DATA SECURITY, PLATFORM SECURITY, SOFTWARE SECURITY
Businesswire | May 05, 2023
Immuta, a leader in data security, today announced a new strategic investment from Databricks Ventures, the investment arm of the data and AI company and pioneer of the lakehouse. The investment builds on a longstanding partnership between the two companies and positions Immuta as one of Databricks’ trusted partners of choice for data security and access control. The investment will go towards product innovation to strengthen the integration between both platforms and new go-to-market initiatives to increase enterprise adoption.
“Immuta is a trusted data security partner,” said Ali Ghodsi, CEO and Co-founder of Databricks. “Over the last six years, we've been successfully collaborating to serve global enterprise customers like ADP, Swedbank, and many others. By integrating directly with Databricks Unity Catalog, Immuta provides a seamless way for our joint customers to protect their data in the Databricks Lakehouse.”
“Through our joint partnership with Databricks, Immuta is now embedded in some of the largest and most complex cloud data projects across industries," said Matt Carroll, CEO of Immuta. "With this new investment, we're going to make our tight integration with Databricks Unity Catalog even better so that our customers can take data security to a new level and continue to unlock more value from their data.”
This investment comes after a year of immense growth for Immuta during which the company reported a 200% increase in Annual Recurring Revenue (ARR) for its Data Security Platform SaaS offering as it expanded globally into EMEA and APAC. This strong and consistent growth has been fueled by an equally strong track record of funding that includes investments from ServiceNow and NightDragon to support the growing demand for data security from customers around the globe.
“As a company with over a million clients doing payroll for millions of people, ADP processes a large amount of data,” said Jack Berkowitz, Chief Data Officer at ADP. “Databricks helps us to manage that data and Immuta plays an important role in administering security and access control. As we look to innovate with new products and implement a multi-cloud strategy, we must treat the data properly – it must be governed.”
“Swedbank needed to build an enterprise-scale advanced analytics platform that would also enforce trust in our security, management, and access to data internally, while protecting our customers’ assets and data,” said Vineeth Menon, Head of Data Lake Engineering at Swedbank. “Immuta and Databricks have been instrumental in helping us build that vision and we are excited to see their partnership go to the next level.”
Forrester Consulting recently conducted a Total Economic ImpactTM study that found Immuta provided benefits totaling $6.08M and an ROI of 175% over three years for a composite organization, which was based on interviews with six Immuta customers. According to the commissioned Forrester study, “The efficiencies the organizations experienced with Immuta coupled with the ability to meet stricter compliance standards enabled them to scale data access across the organizations to better serve internal innovation efforts and, thereby, better meet external customer needs.”
For more information about Immuta’s partnership with Databricks and the new integration between Immuta and Databricks Unity Catalog, please visit https://www.immuta.com/partners/databricks/.
Immuta enables organizations to unlock value from their cloud data by protecting it and providing secure access. The Immuta Data Security Platform provides sensitive data discovery, security and access control, data activity monitoring, and has deep integrations with the leading cloud data platforms. Immuta is now trusted by Fortune 500 companies and government agencies around the world to secure their data. Founded in 2015, Immuta is headquartered in Boston, MA. To learn more about Immuta, click here.
About Databricks Ventures
Databricks Ventures is the strategic investment arm of Databricks, the data and AI company. Databricks Ventures invests in innovative companies that align with our view of the future for data, analytics and AI; and are committed to extending the lakehouse ecosystem or using the lakehouse architecture to create the next generation of data and AI-powered companies.
DATA SECURITY, ENTERPRISE SECURITY, SOFTWARE SECURITY
Prnewswire | May 18, 2023
Barracuda Networks, Inc., a leading provider of cloud-first security solutions, today announced a new platform called Barracuda SecureEdge, a SASE solution that helps make hybrid and remote work easier to secure. Barracuda SecureEdge integrates Barracuda's Secure SD-WAN, Firewall-as-a-Service, Zero Trust Network Access, and Secure Web Gateway capabilities. Using a single-vendor solution enables businesses and MSPs to strengthen their security posture and help to reduce costs. Delivered as a service, Barracuda SecureEdge secures users, sites, and IoT devices, is easy to manage and connects any device, application, and cloud/hybrid environment.
