DATA SECURITY

Strong customer growth and recruits continue to increase security Notable security sales executive to scale rapid expansion

businesswire | December 17, 2020

Elevate Security, the first human risk management platform of its kind, today announced the appointment of security sales expert, Carolyn Hieken as Vice President of Sales to join its executive leadership team. Hieken will spearhead Elevate Security’s strategic growth objectives further expanding customer impact to improve the way security teams measure, communicate and reduce employee risk.

“Carolyn is a powerhouse and brings more than 25 years of security and technology sales experience to Elevate Security,” said Robert Fly, CEO, Elevate Security. “Her proven expertise in developing Fortune 1000 enterprise partnerships and growing teams is the exact talent we needed to expedite Elevate Security’s expansion.”

Elevate Security recruits Hieken on the heels of a successful series A1 investment round. Despite the COVID-19 pandemic, Elevate Security has doubled its customer base since the beginning of the year. As Elevate Security achieves continued customer growth, so does the company’s measurable impact on security resilience - Elevate Security reported influencing more than two million positive security decisions across the installed base resulting in prevented incidents and proven improvement to cyber resilience.

“Elevate Security is solving the security industry's greatest challenge which presents tremendous expansion opportunities. The Elevate Security team has established solid success to-date, and I am excited to further scale and accelerate our impact to help more organizations optimize their security technology spend, reduce employee risk and improve their overall cyber resilience,” said Hieken.

Hieken brings more than 25 years of technology and security expertise to the Elevate Security team with previous leadership roles at McAfee, Imperva and CA Software.

About Elevate Security

Elevate Security, the leader in Human Risk Management software, helps security leaders in enterprises measure, reduce and communicate human risk to keep their companies safe from cyber threats. One of the most challenging aspects of building a cybersecurity program is the human risk component. Elevate Security provides a way to quantify this human risk across the entire organization using security incident data that is already available. Quantifying human risk and analyzing it as part of an overall cyber risk framework provides unique insights to the Chief Information Security Officer (CISO). Armed with this insight, CISO’s are in a much better position to optimize their security technology spend, focus their monitoring and detection capabilities on the high risk groups and strengthen their overall cyber defense strategy. Medium and large enterprises across industries, from financial services, technology, healthcare and more, have benefited from increased cyber resilience by incorporating Elevate Security into their security infrastructure.

Spotlight

FireEye just released a report called "APT30 AND THE MECHANICS OF A LONG-RUNNING CYBER ESPIONAGE OPERATION" .The report focuses on a targeted threat group that we call APT30 (Advanced Persistent Threat group 30) and details how a cyber-threat group exploited Governments and commercial entities across India and Southeast Asia for over a decade.

Spotlight

FireEye just released a report called "APT30 AND THE MECHANICS OF A LONG-RUNNING CYBER ESPIONAGE OPERATION" .The report focuses on a targeted threat group that we call APT30 (Advanced Persistent Threat group 30) and details how a cyber-threat group exploited Governments and commercial entities across India and Southeast Asia for over a decade.

Related News

DATA SECURITY

Global VM Market Sees Strong Growth Due to Rise in Cyber Threats, Finds Frost & Sullivan

Frost & Sullivan | October 07, 2021

Frost & Sullivan's recent analysis on the Global Vulnerability Management Market finds that enterprises are becoming more vulnerable to cyber-attacks as they embrace digital transformation initiatives. This is due to an expanded attack surface resulting from multiple touchpoints through an open network and easy accessibility to databases and applications. An expanded attack surface has triggered the need for greater investments in vulnerability management (VM) solutions. Given this demand, the global VM market is expected to reach $2.51 billion by 2025, expanding at a compound annual growth rate (CAGR) of 16.3%. From a regional perspective, North America will continue to dominate the VM market over the forecast period. The recent executive order to improve US cybersecurity is one of the main demand drivers in the region. Europe, the Middle East, and Africa (EMEA) will be the second-largest VM market as a result of regulations such as General Data Protection Regulations (GDPR). Finally, the growing significance of cybersecurity among end-users and rapid digital transformation initiatives encourage organizations to embrace VM in APAC and Central and Latin America. The COVID-19 pandemic and the resulting work-from-home economy have expanded organizations' attack surface. With organizations adjusting to a new mode of business operations, VM capabilities for emerging platforms and applications will gain traction,In addition, as businesses embrace network-attached endpoints, cloud-based applications, and connected devices, the need for managing vulnerabilities in the extended attack surface will surge. Swetha R Krishnamoorthi, Senior Industry Analyst, Cybersecurity at Frost & Sullivan Swetha added: "Organizations' move toward holistic and focused security will encourage vendors to integrate capabilities from upstream, downstream, and alternative applications. Over the next decade, there will also be a likely emergence of an 'integrated security posture assessment tool' that provides end-to-end risk management for enterprises." Increased threats amid higher numbers of connected devices and regulatory requirements for organizations to perform regular vulnerability scanning and remediation will present lucrative growth prospects for VM vendors, including: Addressing end-to-end vulnerability management workflow through an integrated platform by having an extensive list of integrations that enable an organization to pull in data from different tools and trigger workflows on other platforms from a single pane of glass. Focusing on emerging economies and identifying local distribution partners and value-added resellers to boost expansion initiatives in emerging markets. Leveraging managed security service providers (MSSPs) as a revenue source to expand the customer base by developing a separate pricing model that works well for both MSSPs and customers, ensuring profitability. Expanding asset-type coverage to a non-conventional environment through strategic partnerships or inorganic deals with operational technology security vendors to hasten the acquisition of capabilities and achieve growth. Global Vulnerability Management Market, Forecast to 2025 is the latest addition to Frost & Sullivan's Information & Communication Technology research and analyses available through the Frost & Sullivan Leadership Council, which helps organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future. About Frost & Sullivan For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success.

