CyberCube | March 01, 2022
CyberCube, a leading provider of software as a service (SaaS) insurance core systems, said today that it has teamed with Duck Creek Technologies (Nasdaq: DCT) to streamline the underwriting of cyber insurance policies.
CyberCube's Risk Scoring Analytics application programming interface (API) will be integrated into Duck Creek Policy, the award-winning underwriting platform, as part of the agreement. This means that CyberCube will automatically scan and score hazards entered into Duck Creek Policy. As a result, the product streamlines the underwriting process, increases efficiency, and improves the capacity to uncover cyber vulnerabilities by automating the flagging and referring of risks that require assessment.
Head of Client Account Management and Technology Services of CyberCube, Ross Wirth, said: “This new partnership with Duck Creek will bring tangible benefits to the users of Duck Creek’s policy underwriting platform. Prior to the integration, underwriters were making decisions without access to key cyber metrics. They may have missed key flags and would have had to rely solely on external research during the underwriting process. Now, that’s changing. CyberCube’s risk scoring API will act as an early indicator to assist in the underwriting process. Ultimately, underwriters will gain a more complete view of a client’s cyber exposures and vulnerabilities early in the underwriting process so that they can respond accordingly.”
CyberCube is a global leader in cyber risk analytics for the insurance business. Insurers, reinsurers, and brokers use CyberCube's solutions to better understand their cyber risk exposure and assess clients for underwriting purposes. Risk carriers can also use CyberCube's technologies to test their risk portfolios against simulated systemic cyber catastrophes.
In an era of rapid, customer-centric innovation and expansion, Duck Creek Policy enables P&C carriers to create insurance products at scale. With automation and workflow management tools, an integrated development environment for insurance products, and pre-built content, the Policy product supports the entire insurance policy lifecycle process. As a result, carriers can get to market faster, increase operational efficiencies, and improve customer happiness by using low-code tools offered via a software-as-a-service (SaaS) paradigm.
“Data-enhanced underwriting is a modern risk-selection requirement to effectively and appropriately analyze cybersecurity risks, With CyberCube, we are bringing better business and underwriting intelligence into Duck Creek Policy, ensuring carriers who underwrite cyber risk have a centralized source of actionable data.”
Robert Fletcher, Head of Global Solution Partnerships of Duck Creek Technologies
businesswire | November 18, 2020
Enzoic, a main supplier of bargained certification screening arrangements, today reported an association with OneLogin, a cloud-based character and access the board supplier. The joint effort will see Enzoic's qualifications screening administration incorporated into OneLogin's SmartFactor Authentication item, guaranteeing that accreditations uncovered in an earlier break can't be utilized.
Verizon's 2020 Data Breach Investigations Report distinguished that taken certifications are associated with 29 percent of information breaks and that 80% of hacking-related penetrates include bargained and feeble qualifications. These discoveries underscore that forestalling the utilization of uncovered qualifications is basic to diminish the probability of an effective assault.
The Enzoic and OneLogin association is intended to dispose of the danger of bargained accreditations. Through the arrangement, OneLogin will coordinate Enzoic's API so that each time a client makes a secret phrase, it will naturally be screened against Enzoic's live information base of different billions of uncovered username and secret phrase mixes. On the off chance that the qualifications are uncovered, it will request that the client make another exceptional secret phrase. This altogether decreases the danger of fruitful accreditation stuffing, account takeover or different types of information break occurring without adding superfluous contact.
“Preventing the use of exposed credentials is the key to shoring up password vulnerabilities,” said Josh Horwitz, COO, Enzoic. “As the number of breaches and cyber attacks show no sign of abating, it's critical that organizations take steps to protect against this threat by screening credentials. We are excited to partner with OneLogin to deliver this peace of mind to its customers that use SmartFactor Authentication."
“Cybersecurity threats are a part of our digital world,” said Venkat Sathyamurthy, Chief Product Officer OneLogin.“By integrating Enzoic’s intelligent technology, we’re preventing our users from inadvertently deploying credentials that have already been breached and exposed on the Dark Web. As a result, the risk of account takeover from compromised credentials is reduced while ensuring that the authentication process remains smooth for our customers.”
Enzoic is an enterprise-focused cybersecurity company committed to preventing account takeover and fraud through compromised credential detection. Organizations can use Enzoic solutions to screen customer and employee accounts for exposed username and password combinations to identity accounts at risk and mitigate unauthorized access. Enzoic is a profitable, privately held company in Colorado.
OneLogin is the number one value-leader in Identity and Access Management. Our Trusted Experience Platform provides everything you need to secure your workforce, customers, and partners at a price that works with your budget. Headquartered in San Francisco, OneLogin secures over 2,500 customers worldwide, including Airbus, Stitch Fix, and AAA.
END POINT PROTECTION
SentinelOne | February 07, 2022
SentinelOne, an independent cybersecurity platform firm, announced a new integrated solution with Mimecast to increase end-to-end threat prevention, speed incident response, and reduce security team delays. SentinelOne and Mimecast allow security teams to take advantage of cooperative defenses and quickly respond to attacks across email and endpoints using XDR automation for a holistic approach to incident response.
Security operations teams are stretched to the limit investigating and remediating each incident as tactics change, threat actors' sophistication grows, and new vulnerabilities are discovered regularly. Email continues to be one of the most widely used attack channels. According to Mimecast's State of Email Security report for 2021, risks have increased by 64% during the pandemic, and 70% of businesses expect to be impacted by an email-borne attack. As a result, organizations are looking for integrated defenses to safeguard email and improve incident response capabilities while reducing complexity, minimizing risk, and relieving pressure on an already overworked security team.
“Email inboxes are often a prime vector for attacking the enterprise. Mimecast detects new threats through our multi-layered inspection capabilities, helping security operations teams who are still spending too much time on the manual collection, normalization, and prioritization of data,” said Julian Martin, VP Ecosystem & Alliances, Mimecast. “Our integration with SentinelOne solves for this challenge, improving and accelerating the incident response capabilities we offer our customers. As the cyber threat landscape continues to expand, detecting and responding to these threats in real-time is crucial for an organization’s security infrastructure,It’s important to leverage trusted security platforms like those offered by SentinelOne and Mimecast to help identify and mitigate the risk of cyberattacks.”
Ahmed Shah, Senior Vice President of Strategic Alliances, Optiv
The integrated solution from SentinelOne and Mimecast strengthens and accelerates incident response capabilities across all security layers, including email, endpoints, and the cloud. For example, when a threat is detected in SentinelOne, the integration takes automatic measures like suspending a particular user's email, blocking that user's email, or quarantining the email account.
“The speed and sophistication with which adversaries are attacking organizations has become staggering, and too often SOC teams are burdened with investigating security issues as opposed to solving them,” said Yonni Shelmerdine, VP Product Management, SentinelOne. “The integrated solution enables our customers to accelerate incident response and contain threats faster by automatically quarantining affected users in Mimecast. This ultimately reduces complexity, minimizes risk, and decreases the demands on SOC teams.”
With XDR automation, Mimecast and SentinelOne's combined solution provides never-before-seen holistic protection across client email and endpoints, dramatically increasing end-to-end threat detection and incident response.