According to Gartner®, "By 2025, 80% of enterprises will have adopted a strategy to unify web, cloud services, and private application access using a SASE/SSE architecture, up from 20% in 2021."1.
Using a single-vendor SASE solution like Barracuda SecureEdge can lead to cost reduction and stronger security. It reduces the number of systems to purchase and lowers internal and external support costs. Additionally, improved security can be achieved and there are fewer risks of misconfigurations and interoperability issues that can happen between separate security systems. Today, cloud migrations, remote work, and the need for anytime, anywhere access makes a SASE solution essential.
The new Barracuda SecureEdge platform makes hybrid and remote work easier to secure, strengthens security, improves performance, and reduces management complexity. Key use cases for customers include:
Multi-layered network protection: Offers consistent policy enforcement for in-office and remote users, delivered from the cloud, on-premises, or in a hybrid environment.
Protection against web-based threats: Protects against web-based threats, regardless of the location of the user.
Secure remote access: Provides secure remote access for any user to any application and workload, with Zero Trust Access.
Optimized cloud and application access: Facilitates optimized cloud and application access from any user or site by providing Secure SD-WAN capabilities.
SecureEdge facilitates direct access to applications for remote users with Zero Trust enforcement, URL filtering, and traffic optimization to make the most of shared internet lines. Key highlights of the new platform are:
Control and visibility: Provides a high level of control and visibility into user-generated traffic at each endpoint. Selective security inspection enables businesses and MSPs to maintain control over critical application traffic.
Intent-based networking: Simplifies operations by applying intent-based networking principles across the entire platform, including SD-WAN and secure application access.
Multiple levels of security and connectivity: Includes multiple levels of security and connectivity with auto-secure SD-WAN over all available uplinks.
Built-in optimization: Built-in last-mile optimization uses advanced Forward Error Correction algorithms to mitigate packet loss and optimize network traffic. These algorithms are applied when connecting office locations as well as endpoints.
Barracuda SecureEdge is available for customers, partners, and MSPs. Please see the following for more information:
"Barracuda's new SecureEdge platform provides businesses and MSPs with a SaaS solution that makes remote and hybrid work easier to secure and helps to improve security and reduce costs," said Tim Jefferson, SVP, Engineering for Data, Network, and Application Security at Barracuda. "With SecureEdge, Barracuda offers a cloud-native SASE platform that enables customers to control access to data from any device, anytime, anywhere, and allows security inspection and policy enforcement in the cloud, at the branch, or on the device."
"The new SecureEdge platform from Barracuda, which offers a single solution that includes secure SD-WAN and remote access for users, will enable us to extend security features to the endpoint and make remote and hybrid work easier to protect," said David Peppard, Chief Technology Officer with SuperCare Health. "By implementing device-level security and inspecting suspicious or endangered network traffic on the SD-WAN device or in the cloud, we are confident that we can achieve a dramatically increased level of security."
"Barracuda's new SASE service, SecureEdge is an innovative platform that provides enhanced security capabilities to the endpoint and facilitates the protection of remote and hybrid workforces," said Sascha Koecher, Technical Team Lead, Security & Network at Digit Solutions. "SecureEdge boasts a simple rollout and intuitive management, all accessible through a single portal. We are confident that our mutual customers will appreciate the benefits of the platform and enjoy peace of mind knowing their networks are protected against today's most advanced cyber threats."
About Barracuda Networks
At Barracuda, we strive to make the world a safer place. We believe every business deserves access to cloud-first, enterprise-grade security solutions that are easy to buy, deploy, and use. We protect email, networks, data, and applications with innovative solutions that grow and adapt with our customers' journey. More than 200,000 organizations worldwide trust Barracuda to protect them — in ways they may not even know they are at risk — so they can focus on taking their business to the next level. For more information, visit barracuda.com.
Barracuda Networks, Barracuda and the Barracuda Networks logo are registered trademarks or trademarks of Barracuda Networks, Inc. in the U.S. and other countries. Other trademarks are the property of their respective owners.
