DATA SECURITY

With $15 Million Series A Funding, Symmetry Systems to Ramp Up Hybrid-Cloud Data Security

Symmetry Systems | June 24, 2021

A well-known provider of cutting-edge Data Store and Object Security (DSOS), Symmetry Systems, has announced a $15 million Series A funding round. ForgePoint Capital and Prefix Capital lead it. They are two premier venture funds, who are investing in transformative and foundational technologies. The investment will back the rapid growth of the company in customers, revenue, and employees.

This newest funding round also highlighted participation from Symmetry Systems and Accenture Ventures is now part of their Project Spotlight, its engagement, and investment program that attaches developing technology software startups with the Global 2000 to fill planned modernization gaps. Moreover, this round comprises leading practitioners, such as Omkhar Arasarathnam, Engineering Director at Google Cloud; Sameer Sait, Chief Information Security Officer at Amazon-Whole Foods; David Tsao, VP of Security Engineering at Marqeta; Tom Gonser, Founder of DocuSign; and Bob Gleichauf, EVP at InQTel and ex-CTO at Cisco.

Today, data spans across object stores, databases, and data lakes in today's hybrid cloud environment. As a result, developers, users, contractors, and supply-chain vendors all get information via a web of applications and roles. Flagship solution, DataGuard,  of Symmetry Systems provides combined discernibility into data objects across all data stores,

About Symmetry Systems

Symmetry Systems delivers purpose-built Object Security (DSOS) and Data Store to provide complete visibility and combined access control. Born from the award-winning Spark Lab at UT Austin, Symmetry Systems DataGuard upholds power over data when all else fails, be it exploited insider identifications, malicious applications, or false positives in safety operations tools. Backed by foremost security investors Prefix Capital, DataGuard,  and ForgePoint Capital was built with and for the most challenging security teams in healthcare, finance, and the US government.

Spotlight

ABSTRACT Cyber war is a subject that is highly contested among strategists and experts. This brief assesses the impact of cyber operations against strategic targets and demonstrates that while cyber war is a real phenomenon, it is far from producing decisive outcomes. The cyberspace is a medium to conduct military operations and several countries have made investments in capabilities to both attack and defend against cyber-attacks.

Spotlight

ABSTRACT Cyber war is a subject that is highly contested among strategists and experts. This brief assesses the impact of cyber operations against strategic targets and demonstrates that while cyber war is a real phenomenon, it is far from producing decisive outcomes. The cyberspace is a medium to conduct military operations and several countries have made investments in capabilities to both attack and defend against cyber-attacks.

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PLATFORM SECURITY,SOFTWARE SECURITY,END POINT PROTECTION

Wallarm Announces the Early Release of Its Enhanced API Security Technology

Wallarm | January 23, 2023

Wallarm, a leading end-to-end API security provider, has recently announced the early release of the Wallarm API leak management solution, an improved API security technology designed to assist organizations in identifying and remediating attacks exploiting leaked API keys and secrets while also providing ongoing protection against hacks in the event of a leak. Given the recent increase in hacks involving leaked API keys and other API secrets, Wallarm developed the API leak management solution in order to give a comprehensive solution for this issue by automatically detecting leaked API keys and secrets, implementing controls to prevent their use, and protecting against any follow-on attacks. As a result, it prohibits unwanted access to sensitive data within enterprises while also protecting their internal operations and customers from unauthorized use of that data. With the average cost of an API leak incident being $1.2 million per year, protecting API keys is a security and financial need. However, as locating and revoking API keys is both time-consuming and resource-intensive, Wallarm's proactive API leak management solution focuses on automated detection, remediation, and control using a three-pronged approach: Detect - Wallarm automatically searches public sources for leaked API secrets, which hackers can discover and exploit in under a minute. Remediate - Regardless of protocol, Wallarm immediately blocks requests that use compromised API secrets across the entire API portfolio. Control - Wallarm also continuously monitors and prevents the use of leaked API secrets. The Wallarm API leak management solution is the first of its kind in the API security space and is coupled with other Wallarm capabilities such as API threat prevention, API discovery and cloud-native WAAP. Wallarm’s API security platform provides customers with full-spectrum visibility, detection, and security for their entire web application and API portfolio, regardless of protocol or environment. This minimizes tool sprawl and costs while also increasing risk management and fostering innovation. About Wallarm Wallarm, founded in 2016, provides End-to-End API Security solutions to safeguard web applications, APIs, microservices, and serverless workloads in cloud-native environments. With its commitment to developing the cybersecurity industry, it has designed a new security platform to defend tech firms and Global 2000 enterprises throughout their journey from their legacy apps to APIs in cloud-native infrastructures. Hundreds of Security and DevOps teams use Wallarm to discover all of their web apps and API endpoints, traffic flows, and sensitive data consumption for total visibility, secure their whole API portfolio against emerging risks, and respond to incidents automatically for better risk management.

