DATA SECURITY
Cohere Cyber Secure and SecurityScorecard | September 24, 2021
Cohere Cyber Secure today announced a partnership with SecurityScorecard, the global leader in cybersecurity ratings, to deliver cyber ratings to customers and jointly drive market penetration with a single integrated solution. These include the most recognized companies globally across financial services, including various groups surrounding Registered Investment Advisors of Real Estate, Private Equity, Portfolio Managers, Hedge and LBO funds. As part of the partnership, Cohere will embed SecurityScorecard's monitoring capabilities into our security operations via Cohere's SIEM technology to continuously monitor and mitigate potential cyber threats, both on-premise and in the cloud.
"Financial organizations are the biggest target for cyber criminals, and security teams need a comprehensive and compliant cybersecurity strategy that provides in-depth intelligence," says Aleksandr Yampolskiy, CEO at SecurityScorecard. "This partnership provides real actionable insights into the real-time threats facing financial organizations, and ensures that they will maintain the strongest possible security posture and conform to industry compliance standards."
The combined solution from Cohere delivers a 360-degree view and addresses critical security concerns including vulnerability assessment and risk management, threat detection with real-time monitoring, incident response, and regulatory reporting. Partnership customers can review their SecurityScorecard rating and extend this support to their portfolio and vendor firms. This complete solution allows for continuous monitoring that provides an outside-in view into security practices, ensuring that organizations can continue to provide their clients the most secure financial services. Additionally, as a tightly-coupled solution, customers can generate comprehensive monthly or on-demand Cyber health reports for governance boards and regulators.
Security organizations are often hamstrung by only looking within their cyber borders with an inside-out view into their vulnerabilities, and often have to break up monitoring tools with multiple outside vendors. Investors, customers, regulators, CISO's and compliance officers can rest easier knowing our solution keeps your company safe and secure.
Steven Francesco, Chairman and CEO at Cohere Cyber Secure
Scoring more than 11 million companies continuously and on a daily basis, SecurityScorecard provides an objective, outside-in view of cyber risk based on publicly-available data. In addition, the company's technology uses non-intrusive proprietary methods and data feeds continuously monitor covered entities based on 10 risk factors, including endpoint security, patching cadence, and network security, and ultimately delivers an "A" through "F" rating.
About Cohere Cyber Secure
Cohere Cyber Secure is a trusted, single-source provider of technology solutions including, Cybersecurity, Cloud Hosting, Managed IT and UCaaS Services. From its New York City headquarters, Cohere maintains data center facilities throughout North America and key global locations. Additionally, Cohere performs cyber protection assessments and advises companies on regulatory compliance requirements. Our clients include global enterprises that demand high availability, operating diversity and tailored IT solutions. In addition, Cohere's Consulting services provide unparalleled IT expertise that enable strategic planning in Cyber and Compliance Policies, Managed IT and Data Protection Services, Crisis Management/Incident Response, Risk Management and Business Continuity. Cohere's enhanced solutions and dedicated staff simplify the everyday challenges of complex business technologies.
About SecurityScorecard
Funded by world-class investors including Silver Lake Partners, Sequoia Capital, GV, Riverwood Capital and others, SecurityScorecard is the global leader in cybersecurity ratings with more than 11 million companies continuously rated. Founded in 2013 by security and risk experts Dr. Aleksandr Yampolskiy and Sam Kassoumeh, SecurityScorecard's patented rating technology is used by over 22,000 organizations for enterprise risk management, third-party risk management, board reporting, due diligence, and cyber insurance underwriting. SecurityScorecard continues to make the world a safer place by transforming the way companies understand, improve and communicate cybersecurity risk to their boards, employees and vendors. Every company has the universal right to their trusted and transparent Instant SecurityScorecard rating.
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DATA SECURITY
SCADAfence | September 23, 2021
SCADAfence, the global leader in cybersecurity for Operational Technology (OT) & Internet of Things (IoT) environments, today announced a partnership with Keysight Technologies, Inc. (NYSE: KEYS), a leading technology company that delivers advanced design and validation solutions to help accelerate innovation to connect and secure the world, to amplify network visibility and cybersecurity to some of the world's most complex OT networks. This new partnership will help organizations gain better control over their industrial environments and detect malicious activities, reducing risk through continuous monitoring and proactive mitigation.
