Beyond Basics: Advanced Strategies for Enhancing Zero Trust Networking

Key Strategies: Enhancing Zero Trust Networking for Businesses
Leverage cutting-edge cybersecurity strategies to unlock Zero Trust Networking's complete capabilities. Maintain vigilance, boost trust, and protect critical assets in the evolving InfoSec realm.
 

Contents

Introduction
Why Is a Zero Trust Strategy Important?
Key Zero Trust Networking Strategies for Businesses

Implementing Multi-Factor Authentication
Micro-Segmentation
Continuous Monitoring and Behavioral Analytics
Privileged Access Management
Secure Access Service Edge

The Bottom Line

Introduction

As industries increasingly become interconnected and digitalized, traditional network security measures are no longer sufficient to safeguard sensitive data and systems from sophisticated cyber threats. On account of this, the concept of Zero Trust Networking has gained significant momentum as one of the emerging network security trends in recent years.
 
Zero Trust operates on the principle of "never trust, always verify," requiring stringent authentication and continuous monitoring of all access attempts. By adopting advanced Zero Trust strategies, businesses can significantly reduce the risk of data breaches, insider threats, and lateral movement within their networks. Zero Trust Networking is not merely a best practice; it is an essential investment in maintaining trust with customers, stakeholders, and partners while safeguarding their reputation and business continuity in an increasingly interconnected world.
 

Why Is a Zero Trust Strategy Important?

The increasing scale and severity of data breaches demand a proactive security approach for businesses to safeguard their data effectively. Embracing a Zero Trust security strategy offers a straightforward and scalable solution to fortify an organization's defenses. Unlike conventional security tools such as VPNs and firewalls, Zero Trust prevents malicious insiders and human errors from compromising sensitive data by eliminating implicit trust within the network.
 
The advanced approach ensures that attackers cannot move laterally or conduct harmful actions once inside the system. With every resource under internal and external protection, access is granted only when necessary, reducing the attack surface. Furthermore, Zero Trust distributes the responsibility for security across the organization, easing the burden on IT teams and programmers while implementing universal access controls. Adopting Zero Trust Networking has emerged as a critical step towards bolstering cybersecurity and maintaining trust with customers and stakeholders.
 

Key Zero Trust Networking Strategies for Businesses

With the increasing frequency and sophistication of data breaches and insider threats, organizations face the imperative to adopt a proactive and robust security model. Implementing Zero Trust Networking strategies not only strengthens cybersecurity defenses but also safeguards sensitive data, enhances customer trust, and protects an organization's reputation in rapidly evolving IT sector.
 
While Zero Trust Networking ensures that every access request is rigorously authenticated and continuously validated, there exist advanced strategies that can elevate an organization's cybersecurity posture to new heights.
 
Here are top Zero Trust initiatives for organizations to improve their network security:
 

Implementing Multi-Factor Authentication

One of the core tenets of Zero Trust Networking is the implementation of Multi-Factor Authentication (MFA). MFA adds an additional layer of security by requiring users to provide multiple forms of verification before gaining access to critical systems or data. These factors typically include something the user knows (password), something the user has (a smartphone or security token), and something the user is (biometric data). Organizations are able to drastically reduce the risk of unauthorized access, even in the event of a compromised password, by incorporating MFA.
 

Micro-Segmentation

Micro-segmentation is another essential component of advanced Zero Trust Networking. It involves dividing the network into smaller, isolated segments or zones, each with restricted access to specific resources. This approach limits the lateral movement of attackers within the network, preventing the spread of threats even if one segment is breached. Additionally, micro-segmentation Zero Trust allows for more granular control over network traffic, enabling administrators to quickly identify and respond to abnormal behavior.
 

Continuous Monitoring and Behavioral Analytics

Organizations must deploy continuous monitoring and behavioral analytics to augment the Zero Trust approach. This involves analyzing user and entity behavior in real-time to detect unusual patterns or activities. Machine learning algorithms help businesses to identify deviations from normal behavior, flagging potential security incidents for immediate investigation. By integrating these technologies, organizations are able to respond swiftly to emerging threats, minimizing the dwell time of attackers and preventing severe data breaches.


Privileged Access Management

Privileged accounts, such as those belonging to system administrators, hold elevated access rights, making them attractive targets for cybercriminals. Advanced Zero Trust Networking incorporates Privileged Access Management (PAM) solutions to tightly control and monitor privileged access. PAM restricts users from continuously holding elevated privileges and enforces the principle of  ‘just-in-time’ access, granting elevated permissions for specific tasks only when necessary. This helps reduce the attack surface and prevents unauthorized access to critical systems.
 

Secure Access Service Edge

The convergence of network security and edge computing has given rise to the Secure Access Service Edge (SASE) framework. SASE network combines various security services, such as Secure Web Gateways, Cloud Access Security Brokers, and Zero Trust Network Access, into a unified architecture. SASE framework offers consistent protection regardless of the user's location, device, or network by routing traffic through a cloud-based security stack. Integrating SASE technology into Zero Trust Networking enables organizations to fortify their security posture, especially in the era of remote and hybrid work models.
 

The Bottom Line

It is crucial for businesses and organizations to adopt a proactive approach to cybersecurity, consistently evaluating and updating their security measures to stay ahead of cyber threats. By embracing these advanced Zero Trust security strategies, businesses can confidently navigate the complexities of the digital age, safeguarding their data, systems, and reputation from potential malicious actors. Implementing the Zero Trust paradigm and its advanced techniques is not just a prudent business decision but a moral responsibility to protect the trust placed in organizations by their clients and stakeholders in today's interconnected world. 

Spotlight

Entersekt

Entersekt is an innovator in push-based authentication and app security. The company’s one-of-a-kind approach harnesses the power of digital certificate technology with the convenience of mobile phones to provide financial services companies and their customers with full protection from online fraud. Built on open technologies for high availability, scalability, and simple integration, Entersekt’s patented security products protect millions of devices and transactions daily, while complying with the world’s most stringent regulatory guidelines. Enterprises across the globe look to Entersekt to strengthen the bond of trust they share with their customers, and to build on those relationships by introducing compelling, user-friendly new mobile and online services.

