ENTERPRISE IDENTITY,PLATFORM SECURITY,SOFTWARE SECURITY
Bearer | November 15, 2022
Bearer, the data-first security software company, today announced the general availability of the Bearer Data Security Platform. Based on extensive interviews with more than 130 enterprise CISOs at high-growth and global 2,000 companies, Bearer is in beta use across multiple industries with one customer protecting the private data of more than 75 million medical patients.
“At Bearer, we strongly believe the best approach for a data-first security approach is to start at the beginning of the journey, following the shift-left security trend. “Data-first security should start in the code. And to be truly effective, it should never impede developers and never allow access to private data itself while still providing ownership context and protecting against vulnerabilities created in the business logic of an application or service.”
said Guillaume Montard, CEO and co-founder of Bearer
Why Bearer Data Security Platform Now
Data security is becoming a top priority for businesses, with customers and governments demanding better data protection driven by the demands of GDPR, CCPA, PDPA and more. Bearer’s detection engine protects PD, PHI, PII and financial data.
Cloud native organizations have more complex and fragmented architectures than ever before, making properly-implemented data security risk controls impossible without a proper solution. More than two-thirds of the enterprise 2,000 are focusing on cloud-native applications.
DevSecOps is gaining huge traction. 57% of security teams have shifted security left already or are planning to this year, making them ready to use a solution such as Bearer.
Bearer has been tested on more than 20,000 open source software projects as well as more than 6,000 data repositories at beta users, partners and early customers.
The Bearer Data Security Platform
Bearer is a SaaS platform that enables scalable deployments and workflow automation for security management. It discovers sensitive data flows automatically by continuously scanning source code and associated metadata. By monitoring data security risks proactively, it can automatically detect gaps within data security policies during coding and in production. Finally, it can remediate data security issues at a massive scale, giving developers immediate actionable advice on how to mitigate as well as prioritize an issue.
Bearer accomplishes these results through three major innovations:
Identification of data security risks – Including business logic flaws: Bearer pinpoints data security technical and business logic flaws in code before it’s too late and costly to correct. It then provides actionable context and ownership information to fix issues quickly – in minutes. Before Bearer, pinpointing business logic flaws could only be achieved manually – often left ignored.
Frictionless deployment: Bearer is a data security SaaS solution that fits into the development cycles of Global 2000 enterprises without requiring any changes to how software engineering teams work. Additionally, Bearer does not require access to the underlying source code nor the sensitive data itself.
Extreme automation: Designed by developers for developers in a world of constant code iterations, Bearer automates the burden of data security compliance for software engineers so they don’t have to become experts on data security regulations across different global markets. Security and compliance teams love how Bearer prioritizes the most critical issues in remediation workflow to allow for speedy resolution between security and development.
Bearer, the data-first security software company, pioneered a solution for developers to automatically detect sensitive data flow and data security risks while coding. Its policy engine proactively monitors data security policies before releasing code and its unique remediation workflow prioritizes the most critical issues – including business logic flaws – for quick resolution between security and engineering teams. Venture-backed with more than $8 million in seed financing, Bearer is used in markets where privacy protection and data security are business-critical, including eCommerce, financial services, and healthcare.
DATA SECURITY, ENTERPRISE IDENTITY
Cervello | October 19, 2022
Cervello, a global leader in rail cybersecurity, announced today a new strategic partnership with ST Engineering, a global technology, defense, and engineering group, to incorporate ST Engineering’s cybersecurity services as part of Cervello's patented rail security solution for rail operators and infrastructure managers. This partnership, which has already proven its value by securing the operations of one of the busiest rail networks in APAC, enhances Cervello's ability to offer and support its solution globally.
“We are pleased to officially announce our already proven strategic cooperation with ST Engineering, a proven technology and engineering powerhouse, as a significant step toward Cervello's continued global expansion,” states Roie Onn, Cervello's CEO & Co-Founder. “Combining ST Engineering’s decades of experience in empowering cyber resilience across various sectors, together with Cervello’s unparalleled expertise in rail-specific security, we are able to globally support rail organizations with cybersecurity solutions and services that enable them to operate more safely and efficiently.”
