Latest news with #PAM
Yahoo
15 hours ago
- Business
- Yahoo
CyberArk's (CYBR) Price Target Raised to $480 at Jefferies
CyberArk Software Ltd. (NASDAQ:CYBR) is one of the 11 must-buy AI stocks analysts are betting on. On June 16, Jefferies reiterated its Buy rating on the stock and increased the price target to $480 from $430. The adjustment comes as the research firm remains confident about the company's strong positioning in the cyber-attacks market. Den Rise/ According to Jefferies, CyberArk Software has outperformed the overall market with a 16% yearly gain. The impressive run is supported by the company's 35.12% revenue growth and 77.91% gross profit margin, affirming growth. Jefferies expects the company to register significant growth in its annual recurring revenue through new Privileged Access Management (PAM) customers, maintenance conversions, and cross-selling opportunities. The firm also expects the company to achieve free cash flow margins of over 27%. CyberArk Software Ltd. (NASDAQ:CYBR) is a software company specializing in cybersecurity, focusing on Identity Security and Privileged Access Management (PAM). Its solutions help organizations protect their valuable assets by securing access to human and machine identities across various environments. It uses Artificial Intelligence (AI) in its Identity Security Platform to enhance security, efficiency, and user experience. While we acknowledge the potential of CYBR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 12 Best Healthcare Stocks to Buy Now and 10 Stocks Analysts Are Upgrading Today. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Forbes
3 days ago
- Business
- Forbes
Multiplayer AI: The New Operating Model For Identity Security
Dr. John Pritchard is the Chief Product Officer at Radiant Logic, responsible for the company's global product vision. AI-powered deepfakes and credential attacks are rewriting the rules of cyber risk, with identity-related breaches now costing organizations an average of $4.45 million per incident and accounting for over 70% of successful attacks on enterprise infrastructure and supply chains. Despite record investments in detection and response, breaches keep making headlines. Why? I call this the identity security paradox: More technology doesn't equal protection, especially if tools—and the people and AI agents using them—don't work together. Identity is the primary attack surface in the enterprise. Most organizations built their identity security stack on a traditional combination of IAM, IGA and PAM, but the rapid proliferation of cloud apps, machine identities and AI agents outpace these traditional controls. The result? Siloed data, unmanaged privileged accounts and hidden nonhuman identities—each a potential attack vector. Gartner finds that 65% of organizations still lack IAM maturity, weighed down by technical debt and fragmented architectures. Point solutions deployed to 'fix' audit findings or compliance gaps create more complexity, not less. Attackers exploit these seams, moving laterally between systems and identities that aren't monitored holistically. CISA's Silentshield Red Team Assessment demonstrated that decentralized teams and poor communication allowed adversaries to persist undetected, even when individual groups spotted anomalies. The lesson is clear: Solo efforts—whether a lone expert, an isolated AI agent or a disconnected tool—cannot keep pace with adversaries who are increasingly agile, automated and collaborative. To close these gaps, interoperability must become the standard for tools and the people and AI agents using them. Interoperability means more than connecting dashboards or sharing alerts. It's about ensuring that identity security posture management (ISPM) and identity threat detection and response (ITDR) systems share data, context and workflows in real time, across both human and machine identities. Gartner recommends a 'system of systems' approach, built on identity fabric principles, to support zero trust and intelligent automation. This means breaking down technical and organizational silos so prevention and detection teams operate from a unified, continuously updated single source of truth for identity data—a concept Gartner identifies as foundational for modern identity security. This trusted, authoritative data layer enables faster, more accurate decisions and ensures that every team acts on the same intelligence. When ISPM and ITDR interoperate, and when human and AI teammates collaborate based on shared reference points, blind spots shrink and attackers have fewer seams to exploit. I call the next evolution in identity security: multiplayer AI—intelligent systems designed to amplify human capabilities through enhanced teamwork. Gartner predicts by 2027, 90% of successful AI implementations in cybersecurity will focus on tactical task automation and process augmentation, not full autonomy or staff replacement. Multiplayer AI enables human and AI collaboration, breaking down silos and bridging gaps between prevention and detection. AI excels at analyzing vast datasets, detecting patterns humans miss and automating repetitive processes. Critical decisions, like determining whether anomalies are a threat or false positives, still require human judgment and contextual understanding. Studies show organizations using collaborative AI models—human decisions based on AI recommendations—see faster response times, fewer security incidents and improved resilience. The key is not just technology, but teamwork: AI handles the