OTHER ARTICLES
Application Security

10 Risk Management Strategies in 2024 for Better GRC Privacy

Article | March 12, 2024

Learn the vital risk management strategies for elevated privacy. Secure organizations with the best practices in risk management while being in compliance with the GRC privacy framework in detail. Contents 1. Legal Governance, Risk and Compliance: What a Company Needs to Know 2. Risk Management within the GRC framework: Concepts and Strategies 3. GRC Cyber Security: Essential Strategies for Modern Risk Management 3.1 10 Risk Management Strategies and Best Practices for GRC Privacy 3.1.1 Understanding GRC in Cybersecurity 3.1.2 Role of GRC, Risk Assessment and Digital Tools 3.1.3 Risk Assessment 3.1.4 Risk Mitigation 3.1.5 Continuous Monitoring 3.1.6 Incidence Response Plan 3.1.7 Training and Awareness 3.1.8 Compliance Management 3.1.9 Vendor Risk Management 3.1.10 Cyber Insurance 3.2 GRC Companies to Consider for All Cybersecurity GRC Needs 3.2.1 AuditBoard 3.2.2 Bitsight 3.2.3 Camms 3.2.4 Fusion Risk Management 3.2.5 LogicGate 3.2.6 Ncontracts 3.2.7 Protecht 3.2.8 Resolver, a Kroll Business 3.2.9 SAI360 3.2.10 Secureframe 4. Risk Management: Future Trends and Impact In the wild world of business today, Governance, Risk, and Compliance (GRC) stands as a guide along with risk management due to increasing cyber threats. It’s the tool that can help organizations find their way through the thickets of operational challenges, especially those tied to cybersecurity. GRC isn’t just a fancy term; it’s a strategic plan that aligns IT with business goals, manages risks head-on, and ensures rules are followed. It’s the map that helps businesses navigate the tricky terrain of cyber threats and changing rules. The power of GRC lies in its ability to spot potential risks, build strong risk management processes, set up compliance guidelines, and boost openness. It gives a clear view of the business landscape, helping to make smart decisions, manage IT and security risks, cut costs, and meet rules. In the next sections, we’ll dig deeper into the legal side of GRC and how an organization can use GRC strategies to its advantage. 1. Legal Governance, Risk and Compliance: What a Company Needs to Know 1.1 An Approach to GRC Governance, Risk, and Compliance (GRC) It aligns IT with business goals, manages risks, and ensures compliance with regulations. It includes tools and processes to unify governance and risk management with technological innovation. Governance refers to the policies, rules, or frameworks that a company uses to achieve its business goals. It defines the responsibilities of key stakeholders. Risk management involves identifying, assessing, and handling potential risks. Companies use a risk management program to predict potential problems and minimize losses. Compliance is the act of following rules, laws, and regulations. It applies to legal and regulatory requirements set by industrial bodies and also to internal corporate policies. 1.2 Benefits of GRC in Risk Management It enables organizations to Identify risks, Develop risk management procedures, Establish compliance guidelines, and Increase transparency GRC helps companies manage IT and security risks, reduce costs, and meet compliance requirements. It improves decision-making and performance by providing an integrated view of risk management. The GRC provides a framework that integrates governance, risk management, and compliance activities, enabling organizations to streamline operations, mitigate risks, and uphold ethical and legal standards. 2. Risk Management within the GRC Framework: Concepts and Strategies GRC and risk management and Compliance (GRC) is a strategy for managing governance, risk, and compliance. It ensures organizations effectively identify, assess, manage, and monitor risks. 2.1 GRC Risk Management Process The process involves: Risk Identification: Identifying potential risks affecting objectives Risk Assessment: Assessing the impact and likelihood of risks Risk Appetite: Determining the acceptable level of risk Risk Tolerance: Quantifying acceptable risk variation Risk Mitigation: Implementing strategies to reduce risk impact 2.2 Developing Risk Management Strategies The strategy development process includes: Identifying risks Assigning risk severity levels Developing risk mitigation plans Monitoring control effectiveness Communicating risk Continually assessing and adjusting strategies These strategies enhance organizational resilience and success within the GRC framework. 3. GRC Cyber Security: Essential Strategies for Modern Risk Management GRC plays a pivotal role in the success and resilience of an organization’s cybersecurity front. A proactive approach to managing risk in GRC helps boost data privacy and security at all levels. 3.1 10 Risk Management Strategies and Best Practices for GRC Privacy 3.1.1 Understanding GRC in Cybersecurity GRC in cybersecurity is a structured approach that aligns IT operations with business objectives, effectively manages risks, and meets regulatory needs. It comprises three essential elements: governance, risk management, and compliance. Governance: It functions as the architect of protocols and standards, laying down the framework for secure operations within an organization. Risk Management: Operates as the vigilant observer within this framework, detecting threats and vulnerabilities and devising strategies to mitigate or eliminate them. Compliance: Ensures meticulous adherence to the established rules and standards, verifying that all operations align with the predefined guidelines. Understanding GRC in cybersecurity is crucial as it forms the backbone of a proactive approach to managing cyber risk, complying with regulations, and fostering a risk-aware culture. 3.1.2 Role of GRC, Risk Assessment and Digital Tools GRC (Governance, Risk, and Compliance) in cybersecurity is a strategic framework that aligns IT with business objectives, manages risks, and ensures compliance with regulations. It plays a pivotal role in enhancing operational efficiency, streamlining processes, and achieving business objectives. Governance: It guarantees the alignment of corporate activities with business goals. It encompasses ethics, resource management, accountability, and management controls. Risk Management: It is the process of identifying, assessing, and controlling financial, legal, strategic, and security risks to an organization. Compliance: It ensures that all operations align with the predefined guidelines. Digital tools play a crucial role in executing and overseeing cybersecurity strategies. They provide a comprehensive perspective on processes, risks, and compliance across various departments, enable more informed decision-making, efficient risk assessment, enhanced IT compliance, and improved performance. These tools bolster the effectiveness of the GRC cybersecurity framework in addressing security risks. 3.1.3 Risk Assessment Risk assessment is a critical component of the GRC framework in cybersecurity. It involves identifying, estimating, and prioritizing information security risks. Here’s a breakdown of the process: Identify and Document Network Asset Vulnerabilities: The first step involves identifying and documenting the vulnerabilities associated with an organization’s IT assets. Use Sources of Cyber Threat Intelligence: Cyber threat intelligence is internal or external information that can help identify cybersecurity risks. Identify and Document Internal and External Threats: With a full view of its IT assets and an understanding of the major potential threats, an organization can search for both internal and external threats. Identify Potential Mission Impacts: Different cybersecurity risks have varying potential impacts on the organization. Determine Risk: At this point in the assessment, an organization has a clear understanding of the various threats and vulnerabilities it faces and the potential impact of each. A comprehensive risk assessment helps organizations prevent and reduce costly security incidents and data breaches and avoid regulatory and compliance issues. It also helps to create a more risk-aware culture. 3.1.4 Risk Mitigation Risk mitigation, a crucial strategy in cybersecurity, focuses on reducing the overall impact of a potential cyber threat. It involves a three-pronged approach: prevention, detection, and remediation. Prevention: This strategy involves applying all available software updates as soon as they become available. Cybercriminals can engineer exploits almost immediately after the release of a patch, making automation crucial. Detection: This strategy requires using modern operating systems that enforce signed software execution policies for scripts, executables, device drivers, and system firmware. Allowing unsigned software can provide cybercriminals with an entry point. Remediation: Crafting a disaster recovery plan (DRP) is key to effectively mitigating cyberattacks. A DRP should address data protection, data restoration, offsite backups, system reconstitution, configurations, and logs. Implementing these strategies can significantly reduce an organization’s exposure to cyber threats and ensure a robust cybersecurity defense. 3.1.5 Continuous Monitoring Continuous monitoring is a critical strategy in risk management for cybersecurity. It involves the constant surveillance of IT systems and networks to detect security threats, performance issues, or non-compliance problems. This approach aims to identify potential problems and threats in real time, allowing for quick resolution. The goal of continuous monitoring is not just about identifying threats but also about understanding the health of each component and operation within an organization’s IT infrastructure. It provides a comprehensive perspective on processes, risks, and compliance across various departments, leading to more informed decision-making and enhanced IT compliance. Continuous monitoring is a proactive approach that transitions organizations from a reactive to a proactive cybersecurity stance. By continuously monitoring cyber risks, organizations can foresee potential threats and address them preemptively. This strategy is crucial for all stakeholders involved in an organization’s IT infrastructure. 3.1.6 Incidence Response Plan An incident response plan (IRP) is a critical strategy in modern risk management. It is a set of procedures that help security teams identify, respond to, and recover from a cybersecurity incident. NIST and SANS developed the two most well-respected IR frameworks. The NIST framework includes steps such as preparation, detection and analysis, containment, eradication and recovery, and post-incident activity. The SANS framework, while similar, differs slightly in wording and grouping. Having an IRP in place is crucial, as it allows for quick and uniform responses to any type of external threat. It ensures that responses are as effective as possible, reducing the potential impact of a cybersecurity incident. 3.1.7 Training and Awareness In cybersecurity, training and awareness play a significant role in knowledge sharing and implementation. They equip employees with the knowledge to understand cybersecurity risks and how to mitigate them. Engaging employees in various security awareness situations, whether conducted online, in person, or a combination of both, achieves this. Effective training educates employees about the existing cybersecurity threats against the organization, helps them understand potential vulnerabilities, and teaches them the appropriate habits for recognizing signs of danger and avoiding breaches and attacks. It also guides them on what to do if they make a mistake or have any doubts. In essence, training and awareness form the backbone of a proactive approach to cybersecurity, managing cyber risk, complying with regulations, and fostering a risk-aware culture. 3.1.8 Compliance Management Compliance management is a critical strategy in cybersecurity risk management. It involves managing an organization’s responsibilities under laws, regulations, and standards. This includes identifying compliance responsibilities and closing compliance gaps on an ongoing basis. At its core, it means adhering to standards and regulatory requirements set forth by some agency, law, or authority group. Organizations achieve compliance by establishing risk-based controls that protect the confidentiality, integrity, and availability (CIA) of information. Compliance management is not just a checkbox for government regulations but also a formal way of protecting an organization from cyberattacks. It’s an ongoing effort since the digital attack surface is always expanding. Remember, compliance failures can carry significant financial penalties and even the revocation of core business functions. 3.1.9 Vendor Risk Management Vendor risk management (VRM) is a crucial strategy in cybersecurity risk management. It involves identifying, assessing, and mitigating the cybersecurity risks associated with third-party vendors. In the modern digital landscape, organizations often rely on third-party vendors for various services, including IT products and cloud solutions. However, these relationships can introduce new vulnerabilities into an organization’s cybersecurity infrastructure. VRM is about managing these risks effectively. It combines objective, quantifiable data sources like security ratings and data leak detection with subjective, qualitative data sources like security questionnaires to get a complete understanding of each vendor’s security posture. According to a 2020 Ponemon survey, the average enterprise has 5,800 third-party vendors, with 90% of them using some sort of cloud service. In 2019, IBM reported that the average time to identify a data breach was over six months. Given these statistics, it’s clear that VRM is not just a good-to-have but a must-have strategy for modern organizations. It’s about being proactive, not reactive, in managing vendor-related cybersecurity risks. 