DATA SECURITY

Cerberus Sentinel Launches Secured Managed Services Providing Senior Support to Mitigate Cyber Risks

Cerberus Sentinel | October 26, 2021

Cerberus Cyber Sentinel Corporation a cybersecurity consulting and managed security services firm, today introduced its Cerberus Sentinel Secured Managed Services to help organizations step up their cybersecurity protections with security-focused, end-to-end network and device management solutions provided by a team of senior staff.

Cerberus Sentinel's full-scale secured managed services are an integral part of MCCP+, their holistic approach to cybersecurity, compliance and culture. This ensures that all strategic solutions are tailored specifically for each client. Cerberus Sentinel has long recognized that a company must incorporate a culture of cybersecurity through its solutions, processes, and staff training to address the rapid growth of threats to its very existence, data, and intellectual property.

"The cost of just one data breach was $3.86 million in 2020,The cybersecurity market is expected to grow to $10.5 trillion by 2025, and the lack of those trained with cyber skills remains a challenge for most businesses. We know organizations are struggling to stay ahead of attacks, as well as to protect their customers and employees. With our senior team's decades of experience, we can provide peace of mind by partnering side-by-side to help them reduce system downtime and realize a quantifiable increase in employee productivity."

Brian Yelm, managing director, Cerberus Sentinel

Cerberus Sentinel Secured Managed Services highlights include:

Managed Support: Unlimited concierge support for all workstations, servers, firewalls, switches, routers, wireless access points, printers, and copiers. A real-time inventory is kept of all hardware and software. Strategic guidance is provided to organizations without a CIO, CTO or director of IT.

Security Bundle: Antivirus/MDR, scripting tools, and patch management are included as well as software for workstations and servers to provide secure remote access.

Project Engagement: Covers custom projects or for remediation after a penetration test or security assessment uncovers system vulnerabilities.

Microsoft 365 Partner: All licenses and email migration are available.

Backup and Disaster Recovery: Customized on-premises, hybrid, and cloud-based back-up solutions.

Spam, Web and DNS Filtering: Partnership with Cisco Umbrella (DNS) and provider of multiple spam filter solutions tailored for specific email environments.

Cloud Storage: Custom Tech Connect Drive, plus partnership with Dropbox and Microsoft for One Drive support.

About Cerberus Sentinel
Cerberus Sentinel is an industry leader in Managed Cybersecurity and Compliance (MCCP) services with its exclusive MCCP+ managed compliance and cybersecurity services plus culture program. 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.

Spotlight

The IBM Managed Security Services team published a new infographic on mobile security challenges. The increase in "Bring Your Own Device" (BYOD) and consumerization of IT is driving an increase in the number of smartphones and tablets in the enterprise.   The key value of mobile devices is the ability to access applications and "get work done."  Mobile applications can be native, web, hybrid and virtual.  Securing data and applications is a challenge and there are many factors to consider.The infographic has more detail:


