DATA SECURITY

Balbix Extends Cyber Security Posture Automation to AWS

Balbix | November 02, 2021

Balbix, provider of the world's leading platform for cybersecurity posture automation, announced today the general availability of the Balbix Connector for AWS. As a result of the new offering, customers gain a comprehensive inventory of their assets spanning on-premises and cloud as well as the ability to discover, prioritize and mitigate unseen risks, including unpatched software vulnerabilities, weak credentials, missing or poor encryption, trust issues and cloud infrastructure misconfigurations.

A surge in cloud adoption has made modern IT environments more complex and increased the enterprise attack surface. While gains have been made in cloud security, visibility remains siloed. Proactive cybersecurity tools are typically split into on-premises and cloud silos, making it extremely difficult to get a consolidated view into both environments. In addition, the ability to identify and address the most pressing risks requires the assistance of automation to successfully scale.

Improved AWS Security Posture Management
The new Connector for AWS provides support for the most popular AWS Cloud services including core services like Amazon Elastic Compute Cloud (Amazon EC2), Amazon Simple Storage Service (Amazon S3), and AWS Identity and Access Management (IAM); database and container services like Amazon Relational Database Service (Amazon RDS), and Amazon Elastic Kubernetes Service (Amazon EKS); and analytics services like Amazon OpenSearch Service. As a result, teams overseeing security of their AWS environments can:
  • Get comprehensive visibility into cloud assets and accurately categorize them into compute, storage, network, and containers
  • Discover exposure to common cloud attack vectors, especially misconfigurations – the most exploited attack vector for the cloud
  • Measure risks in terms of the likelihood and monetary impact of them being exploited in order to prioritize risks for remediation and report on the overall security posture

Visibility Across the Entire Network
With the addition of the Connector for AWS, Balbix merges cloud and on-premises visibility in one view, eliminating the need for security practitioners to look through multiple dashboards and allowing them to work more productively.

"With a significant portion of our IT infrastructure already running in AWS alongside a longer-term cloud-first strategy to migrate most workloads to the cloud, the addition of the Balbix Connector for AWS enables us to drive down risk comprehensively across our enterprise," said Nate Miller, Senior IT Manager, Global Cyber Security and IT Compliance at Cooper-Standard. "However, we know some critical IT infrastructure will remain on-premises. The unified visibility provided by Balbix is key to enable our cyber security teams to make the best decisions for the business and most efficiently minimize the risk of breach."

Advanced Risk Analysis
AWS data is analyzed using purpose-built AI algorithms to produce a comprehensive view of cyber-risk for organizational cloud assets, along with relevant context and recommended action items. Risk is measured in dollars, which provides a common language that organizations can use to prioritize projects, spending and track the effectiveness of their overall cybersecurity program.

"Traditionally, cyber posture tools have been siloed, only offering views for cloud or on-premises, never both,We are excited to introduce the Balbix Connector for AWS to break down the siloed approach and offer AWS customers a holistic view of their overall corporate risk, along with new insights to manage security under the shared responsibility model."

Gaurav Banga, CEO at Balbix

About Balbix
Balbix is the world's leading platform for cybersecurity posture automation. Using Balbix, organizations can discover, prioritize and mitigate unseen risks and vulnerabilities at high velocity. With seamless data collection and petabyte-scale analysis capabilities, Balbix is deployed and operational within hours, and helps to decrease breach risk immediately. Balbix counts many global 1000 companies among its rapidly growing customer base and was named a "Cool Vendor" by Gartner in 2018.

Spotlight

In an industry heavily dependent on technology for critical functions cybersecurity threats loom on multiple fronts for aviation managers. Airlines and airports need to focus on developing effective strategies to protect their data, systems and reputations. But what is the right strategy, how can the industry secure and protect its systems and data.


Other News
DATA SECURITY,ENTERPRISE IDENTITY,SOFTWARE SECURITY

Wib Raises $16 Million Investment to Accelerate Growth and Tackle Rising API Security Problem

