PLATFORM SECURITY

OpenText Security Cloud Powers and Protects Businesses

OpenText | June 03, 2022

OpenText
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.

Spotlight

The promise of SIEM is to provide continuous situational awareness, automate compliance reporting, and support the incident response process through root cause analysis and serve as an investigation platform. 


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DATA SECURITY,PLATFORM SECURITY,SOFTWARE SECURITY

Absolute Software Adds Trellix Endpoint Security to Application Resilience Ecosystem

Absolute Software | September 20, 2022

Absolute Software™ , the only provider of self-healing, intelligent security solutions, today announced a partnership with Trellix, enabling Absolute Resilience® customers to extend its patented Absolute Persistence® technology to Trellix Endpoint Security (ENS). With this latest addition to the company’s Application Resilience™ ecosystem, joint customers can leverage the power of Absolute’s firmware-embedded connection to ensure Trellix’s leading endpoint protection solution remains healthy, installed, and working effectively. Anchored by its unique Persistence technology residing embedded in more than 600 million endpoints, Absolute provides an undeletable digital tether to every device to help ensure the highest levels of resiliency. Absolute Application Resilience leverages this unbreakable, two-way connection to monitor mission-critical security applications’ health and behavior; detect if missing, corrupted, or not running; and automatically repair or reinstall components when necessary - without requiring human intervention. “Our unique intelligence shows that today’s complex and widely distributed device environments have put endpoint agents at constant risk of colliding with other applications, or being disabled by malicious or negligent users. “By joining our Application Resilience ecosystem, Trellix is taking the critical steps needed to enable our joint customers to harden their mission-critical endpoint application and strengthen their overall endpoint security posture.” Edward Choi, SVP of Global Alliances at Absolute Software “We are proud to collaborate with leading software vendors to improve security outcomes for our customers,” said Britt Norwood, Senior Vice President, Global Channels & Commercial at Trellix. “Organizations across the globe rely on Trellix every day to protect, and adapt to, their changing business needs in a dynamic threat landscape. We’re thrilled to see Absolute Software support Trellix ENS in its Application Resilience ecosystem and extend this value to our joint customers.” Trellix Endpoint Security is part of an integrated suite of technologies that uses analytics and machine learning to provide effective protection—including the flexibility to connect to security products from other vendors. Trellix endpoint solutions enable organizations to apply proactive threat intelligence and defenses across the entire attack lifecycle. Absolute’s expansive Application Resilience catalog is comprised of more than 60 security and business applications needed to enable a secure, reliable, and resilient work from anywhere experience. About Absolute Software Absolute Software is the only provider of self-healing, intelligent security solutions. Embedded in more than 600 million devices, Absolute is the only platform offering a permanent digital connection that intelligently and dynamically applies visibility, control and self-healing capabilities to endpoints, applications, and network connections - helping customers to strengthen cyber resilience against the escalating threat of ransomware and malicious attacks. Trusted by nearly 18,000 customers, G2 recognized Absolute as a leader for the tenth consecutive quarter in the Summer 20022 Grid® Report for Endpoint Management and as a high performer in the G2 Grid Report for Zero Trust Networking.

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SOFTWARE SECURITY

Red Canary and Palo Alto Networks expand collaboration to provide detection and response across security landscape

