Hub Protection to provide INX Limited with military-grade Digital Asset Cybersecurity

prnewswire | September 15, 2020

Hub Security, the cyber security platform, is announcing the use of its military-grade VaultHSM to secure INX Limited's crypto services.This news comes on the heels of INX Limited's latest announcement of its initial public offering this week of up to 130 million INX Security Tokens (the "INX Tokens" or "Tokens"). Hub Security utilizes military-grade cybersecurity principles for its Vault HSM (Hardware Security Module) and handheld miniHSM devices' with FIPS Approved Cryptographic Algorithm Validation

Spotlight

"How can organisations build resilience and balance prevention and response? Information security is an industry on the rise. Major security breaches have recently been in the spotlight, and a staggering 42.8million security incidents have been reported globally (PricewaterhouseCoopers). Infosecurity Europe recently surveyed 1,336 industry professionals on the subject of ‘Intelligent Security’ and exposed interesting insight into protecting information assets, detecting incidents and of response and recovery.


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PLATFORM SECURITY

Cloudflare Completes Acquisition of Area 1 Security

Cloudflare | April 04, 2022

Cloudflare, Inc. , the security, performance, and reliability company helping to build a better Internet, today announced it has completed its acquisition of Area 1 Security. Email is both one of the largest cloud applications for any business, and the biggest security threats that organizations of all sizes face. Yet legacy email security solutions are often expensive, overly complex, and disjointed from an organization’s holistic security strategy. Further, malicious phishing and business email compromise campaigns are incredibly costly—with U.S. businesses losing more than $2.4 billion a year according to data from the FBI’s Internet Crime Complaint Center 2021 Internet Crime Report. With the acquisition of Area 1 Security, Cloudflare will provide organizations an easy way to block phishing, malware, business email compromise and other advanced threats as part of an integrated, Zero Trust approach to securing all of their organizations’ applications. “Cloudflare's mission is to help build a better Internet, and we've invested heavily in building the world's most powerful cloud network to deliver a faster, safer, and more reliable Internet for our users. Now we're officially able to welcome the Area 1 team to Cloudflare and enhance our ability to secure the number one place where security threats come from, email. To us, Zero Trust security without email built in is worth nearly zero. By bringing email security and Zero Trust together with Area 1 Security, we believe that we will give customers the most complete Zero Trust security platform available." Matthew Prince, co-founder & CEO of Cloudflare Area 1 Security’s cloud native platform, which works seamlessly with any email offering, stops phishing and other advanced email attacks by preemptively discovering and eliminating them before they can inflict damage in a corporate environment. By combining Area 1 Security’s highly scalable technology and years of experience in email protection with Cloudflare’s global network, the two companies will provide a holistic Zero Trust solution that customers can enable through Cloudflare’s global network. Area 1 Security’s email security capabilities will be available for purchase for all enterprise plan customers today, and will be available to customers on all other paid plans in the months to come. "Cloudflare delivers one of the world’s leading Zero Trust networks, and we're excited about what we'll be able to build together for our customers and channel partners," said Patrick Sweeney, CEO and President of Area 1 Security. "By joining forces, Area 1’s technology and Cloudflare's global network will give customers the most complete Zero Trust security platform available, inclusive of securing the most critical of today’s business applications – your email." About Cloudflare Cloudflare, Inc. is on a mission to help build a better Internet. Cloudflare’s suite of products protect and accelerate any Internet application online without adding hardware, installing software, or changing a line of code. Internet properties powered by Cloudflare have all web traffic routed through its intelligent global network, which gets smarter with every request. As a result, they see significant improvement in performance and a decrease in spam and other attacks. Cloudflare was named to Entrepreneur Magazine’s Top Company Cultures 2018 list and ranked among the World’s Most Innovative Companies by Fast Company in 2019. Headquartered in San Francisco, CA, Cloudflare has offices in Austin, TX, Champaign, IL, New York, NY, San Jose, CA, Seattle, WA, Washington, D.C., Toronto, Lisbon, London, Munich, Paris, Beijing, Singapore, Sydney, and Tokyo.

