DATA SECURITY

Elisity to Close $26-Million Round for Cognitive Trust CyberSecurity Platform

Elisity | June 17, 2021

The new platform for behavior and identity-based enterprise cybersecurity, Elisity, Inc., the pioneer of Cognitive Trust™, has announced a Series A funding round totaling $26 million. It is co-led by AllegisCyber Capital and Two Bear Capital. Atlantic Bridge, the previous seed investor, is participating.

The present subsidizing will scale Elisity to satisfy customer needs for its cloud-delivered cybersecurity stage that can investigate the identity and context of individuals, applications, and gadgets—including IoT and OT—any place they're working. The platform can comprehend, engage and progressively adjust security from the edge to the cloud by learning conduct to review hazards, consequently and constantly streamline security assurance.

Elisity is the principal organization to offer a solitary online protection stage that is adequately astute to see how resources and individuals associate past corporate edges and powerfully adjust security for each client, gadget, information, and application from the edge to the cloud. Elisity's Cognitive Trust stage wires character and AI-driven social insight to ceaselessly evaluate hazard and quickly upgrade access, availability, and security arrangements that follow resources and individuals any place they go. Elisity helps endeavor class associations, everything being equal, and ventures get through the present siloed systems administration and-security bunch difficulties by incorporating resource the board, availability, and security.

Three co-founders began Elisity: Burjiz Pithawala, chief product officer; Sundher Narayan, chief architect; and Srinivas Sardar, vice president of engineering, who all previously held leadership roles product development, engineering, and architecture at Cisco. The chief group is driven by James Winebrenner, CEO, who drove the go-to-market procedure for Viptela from pre-dispatch through the deal to Cisco in 2017, having additionally held influential leader positions at Cisco, Aviatrix, and Checkpoint Software.

Strategic advisors include security and networking leaders such as Greg Akers (former SVP Advanced Security Research and Governments at Cisco), Khalid Raza (co-founder of Viptela and CEO and founder of Graphient), Brian Long (co-founder and managing partner at Atlantic Bridge and on Elisity's Board of Directors), and Jeff Tantsura (Internet Architecture Board). Spencer Tall and Mike Goguen will join Brian Long on the Elisity board due to today's transaction.



About Elisity

Elisity understands behaviors and identity to simplify connectivity, asset and user access, and security from the initiative edge to the cloud. Elisity invented the AI-powered Cognitive Trust platform to learn behavior, measure risk enthusiastically, and promptly adapt apparent access policies for people, devices, data, and applications. Elisity is based in San Jose. The company is backed by AllegisCyber Capital, Two Bear Capital, and Atlantic Bridge.

Spotlight

As security teams struggle to contend with more frequent, costly, and sophisticated attacks, data-at-rest encryption becomes an increasingly critical safeguard. This white paper offers an overview of the different encryption approaches available today. The paper then provides an introduction to the Vormetric Data Security Platform and shows how it uniquely addresses the requirements for data-at-rest encryption across a modern enterprise environment. The paper offers details on the platform’s architecture, and reveals how this architecture helps maximize the security of sensitive assets, while minimizing total cost of ownership. Vormetric also offers detailed architecture white papers for many of the products covered in this document.


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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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DATA SECURITY

S2W has signed contribution agreement with INTERPOL for CTI solution XARVIS ENTERPRISE

S2W | January 03, 2022

Data Intelligence company S2W announced that INTERPOL has recently signed a contribution agreement introducing S2W's cyber threat intelligence (CTI) solution "S2-XARVIS ENTERPRISE" to strengthen its ability to analyze new cyber threats such as dark web and ransomware. S2W has been supporting INTERPOL to identify and prevent "third-world dark web crimes" as part of its "binding the gap among member countries for a safer world," and recently conducted international ransomware organization arrest operation such as Revil, Cl0p, and GandCrab. "INTERPOL is strengthening the use of advanced information and communication technologies such as artificial intelligence and big data and expects that the introduction of S2W's cyber threat intelligence (CTI) solution – S2 XARVIS Enterprise will directly help to prevent nationwide cybercrime through real-time threat detection and dark web/deep web coverage," Robert Han, Head of Global Business of S2W Sangduk Suh, CEO of S2W said "We are focusing on providing services to institutions and companies so that we can build a strong security environment using threat intelligence (TI) information, and through this, we will contribute to eradicating international cybercrime." About S2W S2W is a Data Intelligence company, established in 2018, that extracts and provides actionable intelligences optimized for each client's needs from numerous data. Specialized intelligence provided by S2W can cover multiple industries with its unique data collection and big data analysis for the Dark Web and Deep Web. S2W solutions protect clients from various cyber threats and data leakage, such as personal information, financial information, confidential information within organizations through top-notch data collection and detection technologies.