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PLATFORM SECURITY

Cynamics Announces Dedicated Managed Security Service Provider (MSSP) Offering

Cynamics | March 07, 2022

Cynamics, leading provider of AI-driven Network Detection and Response solutions, today announced the release of their new offering which is dedicated for Managed Security Service Providers and Managed Service Providers. The Cynamics Managed Service solution delivers a comprehensive dashboard for Cynamics partners to view all aspects of their Cynamics services across all client networks. This new dashboard represents the next step in the continued evolution of the Cynamics solution and offering. Cynamics teams up with best-in-class partners, offering unhindered network visibility and threat prediction to manage their client's environment. Cynamics unique sample-based approach accompanied with patent-pending and academically acknowledged AI technology allows our partners to predict and detect risk in seconds, responding faster and giving customers the security and granularity, they deserve. "We are grateful for our partnership with Cynamics, as it allows us to offer robust and innovative network visibility to our clients, increasing their overall security posture," said Peter Baur, IT Manager of Metro-INET. "With the rise in cyber threats on municipalities, we were looking for a provider to reduce and mitigate risk. Cynamics makes a big difference in how our customers can protect their networks effectively and gives us a comprehensive view across the entire landscape. Cynamics intuitive dashboard, access to cyber analysts 24/7 and unparalleled level of support have been a key differentiator for us as we focus on connecting our customers to solutions that enable them to operate in a more secure and productive way," Said Baur. The new offering, modeled after the Cynamics Network Blueprint dashboard, lets managed service partners add their client accounts and rapidly connect them to Cynamics, view a summary of the recent activities from all of their clients, and drilling down to each threat detection root-cause analysis and to the respective client dashboard for further details. This dashboard can enhance MSSPs cybersecurity service offering to customers by leveraging Cynamics AI-driven technology and sample-based approach to provide 100% network visibility and threat prediction without requiring installation of an appliance or agent in the customer's network, no matter the network's size or environment. "The Cynamics MSSP offering was designed with our growing managed service customer-base in mind. Our goal was to deliver a dashboard that provides complete visibility across all client accounts in a central pane view that gives MSSPs more services to capture a greater opportunity amongst their customers" said Dr. Aviv Yehezkel, Co-Founder and CTO of Cynamics. "With Cynamics, our managed service partners reduce risk because of the lack of appliances and agents, as well as there are no permissions to the client's network, and no collecting or storing any sensitive or private client information at any time, therefore creating no additional attack surface", said Dr. Yehezkel. The Cynamics MSSP dashboard reduces the burden of managing, configuring and optimizing network security for clients with notoriously convoluted networks, differing environments and complex architectures. Cynamics solution uses proprietary AI and ML technology to enrich threat signals, patterns, and suspicious behaviors by detecting and classifying them in a generalized way which is agnostic to a specific network deployment. The solution autonomously and continuously is learning and improving with each additional deployment. The performance, capabilities and broad visibility offered by Cynamics gives MSSPs an edge in keeping their customers safe in the continuously evolving cybersecurity landscape. About Cynamics Cynamics is the only Next Generation (NG) Cloud Network Detection and Response (NDR) solution on the market today using standard sampling protocols built-in to every gateway, patented algorithms, as well as AI and Machine Learning, to provide threat prediction and visibility at speed and scale. Built to protect networks of all sizes and complexity, its highly scalable approach discovers threats missed by competitors and provides clients and partners with an elite defense against cyberattacks, with little-to-no burden on their resources.

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DATA SECURITY

Futurex Named a Leader in Hardware Security Modules by ABI Research

Futurex | February 25, 2022

Futurex receives top scores for cloud HSM service and strong cloud integration, extensive payment HSM platform, richest features, customer flexibility BULVERDE, Texas, February 24, 2022 — ABI Research, global technology intelligence firm, today named Futurex a leader in hardware security modules (HSMs). In its latest Hardware Security Module: OEM competitive assessment report, ABI Research gave Futurex, a leader in enterprise-class data security solutions, high scores for its cryptography-as-a-service options, extensive payment HSM offerings, rich features, hybrid deployment options, and customer flexibility. “The HSM market is changing rapidly. This is propelling highly flexible HSM offerings that can scale easily and adapt quickly to emerging demands,” the report by ABI Research reads. “Futurex showcases an extensive payment HSM platform with strong cloud integration and service availability, enabling it to carve itself a particularly successful niche in the HSM market which it is actively expanding.” “We are honored to be recognized by ABI Research as a leader in the HSM space,” said Ryan Smith, vice president, global business development, at Futurex. “Our four decades of HSM R&D, in-depth knowledge of enterprise security needs, and being the first in industry to offer cryptography-as-a-service, have made us the trusted HSM partner for the world’s largest enterprises.” Putting Innovation and Customers First ABI Research’s report highlights Futurex’s commitment to innovation by recognizing the operational flexibility and application versatility its HSMs have to offer. The report also noted that Futurex is the only company offering the same suite of features with its cloud HSM as with its on-premises hardware. With multiple payment HSM vendors currently going through end-of-life processes with their HSMs, organizations are looking for options including migrating their infrastructures to the cloud without changing any application code. As organizations look for robust security while optimizing costs with OPEX models, many turn to Futurex’s VirtuCrypt Cloud Payment HSM for their cryptographic needs. About Futurex For more than 40 years, Futurex has been a trusted provider of hardened, enterprise-class data security solutions. More than 15,000 organizations worldwide, including financial services providers and corporate enterprises, have used Futurex’s innovative hardware security modules, key management servers, and enterprise-class cloud solutions to address their mission-critical systems, data security, and cryptographic needs. This includes the secure encryption, storage, transmission, and certification of sensitive data. For more information, please visit futurex.com.

