Bugcrowd #1 Crowdsourced Security Company Announces Launch of Bugcrowd M&A Assessment

Bugcrowd | August 20, 2020

Bugcrowd, the #1 crowdsourced security company, today announced the launch of Bugcrowd M&A Assessment (Mergers and Acquisitions), a pre-packaged bundle of security tests that combine remotely-deployed penetration testing with the advanced asset discovery, alerting, attribution, prioritization, and management capabilities of the Bugcrowd platform. Organizations can initiate these tests in 72 hours or less—record time for the industry—and access results in real-time, expediting an evidence-based evaluation of a merger target’s cybersecurity posture.

“By 2022 60% of organizations engaging in M&A activity will consider cybersecurity posture as a critical factor in their due diligence process, up from less than 5% today,” states Gartner in their report, Cybersecurity is Critical to the M&A Due Diligence Process. Gartner also notes that, “the inability to manage the integration of cybersecurity practices poses its own risks.”

Spotlight

Amid all the noise and hype generated by conventional cyber-security systems, most documents such as PDFs and Word files still remain a locked box for the majority of enterprises – hiding potentially malicious content deep inside. These alterations to the structures of everyday files are now the biggest danger to the cyber-security of enterprises around the globe. Yet despite a better understanding of the growing scale of cyberattacks, many enterprises remain vulnerable because the SIEM (Security Information Event and Management) systems that co-ordinate their digital security are unable to monitor or assess these fastchanging and hidden threats.

Spotlight

Amid all the noise and hype generated by conventional cyber-security systems, most documents such as PDFs and Word files still remain a locked box for the majority of enterprises – hiding potentially malicious content deep inside. These alterations to the structures of everyday files are now the biggest danger to the cyber-security of enterprises around the globe. Yet despite a better understanding of the growing scale of cyberattacks, many enterprises remain vulnerable because the SIEM (Security Information Event and Management) systems that co-ordinate their digital security are unable to monitor or assess these fastchanging and hidden threats.

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Credence Security, a Leading Cybersecurity and Digital Forensics Value-Added Distributor, has Launched a New Partner Portal

CREDENCE SECURITY | June 03, 2021

The demand for leading cybersecurity and digital forensics solutions is higher than ever. For over 20 years, Credence Security, a PAN-EMEA specialty distributor, has led in these areas along with governance, risk, and compliance, based in Dubai and regional presence in Johannesburg, London, Nairobi, New Delhi, and Saudi Arabia. Credence Security provides cybersecurity and digital forensics solutions to both public and private sector enterprises through a select network of specialist resellers. In exciting news from the company, in response to its continued rapid growth, Credence Security recently announced the launch of its new Credence Security Partner Portal, which will enable easier deal registration, better tracking of opportunities, and SPIFF programs, access to sales and marketing materials, and much more. This is expected to be a precious tool for the company's resellers. "Our channel partners are one of our most important relationships," commented Philip Cherian, Regional Channel Director. "We paid attention to our partner feedback and enhanced our Channel Partner Program and Partner Experience Portal, doubling down on our commitment to helping them succeed by continuing to invest in our Channel, tools, and infrastructure to support our partners across the region and make it even easier for them to do business with our vendors and us." Credence Security is built on the foundation of 4 focus pillars – Continuous Adaptive Risk and Trust Assessment, Data Protection and Governance, Digital Forensics and Incident Response and Identity, Payments, and Data Security. "The value delivered in all of these areas is something that continues to grow, both as technology advances, but also from the company making every effort to understand the challenges partners and clients face so they can be more effectively addressed," commented Moe Bux, Regional Sales Director. "This strategy has been a key component in Credence Security's success and continued value-added growth." The Credence Security Partner Portal launch arrives on the back of a record-breaking year for the channel team, which saw its best year across the channel in respect of: • Channel team growth • Overall revenue growth generated by our specialist resellers • Partner growth in both geographical as well as vertical expansion ABOUT CREDENCE SECURITY Established in 1999, Credence Security, a PAN-EMEA specialty distributor, is cybersecurity, forensics, governance, risk, and compliance. Unlike most other distributors, we take a consultative "value-add" solution approach; we collaborate with our partners and their customers to understand their needs, both from a technology and business perspective, and then work very closely with our partners to deliver tailor-made solutions. Working closely with globally recognized, award-winning vendors including AccessData, ESET, Entrust, Magnet Forensics, ZeroFox, and Trustwave, Credence Security provides best-in-class, Cybersecurity and Forensics technologies and solutions to protect organizations against advanced persistent threats, malicious adversaries, and internal malpractice.

