DATA SECURITY

Brane Capital, a Crypto Custody Company, Recently Earned Cyber Security Recertifications as well as Smart Contract Validation

Brane Inc. | April 05, 2021

Brane Inc., a major cryptocurrency custody provider, has earned important cyber-security recertifications that validate the company's rigorous security and risk management procedures.

Brane completed third-party validation of its Ethereum smart contract code, the technology that drives non-fungible tokens (NFTs), by auditor Solidified, in addition to recertification at ISO 27001 and 27017 and NIST level 4 standards by audit and certification firm BSI.

"We are fully committed to security as our top priority, and these third-party certifications validate Brane as a world-class pioneer in secure cryptocurrency custody," said Chris Desjardins, Vice President, Product. "As cryptocurrencies grow more prevalent in the global economy, our clients and partners are certain that Brane is one of the most accredited, verified, and security-focused companies in the sector."

"Brane's key benefit is the blend of bank-grade security and cutting-edge technology, both built on a fundamental view of blockchain's unique opportunities and challenges," said Dave Revell, a Brane board member, and former EVP and Global Chief Information Officer for CIBC. "Brane has created a custody solution that satisfies the needs of banks and other financial institutions as cryptocurrency acceptance grows."

"Obtaining ISO and NIST certifications will take several years and millions of dollars for major businesses. Brane's fast completion of these certifications demonstrates the power of our blockchain-native technology and information security management systems "Brane's founder and Chief Innovation Officer, Patrick McLaughlin, made the announcement. "With this primary strategic advantage, Brane is the perfect partner for financial institutions looking for a truly safe, user-friendly solution for digital asset custody."

"As Brane becomes a bank for the world's newest asset class, security and accountability are woven into our company's DNA," said Brane President Jerome Dwight, who previously led Bank of New York Mellon's Canadian operations. "By combining an exceptional internal team with partnerships with other business players, Brane is committed to retaining its place of Canadian and global supremacy in crypto custody services."

About Brane

Brane is a blockchain innovation company that was established in 2017. Brane assists companies in understanding and utilizing the potential of blockchain and digital assets. Brane Vault, the digital asset custody facility, is ISO 27001 certified – the first in the world with cryptocurrency in scope – ISO 27017 certified, and NIST Tier 4 certified – the first company in any industry in Canada to achieve such certification. Brane Vault provides advanced proprietary technology and processes for over 20 preliminary patents, as well as being fully insured from fraud and crime.

Spotlight

Read this whitepaper to learn about the mobile security landscape, key mobile security risks, and how to mitigate these risks in order to protect company data.

Spotlight

Read this whitepaper to learn about the mobile security landscape, key mobile security risks, and how to mitigate these risks in order to protect company data.

Related News

DATA SECURITY

Coding Dojo to Launch Cybersecurity Bootcamp for Students

Coding Dojo | June 16, 2021

A leading technology education company, Coding Dojo, has announced its launch of Online Part-Time Cybersecurity Bootcamp, which focuses on preparing entry-level careers for students in IT and network security. Zero is the percent of unemployment for cybersecurity jobs. Also, the jobs in the field are expected to grow by 31% in the coming years. Coding Dojo has developed this program seeing all these facts. The program will help the students pursue a lucrative career in the field and boost the talent pool for employers. Both CySA+ certifications and CompTIA Security+, the two of the leading hiring requirements, are included in the Cybersecurity Bootcamp program. The 24-week online program guides the students in assessing, identifying, reporting, and mitigating information and technology security risks. Fifty percent of the course is mainly focused on on-the-job scenarios and active threat simulations. The course is designed by CompTIA curriculum professionals and former Department of Defense cybersecurity experts. The course provides hands-on experience in defensive and offensive cybersecurity, certified Ethical Hacker-inspired scenarios, web technologies, systems, networking, and databases. Registration is open for students now as the first cohort is about to start on August 16, 2021. $16,495 is the tuition fee for the program. Various financing options are there for qualified applicants. Students will also be given vouchers for both CompTIA certification exams, with two weeks of the course devoted to instructor-led and lecture-based exam reviews. Tuition also covers industry-leading career services of Coding Dojo, including 1:1 coaching, mock interviews, resume preparation, and workshops to support graduates get new jobs in cybersecurity. About Coding Dojo Coding Dojo, the leading technology education company, offers a three-full-stack computer programming Bootcamp and courses on other emerging technologies such as Data Science. The Learning Management System and innovative curriculum are designed to make students independent developers, even though they do not have enough technical background. Coding Dojo has campuses in six US cities, as well as a part-time online program.

