30 Smartest Companies of the year 2020
CIO Bulletin
Identity Access Management (IAM) and Security Operation teams are now being asked to do the impossible – manage and secure multiple, complex, and vastly different cloud platforms while keeping up with the never-ending expansion of new machine and human identities, accounts, resources, services and privileges. CloudKnox Security proactively addresses insider threats by delivering continuous detection and remediation of the over-privileged machine and human users leveraging our patented Activity-based Authorization protocol. Its Cloud Security platform continuously monitors every machine and human identity action on every resource across any cloud for anomalies and suspicious behavior - alerting you to the first signs of potential danger.
CloudKnox Security was established in 2016. It was born out of real operational challenges that BalajiParimi, Founder and CEO of CloudKnox, faced in his previous roles at other companies. In these organizations, there was no way to determine which users were doing what to which resources. Balaji realized that there were no real applications available that could give him answers – and solutions. It became apparent to him that there was a massive gap in the market.
Enterprises lack complete visibility and control of their cloud infrastructure. When this happens, IAM and security operation teams cannot determine what actions are being performed by which users on their critical cloud resources, leaving them wide open to accidental or intentional privilege misuse. To address this, Balaji’s wanted to build a SaaS platform for the cloud that would render static legacy models like Role-based Access Controls (RBAC) and expensive, time-intensive manual processes obsolete. His journey eventually led him to invent Activity-based Authorization – a dynamic data-driven protocol that collects and analyzes in real-time the activity of machine and human identities across multiple cloud platforms.
Today, the CloudKnox platform is changing the paradigm for how enterprises implement and continuously enforce the principle of least privilege across clouds. CloudKnox does this by fundamentally abstracting out the layer of complexity associated with managing the exponential growth of machine identities, services, privileges, and resources across different cloud operating models. “As enterprises embrace the cloud and its technology, they often lack the level of visibility and insight required to understand what operations their machine and human identities perform on their cloud infrastructure. CloudKnox not only provides granular visibility and deep insights, but we also give our customers a simple and quick way to mitigate the risks they uncover,” says Balaji.
CloudKnox Security quite simply transforms the way enterprises protect their critical cloud resources from insider threats. It empowers IAM, security operations, and cloud infrastructure teams to continuously monitor and enforce the principle of least privilege across hybrid and multi-clouds using its patented Activity-based Authorization Protocol. CloudKnox deploys in minutes to deliver granular visibility, actionable insights, and control of machine and human identities with excessive high-risk privileges from day one.
The company was recently named a 2020 winner in the Cyber Defense Magazine Annual Black Unicorn Awards. The company competed against many of the industry’s leading providers of cybersecurity products and services for this prestigious award, which recognizes CloudKnox as a Top 100 Cyber Security Startup for Cyber Defense Magazine’s audience of CISOs, CIOs, investors and industry thought leaders.
The Leader
BalajiParimi, Founder and CEO
He is the Founder and CEO of CloudKnox Security, the only Cloud Security Platform built from the ground up to support the management of identity privileges across multi-cloud environments using an Activity-based Authorization model. In October 2018, Balaji secured $10.8 million in funding for CloudKnox led by Jay Leek, Managing Director at ClearSky Security and former Blackstone CISO, which coincided with the launch of the CloudKnox Cloud Security Platform. Since then, Balaji has helped CloudKnox become a Top Ten Finalist in the RSA Innovation Sandbox Contest and presented at RSA on behalf of the company. Prior to this, Balaji was Vice President of Engineering and Operations at CloudPhysics, Staff Engineer at VMware, Architect and Technical Lead at 8X8, and Senior Software Engineer at Quality Call Solutions.
“CloudKnox delivers the only multi-cloud permissions management platform that enables the automated enforcement of least privilege policies at cloud scale.”
“CloudKnox proactively addresses insider threats by delivering continuous detection and remediation of over-privileged machine and human users leveraging our patented Activity-based Authorization protocol.”
“We streamline all activity across four key cloud platforms, and our customers get easily consumable data that makes it simple to take immediate action and significantly reduce insider risk.”
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