Technology

Securden Recognized as a Market Leader in GigaOm Radar Report for Enterprise Password Management

Published

6 months ago

July 3, 2024

Securden emerges as a leader and an outperformer due to its exemplary execution of emerging features, rapid market progress, and its ability to deliver overall maximum value to customers.

Earns top ratings in many key evaluation criteria, including platform security, security auditing, PAM capabilities, ease of management, ease of use, and scalability.

WILMINGTON, Del., July 3, 2024 /CNW/ — Securden, Inc., a leading provider of privileged access and identity security solutions, today announced that it has been recognized as a leader and outperformer in GigaOm Radar Report for Enterprise Password Management.

Securden has become a leader with cutting-edge features, rapid market advancements, and consistent customer value.

GigaOm rigorously assesses leading vendors in various solution segments based on a set of functional and non-functional criteria and produces Radar reports. These reports aim to assist decision-makers in enterprises by providing valuable insights to evaluate solutions and make well-informed investment decisions.

“Password Management presents a very challenging landscape for IT teams targeted with managing IT security, and it comes with a high operations overhead, that can be costly, complex, and can easily lead to mistakes,” explains Paul Stringfellow, the author of the GigaOm Radar report on Enterprise Password Management. “The enterprise password management segment has many mature vendors with long-established products. Improving password security posture should be a priority for organizations of any size. Finding the right password management solution will deliver significant improvement,” the analyst emphasizes.

The GigaOm Radar report 2024 on Enterprise Password Management examined 13 top enterprise password management solutions. “Securden Password Vault for Enterprises / Unified PAM is positioned in the innovation/platform play quadrant. It offers a strong solution, and its approach in this space is to take its customers on a journey to broader PAM, with password management simply one focus area. It scored well across all of the decision criteria we evaluated, placing it as a leader, and its execution of the emerging features and rate of progress in the market classify it as an Outperformer,” states the report.

Securden has earned top ratings in many key evaluation criteria, including platform security, security auditing, PAM capabilities, ease of management, ease of use, and scalability.

“We are proud to be recognized as a market leader in Enterprise Password Management by GigaOm Radar,” said Bala Venkatramani, CEO, Securden, Inc. “Protecting various types of identities used by humans and machines is the top priority for IT teams. Our platform now offers one of the most comprehensive privileged identity security solutions and is witnessing rapid adoption by SMBs and Enterprises globally. With innovation at the core, we are committed to offering simplicity and affordability in cybersecurity. This recognition as a Leader in the GigaOm Radar affirms our strong market presence and our approach to providing powerful capabilities to strengthen our customers’ security posture.”

Securden offers robust protection measures for the vault with a range of controls, including hardening of access to vaults, resilient deployment, and strong data protection approaches.

With a wide range of assessments, reports, alerts, and notifications, Securden provides insight into current password usage, indicates where password practices are poor, highlights password reuse, and flags failure to follow password standards, breach warnings identifying passwords that have been compromised, and more. These measures significantly help reduce password-related risks.

The report highlights the following areas as strengths of Securden:

Ease of management: Offers a broad range of out-of-the-box integrations including AD, any LDAP-compliant directory service, any SAML-based SSO solution (Okta, GSuite, ADFS, OneLogin, Ping, Azure AD SSO), MFA tools, ticketing systems, and SIEM systems. This allows the solution to be well integrated into the existing technology stack, making it easier to ensure password management is part of the overall security operations process.

Password policy management: Securden offers a strong set of capabilities. The ability to scan for local account and machine passwords is useful, and when coupled with Securden’s ability to reset machine passwords at scale, it can be a very powerful tool. It can identify accounts that are non-compliant with password policies and recommends remedial measures through actionable reports and dashboard listings. Policies can be enforced upon identification of non-adherence or non-compliance. Its dark web monitoring capability also adds a significant benefit.

Cross-platform support: Securden provides comprehensive coverage of a wide range of endpoints including browsers, mobile devices, and desktop apps. Secrets management allows for credentials to be called via APIs by developers rather than leaving them in code. Its remote session manager allows operators to connect to machines directly from the vault (via a native tool or RDP) without needing to share or view passwords, providing a secure remote operations platform.

