DATA SECURITY, PLATFORM SECURITY, SOFTWARE SECURITY
Cerberus Sentinel | September 07, 2022
Cerberus Cyber Sentinel Corporation , an industry leader as a managed cybersecurity and compliance provider, based in Scottsdale, Ariz., announced that it has completed the acquisition of NLT Secure, a cybersecurity company with headquarters in Providencia, Chile, and U.S. offices in Tampa, Florida. Under the terms of the agreement, NLT Secure became a wholly owned subsidiary of Cerberus Sentinel.
NLT Secure provides a broad range of security solutions and managed services to organizations throughout South America. Lorenzo Espinoza, founder and chairman, NLT Secure, will continue to manage the company's team of professionals and will work closely with the leadership team in Latin America.
“NLT Secure accelerates our growth strategy into Latin America and is an excellent cultural fit. “As cybersecurity continues to be a global challenge requiring a breadth of capabilities, NLT has made this its mission to help secure businesses and organizations. NLT Secure has partnered with our Arkavia Networks and CUATROi teams, also based in Chile, for several years and compliments our combined service offerings.”
David Jemmett, CEO and founder of Cerberus Sentinel
"Our vision has always been to protect and guarantee the continuity of operations for our clients considering the challenging scenario of cyber threats they face every day. I want to deeply thank the incredible team of professionals that make up NLT, because it is thanks to their passion and commitment that we have managed to make this dream come true. I´m so excited to take this step together with the incredible team of Cerberus Sentinel, with whom we share a culture and a vision,” said Espinoza.
About Cerberus Sentinel
Cerberus Sentinel is an industry leader as a managed cybersecurity and compliance provider. The company is rapidly expanding by acquiring world-class cybersecurity, secured managed services, and compliance companies with top-tier talent that utilize the latest technology to create innovative solutions to protect the most demanding businesses and government organizations against continuing and emerging security threats and compliance obligations.
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DATA SECURITY, ENTERPRISE IDENTITY
Keeper Security | September 15, 2022
Keeper Security, the leading provider of zero-trust, zero-knowledge and FedRAMP Authorized cybersecurity software, today released findings from its second annual Cybersecurity Census. The report explores insights from IT decision-makers at businesses and organizations across the U.S., revealing that most respondents expect the onslaught of cyberattacks to intensify over the next year, yet 32% lack a management platform for IT secrets–posing a significant risk to organizational security.
The 2022 U.S.Cybersecurity Census Report explores the ongoing threats of cyberattacks and the need for cybersecurity investment. The report maps the evolving cybersecurity landscape as hybrid and remote work have transformed businesses over the past two years. According to survey findings, the average U.S. business experiences 42 cyberattacks annually—between three to four each month. Still, fewer than half (44%) of respondents provide their employees with guidance or best practices for governing passwords and access management.
IT leaders reveal a lack of preparedness for cyberattacks
U.S. businesses face many cyberattacks each year, significantly impacting their organizations. Most respondents agree the total number of attacks will increase over the next year, with 39% predicting the number of successful cyberattacks will also rise.
Most organizations in the U.S. believe they're prepared to fend off cyberattacks, with 64% of respondents rating their preparedness at least an eight on a 10-point scale and 28% rating themselves as a 10/10. At the same time, the majority of respondents (57%) say it is taking longer to respond to attacks and only 8% say responses are getting faster.
Though most report feeling prepared for attacks, leaders admit their tech stacks lack essential tools.
Nearly one-third of respondents (32%) lack a management platform for IT secrets, such as API keys, database passwords and privileged credentials.
84% are concerned about the dangers of hard-coded credentials in source code but 25% don't have software to remove them.
More than one-quarter of respondents (26%) said they lack a remote connection management solution to secure remote access to IT infrastructure. With the rise in hybrid work and remote work, this is a significant security gap.
This lack of investment in cybersecurity tools is alarming, especially considering the lasting impact of cyberattacks that survey respondents revealed.
Nearly one-third (31%) suffered a disruption of partner or customer operations in the wake of a cyberattack and the same percentage experienced theft of financial information.
18% of organizations experienced theft of money, with the average amounting to more than $75,000, while 37% lost $100,000 or more.
23% experienced the inability to carry out business operations.
In addition to direct costs, cyberattacks can cause lasting damage to business perception and client trust. More than one-quarter of respondents (28%) suffered reputational damage due to a successful cyberattack and 19% reported losing business or a contract.
"The volume and pace at which cyberattacks are hitting businesses is increasing and with that come severe financial, reputational and organizational penalties," said Darren Guccione, CEO and co-founder of Keeper Security. "Leadership must prioritize cybersecurity, enabling their security teams to address rapid shifts in technology and distributed remote work. The impact these shifts have on cybersecurity are both pervasive and extreme. Building a culture of trust, accountability and responsiveness is critical."
