DATA SECURITY

Axonius Unveils SaaS Management Solution to Combat Complexity, Cost, and Risk

Axonius | January 20, 2022

Axonius, the leader in cybersecurity asset management, today unveiled Axonius SaaS Management, a new comprehensive solution that helps security, IT, finance, and risk teams control the complexity, cost, and risk of software as a service (SaaS) with a single source of truth into their SaaS application landscape.

As businesses rapidly increase consumption of SaaS applications, they face acute IT, security, and business challenges. The rate of SaaS adoption makes manual approaches to gaining a credible SaaS asset inventory woefully inadequate and exposes extremely difficult visibility challenges into both known and unknown SaaS applications. Compounding these visibility challenges, companies struggle to identify how data flows between apps, manage a myriad of configurations, and close security gaps, as well as track licensing and spend, across hundreds sometimes thousands of SaaS applications.

Axonius SaaS Management lets customers address the operational and financial challenges of SaaS asset management, as well as the security and risk gaps, all via a seamless, nonintrusive deployment that delivers actionable insights from day one. This is the first product delivered by AxoniusX, the company’s innovation-focused business unit that launched in June 2021.

“Over the past few years, we’ve seen tools emerge that address some aspects of SaaS management from either the business side or SaaS security posture management, but these approaches still leave companies with gaps in visibility and siloed information,We’ve built on our unique approach to cybersecurity asset management to deliver the same results for SaaS applications. With our rich history in building and maintaining API integrations with SaaS solutions, Axonius has the expertise and market traction to bring massive value to organizations struggling with the complexity of modern apps and infrastructure.”

Amir Ofek, CEO and co-founder of AxoniusX

Axonius SaaS Management uses adapters (API connections to data sources) and proprietary SaaS discovery tools to create a detailed inventory of all SaaS applications, permissions, and data flows. By connecting to all layers of the SaaS application stack, the solution discovers both the SaaS applications known to and sanctioned by organizations as well as shadow and unmanaged apps. This approach provides comprehensive visibility into all data types and interconnectivity flows, identifies misconfigurations and data security risks, and delivers actionable insights for better IT management and cost optimization.

Axonius SaaS Management integrates with Axonius Cybersecurity Asset Management to provide a comprehensive platform that unifies all digital assets from SaaS apps to devices, user accounts, cloud assets, and more so customers can easily and effectively control complexity across the entire IT environment.

About Axonius
Axonius gives customers the confidence to control complexity by mitigating threats, navigating risk, automating response actions, and informing business-level strategy. With solutions for both cyber asset attack surface management (CAASM) and SaaS management, Axonius is deployed in minutes and integrates with hundreds of data sources to provide a comprehensive asset inventory, uncover gaps, and automatically validate and enforce policies. Cited as one of the fastest-growing cybersecurity startups, with accolades from CNBC, Forbes, and Fortune, Axonius covers millions of assets, including devices and cloud assets, user accounts, and SaaS applications, for customers around the world.

Spotlight

Synthetic identity fraud is more pervasive than most people are aware. Synthetic identities are used to obtain financial services, medical benefits, insurance and rental housing, among other things. Additionally, organized crime and terrorist groups are realizing the benefits that the anonymity of synthetic identities can bring to their operations. Because children do not have public database records, their social security numbers are ideal for creating synthetic identities.


