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

MX’s approach to security includes a defense-in-depth strategy. This strategy is supported by an established, operational MX Security Program, with a robust suite of governing policies, processes, security controls, and procedures to achieve MX’s security strategy. MX enacts defense in depth by hardening each layer of MX’s infrastructure and supporting processes.

Spotlight

MX’s approach to security includes a defense-in-depth strategy. This strategy is supported by an established, operational MX Security Program, with a robust suite of governing policies, processes, security controls, and procedures to achieve MX’s security strategy. MX enacts defense in depth by hardening each layer of MX’s infrastructure and supporting processes.

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DATA SECURITY,PLATFORM SECURITY,SOFTWARE SECURITY

Sevco Security Introduces First Cybersecurity Asset Attack Surface Dashboards

Sevco Security | December 14, 2022

Sevco Security, the cloud-native security asset intelligence platform for enterprises that want an accurate IT inventory, today introduced the industry’s first cybersecurity asset attack surface analytics dashboards. The new dashboards extend the Sevco platform to give CISO and IT leaders deep insights into the security coverage and state of their IT assets, enabling security teams to identify and eliminate security gaps in the enterprise cyberattack surface. Enterprise environments increasingly include a wide range of hardware, software, mobile devices, cloud infrastructure, and other IT assets as the fundamental backbone for operating the business and engaging with customers. However, with management of assets often spread across departments and geographies, it has become increasingly difficult for executive leadership to understand the security state of all their assets and to maintain accuracy in a dynamic environment. Equally challenging is the inability to gain insights into abandoned or stale IT assets to effectively mitigate the security risks that they introduce. Complex enterprise environments are increasingly experiencing incomplete security coverage with upwards of 19% of assets that have missing or stale security controls like endpoint protection and patch management. The new Sevco Security dashboards fill a critical gap in cybersecurity attack surface management by providing context-based analysis of enterprise-wide assets that surfaces risks associated with IT hygiene, compliance, and policy enforcement. “As organizations innovate and expand their asset footprint, they must have seamless visibility into the security state of their assets because they cannot manage what they cannot measure. “Sevco Security delivers the critical data for CISOs to thoroughly understand their cybersecurity asset attack surface and confidently report their defensive security posture to the board.” J.J. Guy, co-founder and CEO of Sevco Security With the new expansion to its platform, Sevco Security provides customers with data rich and customizable dashboard reports, including: Security coverage: Provides critical insights on asset security controls, allowing customers to identify gaps in coverage and proactively protect the previously unknown attack surface. This also empowers companies to manage internal governance and regulatory compliance requirements to monitor and validate that their security investments are fully deployed. Asset snapshots: Captures the detailed attributes of the assets across the infrastructure, such as IP address, user, and operating system so customers can quickly see the state of any device at any point of time. With asset snapshots, incident response and IT team members can quickly identify when an asset change occurred and manage decisions on restoring an asset to a previous state. Timeline trending: Enterprise assets are tracked on a daily trendline empowering IT and security leaders to gain context of what’s typical for their environment and to readily view spikes and outlier activity. Out-of-the-box trending data is automatically captured for total devices, new devices, inactive devices in the last 15 days, total users, and new users. Custom, interactive dashboards: In addition to the pre-built dashboards, users can create and save unlimited queries on their asset telemetry to produce customized insights dashboards. This puts asset data analysis at users’ fingertips, providing an easy way to obtain tailored insights in a top-level dashboard. All dashboards are interactive, allowing users to ‘click’ and drill deeper into the data for pinpoint clarity on a particular area of interest. Complex asset environments are a normal operating fabric for businesses. Sevco Security is dedicated to helping organizations capture a comprehensive view of their asset ecosystem and readily identify and address any security risks they pose. The new cybersecurity asset attack surface dashboards are now available to customers. About Sevco Sevco Security is the cloud-native security asset management platform for enterprises that require an accurate IT inventory. Its patented telemetry technology creates a unified inventory that is updated continuously to deliver real-time asset intelligence and help security and IT teams identify and close their previously unknown security gaps. Founded in 2020 and based in Austin, Texas, Sevco is backed by SYN Ventures, .406 Ventures, Accomplice and Bill Wood Ventures.

