Data Security

BitSight and Glass Lewis Partner to Expand Investor Understanding of Cybersecurity

BitSight, the standard in security ratings, and Glass Lewis, the leading provider of independent global governance solutions, today announced a strategic partnership to include critical cybersecurity information – comprised of BitSight Security Ratings, data, and insights – with Glass Lewis' Proxy Paper research reports. Information on 20,000+ companies will be included in an effort to help investors better understand how cybersecurity issues may affect their investments.

Investor concerns around environmental, social, and governance issues continue to rise, leading to closer examinations of management and board effectiveness in addressing these challenges. Failure to adequately manage cyber risk can materially impact a company's revenue and financial performance. BitSight's Security Ratings and data will supply Glass Lewis clients with data-driven, evidence-based cybersecurity intelligence, which, in turn, will provide new visibility into a dimension of company performance and governance.

Investors are mostly in the dark when it comes to the cybersecurity of their investments.Providing Glass Lewis clients with BitSight ratings and data alongside its proxy research reports will deliver the insights necessary to have an enhanced understanding of the efficacy of a company's oversight of cybersecurity risks and outcomes. It's a new era in informing investors about cyber risks.

Steve Harvey, BitSight's chief executive officer.

"The BitSight Security Rating and insights will allow our clients to identify cyber risk exposure, potentially minimizing both reputational risk and long-term financial losses," said Dan Concannon, Glass Lewis Chief Commercial Officer.  "We are excited to include the industry's most respected and widely leveraged Security Rating in our Proxy Paper research reports allowing our clients to address this rapidly expanding risk."

The landscape of governance, especially as it pertains to cyber controls, is changing rapidly and institutions from the United Nations to the Securities and Exchange Commission (SEC) are increasingly focused on market transparency for global investors. Beginning in 2011 with its landmark cybersecurity guidance, the SEC has signaled that cybersecurity is a material business risk requiring consistent, adequate disclosure. The SEC created a cyber enforcement unit in 2017, updated guidance in 2018, and recently levied a series of fines at companies over inadequate disclosures of cybersecurity issues.

Over 1,300 clients, including most of the world's largest pension plans, mutual funds, and asset managers who collectively manage over $40 trillion in assets, use Glass Lewis' research and technology solutions to inform and facilitate their corporate governance activities.

About BitSight
BitSight is transforming the way that the global marketplace addresses cyber risk with cybersecurity ratings and analytics. The BitSight Security Ratings Platform applies sophisticated algorithms, producing daily security ratings that range from 250 to 900, to help organizations manage their own security performance; mitigate third party risk; underwrite cyber insurance policies; conduct financial diligence; and improve national security. With 2,300 global customers and the largest ecosystem of users and information, BitSight is the Standard in Security Ratings.

About Glass Lewis:
Glass Lewis is the leading provider of independent global governance solutions. We enable institutional investors and publicly listed companies to make sustainable decisions based in research and data. We cover 30,000+ meetings each year, across approximately 100 global markets. Our customers include the majority of the world's largest pension plans, mutual funds, and asset managers who collectively manage over $40 trillion in assets. Our core solutions include Proxy Paper proxy research and Viewpoint proxy vote management platform.

Spotlight

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Platform Security

BLOKWORX Selects Stellar Cyber Open XDR Platform to Bolster its Managed Security Offering

