DATA SECURITY, PLATFORM SECURITY, SOFTWARE SECURITY
Noname Security | November 02, 2022
Noname Security, the leading API security company, today shared its EMEA channel strategy, which builds on significant momentum achieved in the past six months and is led by Ides Vanneuville, recently appointed EMEA Channels & Alliances Director.
Vanneuville is an experienced leader in the cybersecurity market with a strong track record in cybersecurity and solutions engineering, having held a number of senior positions at organisations such as Palo Alto Networks, Nutanix, and Aviatrix.
Demand for API security solutions is accelerating throughout EMEA as businesses continue to transition to public cloud and are increasingly adopting cloud-native development strategies. High-profile API breaches have underlined the critical nature of API security and the need for advanced solutions such as the Noname API Security Platform that accelerate digital transformation while addressing API security risks and vulnerabilities.
This offers a new and growing market for established cybersecurity resellers and new entrants alike.
"I am excited to join Noname Security at a time when the channel is transforming to meet growing demand for the powerful yet easy-to-use API security that our platform delivers," comments Vanneuville. "We are building productive partnerships with traditional cybersecurity companies seeking to expand their offering into the DevSecOps market, along with the innovative application-centric resellers that are carving out opportunities in this space."
Noname Security operates a 100% indirect sales model, and its channel strategy focuses on building out presence across EMEA by securing key partnerships with a range of cybersecurity resellers, consultancies, systems integrators, and distributors.
Since March 2022, Noname Security has signed new partnerships with Oblivion, part of Xebia (Netherlands, Denmark & Germany), NewGens Pte (Singapore, Malaysia, Indonesia and Thailand), CyberGate Defense (UAE), Evanssion (Middle East & Africa), Aditinet (Italy), iSOC24 (Benelux) and HighPoint (UK & NL) . These partners join a diverse group of existing partners across Europe, the Middle East, and Africa.
These partners will be supported by Noname Security's global partner program, which provides the resources they need to address key customer pain points in their region and build sizable revenue opportunities in the API security market. The program is tailored to reflect the variations in maturity and background of the API security market in each geographic area.
"API security is a rapidly evolving area that wraps around the ways APIs are being used in different territories," adds Vanneuville. "For example, the increase in open banking in emerging regions like Turkey is driving demand for API security in that region, and we have new Noname Security partners in place to meet that need. Similarly, the booming m-commerce market in Africa is a valuable target for our partners to focus on. Our program helps partners target these key vertical markets and build a reputation for excellence."
API Security Workshops Provide Essential Partner and Market Education
Noname Security is running a series of workshops to educate the market and channel partners about the importance of protecting APIs against attacks and how to go about it. These are currently available, both virtually and in-person in a variety of worldwide cities, and will help Noname's channel partners as well as their end-users to understand:
The underlying security risks when deploying APIs
Emerging threats facing applications and APIs
Techniques used to exploit vulnerable APIs
How Noname Security monitors API traffic for anomalies.
"These educational workshops form an important part of Noname's go-to-market strategy," concludes Vanneuville. "An educated market is a receptive market, and with these workshops we aim to ensure that customers and partners fully understand the urgency of securing APIs in order to protect core revenue streams against disruptive attackers. This is a relatively new area, but one that is of critical importance for the success and stability of modern enterprises as the cloud transition continues and born-in-the-cloud businesses ramp up innovation and expansion."
About Noname Security
Noname Security is the only company taking a complete, proactive approach to API security. Noname works with 20% of the Fortune 500 and covers the entire API security scope across three pillars: posture management, runtime security and API security testing. Noname Security is privately held, remote-first with headquarters in Palo Alto, California, and offices in Tel Aviv and Amsterdam.
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DATA SECURITY, SOFTWARE SECURITY
Accenture | September 13, 2022
Accenture has been named a Leader in the latest Forrester Research report on European managed security service (MSS) providers, which notes that Accenture sets itself apart from the rest of the market by the way in which it develops assets that are embedded in its services for the benefit of clients.
The report — "The Forrester Wave™: European Managed Security Service Providers, Q3 2022" — includes a comprehensive 39-criteria assessment of the top 10 cybersecurity consulting providers across three high-level categories: “Current Offering”; “Strategy”; and “Market Presence.” Client references and buyer feedback were also factored into each criterion evaluated in the report.
Accenture received the highest score in the Current Offering category among competitors evaluated, with the highest possible score in twelve criteria, including: data sovereignty and European service delivery; managed application security; business and technical value; product vision; execution roadmap; innovation roadmap; and partner ecosystem.
The report says that:
Accenture stands out for its vision roadmap, with several planned items focusing on emerging CISO [chief information service officer] needs for managed services providers.
Accenture also continues to set the standard for strong partnerships to drive unique technology and services IP.
When noting how Accenture sets itself apart by developing assets that are embedded in services for clients, the report said that one particularly strong example of this was its Intelligent Application Security Platform (IASP), which delivers significant value for developers within its application security services.
Reference customers praise the flexible personnel, highly competent technical staff, and strong partnership approach.
Accenture is a good match for customers who want end-to-end security capabilities that deliver a wide array of managed services.