Key observations about Securden in the report include:

Securden provides a useful function in that accounts can also include remote machine access, allowing operations teams to connect to machines directly from the platform without knowing or sharing passwords.Functional secrets management capability that can hold SSH keys and certificates that can be called via APIs.Password sharing is available across groups, and it also has an innovative secure share option with third parties.Securden offers good reporting with comprehensive risk reports, a dark web breach module to look for internet-leaked credentials, and business and personal vaults for users.Prebuilt integrations with Azure AD, Entra ID, and LDAP databases, SSO, MFA tools, ticketing systems, and SIEM systems.Securden services customers across all sectors, from SMB to enterprise and MSPs. In fact, Securden offers a Unified PAM for MSPs product specifically for service providers. Securden also offers a Unified PAM tailored specifically for government agencies.

Streak of Recognition

EMA Research, a top industry analyst firm, recently published an impact brief recognizing the Securden Unified PAM MSP platform as a groundbreaking development in privileged access management for MSPs. The brief stated that Securden’s solution represents a significant milestone in the cybersecurity landscape for MSPs. “By eliminating the need for disparate PAM solutions and providing comprehensive functionality within a single package, Securden empowers MSPs to deliver robust, scalable, and secure PAM services to their clients with unparalleled efficiency and confidence,” states the impact brief.

About Securden

Securden is a leading provider of privileged access governance and identity security solutions that uniquely combine the zero-trust architecture’s critical security principles, least privilege enforcement, and continuous risk assessment to prevent cyberattacks, malware propagation, and insider exploitation. With a refreshingly new approach, Securden offers complete control over privileged access, visibility without barriers, and superior access governance across cloud, physical, and virtual environments. Securden products (Password Vault for Enterprises, Unified PAM, Endpoint Privilege Manager, and Unified PAM MSP) have been designed for security and scalability and are trusted by organizations of all types and sizes, including large banking and financial institutions, government agencies, healthcare organizations, educational institutions, IT service providers, MSPs, and manufacturing companies across the globe.

To learn more, visit https://www.securden.com/, https://www.securden.com/password-manager/index.html and https://www.securden.com/privileged-account-manager/index.html

Media Contact
James Gordon
james@securden.com

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SOURCE Securden, Inc.

Technology

Plume Network Partners with Maseer to Tokenize $200M of Carbon Allowances

Published

57 minutes ago

December 27, 2024

NEW YORK, Dec. 26, 2024 /PRNewswire/ — Plume Network is proud to announce a strategic partnership with Maseer, an Abu Dhabi based tokenization platform, to bring $200M in Carbon Allowances exclusively on-chain to Plume. Built on Plume’s Real-World Asset Finance (RWAfi) ecosystem, Maseer will offer a tokenized solution to one of the fastest-growing alternative asset classes: compliance carbon.

Empowering Climate Action Through Compliance Carbon Tokenization

Compliance carbon has been one of the fastest growing alternative asset classes given increased regulatory and business scrutiny on emissions. The S&P Global Carbon Credit Index, which tracks the most liquid segment of the tradable carbon credit futures markets, has seen a 15.68% annualized return over the past five years. The value of these markets reached nearly one trillion USD in 2023.

The partnership with Plume Network allows Maseer to bring fully collateralized carbon products on-chain, where they will be fully compatible with Web3’s potent DeFi sector. DeFi integration vastly enhances compliance carbon markets with superior liquidity solutions and greater access to a global body of investors, broader market demand, and new yield sources.

“We are excited to partner with Plume to bring carbon allowances on chain. Plume is uniquely positioned to bring this vision to fruition because they are the only chain purpose built for RWAs. They’ve raised the bar with their tokenization engine, infrastructure tooling, and ecosystem network effects. We believe Plume is on the bleeding edge of on-chain adoption of RWAs,” said Bradley Allgood, CEO of Maseer.

