DATA SECURITY, PLATFORM SECURITY, SOFTWARE SECURITY
Lacework | October 14, 2022
Lacework®, the data-driven cloud security company, today released the fourth Lacework Labs Cloud Threat Report and subsequently launched a new, open source tool for cloud hunting and security efficacy testing. The new tool, known as Cloud Hunter, will help customers keep pace with ever-improving adversarial tradecraft through advanced environmental analysis and improved incident response time.
Developed in response to new types of sophisticated threat models uncovered through Lacework Labs' research, Cloud Hunter utilizes the Lacework Query Language (LQL) to permit hunting across data within the Lacework platform by way of dynamically-created LQL queries. Customers can quickly and easily find data and develop queries for ongoing monitoring as they scale detections along with their organization's cloud security program. Data is automatically analyzed while Cloud Hunter extracts information, further streamlining the capabilities and response times for incident investigations.
The Lacework Labs Cloud Threat Report examines the cloud security threat landscape over the past three months and unveils the new techniques and avenues cybercriminals are exploiting for profit at the expense of businesses. In this latest edition, the Lacework Labs team found a significantly more sophisticated attacker landscape, with an increase in attacks against core networking and virtualization software, and an unprecedented increase in the speed of attacks following a compromise. Key trends and threats identified include:
Increased speed from exposure to compromise: Attackers are advancing to keep pace with cloud adoption and response time. Many classes of attacks are now fully automated to capitalize on timing. Additionally, one of the most common targets is credential leakage. In a specific example from the report, a leaked AWS access key was caught and flagged by AWS in record time. Despite the limited exposure, an unknown adversary was able to login and launch tens of GPU EC2 instances, underscoring just how quickly attackers can take advantage of a single simple mistake.
Increased focus on infrastructure, specifically attacks against core networking and virtualization software: Commonly deployed core networking and related infrastructure consistently remains a key target for adversaries. Core flaws in infrastructure often appear suddenly and are shared openly online, creating opportunities for attackers of all kinds to exploit these potential targets.
Continued Log4j reconnaissance and exploitation: Nearly a year after the initial exploit, the Lacework Labs team is still commonly observing vulnerable software targeted via OAST requests. Analysis of Project Discovery (interact.sh) activity revealed Cloudflare and DigitalOcean as the top originators.
"Creating an open source tool not only extends our capabilities as a research team and company, but also gives us a way to fully give back to and empower the developer community based on what we're seeing from our threat research," said James Condon, Director of Threat Research at Lacework. "As our research shows an increasingly more sophisticated attack landscape, this tool provides a more detailed analysis of an organization's unique environment based on the new techniques being leveraged by attackers. Cloud Hunter is the first tool from Lacework to generate queries that can be directly converted into custom policies within a customer's environment."
The Lacework Labs team also examined issues around how "rogue accounts" are utilized by attackers for the reconnaissance and probing of S3 buckets as well as the growing popularity of cryptojacking and steganography. A full copy of the report and the executive summary can be found here.
Lacework is the data-driven security platform for the cloud. The Lacework Cloud Security Platform, powered by Polygraph, automates cloud security at scale so our customers can innovate with speed and safety. Only Lacework can collect, analyze, and accurately correlate data across an organization's AWS, Azure, GCP, and Kubernetes environments, and narrow it down to the handful of security events that matter. Customers all over the globe depend on Lacework to drive revenue, bring products to market faster and safer and consolidate point security solutions into a single platform. Founded in 2015 and headquartered in San Jose, Calif., Lacework is backed by leading investors like Sutter Hill Ventures, Altimeter Capital, D1 Capital Partners, Tiger Global Management, Counterpoint Global (Morgan Stanley), Franklin Templeton, Durable Capital, General Catalyst, XN, Coatue, Dragoneer, Liberty Global Ventures, and Snowflake Ventures, among others.
PLATFORM SECURITY, SOFTWARE SECURITY
Netpluz | October 12, 2022
Netpluz, a one-stop Managed Communications Service Provider in the region, has teamed up with two leading security platforms, Stellar Cyber and Ridge Security, to provide more comprehensive cybersecurity services for Small and Medium-sized Enterprises (SMEs) across the Asia Pacific.
Netpluz eSentinel™ is a cloud-based, all-in-one managed cybersecurity platform that offers comprehensive protection of confidentiality, integrity, and availability of computer systems and networks against cyber-attacks and unauthorized access. The partnerships with Stellar Cyber and Ridge Security will significantly enhance the cyber defence capabilities of eSentinel™ in two main areas, namely Managed SOC (Security Operations Centre) and VAPT (Vulnerability Assessment and Penetration Testing).
With the adoption of Stellar Cyber's Open XDR platform and ingestion of data from multiple different sources, eSentinel™ Managed SOC service will offer high-fidelity threat detection and incident correlation through AI, automated threat hunting and response. MTTD (Mean Time to Detect) and MTTR (Mean Time to Respond) will also improve tremendously by more than eight and twenty times, respectively.
