DATA SECURITY

75% of IT Leaders are Unconvinced About the Security of their Web Applications

Cymatic | April 12, 2021

Today, Cymatic released new research on the state of web application security. While IT leaders tend to be somewhat confident in their existing solutions, relying on various products renders smooth adoption of emerging tools—and therefore overall cyber threat prevention—a major task.

Pulse conducted a study of C-suite and VP-level executives in information technology and cybersecurity and discovered that the most common approaches to web application safety fail to engender the trust necessary for effective cyber attack protection. Among the key findings are:

• While 91% of executives spend up to a third of their web app technology budget on security, privacy, and compliance activities, they continue to rely heavily on strong password standards to protect against cyber threats.

• MFA, WAFs, and CAPTCHAs are the top technologies used to protect web apps, with 75%, 74%, and 63%, respectively.

• Account takeovers are the threat scenarios that most concern 73% of respondents.

“After spending twenty-five years spending time and money cleaning up after breaches and hackers whose creativity was still at least one step ahead of network protections, I was able to see where all the security holes are,” said Cymatic Founder and CEO Jason Hollander. “We created the CymaticONE platform to fill those holes and reduce the complexity of existing web application solutions, making it simpler and easier to defend against modern-day attack vectors.”

The Cymatic platform provides universal in-session visibility and control to minimize risk across web applications, networks, and users, while also reducing network traffic loads and removing user friction. Unlike standard WAFs, which only defend against network-based threats, Cymatic employs advanced artificial intelligence and machine-learning algorithms to detect page mutations and user anomalies. The platform protects against user-generated and device-based risks such as poor credential hygiene, dark web vulnerabilities, and potentially risky devices. It is completely invisible to users, deploys in minutes, and has an absolute time-to-value.

Although many respondents defined obstacles to change their existing web application firewall (WAF) installations, nearly 90% expect to reconsider their investments within the next six to 18 months.

Cymatic provides the first web application firewall to combine client-side WAF protection with a proprietary vulnerability, awareness, detection, and response (VADRTM) AI engine to avoid user- and app-based threats in their tracks, making it simple for any company to bridge gaps in their installations. Unlike other products that make static decisions based on siloed threat signals, Cymatic correlates and evaluates thousands of signals around a dozen threat vectors in real-time to provide a higher level of security accuracy without compromising user experience or application efficiency. Only Cymatic provides full real-time visibility and protection against all code-injection attacks, user risk, and session fraud—all with a single line of javascript.

About Cymatic

Cymatic is the only company that provides a web application firewall (WAF) solution that combines client-side WAF protections with a proprietary vulnerability, awareness, detection, and response (VADRTM) engine to provide immediate and continuous in-session intelligence regarding devices, users, and locations. Cymatic's first-look, the first-strike capability is the first in the kill chain, reducing risk across applications, networks, and users while ensuring organizations comply with today's security-driven regulations. The solution is undetectable to users, deploys in minutes, and operationalizes in seconds. Cymatic is based in Raleigh, North Carolina, and has branches in California and New York.

Spotlight

"Cybersecurity professionals believe that the threat landscape is getting worse as they face an onslaught of
voluminous pedestrian malware and sophisticated cyber-attacks. Many CISOs are responding to new threats by
purchasing and deploying point tools in search of a new “silver bullet” solution, but while some tools provide incremental improvements, this tactical strategy can be counterproductive, burdening the cybersecurity team with event storms and an array of additional tasks that they can’t keep up with. ESG believes that large organizations must take a more strategic approach to threat management by moving to a tightly integrated and centrally managed defense-in-depth architecture. Check Point is one of few vendors that can provide this type of comprehensive solution. "


