Bugcrowd #1 Crowdsourced Security Company Announces Launch of Bugcrowd M&A Assessment

Bugcrowd | August 20, 2020

Bugcrowd, the #1 crowdsourced security company, today announced the launch of Bugcrowd M&A Assessment (Mergers and Acquisitions), a pre-packaged bundle of security tests that combine remotely-deployed penetration testing with the advanced asset discovery, alerting, attribution, prioritization, and management capabilities of the Bugcrowd platform. Organizations can initiate these tests in 72 hours or less—record time for the industry—and access results in real-time, expediting an evidence-based evaluation of a merger target’s cybersecurity posture.

“By 2022 60% of organizations engaging in M&A activity will consider cybersecurity posture as a critical factor in their due diligence process, up from less than 5% today,” states Gartner in their report, Cybersecurity is Critical to the M&A Due Diligence Process. Gartner also notes that, “the inability to manage the integration of cybersecurity practices poses its own risks.”

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It’s time for IT to turn the tables. Instead of having end users smuggle in the apps they want to use despite what IT supports, IT can become the originator of creative, functional, enterprise-ready mobile apps for internal and external customers. IT is the source, not simply the supporter or supervisor.


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DATA SECURITY, PLATFORM SECURITY, SOFTWARE SECURITY

Cerberus Sentinel announces acquisition of NLT Secure

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,PLATFORM SECURITY,SOFTWARE SECURITY

Malwarebytes and Stellar Cyber Partner to Investigate and Mitigate Cyber Threats

Malwarebytes | November 28, 2022

Malwarebytes, a global leader in real-time cyber protection, today announced a new partnership with Stellar Cyber, an industry-leading Open XDR platform that delivers comprehensive, unified security without complexity. The partnership helps resource-constrained teams produce consistent security outcomes across all environments; on-premises, cloud and anything in between. The partnership comes at a critical time in the cybersecurity landscape, as security products become more complex and IT teams spend more time maintaining their security controls, instead of investigating and mitigating cyber threats. According to a 2020 report from Palo Alto Networks, only 46 percent of security operations decision makers are satisfied with their current ability to detect threats. "They point to wasted time chasing false leads, poorly integrated security tools, and a large learning curve for effectively using those tools," according to the report. "Every security team should be able to deliver continuous, consistent security regardless of their skills or experience. "By tightly integrating Malwarebytes' cutting-edge EDR technology with the Stellar Cyber Open XDR platform, IT teams are able to close the gaps between security controls that attackers exploit." Andrew Homer, Vice-President of Technology Alliances at Stellar Cyber The integration pairs Malwarebytes' EDR solution–which collects detailed threat information for analysis and investigation–with the Stellar Cyber Open XDR Platform that ingests, normalizes, and enriches security data, including endpoints, network, cloud and logs into a single repository. Malwarebytes EDR collects critical endpoint and server data and sends it to Stellar Cyber, which analyzes the data to identify potential threats. As security analysts complete investigation in Stellar Cyber, response actions are sent to Malwarebytes to eliminate the threat. "Today's IT and security teams spend more time sifting through data than eliminating actual threats. Organizations need real-time data sharing and visibility to enable decisive actions before attackers are successful," said Brian Thomas, Malwarebytes Vice President of Worldwide MSP and Channel programs. "Stellar Cyber shares our mission to simplify cybersecurity for resource-constrained organizations. Together we uniquely deliver an intelligent and automated solution that allows security teams to be more efficient, and organizations more productive and protected." About Stellar Cyber Stellar Cyber Open XDR platform delivers comprehensive, unified security without complexity, empowering lean security teams of any skill to successfully secure their environments. 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. About Malwarebytes Malwarebytes believes that when people and organizations are free from threats, they are free to thrive. Founded in 2008, Malwarebytes CEO Marcin Kleczynski had one mission: to rid the world of malware. Today, that mission has expanded to provide cyberprotection for every one. Malwarebytes provides consumers and organizations with device protection, privacy, and prevention through effective, intuitive, and inclusive solutions in the home, on-the-go, at work, or on campus.

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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.

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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.

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Spotlight

It’s time for IT to turn the tables. Instead of having end users smuggle in the apps they want to use despite what IT supports, IT can become the originator of creative, functional, enterprise-ready mobile apps for internal and external customers. IT is the source, not simply the supporter or supervisor.

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