. home.aspx

NEWS

home.aspx
   


Ping adds AI-driven API protection with Elastic Beam acquisition

June 26, 2018 / Rob Wright

Ping Identity increased its focus on API security with the acquisition of Elastic Beam, a startup that uses artificial intelligence to apply behavioral security on enterprise APIs. BOSTON -- Ping Identity is moving beyond single sign-on and further into API security with its latest acquisition. At the Identiverse 2018 conference on Tuesday, the Denver-based identity and access management (IAM) provider announced the acquisition of Elastic Beam, a Redwood City, Calif., cybersecurity startup that uses artificial intelligence to monitor and protect APIs. Terms of the deal were not disclosed. Ping CEO Andre Durand discussed the importance of API protection in the past as part of the company's "intelligent identity" strategy. The company, which specializes in IAM services such as single sign-on, had previously introduced PingAccess for API management and security. Elastic Beam, which was founded in 2014, will become part of Ping's new API protection offering, dubbed PingIn...