Okta Inc. has announced a definitive agreement to acquire Axiom Security, a company known for its identity-centric Privileged Access Management $(PAM)$ solutions designed for cloud, SaaS, and database environments. This acquisition aims to integrate Axiom's advanced technology into Okta Privileged Access, enhancing access controls for sensitive resources. By doing so, Okta intends to strengthen its identity security offerings, allowing customers to effectively manage privileged access across various resources and use cases. This move comes as enterprises increasingly incorporate AI into their operations, highlighting the importance of robust privileged access controls to mitigate AI-related risks.