DATA SECURITY, ENTERPRISE SECURITY, SOFTWARE SECURITY
Businesswire | May 11, 2023
Qumulo, the simple way to manage exabyte-scale data anywhere, today announced integration with the Varonis Data Security Platform and introduced their new Snapshot-Locking capability to protect customers against ransomware. With an increasing number of ransomware attacks on private businesses, public agencies, and healthcare organizations, managing cybersecurity risk is a bigger priority than ever before. The ongoing threat of cyberattacks forces IT organizations to constantly evolve their ability to detect ransomware and malware outbreaks across petabytes of data, in real time, and respond quickly to minimize the damage inflicted.
Qumulo and Varonis have partnered to provide an end-to-end solution that protects Qumulo customers from ransomware in both cloud and on-premises environments. The Varonis Data Security Platform provides real-time visibility and control over cloud and on-premises data and automatically remediates risk. Varonis’ behavior-based threat models detect abnormal activity proactively and can stop threats to data before they become breaches. In the storage layer, Qumulo offers data protection by cryptographically locking snapshots, allowing administrators a simple mechanism to stop attackers from infecting valuable customer data.
“Securing unstructured data can be very challenging due to its sheer volume, and the expansive number of places it is stored and used by companies,” said Kiran Bhageshpur, Chief Technology Officer, Qumulo. “Our new integration with Varonis will help our customers have complete visibility into where their most valuable data and key vulnerabilities are, especially for threats like ransomware.”
The combined solution operates across three areas to protect against bad actors’ attempts to spread ransomware and malware within Qumulo:
Prevention through continuous data exposure and risk monitoring with automatic remediation and least privilege enforcement
Detection of anomalous activity and activity patterns that resemble ransomware across data stored in Qumulo
Rapid recovery of data in the event of a successful attack
Varonis uses Qumulo’s APIs and granular audit logging to monitor user logins, permissions changes, file and folder activity, and pattern detection to warn against suspicious activity that may indicate threat actors or malicious insiders. Qumulo’s Snapshot-Locking feature uses cryptographic protection, where only the customer has access to the cryptographic key-pair required to unlock the snapshot. Together, the Qumulo-Varonis solution offers enterprise IT organizations a simple, secure, and scalable way to manage data anywhere.
“Organizations face an uphill climb when it comes to securing vast amounts of data across the cloud — in fact, we surveyed more than 700 companies and found that 81 percent had sensitive SaaS data exposed,” said David Bass, Executive Vice President of Engineering and Chief Technology Officer, Varonis. “We’re pleased to be teaming with Qumulo to provide greater visibility and control for companies looking to secure their critical data and proactively help mitigate the impact of a potential attack.”
About Qumulo, Inc.
Qumulo is the simple way to manage exabyte-scale data anywhere — edge, core, or cloud — on the platform of your choice. In a world with trillions of files and objects comprising 100+ zettabytes worldwide, companies need a solution that combines the ability to work anywhere with simplicity. This is precisely what Qumulo was founded to accomplish.
About Varonis
Varonis is a pioneer in data security and analytics, fighting a different battle than conventional cybersecurity companies. Varonis focuses on protecting enterprise data: sensitive files and emails; confidential customer, patient, and employee data; financial records; strategic and product plans; and other intellectual property. The Varonis Data Security Platform detects cyber threats from both internal and external actors by analyzing data, account activity, and user behavior; prevents and limits disaster by locking down sensitive and stale data; and efficiently sustains a secure state with automation. Varonis products address additional important use cases including data protection, data governance, Zero Trust, compliance, data privacy, classification, and threat detection and response. Varonis started operations in 2005 and has customers spanning leading firms in the financial services, public, healthcare, industrial, insurance, technology, consumer and retail, energy and utilities, construction and engineering, and education sectors.
Qumulo, Scale Anywhere(™) and the Qumulo logo are registered trademarks or trademarks of Qumulo, Inc. All other marks and names herein may be trademarks of other companies. Copyright © 2023. All Rights Reserved.
