PLATFORM SECURITY, SOFTWARE SECURITY, API SECURITY
Businesswire | June 06, 2023
Traceable AI, the industry's leading API security company, today announced the release of the industry's first API Security Reference Architecture for Zero Trust. This groundbreaking reference architecture serves as a guide for security leaders as the industry addresses the urgency of integrating API Security into Zero Trust Security initiatives.
Zero Trust, a cybersecurity framework that emphasizes continuous verification and helps to minimize the attack surface, has proven effective in enhancing security for many organizations, from large enterprises, to the US Government. However, traditional Zero Trust approaches have primarily focused on network-level controls and identity access management, neglecting the critical API layer.
Traceable’s API Security Reference Architecture is aligned with the NIST Zero Trust Architecture, a publicly available, vendor-neutral framework widely adopted by government entities such as CISA, DoD, DISA, NSA, GSA and NCCoE, as well as by many leading cybersecurity vendors. By leveraging the NIST framework, Traceable ensures compatibility, interoperability, and adherence to industry standards, making it a reliable and trusted guide for organizations implementing Zero Trust for their APIs.
The extensive reference architecture provides organizations with a prescriptive methodology to operationalize Zero Trust for APIs:
Advanced API Security: The reference architecture gives organizations a way to implement robust security measures specifically designed for APIs, including eliminating implied or persistent trust for APIs, thereby minimizing the risk of API-related vulnerabilities, attacks, and data breaches.
Comprehensive Risk Management: The reference architecture recommends incorporating automatic user authentication and authorization, granular data access policies, and asset risk assessments, can organizations can effectively manage and mitigate risks associated with API access and usage.
Increased Visibility and Control: The architecture explains why organizations should obtain granular visibility, which allows organizations to monitor and record all API transactions, enabling better analysis, threat detection, and incident response capabilities.
Improved Compliance and Data Protection: The automatic identification and classification of sensitive data sets ensure compliance with data protection regulations such as HIPAA, GDPR, and PCI-DSS, reducing the risk of regulatory penalties and reputational damage.
Seamless Automation and Orchestration: The reference architecture recommends integration with XDR, SIEM, and SOAR solutions, so organizations can enhance their overall security posture, automate response actions, and streamline security operations.
Scalability and Flexibility: The architecture offers a flexible distribution model for PEPs and data collection points, allowing organizations to scale their API security infrastructure based on their unique requirements and architecture.
Future-Proofing: By aligning with the NIST Zero Trust Architecture and industry standards, organizations adopting the API Security Reference Architecture can ensure compatibility, interoperability, and the ability to evolve alongside emerging technologies and security best practices.
Traceable’s API Security Reference Architecture for Zero Trust introduces a new approach to secure APIs using Zero Trust concepts, acknowledging their unique security requirements. It provides organizations with a comprehensive framework to implement Zero Trust controls specifically tailored to APIs, ensuring the protection of digital assets and mitigating the risk of data breaches.
Dr. Chase Cunningham weighs in on Traceable’s approach: "APIs provide a new means of applying controls across enterprise applications, " says Dr. Cunningham, “However, the security practices for APIs have not yet matured, leaving a significant gap in the overall attack surface. Traceable has developed their own API Security Reference Architecture to help fill this gap by providing organizations with a methodical way to secure their APIs with Zero Trust principles. By combining Zero Trust strategic concepts with API-specific security measures, Traceable can help organizations protect their digital assets effectively."
Throughout the past year, Traceable has continued to reaffirm its commitment to extending Zero Trust methodologies to API Security. With the addition of Zero Trust creator John Kindervag and Dr. Zero Trust, Chase Cunningham as Traceable advisors, Traceable continues to strengthen its expertise in this space. To date, Traceable has become a valuable partner to a number of large enterprises as the industry turns its eyes toward the importance of API security. With the rollout of their Zero Trust API Access solution alongside this reference architecture, Traceable continues to lead the industry toward the advancement of API security.
This reference architecture is now available for organizations to explore and implement, empowering them to achieve complete API security in a Zero Trust world.
Traceable is the industry’s leading API Security company that helps organizations achieve API protection in a cloud-first, API-driven world. With an API Data Lake at the core of the platform, Traceable is the only intelligent and context-aware solution that powers complete API security – security posture management, threat protection and threat management across the entire Software Development Lifecycle – enabling organizations to minimize risk and maximize the value that APIs bring to their customers. To learn more about how API security can help your business, book a demo with a security expert.
ENTERPRISE IDENTITY, SOFTWARE SECURITY, CLOUD SECURITY
Businesswire | June 05, 2023
Lookout, Inc., the endpoint-to-cloud security company, today announced it has closed the previously announced sale of its consumer mobile security business to F-Secure, a global provider of consumer security products and services. With this strategic divestiture Lookout will focus on expanding its core enterprise business, built around the Lookout Cloud Security Platform.
The sale of Lookout’s consumer mobile security business represents a deliberate and strategic decision to optimize its enterprise product portfolio and concentrate its product innovation and go-to-market on the expansion of these core competencies. The divestiture sets Lookout up for long-term growth and further positions the Company to address the security transformation impacting organizations today, including the increase in remote work, the shift to cloud-based delivery models and the transition to zero trust architectures.
“We are pleased to announce the successful divestiture of our mobile consumer security business, which represents a significant milestone in our strategic transformation to become a pure-play enterprise cybersecurity company,” Jim Dolce, CEO at Lookout. “With this refined focus, we will continue to drive innovation, invest in the development of cutting-edge solutions and drive greater value for our customers.”