“We’re on a mission to make cybersecurity a priority for business leaders in Europe, and our managed security services team can help clients navigate the challenges. “It’s an honor to be recognized for our work helping clients build better defenses and strengthen their cybersecurity capabilities. Because cyber risk is a constantly moving target, we help our clients identify not only existing threats but also emerging threats to their enterprises.”
Jacky Fox, who leads Accenture Security in Europe
In addition to being named a Leader among European MSS providers by Forrester, Accenture was recently named the No. 1 cybersecurity service provider by HFS Research and positioned as a Leader in the latest IDC MarketScape analysis of managed security services (MSS) providers in Europe. In 2021, Accenture was positioned as a Leader in two Forrester reports on cybersecurity: The Forrester Wave™: Global Cybersecurity Consulting Providers, Q4 2021 and The Forrester Wave™: European Cybersecurity Consulting Providers, Q3 2021.
More information on Accenture in “The Forrester Wave™: European Managed Security Service Providers, Q3 2022” report can be found here.
About Accenture
Accenture is a global professional services company with leading capabilities in digital, cloud and security. Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Technology and Operations services and Accenture Song — all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 710,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities.
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DATA SECURITY,PLATFORM SECURITY,SOFTWARE SECURITY
Abnormal | November 16, 2022
Abnormal Security, the leading behavioral AI-based security platform, announced today its newest addition to the product portfolio as the company progresses toward delivering the most comprehensive cloud email security in the market. The latest innovation protects customers from emerging email platform attacks that are increasing in volume and severity as attackers find new ways to target organizations.
The open, interconnected nature of cloud email platforms creates new entry points for attackers to exploit and manipulate—increasing the need for security tools that protect organizations from attacks beyond those that are delivered through inbound email. While advanced inbound email attacks like business email compromise and credential phishing remain the primary cloud email attack vector, accounting for $43 billion in exposed losses since 2016, this addition to the Abnormal product portfolio expands the capabilities of cloud email security to protect against side-channel attacks that directly target the entire email platform. In recent headlines, cybercriminals have exploited unguarded entry and exit points to carry out sophisticated platform attacks, including:
Compromising user and administrator accounts by bypassing MFA policies
Exploiting global administrator privileges by setting up tenant-wide email forwarding rules that send company emails to attacker inboxes
Tricking employees into installing malicious OAuth applications through consent phishing email links disguised as file-sharing links
These examples showcase the need for security tools that can detect changes to the cloud email environment and provide full visibility into the current posture. But because security teams often share responsibility for these platforms alongside IT and messaging teams, it is operationally difficult and manual to understand the full scope of potential configurations across thousands of users, third-party applications and email tenants, and manage them accordingly.
“As we’ve spoken to our customers, we’ve heard increasing concerns about this next generation of attacks. Since they have implemented Abnormal to secure the inbound channel against advanced attacks such as BEC, attackers are looking for new ways to access their inboxes and email platforms. “Implementing a solution that can alert security teams to new integrated applications, over-permissioned users, and other potentially risky events will be extremely helpful to security leaders, and Abnormal is excited to evolve our inbound email security platform to provide this capability and better protect our customers from the full spectrum of attacks.”
Mike Britton, chief information security officer at Abnormal Security
The new Security Posture Management product from Abnormal gives security teams immediate visibility to each of the potential entry and exit points to the cloud email platform. Increased visibility begins with three new Knowledge Bases, in addition to the existing VendorBase, which present comprehensive databases of employees, third-party applications, and email tenants. Each of the three new Knowledge Bases provides the foundational visibility security teams need to understand potentially exposed surface areas in Microsoft 365 and conduct security investigations.
AppBase: Provides a running inventory of all of the third-party applications that have access to data within Microsoft 365. It provides a summary of important information about application permissions and data access, as well as an activity timeline of recent events.
PeopleBase: Provides a directory of each active user in the environment. It uses contextual, behavioral data to build a dynamic user genome. PeopleBase also provides an activity timeline of recent events, including sign-on patterns, suspicious email activity, and more.
TenantBase: Provides a catalog of each of the email tenants Abnormal Security protects and relevant permissions governing access to them.
Taking the information derived from these Knowledge Bases, the new Security Posture Management product then monitors each entity for potentially risky configuration changes. Key changes may include the escalation of administrator privileges or the integration of new unverified applications with read-write access to mailboxes. When changes occur, Security Posture Management alerts administrators so they can understand the impact and take appropriate downstream action to protect their cloud email platform from insider threats or attacker infiltration.
While the monitoring and alerting capabilities of Security Posture Management are available as an add-on purchase to Inbound Email Security, Abnormal is providing the foundational visibility of its new Knowledge Bases at no cost to all customers with Microsoft 365.
New Product Continues to Drive Abnormal Growth in the Email Security Market
The posture management offering underscores Abnormal’s commitment to providing its customers with the most effective email security platform on the market. In recent weeks, Abnormal was named to the CNBC Top 25 Startups for the Enterprise list of companies that are best suited to meet the needs of large enterprises, as well as the Madrona Intelligent Applications 40 list for the platform’s superior capabilities in using machine learning to extract useful information from real-time and historical data.
