Shape Security Partners with Okta to Help Seamlessly Prevent Cyberattacks
Integration will deliver increased security with no user-visible friction
MOUNTAIN VIEW, Calif., Dec. 19, 2018 (GLOBE NEWSWIRE) -- Shape Security, the leading provider of advanced security, bot mitigation, and fraud technology for the world’s largest companies, today announced a partnership with Okta, the leading independent provider of identity for the enterprise. Through this integration, joint customers can leverage Shape’s technology to offer an additional, invisible layer of preventative security to their Okta identity platform to help thwart account takeovers. Shape’s technology will work with Okta’s platform to help determine in real time whether a login attempt is legitimate or an attack.
One of the most common and costly types of cyberattacks is credential stuffing, the process by which criminals use automated processes to test millions of hacked or breached account credentials on other websites or applications. Depending on the industry, credential stuffing can account for up to99percent of a website’s login traffic. Shape Enterprise Defense detects and blocks automated attacks like credential stuffing on websites, mobile applications and APIs. The new integration helps defeat such attacks and provides an additional layer of security.
“Security should never compromise convenience, which is why Shape and Okta are creating products that provide invisible layers of protection without interfering with the user experience. This partnership is the epitome of that shared vision,” said Sumit Agarwal, co-founder and chief operating officer, Shape Security. “Not only will this integration provide our joint customers with an extra layer of security before the login process, but it will also provide a highly secure, flexible and easy-to-manage sign-in infrastructure.”
Shape has created a collective customer defense, meaning that as soon as a new attack technique is identified, every organization within Shape’s network is immediately protected from it. Today, Shape protected 100 million logins for the world’s largest companies, including:
-- Three of the Top 5 US banks -- Five of the Top 10 global airlines -- Two of the Top 5 global hotels -- Two of the Top 5 US government agencies
Shape Enterprise Defense is a fully managed service that operates in parallel with the Okta Identity Cloud so that detected attacks can be stopped with virtually no effort from enterprises. The integration reduces fraud by helping eliminate credential stuffing attacks.
“In today’s threat environment, all organizations need to make sure that only the right people have the right access to the right resources, a goal that Okta and Shape Security can help bring to fruition,” said Chuck Fontana, vice president of integrations and strategic partnerships, Okta. “By leveraging Okta’s strength in securely connecting an organization’s customers to data and applications, combined with Shape’s ability to effectively detect and prevent account takeovers or fake registrations, customers can add an additional line of defense while still ensuring a frictionless user experience.”
About Shape Security Shape Security is defining a new future in which excellent cybersecurity not only stops attackers, but also welcomes good users. Shape disrupts the economics of cybercrime, making it too expensive for attackers to commit online fraud, while enabling enterprises to more easily identify and transact with genuine customers on their websites and mobile apps. The world’s leading organizations rely on Shape as their primary line of defense against attacks on their web and mobile applications, including three of the Top 5 US banks, five of the Top 10 global airlines, two of the Top 5 global hotels and two of the Top 5 US government agencies. The Shape platform, covered by 55 patents, was designed to stop the most dangerous application attacks enabled by cybercriminal fraud tools, including credential stuffing (account takeover), fake account creation, and unauthorized aggregation. Today, the Shape Network defends 1.7 billion user accounts from account takeover and protects 30% of all US savings. The company is headquartered in Mountain View, California, and also has offices in London and Sydney.