Read More

SOFTWARE SECURITY

Vulcan Cyber Launches Remedy Cloud, providing thousands of vulnerability fixes with free access

prnewswire | November 04, 2020

Vulcan Cyber, the weakness remediation organization, today declared Vulcan Remedy Cloud, a free assistance based on the world's biggest information base of curated solutions for a huge number of security weaknesses. By sharing the Remedy Cloud library of fixes with the worldwide weakness the board network, Vulcan Cyber gives an amazing asset that smoothes out crafted by remediation by helping security and IT groups all the more viably organize remediation crusades. In related news, Vulcan Cyber today reported Vulcan remediation examination, which adds ground-breaking business insight abilities to its remediation arrangement stage. "Vulnerability management should be a means to an end, but due to process breakdowns there's never an end -- just a growing backlog of vulnerabilities that require remediation," says Yaniv Bar-Dayan, Vulcan Cyber co-founder and CEO. "We've identified a critical breakdown in the process when security teams hand off vulnerability remediation tasks to IT operations teams. Vulcan Remedy Cloud streamlines this workflow by providing both teams with remediation playbooks. This one function is extraordinarily effective at creating cross-team alignment and cooperation. We're proud to offer Remedy Cloud as a free service to our community to help enterprise organizations get fix done." Cure Cloud is an independent, free form of the Vulcan remediation knowledge abilities previously offered through the Vulcan remediation coordination stage. This remediation knowledge is the missing connection for any "found-to-fixed" remediation work process. Vulcan cures incorporate the correct patches, the best design contents, and even workarounds and repaying controls to support security and IT tasks groups rapidly tackle the most troublesome weaknesses. Vulcan remediation knowledge adds endeavor scale remediation arrangements intended to encourage more synergistic and productive remediation by coordinating cures with weakness filter, prioritization, fix and design the executives instruments. Security groups frequently distinguish and organize weaknesses yet the genuine work of remediation is finished by IT tasks, DevOps, and site dependability designing groups. Cure Cloud enables these groups to distinguish and adjust on the most ideally equipped solutions for the work, sparing time and exertion. This Vulcan Cyber freemium offering is important for a more extensive activity to help weakness the board programs become more compelling at driving remediation results. With Remedy Cloud, Vulcan Cyber opens a significant asset to whole infosec and IT people group to advance a "complete fix" outlook. Vulcan Cyber is assisting with quickening the business' move from uninvolved weakness the board to dynamic weakness remediation and robotized digital cleanliness. About Vulcan Cyber Vulcan Cyber has developed the industry's first vulnerability remediation orchestration platform, built to help cybersecurity and IT operations teams to collaborate and "get fix done." The Vulcan platform orchestrates the remediation lifecycle from found to fix by prioritizing vulnerabilities, curating and delivering the best remedies, and automating processes and fixes through the last mile of remediation. Vulcan transforms vulnerability management from find to fix by making it possible to remediate vulnerabilities at scale. The unique capability of the Vulcan Cyber platform has garnered Vulcan Cyber recognition as a 2019 Gartner Cool Vendor and as a 2020 RSA Conference Innovation Sandbox finalist.

Read More

Darktrace is the world's leading cyber AI company and Eurofins announce Cyber Security partnership

prnewswire | October 05, 2020

Eurofins Digital Testing, a global leader in end-to-end quality assurance, testing and cyber security services has today announced a partnership with Darktrace, the world's leading cyber AI company. This new partnership will empower Eurofins' customers and community to detect and respond to in-progress attacks anywhere across their entire digital infrastructure with Darktrace's cyber AI, including the Cloud, SaaS, corporate networks, IoT and industrial control systems. Darktrace was founded in 2013, and today its AI technology is relied on by over 4,000 organizations worldwide to identify and automatically fight back against fast-moving and sophisticated cyber-threats.

Read More