How to Get Rid of Healthcare Cyber-attacks in 2022

Bineesh Mathew | November 12, 2021 | 22 views

The healthcare industry focuses on providing the best service to each patient leveraging the latest technology. Hospitals use the latest technologies to improve patient care and treatment. However, as they constantly commit themselves to the services, they get no time or opportunities to educate themselves about cyber threats.

This makes room for healthcare cyber-attacks to happen quickly. In addition, cyber threat actors and criminals are looking to exploit these vulnerabilities. Apart from breach of privacy and financial loss, healthcare cyber-attacks may put lives at risk due to patient data loss. Thus, due to the nature of the functionalities in the sector, cybersecurity in healthcare is at stake, making room for more necessary measures before it gets critical.


Healthcare Cyber-attacks

By the end of 2020, cyber-attacks in healthcare had increased by 45 percent, which is twice the size occurring in the other sectors. This is due to implementing the latest technologies to overcome the hurdles brought by the pandemic in the healthcare industry.


Reasons Why Attackers Target Hospitals

There are many reasons why cybercriminals target hospitals. Some of them can be:

  • Selling patient data gets the attackers a lot of money
  • Attackers can quickly enter into medical devices
  • Staff in hospitals are not well educated on cyber threats
  • Vulnerabilities increase as the number of devices used in hospitals are high
  • Most of the hospitals have outdated technologies that increase the vulnerabilities


Healthcare Cyberattacks across the U.S.

The total number of healthcare breaches in 2019 in the U.S. was 386, and in 2020, it was 599 resulting in an increase of 55.1%. However, breaches due to hacking and IT incidents stood at 67.3%.Healthcare cyber-attacks were the main reason for the theft of the personal information of patients. In 2020 alone, around 26 million patient records reached unauthorized hands. Out of this, 24.1 million incidents were due to healthcare cyber-attacks.

Ways to Getting Rid of Healthcare Cyber-attacks in 2022

We have learned how the healthcare sector is more prone to cyber-attacks and why criminals target hospitals more than other sectors. Understanding this, you have to take immediate and necessary actions to mitigate the cyber threats.

Outlined are the following actions and measures to reduce healthcare cyber-attacks.


Solid Healthcare Cybersecurity Policy

In the healthcare sector, all hospitals should have a solid cybersecurity policy. Healthcare data can be compromised anytime and anywhere. A solid healthcare cybersecurity policy with effective measures is worth a ton for healthcare organizations. Moreover, it can easily prevent healthcare cyber-attacks largely.

Your healthcare cybersecurity policy can include the measures such as a policy regarding password, two-factor authentication, testing, detection program, third party policy, cybersecurity awareness programs for employees, and much more.


Automation and Monitoring

Even in small hospitals, there are countless devices and endpoints. This makes it hard for employees to maintain the security level adequately. Thus, professionals suggest automation and monitoring tools with the latest technologies, including IoT, AI, and machine learning. These specialized tools will help the security teams detect the healthcare cybersecurity threat early and mitigate it quickly. Furthermore, potential security breaches can be isolated through this constant monitoring with the help of automation and monitoring tools.

"Cyber teams should be in a constant state of monitoring and proactively looking for issues within their network and systems and be quick to respond. System updates and patching are always critical and all cybersecurity programs should include a very detailed and robust security awareness program as nearly all cyberattacks are initially carried out through a single user's action,"

Dave Summittt, CISO of Moffitt Cancer Center in Tampa, Fla


Leverage Industry Best Cybersecurity Practices

In recent times, the healthcare industry has felt the blow for data theft and security breaches. This alarming fact points towards the need to strengthen cybersecurity in a healthcare organization. As part of strengthening cybersecurity and reducing healthcare cyber-attacks, the healthcare organization should leverage the industry's best cybersecurity practices.

The best cybersecurity practices advised by cyber security professionals are setting up a firewall, backing up data regularly, controlling electronic health information processes, following good computer habits, controlling network access, installing system anti-virus, and having a well-documented bring your device (BYOD). Practicing these aspects will make your organization free from many possible healthcare cyber-attacks.

Educate Employees

One of the main reasons for the increased number of healthcare cyber-attacks is that the staff is unaware of cyber threats. Therefore, it is high time for hospitals to educate their staff on cyber threats to get themselves away from risks.

All the staff must have a basic understanding of proper cybersecurity protocols. Hospitals should conduct phishing awareness training at work and teach their staff how to respond to dubious activities, such as suspicious e-mails, fraud, and phishing attacks. The access to hospital systems must be limited to credentialed staff members, only helping the hospital avoid unnecessary complications and breaches. The staff also should make sure the medical terminals are inactive when not in use.

