PLATFORM SECURITY

IoT Security Best Practices to Confront Security Challenges

Bineesh Mathew | April 13, 2022 | 16 views

IoT Security
The demand for IoT devices is increasing. According to Statista, the estimated global IoT spending will be $1.1 trillion approximately. So, it is evident that there will be a surge in IoT devices in businesses. However, the fact is that these devices come with a lot of IoT security issues that affect the overall business process.

Some of the security challenges of IoT are:

  • Insecure interfaces
  • IoT malware and ransomware
  • Gap in IoT skills
  • Insufficient testing and updating
  • Brute-forcing and the issue of default passwords
  • Highjacking IoT devices
  • Home Invasions

Indeed, the dangers of IoT security are here to stay. However, you can take steps to protect your users from these threats by using best practices on your IoT device.

  • Compared to 15.8 billion in 2021, the size of the IoT security market is projected to grow to 18.6 billion in 2022.
  • The market is predicted to nearly double in size by 2025, making it a smart bet to invest in IoT security now.


IoT Security Challenges for New Age Businesses

The Internet of Things has introduced new ways to interact with the internet. IoT is no longer restricted to personal use, machines use it too, with the help of human help or by following the directions.

The internet allows devices to communicate with one another. A thermostat, for example, receives information about the room temperature and adjusts it accordingly. Likewise, lights switch on and off automatically, and sensors denote the time of day and the amount of light outside. All of this is accomplished through constant internet communication.

People are excited about IoT, which is why they’re willing to use it even before it is ready and before the devices comply with the safety regulations.

IoT technology is still in its early stages. Therefore, makers and consumers must overcome numerous IoT security obstacles. These obstacles are primarily caused by:

  • Inadequate user knowledge
  • Inconsistent production standards
  • Inadequate upkeep and upgrades

IoT security concerns and vulnerabilities can be presented in broad categories. Some of the most significant IoT security challenges are:

  • Hijacking of IoT devices and ransomware
  • Insufficient testing and lack of updates
  • IoT-driven financial crime
  • Rogue and counterfeit IoT devices
  • Lack of user awareness regarding the Internet of Things security


IoT Security Solutions for New Age Businesses


Update your IoT Devices Regularly

Automatic updates must be in place to check for official updates by the device maker. This installs security patches on your device(s), preventing hackers from infiltrating them in novel ways.

There are two ways to regularly update IoT devices for businesses regularly.

  • Physical Update
This is the traditional way of physically accessing the system or device and updating it. This can be as simple as connecting the IoT device to a computer and updating it.

  • Remote/OTA (Over-The-Air) Update
Numerous devices make it difficult to update every device through a physical update. OTA updates are used to update IoT devices remotely. Again, wireless communication mediums can carry this out with reduced human assistance.

Change your Passwords Regularly and Make them Strong

Changing passwords on various accounts, laptops, and mobile devices frequently has been the norm for a long time now. However, while changing passwords is a standard practice, IoT users often ignore it.

Changing the passwords on a regular basis reduces the likelihood of getting hacked. There is a chance that the manufacturers have the same password for all the IoT devices they produce. So, it is advised to change password as soon as it is installed. Strong passwords improve the security of IoT devices.

Use IoT Data Encryption to Prevent Data Breaches

If you're serious about safeguarding users' privacy and preventing data breaches, you must encrypt data between IoT devices at rest and in transit. This is a critical step in protecting users, whether you use symmetric or asymmetric keys.

There are many essential elements to implementing data encryption, such as:

  • Collaborative strategy
  • Data classification
  • Protect decryption keys
  • Control and limit access
  • Use of SSL decryption technology


Test and Update the IoT Hardware Regularly

To ensure IoT hardware security, set up a robust testing infrastructure. This includes thoroughly testing the IoT device's range, capacity, and latency. In addition, chip manufacturers for IoT devices must strengthen processors for increased IoT security and lower power consumption without making them too expensive for users or too impractical to use in current IoT devices. Many IoT devices available on the market today are indeed cheap and disposable, but they have very little power.

In addition, IoT device manufacturers must make sure that any third-party parts and modules they use in their IoT devices work correctly with their IoT applications.


Avoid Rush Launch of IoT Devices

Manufacturers of IoT devices are frequently rushing to introduce their products to the market at the lowest prices to stay ahead of the competition. Most manufacturers don't pay enough attention to IoT security updates and patches. Unfortunately, in the long run, this poses a severe threat to the security of their IoT devices. So, IoT device manufacturers should not release their products until they have thought about keeping their devices and apps safe in the long run.