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PLATFORM SECURITY

Trend Micro Unites Industry With Most Powerful and Complete Security Platform

Trend Micro | April 26, 2022

Trend Micro Incorporated , a global cybersecurity leader, announced the launch of Trend Micro One, a unified cybersecurity platform with a growing list of ecosystem technology partners that enables customers to better understand, communicate, and lower their cyber risk. Organizations are battling on all fronts to face mounting cyber risks from their complex and growing attack surface with stretched teams and siloed security products. The unified security platform approach delivers a continuous lifecycle of risk and threat assessment with attack surface discovery, cyber risk analysis, and threat mitigation and response. Inaugural partners of the Trend Micro One technology ecosystem include: Bit Discovery, Google Cloud, Microsoft, Okta, Palo Alto Networks, ServiceNow, Slack, Qualys, Rapid7, Splunk, and Tenable. "We are so proud that ecosystem partners value integrating into our platform. Collectively we help enterprises fight the bad guys known as cybercriminals. Alone we are strong, but together our industry is unstoppable in helping customers eliminate security gaps anywhere, identify internal and external enterprise assets, and take critical steps to mitigate them. Kevin Simzer, COO of Trend Micro According to Gartner®, "vendors are increasingly acquiring or developing these adjacent technologies and integrating them into a single platform. The benefits are best realized when this integration minimizes consoles and configuration planes and reuses components (e.g., endpoint agents) and information.1" "We all know that digital transformation is table stakes for the post-pandemic enterprise. But this comes with additional risks: a bigger target for threat actors to aim at and more visibility and security coverage gaps for them to hide in," said Jeremiah Grossman, CEO of Bit Discovery. "Trend Micro's approach stands out from the crowd — notably with its blend of multiple sources of asset and risk visibility, including external attack surface visibility powered by Bit Discovery. Trend Micro's platform helps customers quickly get a prioritized and comprehensive understanding of their attack surface." As a unified platform, Trend Micro One delivers powerful risk assessment capabilities, but the ecosystem partners extend that to make it the most complete in the industry. Joint customers benefit from truly connected visibility, better detection and response capabilities, and comprehensive protection across security layers and systems. Trend Micro One supports this approach by enabling customers to: Discover the attack surface: Identify, monitor, and profile cyber assets in customers' environments. Understand and continuously assess risk: Analyze risk exposure, the status of vulnerabilities, the configuration of security controls, and types of threat activity. Effectively mitigate risk: Ensure the right preventative controls and take swift action to mitigate risk and remediate attacks across the enterprise by leveraging Trend Micro's threat and risk intelligence. About Trend Micro Trend Micro, a global cybersecurity leader, helps make the world safe for exchanging digital information. Fueled by decades of security expertise, global threat research, and continuous innovation, Trend Micro's cybersecurity platform protects hundreds of thousands of organizations and millions of individuals across clouds, networks, devices, and endpoints. As a leader in cloud and enterprise cybersecurity, the platform delivers a powerful range of advanced threat defense techniques optimized for environments like AWS, Microsoft, and Google, and central visibility for better, faster detection and response.

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ENTERPRISE SECURITY

Confluera Cloud Research Finds Cybersecurity Concern as Biggest Obstacle to Cloud and Multi-Cloud Adoption

