Platform Security

Cybersecurity Startup ActZero Partners with Measured Analytics and Insurance

ActZero, a cybersecurity startup whose AI-driven platform makes best-in-class security accessible for businesses of all sizes, today announced a strategic partnership with Measured Analytics and Insurance, the data and analytics-driven cyber insurance company. The partnership will enable businesses to protect themselves against emerging security threats with an integrated risk management approach.

Recent reports by lead researchers have found that a majority of organizations have experienced incidents of ransomware or phishing in the last 12 months, while other cybersecurity threats are also on the rise. This trend means that more and more businesses need to level up their cybersecurity posture, while also preparing for the ramifications of potential attacks with cybersecurity-specific insurance. The partnership between ActZero and Measured is among the first to holistically address a business's cybersecurity needs by combining sophisticated managed detection and response services designed to stop attacks and extortion with insurance services that position companies to mitigate potential losses.

"We're pleased to be working with Measured, which will serve as the foundation of our integrated risk management distribution channel,Pairing our solution with insurance coverage to better protect customers represents another leap forward in our pursuit of making cybersecurity more effective and affordable for small and mid-sized enterprises."

Chris Finan, ActZero's Chief Operating Officer

The ActZero platform combines next-generation antivirus protection, endpoint detection and response, extended detection and response technologies, and 24/7 automated and managed threat hunting capabilities to detect and prevent all types of cybersecurity threats, from commodity malware to sophisticated, headline attacks across endpoints, network and cloud. The combined offering with Measured means that ActZero clients can now take advantage of streamlined access to cyber insurance at better rates.

Measured Analytics and Insurance sells industry-leading comprehensive cyber insurance backed by the most reputable reinsurance companies in the world. Measured tackles the challenge of underwriting cyber insurance by combining proprietary data and machine learning algorithms to assess and price cyber insurance for small- and mid-sized businesses. In partnering with ActZero, Measured's clients gain access to a robust suite of cybersecurity technologies at preferred rates.

"In this era of growing concerns and evolving threats, it's critical to complement our cyber insurance offering with innovative detection and response capabilities to stop problems before they start," said Jack Vines, CEO of Measured Insurance. "ActZero is the ideal partner to deliver on this promise, enabling our customers to implement sophisticated risk management strategies, thereby best positioning themselves against today's current threat climate."

ABOUT ACTZERO
ActZero is a cybersecurity startup that makes small- and mid-size businesses more secure by empowering teams to cover more ground with fewer internal resources. Our intelligent managed detection and response service provides 24/7 monitoring, protection and response support that goes well beyond other third-party software solutions. Our teams of data scientists leverage cutting-edge technologies like AI and ML to scale resources, identify vulnerabilities and eliminate more threats in less time. We actively partner with our customers to drive security engineering, increase internal efficiencies and effectiveness and, ultimately, build a mature cybersecurity posture. Whether shoring up an existing security strategy or serving as the primary line of defense, ActZero enables business growth by empowering customers to cover more ground. 

ABOUT MEASURED ANALYTICS AND INSURANCE
Measured Insurance offers an analytics-based approach to cyber insurance, specifically quantifying specific exposure to ransomware attacks. Measured Insurance is bridging the gap between technology and insurance by using AI-powered analytics that tracks individual exposure in real-time to create smarter insurance products. Every policy is tailored to fit the individual client–clearly identifying pre-event exposure in seven fundamental areas and customizing post-event loss mitigation services with real experts, real people, and real help if ever needed.

Spotlight

Organizations are losing IT and security control Once upon a time, IT and security teams focused mostly on managing their organization’s on-prem environment. But as business requirements changed, customer bases became global, and remote work took root, these technology teams were handed responsibility across more domains: cloud

Spotlight

Organizations are losing IT and security control Once upon a time, IT and security teams focused mostly on managing their organization’s on-prem environment. But as business requirements changed, customer bases became global, and remote work took root, these technology teams were handed responsibility across more domains: cloud