U.S. businesses must take immediate action against cyber threats
Cybersecurity is a pillar of every good business and these findings underscore the need for business leaders to make cybersecurity a part of organizational culture. U.S. business leaders are working to source the necessary talent to stay secure. Nearly three-quarters (71%) of respondents have made new hires in cybersecurity over the past year and 58% say they've increased cybersecurity training.
A devastating cyberattack is one stolen password away, but despite this threat, fewer than half (48%) of respondents state they have plans to invest in password management, visibility tools for network-based threats or infrastructure secrets management.
Only 44% of respondents provide their employees with guidance and best practices governing passwords and access management.
30% of respondents allow employees to set and manage their passwords and admit that employees often share access to passwords.
A mere 26% have a highly sophisticated framework for visibility and control of identity security.
Many organizations are considering future investments with 73% of respondents expecting their cybersecurity budgets to increase. However, they face being outmatched by rising external threats and the demands created by existing weaknesses.
Cybersecurity in company culture
Employees understand the dangers of both external and internal threats. An overwhelming 79% of IT professionals are concerned about a breach from within their organization and 47% have suffered a breach of that nature. As more employees work remotely, businesses must rethink their investments in order to maintain security. In fact, 40% of respondents highlighted remote and hybrid work as a top concern, with rising external threats close behind at 39%.
IT leaders themselves admit a lack of transparency in cyber incident reporting within their organizations, with nearly half of respondents (48%) being aware of a cyberattack, but keeping it to themselves. Businesses must foster a sense of trust and transparency in their organizations, creating an open dialogue to recognize the scale of the cybersecurity challenges their organization faces. Only with that recognition can resources be devoted to education and embedding a cybersecurity mindset into the organization's culture.
Keeper's 2022 U.S. Cybersecurity Census Report demonstrates that cyberattacks present a profound and ongoing threat. Preventative measures, including investment, education and cultural shifts, are essential for businesses to drive resilience and protect their organizations from cybercriminals.
Methodology
The report yielded results from 516 IT leaders and decision-makers in businesses across the U.S.
About Keeper Security
Keeper Security, Inc. ("Keeper") is transforming the way organizations and individuals protect their credentials, secrets, connections and sensitive digital assets to significantly reduce the risks of identity security-related cyberattacks, while gaining visibility and control. Keeper is the leading provider of zero-trust and zero-knowledge security cloud services trusted by millions of people and thousands of organizations for password management, secrets management, privileged access, secure remote infrastructure access and encrypted messaging.
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DATA SECURITY, PLATFORM SECURITY, SOFTWARE SECURITY
OneSpan | September 19, 2022
OneSpan™ , the digital agreements security company, today announced the general availability of its secure Virtual Room cloud service which enables organizations to deliver live, high-touch assistance to their customers in a high-assurance virtual environment. This next-generation customer engagement solution gives organizations the ability to balance identity security, authentication, and e-signature solutions from the broader OneSpan portfolio with a high-assurance virtual experience that is the next best thing to entering a branch or meeting in person. Virtual Room complements digital-first transaction experiences by providing a unique opportunity for organizations to create personalized, high-touch, human-assisted interactions, and by improving the customer experience, increasing agreement completion rates, and reducing security risks and fraud.
“Today, businesses requiring a high degree of security and regulatory compliance rely daily on a variety of technologies that use insecure, shared links and expose users to elevated risks including data breaches and compliance violations in the anywhere economy. This should not be the case. Organizations and their customers want to be confident that the person joining a virtual meeting is the person they claim to be. And multi-million dollar business agreements transacted digitally should not be subject to fraud fallout. “Today’s off-the-shelf video conferencing tools do not offer optimal security. As the complexity and value of transactions increase, customers want a live interaction rather than relying on a virtual assistant or self-service experience. We built Virtual Room for these scenarios to help our customers complete an agreement or transaction where they need a personal touch and where security is paramount.”
Matthew Moynahan, President and CEO at OneSpan
Combining OneSpan’s heritage in high-assurance identity verification and authentication with agreement co-browsing, web-enabled videoconferencing, rich collaboration features, and built-in e-signature, Virtual Room helps organizations engage and transact with customers with confidence. Virtual Room can be used for multiple high-value customer agreements, including account opening and maintenance, wealth management, and car financing.
Virtual Room enables organizations to:
Verify the identities of participants, utilizing OneSpan’s identity verification and mobile and hardware authentication solutions;
Interact with signers remotely;
Simultaneously review documents and address questions;
Capture legally binding e-signatures in real-time; and
Record virtual sessions to reinforce the electronic evidence captured in the audit trails.
A recent report from Aragon highlighted the need for higher assurance within these processes. “It’s important for buyers to look for a provider that has global security compliance expertise in all aspects of the workflow, from the initial identity verification and authentication steps, to creating a secure virtual interaction environment and all the way through to securing the final output or artifact of the transaction, for compliance and enforceability purposes. Equally important, buyers should look for a vendor that has the flexibility to adapt any step in the digital workflow to meet local regulations for digital identity, secure customer authentication, transaction risk analysis, and the many other security requirements, which differ from one country to the next.”