3.1.10 Cyber Insurance Cyber-insurance is a key strategy in cybersecurity risk management. It covers financial losses from cyber incidents like ransomware attacks and data breaches. Just like car insurance covers vehicle damage, cyber insurance pays for damaged computer systems, lost revenue, legal expenses, and other cyberattack costs. According to IBM’s report, 83% of organizations have had more than one data breach, costing an average of USD 4.35 million. As the risk of cyberattacks grows, cyber insurance becomes increasingly essential. It can significantly mitigate the impact of data compromise, loss, or theft on a business, ranging from losing customers to reputation and revenue loss. A cyber insurance policy can protect the enterprise against cyber events, including acts of cyber terrorism, and assist with security incident remediation. In essence, cyber insurance is a proactive measure to mitigate the financial impact of cyber threats, making it an indispensable part of modern risk management strategies. 3.2 10 GRC Companies to Consider for All Cybersecurity GRC Needs 3.2.1 AuditBoard Founded in Los Angeles, California, AuditBoard offers the following essential features: Cloud-based platform: AuditBoard is a leading cloud-based platform that is transforming audit, risk, and compliance management. Suite of software solutions: The company offers a suite of software solutions designed to simplify and automate complex processes for auditors, risk managers, and compliance professionals. Flagship products: Its flagship products, such as SOXHUB, OpsAudit, and RiskOversight, integrate critical auditing workflows. Risk assessment: The platform includes features for risk assessment. Document management: Document management is a key feature of the platform. Reporting: The platform facilitates reporting. Real-time collaboration: AuditBoard facilitates real-time collaboration across teams. User-friendly interface: The platform receives praised for its user-friendly interface. Scalability: AuditBoard is scalable, making it suitable for organizations of different sizes. Actionable insights: The platform provides actionable insights that help organizations manage risks more effectively and ensure compliance with relevant regulations and standards. 3.2.2 Bitsight The major features of Bitsight include: Cybersecurity Risk Assessment: Bitsight revolutionizes the way organizations assess and mitigate cybersecurity risk. Leader in Cybersecurity Ratings: As a leader in cybersecurity ratings, Bitsight provides comprehensive, data-driven insights into the security performance of companies and their potential cyber risks. Data Analysis: Bitsight analyzes vast amounts of data on security incidents, practices, and behaviors. Dynamic and Objective Rating System: It offers a dynamic and objective rating system that enables companies to benchmark their cybersecurity posture, identify vulnerabilities, and prioritize remediation efforts. Global Clientele: It serves a global clientele. Pivotal for Risk Management: Bitsight’s platform is pivotal for risk management, cyber insurance, and merger and acquisition due diligence. Informed Decision Making: It helps stakeholders make informed decisions based on cybersecurity risk assessments. 3.2.3 Camms The primary characteristics of Camms in GRC risk management are: Integrated Risk Management (IRM): Provides a comprehensive platform for managing risk, strategy, projects, and people. Risk Assessment Tools: Offers tools for assessing and managing risk. Incident Management: Provides capabilities for managing incidents. Strategic Planning: Supports strategic planning processes. Global Clientele: Serves clients across various sectors worldwide, including healthcare, finance, and government. Innovation: Continuously evolves its product suite to meet the dynamic needs of risk and compliance management. User-Friendly Interfaces: Emphasizes on creating interfaces that are easy to use. Actionable Insights: Provides insights that can be directly applied to improve business performance and compliance. 3.2.4 Fusion Risk Management The major features of Fusion Risk Management include: Cutting-Edge Software Solutions: Offers advanced software solutions to help businesses anticipate, manage, and respond to operational disruptions. Business Continuity: Specializes in maintaining systems of operation during a disruption or disaster. Disaster Recovery: Provides solutions for recovering or continuing technology infrastructure critical to an organization after a natural or human-induced disaster. Risk Management: Offers tools and strategies for identifying, assessing, and prioritizing risks. Cloud-Based Solution: Integrates critical functions into a single, cloud-based platform. Resilience Through Proactive Planning: Enables organizations to achieve resilience through proactive planning and strategic response mechanisms. Minimizing Impact of Incidents: Focuses on minimizing the impact of incidents and ensuring a swift recovery. Support Across Various Industries: Supports clients across various industries in safeguarding their operations against unforeseen challenges. 3.2.5 LogicGate The key features of LogicGate: Cloud-Based GRC Platform: Offers a cloud-based governance, risk, and compliance (GRC) platform that enables organizations to automate and manage their risk and compliance processes effectively. Risk Cloud Platform: Provides a versatile platform that allows for the customization and scaling of GRC applications to meet the evolving needs of businesses. No-Code Application Framework: Leverages a no-code application framework, empowering businesses to visualize and mitigate risks, streamline workflows, and foster a proactive risk management culture. Proactive Risk Management Culture: Fosters a culture that emphasizes proactive risk management. Helps Navigate Regulatory and Risk Challenges: Dedicated to helping organizations of all sizes navigate the complex landscape of regulatory and risk challenges. Transforms GRC Processes: Aims to transform GRC processes from a reactive to a strategic stance. 3.2.6 Ncontracts The key features of Ncontracts include: Risk and Compliance Management Solutions: Provides comprehensive solutions tailored for the banking and financial services industry. Vendor Management: Offers services for managing vendor relationships. Risk Management: Provides tools and strategies for identifying, assessing, and prioritizing risks. Compliance Assurance: Ensures compliance with industry standards. Audit Management: Provides solutions for managing audits. Streamlined Governance and Operational Processes: Aims to streamline governance and operational processes for financial institutions. Monitoring Regulatory Changes: Offers tools for monitoring changes in regulations. Managing Third-Party Relationships: Provides solutions for managing third-party relationships. User-Friendly Solutions: Dedicated to delivering integrated and user-friendly solutions. Navigating the Complex Regulatory Landscape: Supports financial organizations in navigating the complex regulatory landscape. 3.2.7 Protecht The key features of Protecht are: Risk Management Innovation: An Australian company at the forefront of risk management innovation. Comprehensive Suite of Software and Services: Offers a comprehensive suite of software and services that enable organizations to understand, manage, and mitigate their risks. Enterprise Risk Management: Provides solutions for managing enterprise-level risks. Compliance: Offers tools and strategies for ensuring compliance with regulations and standards. Operational Risk: Provides solutions for managing operational risks. Event Management: Offers tools for managing events. Flexible and Scalable Solutions: Provides flexible and scalable solutions that can be tailored to fit the unique risk profile and requirements of each organization. Embedding Risk Management: Emphasizes embedding risk management into the operational processes of an organization. Enhanced Decision-Making and Improved Business Outcomes: Aims to enhance decision-making and improve business outcomes through better risk intelligence. 3.2.8 Resolver, a Kroll Business The key features of Resolver include: Integrated Risk Management Software: Offers software designed to empower organizations to protect their employees, operations, and data. Advanced Analytics and Advisory Services: Enhanced its offerings to include advanced analytics and advisory services following its acquisition by Kroll. Comprehensive Approach to Risk Management: Facilitates a comprehensive approach to identifying, assessing, monitoring, and mitigating risks. Corporate Security, Compliance, and Incident Management: Provides solutions across various domains, including corporate security, compliance, and incident management. Global Client Base: Serves clients globally across various industries. Informed Decision Making: Committed to providing solutions that enable businesses to make informed decisions. Proactive Risk Management Culture: Aims to foster a proactive risk management culture within organizations. 3.2.9 SAI360 The key features of SAI360 include: Risk, Compliance, and Sustainability Solutions: Globally recognized provider of solutions in these areas. Broad Range of Products: Offers a wide array of products designed to improve decision-making and operational efficiencies. Regulatory Compliance Management: Provides tools for managing regulatory compliance. Risk Management: Offers solutions for managing various types of risks. Environmental Health and Safety (EHS): Provides solutions for managing EHS efforts. Sustainability Efforts: Offers tools for managing sustainability efforts. Integrated Approach: Enables organizations to adopt a holistic view of risk and compliance. Culture of Resilience and Ethical Business Practices: Fosters a culture that emphasizes resilience and ethical business practices. Innovation and Customer Success: Committed to innovation and ensuring customer success. Support Across Various Industries: Supports organizations across various industries in navigating the complexities of the modern business environment and achieving their sustainability and governance goals. 3.2.10 Secureframe The key features of Secureframe: Information Security and Privacy Certifications: Streamlines the process of obtaining and maintaining certifications such as SOC 2, ISO 27001, HIPAA, and GDPR compliance. Automated Compliance Workflow: Its platform automates the compliance workflow. Continuous Monitoring: Offers continuous monitoring tools. Employee Training: Provides employee training tools. Policy Management: Offers policy management tools. Vendor Risk Assessment: Provides vendor risk assessment tools. Simplifying Compliance: Simplifies the path to compliance, enabling companies to focus on their core business. Industry Standards and Regulatory Requirements: Ensures that company data and processes meet industry standards and regulatory requirements. Dedicated to Manageable and Accessible Compliance: Dedicated to making complex compliance processes more manageable and accessible for businesses of all sizes. 4. Risk Management: Future Trends and Impact 4.1 GRC Risk Management Trends Risk Appetite and Tolerance: Only 33% of organizations have articulated their risk tolerance levels. This understanding is crucial for effective risk management. Digitally-Transformed GRC: Digital transformation is reshaping GRC with the use of AI tools, GRC platforms, and risk maturity models. Third-Party Risks: As businesses become more interconnected, managing third-party risks has become a priority. Non-Financial Risks: Quantifying non-financial risks like reputational or operational risks is increasingly important. 4.2 Impact of GRC on an Organization’s Cybersecurity Posture Integrated Approach: The need for cybersecurity to be integrated into GRC frameworks has increased due to persistent cyber threats and growing regulations. Proactive Compliance: Organizations need to maintain regulatory compliance by being aware of updated regulations and emerging risks. Managing Third-Party Cyber Risks: GRC frameworks are integrating vendor and third-party risk management to evaluate and reduce cyber risks. Improved Security Posture: By integrating GRC functions, leveraging technology, and staying compliant, organizations can strengthen their cybersecurity posture. These trends highlight the importance of a holistic approach to GRC and cybersecurity for navigating the digital world, mitigating risks, and ensuring robust cybersecurity. As we say goodbye to 2024, it’s clear that risk management isn’t just a strategy anymore; it’s a game plan for success. It’s shown us that taking risk isn’t about courting danger but about seizing opportunities. Companies that have jumped on board aren’t just getting by; they’re flourishing, turning what could have been weaknesses into their greatest strengths. Mixing high-tech risk management tools with a clear vision for the future has opened up new levels of agility and resilience. Businesses have discovered that adaptability and innovative thinking are their most valuable assets during challenging times. The past year has highlighted that in the high-stakes game of risk and reward, the boldest strategies, supported by robust risk management, are the ones that achieve success. This year has given risk management a makeover, showing us that it’s the bedrock of sustainable growth and a lighthouse guiding us through the choppy waters of global business. The 2024 risk management game plan is a shining example of the power of embracing risk as a stepping-stone to success, setting a new gold standard for years to come