Business Wire | October 31, 2023

Stellar Cyber, the innovator of Open XDR, announced today that a top 200 managed security service provider (MSSP), BLOKWORX, has added Stellar Cyber Open XDR Platform to its security stack to enhance context and increase the differentiation of its security offerings. Stellar Cyber’s Network Detection and Response (NDR) capabilities and unique ability to identify threats at the network layer played a pivotal role in BLOKWORX’s ultimate decision. The Stellar Cyber Open XDR Platform enables MSSPs to produce consistent security outcomes with existing staff. In addition, Stellar Cyber complements security teams’ human expertise, making them more productive and efficient. BLOKWORX is a leading MSSP delivering data-centric security services aimed at managed security providers (MSP) with limited in-house cybersecurity resources. BLOKWORX sets itself apart from other MSSPs with its extensive networking expertise. “Most MSSPs focus on the endpoint when it comes to threat detection, then broaden their efforts,” said Robert Boles, Founder & President of BLOKWORX. “While we can and do look at endpoints, together with Stellar Cyber, we take a more comprehensive approach, looking at all layers of the network, allowing us better to understand the real depth and breadth of a threat and more completely protect a client's network from cloud to edge to endpoint.” We are delighted that BLOKWORX underscores how the Stellar Cyber Open XDR Platform accentuates the differentiation and value they offer their customers, said Jim O’Hara, Stellar Cyber Chief Revenue Officer. BLOKWORX is already a deeply valued partner, and we look forward to developing our relationship further. BLOKWORX played a critical role in integrating Stellar Cyber and Deep Instinct. They invested significant cycles working with the dev teams from Stellar Cyber and Deep Instinct, ensuring the integration works as expected. The result is a resilient integration between the two products that protect enterprises globally. “BLOKWORX was an invaluable contributor to the integration work we completed with Deep Instinct,” said Andrew Homer, VP of Technology Alliances at Stellar Cyber. “When you see this type of dedication from a partner, you want to work harder to deliver the best possible outcomes, and that is what we did.” “We will not bring anything into our stack that doesn’t pass our comprehensive vetting process, especially when a product claims to be multi-tenant. Stellar Cyber checked every box in our vetting process,” added Robert Boles. Unlike other SecOps platforms requiring several multifaceted technical professionals to deploy, use, and maintain, the Stellar Cyber Open XDR Platform delivers NG-SIEM, NDR, UEBA, SOAR, and TIP capabilities in an efficient way that allows security analysts to focus on security operations. In addition, powered by deep learning AI and an “open” integration architecture, Stellar Cyber intelligently correlates alerts, logs, and telemetry data, providing security analysts with the holistic view of threats they need to mitigate them quickly. About Stellar Cyber Stellar Cyber delivers comprehensive, unified security without complexity, empowering lean security teams of any skill to secure their environments successfully. With Stellar Cyber, organizations reduce risk with early and precise identification and remediation of threats while slashing costs, retaining investments in existing tools, and improving analyst productivity, delivering an 8X improvement in MTTD and a 20X improvement in MTTR. The company is based in Silicon Valley. For more information, visit https://stellarcyber.ai. About BLOKWORX Most IT Managed Service Providers can’t keep up with all the security options and threats that come at their clients on their own. BLOKWORX simplifies security solutions and constantly prevents cyber threats before they become catastrophic events so MSPs can protect their clients, reduce their risks and have peace of mind growing their business, with a trusted and proven security partner watching their backs. We Defend. We Protect. You Grow. For more information, visit www.blokworx.com.

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Software Security

Cyolo Unveils Key Insights into OT Cybersecurity Threat Landscape from KuppingerCole and Releases Cyolo 4.3 for Enhanced Security

