PLATFORM SECURITY
Veracode | March 30, 2022
Veracode, a leading global provider of application security testing solutions, has released new findings that show the public sector has the highest proportion of security flaws in its applications and maintains some of the lowest and slowest fix rates compared to other industry sectors. Analysis of data collected from 20 million scans across half a million applications revealed these sector-specific findings as part of Veracode’s annual report on the State of Software Security (SOSS).
"Public sector policy makers and leaders recognize that dated technology and vast troves of sensitive data make government applications a prime target for malicious actors. That’s why the White House and Congress are working together to update regulations governing cybersecurity compliance. In the wake of May 2021's Executive Order to improve the nation's cybersecurity and protect federal government networks, the U.S. Office of Management and Budget, Department of Defense and the White House have issued four memos addressing the need to adopt zero trust cybersecurity principles and strengthen the security of the software supply chain. Our research confirms this need.”
Chris Eng, Chief Research Officer at Veracode
No Time to Waste: Fix More Flaws Faster
Veracode’s research found that compared to other industries, the public sector has the highest proportion of applications with security flaws, at 82 percent. When it comes to how quickly organizations fix flaws once detected, the public sector posts the slowest times on average—roughly two times slower than other sectors. The research also revealed that 60 percent of flaws in third-party libraries in the public sector remain unfixed after two years, which is double that of other sectors and lags the cross-industry average by more than 15 months. Finally, with only a 22 percent fix rate overall, the public sector is challenged to keep software supply chain attacks from impacting critical state, local, and educational applications.
Eng continued, “Organizations in this sector must act with urgency. They can improve their secure DevOps practices significantly by using multiple types of scanning—static, dynamic, and software composition analysis—to get a more complete picture of an application’s security, which in turn will help them to improve remediation times, comply with industry regulations, and make the case for increasing application security budgets.”
High Severity Flaws Are Priority One
Demonstrating a positive trend, the public sector ranks highly when it comes to addressing high severity flaws. The research reveals that government entities have made great strides to address high severity flaws, which appear in only 16 percent of applications. In fact, the number of high severity flaws has decreased by 30 percent in the last year alone, suggesting that developers in the sector increasingly recognize the importance of prioritizing flaws that present the greatest risks. This is encouraging and may reflect growing understanding of new software security guidelines, such as those outlined in the U.S. Executive Order on Cybersecurity and the U.K. Government Cyber Security Strategy 2022 – 2030.
Eng closed, "Recognizing that time is of the essence, public sector leaders are beginning to set timelines. For example, in “Moving the US Government Toward Zero Trust Cybersecurity Principles”, Shalanda Young has set a deadline of September 30, 2024 for all US federal agencies to meet specific cybersecurity standards. We think that the progress made against high security flaws is a great starting point and support all public sector agencies who seek to gain better control over their software supply chains."
About the State of Software Security Report
The twelfth volume of Veracode’s annual report on the State of Software Security (SOSS) examines historical trends shaping the software landscape and how security practices are evolving along with those trends. This year’s findings are based on the full historical data available from Veracode services and customers and represent a cross-section of large and mid-sized companies, commercial software suppliers, and open-source projects. The report contains findings about applications that were subjected to static analysis, dynamic analysis, software composition analysis, and/or manual penetration testing through Veracode’s cloud-based platform.
About Veracode
Veracode is a leading AppSec partner for creating secure software, reducing the risk of security breach, and increasing security and development teams’ productivity. As a result, companies using Veracode can move their business, and the world, forward. With its combination of process automation, integrations, speed, and responsiveness, Veracode helps companies get accurate and reliable results to focus their efforts on fixing, not just finding, potential vulnerabilities.
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DATA SECURITY
Dataprise | January 18, 2022
Dataprise, a leading strategic IT managed service provider, today announced the acquisition of Global Data Vault, a leader in Disaster-Recovery-as-a-Service (DRaaS), Backup-as-a-Service (BaaS) and modern data protection solutions. The addition of Global Data Vault creates one of the industry's broadest portfolios of integrated data protection and cybersecurity offerings to solve client's toughest business resilience, risk mitigation and compliance challenges.
"Clients turn to Dataprise to be their one strategic IT partner, which requires we bring the broadest portfolio of services powered by the best technology and deepest expertise. Today, the mandate for a holistic cybersecurity and data protection strategy is a top priority for our clients, Global Data Vault is a powerful addition as they bring industry leading cloud-based data protection solutions that bolster our premier cybersecurity portfolio, top-notch employees, a strong Veeam partnership, and relentless focus on client success."
Steve Lewis, CEO of Dataprise
Founded in 2004, Global Data Vault is a recognized leader in the BaaS and DRaaS industry and holds the distinction of being a Platinum Veeam Cloud & Service Provider. Global Data Vault's mission is to protect organizations' critical data with modern data protection strategies to ensure business continuity and eliminate downtime. Headquartered in Dallas, TX, Global Data Vault protects hundreds of clients across the United States, Canada, and the United Kingdom.