The future IoT Security

Industry experts are researching the security problems associated with the Internet of Things. This aproach is expected to bring more possibilities of IoT devices in businesses, solving many security issues.

By 2023, more and more businesses will see the scope of the IoT, with business investment accounting for more than half of all IoT spending. This means that manufacturers will need to double down on their IoT security efforts to meet corporate expectations.

Ordinary users will also have to learn about and stay updated on IoT security changes and their significance.

This, like other advancements, begins with concerted efforts at a higher level. Among other things, the U.S. Congress sponsored a cybersecurity bill in March 2019. This bill would ensure that IoT devices bought by the government have at least basic security features.

Summing Up

On a meticulous evaluation, one can say that the bigger the IoT world gets, the more critical it becomes to prioritize IoT data privacy and security.

Unfortunately, cyber-attacks and rogue devices are here to stay, and with time, they will get smarter. Therefore, you have to keep up-to-date on the latest attacks and ensure that you continue to focus on opting for the most acceptable security and privacy features possible. This protects you from data breaches and increases customer confidence and trust in your product.


Frequently Asked Questions


Why is IoT security a necessity for businesses?

For IoT gadgets to function properly, they require secure hardware, software, and internet connectivity. Unfortunately, any connected equipment can be hacked if IoT security is not in place. Once they gain control, hackers can take control over the object's functioning and steal the user's digital data.

What are some of the security issues in IoT?

A lot of security issues include not having access control, overly large attack surface, outdated software, lack of encryption, application vulnerabilities, lack of trusted execution environment, vendor security posture, and insufficient privacy protection.

Are IoT devices safe?

While most IT systems can patch security problems through frequent updates, most IoT devices cannot. Security flaws remain unnoticed and unattended for an indefinite period. IoT devices that have an exceptionally extended shelf life will stop working if the manufacturer stops supporting them.

Spotlight

N-Stalker

N-Stalker is a leader on Web Application Security Assessment technology. It currently develops and maintains N-Stalker Web Application Security Scanner suite, a software product aimed on scanning and finding security vulnerabilities in Web Applications.

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Top Cybersecurity Threats and Vulnerabilities to Keep an Eye On

Article | March 31, 2022

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Ways to Prevent Top Social Engineering Techniques

