SOFTWARE SECURITY

WhiteSource Rebrands as Mend

Mend | May 30, 2022

WhiteSource Rebrands as Mend
WhiteSource, a pioneer in application security, has rebranded to Mend. Within the Mend Application Security Platform, the business is also delivering the industry's first automatic remediation for custom code security concerns, as well as integrating Mend Supply Chain Defender (previously WhiteSource Diffend) in its JFrog Artifactory plugin. Mend protects all parts of your program by automating repair, prevention, and protection from issue to solution, rather than just detection and proposed solutions.

With revenue increasing by 800% in the previous three years and enterprise net retention reaching 127% in 2021, the firm recruited 350 new clients in the last year. Mend has over 1,000 clients, including more than 25% of the Fortune 100, and is committed to spending its most recent investment ($75 million series D announced in April 2021) on general development as it extends outside the Software Composition Analysis (SCA) industry. This includes the purchase of Diffend in April 2021, as well as the acquisitions of SAST companies Xanitizer and DefenseCode in February of this year. The Mend Application Security Platform is the result of strategic acquisitions and the company's unique automated remediation capabilities. The platform is the first to automatically detect and correct application security gaps including both open source and bespoke code, combining automated remediation for static application security testing (SAST) with Mend's current capacity to do so for software composition analysis (SCA).

"Attackers are increasingly targeting applications as the weakest link to go after organizations, and at the same time, pressure to deliver software faster has never been higher. Organizations face undeniable tension to do both, better. Mend breaks the tradeoff between security and development delivery timelines by providing a solution that automates the reduction of the software attack surface while removing most of the burden of application security, allowing development teams to deliver quality, secure code, faster."

Rami Sass, Co-founder and CEO of Mend

Josh Johnson, Manager of Solutions Architecture, Defy Security said that "Whether open-source or proprietary code, the application security industry has mostly focused on vulnerability detection and management. Mend has an interesting approach of automating the remediation of code vulnerabilities. While the company is announcing this new name, as a partner of Mend, we are excited for it to further its commitment to solving code-based security challenges with automated-remediation. Defy Security looks forward to seeing Mend extend automation for closing security gaps."

Spotlight

"Cryptocurrency removes the long-time players from the equation: central banks, mints, financial institutions, regulators, established transaction networks such as SWIFT, NACHA, and existing card platforms. Criminals, however, have quickly adapted attacks to include these platforms.

Financial institutions need to remain vigilant to stay ahead of nefarious actors and ensure they stay relevant in an increasingly virtual, mobile and hyper-connected world."

Spotlight

"Cryptocurrency removes the long-time players from the equation: central banks, mints, financial institutions, regulators, established transaction networks such as SWIFT, NACHA, and existing card platforms. Criminals, however, have quickly adapted attacks to include these platforms.

Financial institutions need to remain vigilant to stay ahead of nefarious actors and ensure they stay relevant in an increasingly virtual, mobile and hyper-connected world."

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DATA SECURITY,PLATFORM SECURITY,SOFTWARE SECURITY

JupiterOne Recognized as a Sample Vendor for Cyber Asset Attack Surface Management (CAASM) in Gartner® Hype Cycle™ for Cyber Risk Management, 2022