Confluera | February 19, 2022

Confluera, the leading provider of next-generation cloud cyber attack detection and response, today released the findings of their latest research report, which explores how IT leaders detect, evaluate, and act against cybersecurity threats in today's cloud environment. The study, 2022 Cloud Cybersecurity Survey Report, showcases the perspective of 200 U.S. IT leaders at medium to large sized organizations and how they are tackling the increasingly complex remote, cloud-centric IT security landscape. The majority of organizations are accelerating their cloud adoption with 97% of IT leaders surveyed stating that their strategy includes the expansion of cloud deployments. The strategy includes expansion in scale and in many cases, the adoption of multiple platforms such as AWS, Google Cloud and Azure. This strategy is not without its challenges, however. Approximately, 63% of IT professionals identified cyberthreats designed to target cloud services as the top obstacle to their cloud strategy. Cloud and multi-cloud adoption has greatly increased the workload of already burdened IT teams. Of the 200 IT leaders surveyed, only about half of the respondents said that they are adequately staffed to manage the frequency of alerts they receive. IT teams spend 54% of their time investigating security alerts, with over half of those alerts turning out to be false or benign alarms. As threats within the cloud proliferate, IT leaders are looking for solutions to help them quickly separate the signal from the noise so they can act on the real threats promptly. Some key findings of the survey as it relates to cloud deployments are below. More than 65% of IT leaders said cloud IaaS adoption (AWS, Azure, Google Cloud, etc.) was the primary contributor to their increased workload in 2021 When asked what challenges were associated with adopting multiple cloud platforms, 69% said maintaining consistent cybersecurity coverage across all cloud infrastructures Nearly 50% said securing the resources to manage different cloud infrastructures Nearly 45% identified the difficulty detecting threats progressing from one cloud infrastructure to another "While accelerated cloud adoption continues to be a critical element in adapting to the new way of doing business, it has strained IT leader's ability to manage their workload, Organizations need to ensure proper people, processes, and tools are in place for the team to expand the complex cloud environments without sacrificing their attention to security." John Morgan, CEO of Confluera Morgan continued, "To make matters worse, the Great Resignation has demonstrated the burnout that workers across the U.S. economy are feeling, and nowhere is this burnout more obvious than in the cybersecurity teams. Organizations must ensure frequent conversations between executives and cybersecurity managers to ensure they are well equipped to adequately manage alerts, maintain systems, and avoid burnout within their teams. Other key findings include the following: 85% of IT leaders said that they experienced increased workload due to shift in work model including remote workers Nearly 70% of IT leaders said that the change in work model has made it more difficult to keep company resources secure Nearly 59% of all alert investigations turn out to be false alarms or benign activities 90% of IT leaders said they create threat storyboards but close to 60% rely on third-party services to create storyboards after the incident Not all findings in the report were so glum, however. In a positive sign, 84% of IT leaders were optimistic about their cybersecurity readiness for 2022. The majority of respondents note the availability of new cybersecurity tools as the reason for their positive outlook, with 59% saying that a Detection and Response solution for the cloud, or CxDR, is the innovation they are most excited about for future deployment. "2021 was a tough year for many IT leaders, but the market is now providing organizations with the tools they need to effectively manage the infrastructures they have and even expand them further," added Morgan. "Given proper resources and effective communication, IT leaders have every right to be positive as we move into the new year." About the Study Confluera commissioned an independent research firm to survey U.S. IT leaders using a national network of verified panel providers. A total of 200 respondents completed the survey, which was conducted between December 3-7, 2021. Those surveyed included those with senior titles, including Manager, Director, and VP/C-level. The margin of error for this study is +/-5.9% at the 95% confidence level. About Confluera Confluera is the leading provider of next-generation Cloud eXtended Detection and Response (CxDR) solutions. Recognized by Forbes as one of the Top 20 Cybersecurity Startups to Watch in 2021, Confluera's storyboard technology automates cyber attack analysis making small and large security teams more efficient. The solution has unprecedented visibility of attacks in the cloud and modern application architectures, reveals threats in real-time, and will shut down advanced multistage attacks.

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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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Spotlight

"How can organisations build resilience and balance prevention and response? Information security is an industry on the rise. Major security breaches have recently been in the spotlight, and a staggering 42.8million security incidents have been reported globally (PricewaterhouseCoopers). Infosecurity Europe recently surveyed 1,336 industry professionals on the subject of ‘Intelligent Security’ and exposed interesting insight into protecting information assets, detecting incidents and of response and recovery.

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