“Threats in the cyber-physical world are growing at an exponential rate and conventional ways of securing systems and assets are no longer sufficient. “The joint cybersecurity capabilities of ST Engineering and Cervello allow us to build a more comprehensive effective suite of cybersecurity rail solutions that is reliable and ensures business continuity for rail operators."
Goh Eng Choon, President, Cyber, ST Engineering
Cervello accelerates rail digital transformation by securing the industry’s infrastructure and operations from cyber threats. Cervello offers the industry's leading dedicated rail security platform, enabling rail companies to safely deliver connected service. Cervello’s platform gives you the confidence to see, secure, and manage all assets connected to your critical network, combining OT, IoT, IT and physical systems, and turn the associated data into a powerful resource. This means the end of any compromise between security, safety and usability – put simply, this allows you to operate with confidence. The world’s leading rail operators and infrastructure managers trust Cervello to minimize threats and prevent cybersecurity incidents, thereby increasing their safety, reliability, business continuity and service availability.
DATA SECURITY, SOFTWARE SECURITY, WEB SECURITY TOOLS
DartPoints | September 21, 2022
DartPoints®, the leading edge digital infrastructure provider, launches its updated managed detection and response (MDR) product, which combines MDR, endpoint detection and response (EDR), security orchestration, automation and response (SOAR), and extended detection and response (XDR) into one complete solution with support and monitoring by DartPoints experts. With ransomware and other cybersecurity incidents striking more than ever, DartPoints' MDR solution quickly detects threats 24x7 across endpoints, network, cloud, and SaaS applications.
"Executives and security leaders know they need a multi-layered cybersecurity strategy that combines MDR, EDR, SOAR, and XDR solutions, but increasingly, they don't have the in-house resources to make that happen. "Plus, with the hundreds of tools and providers on the market, analysis paralysis sets in. We are proud to help our clients by bringing these best-in-class security vendors and technologies together into one comprehensive, airtight solution."
Brad Alexander, CTO for DartPoints
DartPoints' enhanced MDR offering addresses many weaknesses in legacy antivirus and security solutions, including the overwhelming high volume of alerts and false positives. Offering advanced threat detection, continuous threat hunting, and 24x7 monitoring and investigations, the solution is built for high-risk, compliance-sensitive verticals, including finance, government, manufacturing, education, and healthcare. Organizations with compliance, standard, or framework requirements, those looking to obtain or renew cyber insurance, and those without their own security operations center will find the enhanced product especially beneficial.
Outlined in Accenture's State of Cybersecurity Resilience 2021 report, a global survey of nearly 4,800 executives found an average of 270 cyberattacks per company in 2021, a jump of 31% compared with the previous year. Meanwhile, ransomware attacks nearly doubled in 2021. IBM's latest Cost of a Data Breach Report finds that the average cost of a data breach is at an all-time high in 2022: $4.35 million.
DartPoints is the leading digital infrastructure provider enabling next-generation applications at the edge. By weaving together cloud, interconnection, colocation, and managed services, DartPoints enables edge ecosystems for enterprises, carriers, and cloud and content providers. DartPoints is building tomorrow's distributed digital infrastructure while serving today's cloud and colocation needs — and helping to bridge the digital divide.
DATA SECURITY, ENTERPRISE IDENTITY
Keeper Security | September 15, 2022
Keeper Security, the leading provider of zero-trust, zero-knowledge and FedRAMP Authorized cybersecurity software, today released findings from its second annual Cybersecurity Census. The report explores insights from IT decision-makers at businesses and organizations across the U.S., revealing that most respondents expect the onslaught of cyberattacks to intensify over the next year, yet 32% lack a management platform for IT secrets–posing a significant risk to organizational security.
The 2022 U.S.Cybersecurity Census Report explores the ongoing threats of cyberattacks and the need for cybersecurity investment. The report maps the evolving cybersecurity landscape as hybrid and remote work have transformed businesses over the past two years. According to survey findings, the average U.S. business experiences 42 cyberattacks annually—between three to four each month. Still, fewer than half (44%) of respondents provide their employees with guidance or best practices for governing passwords and access management.
IT leaders reveal a lack of preparedness for cyberattacks
U.S. businesses face many cyberattacks each year, significantly impacting their organizations. Most respondents agree the total number of attacks will increase over the next year, with 39% predicting the number of successful cyberattacks will also rise.
