Proofpoint, Inc. announced a product integration between its CASB solution and Okta, giving customers the ability to detect and remediate suspicious logins for all 7,000+ cloud applications federated through the Okta Identity Cloud. With this announcement, Proofpoint CASB now supports the detection and remediation of suspicious logins in cloud applications federated by three popular identity providers: Microsoft Active Directory, Okta, and Google, covering the majority of today's enterprise applications. In November 2021, Gartner® recognized Okta as a Leader in the Magic Quadrant™ for Access Management with the higher “Ability to Execute" of all vendors evaluated.

Fueled in part by the ongoing pandemic, cloud account takeover is surging, costing companies millions in resources and lost revenue. According to research from Ponemon Institute, companies lose an average of $6.2 million annually from compromised cloud accounts—or about 3.5% of their total revenues. Survey respondents also reported 64 cloud account compromises per year on average, with 30% exposing sensitive data.

And things appear to be getting worse, with 50% of respondents saying the volume or frequency of cloud account compromises has increased over the course of 12 months.