Related News

Data Security

GuidePoint Security Announces Portfolio of Data Security Governance Services

GuidePoint Security | January 30, 2024

GuidePoint Security, a cybersecurity solutions leader enabling organizations to make smarter decisions and minimize risk, today announced the availability of its Data Security Governance services, which are designed to help customers address the challenges of unstructured data and data sprawl through a proven process and program to meet their unique needs. GuidePoint’s Data Security Governance services consist of policies, standards, and processes leveraging the newest technologies to meet organizations’ data governance goals in both on-prem and cloud environments. Once the right strategy is determined with the customer, GuidePoint Security consultants will review program requirements, assess current policies and controls, perform gap analysis, design and develop/enhance the program, recommend and implement supporting technologies, and create operational processes and metrics. “Whether an organization is just beginning to build their data security governance program or needs help assessing and improving an existing program, our team and service capabilities are built to meet them at their current maturity level,” said Scott Griswold, Practice Director - Security Governance Services, GuidePoint Security. “We work side by side with the customer to conduct the necessary data discovery in their environment and provide tailored recommendations for solutions and processes to ultimately build/improve upon the data security governance program.” GuidePoint’s Data Security Governance Services include: Sensitive Data Cataloging: For organizations just getting started in the process of protecting their sensitive data, GuidePoint offers Data Identification workshops to identify sensitive data types in the environment, including trade secrets, intellectual property, and sensitive business communications. Data Security Governance Program Assessment: For organizations with existing Data Security Governance or Data Protection programs, GuidePoint Security experts will assess the program to identify policy non-compliance, gaps in data protection requirements—whether legal, regulatory, contractual, or business—and program maturity levels. Data Security Governance Program Strategy Development: The GuidePoint team will work with an organization's key stakeholders to design a program strategy aligned with relevant requirements. The outputs of this effort include delivering ongoing sensitive data discovery, automated classification and labeling, the application of required sensitive data protections, restrictions on where sensitive data can be stored and sent, and data retention policy enforcement. Merger and Acquisition Data Identification: This offering provides the ability to identify sensitive data within an M&A target or recent acquisition (including locations, amounts, and access rights) and then perform penetration testing on the storage repositories where that sensitive data exists to determine the risk of data compromise. About GuidePoint Security GuidePoint Security provides trusted cybersecurity expertise, solutions and services that help organizations make better decisions that minimize risk. Our experts act as your trusted advisor to understand your business and challenges, helping you through an evaluation of your cybersecurity posture and ecosystem to expose risks, optimize resources and implement best-fit solutions. GuidePoint’s unmatched expertise has enabled a third of Fortune 500 companies and more than half of the U.S. government cabinet-level agencies to improve their security posture and reduce risk. Learn more at www.guidepointsecurity.com.

Read More

Software Security

Salt Security API Protection Platform Wins Gold in 13th Annual Best in Biz Awards

