SOFTWARE SECURITY

Dragos announces a $110 million Record-Setting Industrial Cybersecurity Investment with Series C Funding

businesswire | December 08, 2020

Keysight Technologies a main innovation organization that helps endeavors, specialist co-ops and governments quicken advancement to associate and make sure about the world, reported that Altiostar has chosen the organization's 5G test answers for quicken improvement and sending of an open virtualized radio access organization (open vRAN) foundation basic in the conveyance of a wide-scope of 5G use cases.

Altiostar chose Keysight's exhaustive set-up of 5G test arrangements, including 5G multi-band vector handsets, channel emulators, client gear (UE) emulators and O-RU (O-RAN radio unit) emulators to confirm interoperability between vRAN parts and conformance to details distributed by the O-RAN Alliance. A multi-merchant open RAN biological system, comprising of providers of radio and baseband equipment, just as disaggregated virtualized and cloud-local RAN and 5G center (5GC) programming parts, use Altiostar's open vRAN programming to convey creative arrangements that help robotized and savvy versatile organizations.

“This is a decisive moment in the ICS/OT cybersecurity market, with many powerful drivers coalescing to generate an unprecedented level of market interest and customer demand,” said Robert M. Lee, Chief Executive Officer and Co-Founder of Dragos, Inc. “Our Series C funding is an investment by industry, for industry, and will enable us to fully meet this moment for our customers by advancing the innovative technology at the center of our Dragos Platform, expanding our global footprint, and continuing to recruit the world’s most elite team of ICS/OT cybersecurity experts.”
“Koch Industries has more than 500 global manufacturing facilities, and the need for protection from cybersecurity threats grows each day,” said Byron Knight, Managing Director of Koch Disruptive Technologies. “As we continue to transform and modernize operations, Dragos will be a key partner in helping protect these assets to ensure we can continue providing products and services our customers prefer.”

"Combating cyber threats against critical assets that power our operations is at the center of our risk management approach across the entirety of Koch Industries," said Jarrod Benson, Chief Information Security Officer of Koch Industries. "Industrial cyberattacks can impact worker safety, plant productivity, and business continuity. Safeguarding our data is important and protecting our operations is essential."

“We understand the importance of technologies like the Dragos Platform that protect operational technologies and provide insights to help customers stay at the forefront of cyber innovation,” said Lisa Lambert, Chief Technology and Innovation Officer at National Grid and President of National Grid Partners. “We first invested in Dragos in 2018, and since then, their innovation in industrial cybersecurity has become even more important. We’re pleased to reinvest and to co-lead the round at this important stage of the company’s growth.”

Spotlight

If your business has a web presence, then chances are that your applications are being hit by sophisticated bots every day. Automated attackers are stealing customer data, committing fraud, disrupting e-commerce, and more. And they’re mimicking human users to successfully escape detection. Bot management solutions enable securit

Spotlight

If your business has a web presence, then chances are that your applications are being hit by sophisticated bots every day. Automated attackers are stealing customer data, committing fraud, disrupting e-commerce, and more. And they’re mimicking human users to successfully escape detection. Bot management solutions enable securit

Related News

DATA SECURITY,PLATFORM SECURITY,SOFTWARE SECURITY

BeyondTrust and NCS Partner to Strengthen Cybersecurity Posture for APAC Organisations

