CyberProof | June 22, 2022
CyberProof, a UST company, announced a partnership with Microsoft and can provide Managed Extended Detection and Response (MXDR) capabilities for Microsoft Security Services for Enterprise, a new managed service for large enterprise customers that is part of Microsoft's new security services portfolio. Microsoft Security Services for business is a comprehensive, expert-led service that manages onboarding, everyday interaction, practice modernization, and incident response by combining proactive threat hunting and MXDR with devoted Microsoft security experts. The service extends threat detection and response across Microsoft 365 Defender and Microsoft Sentinel security solutions by leveraging the human expertise and service delivery experience of MXDR providers like CyberProof and internal Microsoft teams.
Customers can mitigate the cybersecurity risks associated with digital transition by leveraging CyberProof's experience with the most difficult, enterprise-scale changes. The CyberProof Defense Center platform runs on Microsoft Azure natively and connects with the Microsoft Security Stack. This allows CyberProof to assist organizations in addressing critical difficulties as they grow their security operations, ranging from log gathering and analysis to proactive search for malicious threat behavior.
CyberProof's nation-state qualified cybersecurity professionals offer Managed XDR services and experience to companies wishing to transition from old on-premises security solutions to cloud-native protection. CyberProof partners with Microsoft as a Microsoft Gold Partner, with R&D teams in Tel Aviv working closely together to provide customers with end-to-end security services such as advanced threat intelligence and hunting, use case engineering, and vulnerability management.
Microsoft's entry into this industry validates the importance of sophisticated MXDR services, which are quickly rising. Gartner predicts that by 2025, half of enterprises will be employing MDR services for threat monitoring, detection, and response tasks that provide threat containment and mitigation capabilities.
"Our Managed XDR service offering indicates a shift in security operations supported by cloud-native technology. Forward-thinking CISOs are quickly discovering the many benefits of a cloud-native security architecture and we are helping them solve the most complex challenges as co-innovation partners with Microsoft." He continued, "We are proud to work together with Microsoft as a part of Microsoft's partner community and are excited about the process Microsoft is undergoing," said Tony Velleca, Chief Executive Officer, CyberProof.
"CyberProof shares Microsoft's belief in the crucial importance of collaborating within the cybersecurity community to improve customers' threat detection and response capabilities. As members of Microsoft's partner community, we are now offering Managed XDR for Microsoft 365 Defender and Microsoft Sentinel in our portfolio." He added, "CyberProof was among the first to deploy Microsoft Sentinel in a highly regulated, global enterprise, and today, our close partnership with Microsoft is expanding to address the increasing demand for Managed XDR services."
Yuval Wollman, President, CyberProof
"CyberProof is committed to collaboration within the cybersecurity community. We value CyberProof's capabilities in cyber defense and appreciate the team working with us to improve the ability of our customers to predict, detect, and respond to security threats faster." said Kelly Bissell, Corporate Vice President of Security Service Line, Microsoft.
Zscaler | June 23, 2022
Zscaler, Inc., the global leader in cloud security, unveiled today new breakthrough AI/ML innovations driven by the world's largest security cloud for unsurpassed user protection and digital experience monitoring. The new capabilities expand Zscaler's Zero Trust Exchange security platform, allowing companies to implement a Security Service Edge (SSE) that safeguards against the most advanced cyberattacks while providing an outstanding digital experience to users and easing zero trust architecture adoption.
Cyberattacks on encrypted internet traffic have increased 314%, ransomware has increased 80%, and double extortion attacks have increased roughly 120%. Phishing is also on the rise, with businesses such as finance, government, and retail experiencing yearly increases in assaults of more than 100% in 2021. Organizations must adjust their defenses to real-time risk changes in order to battle growing threats. However, lean IT and security teams are facing security alert fatigue as they become more exposed to real-time attacks, and they frequently lack the resources and capabilities to adequately analyze and respond to the rising amount of threats.
