XM Cyber | June 28, 2022
XM Cyber, a hybrid cloud security provider, announced the acquisition of Cyber Observer, a pioneer in Continuous Controls Monitoring (CCM) and Cloud Security Posture Management (CSPM). This is XM Cyber's latest growth milestone in a year in which the organization has considerably increased its lead position in the cybersecurity market.
Companies are changing faster than ever before, owing to growing regulation, competition, and consumer expectations. Traditional risk management techniques are no longer cost-effective and are incapable of providing the coverage or speed necessary in a dynamic digital environment. By incorporating XM Cyber's market-leading attack path management with Cyber Observer's continuous control monitoring, security teams will be able to see both their cyber exposures as well as how their existing security controls and identification and response tools can react to these threats at any given time, accurately representing the true risk to the business.
The Cyber Observer platform will be incorporated into XM Cyber's, providing a unified, continuous picture of the vulnerabilities and exposures that put vital assets at risk, as well as the security control gaps that fail to prevent assaults. It will also automate compliance validation and reporting for important standards such as ISO, NIST, GDPR, SWIFT, and PCI.
"Even as awareness of cybersecurity risk continues to grow, attackers are thriving and routinely exploiting attack paths that can be used to move laterally through an enterprise network. Our goal is to give security teams the ability to easily understand and correct their security posture on a continuous basis, including weaknesses, exposures and compensating security controls across the full internal and external attack surface covering on-prem, cloud and SaaS systems. This acquisition is not an isolated event, but just the latest step in our strategy to provide the most comprehensive and proactive security posture management platform on the market."
Noam Erez, co-founder and CEO, XM Cyber
Schwarz Group is the world's fourth largest retailer and a major player in cloud computing. With the establishment of a European cloud, the corporation has expanded fast in the digital area in recent years. Schwarz bought XM Cyber as its cyber branch in November 2021. Since then, XM Cyber has expanded its product offering, increased its worldwide staff, and enlarged its customer base. Schwarz's strong financial stability and wide digital vision are a driving force for development and innovation.
"Cyber Observer's patented continuous control monitoring capabilities are a perfect complement to XM Cyber's award-winning hybrid cloud security platform. We are excited about this opportunity and look forward to working with the XM Cyber team to deliver the first end-to-end continuous cyber security posture management solution supporting both cloud and on-premises coverage," said Shimon Becker, co-founder and CEO, Cyber Observer.
iboss, Inc. | July 29, 2022
iboss, the leading Zero Trust Edge cloud security provider, announces that it has obtained Federal Risk and Authorization Management Program (FedRAMP) Authorization. The achievement is reflective of the company’s commitment to work alongside federal agencies to protect government entities and civilians from growing and increasingly sophisticated cyberthreats.
Earlier this year, the United States Office of Management and Budget unveiled a strategy designed to prevent damaging hacks and breaches by moving federal agencies toward a zero trust cybersecurity approach. The announcement followed a 2021 Biden Administration executive order aimed at protecting federal networks by modernizing government cybersecurity, including through the implementation of zero trust security
architecture as defined in the National Institute of Standards and Technology (NIST).
The iboss platform is a purpose-built, patented, cloud delivered security solution that has been trusted by organizations worldwide to implement Zero Trust architecture as laid out specifically in the NIST 800-207 Special Publication. The company’s containerized cloud architecture makes it the only platform that can control what NIST refers to as the “Implicit Trust Zone” to ensure that all data and resources are completely private. The FedRAMP authorization now extends iboss’s leading platform to all U.S. government customers.
“Our Zero Trust Edge platform prevents breaches by making applications and data inaccessible to attackers while allowing trusted users to securely and directly connect to resources from anywhere. “In today’s work-from-anywhere world, protecting sensitive information, regardless of who is accessing it or where, is critical. We look forward to continuing to extend our platform and expertise to U.S. government agencies.”
iboss CEO Paul Martini
A Zero Trust Architecture built on iboss consolidates network security technologies (SWG, CASB, DLP, IPS, malware defense, browser isolation, firewall) into a single unified cloud platform and eliminates the need for a VPN while securing any device, regardless of location. By making all applications private, iboss eliminates the top three initial ransomware infection vectors as identified by the Cybersecurity and Infrastructure Security Agency (CISA). With applications, data and services made accessible only through the iboss Zero Trust Edge, cyber risk is greatly reduced, breaches and data loss are prevented, and visibility and security are delivered consistently throughout an organization.
FedRAMP is a US government-wide program that provides a standardized approach to security assessment, authorization, and continuous monitoring for cloud products and services.
About iboss, Inc.
iboss is a cloud security company that enables organizations to reduce cyber risk by delivering a Zero Trust service designed to protect resources and users in the modern distributed world. Applications, data and services have moved to the cloud and are located everywhere while users needing access to those resources are working from anywhere. Built on a containerized cloud architecture, iboss delivers security capabilities such as SWG, malware defense, browser isolation, CASB and data loss prevention to protect all resources, via the cloud, instantaneously and at scale. This shifts the focus from protecting buildings to protecting people and resources wherever they are located. Leveraging a purpose-built cloud architecture backed by 230+ issued and pending patents and more than 100 points of presence globally, iboss processes over 150 billion transactions daily, blocking 4 billion threats per day. More than 4,000 global enterprises trust the iboss Cloud Platform to support their modern workforces, including a large number of Fortune 50 companies. iboss was named one of the Top 25 Cybersecurity Companies by The Software Report, one of the 25 highest-rated Private Cloud Computing Companies to work for by Battery Ventures, and CRN’s Top 20 Coolest Cloud Security Companies of 2022.
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.