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Data Security

10 Disastrous Cyber Incidents That Happened in 2023: Reviewed

Article | February 9, 2024

A cyberattack leads to compromise of sensitive data, service disruption and financial losses. Analyzing the causes of past cyber incidents in 2023 and identifying vulnerabilities will save companies. Contents 1. Looking Back at 2023’s Major Cyber Incidents 2. 2023 Cyber Incidents : The Learning Curve 3. Costly Mistakes Smart CISOs are Avoiding 4. Beyond the Cyber Horizon: The 2023 Aftermath The year 2023 was a rollercoaster ride in the field of cybersecurity. High-profile ransomware attacks and data breaches left indelible marks, reminding us of the expanding threat surface. A staggering 8.2 billion records were breached, underscoring the importance of robust cybersecurity measures. 1. Looking Back at 2023’s Major Cyber Incidents From the crippling ransomware attack on The Guardian to the unique case of Toronto SickKids, where the ransomware provider publicly apologized, raising questions about cyber ethics. Each incident served as a stark reminder of the increasing threat landscape. The year 2023 also witnessed the shocking breach of the World Bank’s database, leading to a global outcry for stronger data protection measures. In another incident, the renowned e-commerce giant, Amazon, fell victim to a sophisticated phishing attack, causing a temporary disruption in its services. In a surprising turn of events, 2023 also saw an unprecedented cyberattack on the global social media platform Facebook, affecting millions of users worldwide. This was closely followed by a massive data breach at LinkedIn, exposing sensitive user data and shaking the trust of its user base. These incidents from 2023 are not just statistics, but lessons for shaping future cybersecurity strategies. They serve as a wake-up call, emphasizing the critical need for stringent data privacy laws and advanced security protocols. These cyberattacks should be viewed as catalysts for change, prompting us to rethink our approach to cybersecurity and data privacy. Let’s reflect on these cyber incidents as lessons of awareness that fortify defenses and shape strategies for a secure future. 2. 2023 Cyber Incidents : The Learning Curve The year 2023 was marked by several high-profile cyber incidents that affected various sectors and regions, exposing the vulnerabilities of critical infrastructure, sensitive data, and public services. These cyber incidents revealed the importance of implementing advanced threat detection systems, maintaining up-to-date security patches, and fostering a culture of cybersecurity awareness among all employees. They also highlighted the role of international collaboration in mitigating cyber threats. To prevent similar cyber incidents in the future, organizations should adopt the following cybersecurity best practices, based on the latest trends and recommendations in cybersecurity: Create responsive ecosystems: that improve organizational readiness. This involves applying a continuous approach to threat management and cybersecurity validation, which can help improve detection and response capabilities and build more digitally immune identity ecosystems. This will address the pain point of threat volume and complexity, as organizations can better cope with the dynamic and evolving threat landscape and reduce the impact of cyberattacks on their operations and reputation. Restructure approach points to solutions and greater attack coverage: This involves balancing the need for operational simplicity with other platforms and providing solutions to cover more of the expanding attack surface. This can be achieved by consolidating cybersecurity platforms, transforming security operating models, and composing security solutions as needed. This will address the pain point of a growing cybersecurity skills gap, as organizations can leverage the benefits of emerging technologies, such as quantum computing, 5G networks, and edge computing, without compromising their security posture or relying on scarce and expensive cybersecurity talent. Rebalance practices to focus on people, process, and technology: This involves shifting the emphasis from technology-centric to human-centric security design, enhancing people management, and increasing board oversight. This can help reduce human error, phishing, and insider threats, as well as improve employee engagement and accountability. This will thus address the pain points of the need for threat prioritization, as organizations can align their cybersecurity programs with their business objectives and risk appetite, and optimize their return on investment with the effectiveness of their cybersecurity measures. Get into the details of the major cyber incidents in 2023 including data breaches and cyberattacks for analyzing 2023 cyber threats. 2.1 Dark Beam Cybersecurity Incident: Date: The incident occurred on September 18, 2023. Attack Type: It was a data breach. Execution Method: The breach happened due to an unprotected Elasticsearch and Kibana interface. Damage Extent: Over 3.8 billion records, including login pairs, were stolen. Detection Method: The breach was detected by Bob Diachenko, CEO of SecurityDiscovery. Immediate Measures: The vulnerability was swiftly addressed upon discovery Future Prevention: The incident led to the implementation of enhanced incident-finding processes, improved incident reporting mechanisms, and an increased focus on supply chain security Reputation Impact: The breach resulted in substantial financial losses, operational disruptions, and reputational damage The aftermath of the Darkbeam breach is significant making it one of the major cyber incidents in 2023. The exposed data poses a threat to individuals and entities, potentially leading to impersonation and phishing attempts. Users with duplicate passwords are advised to change them.This incident underscores the critical need for robust cybersecurity measures and proactive defense strategies. It helps learn the potential risks faced by individuals and organizations. 2.2 Real Estate Wealth Network (REWN) Cybersecurity Incident: Date: December 2023 Attack Type: Data breach Execution Method: Unprotected database Damage Extent: Exposure of 1.5 billion records, including data on millions of property owners, investors, sellers, and even celebrities and politicians Detection Method: Discovered by a cybersecurity researcher Immediate Measures: The exposed database has been secured Future Prevention: Users should be cautious when sharing personal information and understand the risks associated with semi-public data Reputation Impact: High, given the scale of the breach and the sensitive nature of the exposed data The aftermath of the Real Estate Wealth Network (REWN) cybersecurity incident is substantial. The breach exposed 1.5 billion records, including real estate ownership data for millions of individuals. The leaked data, which included property history, tax records, and mortgage details, could be exploited by threat actors for social engineering and financial fraud. The database has been secured, but it's unclear if unauthorized access occurred. Property owners are advised to be cautious when sharing personal information and to understand the risks associated with semi-public data. This incident is a reminder for organizations to prioritize the protection of sensitive data. 2.3 Indian Council of Medical Research (ICMR): Date: October 9, 2023 Attack Type: Data breach Execution Method: The exact method is unknown. The data was found being sold on the dark web. Damage Extent: Personal details of over 81.5 crore citizens, including Aadhaar and passport details, names, phone numbers, and addresses, were exposed. Detection Method: The breach was discovered by the US-based cybersecurity and intelligence firm Resecurity. Immediate Measures: The breach was reported, but specific immediate measures taken are not mentioned. Legal Implications: Four people were arrested in connection with the data leak. Reputation Impact: This incident could potentially harm the reputation of ICMR, given the scale of the breach. The breach has raised serious concerns about data protection practices, and individuals are advised to be cautious when sharing personal information. 2.4 KidSecurity Incident: Date: September 16, 2023 Attack Type: Data breach Execution Method: Misconfigured Elasticsearch and Logstash instances Damage Extent: Over 300 million records were exposed, including 21,000 telephone numbers and 31,000 email addresses. Detection Method: Discovered by researchers Future Prevention: Proper configuration of Elasticsearch and Logstash instances Reputation Impact: Significant, as it exposed sensitive user data There are indications that unknown threat actors compromised the leaked data. This cyber incident in 2023, represents a severe breach of privacy and security for the affected users. This incident underscores the importance of proper configuration and security measures in protecting user data. It serves as a stark reminder of the potential risks posed by data breaches, especially when sensitive information is involved. Users are advised to be cautious when sharing personal information. 2.5 Twitter (X) Incident: Date: January 8, 2024 Attack Type: Account hijacking Execution Method: The perpetrators compromised the admin's phone number, cloned the SIM card, and reset the account password. Damage Extent: The threat actors promoted exchange-traded funds (ETFs) using Bitcoin transactions. The impact was immediate, with BTC prices skyrocketing from $39,000 to $48,000 per bitcoin, only to plummet back to $38,000 in the following days. Detection Method: Discovered by researchers Future Prevention: Implementation of 2-factor authentication to bolster defenses Reputation Impact: Significant, as it exposed sensitive user data This is one of the top cybersecurity data breaches in 2023 that led to a significant drop in user engagement and a rise in AI-generated spam content. The platform, which was rebranded as X after its acquisition by Elon Musk, faced a severe blow to its reputation. The incident has raised serious concerns about data protection practices on the platform. Users are advised to be cautious when sharing personal information. 2.6 TuneFab Cybersecurity Incident in 2023: Date: The incident was publicly disclosed in December 2023. Attack Type: This was a data breach. Execution Method: The breach occurred due to a MongoDB misconfiguration. Damage Extent: Over 151 million records and 280GB of data were exposed. Detection Method:The security researcher Bob Diachenko identified the leak and contacted TuneFab, which fixed the misconfiguration within 24 hours. Notification Delay: The database was left with user data publicly accessible for roughly twenty-four hours. Reputation Impact: The incident could potentially aid threat actors in enhancing previously leaked data. Users of TuneFab are advised to be cautious when sharing personal information. 2.7 Dori Media Group Cyber Incident 2023: Date: December 2023 Attack Type: Data exfiltration Damage Extent: More than 100 TB of data was allegedly exfiltrated. Reputation Impact: The incident has been publicly reported, which could potentially impact the company's reputation. The MalekTeam Group hackers claimed to have destroyed more than 100 TB of data from Dori Media Group, an international group of media companies located in Israel, Switzerland, Argentina, Spain, and Singapore. The hackers threatened to leak the exfiltrated data. This incident represents a serious breach of privacy and security for the affected users. Users are advised to be cautious when sharing personal information. 2.8 Tigo Telecoms Cyber Incident in 2023: Date: July 2023 Attack Type: Data leak Damage Extent: Over 700,000 individuals were affected. Leaked information included names, usernames, genders, email addresses, IP addresses, user uploaded photos, and private messages. Detection Method: The incident was made public by Troy Hunt, who runs the site Have I Been Pwned. Notification Delay: Multiple unsuccessful attempts were made to contact Tigo about the breach before it was made public. Reputation Impact: Tigo has previously faced scrutiny over its data privacy practices. This is one of the notable cyberattacks in 2023 underscoring the importance of robust cybersecurity measures and the potential impact of data leaks on both individuals and organizations. It serves as a reminder that cybersecurity is not just about protecting systems, but also about safeguarding sensitive user data. 2.9 Cybersecurity Incident at SAP SE Bulgaria in 2023: Date: November 2023 Attack Type: Data Exfiltration Execution Method: Exposure of Kubernetes Secrets in public GitHub repositories Damage Extent: Access to 95,592,696 artefacts with sensitive information like passwords, tokens or keys Detection Method: Discovered by researchers from Aqua Nautilus Future Prevention: Secure handling and storage of sensitive data like passwords, tokens, or keys Legal Implications: Potential GDPR violations due to data breaches Reputation Impact: Significant, as it affected a multinational software company The issue was promptly remediated after the researchers notified SAP SE. However, the incident has raised serious concerns about data protection practices. Users are advised to be cautious when sharing personal information. 2.10 Luxottica Group Cyber Incident in 2023: Date: The data was leaked on hacking forums on April 30 and May 12, 2023. Attack Type: Data breach. Execution Method: The breach occurred at an unnamed third-party data storage provider. Damage Extent: The personal information of over 70 million customers was exposed. Detection Method: Luxottica discovered the breach through proactive monitoring procedures. Immediate Measures: Luxottica reported the incident to the FBI and the Italian Police. Future Prevention: Luxottica remains confident that its systems were not breached and its network remains secure. User Protection: The data did not include individuals’ financial information, social security numbers, login or password data. Legal Implications: The FBI has detained the website’s owner as a result of the data posting. The stolen database was leaked on various hacking forums, making the data far more accessible to threat actors. The incident has raised serious concerns about data protection practices. Luxottica has confirmed the breach and is conducting an ongoing investigation. It is recommended that individuals exercise caution when disclosing their personal information. 3. Costly Mistakes Smart CISOs are Avoiding In the face of escalating cyber threats, savvy Chief Information Security Officers (CISOs) are avoiding costly mistakes and bolstering their defenses. They're no longer overlooking basic security measures, recognizing that even simple lapses can open doors to attackers. They're also addressing the often underestimated risk of insider threats, acknowledging that threats can come from within as well as from external sources. Investment in staff training has become a priority. CISOs understand that a well-trained workforce is a key line of defense and are ensuring their teams are equipped with the knowledge and skills to identify and counteract threats. Promoting a security-first mindset has become integral to their strategy. This involves fostering a culture where every team member understands their role in maintaining security and is vigilant about potential threats. Employing multi-factor authentication (MFA) is another tactic being widely adopted. MFA adds an extra layer of security, making it harder for unauthorized users to gain access. Finally, they're harnessing the power of artificial intelligence (AI) for threat detection. AI and machine learning algorithms can analyze vast amounts of data in real-time, identifying patterns and threats that would be impossible for humans to spot. Complying with the latest GRC laws and regulations is a must for all organizations. By taking these steps, smart CISOs are not just reacting to cyber threats but proactively working to anticipate and prevent them, thereby fortifying their organizations' defenses. 