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Israeli Startup Infinipoint Launches First Device-Identity-as-a-Service (DIaaS) Solution

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Israeli Startup Infinipoint Launches First Device-Identity-as-a-Service (DIaaS) Solution

Infinipoint today announced the first Device-Identity-as-a-Service (DIaaS), its comprehensive device identity and security posture solution that is a critical part of a Zero Trust approach to secure device access.

Infinipoint also announced $11 million in funding from JAL Ventures, Emerge, and Hetz Ventures. Strategic investors and advisors include Ron Myers, former SVP of global channels for Palo Alto Networks; Pradeep Aswani, serial entrepreneur, US distribution and channel veteran and cybersecurity investor; Issy Ben-Shaul, serial entrepreneur, cloud technologies expert, and Director of Engineering at Google; and Ravi Ithal, founder of Netskope and founding engineer of Palo Alto Networks.

“Today most of the workforce is working from anywhere and accessing remote services, potentially from multiple devices. While the user is authenticated, the network is encrypted, and the SaaS application is secured, the device is often overlooked. As a result, the device has become the weakest link in the organization’s IT security. It’s no use authenticating users if they are on a vulnerable device as this can open  the door for an attacker to access your sensitive data and services,” said Ran Lampert, co-founder and CEO, Infinipoint.

Infinipoint is pioneering the DIaaS security category and is the only solution that provides Single Sign-On (SSO) authorization integrated with risk-based policies and one-click remediation for non-compliant and vulnerable devices. This reduces risk by protecting access to an organization’s data and services while transforming devices to support world-class security posture. Infinipoint is able to do all this in a productive way that maintains business continuity with no disruption to the workforce. Infinipoint acts as a single enforcement point for all major identity providers including ForgeRock, Okta, Ping Identity, and Azure Active Directory, as well as business services such as Salesforce, Google Workspace, Office 365 and AWS.

A Zero Trust security posture for devices is an essential and urgent requirement with a work-from-anywhere workforce. This is highlighted in every major Zero Trust reference architecture and guidance, including from Forrester, Gartner, the U.S. Department of Defense (DOD) and NIST. The NIST Special Publication on Zero Trust Architecture (800-207) states the enterprise monitors and measures the integrity and security posture of all owned and associated assets. No asset is inherently trusted.”

The only way to ensure true Zero Trust for devices is through real time security upon user authentication with a deep and dynamic scope, while ensuring business continuity at the same time. The Infinipoint DIaaS solution is the only one on the market built by design to meet these requirements.

“Our customers understand the importance of Zero Trust and Identity working together. Leveraging device posture to achieve real-time continuous authorization is essential for any modern Zero Trust implementation,” said Ben Goodman, senior vice president, global business and corporate development, ForgeRock. “By leveraging the device visibility Infinipoint provides, ForgeRock’s Intelligent Access can dynamically adjust a user’s authentication experience and level of access to align with their degree of risk. Infinipoint can remediate issues of device risk before ForgeRock will allow access to a protected resource.”

“Partnering with Infinipoint enabled us to improve and maintain our connected devices security posture for our more than 1,100 employees. We’re very impressed by what the Infinipoint team accomplished, the results so far have been far beyond our initial expectations,” said Dikla Ramot, CISO, AppsFlyer, a SaaS mobile marketing analytics and attribution platform leader and Infinipoint customer.

“Infinipoint gives our customers device-based conditional access to any service, enabling us to not only inventory and assess the vulnerabilities of all devices accessing the customers’ services, but also to allow users to remediate issues with one-click and seamlessly continue their workflow,” said Kai Mallmann, CEO, DTS Systeme, multinational IT services provider and Infinipoint partner. “Infinipoint delivers the missing piece of the puzzle, and together we are delivering an innovative solution for a recent and critical problem.”