Red Canary | July 08, 2022

Red Canary, the Managed Detection and Response (MDR) trailblazer, has expanded its collaboration with industry leader Palo Alto Networks to help deliver on a bold vision: unifying threat investigation across a wide range of Palo Alto Networks products. To help achieve this goal Red Canary is now a part of the Palo Alto Networks Cortex® MSSP partner program. Today, Red Canary MDR supports Palo Alto Networks firewalls by integrating with PAN-OS version 9 and higher. This integration allows security alerts and event data generated by firewall appliances to feed into the Red Canary MDR platform for further investigation and remediation. Red Canary is working with Palo Alto Networks as an MDR partner for the Cortex XDR product, which includes built-in endpoint protection. While many MDR offerings simply ingest alerts generated by endpoint security tools, Red Canary is working toward being able to ingest raw telemetry as well as alerts from the Cortex XDR endpoint agent. Red Canary anticipates this will allow it to reduce false positives by up to 99% and significantly increase the detection of confirmed threats compared to what endpoint security tools can identify on their own. "The detailed endpoint telemetry generated by Cortex XDR enables leading scores in actual hands-on tests, such as MITRE's recent ATT&CK® evaluation," said Rick Caccia, SVP of Marketing for Palo Alto Networks. "Red Canary's ability to manage and analyze large volumes of endpoint, network, and other types of telemetry will make them an ideal partner for solving customers' most pressing security challenges. Together, we can help protect organizations from ransomware, phishing, and other modern threats." To complete our vision of unifying threat investigation across the Palo Alto Networks product line, Red Canary is also developing integrations for Prisma® Cloud, Threat Prevention, and the WildFire Analysis Environment. Red Canary's MDR everywhere strategy allows events from Palo Alto Networks products to be combined with multi-vendor events in a unified timeline. To learn more, visit https://redcanary.com/cyber-threat-investigation/. "Red Canary is meeting customer demand for security across the modern IT environment by integrating alert data from network, identity, and SaaS applications – all in a unified timeline. Our collaboration with Palo Alto Networks layers best-in-class managed detection and response across an industry-leading portfolio of cybersecurity solutions. The result is more choice and better security for our customers." Chris Rothe, CTO, Red Canary About Red Canary Red Canary stops cyber threats no one else does so organizations can fearlessly pursue their missions. The company's managed detection and response (MDR) solution works across enterprise endpoints, cloud workloads, network, identities, and SaaS apps. Red Canary operates as a security ally for customers and partners by providing unlimited 24×7 support, deep threat expertise and hands-on remediation to prevent threats from turning into business-defining incidents.

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DATA SECURITY,PLATFORM SECURITY,SOFTWARE SECURITY

SaaS Alerts Secures $22M Investment from Insight Partners to Scale SaaS Security Monitoring and Response Platform

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.

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SOFTWARE SECURITY

Involta Partners With Tech Startup HacWare to Expand Enterprise Cybersecurity Awareness Services

Involta | August 08, 2022

Involta, an award-winning data center, hybrid IT, and cloud-forward consulting firm, announces today a partnership with HacWare, an AI-driven cybersecurity awareness and training SaaS (Software-as-a-Service) product that combines threat intelligence with user behavior to help lean IT teams combat today's most advanced phishing attacks. "Today, email phishing attacks remain the number one source of security breaches, causing over 90% of data breaches," states Tiffany Ricks, Founder and CEO of HacWare, Inc. "The average employee is vulnerable because they spend 1,500 hours a year using email, and many are unaware of email security best practices. Partnering with Involta gives us the opportunity to help businesses improve their email security awareness and build up their first line of defense against cyberattacks." HacWare's internal risk assessment provides real-time threat intelligence to show internal vulnerabilities. HacWare learns from the intelligence to provide personalized phishing simulations and training. The phishing technology leverages behavioral psychology best practices to improve cyber posture, saving businesses up to 40% in labor costs. "At Involta, we know the two most important things our customers can do to protect themselves from a phishing attack is awareness and education," comments Mark Cooley, Involta VP of Security and Compliance. "Making sure that your company's employees understand the prevalence and sophistication of these attacks is crucial. HacWare's security awareness technology combines open-source data and data science to show employees how to avoid scams while significantly saving on traditional security training and awareness labor costs. The automated, easy-to-use platform is the perfect addition to our robust security solution suite." Ricks' motivation comes from an entrepreneurial spirit and the desire to help people. She has led HacWare, Inc. to be widely recognized by leading publications such as The Wall Street Journal, Dark Reading, TechCrunch, Forbes and Women's Business Council. "We are thrilled to partner with Tiffany and her team at HacWare to bring her expertise and innovative solutions to our customers and prospects. "Not only is her product both superior and necessary in today's security landscape, but she is also a true role model for our industry's next generation of female leaders. As more women continue to enter into the world of security and digital infrastructure, it's critical to align with them and help bolster their positions while working alongside them to close the gender gap." Jim Buie, Involta President and CEO Involta's commitment to supporting women in tech and empowering girls to explore STEM fields includes a partnership with Girls, Inc. of Pinellas County, Florida, where they recently introduced digital infrastructure as a potential career path. About Involta Involta is an award-winning hybrid IT and cloud-forward consulting firm orchestrating digital transformation for the nation's leading enterprises. Involta's ongoing mission is rooted in partnership. Its personalized approach identifies customers' requirements while earning their trust to ultimately deliver Superior Infrastructure and Services, Operational Excellence and People Who Deliver, keeping with the Involta brand promise.

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Spotlight

The promise of SIEM is to provide continuous situational awareness, automate compliance reporting, and support the incident response process through root cause analysis and serve as an investigation platform. 

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