Page 154 - Cyber Defense eMagazine July 2024

of legacy Identity and Access Management (IAM) systems which rely on manual, costly and time-
intensive workflows.

Oleria solves for this problem by providing enterprises with adaptive and autonomous identity security.
Our product, Oleria Adaptive Security, provides first-of-its-kind fine-grained access visibility and access
usage at an individual resource level – allowing CISOs and their teams to finally answer the critical
questions: Who has access to what? How did they get it? What are they doing with it?

Oleria fills a critical gap for security teams by bringing together organization-wide access into a
comprehensive access graph powered by the Oleria TrustFusion Platform. Our adaptive solution enables
organizations to ensure that users have the right access at the right time only as long as they need it, so
organizations can reduce risk, ensure compliance and reduce the cost of managing access.

Cybercrime statistics on the problem you solve:

In the past year, we have seen a 71% increase in identity-related attacks. Incidents with Midnight Blizzard,
Snowflake, SEC and Mandiant, all stemmed from issues with MFA coverage gaps. With the rise of AI
and decentralized SaaS applications, the volume of cyber-attacks continues to increase, costing U.S.
companies an average of $9.48 million per breach.

Despite this, the majority of organizations (66%) are not investing enough in IAM according to Gartner.
This is particularly alarming when you consider that 80% of all breaches today use compromised
identities.

The reality is today most CISOs and security teams are not equipped to deal with identity access related
security threats – with many leveraging legacy security solutions that require manual, costly and time-
intensive work flows. At the same time Microsoft reports that 95% of access goes unused. While this
over-provisioned access provides no real value to the organization or the user, it provides an
unnecessarily large attack surface for a bad actor that accesses any such account.

Oleria Adaptive Security product solves this problem for security teams by giving full clarity and control
of access in a single view with unparalleled insights.

Dashboard:

Cyber Defense eMagazine – July 2024 Edition 154
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