KeyData Cyber and BeyondID Join Forces to Revolutionize Identity Security Industry

KeyData Cyber Acquires BeyondID: A New Era in Identity Security

In a powerful strategic move, KeyData Cyber, a prominent North American provider in identity and access management (IAM), has announced the acquisition of BeyondID. This acquisition aims to create a formidable player in the identity security sector, blending two industry leaders to elevate their service offerings.

KeyData Cyber has a rich history, specializing in IAM solutions with over two decades of experience, providing support for more than 50 million identities. By acquiring BeyondID, an AI-driven Managed Identity Solutions Provider renowned for its proficiency in platforms like Okta, they are poised to enhance their capabilities in a market that increasingly values security and efficiency.

The merger promises not only to consolidate expertise across a plethora of IAM domains such as Customer Identity and Access Management (CIAM), Privileged Access Management (PAM), and Identity Governance and Administration (IGA), but also to expand their global delivery capabilities. The combined workforce now boasts over 200 identity professionals known for successfully executing complex IAM programs for both private and public sector clients.

According to Dustin Hoff, CEO of KeyData Cyber, this collaboration represents a major step forward in the realm of identity protection. “Together, we are building a powerhouse in identity security,” he stated, highlighting the benefits of the Identity Command Center, an AI-powered platform designed to streamline service delivery and enhance client experience.

Arun Shrestha, CEO of BeyondID, echoed these sentiments, emphasizing that merging forces will allow for a more comprehensive security approach. By integrating KeyData Cyber’s vast expertise with BeyondID’s cutting-edge technology, they aim to transform identity management from a basic requirement into a strategic advantage for organizations.

This acquisition also marks a significant geographical expansion. With BeyondID’s established presence in the U.S. and its extended nearshore and offshore capabilities, KeyData Cyber is now better positioned to respond to customer needs more promptly and effectively, ensuring local alignment and a broader spectrum of identity security services.

One of the standout features of this partnership is the access clients will gain to BeyondID’s 'Identity Command Center', which automates and orchestrates identity-first, zero-trust solutions. This integration promises to cover everything from initial strategy planning to execution, ensuring organizations maintain compliance while enhancing their security posture.

The new strategic powerhouse is gearing up to offer a full range of identity security services under one roof. This includes solutions related to Zero Trust models, governance strategies, privileged access, and customer IAM services. As they merge resources and talents, they are set to become one of the largest standalone identity security firms in North America operating across various sectors, including highly regulated industries.

With these developments, KeyData Cyber and BeyondID are not just looking to elevate their service standards; they are redefining the blueprint for security in the digital age. By combining forces, they can offer a level of expertise and innovative solutions that are crucial for organizations navigating the complex landscape of identity management today.

In summary, the acquisition of BeyondID by KeyData Cyber represents an exciting turning point for the identity security landscape, promising enhanced services and comprehensive solutions designed to meet the evolving needs of businesses. Together, these entities are set to empower organizations to combat today's identity-related challenges with confidence, ensuring that security remains both a priority and a competitive edge.