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DATA SECURITY

CloudCover Continues to Move Into a New Era of CyberSafety with the Launch of CloudCover’s Cyber Liability

CloudCover | December 27, 2021

The cybersecurity insurance market is in trouble, fueled by a rapid increase in cyber attacks – up 486% from the beginning of 2018 through the end of 2021, according to Aon. As a result, insurers have little choice but to raise rates and scrutinize policy terms and conditions, as there’s no historical data to set policies and premiums like traditional insurance products. CloudCover, the company Reimagining CyberSecurity, is making strides to improve cyber safety by creating the first end-to-end cyber security technology and insurance platform. Today, the company announces the continued rollout of its suite of CloudCover insurance products with the launch of a new insurance offering: CloudCover Cyber Liability (CCCL) and Information Systems Business Interruption (ISBI) insurance. The release of the cybersecurity insurance coverage brings forward an entirely new market category: cybersecurity network and data insurance cover that utilizes the CC/B1 PlatformTM to obtain the data analytic set required to efficiently underwrite and set accurate premiums. CloudCover’s $1 Million Ransomware Warranty was launched in September 2021. Through its CCCL insurance, CloudCover will issue a $1 million cover per occurrence and a $10 million aggregate policy. This insurance option covers: First-party response costs, including any costs associated with the investigation and remediation of cybersecurity breaches, as well as payment for costs associated with notifying affected parties of the breach, Third-party liability and regulatory costs, including any costs associated with the defense of lawsuits, regulatory fines, and penalties in addition to the costs associated with any judgements rendered from those activities, and Cover for any ransom demanded by cyber criminals who have locked the insured company’s network or computer systems. Similar to the CCCL coverage, CloudCover will also issue $1 million coverage per occurrence and a $10 million aggregate policy for its ISBI coverage. The insurance policy provides payment for lost revenue in the event that a Distributed Denial of Service (DDoS) attack disrupts or compromises the insured party’s network. Both insurance covers are powered by CloudCover’s CC/B1 Platform, an advanced Intelligent Threat ManagementTM security solution. The CC/B1 relies on a patented AI/ML (automated intelligence/machine learning), X-NDR (extended network detection and response), SOAR (security, orchestration, automation and response) technology that empowers risk awareness, risk control, and risk transfer in near real time. The platform operates as a Firewall EverywhereTM, collecting data from all corners of an organization’s network, streamlining and utilizing machine learning to detect, analyze, and stop suspicious activity – all while using the collected network patterns with risk scoring and building actuarial models for incremental cybersecurity network insurance. “This marriage of cybersecurity technology and cyber insurance represents the creation of a new market,No other security vendor is able to provide cybersecurity risk scoring, risk event mitigation and mediation, accurate identification and threat stopping, and cyber risk insurance underwriting and auto-adjudication for claims in one platform. Using cybersecurity technology to learn about a company’s network and utilizing that data to create more accurate premiums and better coverage gives our industry the opportunity to better control cybersecurity insurance losses in the future, as we’ll be able to detect threats and issue micro-policies in a fraction of a second.” Stephen Cardot, founder and CEO of CloudCover In the months ahead, CloudCover plans to debut the final product in its initial CyberSafety Insurance Coverage portfolio: Cybersecurity Network Data Insurance, which will be the first insurance policy to insure data in motion with both first- and third-party liability coverage. This insurance, which will launch in February 2022, makes it possible for organizations to insure and thereby value their intangible assets, i.e., data, just as they would other company assets – something that’s been long seen as impossible in the FASB/GAAP industry. In order to purchase CloudCover’s insurance offerings, a company will need to have the CC/B1 Platform installed on its network in addition to completing CloudCover’s CyberSafety Registry. About CloudCover CloudCover is an AI-driven, virtual machine-learning cybersecurity platform. CloudCover has reimagined cybersecurity as a risk-predictive CyberSafety Platform – delivering real-time extended network detection and response through a patented, math-based security orchestration automated response risk aware/control solution. The CloudCover SOAR capability accumulates data between an organization’s diverse security technologies and environments and streamlines them into holistic actions on potential risks. The CC/B1 Platform provides an ever-evolving, protective security layer to your existing cybersecurity tech stack – meaning network threats are detected in near zero-second speed with near zero-threat accuracy. With CloudCover, the elusive “single pane of orchestration” capability of an organization’s network security isn’t a myth – it’s reality.

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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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Spotlight

The IBM Managed Security Services team published a new infographic on mobile security challenges. The increase in "Bring Your Own Device" (BYOD) and consumerization of IT is driving an increase in the number of smartphones and tablets in the enterprise.   The key value of mobile devices is the ability to access applications and "get work done."  Mobile applications can be native, web, hybrid and virtual.  Securing data and applications is a challenge and there are many factors to consider.The infographic has more detail:

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