Read More

DATA SECURITY

GBA to Launch Cyber Supply Chain Threat Mitigation Subsidiary

Global Business Alliance | July 19, 2021

The Global Business Alliance (GBA) has announced the launch of GBA Sentinel. It is a wholly-owned subsidiary that focused on assisting worldwide companies in identifying and addressing possible supply chain and cyber susceptibilities rapidly. Global companies know it is authoritative for the private sector to cooperate with federal agencies to confirm a safer atmosphere. Through GBA Sentinel, worldwide businesses can gain access to industry-leading supply chain risk management compliance tools of Fortress Information Security. Fortress exclusively delivers actionable risk visions on the supply chain ecosystem of resources and sellers, thereby allowing companies to alleviate their cybersecurity risks and assure controlling compliance logically. Today, Fortress secures the supply chains of dangerous infrastructure for more than 40 percent of the U.S. power grid. In addition, it works carefully with key federal agencies to improve their supply chain cyber flexibility. This inventiveness is a first for the Global Business Alliance, representing 200 of the major global companies operating in the US. About the Global Business Alliance The Global Business Alliance (GBA), as the premier voice of international companies in the United States, energetically encourages and protects an open economy that welcomes global companies to invest in America. Our associates are American companies with worldwide heritage and a crucial part of our nation's economic success. When America is open for business, we all take advantage of it.

Read More

DATA SECURITY

Darktrace's Cyber AI Analyst is now running open Investigations

Darktrace | February 22, 2022

Darktrace, a global leader in cyber security AI, announced significant upgrades to its flagship Cyber AI Analyst product, which now intelligently groups incidents to cover the life cycle of complex compromises as they develop and progress across various entities within a company's digital estate. In addition, Cyber AI Analyst now treats incidents as 'open investigations,' with fresh supporting evidence being added to ongoing cases regularly. Cyber AI Analysts' open investigations piece together cross-entity incidents, so a SaaS account takeover can now be linked back to the same compromised credentials used on a local device. In addition, Cyber AI Analysts' open investigations are known for augmenting human analysts by continuously investigating to surface and prioritize the most critical incidents. This procedure is similar to open criminal investigations, in which a single piece of evidence can link two seemingly unconnected crimes. With ever-growing, distinct digital estates, it's vital that Cyber AI Analyst investigations are tailored to their specific circumstances rather than following a one-size-fits-all paradigm with pre-programmed investigative strategies. The on-the-fly technological approach to studies by AI Analysts allows it to identify the needle in a thousand haystacks, which could be essential in linking different compromises. Previously, several events would have been treated as separate incidents. When AI Analyst finds a link between two incidents, it can automatically integrate them. As a result, early adopter customers have seen a 63 percent reduction in total incidents and a 92 percent reduction in the most critical incidents as a result of the shift to open investigations, further reducing time-to-meaning and analyst triage time, allowing customers to focus on macro-level tasks and initiatives. Cyber AI Analyst open investigations can be run manually by a human member of the security team or triggered automatically by a third-party event, such as an alert ingested directly from another security solution, to validate and further contextualize their detections and decisions, in addition to continuously running based on directly observed events. Furthermore, investigations are immediately connected into human and technological ecosystems for consumption, whether through the Darktrace UI, exportable results, or third-party technologies like SIEMs and ticketing systems. "Our Cyber AI Research Centre focused on identifying ways to piece together seemingly disparate activity from different sources and entities to tie multiple possible indicators of compromise closely, This cross-entity approach to incident discovery allows for the automated detection of compromises, and the automated determination of their full scope, without human attention. This influential research evolved to directly impact these key updates that make understanding incidents easier for Darktrace customers." Dr. Tim Bazalgette, Research, and Development Product Lead, Darktrace

Read More