heavy lift of data processing and pattern recognition, while humans provide creativity, ethical oversight and business context. Thankfully, the industry is moving quickly. With the meteoric rise of agentic AI, open standards like Model Context Protocol (MCP) and Agent2Agent (A2A) are enabling AI agents from different vendors, clouds and frameworks to communicate, share context and coordinate tasks securely. Technology partners including OpenAI, Microsoft and Google are already adopting these protocols, breaking down silos that limit automation's impact. For business leaders, agentic AI means specialized agents for threat detection, access management, compliance and user behavior analytics can now form ad hoc teams-automating complex workflows and adapt to new threats. By 2028, Gartner forecasts multiagent AI will account for 70% of threat detection and response implementations, primarily to augment—not replace—staff. Early adopters will see measurable results: Leveraging agent-to-agent collaboration is predicted to cut attacker dwell time in compromised environments by up to 50%, while accelerating response and reducing operational risk. When humans and AI work together, identity security becomes faster, smarter and more resilient. 1. Establish an interoperability baseline. Audit ISPM and ITDR tools for data sharing and workflow integration across human and machine identities. Ensure architectures support agent-to-agent interoperability using open standards like MCP and A2A, so specialized agents can collaborate and automate cross-vendor workflows. Set quarterly targets to reduce IAM tool integration gaps. 2. Pilot tactical AI augmentation. Start with a focused, data-driven use case, such as automated privilege review or anomaly detection. Track improvement in response time and risk reduction. 3. Build AI literacy and human oversight. Train teams on both the benefits and limits of AI, including where human verification is required in critical workflows. 4. Continuously review identity hygiene. Use AI-driven discovery to identify unused or risky accounts, but require human validation before making changes. Aim to reduce privileged account sprawl and remediate orphaned accounts as they are detected. 5. Measure what matters. Track outcome-driven metrics such as percentage reduction in excessive permissions, improvement in MFA deployment rates and decreased incident response times. For example, reducing excessive permissions by 20% and increasing MFA coverage to 95% of privileged accounts within one year. The next breach won't be stopped by just another dashboard or a new AI agent. Organizations that have achieved true interoperability across tools, teams and AI will be able to respond more accurately to security issues. Multiplayer AI and agent-to-agent collaboration will lead the blueprints for resilience in the age of AI turbulence. Start by assessing your current environment for interoperability gaps, unify your tools and teams and empower your people with AI that amplifies—not replaces—their expertise. In the high-stakes game of identity security, victory belongs to those who play as a team. Forbes Technology Council is an invitation-only community for world-class CIOs, CTOs and technology executives. Do I qualify?
Kuwait Times
3 days ago
- Business
- Kuwait Times
Kuwait, Egypt discuss forming committee to recruit skilled labor
Ambassador Osama Shaltout KUWAIT: Kuwait and Egypt are in discussion to form a joint technical committee to coordinate the recruitment of Egyptian skilled labor, in a step aimed at addressing labor market needs while upholding regulatory standards, Egypt's State Information Service said on Monday. The announcement follows a meeting between Egypt's Ambassador to Kuwait, Osama Shaltout, and Acting Director General of Kuwait's Public Authority of Manpower (PAM), Marzouq Dhaifallah Al-Otaibi, at PAM headquarters in Kuwait City. According to Egypt's State Information Service, the committee is expected to include representatives from Egypt's Ministry of Labor and will align labor supply with sector-specific demands in the local economy, the statement added. The move comes nearly 14 months after Kuwait suspended the issuance of new work visas for Egyptian nationals in April 2024. The suspension aimed to impose stricter controls on recruitment and prioritize applicants with higher education credentials and skills relevant to the Kuwaiti labor market. Local media at the time cited complaints from employers as one of the primary drivers behind the policy change. While the visa suspension remains in place for now, the new coordination mechanism signals a potential step toward resuming regulated labor flows - albeit under stricter qualifications and oversight. During the meeting, Ambassador Shaltout commended Kuwaiti officials for the services provided to Egyptian workers. He also praised PAM's efforts to advance bilateral cooperation on labor issues. 'We are pleased with the continued efforts to strengthen ties and ensure the protection of workers' rights while supporting the development goals of both countries,' he said. The Public Authority of Manpower welcomed the Egyptian initiative, describing it as part of a shared commitment to 'enhancing the historical relations between the two countries' and improving labor market outcomes through tighter coordination. Both sides stressed the importance of sustained communication to ensure the success of the plan and affirmed that the initiative serves the mutual interests of Egypt and Kuwait, said the statement.