JupiterOne | August 19, 2022

JupiterOne, the industry's leading provider of cyber asset attack surface management (CAASM) technology, today announced that it was named as a Sample Vendor for CAASM in the latest release of the Gartner Hype Cycle for Cyber Risk Management, 2022. According to Gartner, "In 2022, the global risk landscape continues to be impacted by the ongoing COVID-19 pandemic conditions, the Russian invasion of Ukraine, labor shortage, worsening climate change, and inflation. In particular, the increased inflation rate and labor market tightness mean that organizations must do more with fewer resources." The Gartner report notes that security and risk management (SRM) leaders continue to struggle to: "Position risk management as a decision-making practice. Either because of their rigid focus on framework-based controls or inability to scale their security and risk controls for individual projects Inform cyber and technology decisions in an ever-expanding operating ecosystem Gain sufficient transparency in evaluating environmental, social and governance risks and incidents, local and worldwide. Mitigate global supply chain risks as these risks continue to form a web of complexity and volatility. Look for ways to automate and inform risk assessment with data-driven insights." One solution category that addresses these challenges is the cyber asset attack surface management (CAASM) space, where solutions aggregate and track assets such as endpoints, servers, devices, and applications. By consolidating internal and external cyber assets, users can use queries to find gaps in coverage for security tools such as vulnerability assessment and endpoint detection and response (EDR) tools. JupiterOne pioneered a graph-based approach to CAASM that allows customers to track and monitor IP addresses and analyze and map all intra-asset relationships. As the Gartner analysts explained, "CAASM enables security teams to improve basic security hygiene by ensuring security controls, security posture, and asset exposure are understood and remediated. Organizations that deploy CAASM reduce dependencies on homegrown systems and manual collection processes, and remediate gaps either manually or via automated workflows. Organizations can visualize security tool coverage, support attack surface management (ASM) processes, and correct systems of record that may have stale or missing data." The drivers of CAASM adoption, according to Gartner, include: "Full visibility into all information technology (IT), Internet of Things (IoT) and operational technology (OT) assets under an organization's control, which improves understanding of the attack surface area and existing security control gaps or serves as part of a wider ASM process. Quicker audit compliance reporting through more accurate, current and comprehensive asset and security control reports. Consolidation of existing products that collect asset and exposure information into a single normalized view, which reduces the need for manual processes or dependencies on homegrown applications. Access to consolidated asset views for multiple individuals and teams across an organization, such as enterprise architects, security operations teams and IT administrators, who can benefit from viewing and querying consolidated asset inventories with a view to achieving business objectives." The recent Gartner report on Top Trends in Cybersecurity 2022 cited "Attack Surface Expansion" as one of the year's top security trends resulting from the expanding digital footprint of modern organizations. According to the report, "A dramatic increase in attack surface is emerging from changes in the use of digital systems, such as new hybrid work, accelerated use of public cloud, more tightly interconnected supply chains, expansion of public-facing digital assets and increased use of operational technology." In our opinion, security leaders who reinvent the cybersecurity function and technology architecture can better position their organizations to maintain and grow value in an increasingly agile, distributed, and decentralized environment. JupiterOne was named a Sample Vendor for CAASM in the latest release of the Gartner Hype Cycle for Security Operations, 2022. The report is available for complimentary download from JupiterOne. Additionally, Gartner recognized JupiterOne as a Representative Provider for CAASM in the Innovation Insights for Attack Surface Management and as a Sample Vendor in the Gartner Hype Cycle for Workload and Network Security, 2022 research reports. "JupiterOne is honored to receive yet another recognition from Gartner. Right now, the world is full of uncertainty, making it challenging to conduct business. More than ever, businesses must prioritize effective security measures. Security leaders can get invaluable insights by tracking their assets and making efficient use of their resources. Overall, organizations can make better data-driven business decisions while keeping security risks in mind." Erkang Zheng, Founder and CEO at JupiterOne About JupiterOne JupiterOne is a cyber asset attack surface management (CAASM) platform company providing visibility and security into your entire cyber asset universe. Using graphs and relationships, JupiterOne provides a contextual knowledge base for an organization's cyber asset operations. With JupiterOne, teams can discover, monitor, understand, and act on changes in their digital environments. Cloud resources, ephemeral devices, identities, access rights, code, pull requests, and much more are collected, graphed, and monitored automatically by JupiterOne.