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WEB SECURITY TOOLS

Indusface Enhances its Web Application & API Protection (WAAP) platform AppTrana with Industry's First Risk-Based Protection to APIs

Indusface | May 19, 2022

Indusface, a leading application security SaaS company that continually detects security risks, provides real-time protection, and improves the performance of Websites and Applications, today announced that it is adding Risk-Based API Protection to its WAAP platform, AppTrana. APIs are the lifeline of the digital economy with many companies adopting the API-first approach. However, the growth of APIs is also opening up new risk vectors that they are not aware of. According to Gartner, more than 90% of applications have more attack surface exposed through API than UI and by 2022, API Abuse will move from an infrequent to the most-frequent attack vector, resulting in data breaches for enterprise web applications. Indusface is revolutionizing the API security space by building on its API Protection capabilities. The company is doing so through the most comprehensive API protection to date by extending its risk-based approach to the same. "AppTrana's risk-based approach is unique and something that resonates with our customers. What customers are really interested in is knowing how well their application is protected based on the risk posture of their application. Building on this, we are now enhancing our API Protection capabilities by providing a risk-based approach to API security which we believe would revolutionize the market. With this, customers will be able to identify vulnerabilities found in their public APIs and quickly correlate how these are protected through API-specific policies and positive security policies applied in AppTrana providing the most comprehensive protection for APIs." Ashish Tandon, Founder and CEO, Indusface As with any security, you can protect only what you know and protection is as strong as the weakest link. The major challenges with APIs are discoverability and the ability to understand the context of APIs so that security can be tailored accordingly. It is to address these challenges that Indusface is enhancing its API protection in AppTrana. Collectively through a multi-step approach, customers get to discover APIs, understand risk posture and ensure comprehensive protection of APIs. With Indusface AppTrana's Risk-based API Protection, you get: To understand the risk posture of the APIs through unlimited automated API scans including manual tests for identifying business logic vulnerabilities. This enables organization to understand the weakest links of the APIs and get clear visibility around how these links are protected. Visibility into API traffic patterns and discovery of shadow APIs, so that you are no longer blindsided by what you don't know To protect APIs with API-specific rules written specifically to protect against OWASP Top 10 API vulnerabilities Behavioral-based protection against DDoS attacks on APIs by analyzing API traffic pattern Behavioral-based protection against BOT attacks Positive security for APIs through analysis of swagger (OpenAPI 2.0) files and creation of automated positive security policies Accurate, real-time view of vulnerabilities blocked by API specific rules, positive security policies, custom rules, and those that need fixes in the application About Indusface Indusface is a leading application security SaaS company that secures critical Web, Mobile, and API applications of 3000+ global customers using its award-winning fully managed platform that integrates web application scanner, web application firewall, DDoS & BOT Mitigation, CDN, and threat intelligence engine. Indusface has been funded by Tata Capital Growth Fund II, is the only vendor to be named Gartner Peer Insights™ Customers' Choice' in all the 7 segments for Voice of Customer WAAP (Web Application and API Protection) Report 2022, is a "Great Place to Work" certified SaaS product company, is PCI, ISO27001, SOC 2, GDPR certified, and has been the recipient of many prestigious start-up awards such as the Economic Times Top 25, NASSCOM DSCI Top Security Company, Deloitte Asia Top 100, among others.

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SOFTWARE SECURITY

SecurityScorecard Launches Cyber Risk Quantification Portfolio Providing Customers Various Models to Conduct Security Cost-Benefit Analysis

