PAS Global Announces Modular OT Cybersecurity Capabilities

PAS | July 29, 2020

PAS Global, the OT Integrity company, today announced Cyber Integrity™ now includes breakthrough in-product expansion to support industrial organizations as they mature their operational technology (OT) cybersecurity capabilities. The cyber risk for critical infrastructure and process industries is greater than ever as digitalization projects and remote work requirements have expanded the attack surface. Industrial organizations are focusing more on addressing cyber risk but are at different stages of maturity. New modular licensing and deployment options in Cyber Integrity version 7.0 provide flexibility to address specific needs as sites advance their OT cybersecurity maturity: Cyber Integrity – Inventory Management: provides discovery and topology mapping of industrial control system environments down to Level 0 devices with unmatched depth and accuracy without passive network detection limitations and active network polling risks. Cyber Integrity – Vulnerability Management: includes inventory management and enables the identification of vulnerabilities hidden in industrial infrastructure, leveraging and enhancing regular feeds from the United States National Vulnerability Database (NVD). Cyber Integrity – Enterprise: includes inventory and vulnerability & patch management as well as in-depth Level 3 to Level 0 OT asset configuration management with comprehensive cybersecurity configuration baselining, unauthorized configuration change detection, workflow-driven vulnerability remediation and incident response, risk analytics, compliance workflows and reporting, and backup and recovery support.

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SOFTWARE SECURITY

SecurityScorecard Launches Cyber Risk Quantification Portfolio Providing Customers Various Models to Conduct Security Cost-Benefit Analysis

SecurityScorecard | April 27, 2022

SecurityScorecard, the global leader in cybersecurity ratings, today introduced its Cyber Risk Quantification (CRQ) capabilities that will enable customers to understand cyber risk in financial terms, enabling organizations to bring cyber risk into holistic business risk analysis, and assisting organizations in a cost-benefit analysis of cyber investment options. SecurityScorecard's CRQ capabilities help customers understand the financial impact of a cyber-attack, gain insight into the probability of incidents over time and quantify the reduction in expected losses if issues are resolved. The SecurityScorecard CRQ capabilities will be included in the company's risk intelligence platform, the industry's first holistic offering that proactively protects organizations from every angle. "Executives and boards of directors lack the ability to connect cybersecurity budgets to business outcomes, hindering the CISO's ability to justify their cybersecurity budgets. By grounding risk quantification in SecurityScorecard's expansive data, we are bringing cyber security to the forefront of daily decision making. Our goal is to help our customers make informed decisions on how to raise the bar on their cybersecurity defenses with optimized investments, and we will continue to partner with leading CRQ thought leaders to provide the options they are looking for." Prashant Pai, Senior Vice President and General Manager Strategic Initiatives, SecurityScorecard To deliver the combined insights of SecurityScorecard's cybersecurity ratings data and leading risk models, SecurityScorecard is partnering with a number of leading CRQ thought leaders and developers including ThreatConnect, and RiskLens, which created Factor Analysis of Information Risk (FAIR™). With multiple views of risk available through the lens of different CRQ frameworks, risk managers can determine which framework is the best fit for their business. With cyber risks becoming increasingly prevalent, boards of directors and executives need to evaluate those risks and become more involved with cybersecurity. Effectively reporting to the board is a key component of every security leader's job. According to Gartner® The 2022 Board of Directors Survey, 88% of respondents viewed cybersecurity as a business risk, while 72% stated they are focused on aligning risk, strategy and performance to drive business resilience.1 "The CRQ integration between RiskLens and SecurityScorecard will finally give organizations of all sizes what they need to effectively understand and manage cyber risk: an automated, 'dollars and cents' view of cyber risk," said Nick Sanna, CEO, RiskLens. "Based on the FAIR cyber risk quantification standard, on industry benchmark data and on their SecurityScorecard security rating, organizations can now make risk-informed business decisions." "ThreatConnect is excited to partner with SecurityScorecard as the combination of their external cybersecurity risk posture and the power of ThreatConnect Risk Quantifier (RQ) connects the outside and inside views for an organization, giving them a 360 degree perspective of the risk to their organizations," said Jerry Caponera, Vice President of Cyber Risk Strategy for ThreatConnect. "Applying ThreatConnect's statistical and machine learning algorithms to the SecurityScorecard data enables customers to easily visualize their risk and, more importantly, prioritize which factors should be improved based on financial risk reductions." SecurityScorecard's CRQ portfolio enables executives, CISOs and risk managers to obtain a comprehensive view of their cyber risk that enables them to define cyber risk in a universally understood metric and embed those insights into decisions across the organization. SecurityScorecard's CRQ capabilities also offer: Scalable risk quantification methodology - With continuous monitoring of over 12 million companies, SecurityScorecard grounds its analysis in a consistent cybersecurity data-driven approach to deliver a real-time view of risk. Contextualized view of cyber risk - SecurityScorecard directly ties financial impact to the security issues that drive losses. Multiple risk quantification frameworks– Multiple risk frameworks are integrated into the CRQ capabilities to ease the evaluation and implementation of CRQ. About SecurityScorecard Funded by world-class investors including Evolution Equity Partners, Silver Lake Waterman, 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 30,000 organizations for enterprise risk management, third-party risk management, board reporting, due diligence, cyber insurance underwriting, and regulatory oversight. SecurityScorecard is the first cybersecurity ratings company to offer digital forensics and incident response services, providing a 360-degree approach to security prevention and response for its worldwide customer and partner base.

