastpath delivers cloud-based access orchestration solutions, which are the go-to-choice for the world’s leading audit and consultancy firms.
By harnessing Fastpath's innovative solutions, Delinea will deliver the appropriate privilege with the right controls based on the users' risk score and the value of the data being accessed. Delinea will offer unparalleled security, efficiency, and control in managing the complex interactions between privileged users and corporate data.
The integration of Fastpath into the Delinea Platform enhances our ability to offer a comprehensive centralized AI-driven authorization security platform, making Delinea the definitive source for managing authorization and enforcing least privilege across infrastructure, applications, and data.
Delinea’s vision is to deliver centralized authorization on the Delinea Platform, built on a deep understanding of context, privilege, human and machine identities, and the data those identities seek to engage with, making it seamless and secure for our customers. Delinea will redefine the identity security landscape, providing unmatched insights and control over user access and privileges.
Key challenges & risks organizations face today
We are in an era dominated by the proliferation of Infrastructure-as-a-Service (IaaS), Software-as-a-Service (SaaS) applications, and the resulting sprawl of data and identities. This proliferation of uncontrolled interactions has created an expanded security challenge.
Priorities of CISOs are shifting away from protecting infrastructure and moving towards managing, monitoring, and protecting the interactions between human and machine identities with corporate data.
With the tools available today, CISOs are challenged to control who has access to what, given that most of the infrastructure where interactions occur is not within a CISO’s control.
Delinea’s approach is different. We believe privilege, not just identity, is the true security perimeter. Building a seamless and powerful approach for delivering the appropriate privileges at the right time is the only way to deliver the security needed for the modern distributed infrastructure, applications, and data that exists today and in the future.
Key risks associated with the proliferation of IaaS and SaaS applications
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Security and Compliance Risks:
The widespread adoption of IaaS and SaaS applications can lead to data security and regulatory compliance challenges. With data stored and processed on external platforms, there is an increased risk of data breaches, unauthorized access, and loss of control over sensitive information. Organizations must ensure that their service providers adhere to stringent security standards and that data governance policies are in place to meet compliance requirements.
- Management and Visibility Challenges:
As organizations use a variety of IaaS and SaaS applications, it becomes difficult to manage and have visibility over all the services in use. This can result in shadow IT, where employees use unsanctioned applications without IT department approval, leading to potential security vulnerabilities and inefficiencies. Centralized management and monitoring are necessary to maintain oversight and control over the IT environment.
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Integration and Interoperability Issues:
Integrating multiple IaaS and SaaS applications can be complex, especially when these applications are not designed to work together seamlessly. This can lead to interoperability issues, where data silos and incompatible systems hinder productivity and the ability to collaborate effectively. Organizations need to ensure that their IaaS and SaaS applications can integrate well with each other and with existing on-premise systems to enable smooth workflows and data exchange.
The integrated solution will:
- Centralize Privilege & Authorization Policies Across Applications:
Delinea's acquisition of Fastpath extends Delinea’s least privilege reach to applications with the provisioning of user accounts and access rights to applications and data. With this acquisition we can give customers a centralized view of privilege and permissions across infrastructure and applications. Fastpath's IGA tools provide mechanisms for automated remediation. This not only reduces risk for organizations but also enhances user experience and operational efficiency.
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Enhance Contextual User Authorization:
Combining Delinea’s ITDR capability and IGA, Delinea will leverage user context to provide real-time policy changes that can reduce the impact and risk of data theft.
Through the acquisition, Delinea will leverage Identity Threat Detection and Response (ITDR) analytics with an understanding of user context to provide more intelligent decisions for authorization. This enhanced visibility uses the users’ risk score and context of location, employment status, role rank, and other criteria to enhance authorization policies. This ensures that users are granted access based on a comprehensive understanding of their context, role, and responsibilities, leading to a more secure and efficient implementation of the principles of least privilege.
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Extend Intelligent Access Controls to Improve Data Security:
Fastpath's expertise in deep data awareness will be leveraged to extend smarter access controls across all assets to adhere strictly to separation of duties mandates. The combination will provide a granular understanding of data and records, ensuring that privileges are aligned with the specific data held within any resource, bolstering security compliance and data security.
What is Identity Governance and Administration (IGA)?
Identity Governance and Administration (IGA) combines Identity Governance and Identity Administration to reduce the risk of identity-based attacks.
Identity Governance refers to the policies and procedures that enable you to have oversight of all the identities in your organization (human and machine) as well as demonstrate that oversight to auditors, cyber insurance companies, and compliance bodies. Identity Administration refers to the day-to-day management of identities in your organization. IGA solutions automate and orchestrate governance and administration to save time and effort and eliminate mistakes that happen through manual work.