DATA SECURITY

LogPoint introduces native SOAR into core SIEM offering, advancing cybersecurity automation and efficiency

PR Newswire | September 22, 2021

LogPoint, the global cybersecurity innovator, announced the successful completion of its acquisition of Tel Aviv-based SecBI. SecBI's universal SOAR and XDR technology will integrate natively with LogPoint to form an integrated, foundational Security Operations platform. SOAR will be released with LogPoint 7.0 in December 2021, and XDR will be introduced in Q2 2022.

"With the tidal wave of cyberattacks threatening businesses and societies across the globe, a disruption of the way organizations respond to cybersecurity incidents is required," said Jesper Zerlang, CEO LogPoint. "Building on LogPoint SIEM and UEBA to effectively detect threats, orchestration and automation of the response to incidents is key to advancing cybersecurity. Consequently, SOAR will be a capability included in LogPoint to advance foundational cybersecurity."

With the release of LogPoint 7.0, all present and future LogPoint customers will be immediately able to apply SOAR to their security operations at the click of a button, automating repetitive tasks, orchestrating threat remediation workflows, and enabling autonomous investigation, prioritization, and execution of playbooks that reduce human involvement and speed up incident response. Customers will receive SOAR capabilities within their LogPoint Core SIEM license.

"LogPoint SOAR has been in production with select customers over the past few months and we're thrilled with the overwhelmingly positive feedback that analysts have more confidence that incidents are dealt with appropriately thanks to the automatic playbooks," said Christian Have, CTO, LogPoint. "Our customers have reported a significant decrease in the time it takes to detect and respond to a phishing email – down from three hours with manual processes to 10 minutes with automated LogPoint SOAR playbooks."

In today's cybersecurity market, SOAR is employed mainly by larger enterprises and managed security service providers (MSSPs) handling a considerable number of incidents. Integrating native SOAR into LogPoint will dramatically increase the effectiveness and precision of incident response without the need for dedicated management resources, making it an attractive option for organizations of all sizes, including mid-market cybersecurity.

"SOAR is not only about coping with the increasing number of cybersecurity incidents. By including SOAR in the LogPoint SIEM solution, we will enable organizations of all sizes, especially companies that do not have a fully-staffed 24/7 Security Operations Center (SOC), to establish proper and relevant incident-handling processes and dramatically increase quality and speed in their response capabilities," said Have. "It also helps those organizations assess the efficiency of new cybersecurity tools and measures."

The acquisition was first announced on September 1, 2021. Following finalization, SecBI will fully integrate into LogPoint's organization. The new team will make key contributions to LogPoint's continued development: SecBI founder and VP of Business Development Doron Davidson has been appointed LogPoint's VP of Global Services and will lead LogPoint Israel as the company expands its presence in Tel Aviv.

The LogPoint move to acquire SecBI and integrate its SOAR and XDR technology into the LogPoint solution is recognized by industry analysts. In a recently published research brief by Omdia headlined "LogPoint Adds SOAR via SecBI Acquisition, Builds Momentum as a Top-Tier SecOps Vendor," analyst Eric Parizo concludes:

"Already a strong SIEM player in Europe, LogPoint's new SOAR and XDR offerings, combined with its own notable TDIR advancements, position the vendor to compete globally for a growing share of enterprise customers."

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WEB SECURITY TOOLS

Star Atlas Launches Initiative to Establish Web3 Security Framework

Star Atlas | May 25, 2022

Star Atlas, a next-gen metaverse with triple-A game design and Unreal Engine 5 graphics built on the Solana blockchain, today announced an expanded focus on security to ensure consumer protection and digital safety in the metaverse. This multi-pronged initiative includes signing Kudelski Security, the cybersecurity division of the Kudelski Group - the world leader in digital security, and the forefront leader in providing security solutions for major blockchain-based applications, exchanges, and ecosystems - as its security partner. Kudelski Security will perform ongoing audits and analysis to help ensure the integrity of the Star Atlas metaverse is maintained and both partners will work together to explore setting standards for web3 security. "We are pleased to partner with the team at Kudelski Security to advance the digital security of our fast-expanding metaverse," said Michael Wagner, Co-Founder and CEO of ATMTA, Inc., the principal development studio of Star Atlas. "We understand there is a lot of skepticism when it comes to web3 and security, so we want to be proactive by partnering with one of the top cybersecurity firms to help make sure our community feels safe. Protection of assets is paramount, and we look forward to working with Kudelski Security to establish the best practices for security when it comes to web3 gaming." As security auditor of record, Kudelski Security will increase the safety and security of the Star Atlas metaverse by testing the protocols and looking for potential vulnerabilities to be addressed. Star Atlas players will have greater assurance that the metaverse has been built securely and tested rigorously, and that Star Atlas has taken the necessary action to become the leader in the web3 space when it comes to security. The relationship with Kudelski Security goes beyond the hardening of the Star Atlas environment. Star Atlas is looking to expand collaborations with the wider Group to focus on new standards that can help to transition companies and projects into web3, including security standards, tokenization, and best practices in web3 gaming. By developing standard technology and processes that enable safe and secure on-chain gaming, players will be protected from the hacks that currently plague web3 and some of the main barriers to wider stakeholder adoption will be lowered. "Web3 is growing rapidly, and we are seeing more need for developing a security standard that is adopted across the industry to act as a framework. This is why we are excited to partner with a native web3 leader like Star Atlas and to come together to solve potential security issues before they arise." Andrew Howard, CEO of Kudelski Security In addition to Kudelski Security's blockchain and cybersecurity experience, the Kudelski Group is recognized as global leaders in digital security – with specialized expertise in encryption, anti-piracy, watermarking, cryptography, and digital rights management. Executives from Star Atlas, the Kudelski Group, Kudelski Security, and NAGRA Kudelski are meeting during the World Economic Summit in Davos, Switzerland, to further discuss establishing a framework for securing the web3 ecosystem. ABOUT STAR ATLAS Star Atlas is a next-gen gaming metaverse emerging from the confluence of state of the art blockchain, real-time graphics, multiplayer video game, and decentralized financial technologies. Real-time graphics technology using Unreal Engine 5's Nanite allows for cinematic quality video game visuals. Blockchain technology using the Solana protocol establishes a largely serverless and secured gameplay experience. Non-fungible tokens obtained and traded within Star Atlas creates an economy that replicates the tangibility of real world assets and ownership.