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DATA SECURITY, PLATFORM SECURITY, SOFTWARE SECURITY
Globenewswire | April 18, 2023
Illumio, Inc., the Zero Trust Segmentation company, today launched the Illumio Zero Trust Segmentation ROI Calculator, a self-service tool that quantifies what an organization’s return on investment (ROI) on Illumio’s Zero Trust Segmentation (ZTS) platform would be, bringing more clarity into their decision-making process.
In a difficult economy, organizations need to understand and be able to show the impact of every dollar they spend, and they need solutions that deliver a reliable return on investment. By answering a few simple questions related to their specific business environment, respondents will receive a written assessment of the quantitative impact Illumio ZTS would have on their organization, which will arm decision makers with data to support further investment in cybersecurity initiatives that reduce risk and increase resilience to breaches.
Illumio recently commissioned a Total Economic ImpactTM of Illumio Zero Trust Segmentation (ZTS) study from Forrester Consulting, who interviewed Forrester analysts, Illumio stakeholders, and Illumio customers from organizations of varying sizes and industries to inform their findings. The study found that Illumio delivered a total benefit of $10.2 million over three years and paid for itself in six months for a composite organization. Additionally, over three years Illumio ZTS:
Reduced a cyberattack’s blast radius by 66 percent by restricting lateral movement, which saved $1.8 million via decreased overall risk exposure.
Drove $3 million in savings via tool consolidation and reduced firewall costs.
Saved $3.8 million by limiting unplanned downtime.
Increased InfoSec’s operational efficiency by $1.6 million by reducing the time and effort needed to implement security policy.
Delivered 111 percent return on investment.
“The security industry is moving from the prevention and detection eras to the breach containment era to minimize the impact of breaches on the broader organization,” said PJ Kirner, CTO and co-founder at Illumio. “With a challenging economy, CFOs and boards are asking security teams to quantify the return on their investments. With this ROI calculator, leaders can validate the impact ZTS would have on their specific organization, accelerating the implementation of core security strategies that augment prevention and detection technologies to reduce risk and increase resilience to breaches more quickly.”
To measure the impact Illumio ZTS could have on your organization, use the Illumio Zero Trust Segmentation ROI Calculator. Learn more about The Forrester Total Economic ImpactTM of Illumio Zero Trust Segmentation here.
About Illumio
Illumio, the Zero Trust Segmentation Company, stops breaches and ransomware from spreading across the hybrid attack surface. The Illumio ZTS Platform visualizes all traffic flows between workloads, devices, and the internet, automatically sets granular segmentation policies to control communications, and isolates high-value assets and compromised systems proactively or in response to active attacks. Illumio protects organizations of all sizes, from Fortune 100 to small business, by stopping breaches and ransomware in minutes, saving millions of dollars in application downtime, and accelerating cloud and digital transformation projects.
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DATA SECURITY, ENTERPRISE SECURITY, SOFTWARE SECURITY
Businesswire | May 12, 2023
Vanta, a leading trust management platform, announced today that it has expanded its partnership with CrowdStrike, a leader in cloud-delivered protection of endpoints, cloud workloads, identity and data, with a new integration that improves compliance and security operations for organizations of all sizes. Vanta also announced three new strategic investors in their previously announced Series B — Atlassian Ventures, HubSpot Ventures and Workday Ventures.
The new integration builds on an existing partnership between Vanta and CrowdStrike. In September 2022, the companies announced that CrowdStrike had made an investment in Vanta via the CrowdStrike Falcon Fund. That investment, along with the newly announced investments today by Atlassian Ventures, HubSpot Ventures and Workday Ventures, not only enable Vanta to continue growing its go-to-market, R&D and global expansion efforts, but provide valuable partnership opportunities via aligned customer and partner bases and industry-leading product innovation.
“As the market’s leading trust management platform, we’re excited to build on our industry-first partnership with CrowdStrike, bringing together our pioneering technologies to automate compliance securely across organizations—from small and midsize businesses to enterprise environments,” said Christina Cacioppo, CEO, Vanta. “As we transform the way companies demonstrate their security, and ultimately, establish and deepen trust, we’re thrilled to welcome new investments by Atlassian Ventures, HubSpot Ventures and Workday Ventures as we work to simplify and centralize security for our 5,000 global customers and beyond."
