DATA SECURITY

Cohere Cyber Secure and SecurityScorecard Partner to Improve Cybersecurity of Financial Sector

Cohere Cyber Secure and SecurityScorecard | September 24, 2021

Cohere Cyber Secure today announced a partnership with SecurityScorecard, the global leader in cybersecurity ratings, to deliver cyber ratings to customers and jointly drive market penetration with a single integrated solution. These include the most recognized companies globally across financial services, including various groups surrounding Registered Investment Advisors of Real Estate, Private Equity, Portfolio Managers, Hedge and LBO funds. As part of the partnership, Cohere will embed SecurityScorecard's monitoring capabilities into our security operations via Cohere's SIEM technology to continuously monitor and mitigate potential cyber threats, both on-premise and in the cloud.

"Financial organizations are the biggest target for cyber criminals, and security teams need a comprehensive and compliant cybersecurity strategy that provides in-depth intelligence," says Aleksandr Yampolskiy, CEO at SecurityScorecard. "This partnership provides real actionable insights into the real-time threats facing financial organizations, and ensures that they will maintain the strongest possible security posture and conform to industry compliance standards."

The combined solution from Cohere delivers a 360-degree view and addresses critical security concerns including vulnerability assessment and risk management, threat detection with real-time monitoring, incident response, and regulatory reporting. Partnership customers can review their SecurityScorecard rating and extend this support to their portfolio and vendor firms. This complete solution allows for continuous monitoring that provides an outside-in view into security practices, ensuring that organizations can continue to provide their clients the most secure financial services. Additionally, as a tightly-coupled solution, customers can generate comprehensive monthly or on-demand Cyber health reports for governance boards and regulators.

Security organizations are often hamstrung by only looking within their cyber borders with an inside-out view into their vulnerabilities, and often have to break up monitoring tools with multiple outside vendors. Investors, customers, regulators, CISO's and compliance officers can rest easier knowing our solution keeps your company safe and secure.

Steven Francesco, Chairman and CEO at Cohere Cyber Secure

Scoring more than 11 million companies continuously and on a daily basis, SecurityScorecard provides an objective, outside-in view of cyber risk based on publicly-available data. In addition, the company's technology uses non-intrusive proprietary methods and data feeds continuously monitor covered entities based on 10 risk factors, including endpoint security, patching cadence, and network security, and ultimately delivers an "A" through "F" rating.

About Cohere Cyber Secure
Cohere Cyber Secure is a trusted, single-source provider of technology solutions including, Cybersecurity, Cloud Hosting, Managed IT and UCaaS Services. From its New York City headquarters, Cohere maintains data center facilities throughout North America and key global locations. Additionally, Cohere performs cyber protection assessments and advises companies on regulatory compliance requirements. Our clients include global enterprises that demand high availability, operating diversity and tailored IT solutions. In addition, Cohere's Consulting services provide unparalleled IT expertise that enable strategic planning in Cyber and Compliance Policies, Managed IT and Data Protection Services, Crisis Management/Incident Response, Risk Management and Business Continuity. Cohere's enhanced solutions and dedicated staff simplify the everyday challenges of complex business technologies.

About SecurityScorecard
Funded by world-class investors including Silver Lake Partners, Sequoia Capital, GV, Riverwood Capital and others, SecurityScorecard is the global leader in cybersecurity ratings with more than 11 million companies continuously rated. Founded in 2013 by security and risk experts Dr. Aleksandr Yampolskiy and Sam Kassoumeh, SecurityScorecard's patented rating technology is used by over 22,000 organizations for enterprise risk management, third-party risk management, board reporting, due diligence, and cyber insurance underwriting. SecurityScorecard continues to make the world a safer place by transforming the way companies understand, improve and communicate cybersecurity risk to their boards, employees and vendors. Every company has the universal right to their trusted and transparent Instant SecurityScorecard rating.