3.1 GRC Software to Consider for Smart Businesses: A GRC software streamlines compliance, risk management, and governance processes, enhancing efficiency and ensuring regulatory adherence. With its robust features, these software empowers businesses to proactively manage risks and maintain a secure, compliant environment. Here are a few to consider: 3.1.1A-LIGN A-LIGN is a technology-enabled security and compliance partner trusted by thousands of global organizations. Its services span across various compliance frameworks, making it a comprehensive choice for businesses seeking robust GRC solutions. Here are the key features: a) World-class audit experience: A-LIGN's audit staff ensures a seamless audit process with consistent communication and support. Its commitment to stringent cybersecurity compliance standards results in thorough audits that customers can trust. b) Audit management technology: Collaborate with auditor and team using A-LIGN's centralized platform for efficient audit management. Streamline communication, track progress, and centralize evidence collection with their easy-to-use audit management dashboard, A-SCEND. c) Widest breadth of services: Beyond SOC 2, A-LIGN helps users tackle multiple audits in a single motion, saving time and money. They integrate seamlessly with leading GRC tools, allowing users to leverage technology while partnering with A-LIGN for an audit. A-LIGN's innovative approach, combined with their expertise, ensures a seamless audit experience resulting in reports or certifications that businesses and customers can trust. 3.1.2AKITRA AKITRA is a cutting-edge, AI-enabled compliance automation platform designed to streamline and simplify regulatory adherence for businesses. Their comprehensive suite of tools empowers organizations to navigate various compliance frameworks seamlessly, ensuring adherence to industry standards and regulations. Here are the key features of AKITRA: a) PCI DSS Compliance: PCI DSS (Payment Card Industry Data Security Standard) was formed to safeguard sensitive cardholder data from theft and forgery. Organizations adhere to this framework to prevent theft and unauthorized access to sensitive cardholder data. Compliance with PCI DSS boosts customer trust during payment transactions and helps businesses meet legal requirements in multiple jurisdictions. Key requirements and objectives include maintaining secure networks and systems, protecting cardholder data, implementing strong vulnerability management, enforcing access control standards, conducting periodic network scanning and testing, and having a well-defined data protection policy. AKITRA offers a complete Compliance Automation Solution tailored to simplify PCI DSS compliance. Their solution includes automated scans, real-time monitoring, and simplified reporting to specify vulnerabilities, provide continuous compliance, and enhance audit readiness. b) HIPAA Compliance Automation: HIPAA (Health Insurance Portability and Accountability Act) compliance is crucial for healthcare organizations. AKITRA accelerates HIPAA compliance using automation. c) Features include: Delightful and effortless experience: AKITRA simplifies ongoing security and compliance monitoring. Time and cost savings: Customizable policies, 100+ integrations, and automated evidence collection reduce compliance efforts by up to 80%. Continuous compliance: Stay compliant 24/7 with AKITRA's Continuous Compliance Monitoring. Rapid compliance at a fraction of the cost: AKITRA helps organizations achieve HIPAA compliance efficiently. d) 24/7 Availability of Experts: With AKITRA, organizations have round-the-clock access to knowledgeable professionals who provide guidance and address inquiries related to compliance. AKITRA is trusted by fast-growing SaaS companies globally, making compliance easier and more efficient. 3.1.3Fidelis Security Fidelis Security is a trusted leader in cybersecurity for enterprise and government. With over 20 years of experience, it has been protecting leading organizations worldwide. Here are some key points about Fidelis Security: a) Proactive Cybersecurity Platforms: Fidelis Security provides proactive cyber defense solutions that detect post-breach attacks over 9x faster than competitors. It has defended 7 of the 10 largest US government agencies and 5 of the 6 branches of the US military. Its expertise extends to various sectors, including being the cybersecurity partner for the largest cellphone manufacturer, largest pharmacy chain, largest mobile service provider in the US, largest defense contractor, and largest pharmaceutical company globally. b) Cloud-Scale Security and Compliance: In the era of digital transformation, Fidelis unifies and automates cloud computing security controls and compliance across servers, containers, and more. Its solutions ensure efficiency, cost savings, business agility, and innovation while maintaining robust security. c) Fidelis Elevate: Fidelis Elevate is an Active XDR platform that enables proactive cyber defense across cloud environments and on-premises. It empowers organizations to engage adversaries earlier in the attack lifecycle, reshape the attack surface, and take control of enterprise security. Fidelis Security continues to innovate and provide cutting-edge solutions to combat evolving cyber threats. 3.1.4Hyperproof Hyperproof is a cloud-based platform that helps organizations stay on top of their security assurance and compliance work on a continuous basis. It empowers compliance, risk, and security teams to scale their workflows efficiently. Here are the key features of Hyperproof: a) Operationalizing Compliance and Risk Management: Hyperproof enables a user to automate workflows, prepare for audits, and mitigate risk. It optimizes compliance and risk management by mapping common controls to compliance requirements, automating evidence collection, mitigating issues, and monitoring compliance posture in one place. User can manage controls flexibly, create custom controls, and track them efficiently. b) Risk Management: Hyperproof helps identify and prioritize risks, orchestrate and automate risk workflows, and create alignment between risk management and compliance activities. The risk register centralizes risk management, ensuring no risk is missed. Analyze company risks and track risk posture over time. c) Audit Management: Streamline audit preparation with Hyperproof: Connect audit requests automatically to controls and their associated evidence. Collaborate with auditors in a dedicated audit space. Monitor audit progress using the audit dashboard. d) Vendor Management: Manage vendor risk with ease using Hyperproof. Track vendor risk posture over time and ensure compliance. Hyperproof is a powerful solution for organizations aiming to efficiently manage compliance and risk across multiple frameworks, including SOC 2, ISO 27001, NIST, and PCI. 3.1.5ISMS.online ISMS.online is an auditor-approved compliance platform that simplifies the process of achieving and maintaining compliance with various standards and regulations. Here are the key features of ISMS.online: a) ISO 27001 Compliance and More: Organizations can quickly achieve and maintain compliance with ISO 27001 and over 100 other in-demand standards using ISMS.online. These standards include ISO 9001, SOC 2, GDPR, NIST, and more. Whether managing multiple standards or new to ISO 27001, ISMS.online provides a comprehensive solution. b) Headstart Content: Up to 81% of the work is already completed with pre-built tools, frameworks, policies, and controls. This streamlined path to first-time certification saves time and avoids unnecessary complexities. c) Assured Results Method (ARM): ARM simplifies the certification process by breaking it down into manageable steps, guiding users through each one. It's a practical, time-saving approach to certification success. d) Integration Capabilities: ISMS.online seamlessly integrates with existing setups, automating tasks and reducing manual effort. Custom integrations can also be created using their public API. e) Risk Management Made Easy: Streamlined risk management within ISMS.online helps identify, evaluate, and treat risks effectively.The platform ensures a stress-free approach to risk assessment. f) Secure Asset Management: Manage all assets in a secure, shared workspace using dynamic asset management tools. g) Supplier Management: ISMS.online facilitates simple, secure supplier management by integrating with supply chains. ISMS.online is trusted by over 1,000 companies worldwide and provides powerful features for controlling compliance across various domains. 3.1.6LogicManager LogicManager is an auditor-approved compliance platform that simplifies the process of achieving and maintaining compliance with various standards and regulations. Here are the key features of LogicManager: a) Enterprise Risk Management (ERM): LogicManager offers a comprehensive suite of solutions to manage risk across various areas: IT Governance & Cybersecurity Third Party Risk Management Compliance Management Business Continuity Management Internal Audit Management Financial Controls Human Resources Risk Management The platform serves as a single source of truth, connecting different departments and providing analytical insights to strategically allocate resources. b) Expert Risk Management Support: Customers benefit from personalized training sessions and best practice consulting services. LogicManager's team of expert risk management consultants helps protect and optimize businesses. c) Corporate Governance & Board Level Reporting: Access to the Risk Maturity Model (RMM) facilitates corporate governance. The RMM provides benchmarking KPIs, actionable steps for program improvement, and reporting ready for board discussions. LogicManager empowers organizations to anticipate future risks, uphold their reputation, and improve business performance through strong governance in today's transparent economy. 3.1.7Pirani In recent years, GRC management has shifted towards an integrated risk management approach with holistic solutions. Pirani stands out as a pioneer in this space, offering user-friendly software that is easy to use and understand. Here’s what a user needs to know: Key features of Pirani GRC Software include: Centralized Platform: Pirani provides a centralized platform that integrates governance, risk, and compliance functions. Integrated Risk Management: Pirani’s adaptable operational risk management solution enables easy identification, measurement, control, and monitoring of operational risks. Security Risk Management: It helps manage security risks related to an organization’s information assets, ensuring confidentiality, integrity, and availability. Anti-Money Laundering Solution: Pirani assists in measuring risks associated with money laundering and terrorism financing. Pirani offers various plans tailored to companies of different sizes and maturity levels in risk management. Its hybrid model allows companies to try it first before making a decision. With Pirani, businesses can democratize risk management, protect what matters, and ensure business continuity. 3.1.8RiskOptics (formerly Reciprocity) RiskOptics empowers Chief Information Security Officers (CISOs) and organizations to turn risk into a strategic business asset. Here's how: Unified Platform: RiskOptics unifies compliance, risk, and governance initiatives, regardless of GRC status. It simplifies and automates processes, transforming GRC from a burden to a strategic advantage. Contextual Risk Insight: Powered by the ZenGRC and ROAR platforms, RiskOptics provides game-changing risk insight in the context of business initiatives. It quantifies the financial impact of risk, helping users communicate effectively with key stakeholders. Automated Workflows: RiskOptics streamlines time-intensive processes, including evidence collection, control testing, and ticket creation. It integrates seamlessly with existing tech infrastructure (AWS, Azure, Salesforce, Jira, GitHub). Business Advantage: By connecting risk to business strategy, RiskOptics enables a user to make informed decisions. It turns risk into a business advantage, ensuring compliance while mitigating data breaches and system failures. 3.1.9Thoropass The features of Thoropass, a GRC (Governance, Risk, and Compliance) software that smart businesses should consider: Continuous Compliance: Thoropass ensures ongoing compliance by monitoring data quality and sending alerts based on violations or misuse. Data Loss Prevention (DLP): Thoropass securely stores data either on-premise or in an adjacent cloud database to prevent data loss at rest. Cloud Gap Analytics: Analyzes data associated with denied entries and policy enforcement, providing insights for better authentication and security protocols. Compliance Governance: Allows users to create, edit, and relinquish user access privileges. Sensitive Data Compliance: Supports compliance with standards like PII, GDPR, HIPAA, PCI, and more. Administration Policy Enforcement: Administrators can set policies for security and data governance. Auditing: Analyzes web traffic and site performance to provide vulnerability insights and best practices. Workflow Management: Creates new or streamlines existing workflows to handle IT support tickets and services. Thoropass is the only end-to-end compliance solution offering expert guidance, thorough preparation, and a seamless security audit experience. With its comprehensive features, it's a solid choice for businesses aiming to navigate compliance with confidence. 3.1.10TrustCloud TrustCloud leverages AI, API-driven control verification, and collaborative tools to cut costs, accelerate revenue, and reduce liability. a) Unified Platform for Trust Assurance TrustCloud combines modern speed and ease of use with the thoroughness of legacy tools. The TrustOps programmatic evidence collection and continuous controls decrease audit prep time by 40%. Organizations maintain 24/7 audit readiness and achieve a 100% audit success rate. b) Speedy Security Reviews with TrustShare TrustShare's secure, public-facing portal invites prospects to view compliance reports without slowing down sales. Pre-fill up to 85% of questionnaires using prior information, demonstrating the security program's competence. c) Predictive Risk Assessments via TrustRegister TrustCloud takes risk management from manual spreadsheets to programmatic, predictive assessments. Monitor and forecast risks in real time, proving financial impact to the board and preventing risks proactively. d) Business Intelligence Reporting (Upcoming) TrustCloud will soon offer BI reporting, enhancing decision-making and visibility. 4. Beyond the Cyber Horizon: The 2023 Aftermath The 2023 cyber incidents have left an indelible mark on the cybersecurity domain. Organizations have ramped up their investment in cybersecurity infrastructure, recognizing the escalating threats and the need for robust defenses. This increased spending, which saw a 70% rise from 2019 to 2023, is a testament to the growing importance of cybersecurity in today's digital age. Governments worldwide have responded by introducing stricter data protection laws in 2023. The Digital Personal Data Protection Act, 2023 (DPDPA) in India and the General Data Protection Regulation (GDPR) in the European Union are prime examples of such legislative measures. These laws empower individuals with rights over their data and establish clear-cut guidelines for organizations handling their data. Moreover, there has been a heightened focus on international cooperation to combat cybercrime. Initiatives like Interpol’s Global Cybercrime Programme and Europol’s European Cybercrime Center exemplify this collaborative approach. As we look beyond 2023, these developments continue to shape the cybersecurity landscape, reinforcing the need for vigilance, innovation, and collaboration as cyber threats continue to lurk.

