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Thursday, October 17, 2024

Akeyless Launches First Secrets & Machine Identity Platform

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Akeyless’ new platform tackles the challenge of managing machine identities and secrets, enhancing visibility, efficiency, and security for enterprises.

Akeyless announced its Unified Secrets and Machine Identity Platform, designed to address the leading cause of breaches—compromised identity credentials. Organizations are more exposed than ever as machine identities far outnumber human identities. High-profile breaches in 2024 demonstrated the risks of unsecured machine identities and compromised secrets.

 Each carries a unique identity as machines —such as applications, containers, and services—proliferate. These machine identities often authenticate securely using multiple secrets, like API keys or certificates. When left unmanaged, these identities and secrets become dangerous entry points for attackers, especially as they increase exponentially. Managing the explosion of machine identities and their secrets has become a significant challenge for enterprises today.

To tackle this issue, enterprises have purchased standalone products with limited functionality. These isolated tools raise costs, complicate management and deployment, and weaken the company’s security.

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Akeyless closes these gaps by unifying secrets management, certificate lifecycle management, encryption key management, and next-gen privileged access management into one platform. This provides enterprises with:

  • Improved Visibility across all secrets and machine identities
  • Enhanced Efficiency of SaaS, including multi-product consolidation
  • Complete Control across the full lifecycle of credentials, certificates and keys
  • Proactive Security with DFCâ„¢ Zero-Knowledge and modern “Secretless” authentication

“Legacy tool silos can’t keep pace with the scale and growth in machine identities and their secrets,” said Oded Hareven, CEO of Akeyless. “Our platform converges multiple capabilities and helps prevent the leading cause of breaches while significantly reducing enterprise TCO.”

With the machine identity and secrets management market projected to surpass $50B, the demand for unified solutions is rising fast. Positioned as a leader in this emerging space, Akeyless offers the comprehensive platform businesses need to secure their future.

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