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SOFTWARE SECURITY

iboss Achieves FedRAMP Authorization for its Zero Trust Edge Cloud Security Solution

iboss, Inc. | July 29, 2022

iboss, the leading Zero Trust Edge cloud security provider, announces that it has obtained Federal Risk and Authorization Management Program (FedRAMP) Authorization. The achievement is reflective of the company’s commitment to work alongside federal agencies to protect government entities and civilians from growing and increasingly sophisticated cyberthreats. Earlier this year, the United States Office of Management and Budget unveiled a strategy designed to prevent damaging hacks and breaches by moving federal agencies toward a zero trust cybersecurity approach. The announcement followed a 2021 Biden Administration executive order aimed at protecting federal networks by modernizing government cybersecurity, including through the implementation of zero trust security architecture as defined in the National Institute of Standards and Technology (NIST). The iboss platform is a purpose-built, patented, cloud delivered security solution that has been trusted by organizations worldwide to implement Zero Trust architecture as laid out specifically in the NIST 800-207 Special Publication. The company’s containerized cloud architecture makes it the only platform that can control what NIST refers to as the “Implicit Trust Zone” to ensure that all data and resources are completely private. The FedRAMP authorization now extends iboss’s leading platform to all U.S. government customers. “Our Zero Trust Edge platform prevents breaches by making applications and data inaccessible to attackers while allowing trusted users to securely and directly connect to resources from anywhere. “In today’s work-from-anywhere world, protecting sensitive information, regardless of who is accessing it or where, is critical. We look forward to continuing to extend our platform and expertise to U.S. government agencies.” iboss CEO Paul Martini A Zero Trust Architecture built on iboss consolidates network security technologies (SWG, CASB, DLP, IPS, malware defense, browser isolation, firewall) into a single unified cloud platform and eliminates the need for a VPN while securing any device, regardless of location. By making all applications private, iboss eliminates the top three initial ransomware infection vectors as identified by the Cybersecurity and Infrastructure Security Agency (CISA). With applications, data and services made accessible only through the iboss Zero Trust Edge, cyber risk is greatly reduced, breaches and data loss are prevented, and visibility and security are delivered consistently throughout an organization. FedRAMP is a US government-wide program that provides a standardized approach to security assessment, authorization, and continuous monitoring for cloud products and services. About iboss, Inc. iboss is a cloud security company that enables organizations to reduce cyber risk by delivering a Zero Trust service designed to protect resources and users in the modern distributed world. Applications, data and services have moved to the cloud and are located everywhere while users needing access to those resources are working from anywhere. Built on a containerized cloud architecture, iboss delivers security capabilities such as SWG, malware defense, browser isolation, CASB and data loss prevention to protect all resources, via the cloud, instantaneously and at scale. This shifts the focus from protecting buildings to protecting people and resources wherever they are located. Leveraging a purpose-built cloud architecture backed by 230+ issued and pending patents and more than 100 points of presence globally, iboss processes over 150 billion transactions daily, blocking 4 billion threats per day. More than 4,000 global enterprises trust the iboss Cloud Platform to support their modern workforces, including a large number of Fortune 50 companies. iboss was named one of the Top 25 Cybersecurity Companies by The Software Report, one of the 25 highest-rated Private Cloud Computing Companies to work for by Battery Ventures, and CRN’s Top 20 Coolest Cloud Security Companies of 2022.

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DATA SECURITY

Veza, the Data Security Platform Built on the Power of Authorization, Announces Partnership with Google Cloud