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DATA SECURITY

Futurex Announces Support for Google Cloud External Key Manager

Futurex | October 12, 2021

Futurex’s key management technology and Google Cloud EKM give customers more control over encryption keys to maximize data security, privacy, and compliance BULVERDE, Texas, October 12, 2021 — Futurex, a leader in hardened, enterprise-class data security solutions, today announced support for Google Cloud External Key Manager (EKM), giving customers more control over encryption keys. Google Cloud EKM gives users full separation between their data and encryption keys, enabling users to create, store, and manage their encryption keys in a third-party key management service (KMS) — such as Futurex’s key management servers (KMES). Users can turn to Futurex KMES Series 3, a FIPS 140-2 Level 3-validated key management enterprise server, or Futurex's VirtuCrypt cloud service to handle all cryptographic key lifecycle management to maximize data security, privacy, and compliance. “We continue to add security and flexibility for Google Cloud users, giving them full control of the location, distribution, and access of their externally-managed keys,” said Bahul Harikumar, Head of Infrastructure Security Partnerships at Google Cloud. “Google Cloud EKM and Futurex give users more security options and more control.” Futurex’s robust key management platform is globally available and highly scalable, providing a versatile, external key service using fully-validated HSM and cloud technology. In addition to solutions for Google Cloud External Key Manager, Futurex’s KMES Series 3 offers: Cloud key management Data protection Public key infrastructure (PKI) Certificate Authority (CA) Code signing Vaultless tokenization Integration with numerous 3rd-party applications and services “Google Cloud’s commitment to encryption is evidenced by its support for external key management partners and we are thrilled to support Google Cloud EKM with our FIPS 140-2 Level 3-validated systems,” said Ryan Smith, vice president, global business development, at Futurex. “Futurex’s centralized encryption makes everything easier by fulfilling multiple key management use cases in a single platform.” Futurex’s Google Cloud EKM can be deployed via Futurex on-premises key management servers, Futurex’s VirtuCrypt Cloud, or an on-premises/cloud hybrid. For more information on Futurex’s support for Google Cloud EKM, visit futurex.com. Google Cloud will be showcasing its Cloud EKM at its Google Cloud Next ‘21 conference, taking place October 12-14, 2021. About Futurex For more than 40 years, Futurex has been a trusted provider of hardened, enterprise-class data security solutions. More than 15,000 organizations worldwide, including financial services providers and corporate enterprises, have used Futurex’s innovative hardware security modules, key management servers, and enterprise-class cloud solutions to address their mission-critical systems, data security, and cryptographic needs. This includes the secure encryption, storage, transmission, and certification of sensitive data. For more information, please visit futurex.com.

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DATA SECURITY

Dataprise Expands its DRaaS and Data Protection Offerings with Acquisition of Industry Leader Global Data Vault