Infinipoint’s co-founders Ran Lampert and Elad Wexler were part of the core team which created the product known today as Cortex XDR – Palo Alto Networks’ pillar offering at the endpoint. Recognizing that IT teams did not have complete, accurate, and up-to-date authentication data from devices, the duo were compelled to design and create a purpose-built solution specifically to address this challenge. While other identity and access management vendors have attempted to incorporate this functionality, they have yet to build a device-centric solution that operates with simplicity at the speed and scale necessary to maintain visibility and control over IT assets in modern digital environments.

Crypto Currency

Trust Payments partners with Kriptomat to facilitate 'everyday' cryptocurrency exchange

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Trust Payments partners with Kriptomat to facilitate 'everyday' cryptocurrency exchange

Trust Payments, the global unified payments group, has partnered with Kriptomat to power the payments engine behind Kriptomat’s cryptocurrency exchange.

Operating from Estonia since 2018, Kriptomat describes itself as “the most user-friendly government-regulated European cryptocurrency exchange.” Targeting cryptocurrency beginners, Kriptomat empowers everyday people to purchase, store, send, and receive cryptocurrencies without mastering the technical jargon and arcane details required at conventional crypto exchanges. Kriptomat’s mission is to give everyone online tools to manage and grow their digital assets and to make these tools available wherever users are. Kriptomat services and tools are currently available to users in more than 20 languages.

Kriptomat offers a full suite of portfolio management tools for beginning and experienced investors. Kriptomat allows customers to purchase, convert, track, store, and manage crypto funds via a web-based dashboard that provides comprehensive data on cryptocurrency prices, technical details, and market trends. All data can be accessed from Kriptomat’s free applications for iOS and Android mobile devices as well.

Trust Payments is a key payments player in the crypto space, offering crypto merchants the opportunity to minimise risk and break new ground. The exclusive agreement with Trust Payments ensures that Kriptomat’s customers will have access to Trust Payments’ best-of-breed payment platform for debit and credit cards, fraud screening, and multi-currency processing – plus a recurring-payments engine that will power the launch of a new subscription model for Kriptomat. The subscription model will allow consumers to set up recurring purchases of their chosen cryptocurrencies. Users can set up automated weekly and monthly purchases to automate savings, save time, sidestep the risks of day trading, and build their investment portfolios painlessly.

“We are excited to support Kriptomat with their expansion plans,” said Craig Brightly, Trust Payments head of sales. “Our dedicated cryptocurrency team understands the unique challenges crypto businesses face when searching for a payments partner. We believe it is critical to support crypto exchanges with simple terms, expertise in navigating new markets, fast settlement, and an easy application process.”

“The partnership with Trust Payments allows us to offer secure, reliable transactions to our customers,” said Dejan Davidovic, COO of Kriptomat. “Trust Payments is able to cater to all of our requirements, which will help us launch new products and features such as recurring buy. We are looking forward to expanding our partnership and offering even more features that will empower users to manage their portfolios more conveniently and profitably.”

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/trust-payments-partners-with-kriptomat-to-facilitate-everyday-cryptocurrency-exchange-301375535.html

SOURCE Trust Payments

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Blockchain

e-Money Announces Integration with the Algorand Blockchain to Accelerate the Circulation of European Stablecoins

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e-Money Announces Integration with the Algorand Blockchain to Accelerate the Circulation of European Stablecoins

e-Money today announced it is integrating with Algorand to support a range of fully backed European stablecoins across the Algorand ecosystem, including eEUR, eCHF, eNOK, eSEK, and eDKK. Stablecoins–digital currencies designed to maintain stable value by being linked to a fiat currency or other exchange-traded commodity–have grown substantially in popularity, driven by demand for price-stable assets in the fast growing crypto capital markets.

This integration will enable faster time-to-market for applications built on Algorand looking to offer native currency options to users throughout Europe and drive adoption of Algorand-based applications among European users given currency familiarity. In addition to being available for purchase directly from e-Money, these Algorand-compliant European stablecoin offerings will be listed on several decentralized exchanges in the coming days, further increasing the supply in circulation.

