Proofpoint, Inc., a cybersecurity and compliance company, announced a product integration between its CASB solution and Okta, allowing customers to detect and remediate suspicious logins for all 7,000+ cloud applications federated through the Okta Identity Cloud.
Proofpoint CASB now detects and remediates suspicious logins in cloud applications federated by three popular identity providers: Microsoft Active Directory, Okta, and Google, covering the majority of today’s enterprise applications.
“Proofpoint is proud to have the first CASB that protects users from account takeovers in Microsoft, Google, and now Okta-federated cloud applications,” said Tim Choi, vice president of product marketing, Proofpoint. “Because our cloud security solutions integrate out of the box, it greatly accelerates our customers’ cloud security journey by empowering their teams to automatically remediate account takeovers instead of wasting valuable resources on manual response efforts. With Proofpoint and Okta, organizations can reduce the chances that their users are compromised, and respond faster when something goes wrong, so security teams can stay ahead of the next attack.”
“As the leading independent and neutral identity solution, Okta’s vision is to enable everyone to safely use any technology,” said Maureen Little, vice president, Technology Partnerships at Okta. “Adding the Proofpoint CASB to the Okta Integration Network helps move more organizations toward that vision, enabling joint customers to protect their end users from sophisticated account takeover attempts when they log into the 7,000+ Okta-federated cloud applications. We look forward to working with Proofpoint to keep more organizations secure as they adopt the best technology for their businesses.”
Cloud account takeover is on the rise, fueled in part by the ongoing pandemic, costing businesses millions of dollars in resources and lost revenue. According to Ponemon Institute research, companies lose an average of $6.2 million per year due to compromised cloud accounts—roughly 3.5 percent of their total revenue. In addition, respondents reported 64 cloud account compromises per year on average, with 30% exposing sensitive data. And things appear to be getting worse, with half of respondents reporting an increase in the volume or frequency of cloud account compromises over the past year.
