Cyber Security Services Market Driving Factors, Industry Analysis, Investment Feasibility and Trends 2021

Newsgallery Pty Ltd | December 29, 2016

The Cyber Security Services Market report covers the present scenario and the growth prospects of the Cyber Security Services Market for 2017-2021. To calculate the market size, the report considers both the direct revenue and the indirect revenue of the vendors.The report provides a basic overview of the Cyber Security Services Market including definitions, classifications, applications and market Sales chain structure. The Cyber Security Services Market report enlists several important factors, starting from the basics to advanced market intelligence which play a crucial part in strategizing.

Spotlight

The ‘good-guys’ alliance – new era of Collaborative security

Part of the ability of the ‘Bad guys’ to execute an effective kill-chain comes from their collaboration. Adversaries share information, R&D capabilities, methodologies and offensive tactics on an ongoing basis. On the defensive side – people, enterprises and institutions lack the ability to collaborate effectively due to challenges including, but not limited to lack of trust, shared processes and regulatory obstacles. Comilion is pioneering the collaborative security space and Kobi Freedman, Comilion’s CEO – will introduce the company and its technology at the NY Information Security meetup group.


Other News
SOFTWARE SECURITY

ConnectWise Amplifies MSP Cyberattack Defense with Incident Response Service

ConnectWise | April 20, 2022

ConnectWise, the world’s leading software company dedicated to the success of IT solution providers, today announced a new service offering designed to help MSPs and their clients rapidly respond to attacks and recover from security incidents. The ConnectWise Incident Response Service provides direct, around-the-clock access to a team of expert cybersecurity analysts to provide immediate assistance to assess, contain and remediate threats to minimize impact and business disruption. According to the 2022 ConnectWise MSP Threat Report, there was a 10-15% increase in ransomware incidents by quarter in 2021, with 56% of all incidents occurring in the second half of the year. When it comes to cyberattacks, preparation is the best prevention for MSPs that are increasingly becoming targets of threat actors. For MSPs and their clients that often lack resources to properly respond to incidents, the ConnectWise Incident Response Service provides an immediate life-line to skilled cybersecurity experts that accelerate incident resolution and help avoid mistakes that can be costly to business operations. “With a talent shortage, more sophisticated threat actors and more technologies to protect, cybersecurity incidents can quickly overwhelm an MSP and their end client and jeopardize protection of their client’s critical assets. Every second counts in a cyberattack, so having a team of security experts at a moment’s notice is a game-changing force multiplier for an MSP’s successful delivery of cybersecurity services. With this service, MSPs can confidently turn to ConnectWise to gain swift understanding and control of the situation to eradicate threats and prevent costly downtime.” Raffael Marty, General Manager, Cybersecurity, ConnectWise The ConnectWise Incident Response Service also aids in the recovery process with forensic examination of system data, user activity and artifacts of digital evidence to determine the extent of compromise and identify which threat actor might be involved. The ConnectWise Incident Response Service is available today to both ConnectWise partners and non-partners. About ConnectWise ConnectWise is the world's leading software company dedicated to the success of IT solution providers through our unmatched software, services, community. ConnectWise’s innovative, integrated, and security-centric platform – Asio™ - provides unmatched flexibility, automation, and scale that fuels profitable, long-term growth for our Partners. ConnectWise equips TSPs with cybersecurity solutions, unified monitoring and management solutions, and business automation solutions—all while providing industry-leading operational maturity offerings to accelerate business transformation.

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SOFTWARE SECURITY

CyCognito and Carahsoft Partner to Deliver Attack Surface Management and Protection Solutions to the Public Sector

CyCognito | December 29, 2021

CyCognito, the leader in external attack surface management and protection, today announced a strategic go-to-market alliance with Carahsoft Technology Corp., the Trusted Government IT Solutions Provider. Under the agreement, Carahsoft will serve as CyCognito’s first Public Sector Distributor. The new relationship expands and deepens CyCognito’s reach across and within the Public Sector through Carahsoft’s NASA Solutions for Enterprise-Wide Procurement (SEWP) V, Information Technology Enterprise Solutions – Software 2 (ITES-SW2), OMNIA Partners, National Association of State Procurement Officials (NASPO) ValuePoint, and National Cooperative Purchasing Alliance (NCPA), as well as through Carahsoft’s reseller partners. “Together with our channel partners, CyCognito is using its platform, program and best practices to help the Public Sector establish a stronger security posture and proactively identify, protect and prevent cyberattacks from happening,” says Channel Chief and CyCognito’s Worldwide Sales Leader Lori Cornmesser. Most of today’s cyberattacks continue to intrude through external attack vectors. CyCognito’s innovative platform automates the discovery, multi-factor security testing and risk prioritization of all externally-exposed assets in an organization’s extended IT ecosystem. Once cyber threats are identified, CyCognito orchestrates data sharing to automatically start the remediation process by creating an incident response ticket. The platform integrates its findings and intelligence into existing vulnerability lifecycle management processes through channels such as Slack, PagerDuty, ServiceNow, and several additional platforms. This proven and proactive layer of automated security ensures an organization’s entire attack surface is protected quickly and efficiently when risks are detected. “Empowering organizations to find and eliminate the paths attackers easily exploit is a vital tactic within any surface management and protection strategy,Prevention and remediation must remain top of mind for channel partners and IT decision makers, especially those working within the Public Sector where the stakes are high and the impact of a single breach has the potential to span states, the nation and even the globe.” Rob Gurzeev, Founder and CEO, CyCognito CyCognito and Carahsoft are enabling forward-thinking security value-added resellers (VARs), managed service providers (MSPs), global systems integrators (GSIs) and managed security services providers (MSSPs) with a new and enhanced lineup of SLED and Federal-focused sales and marketing assets. Offered at no charge, these business-building assets are readily available within CyCognito’s partner portal and include how to market, how to pitch and position, and how to demo the technology. “Agencies today are under tremendous pressure to protect their customers from cybercrime,” said Michael Shrader, Vice President of Intelligence and Innovative Solutions at Carahsoft. “CyCognito’s leading platform preempts attacks and helps businesses satisfy key elements of most common security frameworks and regulatory compliance standards. We look forward to working with CyCognito and our reseller partners to help educate and better enable the Public Sector with the knowledge, specialization and technology needed to properly assess their cyber risk and eliminate exposure.” About CyCognito CyCognito solves one of the most fundamental business problems in cybersecurity: seeing how attackers view your organization, where they are most likely to break in, what systems and assets are at risk and how you can eliminate the exposure. Founded by national intelligence agency veterans, CyCognito has a deep understanding of how attackers exploit blind spots and a path of least resistance. The Palo Alto-based company is funded by leading Silicon Valley venture capitalists, and its mission is to help organizations protect themselves from even the most sophisticated attackers. It does this with a category-defining, transformative platform that automates offensive cybersecurity operations to provide reconnaissance capabilities superior to those of attackers. About Carahsoft Carahsoft Technology Corp. is The Trusted Government IT Solutions Provider, supporting Public Sector organizations across Federal, State and Local Government agencies and Education and Healthcare markets. As the Master Government Aggregator for our vendor partners, we deliver solutions for Cybersecurity, MultiCloud, DevSecOps, Big Data, Artificial Intelligence, Open Source, Customer Experience and Engagement, and more. Working with resellers, systems integrators and consultants, our sales and marketing teams provide industry leading IT products, services and training through hundreds of contract vehicles.

