DATA SECURITY,PLATFORM SECURITY,SOFTWARE SECURITY
Mimecast | November 09, 2022
Mimecast Limited, an advanced email and collaboration security company, today announced a new strategic integration with Okta, Inc., one of the leading independent identity providers, designed for enterprise customers to proactively mitigate the increasing risk and complexity of insider threat attacks. Building on Mimecast’s extensive library of API integrations, the integration partnership will further enable organizations to Work Protected™ amidst the proliferation of social engineering attacks targeting their hybrid workforce, customers, and supply chain. The integration of these solutions can empower strained IT teams with an expanded arsenal of AI-enabled tools and technologies that strengthen protection at the intersection of business communications, people, and data.
The increased prevalence and damaging ramifications of insider threat attacks are well-documented. IBM’s 2022 Cost of a Data Breach Report found that stolen or compromised credentials were the most common cause of data breaches over the previous year, serving as the primary attack vector in nearly 20% of breaches. They also had the longest lifecycle of all breaches, taking approximately 243 days to identify and another 84 days to contain, and resulted in an average of $4.50 million in losses. However, according to the same study, organizations with fully deployed security AI and automation experienced breach lifecycles that were 74 days shorter, on average, and cost a median of $3.05 million less.
By integrating Mimecast’s purpose-built, cloud-native email and collaboration security with Okta’s world-renowned identity access management offerings, organizations can deploy AI-enabled automation to help mitigate the impact of compromised account activity – streamlining human workflows through real-time threat intelligence sharing and automated response actions across two best-of-breed solution architectures. Optimized for rapid deployment flexibility and simplicity of use, the integration is engineered to allow administrators to seamlessly assume granular control within minutes regardless of their level of IT expertise.
“Our integration partnership with Okta comes at a pivotal time as insider threats have emerged as a critical vulnerability for the modern hybrid enterprise. “This integration is a microcosm of the Mimecast mission to extend our services beyond email and collaboration security alone. Joining forces with a fellow industry pioneer like Okta enables us to execute a vital ‘team sport’ approach to cybersecurity, building on the existing security investments, capabilities, and tools of our customers to ensure their organizations remain safe.”
Jules Martin, Mimecast vice president of ecosystems & alliance
“With the ever-evolving nature of the cyber threat landscape, it’s imperative that we amplify our identity access management services to address new and emerging attack vectors,” said John Grundy, Okta senior strategic alliance manager. “This integration partnership with Mimecast enables us to do exactly that, creating a holistic automation framework that empowers enterprises to enhance the efficiency of their insider threat detection and response posture.”
Mimecast, a Gold Sponsor of Oktane22, will be presenting a live demo of the integration at the annual conference on November 8-10, 2022.
Mimecast: Work Protected™
Since 2003, Mimecast has stopped bad things from happening to good organizations by enabling them to Work Protected. We empower more than 40,000 customers to help mitigate risk and manage complexities across a threat landscape driven by malicious cyberattacks, human error, and technology fallibility. Our advanced solutions provide the proactive threat detection, brand protection, awareness training, and data retention capabilities that evolving workplaces need today. Mimecast solutions are designed to transform email and collaboration security into the eyes and ears of organizations worldwide.
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DATA SECURITY,PLATFORM SECURITY,SOFTWARE SECURITY
Neosec | November 16, 2022
Neosec, the pioneer in discovering and identifying API threats using behavioral analytics, today announced that it now tokenizes API activity data to enable organizations to fully see and store API data, removing the possibility of keeping sensitive data at-rest.
Today, many organizations are blind to the threats lurking within their API traffic. Even worse, organizations are forced to implement basic logging of its API traffic that doesn't contain the meaningful information about who accessed, what records were accessed or manipulated and how. There exists a justified fear of logging sensitive data or being out of compliance, and with the lack of technology that can perform it at scale, they prefer to log with low fidelity. Those logs tell you that "somebody modified or accessed a record" but typically don't disclose who accessed it, which record, or what action was performed.
This decision also results in a downstream issue of "insufficient logging", which is noted by the Open Web Application Security Project as one of the top security problems in its 2021 OWASP API Top 10. "Insufficient logging" is poor for incident forensics and, in practice, means that you can't detect abuse or investigate a case, even if you know it happened.
Tokenization is the process of substituting a sensitive data element, like a credit card number, for a non-sensitive equivalent that has no intrinsic or exploitable value or meaning. Neosec's automated tokenization is part of its 'privacy by design' philosophy and is already deployed successfully at customers around the world in financial services, insurance and hospitality companies among others.