Summing up

Cybercriminals find more opportunities to practice their unlawful activities in the healthcare industry than in any other industry. This is because the hospital employees are not aware of the security threats when they do their daily duties. Often, they do not have enough time to look into these masters as they do their best for their patients.

New technologies used in the healthcare sector to tackle the pandemic also challenge hospitals to maintain healthcare cybersecurity. The countless number of devices used in the hospitals is another reason for it. However, effective policies with adequate measures and educating the employees regarding the potential breaches will mitigate the breaches and safeguard the hospitals by reducing healthcare cyber-attacks.

Frequently Asked Questions


Why do cybercriminals target more on the healthcare industry than other industries?

One of the main reasons hospitals become the targets of malicious online activities is that the industry has many sensitive data, including patient data. Unfortunately, the healthcare industry usually does not have a solid system to prevent breaches.


What are the consequences of a healthcare data breach?

Healthcare data breaches affect the lives of patients. They are likely to mistrust the system and may withhold the information. Both financial and medical identity theft can happen in a healthcare data breach.

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Need for privileged Access Management (PAM) for Businesses

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“PAM is part of the journey, not the destination, so have a roadmap and make sure you communicate with your team and wider operation, which will allow for your overall security strategy to progress.” - Terence Jackson, Thycotic CISO and Privacy Officer. In a corporate context, "privileged access" refers to special access or capabilities that go beyond the scope of a standard user's profile. With the help of privileged access, businesses can protect their infrastructure and applications, operate more efficiently, and keep important data safe. Privileged access can include human and non-human users but does not necessarily represent a human user. For example, a human user’s privileged access can be domain administrative accounts, superuser accounts, and secure socket shell (SSH) keys. On the other hand, some examples of non-human privileged access are service accounts, application accounts, secrets, and SSH keys. In the last decade, there have been numerous security breaches involving privileged access. Among them are the following: The massive breach happened at the U.S. Office of Personnel Management Bangladesh bank breach The attack on the Ukrainian power grid Uber’s highly publicized breach All of these hacks used privileged credentials to plan, organize, and execute cyber-attacks. Privileged Access Management Privileged access management (PAM) is used by organizations to safeguard against the hazards caused by credential theft and misuse of privilege. PAM refers to a holistic cybersecurity approach that includes people, procedures, and technology for controlling, monitoring, securing, and auditing all human and non-human privileged identities. It also allows actions to be taken throughout an enterprise's information security environment. Privileged access management (PAM) works on the concept of least privilege, where the users have access to what is necessary to accomplish their jobs. The idea of least privilege is generally regarded as a recommended practice in cybersecurity and is a critical component of safeguarding privileged access to high-value data and assets. To cut down on their attack surface, companies may be able to reduce the risk of costly data breaches from hostile insiders or cyberattacks from outside the company. Key Challenges When it comes to protecting, controlling, and monitoring privileged access, organizations face numerous challenges. Some of them are as follows: Many IT organizations rely on manual-intensive, error-prone administrative processes to rotate and update privileged credentials. This can be a costly and inefficient approach. While centralized monitoring and controlling privileged sessions puts the business at risk for compliance violations and cybersecurity threats, enterprises also put the business at risk. Many businesses do not use threat analysis tools, so they cannot proactively remediate security incidents. 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Privileged Access Management (PAM) Regrettably, traditional cybersecurity is no longer a viable solution. It is complicated, difficult to manage, too costly, and time-consuming. As a result, businesses have to speed up their transition to simpler solutions that don't depend much on IT staff and have more secure, easy-to-use interfaces. Privileged access management is currently a priority for many CISOs to mitigate the risk of cyberattacks, empower their staff, and safeguard their enterprises from unwanted access. Read on to understand some of the critical reasons why you should shift from traditional cybersecurity to privileged access management (PAM). Quick Response When Privileged Accounts Are Hacked Many businesses are afraid to think about what can happen if an administrator account is compromised. However, it is still possible. All accounts can be hacked. A company can't always rely on administrators to take the proper steps, even if they should. A well-designed PAM (privileged access management) system will safeguard against privileged account attacks. Privileged accounts can be disabled swiftly to prevent further damage. The more quickly threats are addressed, the less damage is done to the system. Zero or Lower Chances of Insider Threats Malicious insiders can be a major threat to the organization. Once someone has accessed your system, your data may be readily compromised. With PAM, an insider's ability to harm your system is significantly restricted. They cannot install malware on machines and access documents and data that they are not authorized to view. Also, they will not be able to change the network settings. Improved Regulatory Compliance Regulations are either constantly changing or upgraded. Businesses must adhere to these standards to avoid substantial fines and penalties. PAM promotes regulatory compliance by giving administrators more power and employees less. Employees who don’t pay much attention may violate these restrictions. Either they are unaware, or they are not concerned. By not giving employees access to things they don't need, it's possible to reduce the chances of regulatory compliance issues. An organization is more likely to be in compliance if it uses privileged access management software and learns how to use it in real life. Lower Chances of Malware Risk Employees may install malware, even without recognizing it. For example, they may download anything from the web or accidentally click on a link in an email. They may also unknowingly permit a download or installation that they should not. Privileged access management prevents employees from making these types of catastrophic errors by restricting them from making such modifications. As a result, potential hazards are decreased, and the assault surface is lowered. Proactive PAM Program Protect Endpoints and Workstations Effectively In a business, every endpoint (laptop, smartphone, tablet, desktop, and server, for example) comes pre-configured with privileges. While built-in administrator accounts assist IT staff in resolving local problems, they also present a significant amount of risk. Attackers attack admin accounts and then go from one workstation to the other, hacking new credentials until they accomplish their objective. Workstations are less likely to be hacked if their local administrative privileges are taken over by a privileged access management program in the early stages. Summing Up Privileged access management (PAM) is a cybersecurity term that refers to the techniques and technologies used to control privileged access and rights in their accounts, processes, and systems in an IT environment. Privileged access management helps businesses reduce their attack surface and prevent data breaches. 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Article | March 31, 2022

