Data Security

Cyber Security Penetration Testing Leader NetSPI Secures $90 Million in Growth Funding Led by KKR

NetSPI, the pioneer in big business infiltration testing and assault surface administration, today reported it has brought $90 million up in development subsidizing drove by KKR, with investment from Ten Eleven Ventures. The venture will be utilized to additionally speed up NetSPI's fast development by extending the organization's digital protection and customer experience groups, putting resources into item advancement, and extending tasks across U.S. what's more, worldwide business sectors.

Since its establishing, NetSPI has centered its administrations to assist organizations with protecting themselves from cyberattacks through a powerful and imaginative innovation stage, permitting NetSPI's group of specialists to completely recognize security weaknesses. When digital protection spending is relied upon to surpass $200 billion every year by 2024, as per a new Bloomberg Intelligence (BI) report, more organizations are getting ready to fight off refined digital assaults and stay away from reputational and business hazards.

KKR is putting resources into NetSPI through its Next Generation Technology Growth Fund II. KKR and Ten Eleven Ventures have put resources into market-driving network safety organizations including Darktrace, KnowBe4, Ping Identity, Cylance, ForgeRock, and ReliaQuest.

The venture is the most recent exchange in a time of sped up development for NetSPI. Most as of late, NetSPI procured Silent Break Security and fused its restrictive Adversary Simulation and Red Team Toolkit programming into the organization's hostile network safety and assault surface administration contributions. In 2020, NetSPI dispatched Penetration Testing as a Service (PTaaS) controlled by its Resolve™ stage. Forthcoming augmentations of hazard scoring, weakness insight, break and assault recreation, and more will keep on separating NetSPI's innovation contributions.

Goodwin Procter LLP exhorted NetSPI on the exchange and Latham and Watkins LLP prompted KKR and Ten Eleven Ventures.

About NetSPI

NetSPI is the pioneer in big business security testing and assault surface administration, banding together with nine of the main 10 U.S. banks, three of the world's five biggest medical services organizations, the biggest worldwide cloud suppliers, and large numbers of the Fortune® 500. NetSPI specialists perform profound plunge manual entrance testing of use, organization, and cloud assault surfaces, generally testing more than 1 million resources for discover 4 million one of a kind weaknesses. NetSPI offers Penetration Testing as a Service (PTaaS) through its Resolve™ stage and enemy recreation through its Red Team Tool Kit. NetSPI is settled in Minneapolis, MN and is a portfolio organization of private value firms Sunstone Partners, KKR, and Ten Eleven Ventures.

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Enterprise Security

Skybox Security Launches New Continuous Exposure Management Platform

Skybox Security | September 14, 2023

Skybox Security, a leading Exposure Management solutions provider, has unveiled the next generation of its prestigious Continuous Exposure Management Platform. This 13.0 release introduces significant enhancements to its solution for Attack Surface and Vulnerability Management, which revolutionizes the manner businesses manage and mitigate cyber exposure risk. Attack Surface Management Delivers Complete Visibility Skybox's Surface Management solution provides an extensive inventory and map of users' assets and applications. It evaluates and simulates attack paths. The result is a dynamic security model for the hybrid attack surface. Version 13.0 introduces significant new features, including: New Attack Surface Map Enhanced Attack Path Analysis LDAP Integration Cloud Infrastructure Integration Vulnerability Management Deepens Exposure Insights Skybox's Vulnerability Management solution combines more than 25 third-party threat intelligence feeds with its own Skybox Threat Intelligence feed in order to prioritize threats based on exposure risk and remediate vulnerabilities with prescriptive guidance. With Version 13.0, businesses are able to: Import Vulnerability Data New Business-Focused' Solutions View' Celebrity Vulnerabilities SOAR Integration Mordecai Rosen, CEO of Skybox Security, said, In today's complex threat landscape, organizations need to continuously manage their threat exposure based on the prioritized risks to their business. [Source – Business Wire] Rosen stated that the Skybox platform now supports every stage of an enterprise's continuous exposure management (CEM) program, from mapping the attack surface through contextualization and risk-based prioritization to final remediation. It was also mentioned that the latest enhancements enable organizations to further improve their security posture and substantially reduce the risk of a successful attack. About Skybox Skybox is trusted by over 500 of the world's largest and most security-conscious enterprises for providing insights and assurance to stay ahead of dynamically changing attack surfaces. Its Exposure Management Platform provides complete analytics, visibility, and automation to quickly prioritize, map, and remediate vulnerabilities across organizations. The vendor-agnostic solution optimizes security policies, actions, and change processes across all cloud environments and corporate networks. With Skybox, security teams can emphasize the most strategic business initiatives while ensuring enterprises remain protected.

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Software Security

Keeper Security Protects Against Supply Chain Attacks with New Open Source Project