Other News
ENTERPRISE SECURITY

iTecs Enters Into A Partnership With Check Point

iTecs | December 20, 2021

iTecs, a Dallas based IT MSP, Cybersecurity, and Cloud Hosting Provider (https://itecsonline.com) enters into a partnership with Check Point, a leader in enterprise and SMB cybersecurity products and solutions, to provide iTecs clients with efficacious cybersecurity protection. The collaboration between the two parties enables iTecs to deliver the various services and products to clients as a managed service. "The traditional 'perimeter-based' security model is not aging well in this new landscape, and binary access tools are proving to be cumbersome and unscalable. Fixed perimeters no longer govern working environments. Instead, users work on their own devices and sensitive company data stored in third-party cloud services. As a result, companies can no longer rely on binary security models that focus on letting good guys in and keeping bad guys out. The challenge for modern enterprises is how to give users the required access while reducing set-up and maintenance costs without compromising security. Check Point's Zero Trust Network Access model provides the tools to safeguard companies in today's ever-growing work-from-home demand. Especially with the growing popularity and development of 'METAVERSE' work environments, it's essential to adopt new and intelligent ways of protecting your users," says Brian Desmot, CEO & Founder of iTecs. Currently in partnerships with Sophos, SentinelOne, Cisco, CoSoSys, and now Check Point, iTecs' Managed Security Services (MSS) division provides SMB and Enterprises with an array of sophisticated and synergistic threat-preventing solutions. "Our propensity of testing cybersecurity solutions has led us to the conclusion that Check Point is the right partner to provide our clients with maximum ROI. As a result, we are redesigning our website and will include new pages devoted to the broad menu of services our alliance with Check Point is providing," Brian Desmot iTecs is going through a rebranding campaign with the launch of a new logo and website which will be completed by early 2022. About iTecs IT Outsourcing and Support Brian Desmot founded iTecs in 2002, a white-glove IT support, consulting, managed IT services provider. The firm delivers an umbrella of IT services from break-fix, consulting, cybersecurity, to procurement for businesses of all sizes. If you need a professional, customer-centric offsite IT department, iTecs is the best choice.

Read More

SOFTWARE SECURITY

ColorTokens Launches Xcloud, Autonomous Cloud Security Protection for All Enterprise Environments

ColorTokens | April 06, 2022

ColorTokens Inc., a leading innovator in autonomous Zero Trust cybersecurity solutions, announced the launch of its new product, Xcloud. Xcloud's agentless, automated, and deep scanning technology finds the most elusive threats across cloud and container environments fast and without disruption. Xcloud combines vulnerability management, malware detection, and compliance monitoring all in one platform, saving time, resources, and cost. Customers worldwide can now gain access to Xcloud directly from AWS Marketplace, a digital catalog with thousands of software listings from independent software vendors that make it easy to find, test, buy, and deploy software that runs on Amazon Web Services (AWS). Today's enterprises are leveraging cloud technologies at a hyper-scale. According to the Gartner® Hype Cycle™ for Cloud Security, 2021, "By 2023, 70% of all enterprise workloads will be deployed in cloud infrastructure and platform services, up from 40% in 2020. By 2025, more than 99% of cloud breaches will have a root cause of preventable misconfigurations or mistakes by end-users." To address the unique challenges of cloud security — shortages of skilled staff, tools not designed for the cloud, limited or no visibility, and the inability to control cloud security — enterprises need simple, fast, agentless, and autonomous tools to provide the support they need. "In today's cloud era, it is widely embraced that cloud environments require agentless tools. But current tools for cloud security follow a fragmented approach, and these siloed point security tools cannot deliver end-to-end visibility on the comprehensive security posture of the enterprise business," says Rajesh Khazanchi, chief executive officer of ColorTokens. "ColorTokens now uniquely solves enterprise cloud security challenges, combining Xcloud with our comprehensive platform to bring unparalleled risk visibility, essential insights, and automation into the risks that threaten cloud and container environments." With nothing to install, deploy, or configure, Xcloud keeps you secure automatically. Xcloud uniquely allows security teams to find and fix the deepest risks in their cloud: Uncover more critical risks. Xcloud's ShadowScan™ dives deeper into workloads and containers at the OS level to detect vulnerabilities and risky configuration issues that are often missed. ShadowScan™ creates and scans a complete replica of workloads to eliminate disruptions, downtime, and impact to applications. Prevent supply chain attacks. Xcloud's ChainScan™ uncovers hidden vulnerabilities in critical application libraries and scans container and cloud workloads for all software dependencies. This allows enterprises to identify the risks introduced in third-party packages throughout their entire application software supply chain. Detect the latest threats. Xcloud automatically tracks the latest vulnerabilities and malware from multiple threat intelligence and vulnerability sources. Every security scan of environments uses a real-time database to find the latest threats so businesses can continuously detect and remediate new threats. "When compared to the two other leading solutions in the cloud security market, ColorTokens' Xcloud uniquely delivers brilliant ease of use and unmatched deep visibility into the cloud," says Harish Akali, CTO of ColorTokens. "As a result of Xcloud's automated, agentless, customer-obsessed approach, combined with its availability in AWS Marketplace, Xcloud delivers instantaneous onboarding and results and without any disruption." Ravi Pattabhi, VP of cloud security at ColorTokens To access Xcloud today, visit ColorTokens in AWS Marketplace. ABOUT COLORTOKENS ColorTokens Inc. is a leading innovator in SaaS-based Zero Trust cybersecurity solutions that provides global enterprises with a unique set of products and services for securing applications, data, and users across cloud and hybrid environments. Through its award-winning Xtended ZeroTrust™ Platform and context-aware machine learning-powered technologies, ColorTokens helps businesses accurately assess and improve their security posture dynamically.

