SOFTWARE SECURITY

CyberSaint Releases CyberStrong Version 3.20 Empowering Customers to Further Automate the Cyber & IT Risk Management Function

CyberSaint | June 22, 2022

CyberSaint
CyberSaint, the developer of the leading platform delivering cyber risk automation, announced the release of CyberStrong version 3.20 today, providing customers with the ability to further automate the assessment process via continuous control automation with Tenable and Microsoft Azure Security Center integrations.

“CyberSaint’s continuous control automation functionality changes the way that security and risk teams perform assessments, and ultimately, manage cyber risk,” said Jerry Layden, CEO of CyberSaint. “Being first-to-market with this technology is exciting for us, and positions us to redefine the cyber and IT risk management market at large.”

Until now, the process of assessing an organization’s cybersecurity risk posture against a framework or standard has been manual. CyberStrong’s continuous control automation leverages natural language processing (NLP) to map telemetry coming in from various security products, such as Tenable and Microsoft Azure Security Center, to controls in a customer environment, automating scores at the control level and pulling in evidence. Want to see this new feature in action? Register for the Live Demo on July 12th at 3:00pm EDT or watch after on-demand.

“Having the capability to integrate with cybersecurity solutions such as those in a hybrid cloud environment is essential for successful integrated risk management (IRM) technologies. “IRM solution providers like CyberSaint offer companies real-time visibility and understanding of their cybersecurity risk. This provides a competitive edge by giving business leaders actionable data to mitigate growing cybersecurity and associated digital risks.”

John A. Wheeler, Founder and CEO of Wheelhouse Advisors and former Gartner IRM analyst

CyberSaint’s integration with Tenable allows customers to:

Identify and create mappings to controls and control actions
Automate the scoring of vulnerability scanning controls
Keep assessment control scores up to date with every successful vulnerability scan

CyberSaint’s integration with Microsoft Azure Security Center allows customers to:

Pull in policies from Azure and relate their compliance to assessments within the CyberStrong platform
Query the customer Azure configuration and correlate directly to NIST 800-53, the CSF, and additional standards such as CMMC, PCI, HIPAA, and more
Provide nightly updates to control actions within the CyberStrong platform to keep compliance status up to date which aids in viewing variance of controls when evaluating risk

About CyberSaint
CyberSaint's mission is to empower today's organizations to build a cybersecurity program that is as clear, actionable, and measurable as any other business function. CyberSaint's solutions empower teams, CISOs, and Boards to measure, mitigate, and communicate risk with agility and alignment.

Spotlight

If risk managers, senior executives and board members of European organisations had any doubt as to the existence of a data security epidemic, the past year likely changed that. With massive data breaches affecting some of the world’s biggest companies, nation-states using the cyber realm as a vehicle of war, and businesses sustaining property damage as a result of a cyber-attack, there has been no shortage of cyber related headlines. Cybercriminal tactics continued to evolve and the ability to execute attacks became easier. For many companies, being involved in a cyber-attack went from a question of “if” to “how bad” will the damage from the inevitable attack be.


Other News
DATA SECURITY

ControlCase Partners with ConnectWise & FifthWall Solutions to Increase MSP Cybersecurity Maturity & Bridge Access to Cyber Insurance.