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BitSight and Glass Lewis Partner to Expand Investor Understanding of Cybersecurity

BitSight | September 28, 2021

BitSight, the standard in security ratings, and Glass Lewis, the leading provider of independent global governance solutions, today announced a strategic partnership to include critical cybersecurity information – comprised of BitSight Security Ratings, data, and insights – with Glass Lewis' Proxy Paper research reports. Information on 20,000+ companies will be included in an effort to help investors better understand how cybersecurity issues may affect their investments. Investor concerns around environmental, social, and governance issues continue to rise, leading to closer examinations of management and board effectiveness in addressing these challenges. Failure to adequately manage cyber risk can materially impact a company's revenue and financial performance. BitSight's Security Ratings and data will supply Glass Lewis clients with data-driven, evidence-based cybersecurity intelligence, which, in turn, will provide new visibility into a dimension of company performance and governance. Investors are mostly in the dark when it comes to the cybersecurity of their investments.Providing Glass Lewis clients with BitSight ratings and data alongside its proxy research reports will deliver the insights necessary to have an enhanced understanding of the efficacy of a company's oversight of cybersecurity risks and outcomes. It's a new era in informing investors about cyber risks. Steve Harvey, BitSight's chief executive officer. "The BitSight Security Rating and insights will allow our clients to identify cyber risk exposure, potentially minimizing both reputational risk and long-term financial losses," said Dan Concannon, Glass Lewis Chief Commercial Officer. "We are excited to include the industry's most respected and widely leveraged Security Rating in our Proxy Paper research reports allowing our clients to address this rapidly expanding risk." The landscape of governance, especially as it pertains to cyber controls, is changing rapidly and institutions from the United Nations to the Securities and Exchange Commission (SEC) are increasingly focused on market transparency for global investors. Beginning in 2011 with its landmark cybersecurity guidance, the SEC has signaled that cybersecurity is a material business risk requiring consistent, adequate disclosure. The SEC created a cyber enforcement unit in 2017, updated guidance in 2018, and recently levied a series of fines at companies over inadequate disclosures of cybersecurity issues. Over 1,300 clients, including most of the world's largest pension plans, mutual funds, and asset managers who collectively manage over $40 trillion in assets, use Glass Lewis' research and technology solutions to inform and facilitate their corporate governance activities. About BitSight BitSight is transforming the way that the global marketplace addresses cyber risk with cybersecurity ratings and analytics. The BitSight Security Ratings Platform applies sophisticated algorithms, producing daily security ratings that range from 250 to 900, to help organizations manage their own security performance; mitigate third party risk; underwrite cyber insurance policies; conduct financial diligence; and improve national security. With 2,300 global customers and the largest ecosystem of users and information, BitSight is the Standard in Security Ratings. About Glass Lewis: Glass Lewis is the leading provider of independent global governance solutions. We enable institutional investors and publicly listed companies to make sustainable decisions based in research and data. We cover 30,000+ meetings each year, across approximately 100 global markets. Our customers include the majority of the world's largest pension plans, mutual funds, and asset managers who collectively manage over $40 trillion in assets. Our core solutions include Proxy Paper proxy research and Viewpoint proxy vote management platform.

