Technology Giant Microsoft Acquired CloudKnox To Augment Cybersecurity

Business News Cloud Industry July 28th 2021

Microsoft, an American multinational company, focused on producing system software, personal computers, and related IT services announced on Jul 21, 2021, that it has acquired the best cloud infrastructure entitlement management solution provider, CloudKnox Security to improve business visibility into privileged access.

Stepping Up From Improved Agility to Enhanced Security

The acquisition of CloudKnox intends to boost cloud security, automated remediation, and granular visibility in the IT industry. Microsoft is further looking to implement advanced CloudKnox technologies with its cloud security services, including Azure Defender, Azure Sentinel, and Microsoft 365. Additionally, the acquisition will also be beneficial for signal enabling, integrations, and machine learning-based high-precision anomaly detection. 

The CloudKnox acquisition will enhance Microsoft’s security portfolio even better and deliver advanced privileged access management to enable auto-remediation proficiencies and permissions.

Sunnyvale, Calif.-based CloudKnox is a multi-cloud and hybrid cloud permissions management platform offering  Activity-based Authorization solutions. The company was founded in 2018 with the aim of transforming the way large enterprises protect their sensitive cloud resources from cyber threats. Balaji Parimi, the CEO and founder of CloudKnox Security Inc. later invented a dynamic data-driven protocol to collect and analyze the human identities and real-time actions across various cloud platforms.

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CloudKnox is well-known for delivering granular visibility and continuous protection to all the business cloud resources from accidental mishaps and exploitation of high-risk privileges. Its digital solutions track the identity information in AWS, Google Cloud Platform, Azure, and VMware vSphere as well.

Joy Chik, vice president for Microsoft Identity agreed that businesses do not have enough tools to manage multi-cloud entitlements and permissions. She quoted:

“The present traditional Privileged Access Management, Identity Protection, and Administration solutions are working fine for on-premises platforms, however, there is still room for improvement. This gap can be filled by providing end-to-end visibility for multi-cloud entitlements as well as permissions to protect users and their crucial resources consistently.”

Microsoft Boosting Its Commitment Towards Cybersecurity

CloudKnox acquisition is going to enable Azure Active Directory customers with better cloud visibility, advanced monitoring, and automated remediation for hybrid as well as multi-cloud permissions. From now on, Microsoft will provide powerful privileged access management, advanced identity protection, and entitlement governance including:

• Simplified access policy enforcement in a single integrated multi-cloud platform
• Signal-enabling, accurate machine learning-based anomaly detections
• Effortless integrations with Microsoft Cloud Security Services, for example, Azure Defender, Microsoft 365 Defender, Azure Sentinel.

“With a huge acceleration of cloud adoption, CloudKnox has shown a 7X growth of identities used to access cloud services over the past year. These identities have complete access to around 20000 high-risk permissions and helping to crystalize the importance of this risk vector to businesses,” stated Raman Khanna, the managing director of CloudKnox investor Dell Technologies Capital.

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CloudKnox has been Microsoft’s third cloud security acquisition after  RiskIQ and ReFirm Labs, since June 2021 and helps businesses strengthen their security posture. Microsoft’s existing customers are now capable enough to detect complete pictures of cyber threats to their companies, which is completely prescient with the continuously increasing number of phishing and cyberattacks. It seems Microsoft is enhancing its security portfolio by acquiring cybersecurity vendors to reduce the risks of data breaches experienced by the public cloud environments.