DATA SECURITY

Arctic Wolf Security Operations Cloud Reaches Massive Scale and a Global Footprint

Arctic Wolf | November 09, 2021

-Arctic Wolf®, a leader in security operations, today announced the global expansion of its industry-leading cloud-native platform, the Arctic Wolf Security Operations Cloud, to provide customers and partners with unified visibility, protection, and automation, through a growing number of technical integrations. With the establishment of a European Security Operations Center (SOC) in Frankfurt, Germany, Arctic Wolf customers in any location, will have full flexibility in how their native security solution data is stored and accessed to aid in their compliance with local and international data governance regulations.

Built on an open XDR architecture, the Arctic Wolf Security Operations Cloud has scaled to ingest, parse, enrich, and analyze over 1.6 trillion security events and 1.3 petabytes of data each week from over one million licensed users at 2,000 global customers. By leveraging machine learning and artificial intelligence the Arctic Wolf Security Operations Cloud now processes events at an equivalent or greater rate than that of other market-defining cloud platforms. This momentum is driven by a strong uptick in demand for the technology in the enterprise market, demonstrated by Arctic Wolf’s 510% year-over-year large enterprise ARR growth in the first quarter of the fiscal year.

Unlike the rest of the industry that is just now starting to parse solutions to integrate data from multiple attack surfaces, Arctic Wolf’s platform was built from day one on a cloud-native architecture that seamlessly ingests data from endpoint, network, identity, and cloud sources to deliver automated threat detection and response at scale. This unification of an organization’s security data ensures only verified security incidents are escalated to customers, effectively eliminating alert fatigue, and ensuring internal security resources have the time needed to focus on hardening their overall security posture.

Powering Security Operations at a Global Scale

To further support Arctic Wolf’s ongoing global expansion, the company has leveraged the scalability and extensibility of the AWS public cloud infrastructure, providing new customers the ability to have their native security solution data hosted within the Arctic Wolf Security Operations Cloud in their choice of the United States, Germany, or Canada.

With five SOCs spread across North America and Europe, as well as a growing team of remote security analysts, organizations within Arctic Wolf’s global customer base can have confidence that the Arctic Wolf Concierge Delivery Model aligns with the needs of their compliance requirements on their security journey to end cyber risk.

Delivering Critical Outcomes Across the Entire Security Operations Framework

The massive growth in the power and scale of the Arctic Wolf Security Operations Cloud has been pushed by explosive market demand for security operations, which has resulted in the company doubling its sales for eight consecutive years and achieving a $4.3B valuation as part of a $150M Series F funding round in July.

In addition to the business expansion driving the momentum of its cloud-native platform, Arctic Wolf has also made aggressive investments in ecosystem integrations, resulting in the Arctic Wolf Security Operations Cloud adding support for dozens of new security data sources over the last year. Arctic Wolf’s universal and unlimited approach to data ingestion allows customers to gain visibility and control over historically disparate security solutions, while removing the need for security leaders to choose which data sources are important or cost-effective to monitor.

Supporting Quotes:

“While every other aspect of the modern technology stack has a category-defining platform —think Salesforce, ServiceNow, and Workday— no one in cybersecurity has managed to unify the market and produce a true platform that serves all security operations use cases for midsize and enterprise customers,The Arctic Wolf Security Operations Cloud delivers exactly that – the unified security operations experience that owns the outcome for the customer, and our new global footprint makes it easier than ever for organizations to have full control over where their native security solution data is stored.”

Nick Schneider, president and chief executive officer of Arctic Wolf

“Accelerated digital transformation and the shift to cloud-based solutions require organizations to rethink data protection strategies and upscale their data security infrastructures to meet the ever-evolving privacy and data compliance landscape,” said Duncan Brown, vice president, European Enterprise Research, IDC. “This trend is global in nature and in Europe, in particular, we are seeing a rapid movement to adopt cloud environments. The vendors who will lead the market in that change will need to demonstrate a proven track record in delivering a mature, global cloud model that meets data sovereignty requirements without compromising speed and scalability.”

With the Security Operations Cloud, Arctic Wolf is the first to deliver a cloud-based platform that gives organizations the protection, resilience, and guidance they need to defend against cyber threats, including Managed Detection and Response (MDR), Managed Risk, Cloud Security Posture Management (CSPM), and Managed Security Awareness —each delivered by the unique concierge delivery model.



