Data Security

eSentire Leverages Guidewire to Quantify and Reduce Cyber Security Risk

eSentire, recognized globally as the Authority in Managed Detection and Response (MDR), and Guidewire Software, Inc. today announced that eSentire is leveraging Guidewire Cyence’s market-leading, internet-scale cyber data listening and modeling capabilities to support in financially quantifying and reducing cyber risk.

Cyber threats pose one of the greatest risks to businesses today, yet it is becoming increasingly harder to identify and protect against those risks and secure insurance coverage,The combination of eSentire and Guidewire Cyence technologies and expertise fill a significant gap to help businesses assess, design, and implement cyber risk solutions and quantify their security ROI and risk reduction.

eSentire Chief Technology Officer Dustin Hillard

eSentire’s technical cybersecurity expertise in 24/7 threat detection and response to real-time and zero-day threats, combined with Guidewire’s strengths in economic modeling, will enable cybersecurity leaders to tie the efficacy of their security spends to security program return-on-investment.

The eSentire Atlas XDR platform, ingesting data from over 1,000 customers across 70 countries worldwide, automatically blocks more than 1 billion threats per year and learns from more than 2 million rapid, human-led investigations per year, yielding a significant proprietary data set that maps internal risk factors to security outcomes. Guidewire’s cyber risk modeling and scoring data for more than 600,000 businesses is now integrated with eSentire’s asset risk scoring, providing security recommendations through eSentire’s Insight Portal:

Business Risk Scoring: eSentire customers now have access to Guidewire’s Cyence Risk Rating within the eSentire Insight portal. This business risk rating predicts the probability of a public data breach in the next 12 months. Each business risk rating is contextualized based on industry, size, and revenue band in comparison to its segment peers.

Asset Risk Scoring: eSentire customers will benefit from eSentire’s own artificial intelligence risk models learned from targeted attacks defended across its global customer base to determine the probability of an internal security incident originating at the asset level over the next three months. eSentire leverages these insights to make proactive security recommendations on how to reduce each customer organization’s risk.

The Royal United Services Institute reported that despite ransomware being the leading claim source for cyber insurers, many organizations are not approved due to open internet access, primarily through open Remote Desktop Protocols (RDP). Through their work together, eSentire and Guidewire have identified and remediated several open RDP scenarios, thereby reducing risk and enabling the organizations to improve their cyber insurance risk profile. In fact, eSentire and Guidewire have developed preferred cybersecurity insurance relationships with Guidewire customers that deliver improved deductibles and expansive coverage for eSentire customers.

Hillard added, “eSentire customers now have the opportunity to engage with an expert Cyber Risk Advisor to build a proactive security plan tailored to reducing risk in their environment while considering business- and asset-specific insights,” says eSentire Chief Technology Officer Dustin Hillard. “As a result of our work together, we earn the confidence of the insurance market and our customers get improved cyber risk insurance pricing and policy coverage.”

“We are thrilled to join eSentire in making tangible, transparent, and quantifiable cyber risk reduction a reality for businesses worldwide,” says Guidewire Chief Innovation Officer Paul Mang. “We are committed to helping organizations manage the economic volatility associated with cyber threats, both through the efficient use of risk transfer insurance solutions and through proactive risk management actions.”

This exciting innovation in cyber risk quantification has been complemented by the introduction of eSentire’s Cyber Risk Advisor program as part of the firm’s overall customer success engagement model. These advisors are security practitioners with consultative and solutions architecture experience, who act as an extension of the customer’s cybersecurity team, demonstrating a clear understanding of each organization’s business objectives and security priorities. The Cyber Risk Advisor supports customers with infrastructure assessments, regular service reviews, and interprets risk scoring metrics to develop a tailored risk reduction roadmap with recommendations that prioritize risk mitigation. These recommendations are based on the insights driven from eSentire’s 24/7 Security Operations Center, Threat Response Unit (TRU), and the new Guidewire Cyence Risk Rating integration.

About eSentire
eSentire, Inc., the Authority in Managed Detection and Response, protecting the critical data and applications of 1000+ organizations in 70+ countries from known and unknown cyber threats. Founded in 2001, the company’s mission is to hunt, investigate and stop cyber threats before they become business-disrupting events. Combining cutting-edge machine learning XDR technology, 24/7 Threat Hunting, and proven security operations leadership, eSentire mitigates business risk and enables security at scale. The Team eSentire difference means enterprises are protected by the best in the business with a named Cyber Risk Advisor, 24/7 access to SOC Cyber Analytics & Elite Threat Hunters, and industry-leading threat intelligence research from eSentire’s Threat Response Unit (TRU). eSentire provides Managed Risk, Managed Detection and Response and Incident Response Services. For more information, visit www.esentire.com and follow @esentire.