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DATA SECURITY,PLATFORM SECURITY,SOFTWARE SECURITY

Mimecast Partners With Okta to Safeguard Enterprises from Insider Threat Attacks

Mimecast | November 09, 2022

Mimecast Limited, an advanced email and collaboration security company, today announced a new strategic integration with Okta, Inc., one of the leading independent identity providers, designed for enterprise customers to proactively mitigate the increasing risk and complexity of insider threat attacks. Building on Mimecast’s extensive library of API integrations, the integration partnership will further enable organizations to Work Protected™ amidst the proliferation of social engineering attacks targeting their hybrid workforce, customers, and supply chain. The integration of these solutions can empower strained IT teams with an expanded arsenal of AI-enabled tools and technologies that strengthen protection at the intersection of business communications, people, and data. The increased prevalence and damaging ramifications of insider threat attacks are well-documented. IBM’s 2022 Cost of a Data Breach Report found that stolen or compromised credentials were the most common cause of data breaches over the previous year, serving as the primary attack vector in nearly 20% of breaches. They also had the longest lifecycle of all breaches, taking approximately 243 days to identify and another 84 days to contain, and resulted in an average of $4.50 million in losses. However, according to the same study, organizations with fully deployed security AI and automation experienced breach lifecycles that were 74 days shorter, on average, and cost a median of $3.05 million less. By integrating Mimecast’s purpose-built, cloud-native email and collaboration security with Okta’s world-renowned identity access management offerings, organizations can deploy AI-enabled automation to help mitigate the impact of compromised account activity – streamlining human workflows through real-time threat intelligence sharing and automated response actions across two best-of-breed solution architectures. Optimized for rapid deployment flexibility and simplicity of use, the integration is engineered to allow administrators to seamlessly assume granular control within minutes regardless of their level of IT expertise. “Our integration partnership with Okta comes at a pivotal time as insider threats have emerged as a critical vulnerability for the modern hybrid enterprise. “This integration is a microcosm of the Mimecast mission to extend our services beyond email and collaboration security alone. Joining forces with a fellow industry pioneer like Okta enables us to execute a vital ‘team sport’ approach to cybersecurity, building on the existing security investments, capabilities, and tools of our customers to ensure their organizations remain safe.” Jules Martin, Mimecast vice president of ecosystems & alliance “With the ever-evolving nature of the cyber threat landscape, it’s imperative that we amplify our identity access management services to address new and emerging attack vectors,” said John Grundy, Okta senior strategic alliance manager. “This integration partnership with Mimecast enables us to do exactly that, creating a holistic automation framework that empowers enterprises to enhance the efficiency of their insider threat detection and response posture.” Mimecast, a Gold Sponsor of Oktane22, will be presenting a live demo of the integration at the annual conference on November 8-10, 2022. Mimecast: Work Protected™ Since 2003, Mimecast has stopped bad things from happening to good organizations by enabling them to Work Protected. We empower more than 40,000 customers to help mitigate risk and manage complexities across a threat landscape driven by malicious cyberattacks, human error, and technology fallibility. Our advanced solutions provide the proactive threat detection, brand protection, awareness training, and data retention capabilities that evolving workplaces need today. Mimecast solutions are designed to transform email and collaboration security into the eyes and ears of organizations worldwide.

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DATA SECURITY,PLATFORM SECURITY,SOFTWARE SECURITY

Cloudflare Announces New Suite of Email Security and Data Protection Solutions

Cloudflare | January 12, 2023

On 11 Jan 2023, Cloudflare, Inc., a leading cybersecurity solutions provider focused on building a better internet, announced multiple new Zero Trust email security tools, compatible with any email provider. The solution prevents sensitive data exfiltration via email, guard employees against multichannel phishing attacks, and help businesses simplify and accelerate deployments. Cloudflare offers organizations simple and reliable phishing and malware protection that is deeply incorporated with its Zero Trust platform, helping organizations secure all their data and applications. “You can’t have a complete Zero Trust solution without securing email, given that a huge proportion of all cyberattacks begin with phishing,” stated the Co-Founder and CEO of Cloudflare, Matthew Prince. “In 2022, Cloudflare Area 1 identified and kept almost 2.3 billion unwanted messages out of customer inboxes. Today we’re filling a void in the marketplace that has been underinvested in for the last ten years, with the first set of deeply integrated solutions that bring together Cloudflare Area 1 email security and our Zero Trust platform,” he added. (Source: Businesswire) Email is one of the most pervasive and exploited tools used by businesses daily. According to the FBI’s most recent Internet Crime Report, email account compromise and business email compromise led to U.S. companies losing nearly US$ 2.4 billion. In addition, email is one of the most complex tools for businesses to secure, involving a massive drain on IT team resources, multiple vendors, and complex deployments. Cloudflare’s Zero Trust SASE platform will allow customers to deploy email security and data protection tools that are comprehensively linked with their current security stack and compatible with any email service provider. Cloudflare One offers a comprehensive Zero Trust SASE platform that is built into Cloudflare’s global network, which spans over 275 cities in over 100 countries. This deeply embedded approach makes it easy to set up in just a few clicks without switching email providers. With Cloudflare Area 1’s new solutions, companies can automatically isolate questionable email attachments and links, identify and prevent data leaks, and rapidly onboard new Microsoft 365 domains. About Cloudflare Headquartered in San Francisco, California, Cloudflare safeguards and speed up any Internet-based application without installing software, adding hardware, or modifying a single line of code. As a result, the company’s clients experience significant improvement in performance and a reduction in spam and other attacks. Founded in 2009, the organization ranks amongst the 50 most innovative companies worldwide by Fast Company, is acknowledged by the World Economic Forum as a Technology Pioneer, and has been named the Most Innovative Network & Internet Technology Company for two consecutive years by the Wall Street Journal.

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