odix joins the MISA program extending FileWall security logs to Microsoft Azure Sentinel

prnewswire | September 30, 2020

The Microsoft Intelligent Security Association was formed in 2018 to provide a community for premier cybersecurity companies to collaborate and better integrate their technologies with Microsoft Security products. By joining MISA, odix looks to advance its CDR solutions fluid integration into the range of widely used Microsoft software products.MISA uniquely fosters the critical relationships between innovative designers and developers creating cyber security products that integrate with Azure Sentinel, the Graph Security API and other Microsoft products. By removing the obstacles to direct integration, MISA members, such as odix, can fast track technological and product developments to produce a more robust security ecosystem for Microsoft 365 users.

Spotlight

Mobile apps are pervasive. They are being created and downloaded at a staggering rate. It is estimated that 179 billion apps will be downloaded in 2015. That’s a 41% increase over 2014 download totals. Plus, more than 60,000 new apps are added to the Apple App Store per month. Unfortunately, security of data is not always top of mind during development. Apps are storing data insecurely, are vulnerable to man-in-the-middle attacks, and leak your sensitive data. In fact, an alarming 15% of all apps leak sensitive data over the network (plain text or encoded), and 48% of mobile applications have at least one high risk security flaw.


Other News
ENTERPRISE SECURITY

SecurityScorecard and Marsh McLennan Collaborate to Elevate Cybersecurity in Challenging Risk Landscape

SecurityScorecard | January 28, 2022

SecurityScorecard, the global leader in cybersecurity ratings, today announced a collaboration with Marsh McLennan, the world's leading professional services firm in the areas of risk, strategy and people, to enable organizations around the world to improve their cyber resilience. As part of the collaboration, Marsh McLennan's Cyber Risk Analytics Center will leverage SecurityScorecard's data and analytics to gain real-time cyber risk insights and define risk mitigation strategies for the Company's global client base. The companies will also collaborate on joint research aimed at increasing awareness of cyber risk and educating the market on risk management strategies. "We are excited to work with Marsh McLennan, which understands that to stay competitive, you must stay innovative," said Prashant Pai, Senior Vice President and General Manager of Strategic Initiatives at SecurityScorecard. "Given how fast the cyber risk landscape evolves, it's essential that business leaders have access to the most up-to-date and complete view of a client's cybersecurity posture." "Cyber risk evolves minute-to-minute, making it challenging to build data-driven risk management strategies,SecurityScorecard's data and analytics are a valuable addition to our proprietary insights, furthering our ability to help our clients stay on top of emerging vulnerabilities and threats that may impact their businesses." Scott Stransky, Managing Director, Marsh McLennan Cyber Risk Analytics Center SecurityScorecard continuously monitors millions of entities worldwide and non-intrusively assesses their security posture across 10 risk categories including DNS health, IP reputation, web application security, network security, leaked information, hacker chatter, endpoint security and patching cadence. About SecurityScorecard Funded by world-class investors including Evolution Equity Partners, Silver Lake Partners, Sequoia Capital, GV, Riverwood Capital, and others, SecurityScorecard is the global leader in cybersecurity ratings with more than 12 million companies continuously rated. Founded in 2013 by security and risk experts Dr. Aleksandr Yampolskiy and Sam Kassoumeh, SecurityScorecard's patented rating technology is used by over 25,000 organizations for enterprise risk management, third-party risk management, board reporting, due diligence, cyber insurance underwriting, and regulatory oversight. SecurityScorecard continues to make the world a safer place by transforming the way companies understand, improve and communicate cybersecurity risk to their boards, employees and vendors. Every organization has the universal right to their trusted and transparent Instant SecurityScorecard rating.