As a secure solution for customer-facing digital agreements where the integrity of the agreement is paramount, Virtual Room allows organizations to embrace a new way of working that’s more distributed, virtual, and dynamic, enabled by advancements in cloud technology. With the onset of the anywhere economy, and with more transactions being completed online, identity verification and authentication technologies are critical in the digital agreements process. This purpose-built, high-assurance digital agreement solution includes identification and authentication capabilities that enable organizations to increase the integrity and completion rates of agreements and transactions in a highly-secure and protected ecosystem without impacting user experience or productivity.
About OneSpan
OneSpan helps organizations accelerate digital transformations by enabling secure, compliant, and refreshingly easy customer agreements and transaction experiences. Organizations requiring high assurance security, including the integrity of end-users and the fidelity of transaction records behind every agreement, choose OneSpan to simplify and secure business processes with their partners and customers. Trusted by global blue-chip enterprises, including more than 60% of the world’s largest 100 banks, OneSpan processes millions of digital agreements and billions of transactions in 100+ countries annually.
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DATA SECURITY, PLATFORM SECURITY
Orange Cyberdefense | September 23, 2022
Orange Business Services, a global network-native digital services company, Orange Cyberdefense, a leading cybersecurity services provider, and Netskope, a leader in secure access service edge (SASE), are partnering to deliver a new SSE (Security Service Edge) solution embedded into the Orange Telco Cloud Platform. The enhanced solution is designed to deliver optimal performance with maximized security, meaning enterprises will no longer need to find a compromise between the two.
A decade of shifting to cloud and mobile computing, along with the ever-present demands of hybrid work environments, have put security and networking requirements on a collision course. While SSE addresses the security challenges, enterprises need to incorporate them into overarching connectivity strategies to realize the full benefits of SASE.
The partnership will leverage Orange Cyberdefense’s security expertise and Netskope’s global security private cloud footprint and SSE leadership, enabling Orange Business Services to deliver consistent internet security on and off the network. This will help protect enterprise customers from data loss and the growing volume of sophisticated threats across cloud, web and private applications, with the full attributes of a cloud-native platform.
The co-managed solution will reduce complexity for enterprises, providing continuously updated cloud security via the Orange Business Services Telco Cloud Platform. Telco Cloud Platform is a revolution in the way networks are built, run, and managed with enhanced performance. The software-defined approach optimized for telco workloads allows for greater agility and cost reduction.
Securing an enterprise’s most important assets: people and data
This innovative hybrid architecture embeds Netskope’s points-of-presence (POPs) within the Orange network, strengthening the Orange customer value proposition by delivering the benefits of the Orange network, including speed and agility, while enabling customers to tap into the power of Netskope Intelligent SSE.
Netskope Intelligent SSE provides granular visibility and real-time data and threat protection for cloud services, websites, and private apps accessed from anywhere, on any device.
“Cloud transformation and hybrid work models mean that traditional security architectures are no longer effective or efficient. Plugging our market leading platform into Orange’s network will enable Orange to significantly increase its offering to enterprises looking to secure data without limiting business productivity.”
Sanjay Beri, CEO, Netskope
“Increasingly enterprises are using the internet as their only WAN transport, even in a growing threat landscape. Working together we are delivering Orange customers a SASE-ready WAN edge while upgrading the security of the enterprise’s network without downgrading the user experience.” says Hugues Foulon, CEO, Orange Cyberdefense.
“This innovative partnership is an important part of our Evolution Platform concept designed to simplify connectivity, cloud, and security and support business outcomes from end-to-end, providing real-time protection for our users, their applications, and data, wherever they are. It underscores our position as a trailblazer in SSE and managed services, providing the right balance of performance, speed, and protection to our customers,” adds Aliette Mousnier-Lompré, CEO, Orange Business Services.
About Orange Business Services
Orange Business Services is a network-native digital services company and the global enterprise division of the Orange Group. It connects, protects, and innovates for enterprises worldwide to support sustainable business growth. Leveraging its connectivity and system integration expertise throughout the digital value chain, Orange Business Services is well placed to support global businesses in areas such as software-defined networks, multi-cloud services, Data and AI, smart mobility services, and cybersecurity. It securely accompanies enterprises across every stage of the data lifecycle end-to-end, from collection, transport, storage and processing to analysis and sharing.
About Netskope
Netskope, a global cybersecurity leader, is redefining cloud, data, and network security to help organizations apply Zero Trust principles to protect data. Fast and easy to use, the Netskope platform provides optimized access and real-time security for people, devices, and data anywhere they go. Netskope helps customers reduce risk, accelerate performance, and get unrivaled visibility into any cloud, web, and private application activity. Thousands of customers, including more than 25 of the Fortune 100, trust Netskope and its powerful NewEdge network to address evolving threats, new risks, technology shifts, organizational and network changes, and new regulatory requirements.
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