Most organizations in the U.S. believe they're prepared to fend off cyberattacks, with 64% of respondents rating their preparedness at least an eight on a 10-point scale and 28% rating themselves as a 10/10. At the same time, the majority of respondents (57%) say it is taking longer to respond to attacks and only 8% say responses are getting faster.
Though most report feeling prepared for attacks, leaders admit their tech stacks lack essential tools.
Nearly one-third of respondents (32%) lack a management platform for IT secrets, such as API keys, database passwords and privileged credentials.
84% are concerned about the dangers of hard-coded credentials in source code but 25% don't have software to remove them.
More than one-quarter of respondents (26%) said they lack a remote connection management solution to secure remote access to IT infrastructure. With the rise in hybrid work and remote work, this is a significant security gap.
This lack of investment in cybersecurity tools is alarming, especially considering the lasting impact of cyberattacks that survey respondents revealed.
Nearly one-third (31%) suffered a disruption of partner or customer operations in the wake of a cyberattack and the same percentage experienced theft of financial information.
18% of organizations experienced theft of money, with the average amounting to more than $75,000, while 37% lost $100,000 or more.
23% experienced the inability to carry out business operations.
In addition to direct costs, cyberattacks can cause lasting damage to business perception and client trust. More than one-quarter of respondents (28%) suffered reputational damage due to a successful cyberattack and 19% reported losing business or a contract.
"The volume and pace at which cyberattacks are hitting businesses is increasing and with that come severe financial, reputational and organizational penalties," said Darren Guccione, CEO and co-founder of Keeper Security. "Leadership must prioritize cybersecurity, enabling their security teams to address rapid shifts in technology and distributed remote work. The impact these shifts have on cybersecurity are both pervasive and extreme. Building a culture of trust, accountability and responsiveness is critical."
U.S. businesses must take immediate action against cyber threats
Cybersecurity is a pillar of every good business and these findings underscore the need for business leaders to make cybersecurity a part of organizational culture. U.S. business leaders are working to source the necessary talent to stay secure. Nearly three-quarters (71%) of respondents have made new hires in cybersecurity over the past year and 58% say they've increased cybersecurity training.
A devastating cyberattack is one stolen password away, but despite this threat, fewer than half (48%) of respondents state they have plans to invest in password management, visibility tools for network-based threats or infrastructure secrets management.
Only 44% of respondents provide their employees with guidance and best practices governing passwords and access management.
30% of respondents allow employees to set and manage their passwords and admit that employees often share access to passwords.
A mere 26% have a highly sophisticated framework for visibility and control of identity security.
Many organizations are considering future investments with 73% of respondents expecting their cybersecurity budgets to increase. However, they face being outmatched by rising external threats and the demands created by existing weaknesses.
Cybersecurity in company culture
Employees understand the dangers of both external and internal threats. An overwhelming 79% of IT professionals are concerned about a breach from within their organization and 47% have suffered a breach of that nature. As more employees work remotely, businesses must rethink their investments in order to maintain security. In fact, 40% of respondents highlighted remote and hybrid work as a top concern, with rising external threats close behind at 39%.
IT leaders themselves admit a lack of transparency in cyber incident reporting within their organizations, with nearly half of respondents (48%) being aware of a cyberattack, but keeping it to themselves. Businesses must foster a sense of trust and transparency in their organizations, creating an open dialogue to recognize the scale of the cybersecurity challenges their organization faces. Only with that recognition can resources be devoted to education and embedding a cybersecurity mindset into the organization's culture.
Keeper's 2022 U.S. Cybersecurity Census Report demonstrates that cyberattacks present a profound and ongoing threat. Preventative measures, including investment, education and cultural shifts, are essential for businesses to drive resilience and protect their organizations from cybercriminals.
The report yielded results from 516 IT leaders and decision-makers in businesses across the U.S.
About Keeper Security
Keeper Security, Inc. ("Keeper") is transforming the way organizations and individuals protect their credentials, secrets, connections and sensitive digital assets to significantly reduce the risks of identity security-related cyberattacks, while gaining visibility and control. Keeper is the leading provider of zero-trust and zero-knowledge security cloud services trusted by millions of people and thousands of organizations for password management, secrets management, privileged access, secure remote infrastructure access and encrypted messaging.