Israeli AI Security Startup Cyera Acquires Oasis Security for $1 Billion
Israeli cybersecurity firm Cyera announced Wednesday the acquisition of fellow Israeli startup Oasis Security for $1 billion. The deal combines Cyera's expertise in enterprise data understanding and security with Oasis's platform for managing non-human identities, effectively integrating the two critical aspects of accessing organizational information: the data itself and the identities seeking access.
The merged platform aims to provide global organizations with a unified system for managing access for humans, systems, and AI agents to enterprise data, along with their permitted actions. This acquisition arrives at a pivotal moment in the cybersecurity industry, driven by the rapid adoption of AI agents. These autonomous, machine-speed entities possess high-level permissions, posing significant security risks even without direct breaches, as they can access unauthorized information.
Cyera reports a nearly 500% surge in non-human identities within Fortune 500 companies in the last six months alone. Concurrently, an increasing number of tasks previously handled by humans are being delegated to AI agents operating at scale. This shift necessitates that organizations adapt their data security and infrastructure management strategies to accommodate AI agents accessing and acting upon information autonomously.
Oasis Security, founded in 2022 by CEO Dani Brickman and CPO Amit Zimmerman, both veterans of the military intelligence unit 81, developed a platform for managing non-human identities. This platform enables organizations to continuously monitor and enforce policies regarding which systems and AI agents can access specific resources, under what context, and for how long.
Following the acquisition, Oasis's platform will be rebranded as Cyera Identity, becoming a dedicated identity layer within Cyera's broader platform. This integration will unify data and identity management, allowing organizations to make access decisions based on identity, the target data, and the operational context. Both companies' leaders emphasized the critical need to align security infrastructure with the pace of AI development, creating a comprehensive system for managing AI agent access and actions.