SecurityScorecard | April 27, 2022

SecurityScorecard, the global leader in cybersecurity ratings, today introduced its Cyber Risk Quantification (CRQ) capabilities that will enable customers to understand cyber risk in financial terms, enabling organizations to bring cyber risk into holistic business risk analysis, and assisting organizations in a cost-benefit analysis of cyber investment options. SecurityScorecard's CRQ capabilities help customers understand the financial impact of a cyber-attack, gain insight into the probability of incidents over time and quantify the reduction in expected losses if issues are resolved. The SecurityScorecard CRQ capabilities will be included in the company's risk intelligence platform, the industry's first holistic offering that proactively protects organizations from every angle. "Executives and boards of directors lack the ability to connect cybersecurity budgets to business outcomes, hindering the CISO's ability to justify their cybersecurity budgets. By grounding risk quantification in SecurityScorecard's expansive data, we are bringing cyber security to the forefront of daily decision making. Our goal is to help our customers make informed decisions on how to raise the bar on their cybersecurity defenses with optimized investments, and we will continue to partner with leading CRQ thought leaders to provide the options they are looking for." Prashant Pai, Senior Vice President and General Manager Strategic Initiatives, SecurityScorecard To deliver the combined insights of SecurityScorecard's cybersecurity ratings data and leading risk models, SecurityScorecard is partnering with a number of leading CRQ thought leaders and developers including ThreatConnect, and RiskLens, which created Factor Analysis of Information Risk (FAIR™). With multiple views of risk available through the lens of different CRQ frameworks, risk managers can determine which framework is the best fit for their business. With cyber risks becoming increasingly prevalent, boards of directors and executives need to evaluate those risks and become more involved with cybersecurity. Effectively reporting to the board is a key component of every security leader's job. According to Gartner® The 2022 Board of Directors Survey, 88% of respondents viewed cybersecurity as a business risk, while 72% stated they are focused on aligning risk, strategy and performance to drive business resilience.1 "The CRQ integration between RiskLens and SecurityScorecard will finally give organizations of all sizes what they need to effectively understand and manage cyber risk: an automated, 'dollars and cents' view of cyber risk," said Nick Sanna, CEO, RiskLens. "Based on the FAIR cyber risk quantification standard, on industry benchmark data and on their SecurityScorecard security rating, organizations can now make risk-informed business decisions." "ThreatConnect is excited to partner with SecurityScorecard as the combination of their external cybersecurity risk posture and the power of ThreatConnect Risk Quantifier (RQ) connects the outside and inside views for an organization, giving them a 360 degree perspective of the risk to their organizations," said Jerry Caponera, Vice President of Cyber Risk Strategy for ThreatConnect. "Applying ThreatConnect's statistical and machine learning algorithms to the SecurityScorecard data enables customers to easily visualize their risk and, more importantly, prioritize which factors should be improved based on financial risk reductions." SecurityScorecard's CRQ portfolio enables executives, CISOs and risk managers to obtain a comprehensive view of their cyber risk that enables them to define cyber risk in a universally understood metric and embed those insights into decisions across the organization. SecurityScorecard's CRQ capabilities also offer: Scalable risk quantification methodology - With continuous monitoring of over 12 million companies, SecurityScorecard grounds its analysis in a consistent cybersecurity data-driven approach to deliver a real-time view of risk. Contextualized view of cyber risk - SecurityScorecard directly ties financial impact to the security issues that drive losses. Multiple risk quantification frameworks– Multiple risk frameworks are integrated into the CRQ capabilities to ease the evaluation and implementation of CRQ. About SecurityScorecard Funded by world-class investors including Evolution Equity Partners, Silver Lake Waterman, Sequoia Capital, GV, Riverwood Capital, and others, SecurityScorecard is the global leader in cybersecurity ratings with more than 12 million companies continuously rated. Founded in 2013 by security and risk experts Dr. Aleksandr Yampolskiy and Sam Kassoumeh, SecurityScorecard's patented rating technology is used by over 30,000 organizations for enterprise risk management, third-party risk management, board reporting, due diligence, cyber insurance underwriting, and regulatory oversight. SecurityScorecard is the first cybersecurity ratings company to offer digital forensics and incident response services, providing a 360-degree approach to security prevention and response for its worldwide customer and partner base.

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Spotlight

As security teams struggle to contend with more frequent, costly, and sophisticated attacks, data-at-rest encryption becomes an increasingly critical safeguard. This white paper offers an overview of the different encryption approaches available today. The paper then provides an introduction to the Vormetric Data Security Platform and shows how it uniquely addresses the requirements for data-at-rest encryption across a modern enterprise environment. The paper offers details on the platform’s architecture, and reveals how this architecture helps maximize the security of sensitive assets, while minimizing total cost of ownership. Vormetric also offers detailed architecture white papers for many of the products covered in this document.

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