The shift toward cloud-based operations and the increasing adoption of SaaS applications transformed the IT landscape. Concurrently, the integration of AI into business processes introduced new complexities and potential vulnerabilities.
In fact, an IDSA report revealed that 90% of businesses encountered identity-related breaches in the past year, with 84% suffering direct financial losses. Similarly, Gartner says that “the broad adoption of cloud services, digital supply chains and remote access by employees working from anywhere has eroded the value of legacy security controls at the perimeter of the corporate network, positioning identity as the primary control plane for cybersecurity.”
One thing is certain. There is a need for stronger identity security measures; thankfully, there are a few approaches. Access Entitlements Management ensures that employees have only the necessary permissions to perform their roles. Identity Security Posture Management provides an overview of an organization's identity security landscape. Identity Threat Detection and Response focuses on real-time monitoring for suspicious activities and automated responses to potential threats.
Veza, the identity security company, is offering a different approach, however, with the launch of Access AI, a generative AI-powered solution to maintain the principle of least privilege at enterprise scale.
With Access AI, available across the Veza Access Platform, security and identity teams use an AI-powered chat-like interface to understand who can take what action on data, prioritize risky or unnecessary access and remove risky access quickly for both human and machine identities.
Access AI answers natural-language questions about entitlements and association to identity. It recommends roles that follow the principle of least privilege. It also surfaces dormant or excessive permissions to revoke, create ITSM tickets (such as ServiceNow) with instructions for remediation and recommends actions during user access reviews and recertifications.
Veza made it possible to prevent, detect and respond to identity-related issues before they turn into disruptive incidents like breaches or ransomware.
“Two years ago, we changed the game in identity access with our Access Graph, and now we are doing it again with Access AI,” said Tarun Thakur, co-founder and CEO of Veza. “Customers tell us this is the year of identity. They want access intelligence to hunt for threats automatically across tens of thousands of identities and entitlements within hundreds of systems, which is critical with the recent explosion of non-human identities. To solve this requires speed and intelligence that is only possible with AI.”
This launch comes on the heels of an investment from J.P. Morgan, which brings the company’s total funding to $132 million. This investment will be used to accelerate product innovation as Veza continues to redefine identity security and organizations across the globe begin their identity security transformation.
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Edited by
Alex Passett