“Energy transition is an asset category that we have been increasingly focused on at Plume because of growing demand for climate action, both from a government and corporate sustainability perspective. Volumes for the global carbon credit market are forecasted to grow at a 39% CAGR from 2024 to 2033,” said Teddy Pornprinya, Chief Business Officer and Co-Founder at Plume Network.

What are carbon allowances?

Compliance carbon allowances trade under cap-and-trade programs known as Emissions Trading Systems (ETS). These systems create transparent, liquid markets that are government-mandated and regulated. As of April 1, 2024, approximately 18 percent of global greenhouse gas emissions are covered by emissions trading systems (ETS). Carbon allowances are distinct from project-based carbon offsets and offer a market-based approach to regulating a region’s emissions, with mandatory participation for specified industries. Carbon allowance supply is managed by government agencies and adjusted primarily through an annually declining cap. 

About Plume
Plume is the first fully integrated L1 modular blockchain focused on RWAfi, offering a composable, EVM-compatible environment for onboarding and managing diverse real-world assets. With 180+ projects on its private devnet, Plume provides an end-to-end tokenization engine and a network of financial infrastructure partners, simplifying asset onboarding and enabling seamless DeFi integration for RWAs. Learn more at https://www.plumenetwork.xyz/ or contact press@plumenetwork.xyz

About Maseer
Maseer operates out of Abu Dhabi Global Market (ADGM), the world’s leading Special Economic Zone (SEZ) for digital asset innovation. Maseer is led by Tokenization and Free Zone Veteran Bradley Allgood and is focused on the design of bringing real world assets on chain to be fully interoperable with DeFi. Maseer has developed strategic relationships with Sovereign Nations and Large Enterprises to identify the highest quality real world assets around the world.

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SOURCE Plume Network

Technology

LG Energy Solution Hosts ‘Battery Innovation Contest (BIC) 2025’ to Foster Breakthrough Battery Technologies

Published

3 hours ago

December 26, 2024

The company opens international research contest to strengthen technology leadership; open for entries until January 31, 2025Selected researchers to receive annual research funding of up to USD 150,000 annuallyBIC program revamped to enhance two-way collaboration between industry and academia

SEOUL, South Korea, Dec. 26, 2024 /PRNewswire/ — LG Energy Solution (KRX: 373220) has announced its launch of the ‘Battery Innovation Contest (BIC) 2025’ to identify and support the next groundbreaking battery technologies.

Innovators from universities and research institutions worldwide are encouraged to submit proposals until January 31, 2025, at https://bridge.lgensol.com/.

Since its inaugural competition in 2017, BIC has been LG Energy Solution’s flagship research contest. This year’s edition has been revamped to foster greater collaboration between academia and industry.

Selected researchers will receive annual research funding of up to USD 150,000 annually. Additional funding may be granted to projects making significant achievements through extended contracts.

Maximizing Industry–Academia Benefits through Two-way Communication

Unlike previous iterations of the competition, ‘BIC 2025’ allows participants to submit proposals on specific topics pre-announced by LG Energy Solution.

“By presenting specific research optics, we aim to go beyond merely supporting academia and maximize the mutual benefits between the industry and academia,” said an LG Energy Solution spokesperson.

To facilitate active collaboration, LG Energy Solution has introduced the ‘BRIDGE‘ system, a platform designed to manage open innovation programs like BIC. The system facilitates seamless collaborations with features that help teams working on joint research projects track their objectives and deliverables.

LG Energy Solution has unveiled the preselected 18 research topics for collaborative projects on the ‘BRIDGE‘ platform, such Battery Safety diagnosis algorithm technology and New materials for LFP Batteries topic. At the same time, the contest retains its traditional format to ensure participants are free to propose completely original research ideas. All research proposals must be submitted through the ‘BRIDGE‘ system.

“Providing Differentiated Customer Value via Enhanced Technology Leadership”

To protect the original ideas of every participant, LG Energy Solution has split the application process into two stages: initial proposals that provide concise information, followed by detailed proposals from a shortlist of candidates. This change aims to safeguard the ideas of researchers not selected for funding.