Wib | November 08, 2022

Wib, the fast-growth cybersecurity startup pioneering a new era in API security, today announced a $16 million investment led by Koch Disruptive Technologies (KDT), the growth and venture arm of Koch Industries, Inc, with participation from Kmehin Ventures, Venture Israel, Techstars and existing investors. The investment will be used to enhance Wib's pioneering holistic API security platform and accelerate international growth as it expands operations across the Americas, UK and EMEA. API security is one of the biggest challenges facing CIOs today. Traditional API security solutions are siloed and fragmented, leaving CIOs with a choice of multiple point products or bolt-on integrations to create a patchworked solution. This results in increased cost and complexity, reduced visibility and control, and greater exposure to risk. Wib's holistic API security platform is the only solution to provide complete visibility across the entire API landscape, from code to production, helping unify software developers, cyber defenders, and CIOs around a single holistic view of their complete API domain. By delivering rigorous real-time inspection, management, and control at every stage of the API lifecycle, Wib can automate inventory and API change management; identify rogue, zombie and shadow APIs and analyse business risk and impact, helping organisations to reduce and harden their API attack surface. "APIs have become the Achilles heel of cyber defenses and the number one threat vector for cyber-attacks. "APIs account for 91% of today's internet traffic with over 50% being invisible to business IT and security teams. These unknown, unmanaged, and unsecured APIs are creating massive blind spots for CIOs that expose critical business logic vulnerabilities and increase risk. Gil Don, CEO and Co-Founder of Wib "What's more, traditional and legacy web security approaches, like WAFs and API Gateways, were never designed to protect against modern logic-based vulnerabilities. The Wib platform has been purposely built for an API driven world creating a new category of API native security." A recent report by industry research firm GigaOm, placed Wib as a "fast mover" in the "leaders" category, stating, "Wib is a new company but brings a strong enough offering to jump straight into the leaders category" and "Wib is a new entrant in this space, but it offers a comprehensive solution." Wib was also called out for its capability in "source code analysis with an eye toward API weaknesses is Wib's greatest strength." The report ranks Wib's API Runtime Protection, Monitoring and Reporting as exceptional in its focus and execution. This is a real testament to the Wib's innovative API security platform and approach. About Wib Wib is pioneering a new era in API security with its industry first holistic API security platform. Providing continuous and complete visibility and control across the entire API ecosystem, Wib enables developers to code with confidence and security teams to secure with surety.

Read More

DATA SECURITY, ENTERPRISE IDENTITY

SandboxAQ Acquires Cryptosense to Accelerate Delivery of Security Solutions to Global Organizations

SandboxAQ | September 14, 2022

SandboxAQ, an enterprise SaaS company delivering the compound effects of AI and Quantum tech (AQ) to governments and the Global 1000, today announced it has acquired Cryptosense, a leading cybersecurity and encryption analysis software company. SandboxAQ's acquisition comes just weeks after the company unveiled its Strategic Investment Program and initial investment in evolutionQ. The acquisition of Cryptosense complements and accelerates the deployment of SandboxAQ's Post-Quantum Cryptography (PQC) solutions to corporations and government institutions worldwide. SandboxAQ's cybersecurity products enable large enterprises to scale cryptography management across their IT infrastructure, providing CISOs with a single, 360° view of how encryption is used throughout the enterprise – a critical first step in migrating to PQC. This migration to stronger cybersecurity is important for critical infrastructure sectors such as financial services, technology, energy, biopharma, logistics, and government. Cryptosense is used by leading technology and financial services organizations and is a fellow NIST NCCOE partner. The combined customer relationships will help SandboxAQ bring its PQC solutions to market faster and protect these organizations and their customers from existing and emerging quantum threats, such as Store Now, Decrypt Later (SNDL) attacks. "Rapid advances in quantum computing and AI challenge the effectiveness and performance of existing cryptography-based cybersecurity solutions. The combined leadership, talent, and expertise that SandboxAQ and Cryptosense bring to the marketplace accelerates the deployment of more effective cryptography solutions to protect the world against the security threats of today and tomorrow," said Jack D. Hidary, CEO of SandboxAQ. "The caliber of the Cryptosense team is recognized throughout the information security community, with the leadership by Graham Steel and Clément Jeanjean. We welcome Cryptosense to the SandboxAQ family and look forward to our continued success as one company." "The complementary functionality and expertise between Cryptosense and SandboxAQ enables us to build and deliver SaaS solutions at scale with higher touch customer service. PQC implementation is critical to protect the world's sensitive data and together we will make a greater impact." Dr. Graham Steel, Cryptosense founder Cryptosense was advised by Stifel and Hogan Lovells and SandboxAQ was advised by Morgan Lewis. About SandboxAQ SandboxAQ is an enterprise SaaS company, providing solutions at the nexus of AI and Quantum technology (AQ) to address some of the world's most challenging problems. The company's core team and inspiration formed at Alphabet Inc., emerging as an independent, growth-capital-backed company in 2022. About Cryptosense Cryptosense is an enterprise SaaS company that helps organizations identify and catalog the cryptography leveraged within their applications and infrastructure. Some of the largest technology and financial services companies worldwide use Cryptosense for their cybersecurity needs. Cryptosense announced a $4.8 million funding round in May 2021 backed by Amadeus Capital Partners, Elaia Partners and BGV.