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DATA SECURITY

Menlo Security Cloud Security Platform Now Available in the AWS Marketplace

Menlo Security | March 01, 2022

Menlo Security, a leader in cloud security, today announced that the Menlo Cloud Security Platform is now available in the AWS Marketplace. Amazon Web Services (AWS) customers now have access to Menlo Security’s isolation-powered platform that eliminates malware threats, connects users to the enterprise applications from anywhere, and scales elastically to meet user demand. Detecting and responding to today's sophisticated threats using yesterday's legacy security tools doesn't work. The Menlo Cloud Security Platform, powered by a patented Isolation Core™, proactively prevents malware threats from reaching workers without sacrificing the user experience. With 75% of work happening in the browser every day, the browser has quickly become the primary attack surface for threat actors, ransomware, and other attacks. Menlo Security recently identified a surge in cyberthreats, termed Highly Evasive Adaptive Threats (HEAT), that bypass traditional security defenses. HEAT attacks are a class of cyber threats targeting web browsers as the attack vector and employing techniques to evade detection by multiple layers in current security stacks including firewalls, Secure Web Gateways, sandbox analysis, URL Reputation, and phishing detection. “Our goal is to ensure our partners and customers are able to access and deploy the Menlo Security cloud security solution on their terms and on their timeline, Today’s threat landscape is constantly evolving and becoming more sophisticated as our recent discovery of HEAT attacks demonstrates. Having our cloud security solution available in the AWS marketplace enables our channel partners to transact and seamlessly support their customers and protect their employees and networks through the AWS Consulting Partner Private Offers (CPPO) program.” Sanjit Shah, head of strategic alliances for Menlo Security Key features of the Menlo Cloud Security Platform include: Centralized Platform - cloud-native platform which prevents malware from reaching users, eliminates the need for multiple appliances, and gives IT managers one interface to navigate. Elastic Isolation Core - The patented Isolation Core™ protects against known/unknown threats and isolates them before they reach users. Zero Trust isolation provides 100% protection without special software or plug-ins, so users don't experience negative impacts or interruption. Elastic Edge - Built to scale globally on demand. It dynamically scales to meet enterprise-level growth-over 3M users-with no performance hit and is easily extendable with a rich set of APIs and integrations. About Menlo Security Menlo Security protects organizations from cyberattacks by eliminating the threat of malware from the web, documents, and email. Menlo Security’s isolation-powered cloud security platform scales to provide comprehensive protection across enterprises of any size, without requiring endpoint software or impacting the end user-experience. Menlo Security is trusted by major global businesses, including Fortune 500 companies, eight of the ten largest global financial services institutions, and large governmental institutions. The company is backed by Vista Equity Partners, Neuberger Berman, General Catalyst, American Express Ventures, Ericsson Ventures, HSBC, and JP Morgan Chase. Menlo Security is headquartered in Mountain View, California.