ControlCase | July 11, 2022

ControlCase, a leading provider of IT Security Certifications and Continuous Compliance Services announced its recent partnership with ConnectWise and FifthWall Solutions. Under this partnership, Managed Service Providers (MSPs) can now access the ConnectWise MSP+ security best practices framework from the ControlCase Compliance HubTM platform for both self-assessment and verification by ControlCase. This partnership also provides the rate-quote-bind assistance required for procuring insurance. ConnectWise’s MSP+ framework is derived from the NIST CSF framework and aims to help MSPs strengthen their cybersecurity program, increase cybersecurity maturity, and ultimately lower their risk of a data breach. MSP+ provides an affordable compliance framework that can be used as the foundation for an MSPs cybersecurity program. The MSP+ program is split into 3 parts: 1. MSP+ Self Assessment – Allows the MSP to access the framework and start implementing controls and closing gaps at their own pace. 2. MSP+ Advanced – Includes assistance with remediation and final verification by ControlCase. 3. MSP+ Mastery – Demonstrates a mature cybersecurity program and is also verified by ControlCase. “This partnership is a gamechanger for MSPs,” said Mike Jenner, CEO at ControlCase. “Security incidents involving MSPs, and their clients continue to rise. This rise necessitates stringent security controls to be implemented and the MSP+ framework provides a great place for MSPs to start learning about cybersecurity and implementing necessary controls.” Speaking on the achievement, Raffael Marty, General Manager -Cybersecurity at ConnectWise said “Cyber insurance is a critical element to help partners protect their legacy by building a more cyber-resilient business. This partnership will help MSPs increase their cybersecurity maturity, prepare for and procure insurance; eliminating dozens of steps they and their customers would otherwise have to take.” The ControlCase Compliance HubTM platform is integrated with ConnectWise Manage. MSPs can complete their MSP+ assessments without ever leaving their PSA. The MSP+ Advanced and Mastery offerings also include real-time compliance status and vital statistics such as risk rating and security milestone planning. “FifthWall is excited to be the dedicated Cyber Insurance & Risk Management Solution Provider,” said Reid Wellock, President, FifthWall Solutions. “We work with 35+ insurers to limit clients’ cyber exposure and give peace of mind for businesses of any size.” This partnership greatly simplifies MSPs and their clients' access to insurance.” For more information on this partnership and the related offerings, please contact Kimberly Simon at ksimon@controlcase.com About ControlCase ControlCase is a global provider of certification, cybersecurity, and continuous compliance services. ControlCase is committed to empowering organizations to develop and deploy strategic information security and compliance programs that are simplified, cost-effective, and comprehensive in both on-premises and cloud environments. ControlCase offers certifications and a broad spectrum of cyber security services that meet the needs of companies required to certify to PCI DSS, HITRUST, SOC 2 Type II, ISO 27001, PCI PIN, PCI P2PE, PCI TSP, PA DSS, CSA STAR, HIPAA, GDPR, SWIFT, and FedRAMP. About FifthWall Solutions FifthWall works with 35+ carriers to limit your clients’ cyber exposure and give peace of mind for businesses of any size. With our policies, MSPs and their clients are covered from business interruptions, cyber crimes, and several of the consequences that follow. With breach prevention and response tools, MSPs and their clients avoid risk and minimize impact in the event of a security incident.

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SOFTWARE SECURITY

GrammaTech and T.E.N. Announce Call for Nominations for Product Security Executive of the Year Awards