These awards highlight the continued success of the company as Abnormal continues to experience more than 2x growth per year, with notable customers including Xerox, Urban Outfitters, Royal Caribbean International, and Groupon. The company maintains a 4.8-star review on Gartner Peer Insights, with 100% recommendation from participating companies. This continued growth is driven by the recent Series C funding round in which Abnormal raised $210 million with backing from Insight Partners, Greylock Partners, and Menlo Ventures.
Security Posture Management is the second major product launch in the past six months, with Abnormal releasing the Email Productivity module in August 2022. The Email Productivity add-on uses behavioral AI to filter time-wasting promotional emails away from employee and executive inboxes, automatically personalizing protection to each user based on behavior cues like folder moves. By shielding employees and executives from the growing barrage of promotional emails, including vendor cold calls, newsletters, and marketing promotions, Email Productivity saves enterprises multiple hours per employee per month. Both new products are part of the Abnormal Cloud Email Security platform, which stops the full spectrum of email-borne attacks.
About Abnormal
Abnormal Security provides the leading behavioral AI-based security platform that leverages machine learning to stop sophisticated inbound email attacks and dangerous email platform attacks that evade traditional solutions. The anomaly detection engine leverages identity and context to analyze the risk of every cloud email event, preventing inbound email attacks, detecting compromised accounts, and remediating emails in milliseconds—all while providing visibility into configuration drifts across your environment. You can deploy Abnormal in minutes with an API integration for Microsoft 365 or Google Workspace and experience the full value of the platform instantly.
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DATA SECURITY, PLATFORM SECURITY, SOFTWARE SECURITY
Upstream | September 08, 2022
Upstream, the creator of industry-leading cloud-based cybersecurity and data management platform for connected vehicles and smart mobility, is opening its first U.S.-based vehicle security operation center (vSOC) in Ann Arbor, Michigan, to closely surveil and mitigate emerging cyber threats and risks for its U.S.-based automotive clients.
Data and connectivity are the foundation of the automotive industry's transformation, unlocking new revenue streams and business opportunities for automotive stakeholders and users. But, connectivity and mobility applications bring a wide range of cyber risks.
"Upstream enables OEMs to build trust into the connected vehicles ecosystem. "Our platform monitors over 12 million vehicles worldwide. We see new attack surfaces and threats on a regular basis, fueled by a wide variety of vulnerabilities, including EV charging networks, expanded use of smartphone apps that control basic car functions and infotainment systems. This is the right timing to open our U.S.-based vSOC, and Michigan is a natural choice."
Yoav Levy, CEO and co-founder of Upstream
"Companies continue to invest in Michigan because of our world-class talent, quality of life, low cost of doing business and culture of innovation," said Trevor Pawl, Michigan's Chief Mobility Officer. "Michigan remains committed to being the global epicenter of the next revolution of the automotive industry and we applaud Upstream's continued success and investment in Michigan's autonomous and electrified future."
"Vehicles are benefiting from a wave of technology innovation, producing transportation that is safer and smarter thanks to connectivity," said Faye Francy, executive director of Auto-ISAC, a global information sharing community established by automakers to address cybersecurity risks. "The very technology that provides us with these new efficiencies also introduces potential cyber risk to the vehicle, and vSOC operations is an application for the automotive industry to proactively address the risk."
In fact, Upstream found more than 50 percent of all reported automotive-related cybersecurity incidents took place during the past two years alone.
"Customer experience applications, by OEMs and smart mobility providers, are one of the fastest growing attack surfaces and account for 6 percent of total attacks in 2022 so far compared to 2 percent in 2021, explains Yaniv Maimon, Upstream's director of vSOC. "Charging stations and infrastructure have also become a significant concern, especially given range anxiety concerns and the constant pressure to accelerate EV adoption."
At the Michigan vSOC, Upstream is hiring and training experienced local cyber and automotive experts to operate the vSOC, offer cross-functional response and mitigate attacks in real time.
"Southeast Michigan's emergence as a high-tech mobility hub and its proximity to our automotive customers, their Tier-1 suppliers and cybersecurity talent makes it a perfect setting for our new vSOC," Levy said, adding that traditional security operation centers focus on compliance and IT assets and lack the holistic and contextual view required to mitigate cybersecurity threats against vehicles, services and entire fleets.
The Michigan-based vSOC is expected to be fully operational by the end of the year. It adds to Upstream's growing network of automotive-specific security centers already active in Israel, and coming soon in Japan. Additional vSOC investments are expected in Europe in the near future.
About Upstream:
Upstream provides a cloud-based data management platform purpose-built for connected vehicles, delivering unparalleled automotive cybersecurity detection and response (V-XDR) and data-driven applications.
The Upstream Platform unlocks the value of vehicle data, empowering customers to build connected vehicle applications by transforming highly distributed vehicle data into centralized, structured, contextualized data lakes. Coupled with AutoThreat® Intelligence, the first automotive cybersecurity threat intelligence solution, Upstream provides industry-leading cyber threat protection and actionable insights, seamlessly integrated into the customer's environment and Vehicle Security Operation Centers (vSOC).
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