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Intensifying Cyberattacks Are A Hindrance To Business Innovations

  • Organizations reveal that with the growing intensity of cyberattacks they are losing ground to cybercriminals.

  • 80% CISOs and CTOs suggested that concerns over inevitable security issues are a hindrance to software IT projects.

  • Manpower and budget are two other barriers to creating a well-rounded cyber-security strategy.

Businesses worldwide are increasingly migrating into digital form on globally interconnected technology platforms. But with it comes the threat of cyberattacks. Cyberattacks are becoming a regularity and business big and small are struggling with their capabilities in managing these attacks. Moreover, organizations reveal that with the growing intensity of cyberattacks they are losing ground to cybercriminals.


HackerOne's survey reveals that cybersecurity fears are blocking business innovation. The bug bounty and pen-testing platform interviewed 200 UK CISOs and CTOs, 80% of whom suggested that concerns over inevitable security issues are a hindrance to software IT projects. And 90% agreed that software vulnerabilities were a significant risk to their organization.



Organizations need to find a balance between driving innovation and keeping data safe. It is not surprising that fear around cyber security is hindering this, but by moving beyond traditional cyber security strategies, businesses can start to feel empowered.” - Laurie Mercer, Security Engineer, HackerOne

- Laurie Mercer, Security Engineer, HackerOne.

Laurie added, “When I started writing code, new releases of software would take 6 months to develop and test. Today new software is released every hour. This new pace of innovation poses a problem for security teams but, by implementing a strategy that supports continuous security, businesses can ensure they are on alert for any vulnerabilities that software might have. The key is to ensure security is constantly evolving.”


 

READ MORE: X-force threat intelligence index exposes how cybercrime is evolving


The survey laid bare the manpower and budget concerns for security professionals with 63% saying that the security team resources are not enough to keep up with the pace of development. Over a third of respondents polled lack of budget and skills sets a major barrier to creating a well-rounded cyber-security strategy.


The survey highlighted that 62% of security professionals would rather accept the risk of software vulnerabilities than invite unknown hackers to find them, despite the concerns around vulnerabilities and limited resources. 63% would accept bug submission only from vetted attackers.


A HackerOne customer, CISO of an international health and beauty retailer believes that traditional cybersecurity methods alone are not sufficient and explains that CISOs often find themselves in a tricky position with a need to adopt innovation while also remaining responsible for cybersecurity.


The security landscape is ever evolving and therefore we need to approach defensive strategies in the same way. By working with ethical hackers, it gives organizations the freedom to work on new projects, spin up new applications and try different ways of working, while at the same time there is peace of mind that continuous and on-going testing is taking place. With ethical hacking, these vulnerabilities can be fixed immediately..

- HackerOne Customer

The research that was conducted by Opinion Matters revealed answers to many questions including what are the biggest risks to the business, which areas are hindering growth, and what technology are CISOs likely to implement in eliminating these challenges.

If this trend is to continue, the larger negative economic implication would be a backlash against digitization, due to a lack of robustness in cybersecurity methods against increasing cyberattacks.