Article | March 30, 2022

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In addition, they often use logos, photos, or writing styles to make it look like the communication came from a colleague, the victim's bank, or other legitimate source. Most phishing communications use a feeling of urgency to convince the victim that there would be severe repercussions if they did not immediately hand over critical information. Prevention Tips for Phishing Know what a phishing scam looks like Don’t click on strange links Get free anti-phishing add-ons Never give your information to an unsecured site Change passwords regularly Install firewalls Baiting Baiting attacks usually involve luring the victim by generating curiosity or offering a hard-to-refuse deal. For example, social engineers may send an email with an attachment or a free download/sample link that promises lucrative deals. This would install malware on the recipients' systems when clicked. Social engineers who access the location may also put USB devices on an employee's workstation to trigger curiosity. When the employee inserts the USB drive onto their computer to inspect its contents, malware is installed on their PCs. Social engineers may use the malware to control and access data once the malware gets installed on the computer. Preventive Measures for Baiting Companies should teach employees to recognize if an offer seems too good to be true. Encourage employees to ask questions (if in doubt) before sharing any personal information. Ensure all employees in the organization use antimalware and antivirus software on their systems. Set up network security measures to stop incidents even before they happen Pretexting Although more focused, pretexting social engineering attacks are similar to phishing attempts. The social engineer constructs a fictional setting by impersonating an authoritative, well-known, or trustworthy person. The social engineer wants to gain confidence by pretending to be genuine and persuades the victim to share information. Once the social engineer gets the information they want, they may execute further deception. For example, acting as if a customer needs urgent account information. How to Prevent Pretexting Teach employees the business rules and security best practices Make sure employees always check with management before disclosing sensitive information Have a clear-cut policy to handle suspected attacks Avoid clicking on unknown links shared via emails or other sources Spear Phishing Spear phishing is a more advanced kind of social engineering in which communications are more targeted, well-written, and addressed to a single individual or group of people. Criminals personalize and modify emails for their intended recipients. The subject lines are unique and will include relevant themes for the receivers. It's no surprise that spear-phishing emails are responsible for 91% of successful breaches. Unfortunately, email security filters and receivers may overlook the communication because they are well-tailored. In addition, the communication appears genuine and non-aggressive. The spear-phishing email's developer makes an effort to obtain precise information on the target. Such information may be found in company directories or on websites like LinkedIn. After that, the hacker may gather more personal data from social networking sites to fine-tune a spear-phishing email. How to Defend Spear Phishing Train users to recognize, avoid, and report suspicious emails. Security teams must develop, manage, and upgrade security technologies and practices to prevent, identify, and react to ever-evolving spear-phishing attacks. Security teams must invest in continuously updating threat information to employees to stay ahead of attackers. Vishing In vishing, the hacker pretends to call from a bank, merchant account, or another service. The phone call starts with an automated message that directs the callers to the criminals acting as customer support representatives. To fake or disguise their phone numbers, criminals use smartphone applications or other technologies. Vishing is a kind of social engineering attack in which the victim is deceived into disclosing personal, financial, or business information. The attacker may even act as an off-site executive from your organization. Preventive Measures for Vishing Verify unexpected phone requests using an official directory or call the company’s main office and ask to speak to the person making the request. Login credentials should not be disclosed over the phone. If a caller requests account or personal information, do not share it and inform the security. You will not be contacted by security to change your logins, passwords, or network settings. Any caller who makes such a request is most likely a hacker. Decline the call and alert the authorities. Summing Up Cognitive biases and fundamental human decision-making play a significant role in social engineering strategy. As humans, we are bound to make mistakes. Building awareness will help you make the perfect decision at the right time. This will guard your business and loss of reputation. Cybercriminals who use social engineering campaigns are aware of human psychology and use it to their benefit. Unfortunately, such cyber attacks may affect your company if a lot of data is compromised or there is a ransomware attack. Recognizing typical social engineering tactics is the first step in strengthening your security measures and avoiding data leaks. Next, make sure your personnel are trained on how to deal with potential dangers so you can have the most effective defense possible. Frequently Asked Questions What are some of the examples of social engineering attacks? Some of the examples of social engineering attacks are: Quid Pro Quo Tailgating Smishing What do you mean by social engineering attacks? Social engineering attacks take advantage of human mistakes to get passwords or spread malware, usually through infected email attachments or malicious website links. What are the six fundamental principles of social engineering? The six fundamental principles of social engineering are commitment and consistency, reciprocity, social proof, authority, scarcity, and liking.

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N-Stalker

N-Stalker is a leader on Web Application Security Assessment technology. It currently develops and maintains N-Stalker Web Application Security Scanner suite, a software product aimed on scanning and finding security vulnerabilities in Web Applications.

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SecurityScorecard Joins Snowflake Partner Network

SecurityScorecard | June 23, 2022

SecurityScorecard, the global leader in cybersecurity ratings announced today that it has joined Snowflake's Partner Network, enabling mutual customers to gain instant visibility into their own security posture and that of their third and fourth party software vendors. Catching Third-Party Risks Early Snowflake customers now have access to "call" security data within Snowflake, gaining direct access to SecurityScorecard Ratings data that can be correlated with various systems and processes including third party risk, identity and access and IT asset management to catch potential security risks early and create a unified view. "CISOs need to know the scale and scope of their cyber environment and that includes third and fourth-party vendors that can pose substantial risks to their organization," said Alex Rich, Vice President of Alliances at SecurityScorecard. "The insights gleaned from continuous monitoring with SecurityScorecard ratings data helps Snowflake data cloud customers get a broad view into their Third Party Risk Management, supply chain management, and business intelligence applications with continuous cybersecurity data." SecurityScorecard collects and analyzes global threat signals that give organizations instant visibility into the security posture of vendors and business partners as well as the capability to do a self-assessment of their own security posture. The technology continuously monitors 10 groups of risk factors to instantly deliver an easy-to-understand A-F rating. The Snowflake Partner Network unlocks the potential of the Data Cloud with a broad array of tools and partners. Certified partnerships and integrations enable customers to leverage Snowflake's flexibility, performance, and ease of use to deliver more meaningful data insights. "With SecurityScorecard on the Snowflake Data Marketplace - organizations can now access and use robust vendor risk data directly in their Snowflake account. "Joint customers of Snowflake and SecurityScorecard can now easily combine, enrich, and contextualize vendor risk data with procurement, legal, IT, compliance, and security data, systems, and processes, accelerating the modern CIO and CISO's priority of data-driven, risk-based, and automated security and compliance." Joshua McKibben, Director Security Compliance & Risk Management at Snowflake "Our partnership with SecurityScorecard is delivering customers the detailed cybersecurity ratings data they need to refine and enrich data around numerous different use cases," said Tarik Dwiek, Head of Technology Alliances at Snowflake. "From third party risk and M&A due diligence, to cyber insurance, SecurityScorecard and Snowflake are helping global enterprises better manage their third-party risk management programs." About SecurityScorecard Funded by world-class investors including Evolution Equity Partners, Silver Lake Waterman, Sequoia Capital, GV, Riverwood Capital, and others, SecurityScorecard is the global leader in cybersecurity ratings with more than 12 million companies continuously rated. Founded in 2013 by security and risk experts Dr. Aleksandr Yampolskiy and Sam Kassoumeh, SecurityScorecard's patented rating technology is used by over 30,000 organizations for enterprise risk management, third-party risk management, board reporting, due diligence, cyber insurance underwriting, and regulatory oversight.

