Lionbridge Augments Artificial Intelligence Offering Through Acquisition of Gengo and Gengo.ai

Lionbridge | January 16, 2019

Today, Lionbridge, one of the world’s most trusted global communications platforms, announced its acquisition of Gengo, a Tokyo-based, leading edge technology company providing crowdsourcing, machine learning and localization services to global customers. Lionbridge has a 20-year history of leveraging its 500,000 linguistic experts to help the world’s largest companies expand their businesses on the global stage by providing machine learning data to make their platforms and products smarter and create content for a variety of industries. The acquisition of Gengo will strengthen Lionbridge’s position in the machine learning and content relevance markets. This purchase includes Gengo.ai, the company’s platform that provides AI training-data services delivered by a fast and efficient crowdsourced network of highly specialized contributors. “Gengo is a key acquisition for us that immediately complements our core strategic initiatives,” said John Fennelly, Lionbridge CEO. “It will accelerate our ability to penetrate new markets in the artificial intelligence space; it bolsters our human capital pool by bringing an extremely talented team assembled by Matthew Romaine into our company; and Gengo’s advanced technology platform will become a key part of our localization delivery system. In addition to those very tangible benefits, we’ll add to our already formidable capabilities in Asia, and this will give us a deeper set of technology tools to increase our market share in the local games and life sciences markets.”

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New technology can offer all kinds of business benefits, but it can also expose a company’s network to new risks. There are two main areas that every business should check and recheck before implementing new tools.


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SOFTWARE SECURITY

GuidePoint Security Achieves AWS Security Competency Status

GuidePoint Security | July 27, 2022

GuidePoint Security, a cybersecurity solutions leader enabling organizations to make smarter decisions and minimize risk, announced today that it has achieved the Compliance and Privacy distinction in the Amazon Web Services (AWS) Security Competency. This designation recognizes that GuidePoint Security has demonstrated and successfully met AWS’s technical and quality requirements for providing customers with a deep level of consulting services expertise in Compliance and Privacy to help them achieve their cloud security goals. Achieving the Compliance and Privacy distinction in the AWS Security Competency differentiates GuidePoint Security as an AWS Partner that provides specialized consulting services designed to help companies from startups and mid-sized businesses to the largest global enterprises to adopt, develop, and deploy security into their AWS environments, increasing their overall security posture on AWS. To receive the designation, partners must possess deep AWS expertise and deliver solutions seamlessly on AWS. “GuidePoint Security was an original AWS Security Competency launch partner and we are proud to be launch partner yet again for the updated AWS Security Competency program having achieved the Compliance and Privacy distinction,” said Anil Badruddin, Practice Director – AWS Cloud Security, GuidePoint Security. “Our team is dedicated to helping organizations achieve their security goals by combining our in-depth knowledge of technical solutions along with our deep expertise of the powerful security tools AWS provides.” AWS is enabling scalable, flexible, and cost-effective solutions from startups to global enterprises. To support the seamless integration and deployment of these solutions, AWS established the AWS Competency Program to help customers identify AWS Partners with deep industry experience and expertise. GuidePoint Security’s distinction for Compliance and Privacy is based on the following attributes: Specialized consulting service offerings including: cloud security assessments, cloud governance, solution design and implementation, and security automation The ability to develop enterprise-wide security playbooks to help organizations mature their cybersecurity programs Deep technical expertise for a wide range of third-party security solution providers and AWS native services to help customers identify, implement, and manage the right solutions for their environment and business Expertise in helping customers ensure Payment Card Industry Data Security Standard (PCI DSS) compliance on AWS (GuidePoint Security is certified as a PCI QSA) About GuidePoint Security GuidePoint Security provides trusted cybersecurity expertise, solutions, and services that help organizations make better decisions that minimize risk. Our experts act as your trusted advisor to understand your business and challenges, helping you through an evaluation of your cybersecurity posture and ecosystem to expose risks, optimize resources and implement best-fit solutions. GuidePoint’s unmatched expertise has enabled a third of Fortune 500 companies and more than half of the U.S. government cabinet-level agencies to improve their security posture and reduce risk.