Read More

SOFTWARE SECURITY

SecurityScorecard Launches Cyber Risk Quantification Portfolio Providing Customers Various Models to Conduct Security Cost-Benefit Analysis

SecurityScorecard | April 27, 2022

SecurityScorecard, the global leader in cybersecurity ratings, today introduced its Cyber Risk Quantification (CRQ) capabilities that will enable customers to understand cyber risk in financial terms, enabling organizations to bring cyber risk into holistic business risk analysis, and assisting organizations in a cost-benefit analysis of cyber investment options. SecurityScorecard's CRQ capabilities help customers understand the financial impact of a cyber-attack, gain insight into the probability of incidents over time and quantify the reduction in expected losses if issues are resolved. The SecurityScorecard CRQ capabilities will be included in the company's risk intelligence platform, the industry's first holistic offering that proactively protects organizations from every angle. "Executives and boards of directors lack the ability to connect cybersecurity budgets to business outcomes, hindering the CISO's ability to justify their cybersecurity budgets. By grounding risk quantification in SecurityScorecard's expansive data, we are bringing cyber security to the forefront of daily decision making. Our goal is to help our customers make informed decisions on how to raise the bar on their cybersecurity defenses with optimized investments, and we will continue to partner with leading CRQ thought leaders to provide the options they are looking for." Prashant Pai, Senior Vice President and General Manager Strategic Initiatives, SecurityScorecard To deliver the combined insights of SecurityScorecard's cybersecurity ratings data and leading risk models, SecurityScorecard is partnering with a number of leading CRQ thought leaders and developers including ThreatConnect, and RiskLens, which created Factor Analysis of Information Risk (FAIR™). With multiple views of risk available through the lens of different CRQ frameworks, risk managers can determine which framework is the best fit for their business. With cyber risks becoming increasingly prevalent, boards of directors and executives need to evaluate those risks and become more involved with cybersecurity. Effectively reporting to the board is a key component of every security leader's job. According to Gartner® The 2022 Board of Directors Survey, 88% of respondents viewed cybersecurity as a business risk, while 72% stated they are focused on aligning risk, strategy and performance to drive business resilience.1 "The CRQ integration between RiskLens and SecurityScorecard will finally give organizations of all sizes what they need to effectively understand and manage cyber risk: an automated, 'dollars and cents' view of cyber risk," said Nick Sanna, CEO, RiskLens. "Based on the FAIR cyber risk quantification standard, on industry benchmark data and on their SecurityScorecard security rating, organizations can now make risk-informed business decisions." "ThreatConnect is excited to partner with SecurityScorecard as the combination of their external cybersecurity risk posture and the power of ThreatConnect Risk Quantifier (RQ) connects the outside and inside views for an organization, giving them a 360 degree perspective of the risk to their organizations," said Jerry Caponera, Vice President of Cyber Risk Strategy for ThreatConnect. "Applying ThreatConnect's statistical and machine learning algorithms to the SecurityScorecard data enables customers to easily visualize their risk and, more importantly, prioritize which factors should be improved based on financial risk reductions." SecurityScorecard's CRQ portfolio enables executives, CISOs and risk managers to obtain a comprehensive view of their cyber risk that enables them to define cyber risk in a universally understood metric and embed those insights into decisions across the organization. SecurityScorecard's CRQ capabilities also offer: Scalable risk quantification methodology - With continuous monitoring of over 12 million companies, SecurityScorecard grounds its analysis in a consistent cybersecurity data-driven approach to deliver a real-time view of risk. Contextualized view of cyber risk - SecurityScorecard directly ties financial impact to the security issues that drive losses. Multiple risk quantification frameworks– Multiple risk frameworks are integrated into the CRQ capabilities to ease the evaluation and implementation of CRQ. About SecurityScorecard Funded by world-class investors including Evolution Equity Partners, Silver Lake Waterman, Sequoia Capital, GV, Riverwood Capital, and others, SecurityScorecard is the global leader in cybersecurity ratings with more than 12 million companies continuously rated. Founded in 2013 by security and risk experts Dr. Aleksandr Yampolskiy and Sam Kassoumeh, SecurityScorecard's patented rating technology is used by over 30,000 organizations for enterprise risk management, third-party risk management, board reporting, due diligence, cyber insurance underwriting, and regulatory oversight. SecurityScorecard is the first cybersecurity ratings company to offer digital forensics and incident response services, providing a 360-degree approach to security prevention and response for its worldwide customer and partner base.