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DATA SECURITY

Flashpoint Acquires Vulnerability Intelligence Leader Risk Based Security

Flashpoint | January 13, 2022

Flashpoint, the trusted leader in threat intelligence and risk prevention, today announced it has acquired Risk Based Security (RBS), a Richmond, Virginia-based company specializing in vulnerability and data breach intelligence, as well as vendor risk ratings. The integration of RBS’s collections and technology into the Flashpoint platform offers a wide range of cybersecurity practitioners—including cyber threat intelligence (CTI), vulnerability management, DevSecOps, and vendor risk management teams—the contextual threat intelligence and automation they need to detect, prioritize, and thwart emerging cyber risks rapidly and holistically. “I am incredibly excited to welcome the RBS team to Flashpoint,This acquisition will enable our clients to rapidly detect critical vulnerabilities before they are widely known, and then automate how they prioritize and remediate these issues. This is a game changer for security teams and represents a vital step towards achieving Flashpoint’s vision of being the single vendor that enterprises can rely on to mitigate all types of security risks and protect critical assets.” Flashpoint CEO Josh Lefkowitz Since its founding in 2011, Risk Based Security has partnered with a diverse group of clients, including Microsoft, BlackRock, Northrop Grumman, Swisscom, American Electric Power, Amtrak, and numerous other enterprises across the technology, financial, insurance, and consumer goods sectors. To date, RBS possesses over 90,000 vulnerabilities in its collections that are not assigned CVE IDs and therefore do not exist in the National Vulnerability Database (NVD). RBS’s proprietary technology consistently identifies vulnerabilities before they are commonly known—and maps those vulnerabilities to an enterprise’s software—providing clients with a critical edge and head-start on potential adversaries. “We’re thrilled to join forces with Flashpoint,” said Jake Kouns, CEO of RBS. “It’s rare to find two organizations so similar in culture with a mutual drive to get things done. Our visions align perfectly, and we are excited to collaborate with them to bring a holistic, risk-based intelligence offering to a broad market.” AN ASSET-BASED APPROACH TO INTELLIGENCE AND RISK MANAGEMENT RBS’s extensive vulnerability, data breach, and proprietary vendor risk ratings empower security teams to quickly assess and remediate vulnerabilities based on their unique risk profile—making it the only vulnerability management tool on the market that provides scanless, real-time vulnerability intelligence with vendor and product risk ratings. With this technology, Flashpoint will be able to reveal a customer’s exposure to critical vulnerabilities and supply chain weaknesses, provide contextual awareness into how these vulnerabilities are being exploited by threat actors, and prioritize and automate the actions needed to remediate potential threats. In light of recent critical vulnerabilities like the highly-publicized disclosure of Log4j, early detection and rapid prioritization of risks is more important than ever. Moving beyond a reactive approach to threats, a combined Flashpoint and RBS solution will drive immediate and differentiated value to all types of security practitioners who are focused on protecting critical assets and infrastructure. ABOUT FLASHPOINT Trusted by governments and the Fortune 500, Flashpoint helps organizations protect their most critical assets, infrastructure, and stakeholders from security risks such as cyber threats, ransomware, fraud, physical threats, and more. Leading security practitioners—including cyber threat intelligence (CTI), vulnerability management, DevSecOps and vendor risk management teams—rely on Flashpoint's intelligence platform to proactively identify and mitigate risk and stay ahead of the evolving threat landscape. ABOUT RISK BASED SECURITY Risk Based Security (RBS) provides detailed information and analysis on Vulnerability Intelligence, Vendor Risk Ratings and Data Breaches. Our product, the Risk Based Security Platform, combines VulnDB and Cyber Risk Analytics (CRA), providing organizations access to the most comprehensive security intelligence knowledge bases available, including advanced search capabilities, access to raw data via API, and email alerting to assist organizations in taking the right actions in a timely manner.