Ridge Security's pioneering product, RidgeBot®, is an intelligent risk-based vulnerability management and automated pentest robot that value-adds to eSentinel™ VAPT service. RidgeBot® acts like human attackers, relentlessly locating exploits and documenting the findings. Unlike humans, RidgeBot® comes armed with dynamic attack strategies to exploit before moving on to the next target.
"With digitalization accelerated by the pandemic, adopting technology as part of strategic growth is now at the forefront of many organizational agendas, even for SMEs. In fact, we see SMEs looking at digitalization for business and growth opportunities in the long term – driving stronger demand for managed cybersecurity services. "Responding to this demand, we are thrilled to work with Stellar Cyber and Ridge Security to deliver enterprise-grade and cost-effective managed cybersecurity services to businesses in the Asia Pacific."
Mr Lau Leng Fong, Chief Executive Officer of Netpluz
Such collaborations extend Netpluz's comprehensive selection of business-focused solutions and align with the company's vision to be the top Managed Communications Service Provider in the Asia Pacific.
With the evolving digital landscape, cybersecurity is now an integral part of communication services and an even more significant concern for SMEs. Unlike large enterprises, SMEs are often more vulnerable to cyber-attacks due to the lack of strong technological defences, less awareness of threats, and a shortage of talents and resources to invest in cybersecurity.
This is where Netpluz comes in. With an increasing focus on offering managed cybersecurity services, Netpluz has established a high-availability Security Network Operation Centre (SNOC) spanning its regional operations, to provide round-the-clock monitoring, detection and response of its customers' IT devices, systems, and network infrastructure. To further strengthen its cybersecurity capabilities and processes, Netpluz has also attained certifications, including CREST Certification, CSA Cyber Trust mark (Advocate), ISO/IEC: 27001:2013, and MTCS Standard. Netpluz is also a Cybersecurity Service Provider (CSP) licensed by the Cyber Security Agency of Singapore (CSA), enabling the company to provide secure and reliable services to customers in Singapore and across the Asia Pacific region.
Netpluz is a transforming Managed Communications Service Provider that helps clients become more agile by simplifying their Information and Communications Technology (ICT) needs. With humble beginnings in 2015 serving business internet connectivity, acquisition of MediaRing business assets and merger of Y5Zone Singapore in 2016, Netpluz has evolved from an Internet Service Provider (ISP) to providing Managed Data, Cloud, Cybersecurity, Voice, Video, and Mobility services to over 2,000 clients over a single, converged network with uncompromising availability, scalability and service standards.
Backed by decades of industry expertise, experience and global technology partners, Netpluz managed services are designed and operationalized with cost efficiency to fit business needs. With an unwavering dedication to delivering quality services to its clients, Netpluz aspires to become the top Managed Communications Service Provider in the Asia Pacific.
About Stellar Cyber
Stellar Cyber's Open XDR platform delivers Everything Detection and Response by ingesting data from all tools, automatically correlating alerts into incidents across the entire attack surface, delivering fewer and higher-fidelity incidents, and responding to threats automatically through AI and machine learning. Its XDR Kill Chain™, fully compatible with the MITRE ATT&CK framework, is designed to characterize every aspect of modern attacks while remaining intuitive to understand. This reduces enterprise risk through early and precise identification and remediation of all attack activities while slashing costs, retaining investments in existing tools and accelerating analyst productivity. The company is based in Silicon Valley.
About Ridge Security
Ridge Security enables enterprise and web application teams, ISVs, governments, education, DevOps, anyone responsible for ensuring software security to affordably and efficiently test their systems. The management team has years of networking and security experience. Ridge Security's robotic security validation system RidgeBot, fully automates the penetration testing process and emulates adversary attacks to validate an organization's cybersecurity posture.
DATA SECURITY, PLATFORM SECURITY, SOFTWARE SECURITY
SaaS Alerts | September 12, 2022
SaaS Alerts, the cybersecurity company purpose-built for Managed Service Providers (MSPs) to protect and monetize their customers' core business SaaS applications, announced today that it has secured a $22 million growth investment from global software investor Insight Partners to accelerate the growth of its SaaS Security monitoring and response platform.
The accelerated rate of SaaS Application adoption by businesses, driven by the need to provide collaboration and productivity tools to remote workforces and for more centralized and tightly controlled business data resources, has elevated awareness and critical concern for major threat vectors and security gaps that exist in SaaS Application security. These security concerns present opportunities for MSPs to better safeguard their clients while offering SaaS security services that drive profitable new revenue streams.
SaaS Alerts was designed to help MSPs monitor and protect their customers' usage of today's most popular SaaS applications such as Microsoft 365, Google Workspace, Salesforce, Dropbox and more – and to safeguard against security threats to a business' SaaS environment such as data theft, data that's at risk due to unintentional employee mishaps and actions taken by bad actors.
"We couldn't be more excited to partner with Insight Partners and we see their investment in SaaS Alerts as a monumental endorsement for what we have built and what we intend to build as we collaborate going forward. "I'm very proud of our team for reaching this milestone and look forward to working with Insight to continue to build value for our MSP partners and stakeholders."