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Software Security

App-Solutely Secure: A Game Plan for Apps with Robust Security

Article | March 22, 2024

Discover the top application security strategies to develop secure apps. Understand the app-solutely secure game plan for top-notch app security. Develop a secure app ecosystem using these tactics. Contents 1. Setting the Stage for Unshakeable App Security 2. The High Stakes of App Security: Why It’s Non-Negotiable 3. Mastering the Art of App Defense: Proven Security Strategies 3.1 Adopt a Security-First Mindset from the Outset 3.2 Implement Rigorous Authentication and Authorization Processes 3.3 Regularly Update and Patch Software Components 3.4 Employ Encryption Techniques to Protect Data 3.5 Conduct Thorough Security Testing Throughout the Development Cycle 3.6 Ensure Secure Code Practices and Review 3.7 Incorporate Security Information and Event Management (SIEM) 3.8 Leverage Cloud Security Features 3.9 Educate and Train Staff on Security Best Practices 3.10 Adopt a Comprehensive Incident Response Plan 3.11 Utilize Application Security Posture Management (ASPM) 3.12 Engage in Continuous Monitoring and Improvement 4. The Last Word: Envisioning a Secure App Ecosystem 4.1 Future Trends 4.2 Continuous Transformation In the wake of rising cyber threats, the threat landscape is becoming increasingly complex. Cyber threats are not only growing in volume, but they're also becoming more sophisticated. From ransomware to AI-driven attacks, the cyber arena is constantly shifting, posing new challenges for organizations. This dynamic nature of threats underscores the need for robust app security that can adapt and respond to these changes. 1. Setting the Stage for Unshakeable App Security Securing applications doesn’t come without its challenges. Disparate security solutions can lead to oversights and gaps, leaving applications vulnerable to attacks. In addition, the rapid pace of digitization and the adoption of new technologies often outpace security measures, leading to further vulnerabilities. These security gaps are the weak links that attackers exploit, emphasizing the need for a comprehensive and integrated approach to app security. The cybersecurity skills gap is another critical issue that impacts an organization's ability to defend against threats. The industry is struggling to fill the gap, with a shortage of 3.4 million cybersecurity experts needed to support today's global economy. This shortage not only increases the risks but also hampers the ability of organizations to respond effectively to cyber threats. Addressing this skills gap is crucial for building unshakeable app security and ensuring a safer digital future. 2.The High Stakes of App Security: Why It’s Non-Negotiable In the digital age, data breaches can lead to severe consequences, including financial losses and reputational damage. According to IBM’s Cost of Data Breach Report 2023, the average cost of a data breach reached an all-time high in 2023 of USD 4.45 million. These costs can include compensating affected customers, setting up incident response efforts, investigating the breach, and investing in new security measures. Real-world examples underscore the potential risks and the importance of proactive defense strategies for application security. For instance, the CAM4 data breach in March 2020 exposed over 10 billion records, including sensitive information like full names, email addresses, and sexual orientation. Similarly, the Yahoo data breach in 2017 compromised 3 billion user accounts. Insider threats pose a significant risk to cybersecurity. An insider threat is a type of cyberattack originating from an individual who works for an organization or has authorized access to its networks or systems. The Ponemon Institute’s 2020 Cost of Insider Threats research found that this form of attack cost an average of $11.45 million and that 63% of insider threats result from employee negligence. As we move forward, understanding and mitigating these threats is non-negotiable in the realm of app security. 3.Mastering the Art of App Defense: Proven Security Strategies Having a robust defense strategy to mitigate cyber threats is paramount as they continue to grow. A blend of proactive and reactive defenses is the key. Proactive measures prevent attacks from happening, while reactive ones deal with attacks post-occurrence. From training employees, updating software, and performing penetration tests, these strategies ensure a fortified defense. Threat prioritization is another crucial aspect. With the high volume of alerts, it's challenging to sift through and separate false positives from significant threats. Prioritization helps focus on the most critical and urgent issues, ensuring efficient use of resources. Lastly, third-party providers like managed detection and response (MDR) service providers and managed security service providers (MSSPs) play a vital role in enhancing cybersecurity. They offer comprehensive protection by continuously monitoring an organization's IT environment. Tools that enhance application security include authorization, authentication, encryption, logging, and testing. These tools, combined with the expertise of third-party providers, create a formidable defense against cyber threats. Explore the best practices for robust app security and application security strategies for a secure app game plan: 3.1 Adopt a Security-First Mindset from the Outset Embracing a security-first approach entails integrating security considerations into the application development process from the very beginning. This strategy ensures that security is not an afterthought but a fundamental aspect of the application design and architecture. By prioritizing security early, potential vulnerabilities can be identified and mitigated at the initial stages, significantly reducing the risk of complex and costly security issues later on. This approach fosters a culture of security within the development team, encouraging constant vigilance and proactive security practices throughout the project lifecycle. 3.2 Implement Rigorous Authentication and Authorization Processes Strong authentication mechanisms are crucial for verifying the identity of users and ensuring that only legitimate users can access the application. Multi-factor authentication (MFA) enhances security by requiring users to provide two or more verification factors, combining something they know (like a password), something they have (like a smartphone), and/or something they are (like a fingerprint). On the other hand, robust authorization processes, such as role-based access control (RBAC), ensure that users can access only the resources that are necessary for their roles, minimizing the risk of unauthorized access to sensitive information. This is one of the most important application security strategies. 3.3 Regularly Update and Patch Software Components Keeping software components up-to-date is essential for protecting applications from vulnerabilities. Developers should implement a systematic process for monitoring, identifying, and applying updates and patches to their software components, including third-party libraries and frameworks. This proactive approach helps to protect against known vulnerabilities that could be exploited by attackers, thus maintaining the integrity and security of the application. Using a software composition analysis tool is a must in this regard. 3.4 Employ Encryption Techniques to Protect Data Encryption is a powerful tool for protecting sensitive data, ensuring that it remains confidential and secure from unauthorized access. Employing robust encryption protocols for data at rest and in transit prevents attackers from intercepting, accessing, or altering information. Implementing end-to-end encryption for data in transit and encrypting data at rest in databases and other storage solutions are fundamental practices for securing user data against eavesdropping and breaches. 3.5 Conduct Thorough Security Testing Throughout the Development Cycle Integrating security testing into the development lifecycle enables the early detection and remediation of vulnerabilities. This involves a combination of static application security testing (SAST), dynamic application security testing (DAST), and penetration testing to assess the application from various angles. A comprehensive security testing strategy not only identifies vulnerabilities but also assesses the application's resilience against attacks, ensuring that security measures are effective and robust. 3.6 Ensure Secure Code Practices and Review Secure coding practices are essential for minimizing vulnerabilities in application code. Developers should adhere to coding standards that prioritize security, such as validating input to prevent injection attacks and managing errors securely. Regular code reviews and pair programming sessions can help identify and address security issues early. Automated tools can also scan code for common security issues, providing an additional layer of scrutiny and helping to enforce secure coding practices across the development team. 3.7 Incorporate Security Information and Event Management (SIEM) SIEM systems play a crucial role in the real-time monitoring and analysis of security alerts generated by applications and network hardware. By aggregating and analyzing log data from various sources, SIEM solutions can detect suspicious activities and potential security incidents, enabling timely and effective responses. This level of visibility and proactive monitoring is essential for identifying threats early and mitigating their impact on application security and data integrity. 3.8 Leverage Cloud Security Features When deploying applications in the cloud, it is essential to utilize the built-in security features provided by cloud service providers. These features, including identity and access management (IAM), data encryption, and security groups, are designed to enhance the security of applications and data hosted in the cloud. By configuring these features correctly and following the cloud provider's best practices, developers can significantly improve the security posture of their cloud-based applications. 3.9 Educate and Train Staff on Security Best Practices Human error is a significant factor in many security breaches. Providing comprehensive education and training on security best practices is crucial for reducing the risk of accidental or intentional security incidents. This includes training developers on secure coding practices, educating all staff on recognizing phishing and social engineering attacks, and ensuring that everyone is aware of the organization's security policies and procedures. Ongoing training and awareness programs help build a culture of security within the organization, making it more resilient to cyber threats. 3.10Adopt a Comprehensive Incident Response Plan An effective incident response plan is vital for managing and recovering from security incidents. This plan should clearly outline the procedures for detecting, containing, and eradicating threats, as well as recovering systems and data affected by a breach. It should also include protocols for communicating with stakeholders, including customers, employees, and regulatory bodies, as needed. A well-prepared incident response plan enables organizations to respond swiftly and efficiently to security incidents, minimizing their impact and restoring normal operations as quickly as possible. 3.11Utilize Application Security Posture Management (ASPM) ASPM solutions provide organizations with a comprehensive overview of their application security posture, enabling them to identify vulnerabilities, monitor compliance with security policies, and prioritize remediation efforts. By continuously assessing the security state of applications, ASPM helps organizations proactively address security issues and enforce best practices across their application portfolio. This holistic approach to application security management ensures that security considerations are integrated throughout the application lifecycle, from development to deployment and maintenance. 3.12Engage in Continuous Monitoring and Improvement Maintaining a robust security posture requires ongoing effort and vigilance. Continuous monitoring of security metrics and the application environment helps detect new vulnerabilities and emerging threats. Regularly reviewing and updating security practices and technologies ensures that the organization's defenses remain effective against the expanding threatscape. This is one of the most important application security strategies that commits to continuous improvement, which is essential for staying ahead of attackers and protecting applications and data against future security challenges. Some of the companies that are building better and more secure apps include: Adlumin Adlumin is a cybersecurity company that focuses on revolutionizing how organizations secure sensitive data and intellectual property while achieving compliance. Its platform is centered around the concept of security and event management (SIEM), leveraging the power of AI and machine learning to provide real-time analysis and visualization of security events. Adlumin's solution goes beyond traditional SIEM by incorporating advanced features like user and entity behavior analytics (UEBA), which helps in detecting insider threats and advanced persistent threats (APTs) by monitoring unusual behavior patterns. Designed for financial institutions, government agencies, and healthcare providers, Adlumin's platform not only enhances security posture but also simplifies compliance reporting, making it easier for organizations to meet regulatory requirements. The company's innovative approach to cybersecurity ensures that its clients can protect their digital assets effectively and efficiently. Coralogix Coralogix is a state-of-the-art log analytics and monitoring solution that aims to transform traditional log management practices by offering insights and data-driven operational improvements. Unlike conventional tools that focus solely on data storage and retrieval, Coralogix emphasizes the analysis and interpretation of logs, enabling companies to understand the behavior of their systems better and make informed decisions. This is achieved through advanced machine learning algorithms that identify trends, anomalies, and patterns within vast amounts of data, effectively reducing noise and highlighting issues that matter most. Coralogix's platform is designed for scalability, supporting businesses from startups to enterprise-level operations, ensuring they can manage their data efficiently, comply with regulations, and optimize their operational health without the overhead of managing massive data infrastructure. Through its innovative approach, Coralogix provides a powerful tool for real-time analytics, performance monitoring, and security, helping businesses to maintain high availability and performance standards. Cynet Security Cynet Security is a leading provider of autonomous breach protection platforms designed to integrate and automate the various aspects of cyber defense. Established with a vision to simplify security operations, Cynet brings together essential security technologies such as endpoint protection, network analytics, user behavior analytics, and vulnerability management into a single, cohesive platform. This integration enables organizations of all sizes to achieve a level of cyber defense previously accessible only to very large organizations. Cynet's core focus is on reducing complexity and enhancing the efficacy of security operations, making advanced threat detection and response capabilities accessible without the need for large security teams or complex deployments. Through its 24/7 security operations center (SOC), Cynet also offers expert support, ensuring that organizations are not only equipped with cutting-edge technology but also backed by professional guidance and response services. Dataminr Dataminr is a global leader in real-time information discovery, leveraging artificial intelligence and machine learning to analyze public data signals from across digital media, proprietary datasets, and other sources. Its cutting-edge technology is designed to detect, classify, and determine the significance of public information in real time, providing clients with the earliest warnings of relevant events and emerging risks. Dataminr serves a diverse clientele, including public sector agencies, corporations in various industries, and news organizations, offering them critical insights that enable faster response, risk mitigation, and decision-making. The platform's ability to provide instant alerts on breaking news, natural disasters, socio-political events, and other critical information makes it an indispensable tool for risk management and operational readiness in an increasingly unpredictable global landscape. Devo Devo, headquartered in Cambridge, Massachusetts, is at the forefront of cloud-native logging and security analytics. By offering a high-speed, scalable platform, Devo empowers organizations to gain insights into their data in real-time, facilitating rapid response to security threats and operational issues. Its platform is designed to handle the massive volumes of data generated by modern enterprises, providing not just data collection and storage, but also advanced analytics capabilities. This enables businesses to uncover hidden patterns, identify potential security breaches, and improve operational efficiency. Devo's unique selling proposition lies in its ability to offer real-time visibility across an organization's entire digital landscape, from applications to networks to cloud services. This comprehensive coverage, combined with a commitment to innovation, makes Devo a valuable ally for organizations looking to enhance their cybersecurity posture and leverage data for strategic advantage. Exabeam Exabeam is a leading cybersecurity company specializing in advanced threat detection, investigation, and response (TDIR) solutions. Its platform leverages big data, machine learning, and automation to improve the efficiency of security operations centers (SOCs). Exabeam's Security Management Platform (SMP) is known for its user and entity behavior analytics (UEBA), which helps in identifying anomalous behavior and potential security threats by analyzing user activities and data patterns. The platform also includes Exabeam Advanced Analytics, Incident Responder, and Threat Hunter, which together provide a comprehensive suite for detecting, investigating, and responding to cyber threats. Exabeam's solutions are designed to integrate with existing security tools, enhancing their capabilities and providing a more coherent and effective security posture. This approach helps organizations quickly identify sophisticated cyber threats, streamline their security operations, and reduce the time it takes to detect and respond to incidents. Logpoint LogPoint is a pioneering cybersecurity firm specializing in SIEM (Security Information and Event Management) solutions, with a strong focus on turning data into actionable insight. Its advanced analytics platform is designed to simplify the complex world of cybersecurity for organizations of all sizes. By leveraging cutting-edge technologies and AI-driven analytics, LogPoint enables businesses to detect, respond to, and mitigate cyber threats in real time. Its solution not only focuses on security but also extends to compliance and operational intelligence, providing a holistic view of an organization's IT ecosystem. The platform is known for its user-friendly interface, scalability, and ability to integrate with a wide range of IT systems and applications. With a global presence, LogPoint caters to a variety of sectors, including finance, healthcare, and government, helping them to protect their digital assets and ensure compliance with regulatory standards. LogRhythm LogRhythm is a comprehensive security intelligence company known for its NextGen SIEM Platform, which combines advanced security analytics, user and entity behavior analytics (UEBA), network detection and response (NDR), and security orchestration, automation, and response (SOAR) in a single end-to-end solution. LogRhythm's platform is designed to help organizations detect and respond to cyber threats more quickly and efficiently, enhancing their ability to protect critical assets and infrastructure. The company's technology is built on a powerful, scalable architecture that supports high-volume data processing, enabling security teams to identify and mitigate sophisticated attacks through real-time analysis and correlation of data from multiple sources. By providing a unified view of an organization's security posture, LogRhythm empowers teams to streamline their operations, reduce false positives, and focus on genuine threats, thereby improving the overall effectiveness of their security operations. Lookout Lookout is a cybersecurity company that specializes in delivering mobile-first protection solutions. Recognizing the shift towards mobile computing, Lookout has developed a platform that focuses on safeguarding smartphones, tablets, and other mobile devices against a wide array of threats, including phishing attacks, malware, and app vulnerabilities. Its technology combines machine learning with a vast dataset of mobile code, enabling the detection and neutralization of threats before they can cause harm. Lookout's products cater to both consumers and enterprises, offering solutions that range from personal device protection to comprehensive mobile threat defense for large organizations. For businesses, Lookout provides visibility into the security posture of their mobile fleet, ensuring that employees can work from any device, anywhere, without compromising the organization's security. With a user-friendly approach and a commitment to innovation, Lookout is a key player in the mobile security space, helping to bridge the gap between mobility and security. Netcraft Netcraft is an internet services company renowned for its expertise in cybersecurity and web intelligence. With a comprehensive suite of services that includes anti-phishing, cybercrime detection, and web application security, Netcraft provides critical protection for a wide range of clients, including government, financial institutions, and major corporations. Its approach combines automated scanning with human analysis, offering detailed insights into the security and reliability of websites and internet infrastructure. Netcraft's anti-phishing service is particularly noteworthy, offering rapid detection and takedown of phishing sites to protect users from online fraud. Additionally, the company's web application testing tools help organizations identify vulnerabilities and secure their online services against potential attacks. With a reputation for accuracy and reliability, Netcraft is a trusted advisor and provider of internet security solutions worldwide. OPSWAT OPSWAT is a global cyber security firm that specializes in critical infrastructure protection through the development of software solutions designed to detect and prevent malware, ransomware, and other cybersecurity threats. Its products are focused on ensuring the security and integrity of IT and OT (operational technology) environments in sectors such as energy, water utilities, and manufacturing. OPSWAT's approach involves a multi-layered security strategy that includes advanced threat prevention, data sanitization (content disarm and reconstruction), endpoint compliance, and secure access solutions. By integrating with existing security architectures, OPSWAT's technologies enable organizations to achieve comprehensive cybersecurity defense across all operational layers. Its commitment to innovation and the development of easy-to-integrate solutions has made OPSWAT a key player in safeguarding the world's critical infrastructure from an ever-evolving threat landscape. Sumo Logic Sumo Logic, established in 2010, is a cloud-based machine data analytics company focusing on security, operations, and BI use-cases. It provides log management and analytics services that leverage machine-generated big data. The company caters to sectors such as education, financial services, technology, retail, and the public sectors. In 2023, Francisco Partners acquired Sumo Logic for $1.7 billion, taking the company private. This acquisition underscores the significant value and potential seen in Sumo Logic's innovative technology. The company has made strategic acquisitions, such as DFLabs, to expand its capabilities in SOC, SIEM, SOAR, and DevSecOps tools. These acquisitions have not only enhanced its product offerings but also its ability to provide actionable insights for users. Swimlane Swimlane, headquartered in Louisville, CO, USA, is a prominent player in low-code security automation. It caters to sectors like energy, utilities, banking, finance, insurance, healthcare, and more. In 2022, it secured a $70 million growth funding round, marking its rapid growth in the security automation field. The Turbine platform, a significant product of Swimlane, is the world's fastest and most scalable security automation platform. It can execute 25 million actions per day, which is 10 times faster than any other platform. This platform is prepared to redefine SecOps and address the difficulties brought about by the expanding attack surface and the volume of threat telemetry in cybersecurity. 4.The Last Word: Envisioning a Secure App Ecosystem A secure app ecosystem is a digital environment where applications are developed, deployed, and maintained with robust security measures. It's a future-forward approach that ensures data integrity, user privacy, and resilience against cyber threats. 4.1 Future Trends Blockchain: This technology is revolutionizing mobile app security with its decentralized and tamper-resistant platform. It ensures smooth and secure digital transactions, reducing the risk of cyberattacks. Blockchain is being leveraged in various industries, enhancing the security of mobile apps that feature hack-proof systems. Artificial Intelligence (AI): AI is enhancing app security by forecasting threats, identifying vulnerabilities, and providing remediation guidance. AI areas such as machine learning and expert systems can be leveraged to improve application security. By analyzing user behavior, AI has created an important level of user-friendly environment. 4.2 Continuous Transformation Digital Transformation: Digital transformation is an ongoing journey. As software and cloud-native apps balloon in scope and complexity, the security of these applications becomes paramount. The rapid evolution of technologies like AI, machine learning, and blockchain is significantly altering app security. Adapting to New Challenges: These advancements promise enhanced security capabilities but also bring new challenges and vulnerabilities for which organizations must be prepared. In the future, a secure app ecosystem will be paramount. Exploring appsec and deception software comparison guides is a step towards this vision. It empowers users to make informed decisions, ensuring robust security in an ever-evolving digital landscape. Embrace the future; start a secure app journey today.

