Omada and Balabit each provide unique innovative solutions within IT Security and Compliance. The two companies have entered a partnership to provide additional value to their customers through complementary IT security solutions.
New York, 9 November 2015 – Balabit, a leading provider of contextual security technologies and Omada, one of the world’s leading providers of Identity & Access Management, governance and compliance solutions today announced its technology alliance. The cooperation was inspired by the ever increasing security and compliance pressure and aims to provide a comprehensive solution for documenting the actions of privileged users and to respond to potential threats in real time.
By deploying the Omada Identity Suite (OIS) together with Balabit’s Contextual Security Intelligence (CSI) portfolio, organizations can get a wider picture on ‘who is doing what’ within the entire IT network. When integrated, OIS and the CSI portfolio are able to provide additional contextual information with real-time big data analytics regarding each activities executed by a privileged user. Identity and access rights can be dynamically adapted by Omada’s OIS to the current business needs, keeping the required consistency for identity governance, while the CSI portfolio can provide real-time feedback about users’ ongoing behavior. Together, OIS and the CSI portfolio help to improve IT Security and achieve regulatory compliance such as Sarbanes-Oxley Act (SOX) and the Payment Card Industry – Data Security Standard (PCI-DSS).
Omada’s leading product (OIS) for Identity Management helps organizations to ensure that only the right individuals have access to critical information. The customer gains full control over privileged access rights and ensures that only relevant and approved accounts are available for use.
Balabit’s Contextual Security Intelligence portfolio protects organizations in real-time from threats posed by the misuse of high risk and privileged accounts. The CSI portfolio includes reliable system and application Log Management, Privileged User Monitoring and User Behaviour Analytics to identify unusual user activities.
‘Customers will benefit tremendously from the combined value of the two solutions. Together we provide a very strong response to critical regulatory compliance requirements and we are looking forward to develop this further’ said Omada CEO Morten Boel Sigurdsson.
‘This confirms our commitment to working with existing security platforms to advance the overall security of organizations. We are looking forward to cooperate with Omada to better prioritize the real-time security risks as part of our overall goal to deliver business friendly IT security’ said Zoltán Györkő, CEO at Balabit.
Morten Boel Sigurdsson
+45 27 11 54 20
Madison Alexander PR
Omada was established in 2000 and is recognized as one of the world’s leading providers of Identity & Access Management solutions. Omada’s innovative solutions help some of the world’s largest organizations secure their business-critical and sensitive personal data, to ensure that audit and legal requirements for access control are observed. For more information visit www.omada.net
Balabit – headquartered in Luxembourg – is a leading provider of contextual security technologies with the mission of preventing data breaches without constraining business. Balabit operates globally through a network of local offices across the United States and Europe together with partners.
Balabit’s Contextual Security Intelligence™ strategy protects organizations in real-time from threats posed by the misuse of high risk and privileged accounts. Solutions include reliable system and application Log Management with context enriched data ingestion, Privileged User Monitoring and User Behaviour Analytics. Together they can identify unusual user activities and provide deep visibility into potential threats. Working in conjunction with existing control-based strategies Balabit enables a flexible and people-centric approach to improve security without adding additional barriers to business practices.
Founded in 2000 Balabit has a proven track record including 23 Fortune 100 customers amongst over 1,000,000 corporate users worldwide.