Midstream Oil and Gas Field Cybersecurity Preparedness Overconfident

prnewswire | October 01, 2020

Jones Walker LLP today publicly released the findings of its 2020 Midstream Oil and Gas Cybersecurity Survey, examining cybersecurity preparedness in North America-based independent midstream oil and gas companies. The findings will be presented during a webinar hosted by the Institute for Energy Law at the Center for American and International Law today at 12:30 p.m. CT. The results reflect the responses of 125 key executives, security and compliance officers, and general counsel, and confirm that cybersecurity remains a top concern for the midstream sector of the oil and gas industry — especially as companies grapple with the worldwide economic downturn, the reduction in commodity prices, and the increased dependence on remote work and autonomous systems due to the global COVID-19 pandemic.

Spotlight

95 % of security breaches involve human error. Yet, only 11% of global companies conduct monthly awareness training. Mimecast Awareness Training delivers effective online security training to employees in roughly three minutes a month. Each monthly training module is anchored on a short video in the contemporary workplace and driven by characters your employees will recognize all too well.


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DATA SECURITY

Security Tops Retailers’ Wish Lists this Holiday Season

Futurex | November 17, 2021

Record sales expected in 2021, along with hackers; Futurex recommends point-to-point encryption for retailers to protect cardholder data BULVERDE, Texas, November 17, 2021 — As we enter the biggest retail season of the year, transactions are increasing, as are the numbers of hackers and skimmers — targeting shoppers’ cardholder data. The last thing retailers need to worry about is cyber threats that lead to ransomware or data breaches, as they welcome shoppers and juggle supply chain disruptions. Futurex, a leader in hardened, enterprise-class data security solutions, recommends retailers implement point-to-point encryption (P2PE) to encrypt cardholder data at the point of sale to keep it safe from malware that might be spying on network traffic and capturing credit card numbers. Futurex secures transactions for several of the nation’s largest retailers, protecting shoppers’ sensitive cardholder data and payment information. U.S. retail sales now through December are expected to grow 10.5% to a record $859 billion, compared to 2020, according to the National Retail Federation. Meanwhile, the FBI and the Cybersecurity and Infrastructure Security Agency (CISA) have warned about the increase of cyber threats, including ransomware, around the holidays. “Behind every gift, every purchase, and every payment, retailers and consumers depend on secure transactions to protect payment information,” said Ryan Smith, vice president, global business development, at Futurex. “As the critical security backbone of the global financial ecosystem, we work with the world’s largest retailers and financial institutions to safeguard data in transit and at rest." The use of hardware security modules (HSMs) in transaction processing is critical, as payment HSMs provide the cryptographic functions needed to support end-to-end data security, including encryption and cryptography key management. In a compliant P2PE environment, sensitive data is encrypted from the point of interaction and decrypted only within the secure boundary of a FIPS 140-2 Level 3 or PCI HSM-validated HSM. Learn more about point-to-point encryption. 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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WEB SECURITY TOOLS

Indusface Enhances its Web Application & API Protection (WAAP) platform AppTrana with Industry's First Risk-Based Protection to APIs

