Vestech Securities | April 01, 2022
Vestech Securities, Inc., a St. Louis-based independent broker-dealer, and Vestech Asset Management, a state-registered investment advisor, have chosen Entreda to provide their advisors and employees with network protection under Entreda's industy-leading cybersecurity compliance software and solutions.
Vestech Securities' choice of Entreda to monitor and remediate cybersecurity risks demonstrates how the market vendor's proven track record in protecting businesses continues to solidify Entreda's reputation for best-in-class cyber risk management, backed by a deep understanding of regulatory standards. Vestech will have access to Unify's network vulnerability assessment and penetration testing, vendor due diligence, and cybersecurity threat mitigation solutions as a consequence of the arrangement, as well as the advantages of Entreda's dedication to service excellence.
"The rising threat of network breaches across industries have prompted wealth management firms to increase and enhance protection measures. Companies understand advisors cannot serve the best interests of their clients, or invest their money with confidence, without a platform that eliminates cyber risks or have in place a vendor risk assessment process. Entreda's relentless focus on network security, the capability of its end-to-end platform to give a full report on the cybersecurity of any users who access company data, help wealth managers guard against system vulnerabilities."
Sid Yenamandra, CEO and founder of Entreda, a subsidiary of Smarsh Company
John Huang, president of Vestech Securities, said, "As a firm dedicated to help growing the practices of independent financial advisors, Vestech understands the importance of protecting investment professionals, their valuable business, and their clients. Widespread vulnerability to cyberattacks looms large in the wealth management industry, and Entreda's Unify platform provides the tools we need for continuous monitoring and adjustment, to detect issues at the earliest stages and address them quickly."
Marco Ramirez, Vestech's Chief Compliance Officer, stated, "When we set out to identify a vendor of cybersecurity services, we wanted a company that understood our culture of integrity and achieving industry best practices. Entreda's highly regarded Unify platform, with its stellar ratings from other firms, was the most obvious choice. We are pleased to take cybersecurity to the next level on behalf of our independent advisors and the clients they serve."
The Unify platform provides continuous network and endpoint monitoring for all network PCs and other devices for wealth management and insurance corporate customers. Entreda's unique Cyber Risk Number, a rating system that assesses individuals' and organizations' cybersecurity postures, as well as Entreda's industry-leading auto-remediation, make up the platform. It also offers real-time network vulnerability assessment, cyber awareness and anti-phishing training, as well as third-party vendor cyber due diligence.
As per the T3 Inside Information Advisor Software Survey for 2021, Entreda has a 14 percent market share for cybersecurity resources, which is more than four times its nearest rival in the financial advising field.
Vestech's management team hired Entreda because they needed a firm that was familiar with FINRA standards. Entreda is included in FINRA's vendor registry.
businesswire | December 01, 2020
Cyber Security Cloud, Inc. (CSC) is pleased to announce the availability of WafCharm on Microsoft Azure. Already available to over one million Amazon AWS users around the world, this launch provides Azure users with AI operation of Web Application Firewall (WAF) rules, expanding WafCharm’s availability to 60% of the world’s cloud users.
Microsoft Azure users now have access to the same WafCharm benefits for securing their web applications in the cloud as do their Amazon AWS counterparts. By making WafCharm available on two of the industry’s top cloud platforms, businesses benefit by being able to select the cloud service that best fits their needs while enjoying the ease-of-use WafCharm offers.
“WafCharm automates WAF rules using machine learning and big data without requiring security experts to customize the system,” CSC’s CTO, Yoji Watanabe, stated. “With CSC’s expertise in the cloud-WAF industry, Azure users can optimize their cloud functionality and focus resources on their businesses instead of constantly fine-tuning WAF rules to the latest security threats.”
WafCharm automatically customizes WAF rules based on their applications and system, and continuously adjusts and manages them. Users can now focus on business operations with fewer security worries as WafCharm takes care of: building, testing and tuning rules; researching vulnerabilities, and creating new rules.
“Deploying and operating WAF without a purpose-built tool like WafCharm is a time- and resource-intensive operation. And companies with limited resources are not able to respond immediately when problems happen,” said Yosuke Matsuura, Infrastructure Team Leader of CAST PLATFORM at Hachidori, Inc., developer of chatbot and shift and attendance tools. “With CSC’s WafCharm, we've been able to maximize WAF's security features in a hassle-free way. I highly recommend it to anyone deploying WAF.”
Nuspire | June 15, 2021
A leading managed security services provider (MSSP), Nuspire, has announced its 2021 Q1 Threat Landscape Report release. The report includes techniques and procedures (TTPs) with additional insight from its threat intelligence partner, Recorded Future, and new cybercriminal activity and tactics sourced from 90 billion traffic logs.
Nuspire had a 1,527% increase in Pulse Connect Secure VPN and a 1,916% increase in attacks against Fortinet's SSL-VPN in Q1 2021. Various vulnerabilities happen to allow a threat actor to get access to a network. They exfiltrate information and install ransomware once they are in.
Due to the increase in RDP and VPN vulnerabilities, threat reports of Nuspire find out botnet, malware, and suspicious activities are down compared to Q4. But still, threat actors are on the prowl. Other significant findings included in Nuspire's 2021 Q1 Threat Landscape Report are:
• Emotet botnet activity dropped -99.96% after the announcement of Law Enforcement seizing their infrastructure.
• ZeroAccess Botnet activity rushed during one week by 619,460% before trailing down into the end of the quarter.
• SMB Login Brute Force efforts contained 69.73% of all exploit activity witnessed in Q1.
Nuspire, a security services provider (MSSP), is revolutionizing cybersecurity involvement by taking a hopeful and people-first approach. Nuspire offers complete services that syndicate award-winning threat recognition with more excellent response competencies to deliver end-to-end security across the gateway, network, and endpoint ecosystem. Our customer base spans thousands of enterprises of all sizes across numerous businesses and realizes the extreme risk reduction per cyber-dollar spent. At Nuspire, we are laser-focused on bringing a fantastic cybersecurity experience that surpasses the expectations of the clients.