Cybersecurity threats and vulnerabilities are prevalent in all types of businesses, from Fortune 500 companies to mom-and-pop shops. The basic fact is that there are far too many risks to counteract all of them adequately. According to Kaspersky Lab, a leading antivirus company, “The number of new malicious files processed by Kaspersky Lab’s in-lab detection technologies reached 360,000 a day in 2017.” This contributes to 250 new malware threats every minute. When it comes to cybersecurity threats and network vulnerabilities, malware is not the only thing to be worried about. Hackers can steal your data and sensitive information. Cybersecurity Threats and Vulnerabilities: The Difference To put it simply, vulnerabilities are weaknesses or flaws in a system or network that could be exploited to bring harm or allow an attacker to manipulate the system in some way. This differs from a cyber-threat. Computer system vulnerabilities are the weaknesses and flaws present in the system, unlike a cyber threat. Cybercriminals will also use these flaws in their attacks, but they aren't usually the result of a deliberate plan. I short, vulnerabilities lead to cybersecurity threats. How a computer cybersecurity vulnerability is exploited is determined by the nature of the exposure and the attacker's motivations. For example, these problems could be caused by software programs that don't work well together, system parts that don't work well together, or flaws in a single application. Top Cybersecurity Threats and Vulnerabilities of the Year Internet of Thing Devices The Internet of Things (IoT) includes many smart devices, such as Wi-Fi-equipped refrigerators, printers, factory robots, coffee makers, and countless other appliances. The challenge with these devices is that attackers can use them to create slaved networks of compromised devices to carry out additional attacks. Worse yet, many firms are unaware of how many IoT devices they have on their networks. This means they are unaware of the risks and possible threats they are exposed to, as well as the vulnerabilities to information security. These unknown devices provide countless opportunities for attackers and increase the vulnerability risk in cybersecurity for corporations. To reduce the network security threats and vulnerabilities of IoT devices, a security audit should be conducted that identifies the diverse assets of the network and the operating systems they use. In this manner, the company's cybersecurity plan can effectively account for these IoT devices. In addition, audits like these should be done regularly to account for any new devices added to the network over time. Phishing Attacks or Social Engineering In a phishing attack, the attacker tries to persuade an employee of the targeted organization to divulge important information and account credentials by prompting them to download malware. The most common attack is through identical emails from one of your company's vendors or someone from a higher level. One such example of a phishing email is: "This is Mark from IT. Your user account has shown unusual behavior. Please click this link to reset and secure your password." When you click the link in the email, it directs users to a website that downloads malware and compromises their machine. Other phishing scams may try to get people to handover their user account credentials to the attacker to resolve a problem. Malware New malware is generated regularly. The figure of 360,000 new malware files every day may appear alarming. Many of these new malware files are simply rehashes of earlier malware programs that have been tweaked just enough to make them unidentifiable to antivirus software. However, numerous new types of malware have been developed over time, such as ransomware, trojans, and worms, each uniquely affecting the target's systems. Security Vulnerabilities That Are Unpatched As new sophisticated threats are produced regularly, companies have to find sophisticated ways to tackle them perfectly. Malware is looking to exploit the same cybersecurity threats and vulnerabilities repeatedly. Failing to patch those cybersecurity vulnerabilities, once they're discovered, it can be dangerous for companies. It's all too usual for a company—or even individual users on a network—to ignore