Salt Security | December 13, 2023

Salt Security, the leading API security company, today announced that the Salt Security API Protection Platform has been named a Gold Winner in the "Enterprise Product of the Year - Security Software" category in the Best in Biz Awards 2023. The Salt Security API Protection Platform is a best-in-class solution that combines the power of cloud-scale big data and time-tested ML/AI to detect and prevent API attacks. With its patented approach to blocking today's low-and-slow API attacks, only Salt provides the adaptive intelligence needed to protect APIs. By correlating activities across millions of APIs and users over time, Salt delivers deep context with real-time analysis and continuous insights into API threats and vulnerabilities, including those outlined in the OWASP API Security Top 10 list. "APIs sit at the core of today's modern applications, connecting enterprises to vital data and services," said Michael Nicosia, co-founder and COO, Salt Security. "Given the amount of sensitive information being transmitted through APIs, along with the growing complexity of API attacks, strong API security has become critical for modern businesses. The Salt platform is the only solution that provides cloud-scale big data and real-time analysis across all application environments, pinpointing and stopping attackers in their tracks. We are honored to have our solution's unique capabilities recognized by the Best in Biz Awards." According to the Salt Labs State of API Security Report, Q1 2023, 94% of organizations experienced security problems in production APIs in the past year, with a 400% increase in unique attackers overall in the last six months. The Salt platform protects APIs across their full lifecycle – build, deploy and runtime phases. Through its unique API Context Engine (ACE) architecture, the Salt platform provides API design analysis in pre-production, discovers all APIs, pinpoints and stops API attackers, and provides remediation insights learned during runtime to harden APIs. "As in years past, determining winners in some categories was a matter of selecting the very best from among the very good and came down to the smallest details," said Best in Biz Awards staff. "Each year, the judges are impressed by the innovations, growth, and change emanating from the winning companies and permeating across layers of society, from their employees through clients to local and global communities." The 13th annual program saw intense competition among more than 600 entries from public and private companies, representing all industries and regions in the U.S. and Canada and ranging from some of the most iconic global brands to the most innovative start-ups and beloved local companies. This year's judges highlighted the winning companies' breadth and depth of innovation, their novel approaches to employing new technologies, impressive workplace benefits and employee diversity and inclusion programs, as well as continued community involvement and critical investments in environment and corporate social responsibility programs. About Salt Security Salt Security protects the APIs that form the core of every modern application. Its patented API Protection Platform is the only API security solution that combines the power of cloud-scale big data and time-tested ML/AI to detect and prevent API attacks. By correlating activities across millions of APIs and users over time, Salt delivers deep context with real-time analysis and continuous insights for API discovery, attack prevention, and hardening APIs. Deployed quickly and seamlessly integrated within existing systems, the Salt platform gives customers immediate value and protection, so they can innovate with confidence and accelerate their digital transformation initiatives. For more information, visit: https://salt.security/ About Best in Biz Awards Since 2011, Best in Biz Awards has been the only independent business awards program judged by a who's who of prominent reporters and editors from top-tier publications from North America and around the world. Over the years, judges in the prestigious awards program have ranged from Associated Press to the Wall Street Journal and winners have spanned the spectrum, from blue-chip companies that form the bedrock of the global economy to some of the world's most innovative start-ups and nimble local companies. Each year, Best in Biz Awards honors are conferred in two separate programs: North America and International, and in 100 categories, including company, team, executive, product, and CSR, media, PR and other categories. For more information, visit: http://www.bestinbizawards.com.

Read More

Data Security

Boomi Strengthens Commitment to Data Security and Compliance by Achieving StateRAMP Authorization

Boomi | January 12, 2024

Boomi™, the intelligent connectivity and automation leader, today announced that the Boomi platform has achieved StateRAMP Authorization. This achievement reflects Boomi’s unwavering commitment to data security and compliance, and to delivering a secure and reliable solution that government agencies can rely on to safeguard their data and operations. “At Boomi, we are committed to democratizing modernization. Securing StateRAMP authorization for our platform was paramount, enabling public sector organizations to seamlessly and securely integrate and leverage cloud applications,” said Sean Wechter, Chief Information Officer at Boomi. “Through a strategic alliance with StateRAMP, Boomi actively collaborates with its leadership board, facilitating streamlined documentation and audit processes to expedite digital transformation within the public sector." According to the U.S. Government Accountability Office, government agencies plan to spend billions of dollars each year to support their IT and cybersecurity efforts, including transitioning IT resources to secure, cost-effective commercial cloud services.1 However, agencies are challenged to select secure cloud-based solutions, making it difficult for these organizations to modernize and improve constituent experiences. StateRAMP, a nationally recognized risk authorization management program that provides a standardized approach to assessing cloud products, improves security and simplifies procurement by building a pool of pre-authorized Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and Software as a Service (SaaS) solutions for public sector entities. As organizations more frequently implement cloud-based solutions, they also require validated access to integration platform as a service (iPaaS) to streamline application and resource integration. iPaaS integrates cloud-to-cloud, cloud-to-on premises, and on-premises-to-on-premises platforms, helping public sector organizations break down data silos to enhance information flow, improve citizen services, and increase operational effectiveness. About Boomi Boomi aims to make the world a better place by connecting everyone to everything, anywhere. The pioneer of cloud-based integration platform as a service (iPaaS), and now a category-leading, global software as a service (SaaS) company, Boomi touts the largest customer base among integration platform vendors and a worldwide network of approximately 800 partners – including Accenture, Capgemini, SAP, and Snowflake. Global organizations turn to Boomi’s award-winning platform to discover, manage, and orchestrate data, while connecting applications, processes, and people for better, faster outcomes. For more information, visit boomi.com.

Read More