One Identity bolsters portfolio with acquisition of OneLogin

One Identity says it can now provide digital identity technology in each major category

Posted 6 October 2021 by Christine Horton

One Identity has added to its digital identity toolkit with the acquisition of Identity Access Management (IAM) specialist OneLogin.

Combined with its existing Privileged Access Management (PAM), Identity Governance and Administration (IGA), and Active Directory Management and Security (ADMS) solutions, the company says this now provide digital identity technology in each major category.

This, says One Identity, can help close the critical cybersecurity exposure gap.

“With the proliferation of human and machine identities, the race to the cloud and the rise of remote working, identity is quickly becoming the new edge – and protecting identity in an end-to-end manner has never been more important,” said Bhagwat Swaroop, president and general manager of One Identity.

“By adding OneLogin to our portfolio and incorporating it into our cloud-first Unified Identity Security Platform, we can help customers holistically correlate all identities, verify everything before granting access to critical assets and provide real-time visibility into suspicious login activity. With identity at the core, customers can now implement an adaptive zero trust strategy and dramatically improve their overall cybersecurity posture.”

One Identity manages more than 250 million identities for 5,000 organisations, whereas OneLogin manages around forty million identities for 5,500 customers.

“Joining One Identity provides us with the ability to further accelerate our growth and provide additional value for both of our customers,” said Brad Brooks, CEO of OneLogin.

“With OneLogin’s robust unified platform for both workforce and CIAM, combining forces with One Identity’s suite of products including their PAM solution, will allow new and existing customers, on a global scale, to tap into the market’s only unified identity security platform.”

Privileged account abuse

Verizon’s 2021 Data Breach Investigations Report found that 70 percent of breaches are linked to privileged account abuse, and 61 percent involve improper management of credentials.

Forrester Research found that 50 percent of all organisations are challenged to protect their machine identities created by bots.

Cybersecurity Insiders reports that 49 percent of organisations have users with more privilege than their jobs require