the ‘update available’ warnings that appear in some programs because they don't want to waste the 5-10 minutes to perform the update. These updates can save a company a lot of time and money and save from threats. Thus, it is good for companies to update programs regularly. Backdoor Programs that Are Hidden This is an example of a computer cybersecurity vulnerability that was purposefully engineered. Usually, a backdoor is a piece of software or code that is installed by the manufacturer of computer parts, software, or entire machines. This allows the manufacturer to access a computer remotely for diagnostic, configuration, or technical support purposes. A hidden backdoor program installs a backdoor into a computer without the knowledge of the user. Secret backdoors are a significant software flaw because it is easy to gain unauthorized access and affect the computer system and the networks to which it is connected. Employees The employees working for an organization are considered to be cybersecurity vulnerabilities. Most data breaches can be traced back to an employee due to intentional mistake or an accident. Employees, for example, may take advantage of their access credentials for personal gain. Alternatively, an employee could click on the wrong link in an email, download the wrong file from a website, or give the wrong person their user account credentials, giving attackers simple access to your systems. Using a least privilege policy, for example, prevents users from having too much data at once, making it difficult for them to steal data. Another benefit of cybersecurity awareness training is that it helps employees recognize phishing and other social engineering-style attacks and not fall for them. Software or Programming Interfaces With Unknown Security Flaws Computer software is complicated to comprehend. The complexity of a system grows exponentially as two or more programs interact with one another. The problem is that there may be programming flaws and conflicts inside a single piece of software, resulting in cybersecurity threats and vulnerabilities. When two applications are linked together, the chance of disputes that result in software flaws increases. Programming errors and unexpected code interactions are the most frequent cybersecurity vulnerabilities. Cybercriminals constantly seek new ways to exploit them. Unfortunately, forecasting the emergence of these threats and vulnerabilities to information security is not possible because of the infinite number of software combinations that can exist on a single computer, let alone an entire network. 3 Ways to Find and Prevent Cybersecurity Threats and Vulnerabilities Identifying vulnerabilities in cybersecurity before an attacker can exploit is one of the essential steps in preventing a security breach. Many firms, however, does not have the tools and expertise to identify network security threats and vulnerabilities. Here are some ways to find threats and vulnerabilities in information security: Audit Your Network Assets Penetration Testing Create a Threat Intelligence Framework Summing Up Cybersecurity threats and vulnerabilities have become too sophisticated as our dependency on digital technologies grows. It is because of this companies that use outdated cybersecurity techniques are at a risk of being hacked. Organizations must improve their cybersecurity program to avoid risks. An effective cybersecurity program can assist firms in preventing attacks, reducing recovery time, and containing future risks. Frequently Asked Questions What do you mean by cyber threats and vulnerability? Vulnerabilities are gaps in a system that allow threats to occur and let threat actors take advantage of the data. It is called a threat when the chance of an attack is multiplied by the possible loss. What are some of the vulnerabilities in cybersecurity? Network vulnerabilities, operating system vulnerabilities, human vulnerabilities, and process vulnerabilities are some of the vulnerabilities in cybersecurity. What is the difference between vulnerability and threat? A threat is a process that increases the possibility of an adverse event, such as a vulnerability being exploited. On the other hand, exposure is a flaw in your infrastructure, networks, or apps that could expose you to threats.