About Guidewire Software
Guidewire is the platform P&C insurers trust to engage, innovate, and grow efficiently. We combine digital, core, analytics, and AI to deliver our platform as a cloud service. More than 450 insurers, from new ventures to the largest and most complex in the world, run on Guidewire.

As a partner to our customers, we continually evolve to enable their success. We are proud of our unparalleled implementation track record, with 1,000+ successful projects, supported by the largest R&D team and partner ecosystem in the industry. Our marketplace provides hundreds of applications that accelerate integration, localization, and innovation.

Spotlight

Spotlight

Related News

Software Security

Palo Alto Networks Intends to Acquire Talon Cyber Security

Palo Alto Networks | November 08, 2023

Palo Alto Networks plans to acquire Talon Cyber Security to enhance its Secure Access Service Edge (SASE) solution. Talon's Enterprise Browser technology, when integrated with Prisma SASE, will provide secure access to business applications. The acquisition reflects the importance of adapting SASE solutions to ensure consistent security for unmanaged devices. Palo Alto Networks, a global cybersecurity leader, has announced its intent to acquire Talon Cyber Security, an enterprise browser technology pioneer, to enhance its Secure Access Service Edge (SASE) solution and provide comprehensive protection for managed and unmanaged devices. In today's digital landscape, unmanaged devices often connect to enterprise applications without adequate security measures, making them susceptible entry points for attackers seeking to access sensitive information. Lee Klarich, Chief Product Officer of Palo Alto Networks, emphasized the importance of securing all work activity through an Enterprise Browser without compromising device privacy to protect users and applications effectively. He continued that the integration of Talon's technology with Prisma SASE aims to provide consistent security for all users and devices. Anand Oswal, SVP and GM at Palo Alto Networks highlighted the significance of securing unmanaged devices with the same robust security as managed devices, especially in today's dynamic threat landscape. HE further stated that the combination of Prisma SASE and Talon's Enterprise Browser is poised to revolutionize security measures in modern digital environments. Talon Cyber Security's Enterprise Browser technology offers an innovative solution that, when integrated with Prisma SASE, will enable users to securely access business applications from any device, including non-corporate devices, while ensuring a seamless user experience. This strategic move by Palo Alto Networks addresses the evolving security challenges in a connected world. Talon's Co-Founder and CEO, Ofer Ben-Noon, acknowledged the shifting work models and user preferences and the need for powerful last-mile security solutions. Talon's Enterprise Browser is designed to offer familiar user experiences with enterprise-grade protection. Ben emphasized that partnership with Palo Alto Networks is seen as a catalyst to accelerate its mission of delivering superior outcomes for customers. Talon, founded by Ofer Ben-Noon and Ohad Bobrov, secured the RSA Conference's Innovation Sandbox contest in 2022. The co-founders will continue to lead their teams within the Prisma SASE team at Palo Alto Networks upon the completion of the acquisition. Anand Oswal, Senior Vice President and General Manager at Palo Alto Networks, highlighted the advantages and security risks associated with Bring Your Own Device (BYOD) policies. He noted that Talon's Enterprise Browser provided security teams enhanced visibility and control over work-related Software as a Service (SaaS) and web activity across all devices, including personal and unmanaged endpoints. Anand emphasized the need for Secure Access Service Edge (SASE) solutions to adapt in order to secure unmanaged devices with the same consistent security measures applied to managed devices. This would enable users to access business applications securely from any device and location.

Read More

Network Threat Detection

Juniper Networks Unveils the Industry’s First Distributed Security Services Architecture for Unmatched Scalability and Operational Simplicity

