PAGO | February 08, 2022
PAGO, a South Korean MDR provider and value-added reseller, has embraced Stellar Cyber's Open XDR Platform to expand PAGO's security-as-a-service program for organizations across the country. Stellar Cyber is the leading security operations platform for MSSPs and the creator of Open XDR.
PAGO has thoroughly integrated stand-alone EDR, SIEM, UEBA, NTA, AD Security, TI Interworking, Cloud Security, and Sandbox products for its MDR service but found it nearly hard to correlate inputs from various tools to acquire a holistic view of its clients ' total security manually. PAGO is now automatically analyzing and connecting data from multiple devices to enable faster intrusion responses for its clients, thanks to the Stellar Cyber Open XDR Platform.
“We needed an MDR service system that processed multiple tools’ threat data with an integrated, AI-powered, Big Data system,” said Paul Kwon, CEO at PAGO. “The Stellar Cyber Open XDR platform is the first we’ve seen that unifies and correlates data from our various security tools and responds automatically to significantly improve our customers’ security while enabling us to manage our in-house resources better.”
The Open XDR Platform from Stellar Cyber combines data from all existing security tools (as well as data from its sensors), analyses it for anomalies, displays and prioritizes contextual security incidents in an intuitive dashboard, and responds automatically through those tools to provide near-real-time protection. As a result, MDR security specialists like PAGO can use Stellar Cyber's platform to monitor customers' comprehensive security profiles and take swift action when risks are detected from a single console.
“MDRs and MSSPs love our platform because it allows them to leverage investments in existing security tools and deliver high-margin detection and response services without scaling analyst staffs,” “We built AI and Big Data into our platform from the beginning to enable this scalability through automation.”
Brian Stoner, VP of the MSSP business unit at Stellar Cyber
prnewswire | October 26, 2020
AE Industrial Partners, LP , a private value firm specializing in Aerospace, Defense and Government Services, Power Generation, and Specialty Industrial markets, declared today that it has obtained PCI , a main supplier of cybersecurity, PC network operations , cloud, systems designing, enterprise IT, and information analytics to the knowledge and defense communities. Terms of the transaction were not disclosed.
The acquisition of PCI represents AEI's ninth stage investment in AE Industrial Partners Fund II, LP, which closed in 2018 with $1.36 billion in value commitments, and the thirteenth transaction closed by AEI in 2020. PCI is an exceptional stage investment for AEI as the firm continues its energy and ongoing success in the Defense and Government Services market, and will furnish PCI with extra venture into the defense, knowledge, and public security communities.
PCI is an innovation focused organization that provides cybersecurity and CNO, cloud designing and IT infrastructure, information analytics, and system designing solutions and services. PCI is a trusted advisor to the U.S. Insight Community, Department of Defense, and Federal Government, creating driving edge mission solutions using rising technologies and demonstrated practices to solve the most intricate cybersecurity, cloud, and enterprise IT challenges of its customers. Established in 2008 via Sean Battle, Don Whitfield, Josh Kinley, and Vance Mitzner, PCI is based in Columbia, Maryland, with extra operations all through the United States and all around the world. The Company has been named a best work environment by the Baltimore Sun, selected for the 2020 Inc. 5000 list of fastest-developing privately owned businesses in America, and has also been perceived for its responsibility to network inclusion and commitment.
"PCI is a trusted provider of critical technology services in support of some of the most enduring national security missions across the federal government," said Jeffrey Hart, a Principal at AEI. "Cyber threats faced by the defense and intelligence communities are at an all-time high, and the government can't afford to lag our adversaries in critical technology domains such as cyber and computer network operations, where PCI excels. We believe that PCI, with its full spectrum of solutions and premier relationships, is well-positioned and aligned with the national security community's most strategic priorities. We look forward to working closely with the world-class team at PCI."
