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.
Exabeam | June 09, 2022
Exabeam, a pioneer in Next-Generation SIEM and XDR, announced today its intention to construct and evolve its modern cloud-native security information and event management (SIEM) and cybersecurity analytics solutions on Google Cloud. The move provides global security teams with endless data ingestion, speed, and scale options in their continuous battle against more sophisticated cybersecurity threats over an ever-expanding attack surface.
“Exabeam is unlike any other SIEM vendor in that we leverage our machine learning-based, cyber analytics product to help security teams be more efficient. With this next version of our product, we will now become completely cloud-native offering unparalleled performance, scale, and cost efficiency. Exabeam is built by security people for security people.”
Michael DeCesare, CEO and president, Exabeam
Gerrit Kazmaier, Vice President and General Manager, Data Analytics and Business Intelligence at Google Cloud said that “Addressing and protecting data from security threats and attacks is a business-critical focus that is constantly evolving. We look forward to continuing our work together to create products that help companies securely leverage their data at cloud scale.”
Adam Geller, chief product officer, Exabeam said that “After looking at several cloud players in the market, we selected Google Cloud, specifically the Data Analytics family of products including BigQuery, Dataflow, and Looker, because of its hyperscale, speed, and ability to support the type of technically advanced products we build at Exabeam. Google Cloud has enabled us to greatly accelerate our own security platform and product innovation resulting in state-of-the-art features and capabilities that can finally overcome the data proliferation and threat detection, investigation, and response (TDIR) challenges faced by security operations teams today.”
Exabeam has been named a Leader with the highest ability to execute in the 2021 Gartner Magic Quadrant for SIEM for the third time in a row, joining a rapidly growing list of technology companies that power their products and businesses with Google data cloud products like BigQuery, Looker, Spanner, and Vertex AI.
LogRhythm | July 06, 2022
LogRhythm, the company helping busy and lean security operation teams save the day, today announced the launch of version 7.9 of the LogRhythm SIEM Platform and updates to LogRhythm NDR and LogRhythm UEBA.
“LogRhythm arms security teams with intelligent analytics and automated responses to reduce cybersecurity exposure, eliminate blind spots and quickly shut down attacks,” said Kish Dill, chief product and customer officer at LogRhythm. "The company is changing the way we work by becoming customer-centric throughout our whole organization. We are listening to our customers and promise to deliver quarterly innovations that address the challenges our customers face every day. We recognize that security teams don’t have time to spare on long processes and inefficient workflows. With these latest updates, security teams will have the tools they need to make operations more effective and efficient to defend their organization against today’s top threats.”
LogRhythm 7.9, LogRhythm NDR and LogRhythm UEBA (formerly CloudAI) provide new features designed to help security teams overcome everyday obstacles by accelerating threat response, improving workflows and simplifying processes, including:
Faster time to value through improved analyst workflows
Enhanced automation with Admin API: LogRhythm 7.9 improves the Admin API by adding system monitoring management (LogRhythm SysMon) endpoints to the API library. This enables SIEM administrators to connect through the Admin API and manage the SysMon agent, allowing for automated process batching.
Embedded Expertise: LogRhythm accelerates customer time to value through its out of the box LogRhythm SmartResponse™. LogRhythm 7.9 includes added and enhanced SmartResponses to its already extensive library of over 120 integrations.
Enable packet capture in UI: LogRhythm NDR users can download PCAP files for specific incidents and cases to pull in more detail, helping investigations and improving threat hunting.
Easier and faster event log filtering: LogRhythm 7.9 includes a new way to filter logs at the agent. Users can now select the types of Windows event logs the agent queries, accelerating the time to process logs and removing the burden on the collection pipeline.
Expanded threat detection capabilities
Enhanced LogRhythm NDR detection models: Users can detect a wider array of ransomware attacks with LogRhythm NDR’s improved analytics capabilities.
Advanced analytics models: LogRhythm UEBA offers advanced UEBA analytics as a cloud-native, easy to deploy add-on for LogRhythm 7.9 users. Models were improved and new models added to ensure today's complex attacks can be detected and anomalies requiring priority attention can be identified, further reducing alert fatigue and accelerating response times.
Policy violation alerts: LogRhythm NDR offers alerts about expired certificates, weak ciphers used in connections, and authentication activity happening in clear text, offering additional context to what could represent a risk.
Controlled overages with powerful license metering reporting: LogRhythm added a new reporting feature to make licensing overages more visible and easier to understand by displaying any overages in the past 30 days. This feature will help teams better manage license usage and costs.
Expanded endpoint integrations: LogRhythm now includes Cisco Secure Endpoint (formerly AMP for Endpoints) in its family of EDR integrations.
LogRhythm helps busy and lean security operations teams save the day — day after day. There’s a lot riding on the shoulders of security professionals — the reputation and success of their company, the safety of citizens and organizations across the globe, the security of critical resources — the weight of protecting the world.