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PLATFORM SECURITY

CyberProof Collaborates with Microsoft on Security Portfolio

CyberProof | June 22, 2022

CyberProof, a UST company, announced a partnership with Microsoft and can provide Managed Extended Detection and Response (MXDR) capabilities for Microsoft Security Services for Enterprise, a new managed service for large enterprise customers that is part of Microsoft's new security services portfolio. Microsoft Security Services for business is a comprehensive, expert-led service that manages onboarding, everyday interaction, practice modernization, and incident response by combining proactive threat hunting and MXDR with devoted Microsoft security experts. The service extends threat detection and response across Microsoft 365 Defender and Microsoft Sentinel security solutions by leveraging the human expertise and service delivery experience of MXDR providers like CyberProof and internal Microsoft teams. Customers can mitigate the cybersecurity risks associated with digital transition by leveraging CyberProof's experience with the most difficult, enterprise-scale changes. The CyberProof Defense Center platform runs on Microsoft Azure natively and connects with the Microsoft Security Stack. This allows CyberProof to assist organizations in addressing critical difficulties as they grow their security operations, ranging from log gathering and analysis to proactive search for malicious threat behavior. CyberProof's nation-state qualified cybersecurity professionals offer Managed XDR services and experience to companies wishing to transition from old on-premises security solutions to cloud-native protection. CyberProof partners with Microsoft as a Microsoft Gold Partner, with R&D teams in Tel Aviv working closely together to provide customers with end-to-end security services such as advanced threat intelligence and hunting, use case engineering, and vulnerability management. Microsoft's entry into this industry validates the importance of sophisticated MXDR services, which are quickly rising. Gartner predicts that by 2025, half of enterprises will be employing MDR services for threat monitoring, detection, and response tasks that provide threat containment and mitigation capabilities. "Our Managed XDR service offering indicates a shift in security operations supported by cloud-native technology. Forward-thinking CISOs are quickly discovering the many benefits of a cloud-native security architecture and we are helping them solve the most complex challenges as co-innovation partners with Microsoft." He continued, "We are proud to work together with Microsoft as a part of Microsoft's partner community and are excited about the process Microsoft is undergoing," said Tony Velleca, Chief Executive Officer, CyberProof. "CyberProof shares Microsoft's belief in the crucial importance of collaborating within the cybersecurity community to improve customers' threat detection and response capabilities. As members of Microsoft's partner community, we are now offering Managed XDR for Microsoft 365 Defender and Microsoft Sentinel in our portfolio." He added, "CyberProof was among the first to deploy Microsoft Sentinel in a highly regulated, global enterprise, and today, our close partnership with Microsoft is expanding to address the increasing demand for Managed XDR services." Yuval Wollman, President, CyberProof "CyberProof is committed to collaboration within the cybersecurity community. We value CyberProof's capabilities in cyber defense and appreciate the team working with us to improve the ability of our customers to predict, detect, and respond to security threats faster." said Kelly Bissell, Corporate Vice President of Security Service Line, Microsoft.