Business Wire | September 27, 2023

Today, Cyolo, provider of the fastest and most secure zero-trust access and connectivity solution for hybrid organizations with IT and OT, in partnership with KuppingerCole, released an industry analysis focused on zero trust and remote access for operational technology (OT) environments. The analysis reveals key insights about the OT cybersecurity threat landscape, outlines high-level security architecture for OT, critical infrastructure systems (CIS) and industrial control systems (ICS), and evaluates key requirements of security regulations and frameworks. OT environments experience the same kinds of threats as enterprise IT – including ransomware, account takeovers, APTs, and Supply Chains as vectors – while experiencing expanded OT-specific threats. While traditional IT security tools may be adapted, developing robust security architectures for OT environments is inherently complex compared to their IT counterparts. Its unique nature, from equipment and software to communication protocols requires dedicated OT security solutions. Cyolo can help organizations with OT infrastructure to define and manage access control to those complex environments, said John Tolbert, Lead Analyst at KuppingerCole. Overall key insights include: OT Threat Landscape. Heightened geopolitical factors have intensified attacks on OT and ICS, posing significant consequences ranging from operational disruptions and service denial to financial repercussions and potential harm to human well-being. Core Cybersecurity Regulations. The risks and consequences of cyber-attacks against critical infrastructure advanced regulations globally mandating secure architectures and technical controls. KRITIS and the follow-on IT Security Act 2.0 are related examples of such regulations, as well as the NIST Cybersecurity Framework. OT Security Architectures and Key Functionalities. There are eight areas of functionality that are central to effective OT security architectures. Cybersecurity architectures for OT must address asset discovery, access control, IT security tool integration, detection and response capabilities, and OT protocol level threats. As the analysis breaks down, within critical infrastructure interruptions and downtime are not an option. To address the increasing need for secure access in OT environments, Cyolo introduced Cyolo 4.3, which expands key capabilities with more layers of security and making the product easier than ever to use for both administrators and end users in the industrial space. With Cyolo 4.3, industrial organizations will be able to extend their multi-factor authentication (MFA) across environments through an integration with Duo Security to support their physical tokens as required. Additionally, the company has implemented another layer of security for file transfer within the OT/ICS environment, through query anti-virus software to scan files before they are delivered to their destination. Cyolo is also adapting for further usability, allowing teams to securely invite external users by generating a secure one-time password; and import groups from existing IdPs, using SCIM. “Ensuring the security of critical infrastructure and industrial processes has become increasingly critical as organizations unite their IT and OT systems. This convergence has expanded the OT threat landscape and introduced significant cybersecurity challenges, as the once-isolated OT networks are now vulnerable to the same threats that have targeted IT networks for years” said Joe O'Donnell, Vice President ICS/OT of Cyolo. “With Cyolo 4.3, industrial entities can confidently navigate the complexities of the modern threat landscape and fortify their defenses against evolving cyber threats.” The announcement of Cyolo 4.3 highlights the company’s commitment to advancing zero-trust capabilities and it comes on the heels of Cyolo being listed as a Representative Vendor in the 2023 Gartner® “Market Guide for Zero Trust Network Access” report for the second consecutive year and recognized by Frost & Sullivan with the 2023 North American New Product Innovation Award for Secure Remote Access to Operational Infrastructure and Industrial Control Systems (OT/ICS). As the threats to critical infrastructure continue to evolve, Cyolo zero-trust access solution continues to provide the utmost protection and ease of use. To learn more about Cyolo 4.3, visit here. Access the report for a full view of the industry here. Register here to attend the joint webinar from Cyolo and KuppingerCole on how to achieve secure remote access for OT environments, to be held on Tuesday, October 10 at 7 a.m. PT. About Cyolo Cyolo helps hybrid organizations in the IT and OT spaces to stay safe, secure and productive in an era of distributed workforces and unprecedented cyberthreats. Cyolo’s next-generation zero-trust access solution enables all users, including employees, third parties as well as remote and on-site workers, to connect to their working environments seamlessly and securely via modern identity-based access. Providing one unified solution that integrates with the existing tech stack and deploys easily in the cloud, on-premises or in a hybrid model, Cyolo empowers the global workforce to securely access anything from anywhere.

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Software Security

Conceal and CyberForce Security Announce Strategic Partnership: Amplifying MSSP Services with Advanced Browser Security

Business Wire | September 29, 2023

Conceal, a pioneer in web security innovation, is excited to announce its strategic alliance with CyberForce Security, a leader in cybersecurity products and services. This collaboration is set to enhance CyberForce's already comprehensive technology suite by including ConcealBrowse's elite browser security. We are thrilled to integrate with CyberForce Security, a powerhouse known for its value-driven approach and deep commitment to offering the finest cybersecurity solutions in the industry. By incorporating ConcealBrowse into their portfolio, we're collectively raising the bar in web protection for MSPs of all sizes.commented Gordon Lawson, CEO of Conceal. Miles Dunbar, COO of CyberForce Security, stated, “At CyberForce, our ethos revolves around understanding our partners and clients, both technically and business-wise. By integrating with Conceal's browser security, we're amplifying our promise of delivering only the best-of-breed solutions. This collaboration embodies our dedication to staying at the forefront of cybersecurity innovation.” This partnership aligns perfectly with CyberForce Security's mission of hand-picking elite cybersecurity products and ensuring every business, from start-ups to established giants, has access to top-tier protective solutions. As both companies champion a customer-centric approach, their synergistic endeavor promises to set new benchmarks in MSSP offerings. For Managed Service Providers seeking to fortify their security offerings, we invite you to join the Conceal MSP Community, where the focus is protection where it truly counts: at the browser. As part of our community, you’ll gain complimentary access to NFR licenses of ConcealBrowse. With effortless deployment and user-friendly interfaces, it integrates seamlessly into existing security infrastructures and stands robustly as a standalone solution, offering you unparalleled ease and flexibility. More so, built-in multi-tenancy and monthly billing features open avenues for revenue growth, allowing easy downstream deployment to your clients. Don’t miss this opportunity to enhance your security toolkit and grow your practice. About Conceal Conceal is at the forefront of defending against web-based attacks, using innovative technology to detect, prevent, and shield businesses and individual users from ever-evolving online threats. ConcealBrowse operates on the principle of proactive protection. Its AI-powered intelligence engine, ConcealSherpa, runs at machine speed with virtually zero latency to identify potentially harmful webpages autonomously, stopping cyber attacks that take advantage of weaponized links. For more information, visit https://conceal.io/.