Read More

DATA SECURITY

ITC Secure and Cassava Technologies Announce Joint Venture to Expand Industry Leading Security Operations and Microsoft Cloud Security Expertise

ITC Secure | December 16, 2021

ITC Secure (ITC), a leading advisory-led cyber security services company and a Microsoft Gold cyber security partner, and Cassava Technologies, the pan-African technology leader, announced today that they have entered into a Joint Venture (JV) to build and launch an extensive portfolio of cyber security services, powered by Microsoft Azure cloud technologies in Africa. Hardy Pemhiwa, the CEO of Cassava Technologies said: “Digital transformation in Africa is accelerating the adoption of cloud services which is creating an urgent need to better protect users and business-critical data. Cassava Technologies footprint covering more than 15 countries in Africa, we are well-positioned to meet the growing needs of businesses and individuals and expand access to cybersecurity and other digital services. We look forward to bringing ITC’s world-class cyber expertise, coupled with Microsoft’s industry-leading technology, to build Africa’s digital future.” “The strategic partnership between ITC Secure and Cassava Technologies, as a pan-African technology leader, will bring Microsoft’s cutting-edge cloud security solutions to the African market to drive the growth of the technology sector and innovation across Africa.” Andre Pienaar, the Chairman of ITC Secure Admiral Mike Mullen, the Chairman of ITC Secure USA said: “The combination of ITC Secure and Cassava Technologies will help guide us to the future while addressing the growing needs of individuals and organisations in the African market for a secure digital world, built on the best solutions and delivered by the best experts.” Replicating best practice of a leading UK SOC to build a cutting-edge SOC in Africa ITC’s 24/7 Operations Centre, based in London, is at the forefront of delivering managed security services. As part of the JV, ITC and Cassava Technologies will build a state-of-the-art SOC in Africa. The centre will leverage Cassava Technologies’ in-depth knowledge of the African continent and ITC’s extensive experience in cybersecurity, to enable the rapid delivery of cyber services and operations on the continent. Steering the future ITC’s mission to ‘make the digital world a safer place to do business’ echoes Cassava Technologies’ vision of a digitally connected future that leaves no African behind. This JV addresses the growing need to ensure that individuals and organisations are safe and secure online and will further demonstrate how cyber security can be a business enabler, helping to drive growth and create jobs across Africa. Facilitating knowledge transfer locally The skills gap in the cyber security industry continues, with recruitment and retention an ongoing challenge. The JV will facilitate access to experts globally and close collaboration and knowledge transfer locally. This will enable faster on the ground response, the sharing of cyber security best practice and streamlined sharing of internal resource. Extended portfolio of cyber security services ITC’s integrated delivery model provides access to the best cyber security skills, technology, and governance. Encompassing a unified suite of solutions that start with an advisory-led approach, including Identity and Access Management capabilities and managed security services like Managed Detection and Response. At the heart of ITC’s integrated delivery model is PULSE, an extended detection and response platform powered by Microsoft Sentinel, that integrates specialist knowledge and expertise. ITC is a Microsoft Gold partner in Security and Cloud and a member of the Microsoft Intelligent Security Association. Organisations will gain access to a level of expertise recognised by Microsoft as the “highest, most consistent capability” – underpinned by a cohesive set of services that scale. About ITC Secure ITC Secure is an advisory-led cyber security services company. We have a 25+ year track record of delivering business-critical services to over 300 blue-chip organisations - bringing together the best minds in security, a relentless focus on customer service and advanced technological expertise to help businesses succeed. With our integrated delivery model, proprietary platform and customer-first mindset, we work as an extension of your team throughout your cyber journey and always think not only about you, but also your customers and the reputation of your brand. ITC Secure a certified Great Place to Work® and is headquartered in London, UK. With a dynamic balance of the best in people, technology, and governance, we make cyber resilience your competitive advantage. About Cassava Technologies Cassava Technologies is a pan-African technology leader providing a vertically integrated ecosystem of digital solutions, designed to significantly accelerate connectivity and drive digital transformation across the African continent. Cassava Technologies creates the enabling digital infrastructure with cross-border fibre, renewable energy solutions, and a state-of-the-art network of data centres that provides access for millions to complementary digital services of Wi-Fi, Cloud, cybersecurity and fintech solutions. This ecosystem aims to transform the lives of individuals and businesses across the continent by enabling social mobility and economic prosperity.