As more critical network infrastructures adopt advanced automation systems to integrate their OT and SCADA technologies, securing the increased attack surface from threats has become more challenging with each attack. Managing these risks has become extremely complicated due to the fact that most OT network environments and devices are not monitored directly by security personnel. Consequently, the Industrial Control System (ICS) networks are harder to monitor and secure as they’re very diverse, and most of the time, they operate with an increased risk of industrial-specific vulnerabilities.
This new partnership between SCADAfence and Keysight will allow organizations to have amplified visibility into OT and IT networks and increased detection and response capabilities in their OT environments. SCADAfence’s non-intrusive platform for deep packet inspection (DPI) together with Keysight’s network test access points (TAPs) and Network Packet Brokers (NPB) solutions will work together to provide complete traffic visibility, security, and asset inventory management in real-time to their industrial customers.Protecting and securing OT environments from security threats and anomalies has become a top priority for the industrial sector and we provide deep packet-level visibility with accurate real-time analytics
Elad Ben-Meir, CEO of SCADAfence.
"We're excited to partner with Keysight Technologies to help industrial organizations leverage both solutions for better visibility and more advanced packet information within OT environments.”
The deployment of SCADAfence and Keysight Technologies together provides increased real-time visibility into OT environments, detailed asset visibility and continuous threat detection for oil and gas facilities, manufacturing sites, water and wastewater environments, automotive, and other industrial infrastructures. With the ability to collect different data across all OT environments, Keysight will be able to provide more actionable insights for customers on the threats affecting their IT environments and SCADAfence will map out the connections between IT and OT to assess the potential impacts to operational environments.
“Critical infrastructures are being targeted more than ever and are facing more security threats in the OT and IoT networks. The mitigation process can take from weeks to possibly months to patch vulnerabilities within the more complex environments,” said Taran Singh, vice president, enterprise solutions, Keysight. “Our joint-partnership with SCADAfence will allow our customers and other industrial organizations to speed up that process from weeks to a few days.”
About SCADAfence:
SCADAfence is the global technology leader in OT & IoT cybersecurity. SCADAfence offers a full suite of industrial cybersecurity products that provides full coverage of large-scale networks, offering best-in-class network monitoring, asset discovery, governance, remote access, and IoT device security. A Gartner “Cool Vendor” in 2020, SCADAfence delivers proactive security and visibility to some of the world’s most complex OT networks, including the largest manufacturing facility in Europe. SCADAfence enables organizations in critical infrastructure, manufacturing, and building management industries to operate securely, reliably, and efficiently.
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DATA SECURITY
PR Newswire | September 22, 2021
LogPoint, the global cybersecurity innovator, announced the successful completion of its acquisition of Tel Aviv-based SecBI. SecBI's universal SOAR and XDR technology will integrate natively with LogPoint to form an integrated, foundational Security Operations platform. SOAR will be released with LogPoint 7.0 in December 2021, and XDR will be introduced in Q2 2022.
"With the tidal wave of cyberattacks threatening businesses and societies across the globe, a disruption of the way organizations respond to cybersecurity incidents is required," said Jesper Zerlang, CEO LogPoint. "Building on LogPoint SIEM and UEBA to effectively detect threats, orchestration and automation of the response to incidents is key to advancing cybersecurity. Consequently, SOAR will be a capability included in LogPoint to advance foundational cybersecurity."
With the release of LogPoint 7.0, all present and future LogPoint customers will be immediately able to apply SOAR to their security operations at the click of a button, automating repetitive tasks, orchestrating threat remediation workflows, and enabling autonomous investigation, prioritization, and execution of playbooks that reduce human involvement and speed up incident response. Customers will receive SOAR capabilities within their LogPoint Core SIEM license.
"LogPoint SOAR has been in production with select customers over the past few months and we're thrilled with the overwhelmingly positive feedback that analysts have more confidence that incidents are dealt with appropriately thanks to the automatic playbooks," said Christian Have, CTO, LogPoint. "Our customers have reported a significant decrease in the time it takes to detect and respond to a phishing email – down from three hours with manual processes to 10 minutes with automated LogPoint SOAR playbooks."