Dataprise | January 18, 2022

Dataprise, a leading strategic IT managed service provider, today announced the acquisition of Global Data Vault, a leader in Disaster-Recovery-as-a-Service (DRaaS), Backup-as-a-Service (BaaS) and modern data protection solutions. The addition of Global Data Vault creates one of the industry's broadest portfolios of integrated data protection and cybersecurity offerings to solve client's toughest business resilience, risk mitigation and compliance challenges. "Clients turn to Dataprise to be their one strategic IT partner, which requires we bring the broadest portfolio of services powered by the best technology and deepest expertise. Today, the mandate for a holistic cybersecurity and data protection strategy is a top priority for our clients, Global Data Vault is a powerful addition as they bring industry leading cloud-based data protection solutions that bolster our premier cybersecurity portfolio, top-notch employees, a strong Veeam partnership, and relentless focus on client success." Steve Lewis, CEO of Dataprise Founded in 2004, Global Data Vault is a recognized leader in the BaaS and DRaaS industry and holds the distinction of being a Platinum Veeam Cloud & Service Provider. Global Data Vault's mission is to protect organizations' critical data with modern data protection strategies to ensure business continuity and eliminate downtime. Headquartered in Dallas, TX, Global Data Vault protects hundreds of clients across the United States, Canada, and the United Kingdom. "Our clients are facing new challenges driven by dramatic changes in the cybersecurity threat landscape and evolution of IT strategies including cloud adoption," said Anthony Galley, Chairman of Global Data Vault. "Dataprise has an enviable portfolio of cybersecurity, managed IT services, and cloud services that enhance the value of our modern data protection and DRaaS offerings. Together with Dataprise we are perfectly positioned to provide our clients even greater value." "We're excited for the opportunity that joining Dataprise presents for our clients, employees and partners. We now have a much broader set of services, capabilities and resources all aimed at protecting client data and ensuring business continuity," said Will Baccich, CEO of Global Data Vault. This marks Dataprise's second acquisition as the company executes on its strategy to build the broadest managed services portfolio and give clients one strategic IT partner to solve it all. The recent acquisition of Wireless Watchdogs added a comprehensive Mobility Managed Services (MMS) and Mobile Device Management (MDM) portfolio aimed at solving mobile device, Internet of Things (IoT) and endpoint management challenges. About Dataprise Founded in 1995, Dataprise believes that technology should enable our clients to be the absolute best at what they do. This commitment to client success is why Dataprise is recognized as the premier strategic managed service and security partner to strategic CIOs and IT leaders across the United States. Dataprise delivers best-in-class managed cybersecurity, disaster recovery as a service (DRaaS), managed infrastructure and managed end-user services that transform business, enhance user experiences, and eliminate risks.

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DATA SECURITY

Wipro to Acquire Edgile to Strengthen its Leadership in Strategic Cybersecurity Services

Edgile | December 24, 2021

Wipro Limited, a leading global information technology, consulting and business process services company, today announced it has signed an agreement to acquire Austin, Texas headquartered Edgile, a transformational cybersecurity consulting provider that focuses on risk and compliance, information and cloud security, and digital identity. Edgile is recognized by security and risk leaders for its unique business-aligned cybersecurity capability, deep understanding of the changing regulatory environment and enabling cloud transformations that help secure the modern enterprise. In addition, the company’s “strategy-first” approach and “Quick Start” solutions will allow the combined entity to deliver enhanced value in strategic cybersecurity services. Together, Wipro and Edgile will develop Wipro CyberTransform™, an integrated suite that will help enterprises enhance boardroom governance of cybersecurity risk, invest in robust cyber strategies, and reap the value of practical security in action. In collaboration with an extensive roster of alliance partners from Wipro and Edgile, Wipro CyberTransform™ will enable organizations to accelerate their digital transformation and operate in virtual, digital supply chains all in a highly secure manner. “Adding Edgile’s strategic consulting capabilities and launching Wipro CyberTransform™ are significant milestones on our journey to becoming the trusted partner to security leaders and boardroom stakeholders. I see the team blending very well with Wipro’s CyberSecurists to deliver transformational cybersecurity on a global scale.” Tony Buffomante, Senior Vice President & Global Head – Cybersecurity & Risk Services, Wipro Don Elledge, Chief Executive Officer, Edgile, said, “We are immensely thrilled to join Wipro, a company we admire for its values and deep technology capabilities. Our collective full spectrum of cybersecurity risk consulting and security management capabilities will help our global customers to continue to securely embrace their digital transformation journey and sustain their on-going risk management priorities.” Earlier this year, Wipro strengthened its cybersecurity business by acquiring Ampion, a leading provider of cybersecurity services in Australia, and the cybersecurity practice at Capco, a leading consultancy in the BFSI sector in Europe and the US. Additionally, through its Wipro Ventures arm, the company continues to invest in innovative cybersecurity start-ups, demonstrating the firm’s strong commitment towards providing industry leading cybersecurity solutions across sectors and regions. Abry Partners, a minority private equity investor in Edgile, will fully exit its investment in Edgile as a result of this transaction. Piper Sandler acted as financial advisor to Edgile and Stone Key Partners LLC acted as financial advisor to Wipro for the transaction. About Wipro Limited Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading global information technology, consulting and business process services company. We harness the power of cognitive computing, hyper-automation, robotics, cloud, analytics and emerging technologies to help our clients adapt to the digital world and make them successful. A company recognized globally for its comprehensive portfolio of services, strong commitment to sustainability and good corporate citizenship, we have over 220,000 dedicated employees serving clients across six continents. Together, we discover ideas and connect the dots to build a better and a bold new future. About Edgile Edgile is the trusted leader in cybersecurity transformation and risk services partnering with the world’s leading organizations, including 31% of the Fortune 100 and 20% of the Fortune 500. Our strategy-first model optimizes today’s enterprise journey to the cloud and modernizes identity and security programs through a risk lens and expert compliance knowledge. We secure the modern enterprise by transforming risk into opportunity with solutions that increase business agility and create a competitive advantage for our clients.

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