Read More

ENTERPRISE SECURITY

Confluera Cloud Research Finds Cybersecurity Concern as Biggest Obstacle to Cloud and Multi-Cloud Adoption

Confluera | February 19, 2022

Confluera, the leading provider of next-generation cloud cyber attack detection and response, today released the findings of their latest research report, which explores how IT leaders detect, evaluate, and act against cybersecurity threats in today's cloud environment. The study, 2022 Cloud Cybersecurity Survey Report, showcases the perspective of 200 U.S. IT leaders at medium to large sized organizations and how they are tackling the increasingly complex remote, cloud-centric IT security landscape. The majority of organizations are accelerating their cloud adoption with 97% of IT leaders surveyed stating that their strategy includes the expansion of cloud deployments. The strategy includes expansion in scale and in many cases, the adoption of multiple platforms such as AWS, Google Cloud and Azure. This strategy is not without its challenges, however. Approximately, 63% of IT professionals identified cyberthreats designed to target cloud services as the top obstacle to their cloud strategy. Cloud and multi-cloud adoption has greatly increased the workload of already burdened IT teams. Of the 200 IT leaders surveyed, only about half of the respondents said that they are adequately staffed to manage the frequency of alerts they receive. IT teams spend 54% of their time investigating security alerts, with over half of those alerts turning out to be false or benign alarms. As threats within the cloud proliferate, IT leaders are looking for solutions to help them quickly separate the signal from the noise so they can act on the real threats promptly. Some key findings of the survey as it relates to cloud deployments are below. More than 65% of IT leaders said cloud IaaS adoption (AWS, Azure, Google Cloud, etc.) was the primary contributor to their increased workload in 2021 When asked what challenges were associated with adopting multiple cloud platforms, 69% said maintaining consistent cybersecurity coverage across all cloud infrastructures Nearly 50% said securing the resources to manage different cloud infrastructures Nearly 45% identified the difficulty detecting threats progressing from one cloud infrastructure to another "While accelerated cloud adoption continues to be a critical element in adapting to the new way of doing business, it has strained IT leader's ability to manage their workload, Organizations need to ensure proper people, processes, and tools are in place for the team to expand the complex cloud environments without sacrificing their attention to security." John Morgan, CEO of Confluera Morgan continued, "To make matters worse, the Great Resignation has demonstrated the burnout that workers across the U.S. economy are feeling, and nowhere is this burnout more obvious than in the cybersecurity teams. Organizations must ensure frequent conversations between executives and cybersecurity managers to ensure they are well equipped to adequately manage alerts, maintain systems, and avoid burnout within their teams. Other key findings include the following: 85% of IT leaders said that they experienced increased workload due to shift in work model including remote workers Nearly 70% of IT leaders said that the change in work model has made it more difficult to keep company resources secure Nearly 59% of all alert investigations turn out to be false alarms or benign activities 90% of IT leaders said they create threat storyboards but close to 60% rely on third-party services to create storyboards after the incident Not all findings in the report were so glum, however. In a positive sign, 84% of IT leaders were optimistic about their cybersecurity readiness for 2022. The majority of respondents note the availability of new cybersecurity tools as the reason for their positive outlook, with 59% saying that a Detection and Response solution for the cloud, or CxDR, is the innovation they are most excited about for future deployment. "2021 was a tough year for many IT leaders, but the market is now providing organizations with the tools they need to effectively manage the infrastructures they have and even expand them further," added Morgan. "Given proper resources and effective communication, IT leaders have every right to be positive as we move into the new year." About the Study Confluera commissioned an independent research firm to survey U.S. IT leaders using a national network of verified panel providers. A total of 200 respondents completed the survey, which was conducted between December 3-7, 2021. Those surveyed included those with senior titles, including Manager, Director, and VP/C-level. The margin of error for this study is +/-5.9% at the 95% confidence level. About Confluera Confluera is the leading provider of next-generation Cloud eXtended Detection and Response (CxDR) solutions. Recognized by Forbes as one of the Top 20 Cybersecurity Startups to Watch in 2021, Confluera's storyboard technology automates cyber attack analysis making small and large security teams more efficient. The solution has unprecedented visibility of attacks in the cloud and modern application architectures, reveals threats in real-time, and will shut down advanced multistage attacks.

Read More

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.

Read More

Spotlight

Mobile apps are pervasive. They are being created and downloaded at a staggering rate. It is estimated that 179 billion apps will be downloaded in 2015. That’s a 41% increase over 2014 download totals. Plus, more than 60,000 new apps are added to the Apple App Store per month. Unfortunately, security of data is not always top of mind during development. Apps are storing data insecurely, are vulnerable to man-in-the-middle attacks, and leak your sensitive data. In fact, an alarming 15% of all apps leak sensitive data over the network (plain text or encoded), and 48% of mobile applications have at least one high risk security flaw.

Resources