Spotlight

The year of 2022 presented both new and evolving trends. We primarily recognized significant activity in five main areas – Russia’s war in Ukraine and its underground implications, the continued popularity and evolution of ransomware, the rise and endurance of initial access brokers (IABs), developments in the malware threat lan

Spotlight

The year of 2022 presented both new and evolving trends. We primarily recognized significant activity in five main areas – Russia’s war in Ukraine and its underground implications, the continued popularity and evolution of ransomware, the rise and endurance of initial access brokers (IABs), developments in the malware threat lan

Related News

DATA SECURITY,PLATFORM SECURITY,SOFTWARE SECURITY

ThreatX Launches Robust Online Training to Increase Access to Cybersecurity Expertise

ThreatX | November 17, 2022

ThreatX, the leading API protection platform, today announced the launch of the ThreatX Academy, an online portal hosting an extensive library of cybersecurity training modules. These courses provide an accessible and approachable opportunity for those looking to begin, or advance, their cybersecurity careers. ThreatX is providing all foundational 100-level content at no charge. Training content spans many areas of cybersecurity, including Application Security, Data Protection and Privacy, Networking, Secure DevOps and Wireless Security, among others. The need for cybersecurity professionals has been growing at a rapid pace, and that demand is expected to continue. The number of unfilled cybersecurity positions worldwide grew 350% between 2013 and 2021 (from 1 million to 3.5 million). Further, it is predicted that the same number of jobs will still be open in 2025. This cybersecurity skills gap, along with the accelerated pace at which both technology and cyberattackers’ tactics are evolving, has made protecting digital assets increasingly difficult for businesses. In fact, 80% of organizations suffered one or more breaches due to a lack of cybersecurity skills and/or awareness within the last 12 months, underscoring the need for solid and robust training content. Alongside Massachusetts-based training company, Security Innovation, ThreatX developed more than 140 hours of online security training videos beginning at an introductory level and progressing to more advanced subjects, such as Blockchain Security and Automating Security Updates. All 100-level content will be available free of charge, while 200 and 300-level content will be accessible via subscription. Through the integrated learning management platform, users will be able to consume the content in sequential fashion and earn certifications. The ThreatX Academy experience is powered by Raven360, a Massachusetts-based digital Academy business. ThreatX will share all content, free of charge, with select nonprofit organizations, including participants of the Massachusetts Rehabilitation Commission’s (MRC) Networking Technology Program. In addition, ThreatX Academy has partnered with (ISC)2 and is now an approved (ISC)2 CPE Submitter Partner. ThreatX content may count toward (ISC)2 CPE credits. (ISC)², is an international nonprofit cybersecurity professional organization. Through (ISC)², members can earn several well-established security certifications, including: CISSP Certified in Cybersecurity SSCP - Security Administration CCSP - Cloud Security CSSLP - Software Security In order to maintain these certifications, members must earn Continuing Professional Education (CPE) Credits. Through ThreatX’s partnership with (ISC)², security practitioners will now be able to earn CPE Credits for consuming ThreatX Academy content. “Cybersecurity is a continuous learning experience, and the need for training resources in the industry is only growing stronger. “We are excited to announce the launch of ThreatX Academy, and we look forward to advancing the program in the future as part of our broader effort to close cybersecurity’s ongoing talent gap.” Gene Fay, CEO of ThreatX About ThreatX ThreatX’s API protection platform and complete managed services make the world safer by protecting APIs from all threats, including DDoS attempts, complex botnets, zero-day and multi-mode attacks. ThreatX applies artificial intelligence and machine learning to detect and respond to even the slightest indicators of suspicious activity in real-time. Today, ThreatX protects APIs for companies in every industry across the globe.

Read More

DATA SECURITY,PLATFORM SECURITY,SOFTWARE SECURITY

Mendix and Software Improvement Group Introduced a New Cybersecurity Solution

Mendix | January 24, 2023

Mendix, a Siemens business and world leader in modern enterprise app development, and Software Improvement Group (SIG), a unique technology and advisory firm for software quality, security, and improvement, have announced the launch of Mendix Quality & Security Management (QSM), a new cybersecurity solution that provides continuous deep-dive insights into security and code quality to address risks and vulnerabilities immediately. Sigrid®, SIG's software assurance guidance platform, powers Mendix QSM. It delivers a complete perspective on the effect of security findings on business goals by combining more than 20 top-tier security scanning technologies. With Mendix QSM, the users can scan their Mendix apps, including third-party libraries, for security flaws and incorrectly configured security models, rank for compliance with major industry standards such as OWASP, ISO 5055, and PCI, and receive risk mitigation recommendations and clear guidance. Mendix QSM is based on application model static analysis. SIG experts have mapped Mendix models to the ISO 25010 maintainability model using Mendix model metadata. This enables its applications to be compared against a database of thousands of projects, including open-source initiatives. Mendix QSM also presents a five-star rating of the quality of the software. About Mendix Mendix is an industry-leading low-code application development platform for enterprises. With Mendix, you can transform a spreadsheet into an app, establish a portfolio of enterprise-wide apps, and upgrade a core system, among other things. In addition, the platform provides continuous collaboration between software developers and users, speeds up the application development lifecycle, and enables iterative deployment at scale. As a result, businesses can rapidly develop modern, adaptable applications with a tool that maintains the highest levels of security, quality, and governance. The platform has been used by over 4,000 of the world's leading enterprises. Mendix is a division of Siemens. About Software Improvement Group (SIG) Software Improvement Group (SIG) assists companies in gaining confidence in the technology they trust. Its mission is to get the software right for a healthier digital world by combining intelligent technology with human expertise. It drills into the build quality of enterprise software and architecture by monitoring, measuring, and benchmarking it against the world's largest software analysis database. As a result, organizations can use software assurance to uncover the variables driving the total cost of ownership of the software and make fact-based decisions to lower costs, reduce risk, improve time to market, and accelerate digital transformation.

