DATA SECURITY,ENTERPRISE SECURITY,PLATFORM SECURITY
Laminar | November 30, 2022
Laminar, a leader in public cloud data security, today announced it is supporting the launch of Amazon Security Lake from Amazon Web Services (AWS). Amazon Security Lake automatically centralizes an organization’s security data from cloud, on-premises, and custom sources into a customer owned purpose-built data lake. With support for the Open Cybersecurity Schema Framework (OCSF) standard, Amazon Security Lake reduces the complexity and costs for customers to make their security solutions data accessible to address a variety of security use cases such as threat detection, investigation, and incident response.
“All cybersecurity in the end is about protecting data and all cybersecurity is more effective and efficient with data-context. “Laminar is proud to be a launch partner for Amazon Security Lake, adding data-context to security events for better risk models, effective investigations and efficient remediation.”
Amit Shaked, co-founder and CEO, Laminar
Amazon Security Lake helps organizations aggregate, manage, and derive value from log and event data on the cloud and on-premises to give security teams greater visibility across their organizations. With Amazon Security Lake, customers can use the security and analytics solutions of their choice to simply query that data in place or ingest the OCSF-compliant data to address further use cases. Amazon Security Lake helps customers optimize security log data retention by optimizing the partitioning of data to improve performance and reduce costs. Now, analysts and engineers can easily build and use a centralized security data lake to improve the protection of workloads, applications, and data.
Laminar is a Data Security Posture Management (DSPM) leader that delivers autonomous, agentless, and continuous data security for everything that you build and run on the cloud. Laminar provides autonomous discovery and classification for all data across AWS and hybrid cloud environments into a cloud data catalog, prioritization of data assets by our proprietary risk model, and an agentless and asynchronous approach to DSPM to reduce the exposure surface without impacting performance.
“Data is every enterprise’s most valuable asset, which makes protecting it a critical capability for all cybersecurity solutions,” said Rod Wallace, General Manager for Amazon Security Lake. “Amazon Security Lake enables security teams to optimize security log data collection and retention by optimizing the partitioning of data to improve performance and reduce costs. With the Laminar integration, analysts and engineers can store their data in the OCSF format for further analytics to improve the protection of workloads, applications, and data.”
Laminar’s Cloud Data Security Platform protects data for everything you build and run in the cloud across cloud providers and cloud data warehouses. The platform autonomously and continuously discovers and classifies new datastores for complete visibility, prioritizes risk based on sensitivity and data risk posture, secures data by remediating weak controls and actively monitors for egress and access anomalies. Designed for the multi cloud, the architecture takes an API-only approach, without any agents, and without sensitive data ever leaving your environment. Founded in 2020 by a brilliant team of award winning Israeli red team experts, Laminar is proudly backed by Insight Partners, Tiger Global, Salesforce Ventures, TLV Partners, and SentinelOne.
DATA SECURITY,PLATFORM SECURITY,SOFTWARE SECURITY
Abnormal | November 16, 2022
Abnormal Security, the leading behavioral AI-based security platform, announced today its newest addition to the product portfolio as the company progresses toward delivering the most comprehensive cloud email security in the market. The latest innovation protects customers from emerging email platform attacks that are increasing in volume and severity as attackers find new ways to target organizations.
The open, interconnected nature of cloud email platforms creates new entry points for attackers to exploit and manipulate—increasing the need for security tools that protect organizations from attacks beyond those that are delivered through inbound email. While advanced inbound email attacks like business email compromise and credential phishing remain the primary cloud email attack vector, accounting for $43 billion in exposed losses since 2016, this addition to the Abnormal product portfolio expands the capabilities of cloud email security to protect against side-channel attacks that directly target the entire email platform. In recent headlines, cybercriminals have exploited unguarded entry and exit points to carry out sophisticated platform attacks, including:
Compromising user and administrator accounts by bypassing MFA policies
Exploiting global administrator privileges by setting up tenant-wide email forwarding rules that send company emails to attacker inboxes
Tricking employees into installing malicious OAuth applications through consent phishing email links disguised as file-sharing links
These examples showcase the need for security tools that can detect changes to the cloud email environment and provide full visibility into the current posture. But because security teams often share responsibility for these platforms alongside IT and messaging teams, it is operationally difficult and manual to understand the full scope of potential configurations across thousands of users, third-party applications and email tenants, and manage them accordingly.
“As we’ve spoken to our customers, we’ve heard increasing concerns about this next generation of attacks. Since they have implemented Abnormal to secure the inbound channel against advanced attacks such as BEC, attackers are looking for new ways to access their inboxes and email platforms. “Implementing a solution that can alert security teams to new integrated applications, over-permissioned users, and other potentially risky events will be extremely helpful to security leaders, and Abnormal is excited to evolve our inbound email security platform to provide this capability and better protect our customers from the full spectrum of attacks.”
Mike Britton, chief information security officer at Abnormal Security
The new Security Posture Management product from Abnormal gives security teams immediate visibility to each of the potential entry and exit points to the cloud email platform. Increased visibility begins with three new Knowledge Bases, in addition to the existing VendorBase, which present comprehensive databases of employees, third-party applications, and email tenants. Each of the three new Knowledge Bases provides the foundational visibility security teams need to understand potentially exposed surface areas in Microsoft 365 and conduct security investigations.
AppBase: Provides a running inventory of all of the third-party applications that have access to data within Microsoft 365. It provides a summary of important information about application permissions and data access, as well as an activity timeline of recent events.
PeopleBase: Provides a directory of each active user in the environment. It uses contextual, behavioral data to build a dynamic user genome. PeopleBase also provides an activity timeline of recent events, including sign-on patterns, suspicious email activity, and more.
