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.


Få råd om hur du kan förbättra organisationens säkerhet genom att hitta ställen där säkerheten inte kommit i främsta rummet, mildra riskerna och snabbt reagera på riktade attacker. Ladda ner e-boken "Anatomy of a Breach: How Hackers Break In—and How You Can Fight Back" och läs om: de fyra stegen i ett cyberangrepp hur du skyddar


Få råd om hur du kan förbättra organisationens säkerhet genom att hitta ställen där säkerheten inte kommit i främsta rummet, mildra riskerna och snabbt reagera på riktade attacker. Ladda ner e-boken "Anatomy of a Breach: How Hackers Break In—and How You Can Fight Back" och läs om: de fyra stegen i ett cyberangrepp hur du skyddar

Related News


SafeBase Raises $18 Million Series A Round

SafeBase | March 14, 2022

SafeBase, Inc., a smart trust centre that streamlines the security assessment process for B2B SaaS companies, today announced that it has raised $18 million in a Series A round led by global venture capital firm New Enterprise Associates (NEA), with participation from Y Combinator and Comcast Ventures, the corporate venture capital arm of Comcast Corporation. SafeBase has over 100 customers, including Linkedin, Jamf, and Snyk, a cybersecurity firm. The funding will be used to expand the company and hire more employees. SafeBase is a smart trust centre that allows a company's security posture to be shared and critical document access to be automated. The SafeBase portal gives organizations "self-serve" access, enabling InfoSec teams to understand everything about a company's security programme, shortening the sales cycle and increasing client trust by providing total visibility. Enterprise adoption of new technologies has traditionally been hampered by security evaluations. As per a recent survey released by TechBeacon, cybersecurity investment would reach $174 billion in 2024, with 69 percent citing regulatory compliance as the key spending driver. Moreover, third-party breaches are growing more prevalent, with 80% of companies reporting at least one breach in the last year. Assessing overall security is critical when considering new corporate technology from a third-party vendor, but it can be a lengthy and time-consuming procedure. SafeBase is built to automate access and deliver security and compliance data for industry standards like GDPR, HIPAA, and SOC2. Hilarie Koplow-McAdams, Venture Partner, NEA said that "Security reviews are notorious for being disjointed and often complicated—which consequently leads to delayed sales cycles and implementations. SafeBase has developed a long-desired solution that streamlines and automates security reviews within a single platform, giving customers the confidence to make faster decisions for new technology. The product has already displayed impressive market traction and we're thrilled to partner with the SafeBase team as they continue to pioneer the future of vendor security for organizations globally." Al Yang, CEO, and Adar Arnon, CTO, founded SafeBase after meeting at Harvard and being accepted into Y Combinator's accelerator programme during the Pandemic. Adar served in the Israeli Defense Forces Unit 8200 before to Harvard, therefore the business has excellent engineering teams in both the United States and Israel. Al is a serial entrepreneur who has seen the agony and inefficiencies of vendor security evaluations firsthand. They're on a mission to make the world a better place by enabling organizations with strong security systems to earn a competitive advantage in the sales process. "At SafeBase, we want all companies, regardless of size or sector, to be able to easily communicate their security posture to the world. We're very proud that the investors at NEA share our vision and want to help us bring it to every company that's serious about building and maintaining trust with its customers." Al Yang, CEO of SafeBase SafeBase helps business development and sales teams to expedite security and compliance processes for businesses integrating third-party technology providers, in addition to security and compliance challenges in the sales process. From an organized, interactive dashboard, information security personnel may now view all the data of a company's security programme.