In today's cybersecurity market, SOAR is employed mainly by larger enterprises and managed security service providers (MSSPs) handling a considerable number of incidents. Integrating native SOAR into LogPoint will dramatically increase the effectiveness and precision of incident response without the need for dedicated management resources, making it an attractive option for organizations of all sizes, including mid-market cybersecurity.
"SOAR is not only about coping with the increasing number of cybersecurity incidents. By including SOAR in the LogPoint SIEM solution, we will enable organizations of all sizes, especially companies that do not have a fully-staffed 24/7 Security Operations Center (SOC), to establish proper and relevant incident-handling processes and dramatically increase quality and speed in their response capabilities," said Have. "It also helps those organizations assess the efficiency of new cybersecurity tools and measures."
The acquisition was first announced on September 1, 2021. Following finalization, SecBI will fully integrate into LogPoint's organization. The new team will make key contributions to LogPoint's continued development: SecBI founder and VP of Business Development Doron Davidson has been appointed LogPoint's VP of Global Services and will lead LogPoint Israel as the company expands its presence in Tel Aviv.
The LogPoint move to acquire SecBI and integrate its SOAR and XDR technology into the LogPoint solution is recognized by industry analysts. In a recently published research brief by Omdia headlined "LogPoint Adds SOAR via SecBI Acquisition, Builds Momentum as a Top-Tier SecOps Vendor," analyst Eric Parizo concludes:
"Already a strong SIEM player in Europe, LogPoint's new SOAR and XDR offerings, combined with its own notable TDIR advancements, position the vendor to compete globally for a growing share of enterprise customers."
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DATA SECURITY
Cowbell Cyber | September 21, 2021
Cowbell Cyber, the industry's first AI-powered cyber insurance provider for small to medium enterprises (SMEs), today announced the launch of its cyber risk exchange marketplace, Cowbell Rx. Cowbell Rx closes insurability gaps by providing cyber insurance applicants with resources to meet eligibility requirements while also enabling active policyholders to continuously improve their organization's risk profile. This comprehensive list of partners is the first of its kind in the cyber insurance industry.
Cyberattacks continue to proliferate and damage business operations, with predictions that new attacks will happen every 2 seconds by 2031. However, cybersecurity and cyber insurance have traditionally operated in silos with insufficient coordination, resulting in a misalignment between cyber threats faced by an organization and the security measures to prevent them. Because of this, cyber insurers are tightening up insurability requirements for policyholders to obtain coverage or to renew existing cyber policies.
Cowbell Rx is the first marketplace provided by a cyber insurer to help businesses gain access to recommended partners that offer solutions to organizations in order to meet the minimal criteria to get cyber insurance coverage.
"Cybersecurity and cyber insurance must work in harmony to build an organization's cyber resilience. We are working with more than 20 of cybersecurity's biggest leaders to make this happen," said Isabelle Dumont, vice president of market engagement at Cowbell Cyber. "Cowbell Rx is a key component of Cowbell's closed-loop risk management initiative to continuously improve an organization's risk profile. Together with our partners, we are bringing streamlined access to today's top cybersecurity services and solutions straight to current and future policyholders."
"Cowbell is an innovator in the field of cyber insurance and we share their passion for data-driven risk assessment," said Eric Skinner, vice president of Market Strategy at Trend Micro. "We're pleased to be part of Cowbell's new marketplace. By bringing together Cowbell policyholders with cybersecurity experts like Trend Micro, we can all work together to ensure our mutual customers stay resilient in a world of constantly changing cyber threats."
"True cyber risk management is the combination of cyber insurance and effective cybersecurity operations," said Odin Olson, vice president of Alliances at Arctic Wolf. "Cowbell Rx is an excellent way to expose Cowbell's policyholders to some of the best cybersecurity service providers in the industry."
About Cowbell Cyber
Cowbell Cyber is dedicated to providing standalone, admitted individualized, and easy-to-understand cyber insurance for small and mid-size enterprises. In its unique AI-based approach to risk selection and pricing, Cowbell's continuous underwriting platform, powered by Cowbell Factors, compresses the insurance process from submission to issue to less than 5 minutes. Cowbell Insurance Agency is currently licensed in 50 U.S. states and the District of Columbia.
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