This week, Authomize, an Israeli cybersecurity startup that has created an automated, cloud-based authorization governance and management solution, came out of stealth mode.
Authomize has created a technology called “SmartGroups,” which aggregates data in real-time from multiple IT systems and automatically infers which permissions are “right-sized,” thanks to $6 million in seed funding from Blumberg Capital, Microsoft’s M12 investment fund, and Entrée Capital.
“Authomize acts as a bridge between IT Ops and security teams, preventing permission sprawl and ensuring adherence to security and enforcement requirements, dramatically reducing IT’s workload while improving security posture,” according to the company.
Authomize claims that its software identifies all successful interactions between human and computer identities and company properties in an organization’s environments on a continuous basis (IaaS, PaaS, SaaS, Data, and On-prem). Authomize will block unintended access and warn on anomalies and various risks by providing a constantly updated inventory of identities, properties, and access policies.
Dotan Bar Noy, Gal Diskin, and Ron Liberman founded the company, which now has 15 employees and claims to have already implemented its solution in many NYSE/NASDAQ publicly traded companies.
“We created Authomize after witnessing the uncertainty that organisations face while handling the authorization lifecycle,” said Bar Noy, Co-founder and CEO. “Current Identity Governance and Administration (IGA) tools lack the intelligence and automation needed to make well-informed and timely decisions. IT and protection teams may use Authomize to make well-informed decisions or automate procedures, eliminating the need to choose between IT productivity and perfect security hygiene.”