PLATFORM SECURITY,SOFTWARE SECURITY
Omega Systems | January 10, 2023
On January 09, 2023, Omega Systems, a Pfingsten Partners portfolio company, announced the acquisition of The TNS Group, a leading IT services provider based in Stamford, CT. The acquisition strengthens and further expands Omega's footprint in the Northeast and key target industries, such as healthcare, fintech and non-profit.
The TNS Group has been delivering the offices in Stamford, Fairhaven, MA, New York City, and with technology, IT consulting, and cybersecurity services for over 25 years. In contrast, Omega has over 700 mid-market and enterprise customers in financial services, manufacturing, healthcare, nonprofit, and state/local government across the United States.
Bill Kiritsis, Omega Systems Founder & CEO, said, "The TNS Group is a valuable extension to our growing presence in the Northeast, and we're thrilled to welcome them to the Omega family." He further stated, "There are great synergies between our organizations – both in our corporate cultures and our commitment to customers – and we're eager to unite and accelerate our efforts to delivering the world-class IT, security and compliance services today's enterprises require."
(Source – PR Web)
TNS demonstrates Omega's third strategic acquisition in the past 12 months. Omega previously acquired PICS ITech and ACE IT Solutions, both in 2022. The company now employs over 185 total employees and a growing diverse managed services portfolio that includes managed IT compliance, managed cybersecurity, cloud hosting services, backup and disaster recovery, NOC and SOC services and strategic IT consulting.
About Omega Systems
Omega Systems is a major managed service provider (MSP) and managed security service provider (MSSP) for mid-sized businesses in the financial services, government, manufacturing, healthcare, and professional services industries. Omega's customer-first solutions are based on its approach to personalized service, designed to address the growing regulatory, compliance and data processing needs of the current highly regulated and security-conscious businesses.
About The TNS Group
The TNS Group, a Managed Service Provider (MSP), offers cloud solutions, managed security, business continuity, and IT consulting. Its portfolio of solutions helps develop business strategies through technology. It aims to bring value to its clients by simplifying innovative technologies and offering layers of expertise and flexibility to achieve overall goals. TNS serves clients in the fintech, healthcare, nonprofit and shipping/distribution industries.
DATA SECURITY,PLATFORM SECURITY,SOFTWARE SECURITY
Immuta | January 20, 2023
On January 19, 2023, Immuta, a leading data security firm, announced the launch of its latest product, Immuta Detect. Immuta Detect notifies data and security teams about unsafe data access behavior with its continuous data security monitoring capabilities, therby enabling faster and more accurate risk response and improved data security posture management across advanced and modern cloud data platforms.
The product is the new vital component of Immuta's comprehensive Data Security Platform that offers security and access control, data activity monitoring and sensitive data discovery. The platform uniquely integrates with the leading cloud data platforms along with existing SIEM and Managed Detection and Response (MDR) tools.
As data sources and users in modern cloud settings increase, monitoring data usage and responding to threats becomes more challenging. This is critical for safeguarding against insider threats and adhering to rules and regulations. Existing strategies to solve these problems include manual and time-consuming audits of millions of log data records housed in disparate data sources. To stay up with business demands, data and security teams need improved ways for monitoring data access, address issues precisely, and quickly adjust to shifting risk appetites.
With Immuta Detect, customers can swiftly surface and prioritize data usage risks, decrease time to risk mitigation, and maintain data security by utilizing the following new features:
Advanced access behavior analytics - Immuta Detect consolidates data access logs, allowing data and security teams to continuously monitor and evaluate changes in user behavior and data access entitlements by source, user activity or query, as well as get insight into changes in data classification and security configuration.
Sensitive data views and indicators – The company offers a detailed analysis of each user and data activity in depth, summarizing activity across multiple criteria such as time frame, data access event categorization, sensitive data indicators, and most active data sources.
Risk severity detection and scoring - It automatically scores data based on its sensitivity and security, thereby enabling data and security teams to prioritize risks and receive real-time notifications about potential security incidents.
Founded in 2015 and headquartered in Boston, MA, Immuta is a leading cloud data access control provider. It offers data engineering and operations teams a unified platform for controlling access to analytical data sets in the cloud. Additionally, it helps businesses extract value from their cloud data by securing it and giving secure access. It automates access control for any type of data on any cloud service and across any computing infrastructure. The company is now trusted for data security by Fortune 500 organizations and government agencies all around the world.
ENTERPRISE IDENTITY,PLATFORM SECURITY,IDENTITY MANAGEMENT
Simeio | December 27, 2022
A business needs to manage and protect the digital identities of its employees, contractors, partners, and customers. Enabling the right individuals to access the right resources at the right times for the right reasons with secure access control is needed for organizations to keep their vital information safe and secure at all times. In this regard, Simeio provides identity and access management (IAM) solutions.
Using intelligent solutions, enhanced cybersecurity measures are enforced on systems with cloud identity security services.
Simeio, a leader in the cybersecurity industry when it comes to identity and access management (IAM) services, has announced a partnership with SailPoint, a leader in enterprise identity security.
The goal of the partnership is to improve the security and protection of the companies' identities by using enterprise identity governance controls and best-in-class technologies.
The partnership will also allow clients to simplify, automate, and enable their identity governance and administration (IGA) programs, providing continuous threat protection and improving the maturity of identity processes across enterprises. Simeio plans to bring over 50 SailPoint-certified identity experts to the partnership. The clients of both companies will benefit from the identity convergence capabilities of the Simeio IO platform, which brings together IGA, access management, and privilege identity functions to deliver cross-domain identity analytics.
Through this partnership, organizations will also be able to update their identity security services in the cloud.
"The global identity and access management (IAM) market is expected to grow from USD 14.82 billion in 2020 to USD 31.74 billion by 2025, at a CAGR of 16.7% during the forecast period, as per Marketsandmarkets."
Companies are getting more and more identity security and access management solutions because cyber threats and data breaches are getting worse. Artificial intelligence, machine learning, IoT compatibility, decentralized identity systems, and the use of innovative biometric authentication mechanisms are all part of the future of identity security.
Simeio is a global managed services provider that offers identity and access management solutions as a service. Simeio's 700+ employees secure 160 million identities for businesses and governments. Simeio offers Customer Identity & Access Management, Privileged Access Management, Identity Proofing, Access Management & Federation, Identity Governance & Administration, and Application Onboarding. Gartner, Forrester, KuppingerCole, and Great Places to Work® have recognized the company's business and technical leadership.
SailPoint is the market leader in enterprise identity security. SailPoint automates the management and control of access by leveraging the power of AI and machine learning, granting only the required access to the right identities and technology resources at the right time. Our advanced identity platform integrates seamlessly with existing systems and workflows, providing a unified view of all identities and their access. We meet customers where they are with an intelligent identity solution that satisfies the enterprise's scale, velocity, and environment requirements. SailPoint empowers the world's most complex businesses to establish a security foundation based on identity security.