Arab Times
3 days ago
- Business
- Arab Times
Kuwait To Offer Exit Permits In English For Expats Soon
KUWAIT CITY, June 17: The Public Authority for Manpower (PAM) is now preparing for the implementation of the exit permit system for expatriate workers in the private sector that will take effect on July 1. The authority also reviewed the comments of relevant government agencies on the system and it has started coordinating with other concerned government agencies to activate the system. It continues to hold a series of meetings in order to address and respond to any comment. Acting Deputy Director for Planning and Administrative Development at PAM Rabab Al-Osaimi disclosed that the issuance of an exit permit through the announced systems enables the workers to avail services through the 'Easy Companies' page or 'Easy Manpower' page under the 'Labor Services' portal, in addition to the Sahel Individuals application. She confirmed that 'The new service was activated as per the directive of First Deputy Prime Minister and Minister of Interior Sheikh Fahd Al-Yousuf to protect the rights of both the workers and employers.' She said, 'Employers can now submit a request for permission to leave the country, specifying the period during which the worker is permitted to leave. The certificate containing a QR code must be printed to verify its authenticity at the ports or presented electronically through the official platforms.' She added, 'Workers can also submit the request through the Sahel Individuals app, where a special option is provided for the service and linked to the Sahel Business app. Notifications are sent directly to the worker after the employer's approval, and the certificate is then uploaded. Submitting the request and obtaining approval only takes a few minutes, as the service entails a direct link between the worker and the employer. There will be no intervention by authority employees to review the requests. The services will be launched in English soon. PAM continues to update and develop its electronic services to ensure they operate efficiently around the clock, as well as guarantee the quality, speed of implementation, and improved user experience. The increased demand for electronic services has saved effort and improved employee performance, as automated systems receive no fewer than 30,000 electronic transactions daily in various platforms and portals of the authority.'
Vogue Singapore
3 days ago
- Entertainment
- Vogue Singapore
Pat Kraal on style, strength, and the power of ageing on her own terms
A radiant force in the world of fashion, 63-year-old Pat Kraal is reimagining the narrative of ageing in style. Three years after co-founding and now helming the modelling agency Platinum Angels Management (PAM), Kraal is not just reflecting on her decades long journey with fashion but actively reshaping an industry still largely fixated on youth. Her approach is a masterclass in quiet rebellion, using clothing and her platform to dismantle outdated perceptions of what it means to grow older with grace and audacity. 'Fashion has been part of my life since I was 19,' Kraal shares. 'Back then, it was about trends and trying to fit into the mould, but today it feels much more personal and empowering.' Having spent over three decades in Paris, she inadvertently cultivated what she describes as a 'Parisian flair: chic, refined and projecting confidence. It's no longer about following fashion, it's about owning it.' Pat Kraal is the managing director and booker of Platinum Angels Management, a modelling agency for those aged 50 years and older. Zantz Han The impetus to launch PAM came at a pivotal moment. 'After dedicating more than 25 years to raising my children and going through a very difficult divorce, I was ready for a new purpose,' Kraal explains. Brought in by co-founders Beatrice Andre-Besse and Brandon Barker, she found herself aligned with the agency's goal. 'What drew me in was the agency's mission to offer those over 50 a second chance at life, helping them embrace the beauty of ageing with confidence.' This dedication to empowerment threads through Kraal's evolving style. 'My style has become more intuitive,' she notes. 'It's no longer dictated by what's 'in' but by how something makes me feel. There's a clarity that comes with age. I know what works for me and I have no interest in dressing for anyone else's expectations. It's less about impressing, more about expressing.' 'There's this outdated idea that style has an expiry date. If anything, we become more ourselves.' Fashion, for Kraal, also became a conduit for self-expression. 'Growing up as a tall, lanky girl in Singapore wasn't easy. I often felt out of place, but modelling gave me the confidence I needed,' she reflects. 'It became a way to embrace my height rather than hide it. Then I went to Paris and felt empowered in a way I never had before.' This spirit fuels her challenge against prevailing assumptions 'that older women should tone it down, blend into the background. There's this outdated idea that style has an expiry date. If anything, we become more ourselves.' Navigating an industry that has been 'youth-obsessed for decades' while championing age inclusivity has been like 'swimming against the current', Kraal admits, 'but I've never been one to shy away from a challenge.' While she observes a positive shift with more brands embracing older models, she believes 'true change means integrating age inclusivity at every level, not just in campaigns, but behind the scenes too'. 'I want to show that age is a strength and a unique asset that belongs at the heart of fashion' For Kraal, ageing in style means 'evolving with grace and confidence, and embracing who you've become and owning it'. Her clothing is a testament to this philosophy. 'I don't blend into the background. I stand out like a sore thumb and I love it,' she declares. 'Clothing is my way of declaring who I am without saying a word.' A particularly transformative moment was walking for Givenchy in Paris. 'I wore a haute couture dress that cost a few million and I've never felt more alive.' Looking ahead, Kraal's hope for PAM is to continue illuminating the path for mature individuals. 'I want to show that age is a strength and a unique asset that belongs at the heart of fashion,' she asserts. 'The future of our agency is about creating more opportunities for older talent to shine, proving that ageing doesn't mean fading into the background, but stepping into a new, luminous phase of life with style.' Her vision is clear: for age to be celebrated not as an endpoint, but as 'the start of something truly exciting', a golden chapter of life. Photography Zantz Han Styling Nicholas See and Maya Menon Hair and make-up Marc Teng using Chanel Beauty and Goldwell Professional. Vogue Singapore's June 'Gold' issue will be out on newsstands from 13 June and available to preorder online.
