1Password, the industry leader in enterprise password management, announced the release of Events API, a new way for security teams to gain more data visibility and actionable insights. While events have always been available to administrators in 1Password, this new feature focuses on the information available by allowing events to be piped directly to tools like Splunk and other SIEM platforms, providing a holistic view that can be correlated with data from other sources.

In commercial contexts, the number of attacks and breaches has never been higher. While recent news cycles have focused on the most serious incidents, smaller but harmful attacks occur on a daily basis, if not more frequently. Losses from cybercrime have increased six times by 2020. Nearly half of the organizations in the United Kingdom have experienced some type of cybersecurity attack, with the average cost of a data breach approaching $4 million.

According to 1Password’s own research, 77 percent of DevOps and IT experts admitted to still having access to prior employers’ infrastructure, posing a significant security risk to affected firms.

1Password is the first line of defence for over 80,000 corporates globally securing passwords, confidential documents, and infrastructure secrets to protect their employees, customers and intellectual property. This  announcement is yet another step in solidifying the company’s position as a reliable enterprise solution for safeguarding mission-critical data. The 1Password Events API extends beyond the platform, allowing event data to exit while maintaining client privacy and data security.

Jeff Shiner, CEO of 1Password said, “With today’s launch of the 1Password Events API, our enterprise customers are able to access far deeper information than ever before, and most importantly, that information can now be used in an actionable way through the SIEM tools already in place. This will enable administrators to prevent future attacks, and if something does happen, take fast and decisive action. We’ve managed to do all this while protecting the privacy and security of our customers.”

Brian Jack, CISO at KnowBe4 said, “We’ve been using 1Password for over 4 years and it’s been a huge asset in securing our employee passwords and other sensitive information. With over 1000 employees, understanding who is accessing and using data within 1Password is very important to us. Events API has allowed us to integrate with our SIEM and use that data to highlight suspicious activity that will help us protect against future threats, as well as enabling us to quickly react to any active insider attack, should it ever happen.”