Indusface | May 19, 2022

Indusface, a leading application security SaaS company that continually detects security risks, provides real-time protection, and improves the performance of Websites and Applications, today announced that it is adding Risk-Based API Protection to its WAAP platform, AppTrana. APIs are the lifeline of the digital economy with many companies adopting the API-first approach. However, the growth of APIs is also opening up new risk vectors that they are not aware of. According to Gartner, more than 90% of applications have more attack surface exposed through API than UI and by 2022, API Abuse will move from an infrequent to the most-frequent attack vector, resulting in data breaches for enterprise web applications. Indusface is revolutionizing the API security space by building on its API Protection capabilities. The company is doing so through the most comprehensive API protection to date by extending its risk-based approach to the same. "AppTrana's risk-based approach is unique and something that resonates with our customers. What customers are really interested in is knowing how well their application is protected based on the risk posture of their application. Building on this, we are now enhancing our API Protection capabilities by providing a risk-based approach to API security which we believe would revolutionize the market. With this, customers will be able to identify vulnerabilities found in their public APIs and quickly correlate how these are protected through API-specific policies and positive security policies applied in AppTrana providing the most comprehensive protection for APIs." Ashish Tandon, Founder and CEO, Indusface As with any security, you can protect only what you know and protection is as strong as the weakest link. The major challenges with APIs are discoverability and the ability to understand the context of APIs so that security can be tailored accordingly. It is to address these challenges that Indusface is enhancing its API protection in AppTrana. Collectively through a multi-step approach, customers get to discover APIs, understand risk posture and ensure comprehensive protection of APIs. With Indusface AppTrana's Risk-based API Protection, you get: To understand the risk posture of the APIs through unlimited automated API scans including manual tests for identifying business logic vulnerabilities. This enables organization to understand the weakest links of the APIs and get clear visibility around how these links are protected. Visibility into API traffic patterns and discovery of shadow APIs, so that you are no longer blindsided by what you don't know To protect APIs with API-specific rules written specifically to protect against OWASP Top 10 API vulnerabilities Behavioral-based protection against DDoS attacks on APIs by analyzing API traffic pattern Behavioral-based protection against BOT attacks Positive security for APIs through analysis of swagger (OpenAPI 2.0) files and creation of automated positive security policies Accurate, real-time view of vulnerabilities blocked by API specific rules, positive security policies, custom rules, and those that need fixes in the application About Indusface Indusface is a leading application security SaaS company that secures critical Web, Mobile, and API applications of 3000+ global customers using its award-winning fully managed platform that integrates web application scanner, web application firewall, DDoS & BOT Mitigation, CDN, and threat intelligence engine. Indusface has been funded by Tata Capital Growth Fund II, is the only vendor to be named Gartner Peer Insights™ Customers' Choice' in all the 7 segments for Voice of Customer WAAP (Web Application and API Protection) Report 2022, is a "Great Place to Work" certified SaaS product company, is PCI, ISO27001, SOC 2, GDPR certified, and has been the recipient of many prestigious start-up awards such as the Economic Times Top 25, NASSCOM DSCI Top Security Company, Deloitte Asia Top 100, among others.

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SOFTWARE SECURITY

GTT Launches Secure Connect to Enhance Enterprise Cloud Security

GTT | March 23, 2022

GTT Communications, Inc., a leading global cloud networking provider to multinational clients, has announced its new Secure Connect offering to extend and strengthen the protection of the enterprise network connecting to the internet and accessed by users from any location. The new service is based on the SASE framework and integrates with GTT Managed SD-WAN. GTT Secure Connect leverages a single cloud platform for agile and ubiquitous delivery of network security, offering a range of features that include CASB (Cloud Access Security Broker), SWG (Secure Web Gateway), ZTNA (Zero Trust Network Access) and FWaaS (Firewall as a Service) capabilities. GTT Secure Connect addresses the growing requirement for secure access to enterprise resources in an environment characterized by the widespread use of digital technologies, broad adoption of cloud applications and a remote workforce. GTT Secure Connect utilizes a cloud delivery model that provides centralized policy control at a site and user level for improved scalability and extends the security perimeter to any network endpoint. Additionally, the integration of security with the functionality of GTT Managed SD-WAN improves performance and simplifies network management. The comprehensive SASE-based feature set can be tailored to meet individual enterprise requirements for anti-virus, firewall and anti-malware protections, more effective blocking of malicious sites, augmented cloud security monitoring, and prevention of unauthorized access to network resources in a work-from-anywhere model. With GTT Secure Connect, network access is based on user, device and application identity — rather than the physical location or IP address — enabling seamless and secure networking between users, private, SaaS and public clouds, and the enterprise data center. “In an enterprise environment where digital business and the use of cloud applications has become more critical, coupled with the challenge of supporting a hybrid workforce and an intensifying cyber-threat landscape, customers are demanding network integrated security solutions that are comprehensive with an improved user experience. GTT Secure Connect has been designed to meet these customer requirements, leveraging our industry-leading SD-WAN capability combined with state-of-the-art, cloud-based security technologies, delivering a more effective and efficient solution that provides next-generation connectivity and protection managed all in one place.” Don MacNeil, GTT COO According to industry research firm Omdia, only 15 percent of enterprises globally have a fully developed approach to cybersecurity and digital risk. Further research by the firm shows that when SD-WAN is combined with security, enterprises report an extra boost in perceived value over just SD-WAN. “Omdia finds securing networks a consistent area of enterprise concern and investment. Enterprise network transformation needs to address the complexity of securing internet VPNs, cloud applications and a remote workforce,” said Cindy Whelan, practice leader, enterprise network services at Omdia. “GTT’s new Secure Connect brings together network and security, supported by professional services, to help enterprises with their security and performance needs in a period of rapid digital transformation and an intensifying cyber-threat landscape.” The underlying technology platform of GTT Secure Connect is Prisma® Access provided by Palo Alto Networks, an industry leader in global cybersecurity. GTT Secure Connect integrates Prisma Access with GTT’s software-defined networking solutions and global Tier 1 IP network. GTT Secure Connect is complemented by GTT Professional Services, which offers the technical expertise and operational experience to support the complete solution from initial design to installation and ongoing service management. This includes project management, technical management and incident management support. Through EtherVision, GTT’s unified customer management portal, GTT Secure Connect provides customers with the insights and control they need to operate their network and manage their security environment. About GTT GTT provides secure global connectivity, improving network performance and agility for your people, places, applications and clouds. We operate a global Tier 1 internet network and provide a comprehensive suite of cloud networking and managed solutions that utilize advanced software-defined networking and security technologies. We serve thousands of businesses with a portfolio that includes SD-WAN and other WAN services, internet, security and voice services. Our customers benefit from a customer-first service experience underpinned by our commitment to operational excellence.