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PLATFORM SECURITY

Evo Security Announces the Launch of Evo Partner Identity Cloud for MSPs

Evo Security | June 21, 2022

Evo Security today announced the launch of Evo Partner Identity Cloud or EPIC. Evo Partner Identity Cloud is the first all-in-one identity and access management (IAM) solution designed exclusively with the needs of managed service providers (MSPs) and their business customers in mind. The enterprise-grade cloud platform is a comprehensive identity and access management solution that gives MSPs an easy and highly secure way to protect small and medium-sized businesses and enterprises from the most common types of cybersecurity attacks that frequently exploit login and access vulnerabilities to penetrate network and cloud assets. Evo Partner Identity Cloud includes multi-factor authentication (MFA), single sign-on (SSO), privileged access management (PAM), technician elevated access, secrets management, and unified directory services, among other critical security capabilities. Evo Partner Identity Cloud is the easiest and most complete way for MSPs to simultaneously protect login credentials and apply least-privilege access across applications, networks, and infrastructure for themselves and their customers in a single scalable, multi-tenant solution. "Traditional enterprise identity and access management solutions are built for 1:1 administration, which means they cannot adequately support the MSP and the MSP's customers simultaneously. Point solutions have helped bridge the gap, but don't provide the enterprise-grade security and platform approach required by MSPs seeking to build a sound security practice" said Evo Security's CEO and Founder, Mike Roth. "We built Evo Partner Identity Cloud with a multi-tenant architecture to provide MSPs an enterprise-grade level of security that they can use to protect themselves and all of their SMB and SME customers at scale with purpose-built platform that means business." said Evo's CEO and Founder, Michael Roth. "What's great about Evo Security's Partner Identity Cloud is that it works with our existing MSP managed technology stack to provide comprehensive identity and access management capabilities for us and our customers. It helps keep our internal systems secure, while providing cloudIT with new ways to generate revenue and enforce best security hygiene practices in our customers' networks." Vince Kent, CEO of managed service provider cloudIT The Evo Partner Identity Platform supports MSPs by providing the ability to: Turn identity and access management (IAM) into a highly profitable revenue center that can immediately produce new revenue with industry-leading margins; Replace multiple point solutions, including password vaults, password rotation tools, multi-factor authentication (MFA) tools, and privileged access management (PAM) tools, with a comprehensive identity and access management platform that reduces overhead expenses, provides enterprise-grade protection, and simplifies application and security administration for the MSP and its customers; Deploy login security at scale across customers for web applications, workstations, Macs, servers, VPNs, firewalls, switches, and other network devices; Establish least-privilege and exceed-compliance controls in managed and co-managed scenarios using granular permissions and security groups; Completely eliminate sharing of customer passwords and MFA codes, while simultaneously streamlining technician access across all customer endpoints and apps; Migrate from Microsoft to Evo as the sole Identity Provider (IdP) or build a hybrid IdP scenario based on customer configuration needs; Connect to common MSP tools, such as ConnectWise, Datto, and Microsoft, and improve internal management efficiencies; Gain visibility and real-time security intelligence across customer infrastructure to improve value of services delivery and stop attacks before they start. Evo Security CEO Michael Roth said "Evo Partner Identity Cloud isn't just an all-in-one MSP identity and access management platform. It's an all-in-one MSP business solution." About Evo Security Based in Austin, Texas, Evo Security is an identity and access management cybersecurity company that builds enterprise-grade security products with the MSP in mind. Evo Security's solutions are designed to protect MSPs and their SMB and enterprise customers with comprehensive, multi-tenant security solutions. They are easy to implement and help manage security across managed service providers' internal and external users, while providing MSPs new ways to generate new and highly profitable revenue streams.