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SOFTWARE SECURITY

Whistic Announces Support of Google’s Minimum Viable Secure Product Framework

Whistic | May 23, 2022

Today, Whistic, the proactive vendor security network for both buyers and sellers, announced support for the Minimum Viable Secure Product (MVSP) framework, a security baseline developed by Google in a collaborative effort with Okta, Slack, and Salesforce. Until the introduction of MVSP, there was no commonly accepted baseline available among security professionals that indicated the importance of security controls. With MVSP, vendors can demonstrate to their customers that they are meeting, at a minimum, the baseline of security as outlined by some of the industry’s top security professionals. “We believe a vendor-neutral security baseline is an important step in establishing minimum acceptable security requirements for enterprise software and services. “By assuring enterprise solutions include the core security building blocks, we can work to reduce third-party risk, and promote security as a key part of the product development lifecycle.” Chris John Riley, Senior Security Engineer at Google Vendors that utilize Whistic to share security documentation via the MVSP help streamline and accelerate the security review process for their customers, helping them to rapidly understand the vendor’s security posture. “Enabling companies to showcase their security posture using the MVSP and other industry frameworks is a key step toward ensuring transparent relationships between vendors and their customers,” stated Nick Sorensen, Whistic CEO. “In addition to announcing support of MVSP, we recently launched Whistic Basic Profile that enables any business regardless of size to proactively share their security posture with customers and publish it to the Whistic Vendor Security Network for free.” Basic Profile allows vendors to self-assess against industry standard frameworks, including MVSP. It also includes a limited number of Profile shares, and the ability to publish to the Whistic Trust Catalog, enabling Whistic customers to conduct Zero-Touch Assessments of the vendor’s security posture. “Okta has already added MVSP to our Whistic Profile and we look forward to seeing more and more of our vendors adopt this baseline in their Profiles,” said Gen Buckley, Director, Customer Assurance Customer Trust at Okta Security and founding committee member of MVSP. “We are always looking for ways to streamline our vendor security reviews and drive a more secure ecosystem, and MVSP helps accomplish that while also promoting transparency and collaboration between vendors and customers.” Marat Vyshegorodtsev, Enterprise Security JAPAC representative at Salesforce adds, “Organizations of all sizes often purchase dozens of software products managed by third parties. The onboarding process alone can take weeks or months, especially when it comes to vetting the security posture for each. MVSP helps solve this—it standardizes this process and eliminates overhead, complexity, and confusion for both parties while ensuring the minimum-security requirements.” About Whistic Located in the heart of the Silicon Slopes in Utah, Whistic is the network for assessing, publishing, and sharing vendor security information. The Whistic Vendor Security Network accelerates the vendor assessment process by enabling businesses to access and evaluate a vendor’s Whistic Profile and create trusted connections that last well beyond the initial assessment. Make security your competitive advantage and join businesses like Airbnb, Okta, Betterment, and Atlassian who are leveraging Whistic to modernize their vendor security programs.

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PLATFORM SECURITY

Red Sift Partners with SMX to Provide End-to-End Cloud Email Security to Organizations in Australia and New Zealand

Red Sift | May 09, 2022

Red Sift, provider of the only integrated cloud email security and brand protection platform, today announced a strategic partnership with SMX, the cybersecure email specialist, to help enterprises in Australia and New Zealand strengthen their email security posture and threat protection. Through this exclusive arrangement, Red Sift’s best-in-class Reporting Platform integrates with SMX’s new Domain Protection Service (DPS) to deliver a new joint DMARC implementation offering, helping customers improve email threat monitoring and agility in responding to threats. Red Sift and SMX will be showcasing their joint offering at AusCERT 2022 in Broadbeach, Australia, May 10-13 (booth #B19). SMX’s DPS service enables enterprises to maintain an effective DMARC implementation, using Red Sift’s best-in-class Reporting Platform to identify, quantify, and respond in real-time to dynamic threats. Red Sift’s real-time reporting provides vital data that allows SMX to deliver their expertise in refining the security profile and manage SMX DPS deployments effectively across an enterprise’s domains. SMX’s expertise, coupled with Red Sift’s reporting capabilities, provides the level of agility and monitoring required to keep up with today’s email threat landscape. “Every company in Australasia has a unique threat environment and clients increasingly want a region-specific, locally designed and supported approach to cyber security,” says Richard Fraser, CEO of SMX. “Our DMARC managed service, DPS, made possible through this strategic partnership with Red Sift, provides clients with the tailored protection profile required to respond in real-time to dynamic threats, and will enhance email cyber-security throughout Australia and New Zealand.” According to Gartner, 90% of the Global 2000 will have DMARC in place by 2026. As email threats continue to evolve and become increasingly complex, it is more important now than ever before that enterprises establish a streamlined and sustainable DMARC implementation process that can be easily updated to reflect today’s dynamic digital environment. With the Red Sift and SMX partnership, enterprises now have access to an end-to-end email threat monitoring service, powered by real-time reporting with actionable insights that enable them to maximize their agility in quantifying and responding to threats. As a result, customers have greater confidence in their DMARC implementation and overall email security posture. “SMX shares our mission to provide enterprises with the solutions necessary to proactively protect their business and brand reputation from email security threats, rather than ‘mopping up’ after an attack. Our partnership with SMX enables us to help more organizations in Australia and New Zealand strengthen their DMARC implementations, and we’re excited to continue to scale globally in partnership with SMX.” Cameron McLean, Regional Manager, Asia Pacific, Red Sift Experts from Red Sift and SMX will be on hand at booth #B19 at AusCERT 2022 to showcase their joint DMARC managed service for enterprises. About Red Sift Red Sift enables security-first organizations to successfully communicate with and ensure the trust of their employees, vendors and customers. As the only integrated cloud email and brand protection platform, Red Sift automates BIMI and DMARC processes, makes it easy to identify and stop business email compromise, and secures domains from impersonation to prevent attacks. Founded in 2015, Red Sift is a global organization with international offices in the UK, Spain, Australia, and North America. It boasts a client base of all sizes and across all industries, including Wise, Telefonica, Pipedrive, ITV, Dominos, and top global law firms. Find out how Red Sift is delivering actionable cybersecurity insights to its global customers at redsift.com. About SMX SMX is a cyber security company with specialist expertise in email. It’s all we do. That means you get local expertise to help you secure your organisation’s email. And when you protect your email, you’re also protecting your brand reputation. For more than 17 years, our in-house development team has been delivering that to hundreds of public and private sector businesses, offering training, support and the latest in tech solutions.