Lookout’s core enterprise business includes Lookout Mobile Endpoint Security and its security services edge (SSE) cloud-native solution, the Lookout Cloud Security Platform. The Company entered the cloud security market through its acquisition of CipherCloud in March 2021. Its Cloud Security Platform was recently scored among the highest three vendors in the 2023 Gartner Critical Capabilities for Security Service Edge (SSE)1 report in each of the four use cases. The Gartner Critical Capabilities for SSE – an essential companion to the Gartner Magic Quadrant™ for SSE2 in which Lookout was named a Visionary for the second year in a row – is a comparative analysis that scores products or services against a set of critical differentiators that every business needs, as identified by Gartner. These four use cases include Secure Web and Cloud Usage, Detect and Mitigate Threats, Connect and Secure Remote Workers and Identify and Protect Sensitive Information.
As part of the sale agreement, F-Secure acquires all of the Lookout consumer mobile security products and technology and assumes all responsibility for ongoing operations and customer relationships. Additionally, the Company’s consumer employees will become part of F-Secure.
Lookout, Inc. is the endpoint-to-cloud cybersecurity company that delivers zero trust security by reducing risk and protecting data wherever it goes, without boundaries or limits. Our unified, cloud-native platform safeguards digital information across devices, apps, networks and clouds and is as fluid and flexible as the modern digital world. Lookout is trusted by enterprises and government agencies of all sizes to protect the sensitive data they care about most, enabling them to work and connect freely and safely. To learn more about the Lookout Cloud Security Platform, visit www.lookout.com and follow Lookout on our blog, LinkedIn and Twitter.
© 2023 Lookout, Inc. LOOKOUT®, the Lookout Shield Design®, LOOKOUT with Shield Design®, and SIGNAL FLARE® are registered trademarks of Lookout, Inc. in the United States and other countries. DAY OF SHECURITY®, LOOKOUT MOBILE SECURITY®, and POWERED BY LOOKOUT® are registered trademarks of Lookout, Inc. in the United States. Lookout, Inc. maintains common law trademark rights in EVERYTHING IS OK, PROTECTED BY LOOKOUT, CIPHERCLOUD, SCREAM, the 4 Bar Shield Design, and the Lookout multi-color/multi-shaded Wingspan design.
ENTERPRISE SECURITY, SOFTWARE SECURITY, CLOUD SECURITY
Prnewswire | June 02, 2023
Safe Security (SAFE), the leader in AI-based cyber risk management SaaS platform, announced today the industry's first Cyber Risk Cloud of Clouds for predicting and preventing cyber breaches. In contrast to the rest of the industry that takes a reactive approach, SAFE's Cyber Risk Cloud of Clouds enables organizations to make informed and predictive dynamic security decisions to reduce risk.
Real-Time, Data-Driven, Aggregated Risk in a Single Place
SAFE's Cyber Risk Cloud of Clouds provides organizations with a granular and aggregated view of enterprise security risk by bringing together multiple disparate cyber signals, including Crowdstrike, Wiz, AWS, Azure, Google Cloud Provider, Qualys, Tanium, Rapid7, ServiceNow, and more in a single view. This provides organizations with visibility across their entire attack surface ecosystem, including technology, people, and third parties.
AI Breach Predictions and Prioritized Actions to Prevent Breaches
Using SAFE's predictive AI data models, co-developed with MIT, SAFE generates breach likelihood for different risk scenarios like ransomware. For example, accurately answer questions like:
How likely are you to be hit by a ransomware attack in the next 12 months?
What is your likelihood of being hit by the latest malware like "Snake" malware?
What is your dollar impact for that attack?
What prioritized actions can you proactively take to reduce the ransomware breach likelihood and reduce dollar risk?
"The CISO is facing an unprecedented level of pressure and the role has evolved into a major business decision maker. With SAFE, CISOs can gain a new level of visibility with higher confidence, through real-time access into their cybersecurity posture, to make the most impactful strategy to decrease cyber risk," said Saket Modi, CEO and Co-Founder of SAFE. "The new release of SafeGPT, a generative AI interface, powered by LLM models is a game-changer. It helps CISOs get the right answers a hundred times faster."
SafeGPT Drives Easy Access and Risk Reducing Decisions
SAFE's generative AI chat interface powered by LLM models, SafeGPT, offers an intuitive platform for managing cyber risk with ease, providing stakeholders with a clear and comprehensible overview of the organization's cybersecurity posture. With its user-friendly dashboard and natural language processing capabilities, SafeGPT enables users to ask targeted questions of their cyber risk data, determine the most effective strategies for mitigating risk, and respond confidently to inquiries from regulators and other key stakeholders.
"The market transitions going on now are going to affect every industry and vertical worldwide," said John Chambers, former Executive Chairman and CEO of Cisco and current founder and CEO of JC2 Ventures." AI is going to have a tremendous impact on cybersecurity, which is why I am excited about the launch of SafeGPT. It simplifies complex problem-solving for board members and C-level executives."
About Safe Security
Safe Security is the leader in cyber risk management SaaS platforms. It has redefined cyber risk measurement and management with its real time, data driven approach that empowers enterprises, boards, regulators and cyber insurance carriers to understand cyber risk in an aggregated and granular manner.
Using SAFE's predictive AI driven data models, co-developed with MIT, customers are now empowered to translate the bits and bytes of cyber risk into dollars and cents so that they can prioritize their cyber investments to most effectively mitigate their risk and understand the return on security investments. Having raised over $100m, SAFE is growing over 200% year-over-year and serves some of the largest global enterprises.