Data Security

CyberHat secures $15 million in funding to expand its CYREBRO Enterprise-Level Cybersecurity Protection to Small and Medium-Sized Businesses

CYREBRO | April 22, 2021

CYREBRO, the one-of-a-kind SOC as a stage arrangement by CyberHat declared today it has gotten $15 million in Series B financing, driven by Prytek, with support from InCapital, Mizrahi Bank, and past financial backer, Mangrove. This brings the complete organization subsidizing raised to date to $22M.

Upheld by a group of digital specialists, CYREBRO is democratizing admittance to best-of-breed network safety assets, changing how organizations today run their security tasks to rapidly react to and relieve digital dangers. CYREBRO is the principal innovation freethinker cloud-based security tasks focus (SOC) that is spearheading the SOC-as-a-Platform model. CYREBRO applies extensive endeavor level information security to associations against new dangers that have emerged from the distant workplace, including under-resourced private companies that have become ideal objectives for digital assaults.

The new subsidies will be utilized to extend CYREBRO's SOC-as-a-Platform to fulfill the detonating need for vigorous, versatile, straightforward, and basic security activities arrangements. Bringing to bear aptitude and conveying bespoke answers for undertakings across businesses, the subsidizing will speed up carry out of its contribution to the little to-medium estimated (SMB) market, separating hindrances to getting to fundamental network protection arrangements beforehand unattainable to the SMB client. Ludicrous year alone more than 47% of independent companies have encountered an information break or digital assault, and these occurrences can cut down a whole organization.

CYREBRO empowers organizations to unify online activities of the whole security stack, putting the force of big business grade SOC into the moderateness and adaptability of cloud-based assistance.

"CYREBRO is the subsequent stage in the advancement of working network safety and we are pleased to pioneer the SOC as a staged market," clarified Nadav Arbel, CEO of CyberHat. "Getting this round with our new and existing financial backers will empower us to speed up the improvement of CYREBRO and reinforce our range in the SMB market. We have made it our central goal to empower 1st-grade security tasks for associations of any size and any innovation stack, and all things considered, we are exceptionally eager to see the colossal development in CYREBRO customers across the globe."

CYREBRO's SOC stage is upheld by a group of cutting-edge digital examiners and measurable agents good to go, 24x7. The stage coordinates with any current security frameworks, devices, and programming, including all cloud-based stages and interior organization gadgets. CYREBRO offers a "turnkey" answer for SOC necessities, including the SIEM innovation (whenever required), danger chasing, danger insight, full-level investigators, analytical capacities, and a top notch IR accessible as needs are. Many universally settled organizations have effectively picked CYREBRO as their digital tasks stage to safeguard against information penetrates and assaults. This incorporates SMBs just as a basic foundation and enterprises like clubs, worldwide retailers, banks, insurance agencies, and other Fortune 500 organizations. Presently every SMB will approach these equivalent undertaking apparatuses and digital assurance assets.

"Prytek bunch, through our corporate endeavor arm, is eager to put resources into CyberHat. Cyberhat's answer will provide for our oversaw administrations to arm extra SOC capacities per request," said Arnon Shiboleth, Prytek Co-CEO. "We anticipate cooperating with the group as they keep on growing the innovation into new business sectors to satisfy the worldwide need."

About CYREBRO

CYREBRO was established in 2013 by CyberHat to help organizations take digital security to new and exceptional statures. Today, our central goal is to change network safety tasks by putting the force of an undeniable Security Operations Center (SOC) in the possession of any client in any association. Our group of head network protection specialists has built up the business' first on the web, innovation freethinker SOC-as-a-Platform. From vital observing to proactive danger chasing, sped up episode reaction, and upgraded consistency, we cover the full extent of safety needs.

About Prytek

Prytek imagined a news idea of a Business Operating Platform as a Service permitting banks to rethink whole activities. Prytek works in training, monetary help, digital and HR areas.

Spotlight

How prepared was your organization for the pandemic of 2020? If your answer is “not very,” you are not alone. Few could have predicted the circumstances that sped up the work from home (WFH) movement and catapulted remote access to the forefront for many organizations. Prior, there was a steady trend by some to support geographi

Spotlight

How prepared was your organization for the pandemic of 2020? If your answer is “not very,” you are not alone. Few could have predicted the circumstances that sped up the work from home (WFH) movement and catapulted remote access to the forefront for many organizations. Prior, there was a steady trend by some to support geographi

Related News

Enterprise Security, Platform Security, Software Security

Kivu Launches New Managed Security Services for Cloud and Identity Threat Detection and Response