TenantBase: Provides a catalog of each of the email tenants Abnormal Security protects and relevant permissions governing access to them.
Taking the information derived from these Knowledge Bases, the new Security Posture Management product then monitors each entity for potentially risky configuration changes. Key changes may include the escalation of administrator privileges or the integration of new unverified applications with read-write access to mailboxes. When changes occur, Security Posture Management alerts administrators so they can understand the impact and take appropriate downstream action to protect their cloud email platform from insider threats or attacker infiltration.
While the monitoring and alerting capabilities of Security Posture Management are available as an add-on purchase to Inbound Email Security, Abnormal is providing the foundational visibility of its new Knowledge Bases at no cost to all customers with Microsoft 365.
New Product Continues to Drive Abnormal Growth in the Email Security Market
The posture management offering underscores Abnormal’s commitment to providing its customers with the most effective email security platform on the market. In recent weeks, Abnormal was named to the CNBC Top 25 Startups for the Enterprise list of companies that are best suited to meet the needs of large enterprises, as well as the Madrona Intelligent Applications 40 list for the platform’s superior capabilities in using machine learning to extract useful information from real-time and historical data.
These awards highlight the continued success of the company as Abnormal continues to experience more than 2x growth per year, with notable customers including Xerox, Urban Outfitters, Royal Caribbean International, and Groupon. The company maintains a 4.8-star review on Gartner Peer Insights, with 100% recommendation from participating companies. This continued growth is driven by the recent Series C funding round in which Abnormal raised $210 million with backing from Insight Partners, Greylock Partners, and Menlo Ventures.
Security Posture Management is the second major product launch in the past six months, with Abnormal releasing the Email Productivity module in August 2022. The Email Productivity add-on uses behavioral AI to filter time-wasting promotional emails away from employee and executive inboxes, automatically personalizing protection to each user based on behavior cues like folder moves. By shielding employees and executives from the growing barrage of promotional emails, including vendor cold calls, newsletters, and marketing promotions, Email Productivity saves enterprises multiple hours per employee per month. Both new products are part of the Abnormal Cloud Email Security platform, which stops the full spectrum of email-borne attacks.
Abnormal Security provides the leading behavioral AI-based security platform that leverages machine learning to stop sophisticated inbound email attacks and dangerous email platform attacks that evade traditional solutions. The anomaly detection engine leverages identity and context to analyze the risk of every cloud email event, preventing inbound email attacks, detecting compromised accounts, and remediating emails in milliseconds—all while providing visibility into configuration drifts across your environment. You can deploy Abnormal in minutes with an API integration for Microsoft 365 or Google Workspace and experience the full value of the platform instantly.
DATA SECURITY,PLATFORM SECURITY,SOFTWARE SECURITY
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.
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.
DATA SECURITY,PLATFORM SECURITY,SOFTWARE SECURITY
Safe Security | December 19, 2022
Safe Security Inc., global leader in cyber risk quantification and management (CRQM), today launched SafeInside Insurance, the first cybersecurity Managing General Agent (MGA) leveraging API-based cyber risk telemetry and quantified insights to underwrite cyber insurance.
Backed by an AM Best “A-rated” carrier and panel of prominent, global reinsurance partners, SafeInside is introducing dynamic insurance policies for companies hosted in one or a combination of the leading public cloud service providers and leading SaaS solutions. For example, Amazon Web Services, Microsoft Azure and Microsoft Office 365, Google Cloud Platform and Google Workspace, Salesforce, and Zoom.
“Safe Security is thrilled to become the world’s first MGA for cyber insurance using actual cyber telemetry for underwriting. Our vision is to establish a new, de-facto industry standard for how cyber insurance is underwritten, and to provide more transparency between the investment in cybersecurity and cyber insurance. “We are paving the way for a sustainable, profitable cyber insurance ecosystem based on trust and certainty for all stakeholders. Safe Security looks forward to helping insurance buyers get the right cyber insurance policy at the right price for their organization’s specific requirements, as well as assisting brokers and underwriters make more informed decisions and dynamically adjust their portfolios.”
Saket Modi, co-founder and CEO, Safe Security
The underwriting process through SafeInside takes less than 20 minutes to assess an organization. All insureds also receive access to the SAFE CRQM platform, winner of the 2022 CISO Choice Award for Risk Management, which simultaneously accumulates signals using APIs from existing cybersecurity products, external threat intelligence, and business context to provide unprecedented visibility into possible areas of cyber exposure, and the exact financial risk associated with those cyber exposures.
With an objective of improving underwriting standards across the industry, Safe Security will also provide access to its cyber risk quantification platform to other carriers and reinsurers. Safe Security recently announced a partnership with Mosaic Insurance to offer real-time cyber risk evaluation.
“Safe Security’s inside-out approach is differentiated from existing market offerings by focusing on the most common techniques used by attackers and examining how attackers think and behave, not how internal IT teams think they behave,” added Steven Schwartz, VP of Insurance Strategy and Underwriting, Safe Security. “This approach removes subjectivity, allowing companies to answer questions about their security controls with precision instead of guess work, at all times. We are working with the entire insurance ecosystem to improve the standards of cyber underwriting.”
About Safe Security
Safe Security Inc. is a leader in cyber risk quantification and management (CRQM), with a mission to build a safer digital future. Safe Security’s CRQM platform – SAFE – enables organizations to manage cyber risks in real-time. Its platform automatically collects signals from inside and outside a company’s environment to give the company-specific cyber risk rating, or SAFE Score, the financial impact of a potential breach, and an action plan. This enables organizations to have a common language across teams - from the board all the way down to an analyst - to align with a consistent risk metric. Other benefits include justifying investments in cybersecurity and purchase of cyber insurance for the organization.