GrammaTech | August 16, 2022

GrammaTech, a leading provider of application security testing products and software research services, and T.E.N., founder of the Information Security Executive® (ISE®) of the Year Awards, today announced the Product Security Executive (PSE) of the Year Awards. This annual competition will recognize individuals whose contributions have delivered advancements in security for embedded or commercial software products. Nominations are now being accepted through October 10, 2022 at The judging panel includes: Edna Conway, Vice President, Security & Risk Officer, Cloud Infrastructure at Microsoft, former CSO, Cisco Global Value Chain and a member of the Executive Committee of the U.S. Department of Homeland Security Task Force on ICT Supply Chain Risk Management. Malcolm Harkins, Chief Security & Trust Officer with Epiphany Systems, former Chief Security and Privacy Officer (CSPO) and the first CISO at Intel Corporation. Troy Rydman, Senior Practice Leader - Global Strategic Accounts, Security, Risk, & Compliance for Amazon Web Services (AWS) and former cybersecurity executive with Silicon Valley Bank, with fourteen years of increasing cybersecurity leadership. “In a world of increasingly autonomous products, from cars to appliances to robots, managing the integrity of the software that enables our connected world is critical. The Product Security Executives who drive quality, security and safety of our many devices are pivotal to the digital economy. “It is time to recognize these individuals and the significant contributions they make in securing the software at the heart of our hyper-connected world.” Edna Conway, VP, Security & Risk Officer, Microsoft Cloud Infrastructure Eligibility U.S.-based executives, including those with director, vice president, chief product security officer or similar titles, who are responsible for product security management are eligible for consideration. This includes individuals overseeing security at all stages of the product development lifecycle for software, firmware and/or embedded code; as well as secure product design, risk and vulnerability management and standards/regulatory compliance. There is no cost to enter. “There’s an increased emphasis on maintaining the safety and security of embedded software across virtually all industries, which is becoming the responsibility of a Product Security Executive whether or not the title exists,” said Andrew Meyer, Chief Marketing Officer for GrammaTech. “We collaborated with T.E.N. to create this award competition and recognize the men and women on the front lines of this new discipline, honor their accomplishments and share their best practices with the industry.” “The number of IoT devices is in the billions and we will continue to see an ever-growing number of devices become smart and connected,” explains Marci McCarthy, CEO and President of T.E.N. “Every device is at risk for cyberattacks, and threat actors are taking advantage of every opportunity to exploit product security vulnerabilities. Demand for product security has thus grown across multiple industries, especially consumer electronics, automotive and healthcare. Because product security is a relatively new concept whose time has come, we are thrilled to partner with GrammaTech to recognize individuals for advancements and innovations leading to more secure products going to market.” About T.E.N. T.E.N. is an award-winning technology and security networking and marketing firm that hosts relationship-building events between top Information Security executives, industry pioneers and innovative solution providers within the cybersecurity industry. Its flagship program, the nationally acclaimed Information Security Executive® (ISE®) of the Year Program Series and Awards, is North America’s largest leadership recognition and networking program for security professionals, honoring both leading executives and deserving project teams. About GrammaTech GrammaTech is a leading global provider of application security testing (AST) solutions used by the world’s most security conscious organizations to detect, measure, analyze and resolve vulnerabilities for software they develop or use. The company is also a trusted cybersecurity and artificial intelligence research partner for the nation’s civil, defense, and intelligence agencies. GrammaTech has corporate headquarters in Bethesda MD, a Research and Development Center in Ithaca NY, and publishes Shift Left Academy, an educational resource for software developers.

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DATA SECURITY

Flow Security Launches Next-Gen Data Security Platform Following $10 Million Seed Round

Flow Security | August 05, 2022

Flow Security today announced $10M in seed funding and launched the first data security platform that discovers and protects both data at rest and in motion. The funding was led by Amiti, with participation from GFC, Amdocs Ventures, and industry leaders such as CyberArk CEO Udi Mokady and Demisto CEO and co-founder Slavik Markovich. Enterprises of all sizes continue to make heavy investments in technology stacks as they transition to modern cloud application architectures. This new era promises many benefits, but has also led to significant data sprawl and major difficulties in securing data. With the widespread adoption of modern architectures, securing sensitive data such as PII, PHI, financial information, and intellectual property has become a near-impossible task. Flow Security helps organizations overcome these challenges by continuously mapping and detecting all data-related risks for an improved data security posture. Flow is the only data security platform that supports use cases including discovering and classifying data flows to external services, policy enforcement, automatic data-related threat modeling, and reducing data access permissions to the minimum. Flow has a growing customer base in highly-regulated markets such as e-commerce, fintech, healthcare, insurtech, and more. "Discovery, mapping and protecting data is usually a manual process, which is not effective in large organizations," says Nir Chervoni, Head of Data Security of Booking.com, "Automatic data mapping should consist of analyzing the actual payload, and not only its metadata. So far, Flow is the only company I've seen that provides that capability for multiple scenarios." "Security and data protection teams are struggling to keep up with the rapid pace of today, and Flow is making their lives exponentially easier," said Ben Rabinowitz, Managing Partner and Founder at Amiti Ventures. "We're thrilled to be a partner on this journey, and eager to help capitalize on this opportunity to give security teams the technology they need to become business enablers." "We've reviewed dozens of different data security tools lately, and we weren't satisfied with any of them. "But Flow's data-in-motion approach is a game changer. It took the platform a few days to map data-related threats that usually take months of manual work to detect." Ralph Pyne, VP of Security at NextRoll "Data security is not a new problem, but the challenges are changing and growing," said Jonathan Roizin, co-founder and CEO of Flow Security. "Organizations are moving at a record pace and quickly transitioning to the cloud and cloud-first applications. These transformations often make life easier, but they also make the jobs of security professionals even more difficult. With Flow, security teams are no longer forced to chase down information. It simplifies security and regulatory processes and bridges the gap between security and development teams." About Flow Security Flow Security revolutionizes data security with the first platform that discovers and protects data not only at rest, but also in motion. Founded in 2021 by Jonathan Roizin and Rom Ashkenazi, the Israel-based company is backed by Amiti, GFC, Amdocs Ventures, and market-leading angel investors.