PR Newswire | August 18, 2023

Kivu Consulting, a premier global cybersecurity solutions provider, is proud to introduce two new managed security services: Cloud Detection and Response and Identity Threat Detection and Response. Powered by CrowdStrike, as part of Kivu and CrowdStrike's elite MSSP partnership, these innovative services are designed to equip clients with new capabilities to address the expanding technology attack surface and continued targeting of digital identities by cyber threats. Cloud Detection and Response: Kivu's Cloud Detection and Response service is a fully managed solution engineered to support cloud and hybrid environments. Key features include: Identification and alerts for cloud accounts, infrastructure misconfigurations, and compliance violations. Detection and prevention of cloud account and control plane threats. Resolution of vulnerabilities and misconfigurations in Cloud workload. Runtime detection and response for container and function-based applications. Identity Threat Detection and Response: Kivu's Identity Threat Detection and Response service integrates seamlessly with Active Directory and cloud-based identity stores to provide: Real-time threat detection using AI-based behavioral analytics for actionable insights. Early identification of threats before systems and data are impacted. Identity scoring and enforcement of robust authentication for risk-based remediation. Implementation of Zero Trust Principles. "As a leading incident response firm, we are observing daily how the threat landscape changes. Remote work has surged post-pandemic, the cloud has become a predominant IT delivery model, and zero trust is a priority," said Gary Alterson, Vice President of Kivu's Managed Security Services. "Our Cloud and identity managed services address modern threats and ensure we are providing the best possible security outcomes for our clients." "The steady increase in compromised credentials magnifies the importance of identity threat protection, and Kivu is determined to address this critical client need," said Shane Sims, CEO of Kivu Consulting. "With the launch of our expanded managed security services, Kivu continues to lead in providing trusted solutions to our clients and cybersecurity ecosystem partners." About Kivu Consulting Kivu is a leading global cybersecurity firm that offers a full suite of pre- and post-incident services, specializing in the forensic response to cyberattacks and ransomware incidents. We deliver cutting-edge cybersecurity solutions to organizations in need and are a trusted cyber incident partner to insurance carriers and law firms worldwide. Visit KivuConsulting.com.

Read More

Enterprise Security, Platform Security, Software Security

Cyware Raises $30 Million to Accelerate Expansion of AI-Powered Global Cyber Fusion and Threat Sharing Networks

Businesswire | July 05, 2023

Cyware, the leading provider of AI-powered Cyber Fusion platforms for enterprises and MSSPs, and automated threat intelligence sharing for information sharing networks, today announced a $30 million Series C financing round led by Ten Eleven Ventures, a leading multi-stage investment firm specializing in cybersecurity. Also participating are previous investors including Advent International, Zscaler, Emerald Development Managers, Prelude (the venture practice at Mercato Partners) and Great Road Holdings. The Series C financing comes as Cyware has experienced strong year-over-year growth propelled by robust market adoption, excellent customer retention, and extraordinarily large market access. Since Series A financing, Cyware has shown growth of 6x and consolidated its position as an industry leader for threat intelligence automation, security orchestration, and collaborative threat response solutions. Earlier this year, Cyware achieved FedRAMP Ready status for its Cyber Fusion platform and was named one of the most innovative and promising cybersecurity companies by JMP Cyber 66, as well as being recognized in the 2022 Deloitte Technology Fast 500 as one of the Fastest Growing Technology Firms in North America. Cyware’s cloud-based platform is leveraged by top Fortune 1000 and MSSP security teams to transform their legacy SOCs into Cyber Fusion Centers. The platform seamlessly integrates the AI-powered threat intelligence platform (TIP) with data orchestration and workflow automation (SOAR), to facilitate and synchronize actions between cloud and on-premises security tools and technologies. This enables security teams to connect the dots on emerging threats by correlating actionable threat intelligence with detection, threat hunting, vulnerability management, and incident response operations. Cyware’s Cyber Fusion platform is modular, and the underlying TIP, SOAR, and Collaborative Threat Response components can be leveraged in combination or individually by security teams providing them greater flexibility in transforming conventional SOCs. The Cyware platform has become the backbone of global Threat Sharing Networks. Almost all major ISACs (Information Sharing and Analysis Centers), ISAOs, and CERTs use Cyware’s platform to automate threat intelligence sharing, analysis, and actioning for more than 30,000 enterprise members and government entities. The platform also enables large conglomerates, industry groups, and private communities to activate and share threat intelligence with their distributed businesses, clients, and suppliers, and benefit from automated collective defense against ransomware, supply chain attacks, and zero-day vulnerabilities. “Security teams today face an overwhelming amount of data, but silos across data, processes, and technologies make it very challenging to see the bigger picture and proactively stop threats," said Anuj Goel, Cyware CEO and Co-founder. “Our mission at Cyware is to break down these silos, integrate threat intelligence into SOC operations, make it easy for teams to automate response, and act immediately to anticipate and stop threats.” “Threat actors thrive because the rest of us don’t collaborate enough,” said Alex Doll, Founder and Managing Member of Ten Eleven Ventures. “Only Cyware allows overstretched security teams to expand their risk visibility beyond their borders with innovative threat intelligence collaboration while dramatically improving response with vendor-agnostic orchestration and low-code automation. As seasoned investors in the cybersecurity field, we recognize that Cyware’s remarkable platform, revenue growth, and vast customer base – including over 20 ISACs – puts them in an enviable market position.” Cyware plans to leverage this new round of funding to fuel further growth and accelerate channel business and strategic alliances while expanding its global footprint. About Cyware Cyware delivers an innovative approach to cybersecurity that unifies threat intelligence, automation, threat response, and vulnerability management with data insights gleaned from assets, users, malware, attackers, and vulnerabilities. Cyware’s Cyber Fusion platform integrates SOAR and TIP technology, enabling collaboration across siloed security teams. Cyware is widely deployed by enterprises, government agencies, and MSSPs, and is the leading threat intelligence sharing platform for global ISACs and CERTs.