Veza | July 20, 2022

Veza, the data security platform built on the power of authorization, announces today that the company has entered a partnership with Google Cloud, including product integration that enables Google Cloud customers to harness the capabilities of Veza’s data security platform across their multi-cloud ecosystem. Veza, which recently launched in April 2022 after two years of building in stealth, makes it easy to understand, manage, and control who can and should take what action on what data. With this new integration, Google Cloud customers can now directly access the capabilities of Veza’s authorization-based data security platform integrated with Google Cloud Policy Analyzer to identify, manage, and control external identities and service accounts to Google Cloud services (Looker, BigQuery, and more). This partnership furthers the relationship between Google and Veza, which began in 2021 when GV led the Series B investment in Veza and GV Partner Karim Faris joined Veza Board of Directors. “The cloud is quickly becoming the primary footprint for organizations. By prioritizing and investing in security, Google Cloud has earned a differentiated position in the market,” said Tarun Thakur, Co-founder and CEO, Veza. “The initial product integration between Veza and Google Cloud, publicly demonstrated at the Google Cloud Security Summit in May this year, is a powerful example of how intelligence from Veza’s Authorization Graph can bolster the data security of Google Cloud customers. It shows how identity-to-data relationship insights from the Veza platform can be pulled directly into the Google Cloud Policy Analyzer, allowing customers to secure both Google Cloud data (Looker, BigQuery, Google Storage Buckets, etc.) to which multi-cloud identities (AD, Azure AD, Okta, etc.) have permissions and multi-cloud data (AWS, Snowflake, etc.) that is being accessed by Google Cloud identities.” “Securing cloud environments and data from cybercrime and threats is a key priority of organizations across the globe. “With Veza’s platform now available alongside Google Cloud’s secure and global infrastructure, customers will be able to quickly deploy the solutions they need to better understand, control, and securely take action on their data across their multi-cloud environments.” Sunil Potti, General Manager and Vice President, Cloud Security, Google Cloud Veza’s data security platform aggregates identity information from humans, service accounts, and cloud IAM entities, and authorization data from apps and data systems, giving organizations a centralized, SaaS-based control plane to visualize, manage, and control data access controls through Veza’s Authorization Graph. Veza integrates with cloud identity providers, SaaS and custom apps, and data systems, and translates system-specific entitlements and permissions into a common, human-understandable business language, visualized in the platform as effective permissions. The platform brings a novel approach to data security by enabling organizations to address key data security use cases across access reviews and certifications for SaaS apps and data systems, privileged access management to data and apps, data lake security and governance, management of cloud entitlements, and much more. It delivers prioritized insights, provides access workflows, and actionable recommendations for remediation of over-privileged accounts, enabling security and IT teams to correct anomalies and right-size their organization’s permissions to protect against ransomware and other data breaches. As organizations continue to adapt to the evolving demands of hybrid remote and in-office work, multi-cloud and hybrid-cloud environments — those with multiple providers of disparate data, app, compute, and infrastructure systems — are becoming the norm. According to the Flexera 2022 State of the Cloud Report, 89% of companies surveyed are multi-cloud, with only 2% operating in single private clouds and 9% in single public clouds. This trend is leading to a distributed web of data, relationships, and access points that are changing and difficult to track and secure. Veza and Google Cloud already have a number of joint customers deployed across the industries of SaaS software, marketing technology, and media, including Vox Media. “To support Vox Media’s growth and increasing M&A activity without compromising security, we need to ensure that across all of our brands, the right users have access only to the data they need access to, and that we have full visibility over what they can do with that data,” says Ateeb Ahmad, Senior Director, IT Infrastructure, Vox Media. With Veza and Google Cloud working together, we’ve been able to seamlessly manage access controls over our data for our largest merger to date, and tightly scope identity-to-data permissions even as our footprint with Google Cloud and other technologies grows.” “The greatest gifts of the multi-cloud and the generational architectural shift of the modern data systems are also its greatest risks: securing data, scalability, flexibility, and seamless collaboration,” says Thakur. “When organizations enable workers to reach from one cloud to another to leverage data across their entire multi-cloud ecosystem, they foster growth, enable more intelligence, and promote agility. However, such apps and data systems are also more porous and are at increased risk of cybercrime and ransomware. We purpose-built Veza’s Core Authorization Platform for the multi-cloud so that organizations can implement strong access governance policies - Veza continuously evaluates these policies and enables both automated workflows for access reviews, automated access removal for toxic and stale combinations, and facilitates access grant and request for any app, data, and service.” About Veza Veza is the data security platform built on the power of authorization. Our platform is purpose-built for hybrid multi-cloud environments to help you use and share your data safely. Veza makes it easy to understand, manage, and control who can and should take what action on what data. We organize authorization metadata across identity providers, data systems, cloud service providers, and SaaS applications — all to address the toughest data security challenges of the modern era. Founded in 2020, the company is funded by top-tier investors including Accel, Bain Capital, Ballistic Ventures, Blackstone, GV, Norwest Venture Partners, and True Ventures

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