Read More

DATA SECURITY,PLATFORM SECURITY,SOFTWARE SECURITY

Sevco Security Introduces First Cybersecurity Asset Attack Surface Dashboards

Sevco Security | December 14, 2022

Sevco Security, the cloud-native security asset intelligence platform for enterprises that want an accurate IT inventory, today introduced the industry’s first cybersecurity asset attack surface analytics dashboards. The new dashboards extend the Sevco platform to give CISO and IT leaders deep insights into the security coverage and state of their IT assets, enabling security teams to identify and eliminate security gaps in the enterprise cyberattack surface. Enterprise environments increasingly include a wide range of hardware, software, mobile devices, cloud infrastructure, and other IT assets as the fundamental backbone for operating the business and engaging with customers. However, with management of assets often spread across departments and geographies, it has become increasingly difficult for executive leadership to understand the security state of all their assets and to maintain accuracy in a dynamic environment. Equally challenging is the inability to gain insights into abandoned or stale IT assets to effectively mitigate the security risks that they introduce. Complex enterprise environments are increasingly experiencing incomplete security coverage with upwards of 19% of assets that have missing or stale security controls like endpoint protection and patch management. The new Sevco Security dashboards fill a critical gap in cybersecurity attack surface management by providing context-based analysis of enterprise-wide assets that surfaces risks associated with IT hygiene, compliance, and policy enforcement. “As organizations innovate and expand their asset footprint, they must have seamless visibility into the security state of their assets because they cannot manage what they cannot measure. “Sevco Security delivers the critical data for CISOs to thoroughly understand their cybersecurity asset attack surface and confidently report their defensive security posture to the board.” J.J. Guy, co-founder and CEO of Sevco Security With the new expansion to its platform, Sevco Security provides customers with data rich and customizable dashboard reports, including: Security coverage: Provides critical insights on asset security controls, allowing customers to identify gaps in coverage and proactively protect the previously unknown attack surface. This also empowers companies to manage internal governance and regulatory compliance requirements to monitor and validate that their security investments are fully deployed. Asset snapshots: Captures the detailed attributes of the assets across the infrastructure, such as IP address, user, and operating system so customers can quickly see the state of any device at any point of time. With asset snapshots, incident response and IT team members can quickly identify when an asset change occurred and manage decisions on restoring an asset to a previous state. Timeline trending: Enterprise assets are tracked on a daily trendline empowering IT and security leaders to gain context of what’s typical for their environment and to readily view spikes and outlier activity. Out-of-the-box trending data is automatically captured for total devices, new devices, inactive devices in the last 15 days, total users, and new users. Custom, interactive dashboards: In addition to the pre-built dashboards, users can create and save unlimited queries on their asset telemetry to produce customized insights dashboards. This puts asset data analysis at users’ fingertips, providing an easy way to obtain tailored insights in a top-level dashboard. All dashboards are interactive, allowing users to ‘click’ and drill deeper into the data for pinpoint clarity on a particular area of interest. Complex asset environments are a normal operating fabric for businesses. Sevco Security is dedicated to helping organizations capture a comprehensive view of their asset ecosystem and readily identify and address any security risks they pose. The new cybersecurity asset attack surface dashboards are now available to customers. About Sevco Sevco Security is the cloud-native security asset management platform for enterprises that require an accurate IT inventory. Its patented telemetry technology creates a unified inventory that is updated continuously to deliver real-time asset intelligence and help security and IT teams identify and close their previously unknown security gaps. Founded in 2020 and based in Austin, Texas, Sevco is backed by SYN Ventures, .406 Ventures, Accomplice and Bill Wood Ventures.

Read More