BeyondTrust | September 19, 2022

BeyondTrust, the leader in intelligent identity and access security, announced today a new strategic partnership with NCS Group, a leading technology services firm that provides services and solutions in consulting, digital, technology, cybersecurity and more. A strong player in identity security, NCS will be using the technology provided by BeyondTrust to offer companies best practice solutions in Privileged Access Management (PAM), a core component of enabling Zero Trust security. Organisations today are evolving as a result of digital transformation, an accelerating shift to cloud, and an expanded remote workforce. However, these changes are also creating an increase in vulnerable endpoints and remote access, as well as a large number of digital identities that pose a significant cybersecurity risk if left unmanaged and unsecured. According to Gartner, unauthorised privileged access is now the primary method that threat attackers use to infiltrate an organisation's systems and network. "From the rise of ransomware to an increased focus on digital transformation and Zero Trust strategies, it is a critical time for organisations to be equipped with solutions that can secure identities, safeguard access for remote employees, and strengthen endpoint security across hybrid environments. "Through this partnership, BeyondTrust and NCS will enable organisations in Asia Pacific with our Privileged Access Management (PAM) solutions to address these cybersecurity challenges." Ben Wong, Director of Channel and Alliance for Asia Pacific & Japan at BeyondTrust "When organisations think of access management, they may only think of traditional password management – and that should not be the case. There is an urgent need for organisations to implement more advanced endpoint security and access management solutions and many are still playing catch up in this area," said Mr. Wong. "This partnership with NCS enables us to provide tailored PAM solutions to customers across a wide range of industries from government to the commercial sectors. Combining the skills and experience of NCS with BeyondTrust's leading portfolio of PAM solutions will help their customers defend against the evolving threat landscape." BeyondTrust is a leader in the 2022 Gartner Magic Quadrant for PAM for the fourth year running, with a comprehensive PAM portfolio that enables identity and access security that is monitored, managed, secured, and just-in-time, and includes these solutions:: Privileged Password Management Secure Remote Access Endpoint Privilege Management Cloud Security Management About NCS Group NCS, a subsidiary of Singtel Group, is a leading technology services firm with presence in Asia Pacific and partners with governments and enterprises to advance communities through technology. Combining the experience and expertise of its 10,000-strong team across 55 specialisations, NCS provides differentiated and end-to-end technology services to clients with its NEXT capabilities in digital, cloud and platforms, as well as core offerings in application, infrastructure, engineering and cybersecurity. NCS also believes in building a strong partner ecosystem with leading technology players, research institutions and start-ups to support open innovation and co-creation. For more information, visit ncs.co. About BeyondTrust BeyondTrust is the worldwide leader in intelligent identity and access security, empowering organisations to protect identities, stop threats, and deliver dynamic access to empower and secure a work-from-anywhere world. Our integrated products and platform offer the industry's most advanced privileged access management (PAM) solution, enabling organizations to quickly shrink their attack surface across traditional, cloud and hybrid environments.

Read More

DATA SECURITY,PLATFORM SECURITY,SOFTWARE SECURITY

Security Compass Releases New Study: 2022 Developer Perspectives on Application Security

Security Compass | August 26, 2022

Security Compass, a leading cybersecurity solution provider, has published the results of a research study examining developer views on application security, including the challenges and opportunities they face in their secure development efforts. The report, “2022 Developer Perspectives on Application Security,” provides a deep dive into security maturity, threats, requirements, tools, resources, and training. In order for software developers and security teams to effectively collaborate and ensure that a company’s software products are secure, developers need automated, current, relevant, and actionable JITT training embedded into their development tools and processes. Security Compass’ research found that while most developers believe their enterprise has a mature security posture, almost half find it challenging to stay up to date with current security and compliance-related activities. The “2022 Developer Perspectives on Application Security” study raises awareness about how automation can solve many challenges for developers in secure application development. Key takeaways from the study include: The number one most important means to thwarting security threats according to developers is automated threat modeling (46% claiming it was “mission critical” and another 36% indicating it was “quite important”). 42% of developers who have been assigned requirements related to security and compliance find it challenging to stay up to date with current security and compliance-related activities. 28% of respondents claim that scope “creep” in security compounds challenges, with another 19% believing that security processes take too much time. Overall, developers are in favor of security training, with 32% of developers opting to pursue training on their own (63% of respondents reported being mandated to do training). Developers from smaller companies ($10M to $100M) were more than twice as likely (31% vs. 14%) as those from the largest companies ($5B+) to use ad hoc or reactive means to “gate-keep” releases from a security perspective. On average, 34% of software requirements are related in some way to security and compliance, yet only 25% of companies have shifted security left into the Design Stage of software development. “When building secure software, developers must be system thinkers. Ideally, they engage secure methods early in the design process, engage with key security personnel and stakeholders and insist on automated cybersecurity tools that efficiently guide them throughout the SDLC," said Rohit Sethi, CEO of Security Compass. “Software built with the needs of software developers at the forefront is essential to the task of cybersecurity, and companies that want to attract and support developers in their efforts to build cyber-resilient software need to look to integrated cybersecurity software. This is reinforced by Security Compass’ study that software that provides just-in-time training (JITT) and guidelines for software developers is essential for accomplishing these goals.” For more information about the adoption of security and compliance processes by developers across organizations of various sizes, download the full “2022 Developer Perspectives on Application Security” study. About the Survey Security Compass commissioned Golfdale Consulting to conduct this survey research project. The survey was conducted in Q2 2022 and was based on 250 respondents from the US and UK markets working in companies ranging from $10 million to $10 billion in size. Half of the developers surveyed worked for technology companies, while the other half came from enterprises ranging from manufacturing to insurance . Respondent roles included a mix of developers from software development/DevOps (62%), IT infrastructure and back office (22%) and cyber/information security (14%). About Security Compass Security Compass, a pioneer in application security, enables organizations to shift left and build secure applications by design, integrated directly with existing DevSecOps tools and workflows. Its flagship product, SD Elements, helps organizations accelerate software time to market and reduce cyber risks by taking an automated, developer-centric approach to threat modeling, secure development, and compliance. Security Compass is the trusted solution provider to leading financial and technology organizations, the U.S. Department of Defense, government agencies, and renowned global brands across multiple industries.