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Software Security

GRC Security 2024: Notable Cybersecurity Events on the Horizon

Article | March 6, 2024

Network with the best of the best cybersecurity experts at the top cybersecurity events in 2024 with cybersecurity conferences. Keep up with global security trends, challenges and best practices. Contents 1. Setting the Stage: Cyber Security 2024 Events 2. A Sneak Peek: 2024’s Cybersecurity Events and Conferences 2.1 Cyber Security and Cloud Expo 2.2 RSA Conference 2024 2.3 InfoSec World 2.4 Nordic IT Security Event 2.5 Cyber Security World Asia 2.6 Cybersecurity Expo 2.7 Infosecurity Europe 2.8 Gartner Security & Risk Management Summit 2.9 CS4CA 2.10 2024 Cybersecurity Summit 3. The 2024 Expedition: Cybersecurity and Data Protection Are you feeling left out in the cybersecurity domain, where changes happen every second? Fear not! Attending cybersecurity events in 2024 is your golden ticket to staying ahead of the curve. 1. Setting the Stage: Cyber Security 2024 Events These cybersecurity events in 2024 are not just about listening to experts but are a treasure trove of networking opportunities, sharing ideas, and gaining insights that would otherwise require substantial effort and time for research. From the Cyber Security and Cloud Expo to the CS4CA event, these gatherings are intendedto provideprofessionals with the skills and resourcesthey need to elevate their cybersecurity approach. So, mark your calendars for 2024 and prepare to experience a year of learning and growth in cybersecurity! Be part of the cybersecurity community that’s active locally and nationally at events across the globe. Remember, knowledge is power, and these events are your powerhouse. Don’t miss out! 2. A Sneak Peek: 2024’s Cybersecurity Events and Conferences Are you ready to dive into the ocean of cybersecurity knowledge? Buckle up! The year 2024 is packed with a myriad of cybersecurity events that are just waiting for your participation. These events are your one-stop-shop for everything cybersecurity, from GRC to the latest threats and defenses. So, grab this opportunity to learn from the best, network with peers, and stay updated in this fast-paced field. Get ready to explore, learn, and grow in the world of cybersecurity. Your journey starts here! 2.1 Cyber Security and Cloud Expo The Cyber Security and Cloud Expo, RAI Amsterdam, is a must-attend event for cybersecurity enthusiasts. Here's a brief overview: Who it's for: The event is expected to attract over 7,000 attendees globally, including Chief Information Security Officers, Chief Information Officers, Chief Security Architects, Heads of Information Security, Chief Compliance Officers, Privacy Officers, and Data Protection Specialists. Specialization: The event covers areas such as: Zero Trust Threat Detection and Response Cyber Security Landscape Identity and Access Management Application Security Hybrid Cloud strategies Cloud Adoption Cloud Transformation Data Security Disaster Recovery Strategies Smart Cloud Security When and where: The event will take place at RAI, Amsterdam, on 1-2 October 2024. Agenda: More than 150 speakers will share their incomparable business knowledge and firsthand experiences at the conference through presentations, knowledgeable panel discussions, and fireside talks. Notable speakers: Some of the notable speakers include: Maikel Ninaber, Director, Cyber and Intelligence (C&I) at Mastercard Arda Çirpili, Cyber Security Project Manager & Business Analyst at Rabobank Piergiorgio Ladisa, Security Researcher PhD Student at SAP Labs France René Pluis, Global Cyber Security Remediation Manager at Philips Martin Sandren, IAM Product Lead at IKEA Networking opportunities: During the VIP Networking Party, attendees will have the opportunity to interact with prominent people and have deep and important talks. GRC in cybersecurity: The event will cover topics pertaining to governance, risk, and compliance (GRC) in cybersecurity. It will also include discussions on data security and protection, identity, privacy, compliance, GDPR and other regulations, and legal implications of cybersecurity breaches. This event is a great opportunity to learn about the latest advancements in cybersecurity and cloud computing and to network with industry professionals. 2.2 RSA Conference 2024 The RSA Conference 2024 is a must-attend event for cybersecurity professionals. Here's a snapshot of what you can expect: Who it's for: The conference is crafted for cybersecurity professionals who seek to stay ahead of the curve in the cybersecurity space. Specialization: Attendees and speakers specialize in various areas of cybersecurity, including threat intelligence, infrastructure security, and more. When and where: The conference will take place at the San Francisco MosconeCenter from May 6 – 9, 2024. Agenda: The conference will feature expert-led sessions, keynotes, in-depth learning labs, and more, covering the latest trends, threats, and solutions in cybersecurity. Notable speakers: Some of the keynote speakers include: Jen Easterly, Director of the Cybersecurity and Infrastructure Security Agency (CISA) Vijay Bolina, CISO Head of Cybersecurity Research at Google DeepMind Adam Cohen,Senior Director and Associate General Counsel – Cybersecurity at Capital One Michael Sentonas,President of CrowdStrike Networking opportunities: The conference provides numerous opportunities for networking, such as interactive sessions and an expo.Here, the attendees can connect with industry vendors, meet product experts, discuss challenges, and demonstrate the latest solutions. GRC in cybersecurity: While specific sessions on governance, risk management, and compliance (GRC) are not mentioned in the available details, the conference typically covers a wide range of topics, and GRC is a crucial aspect of cybersecurity. This event promises to be a rich learning experience, offering insights into the art of the possible in the dynamic field of cybersecurity. 2.3 InfoSec World InfoSec World 2024 is one of the most sought-after information security conferences. It is a convergence of cybersecurity experts and thought leaders, shaping the future of cybersecurity through insightful discussions and innovative solutions. Here’s its overview: Who it's for: The event is for cybersecurity professionals, including CISOs, CTOs, COOs, CIOs, Developers, IAM Architects/Engineers, IAM Directors, Information Security Officers, IS/IT Directors/Managers, Product Managers, Security Architects, and Security Infrastructure Engineers. Areas of Specialization: The attendees and speakers specialize in various areas of cybersecurity, including Application Security Cloud Security Cyber Crime Data Protection DevSecOps Governance, Regulation and Compliance (GRC) Date, Time, and Place: The event will take place from September 23-25, 2024, at Disney’s Coronado Springs Resort, Lake Buena Vista, Florida. Agenda and Topics: The event will feature world-class conference programming, enlightening keynotes, and a vibrant expo floor featuring the latest security solutions. Topics covered include cybercrime, data protection, DevSecOps, governance, regulation and compliance (GRC), and more. Notable Speakers: Some of the notable speakers include: Scott Shapiro, Founding Director of the Yale CyberSecurity Lab Rachel Wilson, Managing Director and Head of Cybersecurity of Morgan Stanley Wealth Management Iranga Kahangama, Assistant Secretary for Cyber, Infrastructure, Risk & Resilience of the U.S. Department of Homeland Security Networking Opportunities:It provides a network of over 2,500 security professionals, offering ample opportunities for networking. GRC in Cybersecurity:It covers topics related to governance, regulation, and compliance (GRC) in cybersecurity. This event is a great opportunity for cybersecurity professionals to learn, network, and stay updated with the latest trends in the industry. 2.4 Nordic IT Security Event Audience: The event is primarily for cybersecurity professionals who are keen on staying updated with the latest developments in the field. It's a platform for seasoned industry professionals to discuss business-critical topics. Specialization: The attendees and speakers at this event come from various specializations within cybersecurity. This includes areas like threat intelligence, infrastructure security, and many more. Date, Time, and Venue: The event is scheduled to take place on May 23, 2024, at the Stockholm Waterfront Congress Center. Agenda: The conference will feature expert-led sessions, keynotes, and in-depth learning labs. These will cover the latest trends, threats, and solutions in cybersecurity. Speakers: The event will host several notable speakers,including: David Jacoby, an Ethical Hacker with over 25 years of experience Mikko Hypponen, a globally recognized cybersecurity expert and Chief Research Officer for With Secure Arnaud Wiehe, a thought leader in cybersecurity who has served as a CISO for multiple years Patric J.M. Versteeg, a visionary executive passionate about revolutionizing information and cybersecurity management Nir Chervoni, the Head of Data Security at Booking.com Networking Opportunities: The conference provides numerous networking opportunities. This includes interactive sessions and an expo where attendees can connect with industry vendors, meet product experts, discuss challenges, and demo the latest solutions. GRC in Cybersecurity: While specific sessions on governance, risk management, and compliance (GRC) are not mentioned in the available details, the conference typically covers a wide range of topics, and GRC is a crucial aspect of cybersecurity. This event is a great opportunity for cybersecurity professionals to learn, network, and stay updated with the latest trends in the field. It's a platform that brings together the best minds in the industry to discuss and address the challenges faced by global communities in the 21st century. 2.5 Cyber Security World Asia The Cyber Security World Asia is one of the cybersecurity conferences to attend in 2024 for these reasons: Audience: The event is for professionals, business leaders, and cybersecurity enthusiasts. Specialization: Attendees and speakers specialize in various areas of cybersecurity, including: Zero trust Data protection DevSecOps Date, Time, and Place: The event will take place on 9-10th October 2024 at Marina Bay Sands, Singapore. Agenda and Topics Covered:Keynote addresses, panel discussions, interactive workshops, and networking opportunities will all be included in the conference. It will also cover the newest developments, difficulties, and tactics in cybersecurity. Networking Opportunities: The event offers unique opportunities for networking and knowledge exchange, with the potential to create partnerships and collaborate with peers. GRC in Cybersecurity: GRC (Governance, Risk, and Compliance) is a crucial aspect of cybersecurity. It aligns IT goals with business objectives while effectively managing cyber risks and achieving regulatory needs. This event is a must-attend for anyone looking to stay updated on the latest in cybersecurity and network with industry professionals. 2.6 Cybersecurity Expo Who is the event for: The Cybersecurity Expo is intended for a broad spectrum of attendees who are interested in the latest developments in the field. It includes cybersecurity professionals, business leaders, and enthusiasts. Areas of Specialization: The attendees and speakers at the event specialize in various areas of cybersecurity. This includes but is not limited to zero trust security models, data protection strategies, and DevSecOps practices. Date, Time, and Place: The event is scheduled to take place on 31st October 2024. The venue for the event is the QEII Centre, located in Broad Sanctuary, London, SW1P 3EE. Agenda and Topics Covered:Plenty of different activities, such as interactive workshops, panel discussions, and keynote addresses, will be offered during the conference. These sessions will cover a wide range of topics, providing insights into the latest trends, challenges, and strategies in cybersecurity. Notable Speakers: The event will feature a lineup of industry leaders from various organizations. Some of the confirmed speakers include representatives from Northrop Grumman, Counter Terrorism Policing, Jacobs, CGI, Matchtech, Mott MacDonald, and QinetiQ. Networking Opportunities: The Cybersecurity Expo offers attendees unique opportunities for networking and knowledge exchange. This includes the potential to create partnerships and collaborate with peers from various sectors within the cybersecurity industry. GRC in Cybersecurity: Governance, Risk, and Compliance (GRC) is a crucial aspect of cybersecurity. It involves aligning IT goals with business objectives, managing cyber risks, and meeting regulatory needs. GRC in cybersecurity is about ensuring that an organization’s IT systems and processes are aligned with its business objectives, managing cyber risks, and meeting all relevant industry and government regulations. This event is a must-attend for anyone seeking to stay updated on the latest in cybersecurity and network with industry professionals. 2.7 Infosecurity Europe The Infosecurity Europe is one of the best security conferences and events in the northern hemisphere for these reasons: Who the event is for: Infosecurity Europe is for everyone in information security, from experts and engineers to innovators and industry leaders. Areas of specialization: The attendees and speakers specialize in various areas of information security, including cybersecurity knowledge, infosec tools, and complex threat environments. Date, time, and place: The event will take place from 4-6 June 2024 at ExCeL London. Agenda and topics covered: The conference program covers a wide range of topics in information security. It includes keynote sessions, panel discussions, fireside chats, and interviews. The 2024 conference program is yet to be announced. Networking opportunities: The event provides opportunities to connect with emerging and established international suppliers worldwide. It also allows attendees to grow new relationships through diverse networking opportunities. GRC in cybersecurity: While the specific topics for the 2024 event are not yet announced, GRC (Governance, Risk, and Compliance) is a crucial aspect of information security and is likely to be covered. 2.8 Gartner Security & Risk Management Summit The Gartner Security and Risk Management Summit is a must-attend cybersecurity summit for security and risk management leaders. Here's what you need to know: Who it's for: The summit is designed for Chief Information Security Officers, Security Operations, Risk Management Leaders, IAM Leaders, Security Architects, Technical Professionals, Infrastructure Security Leaders, and Data and Application Security Leaders. Specialization: The attendees and speakers specialize in cybersecurity, risk management, infrastructure security, application and data security, and more. When and where: The summit will take place on June 3 – 5, 2024, in National Harbor, MD. Agenda: The summit will cover topics like: the impact of Generative AI on security cybersecurity value drivers infrastructure security cybersecurity board reporting Networking opportunities: The summit provides opportunities for networking through roundtables, peer conversations, end-user case studies, and social engagements. There's also a dedicated program called the CISO Circle for chief information security officers. It will cover keynote speaker speeches, Magic Quadrant sessions and market guides, solution provider sessions, workshops, midsize enterprise programs, and diversity, equity, and inclusion sessions. GRC in cybersecurity:The summit will cover a broad range of topics in cybersecurity, which may include Governance, Risk, and Compliance (GRC). This event is a great opportunity to learn from leading experts, share experiences, and gain insights into the latest trends and strategies in cybersecurity and risk management. 2.9 CS4CA The CS4CA is one of the top security conferences in 2024. It focuses on the aspects mentioned in the following: Audience: The CS4CA event is designed for IT & OT security professionals from critical infrastructure sectors across the globe. Specialization: The attendees and speakers specialize in cybersecurity for critical assets, with a focus on industries like Energy, Agriculture, Oil & Gas, Manufacturing, Aviation, Transport, and more. Date, time, and place: The CS4CA event is scheduled to take place at different locations throughout 2024. These include: Houston, Texas (March 26th - 27th) Singapore (April 3rd - 4th) Calgary, Canada (June 11th - 12th) London, UK (September 24th - 25th) Agenda and topics covered: The event will address key challenges in cybersecurity, such as managing risks, ensuring cyber resilience, and implementing effective governance, risk, and compliance (GRC) strategies. Notable speakers: The event features a line-up of expert speakers, including: John Ellis (CISO, Bupa) Manjunath Pasupuleti (CISO, ENNOVI) Roshan Daluwakgoda (CISO, Eastern Health) Andrew Ginter (VP Industrial Security, Waterfall Security Solutions) Networking opportunities: The event provides ample opportunities for networking, learning, and collaboration among senior IT and OT stakeholders. GRC in cybersecurity: The event covers the importance of a good Governance, Risk, and Compliance (GRC) strategy in overcoming cybersecurity risks. This event is a must-attend for anyone looking to enhance their knowledge and network in the field of cybersecurity. 2.102024 Cybersecurity Summit The 2024 Cybersecurity Summit is going to be one of the most attended information security events and conferences. Here is an overview of it: Who the event is for: The summit is for cybersecurity professionals, from novices to experts, looking to acquire practical knowledge and fresh perspectives. Areas of specialization: The attendees and speakers are specialized in various areas of cybersecurity, including: Cyber threat intelligence (CTI) Digital trust Audit Governance Privacy Security Emerging technologies Date, time, and place: The summit is scheduled to take place from January 29 – February 5, 2024. The event will be held in Washington, DC, and also virtually. Agenda and topics covered: The summit will cover a wide range of topics, challenging traditional CTI assumptions and offering new perspectives. Networking opportunities: The summit provides an excellent platform for networking, bringing together cybersecurity executives and CISOs from all corners of the country. GRC in cybersecurity: The sources do not specify if the event will cover governance, risk management, and compliance (GRC) in cybersecurity. This event is a must-attend for anyone looking to stay updated in the ever-evolving field of cybersecurity. 3. The 2024 Expedition: Cybersecurity and Data Protection As we set sail on the 2024 expedition, the cybersecurity scene is more dynamic than ever. The rise of Generative AI (GenAI) is transforming operational practices, offering both challenges and opportunities. Ransomware 2.0, with its double extortion and data theft, is introducing a new level of complexity. The expanding attack surface due to the exponential growth of connected devices is amplifying vulnerabilities. Preventing cyber security incidents with the help of robust red teaming and pentesting has become more important than ever before. Amidst these challenges, the importance of a comprehensive cybersecurity strategy that aligns with company objectives and regulatory compliance remains paramount. The journey ahead is challenging, but with vigilance and adaptability, we can navigate the evolving cybersecurity frontier. Stay tuned for the notable cybersecurity events in 2024 with rich global cyber expertise.

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Spotlight

Entersekt

Entersekt is an innovator in push-based authentication and app security. The company’s one-of-a-kind approach harnesses the power of digital certificate technology with the convenience of mobile phones to provide financial services companies and their customers with full protection from online fraud. Built on open technologies for high availability, scalability, and simple integration, Entersekt’s patented security products protect millions of devices and transactions daily, while complying with the world’s most stringent regulatory guidelines. Enterprises across the globe look to Entersekt to strengthen the bond of trust they share with their customers, and to build on those relationships by introducing compelling, user-friendly new mobile and online services.

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Data Security

GuidePoint Security Announces Portfolio of Data Security Governance Services

GuidePoint Security | January 30, 2024

GuidePoint Security, a cybersecurity solutions leader enabling organizations to make smarter decisions and minimize risk, today announced the availability of its Data Security Governance services, which are designed to help customers address the challenges of unstructured data and data sprawl through a proven process and program to meet their unique needs. GuidePoint’s Data Security Governance services consist of policies, standards, and processes leveraging the newest technologies to meet organizations’ data governance goals in both on-prem and cloud environments. Once the right strategy is determined with the customer, GuidePoint Security consultants will review program requirements, assess current policies and controls, perform gap analysis, design and develop/enhance the program, recommend and implement supporting technologies, and create operational processes and metrics. “Whether an organization is just beginning to build their data security governance program or needs help assessing and improving an existing program, our team and service capabilities are built to meet them at their current maturity level,” said Scott Griswold, Practice Director - Security Governance Services, GuidePoint Security. “We work side by side with the customer to conduct the necessary data discovery in their environment and provide tailored recommendations for solutions and processes to ultimately build/improve upon the data security governance program.” GuidePoint’s Data Security Governance Services include: Sensitive Data Cataloging: For organizations just getting started in the process of protecting their sensitive data, GuidePoint offers Data Identification workshops to identify sensitive data types in the environment, including trade secrets, intellectual property, and sensitive business communications. Data Security Governance Program Assessment: For organizations with existing Data Security Governance or Data Protection programs, GuidePoint Security experts will assess the program to identify policy non-compliance, gaps in data protection requirements—whether legal, regulatory, contractual, or business—and program maturity levels. Data Security Governance Program Strategy Development: The GuidePoint team will work with an organization's key stakeholders to design a program strategy aligned with relevant requirements. The outputs of this effort include delivering ongoing sensitive data discovery, automated classification and labeling, the application of required sensitive data protections, restrictions on where sensitive data can be stored and sent, and data retention policy enforcement. Merger and Acquisition Data Identification: This offering provides the ability to identify sensitive data within an M&A target or recent acquisition (including locations, amounts, and access rights) and then perform penetration testing on the storage repositories where that sensitive data exists to determine the risk of data compromise. About GuidePoint Security GuidePoint Security provides trusted cybersecurity expertise, solutions and services that help organizations make better decisions that minimize risk. Our experts act as your trusted advisor to understand your business and challenges, helping you through an evaluation of your cybersecurity posture and ecosystem to expose risks, optimize resources and implement best-fit solutions. GuidePoint’s unmatched expertise has enabled a third of Fortune 500 companies and more than half of the U.S. government cabinet-level agencies to improve their security posture and reduce risk. Learn more at www.guidepointsecurity.com.