Jim Lippie, CEO of SaaS Alerts
"SaaS applications have become essential for businesses of every size and MSPs need the ability to better protect those applications on behalf of their customers. SaaS Alerts has pioneered SaaS security for MSPs and has a clear vision for how detecting and correlating abnormal user behavior can greatly impact the MSP industry," said Philine Huizing, Principal at Insight Partners. "We're excited to partner with SaaS Alerts as the company scales to address this unique opportunity."
About SaaS Alerts
SaaS Alerts is the cybersecurity company purpose-built for MSPs to protect and monetize customers' core SaaS business applications. SaaS Alerts offers a unified, real-time monitoring platform for MSPs to protect against: data theft, data at risk and bad actors and integrates with the most popular SaaS Applications. Learn more at www.saasalerts.com.
About Insight Partners
Insight Partners is a global software investor partnering with high-growth technology, software, and Internet startup and ScaleUp companies that are driving transformative change in their industries. As of June 30, 2022, the firm has over $80B in regulatory assets under management. Insight Partners has invested in more than 700 companies worldwide and has seen over 55 portfolio companies achieve an IPO. Headquartered in New York City, Insight has offices in London, Tel Aviv, and Palo Alto. Insight's mission is to find, fund, and work successfully with visionary executives, providing them with practical, hands-on software expertise to foster long-term success. Insight Partners meets great software leaders where they are in their growth journey, from their first investment to IPO.
DATA SECURITY, PLATFORM SECURITY, SOFTWARE SECURITY
Noname Security | November 02, 2022
Noname Security, the leading API security company, today shared its EMEA channel strategy, which builds on significant momentum achieved in the past six months and is led by Ides Vanneuville, recently appointed EMEA Channels & Alliances Director.
Vanneuville is an experienced leader in the cybersecurity market with a strong track record in cybersecurity and solutions engineering, having held a number of senior positions at organisations such as Palo Alto Networks, Nutanix, and Aviatrix.
Demand for API security solutions is accelerating throughout EMEA as businesses continue to transition to public cloud and are increasingly adopting cloud-native development strategies. High-profile API breaches have underlined the critical nature of API security and the need for advanced solutions such as the Noname API Security Platform that accelerate digital transformation while addressing API security risks and vulnerabilities.
This offers a new and growing market for established cybersecurity resellers and new entrants alike.
"I am excited to join Noname Security at a time when the channel is transforming to meet growing demand for the powerful yet easy-to-use API security that our platform delivers," comments Vanneuville. "We are building productive partnerships with traditional cybersecurity companies seeking to expand their offering into the DevSecOps market, along with the innovative application-centric resellers that are carving out opportunities in this space."
Noname Security operates a 100% indirect sales model, and its channel strategy focuses on building out presence across EMEA by securing key partnerships with a range of cybersecurity resellers, consultancies, systems integrators, and distributors.
Since March 2022, Noname Security has signed new partnerships with Oblivion, part of Xebia (Netherlands, Denmark & Germany), NewGens Pte (Singapore, Malaysia, Indonesia and Thailand), CyberGate Defense (UAE), Evanssion (Middle East & Africa), Aditinet (Italy), iSOC24 (Benelux) and HighPoint (UK & NL) . These partners join a diverse group of existing partners across Europe, the Middle East, and Africa.
These partners will be supported by Noname Security's global partner program, which provides the resources they need to address key customer pain points in their region and build sizable revenue opportunities in the API security market. The program is tailored to reflect the variations in maturity and background of the API security market in each geographic area.
"API security is a rapidly evolving area that wraps around the ways APIs are being used in different territories," adds Vanneuville. "For example, the increase in open banking in emerging regions like Turkey is driving demand for API security in that region, and we have new Noname Security partners in place to meet that need. Similarly, the booming m-commerce market in Africa is a valuable target for our partners to focus on. Our program helps partners target these key vertical markets and build a reputation for excellence."
API Security Workshops Provide Essential Partner and Market Education
Noname Security is running a series of workshops to educate the market and channel partners about the importance of protecting APIs against attacks and how to go about it. These are currently available, both virtually and in-person in a variety of worldwide cities, and will help Noname's channel partners as well as their end-users to understand:
The underlying security risks when deploying APIs
Emerging threats facing applications and APIs
Techniques used to exploit vulnerable APIs
How Noname Security monitors API traffic for anomalies.
"These educational workshops form an important part of Noname's go-to-market strategy," concludes Vanneuville. "An educated market is a receptive market, and with these workshops we aim to ensure that customers and partners fully understand the urgency of securing APIs in order to protect core revenue streams against disruptive attackers. This is a relatively new area, but one that is of critical importance for the success and stability of modern enterprises as the cloud transition continues and born-in-the-cloud businesses ramp up innovation and expansion."
About Noname Security
Noname Security is the only company taking a complete, proactive approach to API security. Noname works with 20% of the Fortune 500 and covers the entire API security scope across three pillars: posture management, runtime security and API security testing. Noname Security is privately held, remote-first with headquarters in Palo Alto, California, and offices in Tel Aviv and Amsterdam.