With cybersecurity threats continuing to increase in volume and complexity, it’s more critical than ever for organizations to prioritize their security posture and build trust with internal and external stakeholders alike. By leveraging the CrowdStrike Falcon® platform, Vanta customers gain visibility into employee agent deployment, allowing them to seamlessly configure and manage cloud monitoring to ensure internal policies are being upheld.
The integration with CrowdStrike increases automation for compliance security operations at scale within Vanta, empowering customers to:
Improve security posture by actively monitoring the status of corporate employee access to the Falcon platform, as well as mitigate potential misuse and insider threats by removing access for offboarded users.
Eliminate security blindspots with additional visibility into CrowdStrike agent installation coverage across relevant endpoints, and workloads for comprehensive protection and control.
Meet compliance standards by certifying CrowdStrike prevention policies by actively performing the relevant checks on the required devices and cloud workloads within the Vanta platform.
"Cybersecurity and compliance are both on similar trajectories of increasing complexity," said Daniel Bernard, Chief Business Officer, CrowdStrike. "Together with Vanta, CrowdStrike is automating continuous security and compliance so organizations of all sizes can elevate protection levels in an efficient manner."
Over the past year, Vanta has nearly doubled its customer base to serve over 5,000 companies across 58 countries, while expanding its global footprint with offices in Australia, Ireland and the U.S. In January, Vanta announced its acquisition of Trustpage to accelerate its enterprise momentum and transform trust into a marketable advantage for companies around the world.
“Developing trust and providing companies with solutions to support them as they grow is essential to our mission to help organizations grow better. Vanta enables companies to strengthen trust with customers by improving security and compliance management, making them a natural partner to HubSpot,” said Eric Richard, CISO and SVP of Engineering Operations, HubSpot. “I’m looking forward to the work Vanta and HubSpot will do together to create more secure digital experiences for companies and their customers.”
To meet demand from its rapidly expanding customer base, in Q1 alone, Vanta added over 50 new integrations, for a total of 125+ across the most essential cloud applications in a company's tech stack. With Vanta’s recently launched Vendor Risk Management (VRM) solution and Questionnaire Automation, customers can evaluate security in the buying process while closing their own deals faster — all in a single platform.
“Teams work in a more connected and collaborative nature than ever before. But with more apps and entry points in every organization’s tech stack, the companies of tomorrow need to ensure they’re secure today,” said Peter Lenke, Head of Atlassian Ventures. “We’re excited to invest in and partner with Vanta as they enable security teams to significantly reduce vendor risk by quickly inventorying vendors, performing security reviews, and remediating issues — all in the same platform they use for security and compliance today. Vanta closes the loop on the security lifecycle from start to finish. With our shared commitment to reimagine and deliver a more secure cloud, we couldn’t be more thrilled to join Vanta in its next phase of growth.”
In addition to its product and partnership acceleration in 2023, Vanta’s innovation has been recognized across a range of rankings and awards including securing the #17 spot in CNBC’s Disruptor 50, Inc’s Best Workplaces and the Fastest Growing Cybersecurity Company by the Cybersecurity Excellence Awards.
“The investment in Vanta reflects our commitment to intelligent automation and sophisticated technology that helps organizations navigate an ever-changing world,” said Michael Magaro, Senior Vice President of Corporate Growth, Workday Ventures. “As the strategic capital arm of Workday, trust and transparency are values that are ingrained in everything we do at Workday Ventures. Vanta is well-positioned to evolve the rapidly changing trust and security industry, and we look forward to partnering with them as they continue their journey to safeguard organizations and consumers everywhere.”
In 2022, Vanta raised $150 million in funding from leading investors Craft Ventures, Sequoia and Y Combinator and security industry pioneers like CrowdStrike, bringing the company’s total amount raised to $203 million at a $1.65 billion valuation.
About Vanta
Vanta is the leading trust management platform that helps simplify and centralize security for organizations of all sizes. Over 5,000 companies including Autodesk, Chili Piper, Flo Health, and Quora rely on Vanta to build, maintain and demonstrate their trust—all in a way that's real-time and transparent. Founded in 2018, Vanta has customers in 58 countries with offices in Dublin, New York, San Francisco and Sydney. For more information, visit www.vanta.com.
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