Read More

DATA SECURITY, PLATFORM SECURITY

BigID Wins “Compliance Software Solution of the Year” in 6th Annual CyberSecurity Breakthrough Awards Program

BigID | October 11, 2022

BigID, the leading data intelligence platform for privacy, security, and governance, today announced that it has been awarded “Compliance Software Solution of the Year” in the 6th annual CyberSecurity Breakthrough Awards program conducted by CyberSecurity Breakthrough, a leading independent market intelligence organization that recognizes the top companies, technologies and products in the global information security market today. “This recognition from CyberSecurity Breakthrough highlights our commitment to providing customers with security and compliance solutions that are designed for today and tomorrow’s data challenges. “We designed BigID to be an actionable data intelligence platform built for enterprise scale - all while meeting continuously shifting compliance requirements.” Dimitri Sirota, CEO and co-founder of BigID The mission of the CyberSecurity Breakthrough Awards is to honor excellence and recognize the innovation, hard work and success in a range of information security categories, including Cloud Security, Threat Detection, Risk Management, Fraud Prevention, Mobile Security, Email Security and many more. This year’s program attracted more than 4,100 nominations from over 20 different countries throughout the world. “Organizations need to be able to find, classify, inventory, and manage all of their sensitive data, regardless of where or what it is. It's a momentous task and requires addressing common challenges including, but not limited to: Siloed data, lack of visibility and accurate insight, and balancing legacy systems with cloud data. All while meeting a litany of compliance requirements,” said James Johnson, managing director, CyberSecurity Breakthrough. “BigID is purpose-built to discover and manage all enterprise data - business, regulated, sensitive, critical, and personal data. A hearty congratulations on winning the ‘Compliance Software Solution of the Year’ award.” With BigID, customers can automate alerts on cross-border data-sovereignty violations, and ensure compliance with CCPA, GDPR, HIPAA, PCI and other data privacy and protection regulations and security frameworks. About BigID BigID's data intelligence platform enables organizations to know their enterprise data and take action for privacy, security, and governance. Customers deploy BigID to proactively discover, manage, protect, and get more value from their regulated, sensitive, and personal data across their data landscape. BigID has been recognized for its data intelligence innovation as a 2019 World Economic Forum Technology Pioneer, named to the 2021 Forbes Cloud 100, the 2021 Inc 5000 as the #19th fastest growing company and #1 in Security, a Business Insider 2020 AI Startup to Watch, and an RSA Innovation Sandbox winner. Find out more at https://bigid.com. About CyberSecurity Breakthrough Part of Tech Breakthrough, a leading market intelligence and recognition platform for global technology innovation and leadership, the CyberSecurity Breakthrough Awards program is devoted to honoring excellence in information security and cybersecurity technology companies, products and people. The CyberSecurity Breakthrough Awards provide a platform for public recognition around the achievements of breakthrough information security companies and products in categories including Cloud Security, Threat Detection, Risk Management, Fraud Prevention, Mobile Security, Web and Email Security, UTM, Firewall and more.

Read More

DATA SECURITY, PLATFORM SECURITY, SOFTWARE SECURITY

VMware SASE and SD-WAN Helps Organizations Take a Holistic Approach to Networking and Security

VMware | October 31, 2022

The last two years accelerated Information Technology (IT) trends that were already underway: rapid increase in the adoption of cloud, multi-cloud, and internet of things (IoT); a smarter edge for use cases such as modern retail, healthcare, and manufacturing; and a distributed workforce, where employees can be anywhere. Software-defined (SD) WAN technology eliminates the traditional WAN connectivity challenges associated with distributed enterprise applications and IoT devices that held back this acceleration. The need to more securely connect distributed users to cloud-based applications is driving the adoption for software-defined, cloud-delivered security. Secure Access Service Edge (SASE) combines the flexibility of SD-WAN technology with a full suite of security services it delivers from the cloud. SASE points of presence (PoPs) provide networking and security functions closer to the user, enabling fast and more secure access Frost & Sullivan's latest white paper, As Edge Computing Gains Traction, the Business Case for SASE is Stronger than Ever, explores how market trends highlight the demand for the cloud-delivered networking, compute, and security architecture that SASE delivers. As public cloud adoption levels continue to increase post-pandemic due to hybrid and multi-cloud configurations, businesses should: Integrate edge computing as part of hybrid cloud architecture to optimize and more securely connect edge locations back to data centers and cloud-hosted applications. Implement hybrid and multi-cloud configurations to become more distributed and easily build, deploy, and continually optimize app delivery, for a more competitive edge. Support hybrid work trends and optimize user connectivity to cloud-based applications. Auto apply security conditions to users accessing enterprise applications based on the user identity and the context to mitigate risks and protect digital assets. VMware SASE is an example of the right way to secure and speed access in this distributed landscape through cloud-delivered SD-WAN Edge devices, Gateways, SASE Orchestrator, Edge Network Intelligence™, and Edge Compute Stack. The global network of scalable VMware SASE PoPs delivers apps to users reliably, quickly, and more securely over a single management interface. The VMware SASE product family delivers enterprise agility through a cloud-first open architecture, superior digital experience with rock-solid SD-WAN connectivity, security based on zero-trust principles, and operational simplicity with vendor-agnostic Artificial Intelligence for Operations that can help predict and prevent problems before they occur. About Frost & Sullivan For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models and companies to action, resulting in a continuous flow of growth opportunities to drive future success.

Read More

Spotlight

In an industry heavily dependent on technology for critical functions cybersecurity threats loom on multiple fronts for aviation managers. Airlines and airports need to focus on developing effective strategies to protect their data, systems and reputations. But what is the right strategy, how can the industry secure and protect its systems and data.

Resources