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SOFTWARE SECURITY

Thrive Integrates SOAR Technology into their Security Operations to Enhance Real-Time Cyber Threat Detection

Thrive | May 20, 2022

Thrive, one of the leading Managed Security Services Providers (MSSPs) in the world, has made a significant investment to upgrade their 24x7x365 eyes-on-glass Security Operation Center (SOC) by integrating a Security Orchestration, Automation, and Response (SOAR) engine. The SOAR capabilities will enable the Thrive global security team to better navigate today's complex, risk-laden environment for clients via tool aggregation and coordinated response, unified operations, reduced alert fatigue, and Artificial Intelligence (AI). This will result in a significant reduction of incident response times for client threats and provide higher quality information for the Thrive SOC to combat intricate cyber risks in real time. By 2025, the amount lost to cyber theft is expected to reach $10.5 trillion annually, which is the single greatest transfer of wealth in history, according to a report from AT&T. These glaring statistics indicate why cybersecurity has become imperative in the world of commerce. "Cybersecurity threats and vulnerabilities are constantly multiplying, due to not only more sophisticated social engineering but also a rise in micro-ransomware incidents, That means vigilance against attacks of all kinds must also evolve. Incorporating a SOAR into our robust global security operations unit will allow Thrive clients to have a stronger defense system in place against cybersecurity attacks and enable our team to respond more expeditiously to any issues should they arise." Mike Gray, CTO of Thrive Thrive's integrated managed cybersecurity solutions provide a proactive and expert approach to security management for identifying and remediating security issues. Powered by next-gen technology, proven frameworks and service-driven experts, Thrive's unified cybersecurity platform enables Thrive's 24x7x365 SOC to automatically address critical security issues without client intervention. By creating a stress-free experience that solves for the technical complexity and talent shortage mid-market enterprises face, Thrive's cybersecurity solutions fortify the digital transformation initiatives that propel business growth. About Thrive Thrive is a leading provider of NextGen managed services designed to drive business outcomes through application enablement and optimization. The company's Thrive5 Methodology utilizes a unique combination of its Application Performance Platform and strategic services to ensure each business application achieves peak performance, scale, uptime, and the highest level of security.

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Spotlight

95 % of security breaches involve human error. Yet, only 11% of global companies conduct monthly awareness training. Mimecast Awareness Training delivers effective online security training to employees in roughly three minutes a month. Each monthly training module is anchored on a short video in the contemporary workplace and driven by characters your employees will recognize all too well.

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