"Our clients are facing new challenges driven by dramatic changes in the cybersecurity threat landscape and evolution of IT strategies including cloud adoption," said Anthony Galley, Chairman of Global Data Vault. "Dataprise has an enviable portfolio of cybersecurity, managed IT services, and cloud services that enhance the value of our modern data protection and DRaaS offerings. Together with Dataprise we are perfectly positioned to provide our clients even greater value."
"We're excited for the opportunity that joining Dataprise presents for our clients, employees and partners. We now have a much broader set of services, capabilities and resources all aimed at protecting client data and ensuring business continuity," said Will Baccich, CEO of Global Data Vault.
This marks Dataprise's second acquisition as the company executes on its strategy to build the broadest managed services portfolio and give clients one strategic IT partner to solve it all. The recent acquisition of Wireless Watchdogs added a comprehensive Mobility Managed Services (MMS) and Mobile Device Management (MDM) portfolio aimed at solving mobile device, Internet of Things (IoT) and endpoint management challenges.
About Dataprise
Founded in 1995, Dataprise believes that technology should enable our clients to be the absolute best at what they do. This commitment to client success is why Dataprise is recognized as the premier strategic managed service and security partner to strategic CIOs and IT leaders across the United States. Dataprise delivers best-in-class managed cybersecurity, disaster recovery as a service (DRaaS), managed infrastructure and managed end-user services that transform business, enhance user experiences, and eliminate risks.
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SOFTWARE SECURITY
ReliaQuest | February 18, 2022
ReliaQuest, the leader in Open XDR-as-a-Service, today announced the expansion of its GreyMatter platform with support for MITRE ATT&CK v10 and Risk Scenarios that visually maps and measures a security program’s detection coverage in terms of threats and cyber risks. This new feature enables security leaders to close the communications gap with business leaders while demonstrating how well their security program mitigates cyber risks of most concern to the enterprise.
Many leaders are challenged with measuring the progress of their security program and the impact of their security investments. According to a recent Ponemon Institute Research report, 64% of security leaders say a lack of standardized security metrics to measure progress is the primary obstacle to implementing an IT security risk management program. What’s more, 58% say that the lack of a well-defined security and risk management program is what makes their organization most vulnerable to cyberattacks.
With the ability to map coverage against Risk Scenarios, GreyMatter enables security leaders to have a real-time view into how they are performing against individual threats or cyber risks they are most concerned about. They can pinpoint any gaps in coverage and make informed decisions on how best to proceed with investments and actions to close these gaps. Breakdowns by cyber risk categories and subcategories within them help security leaders focus on areas of concern at a granular level.
“Too often, leaders rely on technical metrics that lack a holistic view of how security tools are operating together, leaving them at a loss when it comes to communicating cyber risks to the business, What’s more, translating the effectiveness of security tools in a language that leadership understands poses even more of a challenge. Now, with Risk Scenarios, security leaders have a more comprehensive view into how much coverage they have across cyber risk areas that concern them the most. This will help them make informed decisions on how best to approach these issues and communicate them effectively to leadership.”
Brian Foster, Chief Product Officer at ReliaQuest
Additionally, ReliaQuest announced an upgrade of its support for the latest MITRE ATT&CK framework version 10. By upgrading to support v10 of the framework, GreyMatter users are better able to visualize and measure detection coverage aligned to the latest techniques. In line with keeping with improving efficiencies for security operators, GreyMatter delivers enhancements to reduce tool hopping by automating collection of various contextual information, aiding in faster investigations and further streamlining the security operations workflow.
About ReliaQuest
ReliaQuest, the leader in Open XDR-as-a-Service, is the force multiplier for security operations teams. ReliaQuest GreyMatter is a cloud-native Open XDR platform that brings together telemetry from any security and business solution, whether on-premises, or in one or multiple clouds, to unify detection, investigation, response and resilience. ReliaQuest combines the power of technology and 24/7/365 security expertise to give organizations the visibility and coverage they require to make cybersecurity programs more effective.
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PLATFORM SECURITY
Swimlane | April 19, 2022
Swimlane, the leader in low-code security automation, today announced the general availability of Swimlane Cloud in the Asia-Pacific Japan (APJ) region. This deployment is further evidence of Swimlane’s continued commitment to empowering APJ customers to enable new use cases previously not possible with traditional security orchestration, automation and response (SOAR). This includes unlocking the use of automation beyond the SOC, where Swimlane serves as the system-of-record for the entire security organization.