With e-Money, European stablecoins are fully collateralized, backed with actual bank deposits and government bonds held at commercial banks. Uniquely, e-Money’s currency-backed stablecoins each utilize a dynamic peg that tracks the underlying interest rate, meaning that stablecoin holders benefit from accrued interest on their assets even when just sitting in a user’s wallet. In addition, e-Money’s services operate in full compliance with AML/CTF legislation, and the platform is transparent, undergoing a quarterly audit by Ernst & Young.

“We’re excited to be bringing e-Money stablecoins to Algorand protocol. We already see a number of exciting projects being built on Algorand and expect this development to continue at an increased pace. By joining the Algorand ecosystem, e-Money will establish itself as a go-to partner for Algorand projects interacting with real-world economies, thereby expanding our user base and strengthening our position as a leading issuer of trustworthy European stablecoins.” — Martin Dyring-Andersen, e-Money Founder & CEO.

“Interest in stablecoins is booming, and it’s great to add e-Money’s offerings to those fiat-backed assets already circulating on Algorand, like QCAD, backed by Canadian fiat and BRZ, backed by the Brazilian Real,” said David Markley, Director of Business Solutions at Algorand. “Integrating with e-Money will expand overall access to the Algorand ecosystem and help accelerate European market growth for many of the innovative and useful protocols on the network, from DeFi solutions to NFT marketplaces and beyond.”

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Acquisition

Managed application solutions provider Contegix Acquires Ascend Integrated

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Managed application solutions provider Contegix Acquires Ascend Integrated

Contegix, a leading provider of managed application solutions and DevOps consulting services today announced the acquisition of Ascend Integrated. Ascend Integrated, an Atlassian Gold Partner, delivers advanced system solutions for Agile, DevOps, and system implementation and is primarily focused on the federal government market. This acquisition will augment Contegix’s expertise in Agile, SAFe, DevOps, ITSM, and solidify Contegix as the leading provider of Atlassian solutions to the public sector.

An Atlassian Verified Government Partner and Platinum Partner, Contegix helps public sector organizations more quickly advance their technology initiatives. Through a combination of business process consulting, technical engineering services and FedRAMP compliant managed cloud services, Contegix optimizes its customers’ Atlassian toolsets and supports implementations 24×7. With the acquisition of Ascend Integrated, Contegix increases its capacity to better serve these customers and offer new services such as custom application development, as well as professional services for GitLab, Smartsheets, and Monday.com.

“The acquisition of Ascend Integrated positions Contegix as the leader in DevOps solutions to the Federal market,” said Brad Hokamp, CEO of Contegix. “We selected Ascend Integrated because of the team’s depth of technical expertise and proven success in implementing complex systems at scale.”

Ascend Integrated has delivered solutions to large government entities including the United States Air Force, the United States Space Force, The Department of Health and Human Services and the Department of Commerce. Additionally, Ascend has a proven track record of implementing DevOps solutions and services for multiple commercial organizations, healthcare organizations, and financial institutions.

“Our mission of providing quality Agile IT and secure DevOps solutions aligns perfectly with the Contegix vision of accelerating innovation,” said Michael Brown, Founder and CEO of Ascend Integrated. “Now more than ever, customers will be able to take advantage of a wide range of services, resources, and expertise to directly support their Agile and DevOps goals following this merger. Additionally, Contegix’s FedRAMP compliant cloud provides customers with a secure, compliant environment.”

About Contegix

Contegix helps developers and operations teams securely accelerate application delivery. Our technology solutions optimize and support a select ecosystem of tools, enabling teams to collaborate more efficiently in secure and compliant environments. We specialize in the Atlassian toolset, security platforms, Web Content Management systems, AWS, and GitLab, and enthusiastically support our customers 24×7 with a U.S.-based team of application experts. To learn more, visit www.Contegix.com.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/contegix-acquires-ascend-integrated-301370684.html

SOURCE Contegix

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