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PLATFORM SECURITY

SecurityScorecard Joins Snowflake Partner Network

SecurityScorecard | June 23, 2022

SecurityScorecard, the global leader in cybersecurity ratings announced today that it has joined Snowflake's Partner Network, enabling mutual customers to gain instant visibility into their own security posture and that of their third and fourth party software vendors. Catching Third-Party Risks Early Snowflake customers now have access to "call" security data within Snowflake, gaining direct access to SecurityScorecard Ratings data that can be correlated with various systems and processes including third party risk, identity and access and IT asset management to catch potential security risks early and create a unified view. "CISOs need to know the scale and scope of their cyber environment and that includes third and fourth-party vendors that can pose substantial risks to their organization," said Alex Rich, Vice President of Alliances at SecurityScorecard. "The insights gleaned from continuous monitoring with SecurityScorecard ratings data helps Snowflake data cloud customers get a broad view into their Third Party Risk Management, supply chain management, and business intelligence applications with continuous cybersecurity data." SecurityScorecard collects and analyzes global threat signals that give organizations instant visibility into the security posture of vendors and business partners as well as the capability to do a self-assessment of their own security posture. The technology continuously monitors 10 groups of risk factors to instantly deliver an easy-to-understand A-F rating. The Snowflake Partner Network unlocks the potential of the Data Cloud with a broad array of tools and partners. Certified partnerships and integrations enable customers to leverage Snowflake's flexibility, performance, and ease of use to deliver more meaningful data insights. "With SecurityScorecard on the Snowflake Data Marketplace - organizations can now access and use robust vendor risk data directly in their Snowflake account. "Joint customers of Snowflake and SecurityScorecard can now easily combine, enrich, and contextualize vendor risk data with procurement, legal, IT, compliance, and security data, systems, and processes, accelerating the modern CIO and CISO's priority of data-driven, risk-based, and automated security and compliance." Joshua McKibben, Director Security Compliance & Risk Management at Snowflake "Our partnership with SecurityScorecard is delivering customers the detailed cybersecurity ratings data they need to refine and enrich data around numerous different use cases," said Tarik Dwiek, Head of Technology Alliances at Snowflake. "From third party risk and M&A due diligence, to cyber insurance, SecurityScorecard and Snowflake are helping global enterprises better manage their third-party risk management programs." About SecurityScorecard Funded by world-class investors including Evolution Equity Partners, Silver Lake Waterman, Sequoia Capital, GV, Riverwood Capital, and others, SecurityScorecard is the global leader in cybersecurity ratings with more than 12 million companies continuously rated. Founded in 2013 by security and risk experts Dr. Aleksandr Yampolskiy and Sam Kassoumeh, SecurityScorecard's patented rating technology is used by over 30,000 organizations for enterprise risk management, third-party risk management, board reporting, due diligence, cyber insurance underwriting, and regulatory oversight.

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PLATFORM SECURITY

CyberProof Collaborates with Microsoft on Security Portfolio

CyberProof | June 22, 2022

CyberProof, a UST company, announced a partnership with Microsoft and can provide Managed Extended Detection and Response (MXDR) capabilities for Microsoft Security Services for Enterprise, a new managed service for large enterprise customers that is part of Microsoft's new security services portfolio. Microsoft Security Services for business is a comprehensive, expert-led service that manages onboarding, everyday interaction, practice modernization, and incident response by combining proactive threat hunting and MXDR with devoted Microsoft security experts. The service extends threat detection and response across Microsoft 365 Defender and Microsoft Sentinel security solutions by leveraging the human expertise and service delivery experience of MXDR providers like CyberProof and internal Microsoft teams. Customers can mitigate the cybersecurity risks associated with digital transition by leveraging CyberProof's experience with the most difficult, enterprise-scale changes. The CyberProof Defense Center platform runs on Microsoft Azure natively and connects with the Microsoft Security Stack. This allows CyberProof to assist organizations in addressing critical difficulties as they grow their security operations, ranging from log gathering and analysis to proactive search for malicious threat behavior. CyberProof's nation-state qualified cybersecurity professionals offer Managed XDR services and experience to companies wishing to transition from old on-premises security solutions to cloud-native protection. CyberProof partners with Microsoft as a Microsoft Gold Partner, with R&D teams in Tel Aviv working closely together to provide customers with end-to-end security services such as advanced threat intelligence and hunting, use case engineering, and vulnerability management. Microsoft's entry into this industry validates the importance of sophisticated MXDR services, which are quickly rising. Gartner predicts that by 2025, half of enterprises will be employing MDR services for threat monitoring, detection, and response tasks that provide threat containment and mitigation capabilities. "Our Managed XDR service offering indicates a shift in security operations supported by cloud-native technology. Forward-thinking CISOs are quickly discovering the many benefits of a cloud-native security architecture and we are helping them solve the most complex challenges as co-innovation partners with Microsoft." He continued, "We are proud to work together with Microsoft as a part of Microsoft's partner community and are excited about the process Microsoft is undergoing," said Tony Velleca, Chief Executive Officer, CyberProof. "CyberProof shares Microsoft's belief in the crucial importance of collaborating within the cybersecurity community to improve customers' threat detection and response capabilities. As members of Microsoft's partner community, we are now offering Managed XDR for Microsoft 365 Defender and Microsoft Sentinel in our portfolio." He added, "CyberProof was among the first to deploy Microsoft Sentinel in a highly regulated, global enterprise, and today, our close partnership with Microsoft is expanding to address the increasing demand for Managed XDR services." Yuval Wollman, President, CyberProof "CyberProof is committed to collaboration within the cybersecurity community. We value CyberProof's capabilities in cyber defense and appreciate the team working with us to improve the ability of our customers to predict, detect, and respond to security threats faster." said Kelly Bissell, Corporate Vice President of Security Service Line, Microsoft.