READ MORE: X-force threat intelligence index exposes how cybercrime is evolving

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SCYTHE, a leading provider of cybersecurity solutions, announces the release of SCYTHE 4.1, the latest evolution in its cutting-edge cyber resilience offering. This release brings new and enhanced features to empower organizations in their continuous efforts to strengthen their cybersecurity posture. SaaS Offering for Unparalleled Flexibility SCYTHE 4.1 introduces its initial Software as a Service (SaaS) offering, providing organizations with newfound deployment flexibility. This SaaS option offers the same robust capabilities as the on-premises version, ensuring that teams can choose the deployment model that best suits their needs without pricing changes. SCYTHE's commitment to flexibility ensures that organizations can secure their infrastructure on their terms. Advanced Agent Support with Scheduling for Continuous Testing To unlock even greater control over security testing, SCYTHE 4.1 introduces advanced agent support with scheduling. This feature allows organizations to perform continuous testing by automating the deployment and execution of security assessments at specified intervals. With the power of scheduling, teams can proactively identify threats, assess controls, and evaluate their readiness to respond to cyber threats. SCYTHE empowers organizations to maintain the highest level of cyber resilience without manual intervention. Cloppy - Your AI-Powered Security Analyst In a significant leap forward, SCYTHE unveils the early access beta release of "Cloppy," its supervised machine learning (ML)-based AI analyst chatbot. Cloppy enhances team productivity, job satisfaction, and cybersecurity capabilities by delivering instant insights and recommendations. This AI-driven assistant will leverage private knowledge base instances, ensuring sensitive information stays secure. Cloppy is poised to become a trusted companion for security professionals, providing real-time guidance and augmenting their decision-making processes. As cyber threats continue to evolve, so must our approach to cybersecurity. SCYTHE 4.1 represents our commitment to innovation and empowering organizations to stay ahead of cyber adversaries, said Marc Brown, Head of Product at SCYTHE. With our SaaS offering, advanced agent support, and the introduction of Cloppy, we're equipping organizations with the tools they need to enhance their cyber resilience while simplifying offensive security. SCYTHE 4.1 Platform is now available for both new and existing customers. For more information on SCYTHE's comprehensive cyber resilience solutions, please visit https://scythe.io. About SCYTHE SCYTHE represents a paradigm shift in cybersecurity risk management, empowering organizations to Attack, Detect, and Respond efficiently. The SCYTHE platform enables collaboration between red, blue, and purple teams to build and emulate real-world adversarial campaigns. SCYTHE's innovative dual-deployment options and comprehensive features ensure a proactive cybersecurity approach. Headquartered in Arlington, VA, SCYTHE is privately funded by distinguished partners dedicated to shaping a more resilient cybersecurity landscape.

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Virtru, a worldwide leader in data-centric security and privacy, has announced the expansion of its encrypted file-sharing platform, Virtru Secure Share, to integrate with Zendesk. This direct integration enables organizations to safeguard data flow inward and outward within Zendesk without disrupting their current workflows. These integrations are accessible for purchase both from Virtru directly and through the Zendesk app marketplace. Virtru Secure Share offers top-notch, military-grade encryption and user-friendly experiences for Zendesk users. This integration is especially valuable for customer support teams involved in exchanging sensitive information with partners and customers during client onboarding and support processes. Jill Emerson, System Administrator and Member of Team Rehabilitation Physical Therapy, stated, We are in the healthcare sector, and to have that level of advanced data protection in Zendesk, without having to think about it, is invaluable. In between Virtru’s email security and the Virtru Secure Share integration for Zendesk, our most common and high-volume collaboration workflows can remain secure. Secure Share enables us to strike a balance between usability and security, so we can protect the data of our patients and deliver a positive experience at the same time. [Source – Globe Newswire] By utilizing Virtru’s user-friendly secure file-sharing features integrated into their familiar business applications, customer service representatives can efficiently assist customers while ensuring compliance with regulatory obligations. John Ackerly, Co-founder and CEO of Virtru, said, With this latest Secure Share integration, Zendesk users can now receive and send encrypted files securely with individuals both outside and inside of their organization without compromising the user experience or efficiency. [Source – Globe Newswire] He further stated that this is particularly crucial when confidential data must be shared to accomplish tasks. It was also mentioned that this should provide businesses with increased peace of mind, ensuring that their employees and customers maintain complete control of their data at all times. About Virtru Virtru empowers organizations worldwide, providing them with the means to harness the potential of data while ensuring control over its storage and sharing. Trusted by over 8,000 global clients, Virtru supports its Zero Trust strategies and safeguards its most sensitive data according to the world’s strictest security standards. As the creators of Trusted Data Format (TDF), an industry standard for persistent data protection, Virtru provides encryption technology for data shared through email, cloud environments, collaboration tools, and SaaS applications.

