SOFTWARE SECURITY

iboss Achieves FedRAMP Authorization for its Zero Trust Edge Cloud Security Solution

iboss, Inc. | July 29, 2022 | Read time : 03:00 min

iboss, Inc.
iboss, the leading Zero Trust Edge cloud security provider, announces that it has obtained Federal Risk and Authorization Management Program (FedRAMP) Authorization. The achievement is reflective of the company’s commitment to work alongside federal agencies to protect government entities and civilians from growing and increasingly sophisticated cyberthreats.

Earlier this year, the United States Office of Management and Budget unveiled a strategy designed to prevent damaging hacks and breaches by moving federal agencies toward a zero trust cybersecurity approach. The announcement followed a 2021 Biden Administration executive order aimed at protecting federal networks by modernizing government cybersecurity, including through the implementation of zero trust security
architecture as defined in the National Institute of Standards and Technology (NIST).

The iboss platform is a purpose-built, patented, cloud delivered security solution that has been trusted by organizations worldwide to implement Zero Trust architecture as laid out specifically in the NIST 800-207 Special Publication. The company’s containerized cloud architecture makes it the only platform that can control what NIST refers to as the “Implicit Trust Zone” to ensure that all data and resources are completely private. The FedRAMP authorization now extends iboss’s leading platform to all U.S. government customers.

“Our Zero Trust Edge platform prevents breaches by making applications and data inaccessible to attackers while allowing trusted users to securely and directly connect to resources from anywhere. “In today’s work-from-anywhere world, protecting sensitive information, regardless of who is accessing it or where, is critical. We look forward to continuing to extend our platform and expertise to U.S. government agencies.”

iboss CEO Paul Martini

A Zero Trust Architecture built on iboss consolidates network security technologies (SWG, CASB, DLP, IPS, malware defense, browser isolation, firewall) into a single unified cloud platform and eliminates the need for a VPN while securing any device, regardless of location. By making all applications private, iboss eliminates the top three initial ransomware infection vectors as identified by the Cybersecurity and Infrastructure Security Agency (CISA). With applications, data and services made accessible only through the iboss Zero Trust Edge, cyber risk is greatly reduced, breaches and data loss are prevented, and visibility and security are delivered consistently throughout an organization.

FedRAMP is a US government-wide program that provides a standardized approach to security assessment, authorization, and continuous monitoring for cloud products and services.

About iboss, Inc.
iboss is a cloud security company that enables organizations to reduce cyber risk by delivering a Zero Trust service designed to protect resources and users in the modern distributed world. Applications, data and services have moved to the cloud and are located everywhere while users needing access to those resources are working from anywhere. Built on a containerized cloud architecture, iboss delivers security capabilities such as SWG, malware defense, browser isolation, CASB and data loss prevention to protect all resources, via the cloud, instantaneously and at scale. This shifts the focus from protecting buildings to protecting people and resources wherever they are located. Leveraging a purpose-built cloud architecture backed by 230+ issued and pending patents and more than 100 points of presence globally, iboss processes over 150 billion transactions daily, blocking 4 billion threats per day. More than 4,000 global enterprises trust the iboss Cloud Platform to support their modern workforces, including a large number of Fortune 50 companies. iboss was named one of the Top 25 Cybersecurity Companies by The Software Report, one of the 25 highest-rated Private Cloud Computing Companies to work for by Battery Ventures, and CRN’s Top 20 Coolest Cloud Security Companies of 2022.

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The Darwinistic nature of the cyber threat landscape ensures advancements in defender capabilities will be reciprocated by the refinement of threat actor tools and tactics, techniques and procedures (TTPs). The manifestation of these advancements in the underground allows us to monitor and analyze emerging threats early in their


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DATA SECURITY,PLATFORM SECURITY,SOFTWARE SECURITY

Fordefi Raises $18M Seed Round to Launch Institutional DeFi Wallet and Security Platform