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Cloud Security

Checkmarx Announces Technology Partner Program to Enable the Industry's Most Extensible, Code-to-Cloud Enterprise AppSec Ecosystem

PR Newswire | October 19, 2023

Checkmarx, the industry leader in cloud-native application security for the enterprise, today announced its Checkmarx Technology Partner program, enabling organizations to easily extend the leading AppSec platform with a wide range of technology partner capabilities. The combination of best-of-breed technology partners with the leading enterprise AppSec platform helps organizations shift everywhere, from code to cloud, with a unified AppSec posture integrated into the software development life cycle (SDLC). Checkmarx' Technology Partner Program helps organizations simplify management across their AppSec programs, get more value out of existing AppSec solutions and drive better security outcomes. Providing broad support for greater AppSec maturity throughout the entire SDLC, the Checkmarx Technology Partner program enables partners and their customers to centralize and simplify discovery in these key areas through Checkmarx One: Vulnerability and risk management systems: Aggregate, normalize and prioritize vulnerabilities and risks with a unified, holistic view with partners like ArmorCode, Brinqa and ServiceNow. SDLC tools: Integrate AppSec at all stages of the software development lifecycle within the environments and tools used daily by analysts, developers and testers with partners like GitLab, JetBrains and Security Compass. Cloud and runtime security: Match cloud assets at runtime with application source code projects so that vulnerabilities found in the developer source code are enriched with runtime context, and runtime cloud security inventories are enriched with AppSec findings – all possible through partners like AWS, Cisco Panoptica and Sysdig. Emerging technologies: Work with the most innovative startups and technologies including AI and GenAI to shape tomorrow's AppSec solutions landscape with partners like Mobb.ai. Expanding this ecosystem simplifies the process of mitigating AppSec risk for our partners' customers, making their applications exponentially more secure during a time of escalating threats, said Kobi Tzruya, Chief Research and Development Officer at Checkmarx. From protecting AI-generated code to helping build trust between developers and security teams, Checkmarx One is already the AI-driven, enterprise-ready AppSec platform of choice. Now working with other leading technology companies to meet the need for streamlined, consolidated solutions will make life easier and applications safer for everyone. Checkmarx recently announced Sysdig as its latest technology partner, bringing runtime container insights into Checkmarx One so organizations can prioritize vulnerabilities associated with container packages that are actually running and that pose the most risk. "The top application security vendors have a responsibility to team up to provide more robust and complete solutions for the world's enterprises," said Bryan Smoltz, VP of Technology Alliances at Sysdig. "By delivering runtime insights within Checkmarx One, customers have clear visibility into the workloads that are running in production so they can make better-informed security decisions. Together, we're helping to bring maximum protection at cloud speed." Technology partners also benefit from the program with new marketing and sales opportunities, and by making their solution readily accessible to Checkmarx' more than 1,800 customers, including 60% of the Fortune 100. The Checkmarx One platform scans more than 100 billion lines of code monthly and its world-renowned Checkmarx Labs security research team provides ongoing threat intelligence to inform product development and to advise customers of their best defenses in today's threat landscape. For more information about becoming a Checkmarx Technology Partner, visit this page. Click here to explore the Checkmarx One partnership ecosystem. About Checkmarx Checkmarx is the enterprise application security leader and the provider of Checkmarx One™, the industry-leading cloud-native AppSec platform that helps enterprises build #DevSecTrust. Powered by the intelligence from our industry-leading AppSec security research team, and our AI-driven technology and services, our platform is designed to enable CISOs, AppSec and development leaders to prioritize their teams' focus on what impacts their business. Our offerings secure every phase of development for every application, from the very first line of code through production, while simultaneously balancing the dynamic needs of security and development teams. It's no longer just about shifting left or right - it's about shifting everywhere. We are honored to serve more than 1,800 customers, which includes 60 percent of all Fortune 100 organizations. We are committed to moving forward with unwavering dedication to the safety and security of our customers, and the applications that power our day-to-day lives. Checkmarx. Make Shift Happen.

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Spotlight

Cyber attacks are increasing in volume, sophistication, and severity, and the federal government has taken notice. Now, they’re taking action — most recently in the form of new cybersecurity rules from the Securities and Exchange Commission. In “11 Ways to Streamline SEC Cybersecurity Compliance with Risk Cloud,” we explore a va

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