World Economic Forum Names Oleria as 2024 Technology Pioneer

Oleria, a provider of adaptive and autonomous identity security, has been selected by the World Economic Forum (WEF) as a 2024 Technology Pioneer. This program identifies 100 leading organizations that are driving transformative technologies. The selection places Oleria in a group that will inform and advise international leaders in government, academia, and business on global initiatives and cybersecurity insights.

Identity security has emerged as a critical issue, with 80% of breaches involving compromised identities. The increase in SaaS applications and AI has led to a 71% annual rise in identity-targeted attacks, as reported by the 2024 IBM® Threat Intelligence Index. Cybercriminals are exploiting valid account abuses as their primary entry method, highlighting the inadequacy of legacy systems in addressing modern security challenges.

Oleria's CEO, Jim Alkove, a former Chief Trust Officer at Salesforce, emphasized the company's commitment to adaptive and autonomous identity security. Oleria’s platform provides detailed access visibility and usage insights, enabling security teams to understand and manage access permissions effectively. Phil Quade, COO at Evolution Equity Partners, highlighted Oleria's innovative approach to identity security as a comprehensive solution for modern cyber threats.

Oleria's recognition as a WEF Technology Pioneer underscores its role in shaping the future of cybersecurity and advancing global standards.