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PLATFORM SECURITY

Evo Security Announces the Launch of Evo Partner Identity Cloud for MSPs

Evo Security | June 21, 2022

Evo Security today announced the launch of Evo Partner Identity Cloud or EPIC. Evo Partner Identity Cloud is the first all-in-one identity and access management (IAM) solution designed exclusively with the needs of managed service providers (MSPs) and their business customers in mind. The enterprise-grade cloud platform is a comprehensive identity and access management solution that gives MSPs an easy and highly secure way to protect small and medium-sized businesses and enterprises from the most common types of cybersecurity attacks that frequently exploit login and access vulnerabilities to penetrate network and cloud assets. Evo Partner Identity Cloud includes multi-factor authentication (MFA), single sign-on (SSO), privileged access management (PAM), technician elevated access, secrets management, and unified directory services, among other critical security capabilities. Evo Partner Identity Cloud is the easiest and most complete way for MSPs to simultaneously protect login credentials and apply least-privilege access across applications, networks, and infrastructure for themselves and their customers in a single scalable, multi-tenant solution. "Traditional enterprise identity and access management solutions are built for 1:1 administration, which means they cannot adequately support the MSP and the MSP's customers simultaneously. Point solutions have helped bridge the gap, but don't provide the enterprise-grade security and platform approach required by MSPs seeking to build a sound security practice" said Evo Security's CEO and Founder, Mike Roth. "We built Evo Partner Identity Cloud with a multi-tenant architecture to provide MSPs an enterprise-grade level of security that they can use to protect themselves and all of their SMB and SME customers at scale with purpose-built platform that means business." said Evo's CEO and Founder, Michael Roth. "What's great about Evo Security's Partner Identity Cloud is that it works with our existing MSP managed technology stack to provide comprehensive identity and access management capabilities for us and our customers. It helps keep our internal systems secure, while providing cloudIT with new ways to generate revenue and enforce best security hygiene practices in our customers' networks." Vince Kent, CEO of managed service provider cloudIT The Evo Partner Identity Platform supports MSPs by providing the ability to: Turn identity and access management (IAM) into a highly profitable revenue center that can immediately produce new revenue with industry-leading margins; Replace multiple point solutions, including password vaults, password rotation tools, multi-factor authentication (MFA) tools, and privileged access management (PAM) tools, with a comprehensive identity and access management platform that reduces overhead expenses, provides enterprise-grade protection, and simplifies application and security administration for the MSP and its customers; Deploy login security at scale across customers for web applications, workstations, Macs, servers, VPNs, firewalls, switches, and other network devices; Establish least-privilege and exceed-compliance controls in managed and co-managed scenarios using granular permissions and security groups; Completely eliminate sharing of customer passwords and MFA codes, while simultaneously streamlining technician access across all customer endpoints and apps; Migrate from Microsoft to Evo as the sole Identity Provider (IdP) or build a hybrid IdP scenario based on customer configuration needs; Connect to common MSP tools, such as ConnectWise, Datto, and Microsoft, and improve internal management efficiencies; Gain visibility and real-time security intelligence across customer infrastructure to improve value of services delivery and stop attacks before they start. Evo Security CEO Michael Roth said "Evo Partner Identity Cloud isn't just an all-in-one MSP identity and access management platform. It's an all-in-one MSP business solution." About Evo Security Based in Austin, Texas, Evo Security is an identity and access management cybersecurity company that builds enterprise-grade security products with the MSP in mind. Evo Security's solutions are designed to protect MSPs and their SMB and enterprise customers with comprehensive, multi-tenant security solutions. They are easy to implement and help manage security across managed service providers' internal and external users, while providing MSPs new ways to generate new and highly profitable revenue streams.

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