Read More

Data Security, Cloud Security

Concentric AI Announces Multi-Lingual Support to Address Growing Global Demand for its Leading Data Security Posture Management Solution

Business Wire | August 24, 2023

Concentric AI, a leading vendor of intelligent AI-based solutions for autonomous data security posture management (DSPM), today announced support for data in German, Spanish, Italian, French, and Dutch languages, enabling it to meet rapidly growing global demand for its leading DSPM solution. As a result, today’s update to Concentric AI’s Semantic Intelligence™ DSPM solution enables multinational customers to discovery, classify, categorize, and secure their data in these newly supported languages. It also accelerates Concentric AI’s international expansion by addressing the data security needs of new customers that have a significant amount of private data in these languages. “We have seen a significant amount of interest from international customers, and with today’s announcement we are bringing our groundbreaking AI-enabled DSPM solution to more customers and countries,” said Karthik Krishnan, Founder and CEO, Concentric AI. “The way Concentric AI understands the content and context of data using Large Language Models (LLMs) differentiates us from competitors in the Data Access Governance and DSPM space. These new advancements will fuel our expansion into new markets as well as expand support for non-English data for our existing multinational customers.” Concentric AI’s Semantic Intelligence solution is enabled by LLMs that understand clients’ data to enable the industry’s most accurate data classification and DSPM solution. Now the LLMs developed by Concentric AI can read and understand the context of files, documents, and data in these new languages to provide the most accurate data discovery and classification solution to unmet needs in new markets. “This update is also important for our partners because many of their customers are either internationally based or they have customers who have data in multiple languages,” added Krishnan. “It also enables us to grow our partner ecosystem in these important new markets.” Concentric AI’s DSPM solution scans organizations’ data, detects sensitive or business critical content, identifies the most appropriate classification category, and automatically tags the data. Concentric AI uses artificial intelligence (AI) to improve discovery and classification accuracy and efficiency to avoid endless regex rules and inaccurate end user labeling. In addition, Concentric AI can monitor and autonomously identify risk to financial and other data from inappropriate permissioning, wrong entitlements, risky sharing, and unauthorized access. It can automatically remediate permissions and sharing issues or leverage other security solutions and cloud APIs to quickly and continuously protect exposed data. Concentric AI’s Semantic Intelligence™ automates unstructured and structured data security using deep learning to categorize data, uncover business criticality and reduce risk. Its Risk Distance™ analysis technology uses the baseline security practices observed for each data category to spot security anomalies in individual files. It compares documents of the same type to identify risk from oversharing, third-party access, wrong location, or misclassification. Organizations benefit from the expertise of content owners without intrusive classification mandates, with no rules, regex, or policy maintenance needed. About Concentric AI With Concentric AI, organizations can finally address their unmet data security needs by discovering and protecting business-critical content. Concentric AI protects intellectual property, financial data, PII/PCI content, customer data, business confidential content and more, across on-premises and cloud-based data stores, as well as messaging and communication applications. The Concentric AI Semantic Intelligence™ Data Security Posture Management (DSPM) solution uses deep learning and Risk Distance™ analysis to accurately categorize data, assess risk, and remediate security issues – without relying on upfront rules or complex configuration. Concentric AI is venture-backed by leading Silicon Valley VCs and is headquartered in San Jose, Calif.

Read More