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PLATFORM SECURITY

Contrast Security Achieves AWS DevSecOps Competency Status

Contrast Security | May 13, 2022

Contrast Security (Contrast), the leader in code security that empowers developers to secure-as-they code, announced today that it has achieved Amazon Web Services (AWS) DevOps Competency for development, security, and operations (DevSecOps) garnered by demonstrating technical proficiency and proven customer success specializing in DevSecOps. Contrast was selected as one of the official launch partners of the DevSecOps Competency by AWS, which is an extension of the DevOps category. Achieving the AWS DevOps Competency for DevSecOps differentiates Contrast Security as an AWS Partner with deep domain expertise in delivering software products that integrate security across every stage of the development and delivery cycles, including pre-, during, and post-deployment. Contrast Security is part of a small group of innovative security technologies to achieve the AWS DevSecOps Competency in its inaugural year. "We're honored to achieve AWS DevSecOps Competency status on top of the DevOps Competency status that we received last year. It is a true testament to our efforts in helping large enterprises ensure security and compliance across the entire lifecycle of their web applications and APIs running on AWS. We're looking forward to expanding our AWS capabilities so that organizations garner continuous visibility and centralized point-of-control for software risk through a single platform." Surag Patel, Chief Strategy Officer at Contrast Security By using instrumentation technology, Contrast Security is embedding self-assessment and self-protection capabilities directly into AWS applications during run-time. This enables DevSecOps teams to detect accurate code-level vulnerabilities (both custom code and open source libraries) in development and quality assurance (QA) environments, and monitor and block production applications from threats and attacks in real-time. Envestnet | Yodlee, the leading data aggregation and data analytics platform, helps consumers live better financial lives through innovative products and services created for more than 1,400 financial institutions and financial technology (FinTech) companies. The company revolutionizes financial services with its intelligent APIs, innovative applications, and advanced analytics products. With the help of Contrast Security and AWS, the company was able to seamlessly integrate new applications and accelerate its time-to-market. The AWS offerings have helped Envestnet | Yodlee launch products to market quickly and effectively. By implementing Contrast as part of their DevSecOps initiatives, Envestnet | Yodlee further secured its financial software solutions and by adopting a DevSecOps methodology, security and development teams are jointly responsible for bolstering security by essentially bringing development and operations together. "Envestnet | Yodlee requires an application security framework that is repeatable, scalable, and can find and remediate vulnerabilities by using the best software security solutions," said Saran Makam, Director of Application Security at Envestnet | Yodlee. "My team chose Contrast Security because their solution was well received by our development and security teams and because it works continuously and in real-time." About Contrast Security Contrast Security secures the code that global business relies on. It is the industry's most modern and comprehensive Code Security Platform, removing security roadblock inefficiencies and empowering enterprise developers to write and release secure application code faster. Embedding code analysis and attack prevention directly into software with instrumentation, the Contrast platform automatically detects vulnerabilities while developers write code, eliminates false positives, and provides context-specific how-to-fix guidance for easy and fast vulnerability remediation. Doing so enables application and development teams to collaborate more effectively and to innovate faster while accelerating digital transformation initiatives. This is why a growing number of the world's largest private and public sector organizations rely on Contrast to secure their applications in development and extend protection to cloud and on-premise applications in production.

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Spotlight

Synthetic identity fraud is more pervasive than most people are aware. Synthetic identities are used to obtain financial services, medical benefits, insurance and rental housing, among other things. Additionally, organized crime and terrorist groups are realizing the benefits that the anonymity of synthetic identities can bring to their operations. Because children do not have public database records, their social security numbers are ideal for creating synthetic identities.

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