Meeting the APJ Staffing Shortage Head-On with Swimlane Cloud
The APJ region faces a significant cybersecurity talent shortage with an estimated 2.045 million open cybersecurity roles, accounting for 66% of the total global shortage, signaling the struggle to find qualified, skilled professionals to handle increasing security alerts. Without automation, these overburdened security administrators must manually perform repetitive and time-consuming tasks needed to track, mitigate and resolve security events across multiple security platforms. Despite significant time investments, security teams cannot realistically analyze and adequately prioritize security alerts and events at the rate necessary to protect networks.
“In order to mature our security operations, we knew it was necessary to advance how we monitor and respond to threat intelligence by taking a more proactive approach to security operations,” said Tanajak Watanakij, CISO, R V Connex. “With our existing talent pool, we turned to Swimlane’s low-code security automation offering to create a centralized system of record for our Security Operations Center (SOC) and remove dependencies on a host of manual processes. Swimlane’s interactive dashboards and automated, easily customizable workflows reduced our mean time to respond and ultimately helped us ensure continuous compliance and prevent breaches across the entire R V Connex Corporation and our MSSP customers.”
“Security teams across APJ need solutions that reduce the manual operations needed to respond to security threats and speed up incident response. We are a customer-focused company with a powerful platform for helping companies ease the burden security teams face daily. Swimlane is fully dedicated to supporting the region’s ongoing cybersecurity challenges through the adoption of low-code security automation.”
Johan Wikenstedt, Vice President of Asia Pacific and Japan (APJ) for Swimlane
Demand for Low-Code Automation Continues to Climb
Swimlane’s current product initiatives in APJ continue to drive regional market traction highlighted by:
173% revenue growth of regional presence in the past four months, with more than 7x revenue growth in the past 6 months.
142% growth of regional employee headcount in the past six months.
New sales offices established in Australia, Malaysia and South Korea.
Net-new customer adoption in Australia, Bangladesh, India, Japan, Malaysia, Philippines, Singapore, Thailand, and New Zealand.
Vertical expansion of customer adoption across banking, technology, financial services, government, MSSP, and manufacturing industries.
8 new go-to-market partners established in the region.
Lumen Technologies turned to Swimlane after experiencing a rapid period of growth that challenged the company’s security team to capacity. Swimlane’s low-code security automation platform allowed the organization to maintain the integrity of its security operations and quickly adapt to business growth across its SecOps infrastructure. Within the first quarter of implementing the solution, Lumen achieved a 30% automation level. Today, 70% of security events hitting the Security Operations Center (SOC) can be fully automated without human intervention.
“Swimlane was a partner from the start, helping us ensure the solution was easy to manage and operate and providing technical support whenever we needed,” said Wai Kit Cheah, Director of the Security Practice at Lumen Technologies. “With Swimlane’s robust automation engine, events can be processed from any source, enabling our security team to integrate security automation with user and entity behavior analytics (UEBA) and third-party threat intelligence feeds. This allowed us to achieve a holistic look at our ecosystem and has quickly made Swimlane’s platform an essential component of our SOC.”
Swimlane Medley Partner Program Expands to Malaysia
Swimlane has invested significantly in Malaysia due to the region’s robust national cybersecurity strategy and world-class talent. As part of its growth in the region, Swimlane recently announced a partnership with CyberSecurity Malaysia, the national cyber security specialist agency under the purview of the Ministry of Communications and Multimedia Malaysia (KKMM), to assist the organization on its mission to build a more resilient cyber ecosystem throughout Malaysia.
“Our strategic partnership with Swimlane comes at an exciting time for CyberSecurity Malaysia as we seek to elevate a strategic cybersecurity vision for the region,” said Dato’ Ts. Dr. Haji Amirudin Abdul Wahab, CEO of CyberSecurity Malaysia. “Together, Swimlane and Cybersecurity Malaysia will leverage our combined experience, capabilities, and products to deliver innovative cybersecurity solutions across Malaysia and ensure companies in the region have access to the world’s most-capable low-code automation technology to safeguard their networks and data.”
Join Swimlane at the SecOps Automation Summit 2022
Swimlane will hold the SecOps Automation Summit 2022 in South Korea, Malaysia and Australia in late April and early May. Presenters include Co-Founder and Chief Strategy Officer Cody Cornell and other members of the Swimlane team, along with various current partners and customers, to explore new and future innovations in the dynamic field of security automation.
To learn more about the summit and Swimlane’s expansion in the APJ region, visit https://swimlane.com/swimlane-helps-address-asia-pacifics-security-skills-shortage.
About Swimlane
Swimlane is the leader in cloud-scale, low-code security automation. Supporting use cases beyond SOAR, Swimlane improves the ease with which security teams can overcome process and data fatigue, as well as chronic staffing shortages. Swimlane unlocks the potential of automation beyond the SOC by delivering a low-code platform that serves as the system-of-record for the entire security organization and enables anyone within the organization to contribute their knowledge and expertise to the protection of the organization.
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