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GlobalLogic Announces Partnership with Cybereason to Develop Advanced, Intelligent Cyber Protection Solutions

GlobalLogic_min | December 01, 2021

GlobalLogic Inc., a Hitachi Group Company and leader in Digital Engineering, today announced that it has been selected by Cybereason, the leader in operation-centric attack protection, to help develop its next-generation cyber security platform and services. Deployed by large enterprises, governments, and major cloud providers worldwide, Cybereason’s future-ready attack protection spans across endpoints, the enterprise, the cloud, and everywhere the defenders battle cyber criminals. The collaboration will draw on GlobalLogic’s broad and deep expertise in security and data management software across devices through to the cloud, including the integration of advanced artificial intelligence (AI). The program is one of the largest won by GlobalLogic in this field to date. It requires quickly scaling to hundreds of specialized engineers supporting Cybereason’s development roadmap over the next year. This program scope highlights the market’s need for stronger, better cybersecurity as cloud use, network expansions and other technology usage continued their upward trend and surged during the pandemic. “Cyber threats have become considerably more frequent and sophisticated in recent years. We’ve become dangerously more vulnerable in areas traditional security solutions could not adequately protect—the network and the cloud,” said Rajaram Radhakrishnan, CRO, GlobalLogic. “Having operated in the cybersecurity space for more than a decade, GlobalLogic has become adept at successfully responding to complex requirements. Cybereason is a premier example of a crucial innovator building disruptive defense solutions, redefining what government-grade protection can be. We are honored to now be a part of their team.” Cybereason delivers the most comprehensive protection available on the market today, analyzing more than 23 trillion security-related events per week—five times the volume of any other market solution. Using its patented Malicious Operations (MalOps™) engine, Cybereason reveals the full attack story across every device, user identity, application, and cloud deployment. One of Cybereason’s key solutions delivering this capability is the company’s Extended Detection and Response (XDR) solution—a unified detection and response tool that thwarts malicious operations across the entire IT stack. XDR is one of the several advanced technologies that GlobalLogic’s team will help Cybereason develop and enhance through the partnership. “Cybereason’ operation-centric security approach is helping defenders combat sophisticated and persistent threats to their organizations. While other companies have security analysts chasing alerts without offering valuable insight, Cybereason helps organizations around the world leverage our award-winning technology each day to outthink and outpace attackers,GlobalLogic’s track record along with its responsiveness and collaborative approach to R&D stood out as major factors in finalizing our partnership. Together, we will deliver next-gen cyber defense solutions that will help technology users better control their sensitive data and operations—no matter where they reside.” Sam Curry, Chief Security Officer, Cybereason About GlobalLogic GlobalLogic is a leader in digital engineering. We help brands across the globe design and build innovative products, platforms, and digital experiences for the modern world. By integrating experience design, complex engineering, and data expertise – we help our clients imagine what’s possible and accelerate their transition into tomorrow’s digital businesses. Headquartered in Silicon Valley, GlobalLogic operates design studios and engineering centers around the world, extending our deep expertise to customers in the automotive, communications, financial services, healthcare and life sciences, manufacturing, media and entertainment, semiconductor, and technology industries. GlobalLogic is a Hitachi Group Company operating under Hitachi, Ltd. (TSE: 6501), which contributes to a sustainable society with a higher quality of life by driving innovation through data and technology as the Social Innovation Business. About Cybereason Cybereason is the champion for today’s cyber defenders, providing operation-centric attack protection that unifies security from the endpoint to the enterprise, to everywhere the battle moves. The Cybereason Defense Platform combines the industry’s top-rated AI-powered detection and response (EDR and XDR), next-gen antivirus (NGAV), Anti-Ransomware Protection and Proactive Threat Hunting to deliver context-rich analysis of every stage of a MalOp™ (malicious operation). Cybereason is a privately held, international company headquartered in Boston with customers in more than 40 countries.

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