Read More

INFOSEC PROJECT MANAGEMENT

TestArmy Partners with HUB Security for Advanced Cyber Security Solutions

HUB Security | April 28, 2022

Today, HUB Security , a secure computing solutions provider, announced it has signed a strategic partnership with testing and cyber security leader, TestArmy, to offer HUB Security's Advanced DDoS Simulation Platform - D.Storm. HUB Security will be TestArmy cyber security partner to enhance current offerings and work together to reach ransomware resilience in the polish and central European market. TestArmy Group is one of the fastest growing testing companies in Central Europe. Specializing in cyber security and quality assurance of digital products. "With organizations challenged with increasing and new cyber incidents, we see great value in partnering with TestArmy and developing together future cyber solutions for the European market." Eyal Moshe, CEO and co-founder of HUB Security "With the growing list of customers we help protect and require the most advanced security solutions to maintain their operations," said Wojciech Humiński, CEO at TestArmy. "HUB Security's solutions will allow our customers a higher level of cyber readiness facing current and new cyber threats." About HUB Security HUB Security was established in 2017 by veterans of the 8200 and 81 elite intelligence units of the Israeli Defense Forces. The company specializes in unique Cyber Security solutions protecting sensitive commercial and government information. The company debuted an advanced encrypted computing solution aimed at preventing hostile intrusions at the hardware level while introducing a novel set of data theft prevention solutions. HUB operates in over 30 countries and provides innovative cybersecurity computing appliances as well as a wide range of cybersecurity professional services worldwide. About TestArmy TestArmy Group is one of the fastest growing testing companies in Central Europe according to the Deloitte ranking (2019). Security, UX and Quality Assurance testing company with 80+ professional IT software testers/pentesters who possess ISTQB or other world renowned certificates.

Read More

Spotlight

"Cybersecurity professionals believe that the threat landscape is getting worse as they face an onslaught of
voluminous pedestrian malware and sophisticated cyber-attacks. Many CISOs are responding to new threats by
purchasing and deploying point tools in search of a new “silver bullet” solution, but while some tools provide incremental improvements, this tactical strategy can be counterproductive, burdening the cybersecurity team with event storms and an array of additional tasks that they can’t keep up with. ESG believes that large organizations must take a more strategic approach to threat management by moving to a tightly integrated and centrally managed defense-in-depth architecture. Check Point is one of few vendors that can provide this type of comprehensive solution. "

Resources