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tuniu.com

Way cattle travel, founded in October 2006, targeting mass tourism, in order to "make travel easier" for the mission. Tuniu comprehensive product, price transparency, 24 hours a day 365 400 Telephone reservations and offers a wealth of follow-up services and security. At the same time, based on the way cattle attractions catalog the world's leading Chinese and Chinese tourism community, can help travelers understand the destination information, the development of travel plans. May 9, 2014, way cattle travel landing NASDAQ, officially listed on the stock code "TOUR", the US stock market to become the first team to focus on China's online leisure travel companies.

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DATA SECURITY

Veza, the Data Security Platform Built on the Power of Authorization, Announces Blackstone as a Customer and Strategic Series C Investor

Veza | June 27, 2022

Veza, the data security platform built on the power of authorization, announced an investment in their Series C funding round from Blackstone Innovations Investments, along with participation from previous investors. To date, Veza has raised a total of $110 million from top-tier investors including Accel, Bain Capital, Ballistic Ventures, GV, Norwest Venture Partners, True Ventures, and others. Blackstone has also selected Veza to help modernize its data security and access governance. Veza empowers organizations to address today’s greatest cybersecurity challenge: who can and should take what action on what data. As the world increasingly moves online, our changing behaviors are driving a transformational shift toward multi-cloud data systems, apps, computing, and infrastructure. This shift creates a complex, distributed web of human identities, accounts, apps, services, and access points that are constantly changing and susceptible to vulnerabilities. To address this, Veza takes a comprehensive approach that pulls together authorization data from disparate systems, giving customers a single source of truth to manage data access and controls. “Having a world-class cybersecurity program that protects our brand, reputation, investors and intellectual property is of paramount importance to our firm, and we are continuing to incorporate innovative technology solutions,” says Adam Fletcher, Chief Security Officer at Blackstone. “Our team is always looking for ways to develop a more comprehensive view of access across all of our applications and cloud infrastructure to allow us to modernize the firm’s access controls. We are excited to partner with Veza to help us accomplish this.” “Blackstone Innovations Investments is committed to investing in cutting-edge technology companies that we believe will have a meaningful impact on Blackstone, our portfolio companies, and the broader industry. We look forward to working with Veza and their impressive leadership team as they enter this next phase of growth,” comments Stevi Petrelli, Head of Blackstone Innovations Investments. “Institutions across multiple industries view Blackstone as an example of exceptional technology deployment and cybersecurity expertise. “Veza has greatly benefited from Blackstone’s product feedback and market insights. We are thrilled to work with Blackstone’s Security team to further modernize data security for their hybrid and multi-cloud environment.” Tarun Thakur, CEO and Co-Founder of Veza Additional investment in Veza comes from notable entrepreneurs including Dheeraj Pandey, Co-founder & CEO, DevRev and former CEO, Nutanix, and Lars Dalgaard, Founder Luv Ventures, Founder & Former CEO, SuccessFactors. “Authorization is the source of truth when it comes to understanding who has access to what,” says Dheeraj Pandey, Co-Founder and CEO of DevRev. “Understanding authorization at scale is one of the hardest problems to address and I am excited to watch team Veza bring on a new era of identity, rooted in authorization. Veza is defining authorization as a standard for protecting data against ransomware and other forms of data breach.” “Entrepreneurs will tell you that company building is one of the hardest, yet rewarding experiences, with real potential to make an impact,” says Lars Dalgaard, Founder Luv Ventures, Founder & Former CEO SuccessFactors. “When evaluating any company, I look for deep technical breakthrough for a massive market opportunity, deal composition and company traction, and passion amongst founders. And, I’m very excited to be partnering with Tarun and Veza on the mission to build an iconic company that will revolutionize the data security industry for decades to come.” About Veza Veza is the data security platform built on the power of authorization. Our platform is purpose-built for hybrid multi-cloud environments to help you use and share your data safely. Veza makes it easy to understand, manage, and control who can and should take what action on what data. We organize authorization metadata across identity providers, data systems, cloud service providers, and applications — all to address the toughest data security challenges of the modern era. Founded in 2020, the company is funded by top-tier investors including Accel, Bain Capital, Ballistic Ventures, Blackstone, GV, Norwest Venture Partners, and True Ventures. To learn more, please visit us at veza.com. Many Fortune 500, Fortune 1000 and smaller organizations use its data security platform for protection against ransomware, modernizing access governance for critical data and apps, and implementing data lake security for Snowflake and other solutions.

