Thycotic, a provider of cloud-ready privilege management solutions, agreed to acquire Onion ID, a cloud based, SaaS solutions provider. Financial terms were not disclosed. "With the sudden growth of remote workforces across the globe, privileged access security controls must also account for ordinary business users, like those in finance and marketing, who are accessing sensitive and privileged corporate data from untrusted devices on untrusted networks. With the addition of Onion ID, we are now able to implement fine-tuned Role Based Access Controls across any web-based application, IaaS console, and cloud-hosted database, while providing flexible multi-factor authentication that gives security leaders a significantly easier way to ensure secure access paths for remote employees," James Legg, Thycotic President and CEO.