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Read More

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Virtru | October 09, 2023

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Read More

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Checkmarx Announces Technology Partner Program to Enable the Industry's Most Extensible, Code-to-Cloud Enterprise AppSec Ecosystem

PR Newswire | October 19, 2023

Checkmarx, the industry leader in cloud-native application security for the enterprise, today announced its Checkmarx Technology Partner program, enabling organizations to easily extend the leading AppSec platform with a wide range of technology partner capabilities. The combination of best-of-breed technology partners with the leading enterprise AppSec platform helps organizations shift everywhere, from code to cloud, with a unified AppSec posture integrated into the software development life cycle (SDLC). Checkmarx' Technology Partner Program helps organizations simplify management across their AppSec programs, get more value out of existing AppSec solutions and drive better security outcomes. Providing broad support for greater AppSec maturity throughout the entire SDLC, the Checkmarx Technology Partner program enables partners and their customers to centralize and simplify discovery in these key areas through Checkmarx One: Vulnerability and risk management systems: Aggregate, normalize and prioritize vulnerabilities and risks with a unified, holistic view with partners like ArmorCode, Brinqa and ServiceNow. SDLC tools: Integrate AppSec at all stages of the software development lifecycle within the environments and tools used daily by analysts, developers and testers with partners like GitLab, JetBrains and Security Compass. Cloud and runtime security: Match cloud assets at runtime with application source code projects so that vulnerabilities found in the developer source code are enriched with runtime context, and runtime cloud security inventories are enriched with AppSec findings – all possible through partners like AWS, Cisco Panoptica and Sysdig. Emerging technologies: Work with the most innovative startups and technologies including AI and GenAI to shape tomorrow's AppSec solutions landscape with partners like Mobb.ai. Expanding this ecosystem simplifies the process of mitigating AppSec risk for our partners' customers, making their applications exponentially more secure during a time of escalating threats, said Kobi Tzruya, Chief Research and Development Officer at Checkmarx. From protecting AI-generated code to helping build trust between developers and security teams, Checkmarx One is already the AI-driven, enterprise-ready AppSec platform of choice. Now working with other leading technology companies to meet the need for streamlined, consolidated solutions will make life easier and applications safer for everyone. Checkmarx recently announced Sysdig as its latest technology partner, bringing runtime container insights into Checkmarx One so organizations can prioritize vulnerabilities associated with container packages that are actually running and that pose the most risk. "The top application security vendors have a responsibility to team up to provide more robust and complete solutions for the world's enterprises," said Bryan Smoltz, VP of Technology Alliances at Sysdig. "By delivering runtime insights within Checkmarx One, customers have clear visibility into the workloads that are running in production so they can make better-informed security decisions. Together, we're helping to bring maximum protection at cloud speed." Technology partners also benefit from the program with new marketing and sales opportunities, and by making their solution readily accessible to Checkmarx' more than 1,800 customers, including 60% of the Fortune 100. The Checkmarx One platform scans more than 100 billion lines of code monthly and its world-renowned Checkmarx Labs security research team provides ongoing threat intelligence to inform product development and to advise customers of their best defenses in today's threat landscape. For more information about becoming a Checkmarx Technology Partner, visit this page. Click here to explore the Checkmarx One partnership ecosystem. About Checkmarx Checkmarx is the enterprise application security leader and the provider of Checkmarx One™, the industry-leading cloud-native AppSec platform that helps enterprises build #DevSecTrust. Powered by the intelligence from our industry-leading AppSec security research team, and our AI-driven technology and services, our platform is designed to enable CISOs, AppSec and development leaders to prioritize their teams' focus on what impacts their business. Our offerings secure every phase of development for every application, from the very first line of code through production, while simultaneously balancing the dynamic needs of security and development teams. It's no longer just about shifting left or right - it's about shifting everywhere. We are honored to serve more than 1,800 customers, which includes 60 percent of all Fortune 100 organizations. We are committed to moving forward with unwavering dedication to the safety and security of our customers, and the applications that power our day-to-day lives. Checkmarx. Make Shift Happen.

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