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DATA SECURITY

Cyware Achieves SOC 2 Type 2 Compliance for Data Security

Cyware | June 24, 2022

Cyware, the industry's leading provider of the technology platform for building Cyber Fusion Centers for businesses and threat intelligence sharing for ISACs and ISAOs, announces the successful completion of the System and Organization Controls (SOC) 2 Type 2 Audit for the trust services criteria relevant to Security ("applicable trust services criteria") set forth in TSP section 100, Trust Services Criteria for Security, Availability, Processing Integrity, Confidentiality, and Integrity, Confidentiality, and Integrity, Confident (AICPA, Trust Services Criteria). The result demonstrates the company's dedication to the highest levels of data protection. The American Institute of Certified Public Accountants (AICPA) developed SOC 2 as a reporting framework that establishes guidelines for Software-as-a-Service (SaaS) enterprises that manage customer and user data. The accreditation confirms that the organization's internal systems and controls are in ongoing conformity with the SOC 2 audit criteria. Schellman & Company, a worldwide-recognized attestation and compliance services provider, performed the audit for Cyware. “Commitment to the highest levels of data security has always been one of our foremost business priorities. The SOC 2 Type 2 certification process is not easy to achieve but our team was fully committed and prepared to ensure we check all the required boxes. The new milestone will further strengthen the confidence of our current and future customers in our robust compliance with industry benchmark data security standards including SOC 2 (Type 1 and Type 2) and ISO/IEC 27001:2013.” Anuj Goel, CEO, Cyware Cyware unifies previously compartmentalized security operations, allowing firms to more efficiently automate and exchange threat data, as well as cooperate on threat response inside their security divisions and with other enterprises within their network.

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DATA SECURITY

Cyble Launches Dedicated Managed Security Service Provider (MSSP) Program to Empower Industry-leading MSSPs

Cyble | June 16, 2022

Cyble, the Y Combinator-backed leader in AI-powered global cyber threat intelligence, is proud to announce its latest threat intelligence platform for the Managed Security Service Providers (MSSPs). Through the new program, Cyber MSSP partners can benefit from a comprehensive dashboard comprising advanced threat intelligence and cybercrime monitoring and mitigation. It will be instrumental in enabling both customers and partners to work in tandem towards achieving their cybersecurity goals. The platform is designed to empower Cyble’s MSSP partners with an enhanced control to provide, configure, and monitor all services provided by Cyble Vision as a software suite to its end customers. This new update brings in features such as a multi-admin management console, seamless access to the user hierarchy dashboard for the easy understating of customer distribution and ownerships, centralized dashboards and consoles for access, and the ability to manage and maintain end-user dashboards from their own accounts. Additionally, it also enables tracking of all customer alerts, thereby fostering early intervention and safeguarding customer assets & interests. Manish Chachada, COO and Co-founder of Cyble, said, “The launch of our MSSP program is a key development in Cyble’s journey. It will enable our partners to extend Cyble’s Threat Intelligence, Digital Risk Protection Services, and Darkweb and Cybercrime Monitoring capabilities to customers worldwide, ensuring seamless integration with their environment. We are completely committed to the needs of our clients and partners, and the ability of our MSSP program to provide users with a single intuitive dashboard for AI-enabled threat management, advanced threat hunting, and mitigation response has been a key differentiating factor against competitors.” “Strategic partnership is a critical necessity for organizations due to the unprecedented need to quickly and efficiently address takedowns, incident response, 3rd party risk scoring, and monitoring emerging risks etc. The MSSP program will pave way for cost savings with ROI and access to increased visibility, operational efficiencies, control, and actionable intelligence for our partners' clients.” Mandar Patil, Vice President International Market and Customer Success at Cyble The MSSP platform comes with upgraded threat detection abilities backed by AI-based innovation, unlimited scalability, open platform with the capability to integrate effectively, and is governed by the GDPR privacy mandates. The news closely follows Cyble’s recent announcement on being the winner in 8 categories of the prestigious 10th Annual Global InfoSec Awards by the elite Cyber Defense Magazine (CDM), the industry’s leading electronic information security magazine. “We are incredibly excited to release this core module to a broader partner base and can’t wait to help a larger enterprise community. This is an outcome of having worked tirelessly to design a solution that enhances the threat detection and proactive mitigation capabilities of our clients. MSSP partners look for nothing more than comprehensive, easy-to-navigate, secure solutions that provide the best-in-class threat intelligence and digital risk protection. Our solution does just that! Our excitement knows no bounds as we look forward to strengthening our existing strategic MSSP partnerships besides onboarding new partners worldwide,” said Beenu Arora, CEO, and Co-founder of Cyble. About Cyble Cyble is a global threat intelligence SaaS provider that helps enterprises protect themselves from cybercrimes and exposure on the Surface web, Deepweb, and Darkweb. Its prime focus is to provide organizations with real-time visibility into their digital risk footprint. Backed by Blackbird Ventures, Xoogler, and Y Combinator as part of the 2021 winter cohort, Cyble has also been recognized by Forbes as one of the top 20 Best Cybersecurity Start-ups, along with several other industry recognitions. Headquartered in Georgia, United States, and with offices in Dubai, Australia, Singapore, and India, Cyble has a global presence.