PR Newswire | October 20, 2023

Keeper Security, the leading provider of zero-trust and zero-knowledge cybersecurity software protecting passwords, passkeys, privileged access, secrets and remote connections, today announces a new open source project for software developers and DevOps to easily and securely sign git commits with their Keeper vault. Through Keeper Secrets Manager (KSM), users can now use Secure Shell (SSH) keys stored in their Keeper Vault to digitally sign commits to confirm the authenticity of their code. Git is a version control system that tracks changes in your software projects, and a git commit is a snapshot of these changes at a specific point in time, accompanied by a brief message describing the modifications. Keeper and developers at The Migus Group teamed up to create the open-source solution to sign git commits using the SSH keys stored in a user's Keeper Vault. The integration provides developers with a secure and encrypted repository for their SSH keys and removes the practice of storing them on disk, both increasing security and streamlining DevOps workflows. The rise in software supply chain attacks highlights the need for organizations to prioritize security around the software supply chain. Signing git commits is a recommended best practice for developers to confirm the authenticity and integrity of code releases. As developers sign commits with SSH keys, they are provided with cryptographic proof of authorship, which helps secure the supply chain by assuring users the software originates from a legitimate source and remains unaltered since its signing. Digital signatures can also feed into a Software Bill of Materials (SBOM) to indicate whether a line-item in the SBOM is trusted, depending on the code signature status. The ability to store SSH keys and other credentials in Keeper Vault offers a layer of protection and ease-of-use that hasn't been the standard, said Craig Lurey, CTO and Co-founder of Keeper Security. Our integration enables developers to validate the software code with a cryptographic digital signature and transparent logging, making what historically has been a complex process into a simple one. In the future, all code will be signed, and the software supply chain will have one source of truth that will reduce supply chain attacks. "Our customers are asking for help insulating themselves from supply chain attacks, so we were already working to do that, often using Keeper," said Adam Migus, Founder and CEO of The Migus Group. "So, we thought working with them to make the git commit-signing process both safer and easier would be a win-win-win. Our customers can now seamlessly sign commits with keys that never leave their vaults. However, the broader community also gains an example of secure commit signing with benefits of central key management." The SSH keys for signing commits are secured in KSM, a fully managed cloud-based, zero-knowledge platform for securing infrastructure secrets such as API keys, database passwords, SSH keys, certificates and any type of confidential data. KSM eliminates secrets sprawl by removing hard-coded credentials from source code, config files and CI/CD systems. The fully managed, cloud-based and IT friendly solution was named an overall leader on the 2023 KuppingerCole Leadership Compass for Secrets Management. KSM is supported on Windows, MacOS and Linux. It utilizes a zero-knowledge security architecture and is highly secure withISO 27001 and SOC 2 compliance, as well as FedRAMP and StateRAMP Authorization, among numerous other certifications. Keeper's integration helps support a broader government and industry effort to bring increased security and visibility to the open source community. The ease of providing a cryptographic digital signature allows developers to validate that the software in use is exactly what it is claiming to be and enhances security for both developers and end-users alike. About Keeper Security Keeper Security is transforming cybersecurity for organizations around the world with next-generation privileged access management. Keeper's zero-trust and zero-knowledge cybersecurity solutions are FedRAMP and StateRAMP Authorized, FIPS 140-2 validated, as well as SOC 2 and ISO 27001 certified. Keeper deploys in minutes, not months, and seamlessly integrates with any tech stack to prevent breaches, reduce help desk costs and ensure compliance. Trusted by thousands of organizations to protect every user on every device, Keeper is the industry leader for best-in-class password management, secrets management, privileged access, secure remote access and encrypted messaging. Learn more at KeeperSecurity.com.

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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

Malwarebytes Announces Consumer Identity Theft Protection Solution to Defend Against Online Fraud and Theft

PR Newswire | October 27, 2023

Malwarebytes, a global leader in real-time cyber protection, today launched an essential new consumer solution, Identity Theft Protection. The new service helps individuals secure their digital identities and defend against identity and online threats. Malwarebytes Identity Theft Protection includes real-time identity monitoring and alerts, robust credit protection and reporting and live agent-supported identity recovery and resolution services – backed by up to a $2 million identity theft insurance policy. The new service, paired with Malwarebytes' award-winning antivirus and VPN software, helps prevent criminals from stealing or using personal information to drain financial accounts, hack or impersonate social media accounts, damage a user's reputation or other online and identity-based attacks. Today's digital life is complex and sometimes deceptive. According to new research from Malwarebytes, identity theft ranks as people's third biggest concern when it comes to online security, just behind fear of financial accounts and personal data being breached – both of which play into identity theft. Of those surveyed 64% agree that identity theft protection is important, but only 13% have it. Consumers are also increasingly fearful of new technology. Malwarebytes gives consumers protection they can trust, alerting them when we see their information has been stolen and providing live agent support to restore their identity and replace lost items. Even as we spend more and more of our lives online, we all know that the internet today can't be trusted, said Mark Beare, GM of Consumer Business Unit, Malwarebytes. Consumers need a tool that not only blocks threats like malware and phishing, but that also monitors and protects their digital identity, be that social media profiles, bank accounts or email. With Malwarebytes Identity Theft Protection, we provide a robust and exhaustive suite of services so individuals and families can rest easy knowing that we are actively working to keep them safe and protect their digital identity. Malwarebytes Identity Theft Protection is available globally through a variety of tiered offerings that provide protection via computers and mobile devices across multiple operating systems including Windows, macOS, Android and iOS. Key features include: Identity Monitoring & Alerts: Continuously scours a multitude of websites and data sources, including the Dark Web, to alert if personal information is being illegally traded or sold. Recommends actions to take to protect yourself. Credit Monitoring and Protection: Ongoing tracking of credit for critical changes, such as new accounts or inquiries and applications for new lines of credit. A credit freeze also can be activated*. Breach IQ: Provides a safety score and alerts if personal information is part of a known breach*. Identity Recovery & Resolution: Assistance in the event of an identity theft incident, including guided steps to report the crime, dispute fraudulent charges, restore identity and recuperate financial losses incurred. Includes up to a $2 million insurance policy. 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, Malwarebytes' award-winning endpoint protection, privacy and threat prevention solutions along with a world-class team of threat researchers protect millions of individuals and thousands of businesses across the globe daily. Malwarebytes solutions are consistently recognized by independent tests including AVLAB and AV-TEST. The company is headquartered in California with offices in Europe and Asia. For more information and career opportunities, visit https://www.malwarebytes.com.

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