accSenSe raises €5m Seed, to help protect Okta environments from cyber attacks

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Okta is one of the largest identity & access management (IAM) platforms in the world (i.e. a software that regulates which users can log into what application in a company’s network). While Okta tries to automatically detect & block unauthorized access requests, given its important role in companies’ cybersecurity operations, it’s a frequent target for hackers (as gaining access would allow them to create malicious user accounts with access to sensitive systems or disrupt employee access to internal applications). In comes Israel-based accSenSe, founded in 2020 by Muli Motola (CEO) & Daniel Naftchi (CTO), which offers a platform to help companies protect their Okta environments from cyberattacks. The startup provides tools to identify potentially malicious changes to an organization’s Okta environment, as well as ease the detection of technical issues caused by human error. Moreover, the platform’s fail-over tool automatically creates backup copies of an Okta environment: in the event of a cyberattack or configuration error, administrators can recover the most recent backup with one click (& employees can continue accessing applications while administrators perform troubleshooting). The company claims it can provide a recovery point objective (RPO) (a metric that describes how much data is lost in the event of an outage) of about 10 minutes & that installing the software takes as little as a few minutes. In doing so, accSenSe competes fellow Israel-based startup rezonate (<€10m). <Souces: siliconangle.com, thecyberwire.com, geektime.com, venturebeat.com>