Business Wire | October 20, 2023

Juniper Networks (NYSE: JNPR), the leader in secure, AI-driven networks, today announced the expansion of its Connected Security portfolio with new products and capabilities that empower organizations to seamlessly extend security services and Zero Trust policies across distributed data center environments. The new Juniper Connected Security Distributed Services Architecture uniquely integrates Juniper’s unified security management paradigm with best-in-class routing and AI-Predictive Threat Prevention to bring much-needed operational simplicity and scale to data center security. In addition, four new high-performance firewall platforms deliver unmatched performance in a compact footprint that minimizes cost, space and power consumption. With the adoption of edge computing, multicloud, 5G and IoT, business data is increasingly distributed across geographically dispersed locations, making it harder to secure and manage. To adapt to this changing environment, organizations need a new modern data center architecture that delivers reliability through automated data center operations, scalable performance to support the most stringent workloads (e.g., AI model training) and comprehensive data security, regardless of where the data resides. The newest enhancements to Juniper’s Connected Security portfolio provide a secure bridge for customers to facilitate their transition to a modern data center, at their own pace. This is achieved via the following unique innovations: Juniper’s Connected Security Distributed Services Architecture: Juniper is the first in the industry to deliver an architecture design that fully decouples the forwarding and security services layers that have traditionally been combined in a single firewall appliance. By decoupling these layers, customers can utilize their existing Juniper MX series routers as an intelligent forwarding engine and load balancer. This unique design gives customers independent scaling flexibility without chassis limitations, multi-path resiliency and cost efficiency. When coupled with Juniper Security Director Cloud, the operational experience is as simple as managing one logical element, regardless of the quantities and form factors of any additional firewall engines added to the architecture. AI-Predictive Threat Prevention: Building on Juniper’s Adaptive Threat Profiling and Encrypted Traffic Insights, AI-Predictive Threat Prevention automatically generates custom signatures unique to the customer’s environment through a proxy-less architecture. Coupled with AI, customers gain even more effective malware prevention at line rate. Additionally, the enhanced URL filtering solution provides more granular control, with more than 200 categories to choose from and support for up to 200 languages, as well as a new portal for better insights on web content and easy recategorization. The AI-powered security solution enables customers and partners to predict and find real threats faster, leaving human experts to focus on more strategic security tasks. Four new best-in-class high-performance firewalls: The new Juniper Networks SRX firewalls (SRX1600, SRX2300, SRX4300, SRX4700) are 1RU in size, scale up to 1.4 Tbps and include built-in Zero Trust capabilities, delivering the industry’s highest firewall throughput performance per rack unit. The new platforms feature wire-speed MACsec along with natively embedded TPM 2.0 chips and cryptographically signed device IDs that allow security administrators and network operators to easily verify the trust posture of devices remotely and mitigate the risks of supply chain attacks. These new firewalls, like the whole SRX family, support industry-standard EVPN-VXLAN Type 5 integration, providing full fabric awareness to security operators and allowing them to respond to threats faster. When combined with Juniper’s Connected Security Distributed Services Architecture, these additions to the Juniper SRX series family offer customers even more options to build and expand their data center architectures securely and with sustainability objectives top of mind.

Read More

Security Audit and Compliance

Lumen Enhances its SASE Solution with New Security Features Addition

Lumen Technologies | September 13, 2023

Lumen Technologies announces the launch of key security enhancements to its industry-leading secure access service edge product. The company’s SASE Solutions represents a first-of-its-kind, fully digital experience for purchasing, configuring, and overseeing enterprise SASE. The latest features incorporated into Lumen SASE Solutions are security service edge and cloud-hosted gateways. On September 12, 2023, Lumen Technologies, a leading provider of Secure Access Service Edge (SASE) solutions, committed to advancing human progress through technology facilitating the connection of people, data, and applications, announced the addition of key enhancements to its landmark SASE product. The addition of new features makes lumen SASE solutions even more simplified and flexible for customers. Lumen SASE Solutions represents a pioneering, entirely digital experience for purchasing, configuring, and managing enterprise SASE. This is a significant step in Lumen's ongoing efforts to drive innovation and foster growth. Notably, the SASE product improvements launch are a direct outcome of valuable customer feedback. The Lumen SASE approach focuses on simplification in order to deliver flexible, secure, and scalable SASE solutions to organizations of all sizes and industries. Senior Director of SASE Product Management at Lumen, Darren Wolner, said, There has been a rapid adoption of cloud-based services as more organizations implement hybrid work, but security is paramount to any cloud-based experience. This means savvy organizations soon realized a whole new set of requirements and challenges. We quickly enhanced the product to fit their requirements. [Source – Cision PR Newswire] Darren mentioned that Lumen has a strong focus on meeting customer wants and needs. He cited the latest SASE updates as a prime illustration of this commitment. The new capabilities added to Lumen SASE Solutions include: Security Service Edge (SSE) SSE encompasses a suite of integrated, cloud-centric security capabilities, which feature cloud-hosted gateways. These capabilities are designed to ensure secure access to websites, facilitate the safe sharing of sensitive data, and manage user permissions for software-as-a-service (SaaS) applications. These solutions are delivered in partnership with prominent SD-WAN and security providers. Cloud-hosted Gateways Cloud-hosted gateways offer organizations the flexibility to adopt 'grow as they go' network and security management features as they scale without the necessity of on-premises equipment. In addition to the global expansion of Lumen technologies, customers based in the US can now deploy premise-based SASE services to locations in EMEA and Canada. Pete Finalle, Research Manager with IDC, stated, The new, hybrid perimeter – encompassing the main office down to the remote workforce – has collided with multi-cloud resources. This has created numerous networking and security complexities that are difficult to solve without a customer outcomes-based approach, which few companies can provide. [Source – Cision PR Newswire] Finalle pointed out that Lumen has a distinctive position to deliver real business outcomes through a comprehensive, cloud-based network security stack. This stack significantly benefits from Lumen's presence in both network and cloud infrastructure. Additionally, he mentioned that the company's digital customer experience and managed approach to resolving the intricate security and networking challenges allow them to mitigate the deployment and management difficulties that frequently hinder the adoption of SASE.

Read More