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DATA SECURITY,ENTERPRISE IDENTITY,PLATFORM SECURITY

Wipro Launches Cybersecurity Consulting Offering in Europe

Wipro | November 28, 2022

Wipro Limited, a leading technology services and consulting company, today announced that it is launching a strategic cybersecurity consulting offering in Europe. The announcement comes on the heels of a series of acquisitions in the consulting space—Edgile, Capco, and Ampion—and is part of the firm’s vision to build a global cybersecurity consulting offering to help clients stay ahead of a dynamic threat and regulatory environment. “Escalation of cyber threats, compounded by the rapidly changing regulatory environment, is creating brand new challenges for businesses across Europe. "Our extensive experience in cybersecurity, global network of cybersecurists, combined with our expanded consulting capabilities, will help clients stay ahead of emerging threats and adapt to a changing regulatory environment with speed and agility. We are thrilled to be bringing this offering to clients in this market at this critical juncture.” Tony Buffomante, Senior Vice President & Global Head of Cybersecurity and Risk Services (CRS) at Wipro Limited The new consulting capability, offered through Wipro CRS Europe, will expand on Wipro’s existing cybersecurity services and enable clients to tap into Wipro’s full set of capabilities—from strategy and implementation to managed services. Under this new offering, Wipro consultants located in Europe will work with clients to build tailored strategies and solutions that address the unique challenges in this market. Leveraging Wipro’s extensive global network of more than 9000 cybersecurists, Wipro CRS Europe will help clients realize enhanced scale and speed in implementations. “Our recent acquisitions in the cybersecurity space, as well as our recent strategic hires in Europe, have created an opportunity for us to rethink how we serve our clients in this market,” said John Hermans, Head of Wipro CRS Europe. “This launch will bring together our entire set of cyber capabilities under a single umbrella, allowing us to deliver clients a truly end-to-end offering that leads with strategy but delivers on every single aspect of their cybersecurity needs.” The new offering will bring all Wipro’s cyber consulting capabilities under one umbrella, CyberTransformSM, and deliver them to clients alongside the company’s managed services capabilities, CyberShieldSM. CyberTransform is Wipro’s business-aligned strategy-first approach to cybersecurity transformation. It enables business growth through a business-led approach to solve security, risk, cloud, identity, and compliance challenges on a global scale. CyberTransform brings together Wipro’s suite of cybersecurity consulting capabilities and delivers clients a truly holistic, 360 approach designed to help them manage cyber threats and build resilient, future-proof businesses. CyberShield is Wipro CRS’ industry-leading suite of managed services, which defends business operations through On-Demand cyber resilience management. About Wipro Limited Wipro Limited is a leading technology services and consulting company focused on building innovative solutions that address clients’ most complex digital transformation needs. Leveraging our holistic portfolio of capabilities in consulting, design, engineering, and operations, we help clients realize their boldest ambitions and build future-ready, sustainable businesses. With over 250,000 employees and business partners across 66 countries, we deliver on the promise of helping our customers, colleagues, and communities thrive in an ever-changing world.

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ENTERPRISE SECURITY,PLATFORM SECURITY,SOFTWARE SECURITY

Searchlight Security Launches New Ransomware Group Module With Threat Intelligence from the Dark Web

Searchlight Security | December 16, 2022

Searchlight Security, the dark web intelligence company, has today launched Ransomware Search and Insights, a new strategic enhancement to its Cerberus platform. Ransomware Search and Insights automatically collates data from active ransomware groups to help organizations and law enforcement agencies to investigate, track, and gather intelligence on live ransomware activity. This curated view of ransomware groups means that patterns in tactics, incidents, and victimology can be observed in real-time, helping analysts to bolster their threat intelligence, and gain the upper hand on ransomware groups. "Although ransomware has been one of the most pressing threats for several years, it still remains persistent because security teams and law enforcement agencies have been on the back foot, playing catch-up with the ever changing tactics and profiles of ransomware groups. “With visibility into the dark web presence of active ransomware threat actors, analysts can better understand how they are currently operating, therefore gaining a critical advantage over groups.” Dr. Gareth Owenson, Co-Founder and CTO of Searchlight Security Enabling Enterprises to Pre-empt Attacks Ransomware Search and Insights allows organizations to observe the victims of threat actors, posts on leak sites, and track known group members, all in one place - significantly reducing time and resources spent individually researching each threat group. With previously unseen insight into ransomware activity as it is happening, they can also identify which ransomware groups are targeting organizations that match their profile (e.g. industry, geography, business size) and tailor their defenses with a better understanding of which group is most likely to attack them. Empowering Law Enforcement Cerberus’ Ransomware Search and Insights provides investigators with the most up-to-date intelligence for their fight back against cybercrime. Ransomware groups pose a significant risk to national security through the persistent threat to critical infrastructure. As ransomware groups use the dark web to conduct their campaigns with impunity, tracking the activity of prolific threat actors on marketplaces and forums can help law enforcement agencies’ efforts to disrupt and take down these groups. “The Ransomware Search and Insights module was born from our work with national law enforcement agencies who require real-time insights to investigate and take down ransomware groups. We have listened to and collaborated with them to address these needs and bring the next evolution of threat hunting to life,” explained Dr. Gareth Owenson, Co-Founder and CTO of Searchlight Security. “Investigators can now work smarter, not harder, with live intelligence on ransomware operators collated and delivered to them.” Ransomware Intelligence for MSSPs Dark web monitoring is emerging as one of the fastest growing offerings amongst Managed Security Service Providers (MSSPs), driven in no small part by increased customer demand to stay one step ahead of attackers and prevent disruptive ransomware incidents. Ransomware Search and Insights provides MSSPs with a valuable tool that integrates into their existing offering, with the ability to deliver easy-to-digest overviews of ransomware activity to customers, or action intelligence internally to protect their client base from emerging threats. Ransomware Search and Insights is now available on Cerberus. For more information on the threat intelligence that can be gathered from Ransomware Search and Insights, download our free report: Dark Web Profiles: The Most Prolific Ransomware Groups of 2022. About Searchlight Security Searchlight Security provides organizations with relevant and actionable dark web threat intelligence, to help them identify and prevent criminal activity. Founded in 2017 with a mission to stop criminals acting with impunity on the dark web, we have been involved in some of the world’s largest dark web investigations and have the most comprehensive dataset based on proprietary techniques and ground-breaking academic research. Today we help government and law enforcement, enterprises, and managed security services providers around the world to illuminate deep and dark web threats and prevent attacks.

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