DATA SECURITY, PLATFORM SECURITY, SOFTWARE SECURITY
iTWire | May 30, 2023
CyberArk (NASDAQ: CYBR), the Identity Security company, today introduced CyberArk Secure Browser. This first-of-its-kind Identity Security web browser enables organisations to better protect against attacks with a flexible, identity-based approach to securing employee and third-party access to enterprise resources.
By 2030, enterprise browsers will be the core platform for delivering workforce productivity and security software on managed and unmanaged devices for a seamless hybrid work experience.1 Browsers provide a vital connection between identities, applications and data, making them a prominent attack vector and a target for cybercriminals – especially in distributed, work-from-anywhere environments.
A rise in post-MFA authentication attacks targeting session cookies reinforces the need for defense-in-depth strategies. Now, CyberArk is applying its deep cybersecurity experience, history of Identity Security innovation and intelligent privilege controls to web browsing. Part of the CyberArk Identity Security Platform, the Chromium-based CyberArk Secure Browser supports enterprise Zero Trust initiatives with integrated security, centralised policy management and productivity tools while delivering a familiar user experience. The CyberArk Identity Security Platform delivers the most robust, layered approach to address the number one area of cybersecurity risk: credential access.2
CyberArk Secure Browser is designed to eliminate existing security gaps between consumer-focused browsers and SaaS applications, endpoint-based controls and identity providers. By extending the CyberArk Identity Security Platform to the browser itself, CyberArk makes it easy for IT teams to tailor security, privacy and productivity controls on managed and unmanaged devices. Key features include:
Cookieless Browsing: Cookieless browsing is a key differentiating feature that allows users to access and use web-based resources without exposing cookie files to attackers. The cookies will be stored remotely on CyberArk servers enabling secure and seamless web browsing without saving cookie files on the endpoints. This approach makes it difficult for attackers or third parties to steal, forge, alter or manipulate cookies to gain unauthorised access to sensitive resources and helps ensure that users’ web sessions, data and accounts remain confidential and secure.
Data Exfiltration Protections: Companies can control the browsing experience with fine-grained policies designed to prevent data exfiltration attempts that can compromise corporate data.
Password Replacement: CyberArk Secure Browser features patent-pending password replacement functionality. Instead of showing stored credentials for privileged resources or websites, the browser displays a one-time alphanumeric string. This string works only once, only in CyberArk Secure Browser and only for intended targets – eliminating the possibility that end users will see these privileged credentials in plain text.
Extensibility: Third-party identity providers and out-of-the-box integrations are supported with the CyberArk Identity Security Platform solutions, including CyberArk Workforce Password Management and CyberArk Secure Web Sessions. This allows companies to customise session protections, access controls and credential management to each user based on their roles. It also works in conjunction with CyberArk Endpoint Privilege Manager to mitigate potentially risky web access and vulnerable endpoints.
Quick Access Bar: The built-in quick access sidebar helps ensure end users can utilise their Single Sign-On (SSO) credentials to securely access frequently used apps, third-party tools and CyberArk privileged access management resources directly from CyberArk Secure Browser with the click of a button.
“CyberArk is constantly innovating – working to protect our customers against current cybersecurity risk and emerging threats. Based on trends impacting hybrid work environments and research generated by our CyberArk Labs and Red Team, developing an enterprise browser – with an identity-first, security-first approach – was a natural progression for our business,” said Gil Rapaport, general manager, Access at CyberArk. “CyberArk Secure Browser represents a new era of web browsing, where security, privacy and productivity are the top priorities.”
Dynamically mirroring controls and access policies existing on Chrome and Edge browsers that are already deployed on the end user’s device, CyberArk Secure Browser reduces IT overhead and accelerates the deployment timeline for employees, contractors and vendors.
Planned availability for CyberArk Secure Browser on Windows endpoints is by the end of 2023. To learn more about CyberArk Secure Browser, please visit https://lp.cyberark.com/secure-browser-early-access.html.
CyberArk is the global leader in Identity Security. Centered on privileged access management, CyberArk provides the most comprehensive security offering for any identity – human or machine – across business applications, distributed workforces, hybrid cloud workloads and throughout the DevOps lifecycle. The world’s leading organizations trust CyberArk to help secure their most critical assets.