Read More


IronNet launches AWS Marketplace Premium Professional Services

prnewswire | December 09, 2020

IronNet Cybersecurity, an innovator in Network Detection and Response and Collective Defense, reported today that it is one of the principal Amazon Web Services (AWS) autonomous programming sellers to offer its expert administrations in AWS Marketplace. AWS clients would now be able to discover and buy Red Team, Hunt, and Security Advisory administrations from IronNet in AWS Marketplace, a curated computerized list of programming, information, and administrations that makes it simple to discover, test, purchase, and convey programming and information items that sudden spike in demand for AWS. IronNet offers AWS clients the capacity to handily cite and agreement benefits in AWS Marketplace that assist clients with surveying their cloud and organization security. Inside AWS Marketplace, AWS clients can likewise investigate IronNet's security arrangements, which help ensure undertakings against the most basic digital dangers focusing on enterprises today. As associations relocate to the cloud, they are searching for top tier security capacities and expert administrations, similar to those offered by IronNet. With proficient administrations from IronNet accessible in AWS Marketplace, clients have an improved method to buy and be charged for both programming and related administrations in a brought together spot. Clients can additionally smooth out their acquisition of programming with standard agreement terms to improve and quicken acquirement cycles. "IronNet is honored to participate in this launch and to offer our professional services through AWS Marketplace," said IronNet co-CEO Bill Welch. "Our team is dedicated to helping companies evaluate their overall cybersecurity posture and develop customized strategies to enhance their defenses with our Network Detection and Response and Collective Defense capabilities. We're pleased to be able to make it as easy as possible for AWS customers to obtain these critical services and software from one centralized location, in AWS Marketplace." About IronNet Cybersecurity Founded in 2014 by GEN (Ret.) Keith Alexander, the former Director of the National Security Agency and Founding Commander of United States Cyber Command, IronNet Cybersecurity is a global security leader that revolutionizes how organizations secure their networks by delivering the first-ever Collective Defense platform operating at scale. Employing a large number of former NSA and U.S. Cyber Command cybersecurity operators with offensive and defensive cyber experience in both the government and the private sector, IronNet integrates deep tradecraft knowledge into its industry-leading products to solve the most challenging cyber problems facing enterprises today.

Read More


Frost & Sullivan Awarded the 2020 Technology Innovation Leadership Award Securethings

Frost & Sullivan | January 24, 2022

Frost & Sullivan has awarded the 2020 Technology Innovation Leadership Award based on their recent analysis of the Indian automotive cybersecurity solutions market. By providing continuous vehicle monitoring to detect unknown behaviors and threats, the company takes a holistic approach to solve cybersecurity risks in connected vehicles. SecureThings sets itself apart from the competition with its comprehensive, multi-layer, in-depth defense cybersecurity solutions for electric vehicle manufacturers, fleet owners, OEMs, Tier I suppliers, telematics device vendors, and mobility service providers. SecureThings provides end-to-end vehicle security solutions based on a five-pronged approach: detection, reaction, recovery, identity, and protection. Using patented machine learning-based solutions, we are the leading source of in-vehicle cyber security for OEMs, Tier 1 Suppliers, and Subsystem Manufacturers. OEMs shared services operators and fleet managers can use the company's threat intelligence and cloud security technology to get complete control, extensive monitoring, and effective resolution procedures. The SecureThings Cloud platform provides active defense by integrating external vulnerability searches and new attack chains with the correlation engine of the automobile security operations center. Furthermore, the platform gives precise information and insights into fleets' potentially vulnerable cars, allowing for proactive risk mitigation measures. As a result, OEMs can use safe over-the-air upgrades to detect and fix major and dangerous cybersecurity flaws. "SecureThings offers detailed and customized protection solutions for real-time in-vehicle, network, and in-vehicle network use cases,"Real-time in-vehicle protection provides three security layers to protect a vehicle from various attacks. The first layer secures physical and remote interfaces from any unwanted code entering the automobile's systems. The second layer delivers protection from memory-based attacks, such as memory corruption and buffer overflow attacks. The final layer protects the entire vehicle network by leveraging machine learning software, ensuring security by identifying threats through real-time intelligence." Kaushik Madhavan, Vice President - Mobility at Frost & Sullivan SecureThings has carved out a niche in the industry by offering specialized services like cybersecurity assessment, penetration testing, and ethical hacking to OEMs, Tier 1 suppliers, and mobile service providers. To assure zero exposure, the company's research and advisory staff hunts for and analyses risky autos and devices. In addition, SecureThings' research lab brings together a strong group of industry professionals in enterprise cybersecurity, in-vehicle security, machine learning, and Big Data analytics to offer best practices for implementing robotic cybersecurity solutions to mitigate risks. "SecureThings' protection solution design incorporates deterministic, and machine learning approaches that help customers achieve significant improvements in their cyber defense ratings," noted Madhavan. "Leveraging its industry-leading technologies; advanced research labs; and a cost-effective, customized solution, SecureThings aims to incorporate innovative products and services in its portfolio in the coming years." This award is given by Frost & Sullivan every year to the company that has developed a product with novel features and functionality that is quickly gaining market adoption. The award honors the solution's excellence and the client value additions it enables. Companies in several regional and global markets are honored with Frost & Sullivan Best Practices Awards for exhibiting remarkable achievement and superior performance in leadership, technological innovation, customer service, and strategic product creation. Industry analysts use in-depth interviews, analysis, and extensive secondary research to compare market participants and analyze performance to find the best practices in the industry.

Read More