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PLATFORM SECURITY

OpenText Security Cloud Powers and Protects Businesses

OpenText | June 03, 2022

OpenText™ , a global leader in information management, today announced an expanded suite of security solutions to address the heightened state of cyber security in today's vulnerable world. With OpenText, organizations of every size can protect their data and systems against evolving threats. OpenText is showcasing new and enhanced security offerings that strengthen cyber resilience for SMBs, government agencies, and enterprises at this year's RSA Conference in San Francisco at booths #4214, #4221 and #1535. Real-time threat intelligence is an essential component of a business's cyber resilience strategy. Further to the findings from the 2022 BrightCloud Threat Report, new quarterly findings released today from BrightCloud® Threat Intelligence show: 1122% increase in phishing in the first quarter of 2022 compared to 2021 Q1 phishing numbers, indicating a buck in the trend of hackers taking holiday in Q1; For the first time, Instagram broke into the top five most impersonated brands for phishing, demonstrating increased targeting of younger users; and 36.1% reduction in malware encounters for customers using both endpoint and DNS protection versus only endpoint protection, reinforcing the added efficacy benefit of securing DNS and using layered security. To ensure cyber resilience, organizations must deploy strong, multi-layered security and data protection policies to prevent, respond, and quickly recover from threats. OpenText has expanded its security offerings with new technology and increased capabilities that enable businesses to confidently power and protect information continuously at the data, application, infrastructure, and edge layers with intelligence and insights across the perimeter and endpoints. "With security risks escalating worldwide and a persistent state of evolving threats, compromises are inevitable, security remains job number one," said Mark J. Barrenechea, OpenText CEO and CTO. "Through our breadth of OpenText Security Cloud, we make it easier for businesses to increase their cyber resilience posture and protect themselves against threats. And if a vulnerability unfortunately leads to a breech, our solutions enable quick detection, response, and recovery to minimize disruption." "Texas Tech University Health Sciences Center, (TTUHSC), a large medical school serving more than 100 counties in the western portion of Texas, needed a trusted partner to help us protect our operations from cyberattacks. OpenText MxDR has been responding to our needs effectively and because it is a 24X7X365 service, our experience has been seamless," said TTUHSC, ISO, Lane Timmons. About OpenText OpenText, The Information Company™, enables organizations to gain insight through market leading information management solutions, powered by OpenText Cloud Editions.

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DATA SECURITY

DataTribe Announces Fourth Annual Cybersecurity Start-Up Challenge

DataTribe | July 29, 2022

DataTribe, a global cyber foundry that invests in and co-builds next-generation cybersecurity and data science companies, announced today the launch of its fifth-annual DataTribe Challenge. The competition is poised to identify and curate Pre-Series A, high-technology start-ups with a vision to disrupt cybersecurity and data science. Three finalists will split $20,000 in prize money, and one winner will be eligible to receive up to $2 million in seed capital from DataTribe. In 2021, the Challenge had two winners: Quickcode.ai and ContraForce. Quickcode.ai helps non-technical experts build machine learning training data with unprecedented speed and accuracy while ContraForce is the only platform to make comprehensive cybersecurity easy, effective, and accessible for the small to midsize enterprise. “Over the last five years, the Challenge has evolved into an excellent platform for entrepreneurs to not only get exposure and feedback — but to actually fundraise. For the winner, it could take care of their entire seed round. We’re always humbled by the quality of submissions — as founders look over the horizon to chart the future of cyber. The Challenge is a lot of fun and we look forward to working with participants.” John Funge, Managing Director of DataTribe Mike Janke, Co-founder of DataTribe said, “The Challenge is the top cybersecurity startup competition in the world. We are inspired by the founders that participate and the innovations they present. We’re honored to be able to use all the resources we have at DataTribe to co-build with entrepreneurs, giving them an unfair advantage and creating the next generation of market-leading companies.” In June 2021, Synopsys acquired the winner of the 2019 Challenge, Code Dx, a software security testing orchestration, correlation, and prioritization platform. The exit was a demonstration of the Challenge’s ability to draw top cybersecurity solutions, as well as of the success of the DataTribe model of partnering with over the horizon technology coming out of national security agencies. DataTribe invites contestants to join the Challenge who have developed a robust concept and/or initiated development of a minimal viable product (MVP) – i.e., a product developed with sufficient features to entice early adopters. The firm anticipates a strong showing from teams with experience working in national security, defense, national laboratories, or at organizations specializing in cybersecurity and data science R&D. Applicants will have until August 31, 2022 to enter an application. DataTribe will review submissions for technical merit, market potential, and readiness of the team. On October 12, 2022, DataTribe will announce up to three finalists. These teams will then have 3 weeks to refine their pitch and prepare for final judging, with assistance from DataTribe’s team of startup veterans. In a live event, finalists will present a pitch and answer questions from a panel of esteemed judges on November 3, 2022. “Winning the 2021 DataTribe Challenge was a major catalyst in achieving the product and market momentum necessary to grow our customer base,” said Stan Golubchick, ContraForce Co-Founder and CEO. “DataTribe is more than just an investor. Their unique foundry approach is a true partnership, adding the experience, support, and knowledge of successful company-builders to our team.” About DataTribe DataTribe is a startup foundry that invests in and co-builds world-class startups focused on generational leaps in cybersecurity and data science. DataTribe was launched in 2015 with the vision of empowering technologists in the Washington, D.C. region to build and grow successful companies.