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DATA SECURITY

Veza, the Data Security Platform Built on the Power of Authorization, Announces Blackstone as a Customer and Strategic Series C Investor

Veza | June 27, 2022

Veza, the data security platform built on the power of authorization, announced an investment in their Series C funding round from Blackstone Innovations Investments, along with participation from previous investors. To date, Veza has raised a total of $110 million from top-tier investors including Accel, Bain Capital, Ballistic Ventures, GV, Norwest Venture Partners, True Ventures, and others. Blackstone has also selected Veza to help modernize its data security and access governance. Veza empowers organizations to address today’s greatest cybersecurity challenge: who can and should take what action on what data. As the world increasingly moves online, our changing behaviors are driving a transformational shift toward multi-cloud data systems, apps, computing, and infrastructure. This shift creates a complex, distributed web of human identities, accounts, apps, services, and access points that are constantly changing and susceptible to vulnerabilities. To address this, Veza takes a comprehensive approach that pulls together authorization data from disparate systems, giving customers a single source of truth to manage data access and controls. “Having a world-class cybersecurity program that protects our brand, reputation, investors and intellectual property is of paramount importance to our firm, and we are continuing to incorporate innovative technology solutions,” says Adam Fletcher, Chief Security Officer at Blackstone. “Our team is always looking for ways to develop a more comprehensive view of access across all of our applications and cloud infrastructure to allow us to modernize the firm’s access controls. We are excited to partner with Veza to help us accomplish this.” “Blackstone Innovations Investments is committed to investing in cutting-edge technology companies that we believe will have a meaningful impact on Blackstone, our portfolio companies, and the broader industry. We look forward to working with Veza and their impressive leadership team as they enter this next phase of growth,” comments Stevi Petrelli, Head of Blackstone Innovations Investments. “Institutions across multiple industries view Blackstone as an example of exceptional technology deployment and cybersecurity expertise. “Veza has greatly benefited from Blackstone’s product feedback and market insights. We are thrilled to work with Blackstone’s Security team to further modernize data security for their hybrid and multi-cloud environment.” Tarun Thakur, CEO and Co-Founder of Veza Additional investment in Veza comes from notable entrepreneurs including Dheeraj Pandey, Co-founder & CEO, DevRev and former CEO, Nutanix, and Lars Dalgaard, Founder Luv Ventures, Founder & Former CEO, SuccessFactors. “Authorization is the source of truth when it comes to understanding who has access to what,” says Dheeraj Pandey, Co-Founder and CEO of DevRev. “Understanding authorization at scale is one of the hardest problems to address and I am excited to watch team Veza bring on a new era of identity, rooted in authorization. Veza is defining authorization as a standard for protecting data against ransomware and other forms of data breach.” “Entrepreneurs will tell you that company building is one of the hardest, yet rewarding experiences, with real potential to make an impact,” says Lars Dalgaard, Founder Luv Ventures, Founder & Former CEO SuccessFactors. “When evaluating any company, I look for deep technical breakthrough for a massive market opportunity, deal composition and company traction, and passion amongst founders. And, I’m very excited to be partnering with Tarun and Veza on the mission to build an iconic company that will revolutionize the data security industry for decades to come.” About Veza Veza is the data security platform built on the power of authorization. Our platform is purpose-built for hybrid multi-cloud environments to help you use and share your data safely. Veza makes it easy to understand, manage, and control who can and should take what action on what data. We organize authorization metadata across identity providers, data systems, cloud service providers, and applications — all to address the toughest data security challenges of the modern era. Founded in 2020, the company is funded by top-tier investors including Accel, Bain Capital, Ballistic Ventures, Blackstone, GV, Norwest Venture Partners, and True Ventures. To learn more, please visit us at veza.com. Many Fortune 500, Fortune 1000 and smaller organizations use its data security platform for protection against ransomware, modernizing access governance for critical data and apps, and implementing data lake security for Snowflake and other solutions.