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Software Security

Trellix and One Source Deliver Industry-Leading Managed Detection and Response Security Services

Trellix | January 22, 2024

Trellix, the cybersecurity company delivering the future of extended detection and response (XDR), today announced an expanded strategic partnership with One Source, a Managed Security Services Provider (MSSP) and technology delivery partner. Customers benefit from a Fortune 500 SOC capability built on the Trellix XDR Platform with AI-guided intelligence, enabling faster detection, investigation, and remediation. Trellix, the cybersecurity company delivering the future of extended detection and response (XDR), today announced an expanded strategic partnership with One Source, a Managed Security Services Provider (MSSP) and technology delivery partner. Customers benefit from a Fortune 500 SOC capability built on the Trellix XDR Platform with AI-guided intelligence, enabling faster detection, investigation, and remediation. “The partnership aligns with Trellix’s ongoing commitment to secure organizations from advanced cyber threats,” says Sean Morton, SVP of Professional Services at Trellix. “Leveraging One Source’s MDR capabilities and expanded footprint, we enable more businesses to build cyber resilience, with continued innovation in our combined products and solution offerings to stay ahead of bad actors.” One Source has multiple SOCs leveraging Trellix’s technology, staffed by the industry’s top experts to provide Managed Detection and Response (MDR) capabilities. Their team implements a proactive cyber strategy for customers specific to industry, technology environment, and vulnerabilities, built on the Trellix XDR Platform with 24x7 monitoring. The partnership and combined expertise benefits customers with enhanced services like managed threat detection and response, incident response, security operations and analytics, threat intelligence, threat hunting and forensics, and training and enablement. “The Trellix and One Source partnership is extremely powerful; the former offers an incredible set of security solutions, and the latter excels at personalized deployment and execution,” said Paul Moline, Chief Information Officer, Lindsay Automotive Group. “I never anticipated we could protect our environment with the same security solutions used by government agencies and Fortune 50 companies: I can now sleep at night.” The Trellix XDR Platform’s open architecture and broad set of native security controls across endpoint, email, network, cloud, and data security integrates with over 500 third-party tools to create multi-vector, multi-vendor event correlation and context to speed up investigations. The Trellix Advanced Research Center provides an additional layer of protection by continuously informing the platform with information from millions of global sensors on the latest threat vectors, tactics, and recommendations. One Source experts apply these insights to stay ahead of the constantly evolving threat landscape. “The collaboration with Trellix is a game-changer in reshaping the cybersecurity landscape,” says Eric Gressel, Executive Vice President of Sales, One Source. “Thanks to our partnership, we have access to the highest level of cyber intelligence to fend off newly-revealed hackers and their means of attack, enabling our customers with the most comprehensive offering of enhanced Managed Security Services to protect their businesses.” One Source has a proven track record supporting global businesses spanning retail, restaurant, automotive, healthcare, financial, and manufacturing industries. Trellix customers can rely on One Source's leading Managed Security Services to optimize technology expenses while enhancing telecom connectivity, IT infrastructure, and cybersecurity strategies. About Trellix Trellix is a global company redefining the future of cybersecurity and soulful work. The company’s open and native extended detection and response (XDR) platform helps organizations confronted by today’s most advanced threats gain confidence in the protection and resilience of their operations. Trellix, along with an extensive partner ecosystem, accelerates technology innovation through machine learning and automation to empower over 40,000 business and government customers with living security. More at https://trellix.com. About One Source One Source helps businesses simplify a complex technology world. One Source is the leading provider of Technology and Managed Security Services for enterprises. Today, One Source manages more than 2,500 customers, 45,000 business locations, and over one million assets throughout North America. In addition to Managed Security Services, One Source provides Managed Technology Expense Management, 24 / 7 local helpdesk, procures and provisions telecom & IT solutions, and manages customer service requests. One Source frequently generates triple-digit ROI for customers through contract negotiation, portfolio optimization, and ongoing expense management. In addition, One Source leverages partnerships with industry leaders, including Trellix to bring Fortune 500 security solutions and fully managed services to the mid-market. One Source's approach empowers businesses to focus on customers and revenue-generating activities. Learn more at https://www.onesource.net/.

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Platform Security

Stellar Cyber and Proofpoint Strategic Alliance to Deliver Comprehensive Email Security Solution For SecOps Teams

Stellar Cyber | January 23, 2024

Stellar Cyber, the innovator of Open XDR, announced a new partnership with Proofpoint, a leading cybersecurity and compliance company. Through this alliance, Proofpoint and Stellar Cyber customers benefit from an out-of-the-box integration enabling swift email investigations and real-time response actions to email-driven attacks. Proofpoint Targeted Attack Protection monitors emails to identify suspicious emails and potentially malicious attachments and URLs. Once identified, the findings are shared with Stellar Cyber automatically. Stellar Cyber’s Open XDR platform ingests, normalizes, and analyzes Proofpoint findings and other collected data to deliver a comprehensive threat picture. As security analysts conduct investigations, they can instruct integrated third-party products – including Proofpoint – on corrective actions. “Protecting organizations against email-borne attacks is a top priority, and security teams need a way to automatically correlate threat telemetry across the entire attack surface in order to quickly remediate threats,” said Andrew Homer, VP of Strategic Alliances, Stellar Cyber. “This new partnership with Proofpoint is the latest example of Stellar Cyber delivering on its Open XDR strategy to provide customers turn-key integrations that improve productivity and threat detection.” “Email attacks remain the number one entry point into an organization, and the level of sophistication of these attacks continues to grow exponentially,” said D.J. Long, Vice President, Strategic Alliances & Business Development, Proofpoint. “We’re thrilled to work with Stellar Cyber on this strategic alliance to help customers protect against advanced email-based threats and unify their cybersecurity defense.” Through this alliance, Stellar Cyber and Proofpoint give security teams an advantage over attackers, resulting in the following: Real-time threat signals exchanged for proactive detection Correlation of Proofpoint alerts across the entire attack surface Automated response actions for immediate threat containment About Stellar Cyber Stellar Cyber’s Open XDR Platform delivers comprehensive, unified security without complexity, empowering lean security teams of any skill level to secure their environments successfully. With Stellar Cyber, organizations reduce risk with early and precise identification and remediation of threats while slashing costs, retaining investments in existing tools, and improving analyst productivity, delivering an 8X improvement in MTTD and a 20X improvement in MTTR. The company is based in Silicon Valley.

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Data Security

GuidePoint Security Announces Portfolio of Data Security Governance Services

GuidePoint Security | January 30, 2024

GuidePoint Security, a cybersecurity solutions leader enabling organizations to make smarter decisions and minimize risk, today announced the availability of its Data Security Governance services, which are designed to help customers address the challenges of unstructured data and data sprawl through a proven process and program to meet their unique needs. GuidePoint’s Data Security Governance services consist of policies, standards, and processes leveraging the newest technologies to meet organizations’ data governance goals in both on-prem and cloud environments. Once the right strategy is determined with the customer, GuidePoint Security consultants will review program requirements, assess current policies and controls, perform gap analysis, design and develop/enhance the program, recommend and implement supporting technologies, and create operational processes and metrics. “Whether an organization is just beginning to build their data security governance program or needs help assessing and improving an existing program, our team and service capabilities are built to meet them at their current maturity level,” said Scott Griswold, Practice Director - Security Governance Services, GuidePoint Security. “We work side by side with the customer to conduct the necessary data discovery in their environment and provide tailored recommendations for solutions and processes to ultimately build/improve upon the data security governance program.” GuidePoint’s Data Security Governance Services include: Sensitive Data Cataloging: For organizations just getting started in the process of protecting their sensitive data, GuidePoint offers Data Identification workshops to identify sensitive data types in the environment, including trade secrets, intellectual property, and sensitive business communications. Data Security Governance Program Assessment: For organizations with existing Data Security Governance or Data Protection programs, GuidePoint Security experts will assess the program to identify policy non-compliance, gaps in data protection requirements—whether legal, regulatory, contractual, or business—and program maturity levels. Data Security Governance Program Strategy Development: The GuidePoint team will work with an organization's key stakeholders to design a program strategy aligned with relevant requirements. The outputs of this effort include delivering ongoing sensitive data discovery, automated classification and labeling, the application of required sensitive data protections, restrictions on where sensitive data can be stored and sent, and data retention policy enforcement. Merger and Acquisition Data Identification: This offering provides the ability to identify sensitive data within an M&A target or recent acquisition (including locations, amounts, and access rights) and then perform penetration testing on the storage repositories where that sensitive data exists to determine the risk of data compromise. About GuidePoint Security GuidePoint Security provides trusted cybersecurity expertise, solutions and services that help organizations make better decisions that minimize risk. Our experts act as your trusted advisor to understand your business and challenges, helping you through an evaluation of your cybersecurity posture and ecosystem to expose risks, optimize resources and implement best-fit solutions. GuidePoint’s unmatched expertise has enabled a third of Fortune 500 companies and more than half of the U.S. government cabinet-level agencies to improve their security posture and reduce risk. Learn more at www.guidepointsecurity.com.

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Software Security

Trellix and One Source Deliver Industry-Leading Managed Detection and Response Security Services

Trellix | January 22, 2024

Trellix, the cybersecurity company delivering the future of extended detection and response (XDR), today announced an expanded strategic partnership with One Source, a Managed Security Services Provider (MSSP) and technology delivery partner. Customers benefit from a Fortune 500 SOC capability built on the Trellix XDR Platform with AI-guided intelligence, enabling faster detection, investigation, and remediation. Trellix, the cybersecurity company delivering the future of extended detection and response (XDR), today announced an expanded strategic partnership with One Source, a Managed Security Services Provider (MSSP) and technology delivery partner. Customers benefit from a Fortune 500 SOC capability built on the Trellix XDR Platform with AI-guided intelligence, enabling faster detection, investigation, and remediation. “The partnership aligns with Trellix’s ongoing commitment to secure organizations from advanced cyber threats,” says Sean Morton, SVP of Professional Services at Trellix. “Leveraging One Source’s MDR capabilities and expanded footprint, we enable more businesses to build cyber resilience, with continued innovation in our combined products and solution offerings to stay ahead of bad actors.” One Source has multiple SOCs leveraging Trellix’s technology, staffed by the industry’s top experts to provide Managed Detection and Response (MDR) capabilities. Their team implements a proactive cyber strategy for customers specific to industry, technology environment, and vulnerabilities, built on the Trellix XDR Platform with 24x7 monitoring. The partnership and combined expertise benefits customers with enhanced services like managed threat detection and response, incident response, security operations and analytics, threat intelligence, threat hunting and forensics, and training and enablement. “The Trellix and One Source partnership is extremely powerful; the former offers an incredible set of security solutions, and the latter excels at personalized deployment and execution,” said Paul Moline, Chief Information Officer, Lindsay Automotive Group. “I never anticipated we could protect our environment with the same security solutions used by government agencies and Fortune 50 companies: I can now sleep at night.” The Trellix XDR Platform’s open architecture and broad set of native security controls across endpoint, email, network, cloud, and data security integrates with over 500 third-party tools to create multi-vector, multi-vendor event correlation and context to speed up investigations. The Trellix Advanced Research Center provides an additional layer of protection by continuously informing the platform with information from millions of global sensors on the latest threat vectors, tactics, and recommendations. One Source experts apply these insights to stay ahead of the constantly evolving threat landscape. “The collaboration with Trellix is a game-changer in reshaping the cybersecurity landscape,” says Eric Gressel, Executive Vice President of Sales, One Source. “Thanks to our partnership, we have access to the highest level of cyber intelligence to fend off newly-revealed hackers and their means of attack, enabling our customers with the most comprehensive offering of enhanced Managed Security Services to protect their businesses.” One Source has a proven track record supporting global businesses spanning retail, restaurant, automotive, healthcare, financial, and manufacturing industries. Trellix customers can rely on One Source's leading Managed Security Services to optimize technology expenses while enhancing telecom connectivity, IT infrastructure, and cybersecurity strategies. About Trellix Trellix is a global company redefining the future of cybersecurity and soulful work. The company’s open and native extended detection and response (XDR) platform helps organizations confronted by today’s most advanced threats gain confidence in the protection and resilience of their operations. Trellix, along with an extensive partner ecosystem, accelerates technology innovation through machine learning and automation to empower over 40,000 business and government customers with living security. More at https://trellix.com. About One Source One Source helps businesses simplify a complex technology world. One Source is the leading provider of Technology and Managed Security Services for enterprises. Today, One Source manages more than 2,500 customers, 45,000 business locations, and over one million assets throughout North America. In addition to Managed Security Services, One Source provides Managed Technology Expense Management, 24 / 7 local helpdesk, procures and provisions telecom & IT solutions, and manages customer service requests. One Source frequently generates triple-digit ROI for customers through contract negotiation, portfolio optimization, and ongoing expense management. In addition, One Source leverages partnerships with industry leaders, including Trellix to bring Fortune 500 security solutions and fully managed services to the mid-market. One Source's approach empowers businesses to focus on customers and revenue-generating activities. Learn more at https://www.onesource.net/.

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Platform Security

Stellar Cyber and Proofpoint Strategic Alliance to Deliver Comprehensive Email Security Solution For SecOps Teams

Stellar Cyber | January 23, 2024

Stellar Cyber, the innovator of Open XDR, announced a new partnership with Proofpoint, a leading cybersecurity and compliance company. Through this alliance, Proofpoint and Stellar Cyber customers benefit from an out-of-the-box integration enabling swift email investigations and real-time response actions to email-driven attacks. Proofpoint Targeted Attack Protection monitors emails to identify suspicious emails and potentially malicious attachments and URLs. Once identified, the findings are shared with Stellar Cyber automatically. Stellar Cyber’s Open XDR platform ingests, normalizes, and analyzes Proofpoint findings and other collected data to deliver a comprehensive threat picture. As security analysts conduct investigations, they can instruct integrated third-party products – including Proofpoint – on corrective actions. “Protecting organizations against email-borne attacks is a top priority, and security teams need a way to automatically correlate threat telemetry across the entire attack surface in order to quickly remediate threats,” said Andrew Homer, VP of Strategic Alliances, Stellar Cyber. “This new partnership with Proofpoint is the latest example of Stellar Cyber delivering on its Open XDR strategy to provide customers turn-key integrations that improve productivity and threat detection.” “Email attacks remain the number one entry point into an organization, and the level of sophistication of these attacks continues to grow exponentially,” said D.J. Long, Vice President, Strategic Alliances & Business Development, Proofpoint. “We’re thrilled to work with Stellar Cyber on this strategic alliance to help customers protect against advanced email-based threats and unify their cybersecurity defense.” Through this alliance, Stellar Cyber and Proofpoint give security teams an advantage over attackers, resulting in the following: Real-time threat signals exchanged for proactive detection Correlation of Proofpoint alerts across the entire attack surface Automated response actions for immediate threat containment About Stellar Cyber Stellar Cyber’s Open XDR Platform delivers comprehensive, unified security without complexity, empowering lean security teams of any skill level to secure their environments successfully. With Stellar Cyber, organizations reduce risk with early and precise identification and remediation of threats while slashing costs, retaining investments in existing tools, and improving analyst productivity, delivering an 8X improvement in MTTD and a 20X improvement in MTTR. The company is based in Silicon Valley.

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Events