Fordefi | November 09, 2022

Fordefi, a financial technology and software company, today announced an $18 million seed round and the public launch of its institutional MPC wallet built for transacting on decentralized applications (dApps). Led by Lightspeed Venture Partners, the investors of the firm's initial capital raise also include Electric Capital, Alameda Research, Jump Crypto, Castle Island, Pantera Capital, Illuminate Financial, PayPal Alumni Fund, Nima Capital, Digital Currency Group, Defiance Capital and StarkWare. "The Fordefi team is bringing to market a solution that addresses two of the biggest challenges in DeFi today: institutional-grade security and smart contract transparency," said Sam Harrison, Senior Advisor at Lightspeed Venture Partners and Managing Partner at Faction. "We are excited to support an experienced team bringing a powerful solution to market that directly solves pain points that have held institutions back from achieving the full potential of decentralized finance." "Wallet hacks made major headlines this year. Until now, decentralized finance was missing a secure, stable, and seamless way to connect to dApps," said Ken Deeter, Partner at Electric Capital. "Fordefi's single-browser extension paired with a top-notch institutional grade MPC wallet platform will unlock opportunities across DeFi for all crypto-native institutions. We're excited to be part of Fordefi's journey, as an investor, design partner and customer." Introducing the Fordefi Platform Co-founders Josh Schwartz, CEO, Dima Kogan, CTO, and Michael Volfman, Vice President of Research and Development, began developing the Fordefi platform in 2021, an unprecedented year for crypto adoption, as institutions took notice of the explosive growth and massive volumes of digital assets moved into the markets. A boom in the development of new blockchains and decentralized applications created opportunities for investing that institutions could not safely participate in, as available wallets had been designed years before and lacked the technology to securely and confidently connect them. "Decentralized finance is evolving quickly and its complexities require a dynamic solution," said Schwartz. "Legacy wallet providers are unable to meet the needs of institutions that want to access the new opportunities DeFi has created while ensuring their assets are protected. Fordefi has taken a DeFi-first approach and has built a solution engineered for how clients interact with dApps." "DeFi transactions are much more complex than simple asset transfers, and that's the key to DeFi's exciting new opportunities," said Kogan. "Unfortunately, this complexity also brings with it many new security risks. Fordefi enables institutions to interact with DeFi applications with increased operational efficiency and security through in-depth visibility into each transaction and the ability to set the right controls." A first of its kind wallet and security platform, Fordefi enables market participants to easily and securely connect to decentralized applications. Fordefi's platform is the only institutional MPC wallet on the market built for firms transacting on decentralized applications across blockchains. The solution delivers a previously unavailable degree of insight into transactions, translating smart contracts into language that users can understand, simulating every transaction in advance and independently verifying dApp names. Its advanced MPC key management capabilities are built to protect against any single point of failure, and the platform's unique policy management capabilities offer users the ability to create and define their own workflows, proactively protecting themselves from both internal and external vulnerabilities. "Fordefi has been a tremendous addition to our DeFi workflow. We've seen accelerated deployment efficiency across a comprehensive set of on-chain opportunities, alongside enhanced user intuitiveness and without compromising security." Shane Al, Head of Investments at Arc Capital and Fordefi design partner. "The Fordefi platform provides robust solutions for institutions to access thousands of DeFi opportunities with the highest levels of security. The platform is extremely customizable and allows us to manage our own policies and controls, ensuring a balance between flexibility and security - crucial for liquid fund strategies." Jacob Goh, Head of Operations & Investor Relations at DeFiance Capital, Fordefi investor and design partner. About Fordefi Fordefi's MPC wallet platform and Web3 gateway enables institutions to seamlessly connect to dApps across a wide range of chains while keeping digital assets secure. Fordefi is the first institutional MPC wallet and security platform built for decentralized finance (DeFi), offering MPC key management, self-serve DeFi policy controls, time-of-transaction smart contract insights, transaction simulation and risk alerts. Fordefi was founded in 2021 by crypto custody and cybersecurity experts, and designed in close collaboration with industry-leading trading firms, funds and custodians. Fordefi is a financial technology and software company with offices in New York and Tel Aviv. About Fordefi's Founders Josh Schwartz, Dima Kogan and Michael Volfman founded Fordefi after establishing themselves with decades of experience as leaders in crypto, cybersecurity, and financial services. Schwartz served as Chief Operating Officer at Curv, an institutional MPC wallet acquired by PayPal in 2021, and was Vice President of Sales at digital custody platform BitGo. Dr. Kogan's career spans more than 15 years in academia, industry and government. He received his PhD from Stanford with a specialization in applied cryptography and was awarded the "Best Young Researcher" prize at Eurocrypt 2018, the Theory of Cryptography Conference 2019, and Eurocrypt 2020. Volfman is an engineering manager with 20 years of experience in cybersecurity, serving as Vice President of R&D at Toka, was Chief Technology Officer and co-founder of an edtech startup, and a Director at Guardicore.

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ENTERPRISE IDENTITY,PLATFORM SECURITY,SOFTWARE SECURITY

Bearer Launches Data-First Security Solution

Bearer | November 15, 2022

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GreyNoise Intelligence Partner Network Launches in the Cybersecurity Arena

GreyNoise Intelligence | November 07, 2022

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GreyNoise also sharpens threat detection fidelity for mutual customers by providing valuable context on known malicious internet-wide scanners, speeding up the triage process. With GreyNoise data, technical partners have real time visibility into mass exploitation IPs targeting specific vulnerability, which provides critical actionable data during an active emergent attack. “Whenever a vulnerability is disclosed the dinner bell sounds for good and bad actors alike, meaning organizations are already on their back foot,” explains Robert Huber, chief security officer and head of research, Tenable. “We know threat actors are monitoring disclosure programs in the same way we are, looking for newly announced vulnerabilities, studying all available information such as proof of concepts, but they’re looking to utilize the flaw. OUr partnership with GreyNoise gives our customers the tools to address these weaknesses when they’re publicly announced. 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Integrating GreyNoise data directly into the platform of OEM partners enables customers to intelligently rule out internet background noise, and helps them to prioritize emerging threats and targeted activity more effectively. “Modern security teams need a fast, flexible and scalable platform for threat detection capable of analyzing terabytes of data per day, with built-in threat intelligence to rule out activity from trusted sources, and immediately flag activity from known bad actors,” said Jack Naglieri, CEO and founder, Panther Labs. “With Panther and GreyNoise, security teams can cut through background noise, improve alert fidelity, speed up analyst workflows and ensure prioritization of the most critical alerts. By making detection and response faster and more accurate, security teams can better protect their organizations from disruptive cyberattacks.” 3) GreyNoise Channel Resale Program. 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PLATFORM SECURITY,SOFTWARE SECURITY

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Stellar Cyber | December 20, 2022

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The Darwinistic nature of the cyber threat landscape ensures advancements in defender capabilities will be reciprocated by the refinement of threat actor tools and tactics, techniques and procedures (TTPs). The manifestation of these advancements in the underground allows us to monitor and analyze emerging threats early in their

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