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SOFTWARE SECURITY

Guidepost Solutions Acquires Significant Equity Interest in Cybersecurity Solutions Firm Truvantis, Inc.

Guidepost Solutions LLC | March 29, 2022

Guidepost Solutions LLC, a global leader in domestic and international investigations, compliance solutions, monitoring, and security and technology consulting, announced that it has acquired a significant equity stake in Truvantis, Inc., a cybersecurity company formed in 2010. Truvantis provides best-in-class cyber and privacy services to secure infrastructure, data, operations, and products. This strategic partnership allows both Guidepost and Truvantis to offer a wide-ranging suite of cybersecurity solutions and consulting services, at a time when cybersecurity risks are evolving and affecting all business operations. Truvantis is led by its founder and CEO, Andy Cottrell. With more than 25 years of experience in IT and cybersecurity, Cottrell has designed and implemented security solutions, launched innovative security products to market, and helped countless small and large companies improve their security posture. “I am pleased to announce this partnership with Truvantis, as part of our firm’s continued efforts to grow its capabilities and footprint in the cybersecurity arena. We are committed to providing our clients with unique solutions to defend against one of the greatest risks facing their companies – cyber threats. This partnership significantly expands our ability to fulfill that commitment.” Julie Myers Wood, Guidepost Solutions CEO This new alliance enables clients to leverage comprehensive threat, risk, vulnerability management, privacy, and assessment services to protect against a full spectrum of cyber and physical security issues and address a variety of regulatory and business-critical requirements. Today’s companies are faced with an increasing number of requests for independent verification of their cybersecurity and privacy policies and practices. Whether it’s an assessment against a security framework like the NIST CSF, ISO 27001, or CIS Controls, addressing compliance with privacy laws and requirements like the PCI DSS, or preparing for a SOC2 or HITRUST audit, companies are seeking help from highly qualified, credentialed consultants who can help address these complex cybersecurity and privacy challenges. The Guidepost/Truvantis team will afford clients a depth of expertise as well as a breadth of services to address a broad range of risk mitigation needs. “Guidepost Solutions is a leader in investigations, compliance, and physical security consulting and we’re excited to bring these capabilities to our clients to provide comprehensive risk management solutions,” said Andy Cottrell, CEO, Truvantis. “As the market continues to evolve toward consolidated physical, personnel, and cybersecurity management, this partnership enables us to provide the most comprehensive solutions in the market.” Through this investment and partnership, Guidepost Solutions and Truvantis are positioned to enhance cyber and physical security defenses for clients and provide resiliency for their critical systems. Specific security services include risk assessments, security testing, cyber investigations, cybersecurity governance, data protection, privacy consulting, operational security design and project management, vCISO, and remediation services. About Guidepost Solutions LLC Guidepost Solutions is a leader in domestic and international investigations, compliance solutions, monitoring, and security and technology consulting. We work wherever your needs take us – whether on the ground around the globe – or from one of our offices located in Bogotá, Boston, Chicago, Dallas, Honolulu, London, Los Angeles, Miami, New York, Palm Beach, Philadelphia, Phoenix, San Francisco, Seattle, Singapore, Walnut Creek, and Washington, DC. About Truvantis Inc. Truvantis® is a cybersecurity consulting organization providing best-in-class privacy and cybersecurity services to secure your organization’s infrastructure, data, operations, and products. We specialize in helping our customers improve their cybersecurity posture by implementing, testing, auditing, and operating information security programs.

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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 ‘good-guys’ alliance – new era of Collaborative security

Part of the ability of the ‘Bad guys’ to execute an effective kill-chain comes from their collaboration. Adversaries share information, R&D capabilities, methodologies and offensive tactics on an ongoing basis. On the defensive side – people, enterprises and institutions lack the ability to collaborate effectively due to challenges including, but not limited to lack of trust, shared processes and regulatory obstacles. Comilion is pioneering the collaborative security space and Kobi Freedman, Comilion’s CEO – will introduce the company and its technology at the NY Information Security meetup group.

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