"With the backing of AEI, we will have the resources to invest in the technology and talent required to meet the growing needs of our customers," said Sean Battle, CEO of PCI. "AEI knows our sector well, and we are confident that PCI will reach its next level of growth with their guidance, relationships, and partnership."
"We are very excited to partner with Sean and the rest of the PCI team," said Kirk Konert, Partner at AEI. "They have built a great platform in their core intelligence and defense end markets and have a depth of experience supporting customers on missions critical to national security. We look forward to working with PCI and accelerating the growth of the business."
Kirkland and Ellis LLP served as lawful advisor, and Ernst and Young LLP served as budgetary advisor to AEI. Miles and Stockbridge P.C. served as legitimate advisor, and Aronson Capital Partners served as money related advisor to PCI.
Founded in 2008, PCI is a technology-focused company that provides cybersecurity and CNO, cloud engineering and IT infrastructure, data analytics, and system engineering solutions and services to the federal government and intelligence community. Based in Columbia, Maryland, and with a corporate office and training facility in Lexington, Massachusetts, PCI operates in 14 states and internationally. For more information
About AE Industrial Partners
AE Industrial Partners is a private equity firm specializing in Aerospace, Defense & Government Services, Power Generation, and Specialty Industrial markets. AE Industrial Partners invests in market-leading companies that can benefit from our deep industry knowledge, operating experience, and relationships throughout our target markets.
prnewswire | October 27, 2020
Netwrix, a cybersecurity merchant that makes information security simple, today declared monetary market discoveries from its 2020 Netwrix Cyber Threats Report. Netwrix directed this online overview in June 2020 to see how the pandemic and following work-from-home activities changed the IT hazard scene.
Of the apparent multitude of verticals the online study investigated, the money related industry displayed the most extraordinary changes in cybersecurity needs. Worry about VPN misuse soar, with an astounding 94% of respondents naming it a top security hazard. Stress over gracefully chain bargain additionally took off, from half to 97%. The quantity of associations organizing intentional information burglary dramatically increased, from 30% pre-pandemic to 70% now, while worry about incidental information sharing dropped from 80% to half.
Notwithstanding this expanded worry about vindictive action, the most generally detailed occurrences included human blunders: 48% of respondents had clients succumb to phishing assaults in the initial hardly any months of the pandemic, 31% endured ill-advised information sharing, and 28% experienced episodes brought about by administrator botches.
Different discoveries of the overview include:
30% of monetary associations feel they are at more prominent cybersecurity hazard now than they were pre-pandemic. The lion's share (64%) are worried about both more regular cyberattacks and the security holes brought about by far off work.
14% of respondents announced a flexibly chain bargain since the pandemic started. Despite the fact that this function is viewed as a basic danger by practically all monetary associations now, the casualties were especially delayed in distinguishing it: 76% required days, weeks or months.
Uncertain information sharing took the longest to recognize: 51% expected days to hail the episode, while 19% required weeks and 11% required months.
"In the money related area, worry about pernicious admittance to touchy information soar in the initial hardly any months of the pandemic, more so than in some other vertical. Notwithstanding, most of occurrences at budgetary associations during that period were really brought about by the human component. To limit both malevolent and unintentional information misfortune, this industry should notice cybersecurity specialists, who suggest consolidating normal end-client preparing with adaptable arrangements that can proactively distinguish and secure touchy information and spot assaults before they become breaks," said Ilia Sotnikov, VP of Product Management at Netwrix.
Netwrix makes information security simple, in this way disentangling how experts can control delicate, controlled and business-basic information, paying little heed to where it lives. In excess of 10,000 associations overall depend on Netwrix answers for secure delicate information, understand the full business estimation of big business content, pass consistence reviews with less exertion and cost, and increment its efficiency groups and information laborers.
Established in 2006, Netwrix has acquired in excess of 150 industry grants and been named to both the Inc. 5000 and Deloitte Technology Fast 500 arrangements of the quickest developing organizations in the U.S.