“The BIC platform serves as a bridge of wisdom between members of academia and industry, driving technological innovation for the all-important battery sector,” said Je-Young Kim, CTO of LG Energy Solution. “Through this initiative, we aim to provide differentiated value to our customers by strengthening our technology leadership.”

As of today, LG Energy Solution has supported 26 battery research projects through the ‘BIC’ initiative, with some evolving into large-scale projects that have received additional funding and resources. Thanks to the success of this competition, the company continues to establish partnerships with world-leading universities and research institutions, reinforcing its commitment to preparing the battery field for the future.

About LG Energy Solution

LG Energy Solution (KRX: 373220), a split-off from LG Chem, is a leading global manufacturer of lithium-ion batteries for electric vehicles, mobility, IT, and energy storage systems. With 30 years of experience in revolutionary battery technology and extensive research and development (R&D), the company is the top battery-related patent holder in the world with over 58,000 patents. Its robust global network, which spans North America, Europe, and Asia, includes battery manufacturing facilities established through joint ventures with major automakers. Committed to building sustainable battery ecosystem, LG Energy Solution aims to achieve carbon neutrality across its value chain by 2050, while embodying the value of shared growth and promoting diverse and inclusive corporate culture. To learn more about LG Energy Solution’s ideas and innovations, visit https://news.lgensol.com.

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SOURCE LG Energy Solution

Technology

SM approaches 2025 with cautious optimism

Published

3 hours ago

December 26, 2024

PASAY CITY, Philippines, Dec. 27, 2024 /PRNewswire/ — The SM Group is approaching the coming year with cautious optimism, encouraged by the continued growth of the Philippine economy.

SM Investments President and Chief Executive Officer Frederic C. DyBuncio said that despite ongoing challenges of peso volatility and higher inflation, the business sector has adapted well.

Consistent demand sustained household spending in the third quarter, with Household Final Consumption Expenditure posting a year-on-year growth of 5.1%, maintaining the same level in the same quarter last year, data from the Philippine Statistics Authority showed.

“Any moderation in inflation should trigger a strong confidence rebound. This could create opportunities in consumer-focused sectors in the country and we are poised to cater to these evolving demands,” Mr. DyBuncio said.

To cater to growing demand, SM continues to expand into more underserved areas, contributing to sustainable economic development and collaborating with government stakeholders to enhance access to modern retail, financial services, and integrated property developments.

“By investing and expanding to more areas nationwide, SM creates new markets and improves access to these essential sectors, serving more communities and helping stimulate sustained economic activities,” he said.

Mr. DyBuncio also said SM continues to invest in promising ventures such as renewable energy and logistics, that foster economic activity.

SM has invested in the clean energy industry through Philippine Geothermal Production Company (PGPC) which produces 300 Megawatts of geothermal steam supply. SM aims to continue to develop geothermal concessions through PGPC in support of the Department of Energy’s goal of reaching 50% renewable energy supply by 2040.

To encourage circularity towards green energy production, SM’s property arm, SM Prime Holdings partnered with GUUN Co. Ltd. (GUUN) to implement the Japanese technique of reducing landfill impact. The technology converts non-recyclable and hard-to-recycle packaging into alternative fuel.

SM’s banking arm, BDO Unibank is one of the largest funders of renewable energy projects. BDO has funded PHP898 billion in sustainable finance, including loans to 59 renewable energy projects as of December 2023.

In logistics and tourism, the improvement of transport networks across the country’s archipelago connects tourist and industrial areas that will help create inclusive growth. SM though its subsidiary 2GO launched MV Masigla and MV Masikap in 2024 to help better connect goods to 19 ports across the country including Iloilo, Bacolod, Cagayan de Oro and Manila, further supporting the government’s push for medium term growth through an upgraded tourism infrastructure and ecosystem.

“Our focus for 2025 will be to drive purposeful growth, empowering communities and partners through our investments towards a sustainable future,” Mr. DyBuncio said.

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SOURCE SM Investments Corporation