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PLATFORM SECURITY

Veracode Research Reveals Software Supply Chain Security Shortfalls for Public Sector

Veracode | March 30, 2022

Veracode, a leading global provider of application security testing solutions, has released new findings that show the public sector has the highest proportion of security flaws in its applications and maintains some of the lowest and slowest fix rates compared to other industry sectors. Analysis of data collected from 20 million scans across half a million applications revealed these sector-specific findings as part of Veracode’s annual report on the State of Software Security (SOSS). "Public sector policy makers and leaders recognize that dated technology and vast troves of sensitive data make government applications a prime target for malicious actors. That’s why the White House and Congress are working together to update regulations governing cybersecurity compliance. In the wake of May 2021's Executive Order to improve the nation's cybersecurity and protect federal government networks, the U.S. Office of Management and Budget, Department of Defense and the White House have issued four memos addressing the need to adopt zero trust cybersecurity principles and strengthen the security of the software supply chain. Our research confirms this need.” Chris Eng, Chief Research Officer at Veracode No Time to Waste: Fix More Flaws Faster Veracode’s research found that compared to other industries, the public sector has the highest proportion of applications with security flaws, at 82 percent. When it comes to how quickly organizations fix flaws once detected, the public sector posts the slowest times on average—roughly two times slower than other sectors. The research also revealed that 60 percent of flaws in third-party libraries in the public sector remain unfixed after two years, which is double that of other sectors and lags the cross-industry average by more than 15 months. Finally, with only a 22 percent fix rate overall, the public sector is challenged to keep software supply chain attacks from impacting critical state, local, and educational applications. Eng continued, “Organizations in this sector must act with urgency. They can improve their secure DevOps practices significantly by using multiple types of scanning—static, dynamic, and software composition analysis—to get a more complete picture of an application’s security, which in turn will help them to improve remediation times, comply with industry regulations, and make the case for increasing application security budgets.” High Severity Flaws Are Priority One Demonstrating a positive trend, the public sector ranks highly when it comes to addressing high severity flaws. The research reveals that government entities have made great strides to address high severity flaws, which appear in only 16 percent of applications. In fact, the number of high severity flaws has decreased by 30 percent in the last year alone, suggesting that developers in the sector increasingly recognize the importance of prioritizing flaws that present the greatest risks. This is encouraging and may reflect growing understanding of new software security guidelines, such as those outlined in the U.S. Executive Order on Cybersecurity and the U.K. Government Cyber Security Strategy 2022 – 2030. Eng closed, "Recognizing that time is of the essence, public sector leaders are beginning to set timelines. For example, in “Moving the US Government Toward Zero Trust Cybersecurity Principles”, Shalanda Young has set a deadline of September 30, 2024 for all US federal agencies to meet specific cybersecurity standards. We think that the progress made against high security flaws is a great starting point and support all public sector agencies who seek to gain better control over their software supply chains." About the State of Software Security Report The twelfth volume of Veracode’s annual report on the State of Software Security (SOSS) examines historical trends shaping the software landscape and how security practices are evolving along with those trends. This year’s findings are based on the full historical data available from Veracode services and customers and represent a cross-section of large and mid-sized companies, commercial software suppliers, and open-source projects. The report contains findings about applications that were subjected to static analysis, dynamic analysis, software composition analysis, and/or manual penetration testing through Veracode’s cloud-based platform. About Veracode Veracode is a leading AppSec partner for creating secure software, reducing the risk of security breach, and increasing security and development teams’ productivity. As a result, companies using Veracode can move their business, and the world, forward. With its combination of process automation, integrations, speed, and responsiveness, Veracode helps companies get accurate and reliable results to focus their efforts on fixing, not just finding, potential vulnerabilities.