Read More

DATA SECURITY,PLATFORM SECURITY,SOFTWARE SECURITY

Radware Launches New Cloud Security Center in the United Arab Emirates

Radware | September 14, 2022

Radware® , a leading provider of cyber security and application delivery solutions, announced the launch of a new cloud security center in the United Arab Emirates. Located in Dubai, the facility will reduce latency for in-region traffic and offer customers faster mitigation response times against denial-of-service attacks, web application attacks, malicious bot traffic, and attacks on APIs. It will also mitigate compliance processes involved in offshore routing. The Dubai addition complements Radware’s existing cloud security network. Today, the network includes over 10Tbps of mitigation capacity across more than 50 security centers located around the globe. “As part of our strategic cloud services initiative, we continue to accelerate cloud innovation to provide our customers with the highest level of cyber security services. “This includes increasing the fighting capacity of our cloud infrastructure to help our customers manage the increasing complexity and sheer volume of cyberattacks with as little disruption as possible.” Haim Zelikovsky, vice president of cloud security services for Radware According to Radware’s First Half 2022 Global Threat Analysis Report, the first six months of 2022 saw a dramatic increase in cyberattacks across the globe. The number of DDoS attacks climbed 203% and malicious web application transactions grew by 38% compared to the same period last year. “The new site in Dubai fills a growing demand for a local security presence that can deliver rapid response times with accuracy for organizations in the public and private sector,” said Nikhil Karan Taneja, Radware’s vice president and managing director for India, the Middle East, and South Asia. “The launch of the center underscores our ongoing commitment to delivering state-of-the-art cyber protection and scaling our capacity in a way that will benefit the whole region.” About Radware Radware® is a global leader of cyber security and application delivery solutions for physical, cloud, and software defined data centers. Its award-winning solutions portfolio secures the digital experience by providing infrastructure, application, and corporate IT protection, and availability services to enterprises globally. Radware’s solutions empower enterprise and carrier customers worldwide to adapt to market challenges quickly, maintain business continuity, and achieve maximum productivity while keeping costs down. For more information, please visit the Radware website. Radware encourages you to join our community and follow us on: Facebook, LinkedIn, Radware Blog, Twitter, YouTube, and Radware Mobile for iOS and Android. ©2022 Radware Ltd. All rights reserved. Any Radware products and solutions mentioned in this press release are protected by trademarks, patents, and pending patent applications of Radware in the U.S. and other countries. Radware believes the information in this document is accurate in all material respects as of its publication date. However, the information is provided without any express, statutory, or implied warranties and is subject to change without notice.

Read More