Zscaler is tackling these difficulties by offering one-click root cause analysis to rapidly identify the issues causing bad digital experiences, freeing up IT and security teams from debugging and allowing them to focus on preventing attacks. AI-powered security assists IT workers by automating threat detection in order to provide better and quicker protection.
“Cybercriminals are using AI, automation, and advanced techniques to train machines to hack or socially engineer victims faster than ever before. To help our customers combat these escalating techniques, we’ve dramatically advanced AI and machine learning in our cloud to take advantage of our massive data pool, giving our customers granular real-time risk visibility and a solution to combat attackers that no other security vendor can provide.”
Amit Sinha, President, Zscaler
“Delivering seamless digital experiences, from employee devices to the applications they need, goes hand in hand with securing our sensitive business applications and data, no matter where it resides. Zscaler’s integrated cloud platform helped us effortlessly adopt a zero trust architecture, reduce risk, accelerate our digital transformation, and achieve business goals.” said Darren Beattie, Modern Workplace and Security Operations Manager at Auckland New Zealand-headquartered Tower Limited.
“With Zscaler’s AI-powered Zero Trust platform based on a SSE framework, we are able to augment and expand the reach of our IT and security team to stop the growing frequency of advanced cyberattacks. The threat landscape is constantly evolving, and these new AI capabilities will effectively enable us to see real-time changes in risk, automate our response process, and stay ahead of the attackers,” said Stephen Bailey, Vice President of Information Technology at Cache Creek Casino Resort.
CertiK | July 16, 2022
CertiK, the leading global Web3 and blockchain security firm, today announced the launch of several web3 Skynet security features to bolster end-to-end security for the web3 world. New features include:
Skynet Trust Score - a new scoring mechanism aimed at simplifying the definition of crypto project risk, increasing transparency into scoring mechanisms and demonstrating market health.
Skynet Cohort Analysis Panel - a way for projects to see how they rank against other similar projects in order to help users contextualize the risk of a project by displaying its performance against comparable projects.
Badges and honors for project achievements to strengthen credentials in their respective fields
The Skynet service, launched in June 2021, uses a comprehensive set of signals, curated from code scanning analysis, on chain security analytics, and machine learning to provide 24/7 monitoring of threats for crypto projects. To date, Skynet has helped to protect and monitor over 4 billion transactions.
As part of its strategy, CertiK set out on a mission to address both business and consumer value services through its security leaderboard found on its website. Delivering on this promise, CertiK’s release of new Skynet features provides further simplicity and transparency to consumers around project risk, while also giving credit to projects where needed through badges and honors.
“We’re very excited to launch these new Skynet features. “Through feedback from customers and the community, we’ve recognized the need to innovate around security risk in a simpler way that caters to both business and consumer needs. This is just the beginning of our journey as we continue to innovate in response to community needs and deliver on our promise of securing the web3 world.”
Kevin Liu, Chief Product Officer at CertiK
As part of its portfolio expansion, CertiK also recently released on its Twitter an autonomous security alert channel, which provides real-time alerts to the community on hacks, flash loan attacks, rugpulls and suspicious activity. To date, CertiK has flagged over $1.45 Billion in security incidents since the release of the service in February this year.
The growing demand for Web3 security has driven further development and operation of more innovative and data-driven security products for the blockchain industry. CertiK is meeting these demands through innovative products like Security Leaderboard, Code Auditing, KYC and now this next series of Skynet security features.
CertiK’s mission is to secure the Web3 world. Starting with blockchain, CertiK applies cutting-edge innovations from academia into Enterprise, enabling mission-critical applications to be built with security and accuracy. Headquartered in New York City, CertiK was founded by computer science professors Ronghui Gu and Zhong Shao. CertiK is backed by industry leaders, including Insight Partners, Tiger Global, Sequoia, Coatue Management, Advent International, Goldman Sachs, Lightspeed, SoftBank Vision Fund 2, Hillhouse Capital, Binance, Coinbase Ventures, and more.