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ENTERPRISE IDENTITY,PLATFORM SECURITY,SOFTWARE SECURITY

Safe Security Introduces Free Assessments to Provide Trusted Financial Risk Calculations for Cyber Attacks and Cyber Insurance Discussions

Safe Security | August 17, 2022

Safe Security, a global leader in cybersecurity risk quantification and management, today announced two industry-first assessment tools to empower organizations to make holistic financial decisions based on their actual cyber risk. At no cost, organizations can access Safe Security’s Interactive Cost Calculator, as well as the Cyberinsurance Assessment, which are designed to enable data-driven discussions about risk and coverage requirements. “Executive leadership from the CEO and board members, to CISOs, risk teams, and CFOs are asking questions like, ‘how much will a cyber attack cost us?’ Or, ‘how much should our cyber insurance cost?’ Today, those leaders either do not have a financial figure at all or possess a financial figure from a ‘black-box’ approach that they can’t explain or trust,” said Saket Modi, co-founder and CEO of Safe Security. “Based on our research, Safe Security is offering organizations the opportunity to understand the financial impact of a cyber attack with full visibility into how the assessment is calculated so you can trust and explain the numbers. Knowledge is power, and our mission is to arm you with an unbiased assessment that can be used for risk discussions and insurance negotiations.” Interactive Cost Calculator for Cyber Attacks Safe Security’s Interactive Cost Calculator for cyber attacks is a free, tunable calculator that enables organizations to understand their potential financial risk due to a cyber attack, such as ransomware. The easy-to-use assessment gathers specific inputs about the company, and provides a cost estimate based on Safe Security’s cost model that takes into account cost drivers associated with security incidents. The output can be customized to the parameters of an organization to further refine the estimate. Inside-Out Cyberinsurance Assessment Safe Security’s Inside-Out Cyberinsurance Assessment helps companies better understand their cyber health and reduce premiums. Cyber insurance premiums keep rising despite increasing cybersecurity investments. Companies can gain specific guidance on how their cybersecurity risk posture compares to others in the same industry, how much coverage they need, and the top actions they should take to ensure a successful cyber insurance renewal. The SAFE platform runs a cyber risk assessment based on the following data points: API feeds from the organization’s internal technology environment Maturity of the organization’s cybersecurity policies and products About Safe Security Safe Security is a leader in cybersecurity and digital business risk quantification management, with a mission to build a safer digital future. Safe’s cyber risk quantification and management (CRQM) platform 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.

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Spotlight

If risk managers, senior executives and board members of European organisations had any doubt as to the existence of a data security epidemic, the past year likely changed that. With massive data breaches affecting some of the world’s biggest companies, nation-states using the cyber realm as a vehicle of war, and businesses sustaining property damage as a result of a cyber-attack, there has been no shortage of cyber related headlines. Cybercriminal tactics continued to evolve and the ability to execute attacks became easier. For many companies, being involved in a cyber-attack went from a question of “if” to “how bad” will the damage from the inevitable attack be.

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