About Arctic Wolf:
Arctic Wolf® is a global leader in security operations, delivering the first cloud-native security operations platform to end cyber risk. Powered by threat telemetry spanning endpoint, network, and cloud sources, the Arctic Wolf® Security Operations Cloud ingests and analyzes more than 1.6 trillion security events a week across the globe, enabling critical outcomes for most security use cases and optimizing customers’ disparate security solutions. Now deployed to more than 2,000 customers worldwide, the Arctic Wolf® Platform delivers automated threat detection and response at scale, and empowers organizations of any size to stand up world-class security operations with the push of a button.

Spotlight

It is a well-known fact that all Norwegians are online. Through this study we have found that Norwegians are confdent that they are able to identify cyber-threats. Still more than half the population is worried falling victim to online fraud and computer viruses. They willingly accept state monitoring, but do not trust that the Police can help them if they fall victim to cyber-crime. On the other hand, almost half the population support vigilante and private law enforcement online. What does this tell us about Norwegian Cyber Security Culture and the prospects of successful digitization of public services and private businesses? Human factors have long time been recognized as fundamental to cyber security. But so far efforts to understand this important phenomenon has been limited in scope. NorSIS sees mapping cyber security culture as a way of understanding yourself, your company and your country. This project has been conducted to provide new insight in Norwegian Cyber security culture. Our goal is to develop effective cyber security practices and improve national cyber resilience. The results will also give indications on what security regulations the Norwegian people will see as acceptable and how to implement them.

Spotlight

It is a well-known fact that all Norwegians are online. Through this study we have found that Norwegians are confdent that they are able to identify cyber-threats. Still more than half the population is worried falling victim to online fraud and computer viruses. They willingly accept state monitoring, but do not trust that the Police can help them if they fall victim to cyber-crime. On the other hand, almost half the population support vigilante and private law enforcement online. What does this tell us about Norwegian Cyber Security Culture and the prospects of successful digitization of public services and private businesses? Human factors have long time been recognized as fundamental to cyber security. But so far efforts to understand this important phenomenon has been limited in scope. NorSIS sees mapping cyber security culture as a way of understanding yourself, your company and your country. This project has been conducted to provide new insight in Norwegian Cyber security culture. Our goal is to develop effective cyber security practices and improve national cyber resilience. The results will also give indications on what security regulations the Norwegian people will see as acceptable and how to implement them.

Related News

DATA SECURITY

A Cybersecurity Startup Vulcan Cyber Raises $21 Million for Expansion of Vulnerability Remediation SaaS Platform

Vulcan Cyber | March 18, 2021

An Israel-based and cybersecurity start-up company, Vulcan Cyber, announced that it had raised a $21 million Series B funding round led by Dawn Capital. The company is into fixing security vulnerabilities has now participated with Wipro Ventures and existing Vulcan Cyber investors YL Ventures and Ten Eleven Ventures. The raised funds will support the novel vulnerability remediation solutions for cloud and application security teams. It will also deliver Vulcan Free, the industry's first free risk-based vulnerability management (RBVM) platform created for vulnerability and cyber risk prioritization. With this new development, Vulcan Cyber’s overall funding up until presently is $35 million. The company experienced a 500% growth in annual recurring revenue. The new funding will also satisfy considerable demand for a SaaS solution that goes ahead with vulnerability scanning and management. This will help IT, and security teams accomplish vulnerability scanning and management in a fixed way. The company’s focus has always been to warn its customers about potential vulnerabilities and prioritizing them based on the severity of the risk and the threat to a company’s business assets. After all, security teams are often inundated by alerts as not every scanner represents a high-priority risk for a business. Hence, the promise of Vulcan Cyber’s platform to build a vulnerable one will help teams to figure out where to focus their resources best. In the end, with this new free offering, Vulcan’s freemium portfolio now includes Vulcan Free. This provides core prioritization and vulnerability management features to the company and its existing free vulnerability intelligence database.