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DATA SECURITY

Flashpoint Acquires Vulnerability Intelligence Leader Risk Based Security

Flashpoint | January 13, 2022

Flashpoint, the trusted leader in threat intelligence and risk prevention, today announced it has acquired Risk Based Security (RBS), a Richmond, Virginia-based company specializing in vulnerability and data breach intelligence, as well as vendor risk ratings. The integration of RBS’s collections and technology into the Flashpoint platform offers a wide range of cybersecurity practitioners—including cyber threat intelligence (CTI), vulnerability management, DevSecOps, and vendor risk management teams—the contextual threat intelligence and automation they need to detect, prioritize, and thwart emerging cyber risks rapidly and holistically. “I am incredibly excited to welcome the RBS team to Flashpoint,This acquisition will enable our clients to rapidly detect critical vulnerabilities before they are widely known, and then automate how they prioritize and remediate these issues. This is a game changer for security teams and represents a vital step towards achieving Flashpoint’s vision of being the single vendor that enterprises can rely on to mitigate all types of security risks and protect critical assets.” Flashpoint CEO Josh Lefkowitz Since its founding in 2011, Risk Based Security has partnered with a diverse group of clients, including Microsoft, BlackRock, Northrop Grumman, Swisscom, American Electric Power, Amtrak, and numerous other enterprises across the technology, financial, insurance, and consumer goods sectors. To date, RBS possesses over 90,000 vulnerabilities in its collections that are not assigned CVE IDs and therefore do not exist in the National Vulnerability Database (NVD). RBS’s proprietary technology consistently identifies vulnerabilities before they are commonly known—and maps those vulnerabilities to an enterprise’s software—providing clients with a critical edge and head-start on potential adversaries. “We’re thrilled to join forces with Flashpoint,” said Jake Kouns, CEO of RBS. “It’s rare to find two organizations so similar in culture with a mutual drive to get things done. Our visions align perfectly, and we are excited to collaborate with them to bring a holistic, risk-based intelligence offering to a broad market.” AN ASSET-BASED APPROACH TO INTELLIGENCE AND RISK MANAGEMENT RBS’s extensive vulnerability, data breach, and proprietary vendor risk ratings empower security teams to quickly assess and remediate vulnerabilities based on their unique risk profile—making it the only vulnerability management tool on the market that provides scanless, real-time vulnerability intelligence with vendor and product risk ratings. With this technology, Flashpoint will be able to reveal a customer’s exposure to critical vulnerabilities and supply chain weaknesses, provide contextual awareness into how these vulnerabilities are being exploited by threat actors, and prioritize and automate the actions needed to remediate potential threats. In light of recent critical vulnerabilities like the highly-publicized disclosure of Log4j, early detection and rapid prioritization of risks is more important than ever. Moving beyond a reactive approach to threats, a combined Flashpoint and RBS solution will drive immediate and differentiated value to all types of security practitioners who are focused on protecting critical assets and infrastructure. ABOUT FLASHPOINT Trusted by governments and the Fortune 500, Flashpoint helps organizations protect their most critical assets, infrastructure, and stakeholders from security risks such as cyber threats, ransomware, fraud, physical threats, and more. Leading security practitioners—including cyber threat intelligence (CTI), vulnerability management, DevSecOps and vendor risk management teams—rely on Flashpoint's intelligence platform to proactively identify and mitigate risk and stay ahead of the evolving threat landscape. ABOUT RISK BASED SECURITY Risk Based Security (RBS) provides detailed information and analysis on Vulnerability Intelligence, Vendor Risk Ratings and Data Breaches. Our product, the Risk Based Security Platform, combines VulnDB and Cyber Risk Analytics (CRA), providing organizations access to the most comprehensive security intelligence knowledge bases available, including advanced search capabilities, access to raw data via API, and email alerting to assist organizations in taking the right actions in a timely manner.

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This white paper discusses built-in, integrated data protection solutions that combine backup, snapshots, and replication. Read on to learn how you can optimize your data protection and data management lifecycles with the right solution for your enterprise’s needs.

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