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PLATFORM SECURITY

Cloud Security Alliance Offers Governance Best Practices for Protecting Data Throughout Software-as-a-Service (SaaS) Lifecycle

Cloud Security Alliance | June 10, 2022

The Cloud Security Alliance (CSA), the world’s leading organization dedicated to defining standards, certifications, and best practices to help ensure a secure cloud computing environment, today released Software-as-a-Service (SaaS) Governance Best Practices for Cloud Customers. Drafted by the SaaS Governance Working Group, the paper provides a baseline set of SaaS governance best practices for protecting data within SaaS environments, enumerates and considers risks according to the SaaS adoption and usage lifecycles, and finally, provides potential mitigation measures from the SaaS customer’s perspective. The SaaS environment ultimately presents a shift in the way organizations handle cybersecurity that introduces a shared responsibility between producers and consumers. While the domain of cloud adoption and security continues to evolve, not much guidance is available regarding SaaS governance and security. This, despite the reality that increasingly, different departments within an organization (Shadow IT) are occasionally utilizing SaaS offerings to power their critical business processes and functions and often storing sensitive data in SaaS environments. “SaaS requires a different security governance mindset. Because SaaS apps allow businesses to quickly and easily optimize business operations, adoption has come at the price of security. Few recognize how complex the configuration and permission settings of SaaS apps can be, which results in numerous misconfigurations, giving attackers the potential to access sensitive data,” said Amir Ofek, CEO of AxoniusX, the new innovation unit of Axonius, which sponsored the paper. “By following a widely adopted security framework, such as NIST CSF, coupled with the best-practices and recommendations in this document, organizations will be able to better establish SaaS governance and security processes to mitigate risk associated with SaaS usage, eliminate misconfigurations, and gain full control over their entire SaaS environment.” “While SaaS offers tremendous opportunities for organizations to change the way they operate, consume innovative capabilities, and offload many of the operational burdens associated with both creating and maintaining applications, it isn’t without its concerns. As organizations continue to adopt SaaS-based applications and solutions, traditional organizational cybersecurity must be updated to reflect this new operating model. Failing to do so can increase the potential risk and ramifications of security incidents associated with the consumption of SaaS.” Chris Hughes, co-founder and CISO at Aquia and project lead/lead author of the paper The guide defines three necessary components that, when combined into a cohesive strategy, can provide integrated security for SaaS systems and solutions: Process security. Protects the integrity of procedural activities to ensure the input and output of processes aren’t easily compromised. These are the managerial aspects, including policies and procedures, to ensure that an organization’s processes are consistent. Platform security. Deals with the security strength of the platform and the underlying dependencies of a SaaS service. These include the SaaS infrastructure, operating systems, and its potential suppliers. Application security. Deals with the security of the SaaS application itself. A SaaS application can only stay secure if it does not contain exploitable vulnerabilities and has implemented hardened configurations aligned with organizational and vendor security best practices, as well as compliance requirements. The Software-as-a-Service (SaaS) Governance Working Group aims to benefit all parties in the SaaS ecosystem by supporting a common understanding of SaaS related risks from the perspectives of the cloud customer and cloud service provider. Individuals interested in becoming involved in future research and initiatives are invited to join the working group. SaaS Governance Best Practices for Cloud Customers was sponsored by Axonius, a leader in cybersecurity asset management and SaaS management. CSA research prides itself on vendor neutrality, agility, and integrity of results. Sponsors are CSA Corporate Members who support the findings of the research project but have no added influence on the content development or editing rights to CSA research. About Axonius Axonius gives customers the confidence to control complexity by mitigating threats, navigating risk, automating response actions, and informing business-level strategy. With solutions for both cyber asset attack surface management (CAASM) and SaaS management, Axonius is deployed in minutes and integrates with hundreds of data sources to provide a comprehensive asset inventory, uncover gaps, and automatically validate and enforce policies. Cited as one of the fastest-growing cybersecurity startups, with accolades from CNBC, Forbes, and Fortune, Axonius covers millions of assets, including devices and cloud assets, user accounts, and SaaS applications, for customers around the world. About Cloud Security Alliance The Cloud Security Alliance (CSA) is the world’s leading organization dedicated to defining and raising awareness of best practices to help ensure a secure cloud computing environment. CSA harnesses the subject matter expertise of industry practitioners, associations, governments, and its corporate and individual members to offer cloud security-specific research, education, training, certification, events, and products. CSA's activities, knowledge, and extensive network benefit the entire community impacted by cloud — from providers and customers to governments, entrepreneurs, and the assurance industry — and provide a forum through which different parties can work together to create and maintain a trusted cloud ecosystem.

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New technology can offer all kinds of business benefits, but it can also expose a company’s network to new risks. There are two main areas that every business should check and recheck before implementing new tools.

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