Read More

SOFTWARE SECURITY

DigitSec and UST Announce Partnership to Offer Continuous Application Security Testing for Salesforce DevSecOps

DigitSec and UST | August 27, 2021

DigitSec, provider of the most comprehensive AppSec testing platform purpose-built for Salesforce, and UST, a leading digital transformation solutions company, today announced a partnership to provide full-spectrum application security testing as part of a comprehensive Salesforce portfolio for enterprise customers. UST will offer its clients the DigitSec SaaS Security Scanner™- S4 for Salesforce™ as part of its plan to deliver more secure and resilient solutions for testing and remediation. DigitSec S4 is a continuous application security testing platform for Salesforce DevSecOps that integrates multiple security tools, empowering developers and administrators to accurately identify security issues faster and with far fewer false positives than traditional AppSec testing solutions. It offers an automated penetration testing solution combining static source code analysis (SAST), interactive runtime testing (IAST), software composition analysis (SCA), and cloud security configuration review for a truly comprehensive Salesforce security assessment. Commenting on the partnership, Prasan Vyas, General Manager and Global Head of SFDC Practice, UST, said, "At UST, we are constantly improving our value proposition for our Global 2000 and Fortune 500 customers by leveraging our platform expertise and working together with best-of-breed partners to help build secure and robust solutions. For our Salesforce customers, DigitSec presents a digital-age tool to secure applications against potential security threats early on in the build process. The partnership underwrites UST's deep commitment to the Salesforce platform and helping our customers identify and remediate security risks in their Salesforce orgs." "Given the mission-critical and sensitive nature of customer personally identifiable information (PII) and other data, it's critical that developers consider security first in their Salesforce projects. Our S4 platform provides a continuous and automated 360-degree view of potential threats and now is available to UST clients as they create and update their Salesforce applications," said DigitSec CEO Waqas Nazir. S4 for Salesforce can quickly and accurately identify thousands of potential security vulnerabilities with the lowest rate of false positives in the industry. The DigitSec platform also supports compliance framework requirements including GDPR, HIPAA, ISO-27001, SOX, PCI DSS, CCPA, and APPI. About DigitSec DigitSec provides the most comprehensive application security testing platform purpose-built for Salesforce, including automated penetration testing. Its patented SaaS Security Scanner, S4, quickly assesses Salesforce security posture, allowing developers to easily identify potential issues before deployment while supporting compliance requirements. About UST For more than 20 years, UST has worked side by side with the world's best companies to make a real impact through transformation. Powered by technology, inspired by people, and led by our purpose, we partner with our clients from design to operation. Through our nimble approach, we identify their core challenges and craft disruptive solutions that bring their vision to life. With deep domain expertise and a future-proof philosophy, we embed innovation and agility into our clients' organizations—delivering measurable value and lasting change across industries and around the world. Together, with over 26,000 employees in 25 countries, we build for boundless impact—touching billions of lives in the process.

Read More

DATA SECURITY

Optiv and NightDragonto work together to Fast-trackDelivery of Technology to Cybersecurity Market

Optiv | January 05, 2022

The cyber advisory and solutions leader, Optive, and the cybersecurity, safety, security, and private investment and advisory firm, NightDragon, have announced their innovation-driven alliance. They have decided to work together to make the technology suitable for the next-gen and serve the clients better. With the alliance, Optive will have access to a portfolio of innovative, future-focused companies from NightDragon. They will also get access to thoroughly vetted cybersecurity products and solutions. In addition,NightDragon will also have access to lot of benefits from the alliance, such as access to Optiv's unmatched ecosystem of people, products, partners, and programs. This will help the clients of NightDragon accelerate business progress. "In an increasingly complex and fast-moving threat landscape, speed to innovate and speed to market are valuable business differentiators. Our alliance with NightDragon provides both, along with tremendous value to our clients and NightDragon's portfolio of companies,As a destination for co-innovation, we have a front-row seat to the incubation of the newest security innovations, helping ensure we stay at the cutting-edge of technology so we can solve the problems of tomorrow." Optiv CEO Kevin Lynch "The threat we face today in cybersecurity is immense, and we know we stand against this storm alone. Optiv is unmatched when it comes to helping put the right technologies and solutions in the hands of the companies that need them. NightDragon is proud to work with Optiv to help our portfolio companies hyper-scale their businesses and become viable defenders against the offensive threats we are seeing in the marketplace," said Dave DeWalt, founder and managing director, NightDragon. Optiv, as the market leader, offers various platforms of cybersecurity products and solutions, such as Managed XDR (MXDR), Zero Trust, Threat Management, Data Governance, Privacy and Protection. "We are proud to work with Optiv and NightDragon, which recognize the importance of innovation and are investing in the next generation of cybersecurity solutions," said Karen Kukoda, vice president of strategic partnerships at SafeGuard Cyber, a NightDragon portfolio company. "We have already seen Optiv's ability to accelerate our business and look forward to seeing that potential continue to increase."

Read More