Intelligent Tech Channels Issue 65 | Page 59

MARKET MOVEMENT

SALTO introduces face recognition access control for Australian customers with the acquisition of TouchByte

Marc Handels , Chief Technology and Innovation Officer , SALTO Systems , says “ We are committed to the use of secure biometric technology as the future of access control . In the past two years , we have accelerated the development of frictionless access control solutions through various strategic investments . Our Australian customers , like our global customers , are concerned with heightened safety and security and interested in the benefits of facial recognition smart access control , which can provide a handsfree smoother UX , increased verification speeds and even better system integrations .”

Digital credentials , digital identities , and facial recognition are becoming the standard across all industries , with automatic face recognition emerging as a key technology to address Australian customers and global market needs .

In 2022 , SALTO Systems acquired Cognitec , a major and growing player in facial recognition technology . SALTO Systems is committed to enhancing its access control solutions through biometrics and using face recognition technology to facilitate a frictionless smart access experience . By integrating its flagship FaceVACS algorithm , powered by Cognitec , into SALTO ’ s smart devices , SALTO brings a whole new range of capabilities to its portfolio of products to enable additional use cases in applications across several industries .

Through the recent acquisition of TouchByte , a UK-based technology innovator focused on facial recognition , SALTO will accelerate the development and time-tomarket of the first and most advanced face recognition access control solution and realise Cognitec ’ s algorithm potential through TouchByte ’ s solutions portfolio and facial management platform . Bringing TouchByte under the SALTO Group umbrella reinforces SALTO ’ s commitment to innovation and the development of new technologies .

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IBM acquires Polar Security to boost automated cloud data protection

This is IBM ’ s 5th acquisition in 2023 . Since Arvind Krishna became CEO in April 2020 , IBM has acquired more than 30 companies , bolstering its hybrid cloud and artificial intelligence capabilities .

Founded in January 2021 , Polar Security is a pioneer of data security posture management , an emerging cybersecurity segment that reveals where sensitive data is stored , who has access to it , how it ’ s used , and identifies vulnerabilities with the underlying security posture , including with policies , configurations , or data usage .

An agentless platform that connects within minutes , Polar Security can automatically find unknown and sensitive data across the cloud , including structured and unstructured assets within cloud service providers , SaaS properties , and data lakes . Once discovered , Polar Security classifies the data , maps the potential and actual flow of that data , and identifies vulnerabilities , such as misconfigurations , over-entitlements , and behaviour that violates policy or regulations .

Based on a risk-based prioritization methodology , Polar Security provides remediation reports that pinpoint the most pressing security risks and compliance violations and provides an analysis of the underlying causes and practical recommendations to address them . Financial terms were not disclosed .

IBM plans to integrate Polar Security ’ s DSPM technology within its Guardium family of leading data security products . With the integration of Polar Security ’ s DSPM technology , IBM Security Guardium will provide security teams with a data security platform that spans all data types across all storage locations – SaaS , on premise and in public cloud infrastructure . •

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