Read More

DATA SECURITY

Cyware Achieves SOC 2 Type 2 Compliance for Data Security

Cyware | June 24, 2022

Cyware, the industry's leading provider of the technology platform for building Cyber Fusion Centers for businesses and threat intelligence sharing for ISACs and ISAOs, announces the successful completion of the System and Organization Controls (SOC) 2 Type 2 Audit for the trust services criteria relevant to Security ("applicable trust services criteria") set forth in TSP section 100, Trust Services Criteria for Security, Availability, Processing Integrity, Confidentiality, and Integrity, Confidentiality, and Integrity, Confident (AICPA, Trust Services Criteria). The result demonstrates the company's dedication to the highest levels of data protection. The American Institute of Certified Public Accountants (AICPA) developed SOC 2 as a reporting framework that establishes guidelines for Software-as-a-Service (SaaS) enterprises that manage customer and user data. The accreditation confirms that the organization's internal systems and controls are in ongoing conformity with the SOC 2 audit criteria. Schellman & Company, a worldwide-recognized attestation and compliance services provider, performed the audit for Cyware. “Commitment to the highest levels of data security has always been one of our foremost business priorities. The SOC 2 Type 2 certification process is not easy to achieve but our team was fully committed and prepared to ensure we check all the required boxes. The new milestone will further strengthen the confidence of our current and future customers in our robust compliance with industry benchmark data security standards including SOC 2 (Type 1 and Type 2) and ISO/IEC 27001:2013.” Anuj Goel, CEO, Cyware Cyware unifies previously compartmentalized security operations, allowing firms to more efficiently automate and exchange threat data, as well as cooperate on threat response inside their security divisions and with other enterprises within their network.

Read More

DATA SECURITY

Cyble Launches Dedicated Managed Security Service Provider (MSSP) Program to Empower Industry-leading MSSPs

Cyble | June 16, 2022

Cyble, the Y Combinator-backed leader in AI-powered global cyber threat intelligence, is proud to announce its latest threat intelligence platform for the Managed Security Service Providers (MSSPs). Through the new program, Cyber MSSP partners can benefit from a comprehensive dashboard comprising advanced threat intelligence and cybercrime monitoring and mitigation. It will be instrumental in enabling both customers and partners to work in tandem towards achieving their cybersecurity goals. The platform is designed to empower Cyble’s MSSP partners with an enhanced control to provide, configure, and monitor all services provided by Cyble Vision as a software suite to its end customers. This new update brings in features such as a multi-admin management console, seamless access to the user hierarchy dashboard for the easy understating of customer distribution and ownerships, centralized dashboards and consoles for access, and the ability to manage and maintain end-user dashboards from their own accounts. Additionally, it also enables tracking of all customer alerts, thereby fostering early intervention and safeguarding customer assets & interests. Manish Chachada, COO and Co-founder of Cyble, said, “The launch of our MSSP program is a key development in Cyble’s journey. It will enable our partners to extend Cyble’s Threat Intelligence, Digital Risk Protection Services, and Darkweb and Cybercrime Monitoring capabilities to customers worldwide, ensuring seamless integration with their environment. We are completely committed to the needs of our clients and partners, and the ability of our MSSP program to provide users with a single intuitive dashboard for AI-enabled threat management, advanced threat hunting, and mitigation response has been a key differentiating factor against competitors.” “Strategic partnership is a critical necessity for organizations due to the unprecedented need to quickly and efficiently address takedowns, incident response, 3rd party risk scoring, and monitoring emerging risks etc. The MSSP program will pave way for cost savings with ROI and access to increased visibility, operational efficiencies, control, and actionable intelligence for our partners' clients.” Mandar Patil, Vice President International Market and Customer Success at Cyble The MSSP platform comes with upgraded threat detection abilities backed by AI-based innovation, unlimited scalability, open platform with the capability to integrate effectively, and is governed by the GDPR privacy mandates. The news closely follows Cyble’s recent announcement on being the winner in 8 categories of the prestigious 10th Annual Global InfoSec Awards by the elite Cyber Defense Magazine (CDM), the industry’s leading electronic information security magazine. “We are incredibly excited to release this core module to a broader partner base and can’t wait to help a larger enterprise community. This is an outcome of having worked tirelessly to design a solution that enhances the threat detection and proactive mitigation capabilities of our clients. MSSP partners look for nothing more than comprehensive, easy-to-navigate, secure solutions that provide the best-in-class threat intelligence and digital risk protection. Our solution does just that! Our excitement knows no bounds as we look forward to strengthening our existing strategic MSSP partnerships besides onboarding new partners worldwide,” said Beenu Arora, CEO, and Co-founder of Cyble. About Cyble Cyble is a global threat intelligence SaaS provider that helps enterprises protect themselves from cybercrimes and exposure on the Surface web, Deepweb, and Darkweb. Its prime focus is to provide organizations with real-time visibility into their digital risk footprint. Backed by Blackbird Ventures, Xoogler, and Y Combinator as part of the 2021 winter cohort, Cyble has also been recognized by Forbes as one of the top 20 Best Cybersecurity Start-ups, along with several other industry recognitions. Headquartered in Georgia, United States, and with offices in Dubai, Australia, Singapore, and India, Cyble has a global presence.

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