The process allows retaining tokenized API activity data for the purposes of performing true behavioral analytics over time, ensures that sensitive data is never stored at rest, and enables only the customer to de-tokenize, based on the strictest data privacy practices.
"Solving API security starts with basic visibility and the ability to see how the APIs are used. The problem is that virtually every company logs API activity with low fidelity that doesn't enable this basic visibility. "In order to perform true behavioral analytics and investigate cases you must store and examine historical data. But if this analysis is performed on un-tokenized data you risk storing PII and creating compliance issues. Neosec successfully retains all API activity data, in the highest fidelity, and ensures it meets data privacy standards."
Giora Engel, co-founder and chief executive officer, Neosec
This focus on data and the visibility it brings is what previously defined the creation of the EDR (Endpoint Detection & Response) security space. "Trying to implement API security without enabling basic visibility of activity is like going back to the antivirus age before the advent of EDR. Visibility into API activity allows you to detect threats, understand behavior, investigate and remediate" said Engel.
The Neosec API security solution discovers and maintains an up-to-date inventory of all APIs in use by an organization and then uses machine learning and behavioral analytics on tokenized data to find fraud and abuse by third parties and attackers. Neosec also enables proactive API threat hunting and investigations without storing any sensitive data.
The automated API data tokenization is now a capability of the Neosec platform and is fully available. There is no extra cost for use of this unique capability.
About Neosec
Neosec is re-inventing application security with a powerful platform that unifies security and development teams to protect modern applications from threats. The foundation of the SaaS platform is built on data and analytics to manage security at scale. Neosec prevents threats from abusing the complex network of APIs that connect today's businesses. The platform helps organizations discover every API and audit risk. Neosec has pioneered the use of behavioral analytics to understand normal versus abnormal API usage and delivers powerful threat hunting capabilities together with a team of expert threat hunters. Neosec prevents threats and stops abuse hiding within APIs and brings new intelligence to application security. Neosec is based in Palo Alto, California with R&D in Tel Aviv, Israel.
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DATA SECURITY,PLATFORM SECURITY,SOFTWARE SECURITY
Bitdefender | November 03, 2022
Bitdefender, a global cybersecurity leader, today unveiled the first real-time chat protection capabilities for mobile-based instant messaging applications. Bitdefender Chat Protection immediately alerts users if malicious links are received or sent during live sessions over the world’s most popular chat applications including WhatsApp, Facebook Messenger, Telegram and Discord. A true industry innovation, the new capabilities help protect users from increased cybercriminal activities targeting mobile devices.
Chat Protection is incorporated into Bitdefender Mobile Security for Android through Bitdefender Scam Alert technology, used by consumers worldwide for monitoring, detecting and stopping link-based attacks delivered via messaging applications, notifications, and SMS text messages. Chat Protection continuously monitors chat sessions alerting users of suspicious links that might attempt to steal financial data, credentials and other sensitive information.
When malicious links are detected during chat sessions, the user receives a warning along with information about associated risks and a suggested course of action. If warnings are ignored, built-in web protection technologies prevents the user from navigating to the malicious webpage.
More than two billion people use WhatsApp and more than one billion use Facebook Messenger globally. At the same time, malware and scams sent via instant messaging apps and SMS text message remain one of the top threats to mobile users in 2022. According to the 2021 Bitdefender Consumer Threat Landscape Report, spam and untrusted domains account for a combined 85% of detected malicious URLs.
“Mobile threats continue to increase, and cybercriminals have evolved beyond email-based phishing attacks to include SMS text messages (smishing) and popular instant messaging applications. “With the new capabilities in Bitdefender Mobile Security for Android, users can rest easy and chat safely knowing they have strong, real-time protection against malware, malicious links and scams across their Android devices.”
Ciprian Istrate, senior vice president of operations, Consumer Solutions Group at Bitdefender
Key Features and Benefits
Bitdefender Mobile Security for Android with Chat Protection customers benefit from:
Preemptive alerting for financial and data loss risks -- When users receive a suspicious link in messaging applications, notifications or text messages they are notified to prevent accessing or sharing the link.
Enhanced protection for friends and family -- If a potentially dangerous link is inadvertently shared, users have the options to recall or delete the message.
Detection of sophisticated social engineering -- Phishing attempts that rely on human curiosity, urgency, and impersonation are recognized and flagged by Bitdefender offering users an additional layer of protection.
About Bitdefender
Bitdefender provides cybersecurity solutions with leading security efficacy, performance, and ease of use to enterprise organizations and consumers. Guided by a vision to be the world’s most trusted cybersecurity solutions provider, Bitdefender is committed to defending organizations and individuals around the globe against cyberattacks to transform and improve their digital experience.
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