Prioritising policies: how business can avoid becoming cyber-complacent

IT Pro Portal | February 27, 2020

The rapid development of new communication technologies and online tools has led to more of us being more connected, and around the clock. Our lives and businesses are in many ways intertwined, with so many workers and consumers relying on personal or sensitive information to access the services they need. And while the technology boom in recent years  – from cloud storage to IoT devices – has brought down barriers and allowed businesses to flourish on a global scale, it has simultaneously further exposed corporate and customer data. As a result, there is now an even greater onus on organisations to implement effective security protocols, with a lot more at stake than just financial results.

Spotlight

"As a leading provider of financial services to agribusinesses, Rabobank Australia and New Zealand has many rural customers. Internet banking is an important service for customers that are located far from bank branches.

To address customer concerns while mitigating the potential risks, the bank needed ways to protect those online banking transactions.

Read this case study to learn about safe and secure transactions that will increase customer confidence."


Other News
SOFTWARE SECURITY

UL Launches New SafeCyber™ Solution and Platform Features to Address Mounting Security Threats

UL | June 07, 2022

UL, a global safety science leader, today announced the latest enhancements to its product security and compliance life cycle management platform, SafeCyber. Launched last year, SafeCyber aims to democratize product security and empower device manufacturers, suppliers and system integrators to take charge of their connected ecosystems and mitigate growing threats from chip to cloud. Amid an uptick in supply chain attacks, a shortage of security expertise and a dynamic regulatory environment, UL's new SafeCyber dashboard provides users with a comprehensive view of their product security maturity and projects in one place. SafeCyber also provides an easy-to-use portal to help users discover available device life cycle solutions to better manage and secure their ecosystems. Through this new dashboard, users can view all their product security testing and evaluation activities in a single, central location. The new feature provides visibility on the security maturity of their product lines and certification readiness to industry standards, including ISA/SAE 21434 and IEC 62443 4-1, among others. Additionally, UL formally announced Binary Check™, a new SafeCyber platform solution. Binary Check allows users to perform continuous, automated binary code analysis to ensure ongoing security and compliance readiness of connected devices and systems. This new solution includes the ability to generate a software bill of materials (SBOM), detect and manage vulnerabilities for faster remediation and obtain compliance readiness analysis. "The skyrocketing adoption of connected devices creates countless benefits and opportunities but also leads to an increasingly large and attractive attack vector for bad actors. "As devices become progressively connected, it's challenging for businesses to keep up with growing device and security system complexities, making them vulnerable to ransomware and firmware attacks. Hardening security requires a proactive approach. At UL, we are committed to enabling organizations to innovate and bring products to the marketplace safely and securely. With SafeCyber, customers benefit from a 360-degree view of their security governance and processes to better manage and mitigate product security risks." David Nosibor, platform solutions lead, Identity Management Security and head of UL's SafeCyber project About UL UL is a global safety science leader. We deliver testing, inspection and certification (TIC), training and advisory services, risk management solutions and essential business insights to help our customers, based in more than 100 countries, achieve their safety, security and sustainability goals. We believe our deep knowledge of products and intelligence across supply chains make us the partner of choice for customers with complex challenges.

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PLATFORM SECURITY

Cerby Launches With World’s First Security Platform for Unmanageable Applications

Cerby | June 28, 2022

Cerby officially launched today with the world’s first security platform for unmanageable applications and an approach that enhances security practices by empowering both employees and security teams. The Cerby Zero Trust architecture takes on the challenges of unmanageable applications in the shadow IT universe—technologies that are selected and onboarded by business units outside the purview and visibility of the IT department, or don’t support industry standards like SAML for authentication and SCIM for user provisioning. The Cerby offering is very different from other options on the market because it moves security automation capabilities into the hands of business users—in effect, it balances empowerment and autonomy with security and productivity. The company, which has been operating in stealth mode since 2020, already has early customers—including Fox, L’Oréal, MiSalud, Dentsu, Televisa, and Wizeline—where the technology is used to address common application liabilities efficiently while facilitating collaboration. It also announced today $12 million in seed funding from Ridge Ventures, Bowery Capital, Okta Ventures, Salesforce Ventures and others, bringing total funding to $15.5 million. “Our goal at Cerby is simple but sweeping: To increase productivity for enterprises by empowering employees to use the technologies they prefer while automating compliance and security,” said Co-Founder and CEO, Belsasar Lepe. “In this era of IT consumerization, employee choice and enterprise security are not mutually exclusive—with the right tools and strategies, they go hand-in-hand. When business professionals get real autonomy, security becomes everyone’s responsibility, rather than just one of many priorities for the IT department. The Cerby platform for unmanageable applications enables organizations to boost efficiency, comply with existing policies and reduce exposure to cyberattacks—it’s truly a win-win-win.” Cerby’s enrollment-based platform combines proprietary technology, robotic process automation (RPA) and seamless integrations with identity providers like Okta and Azure AD. This powerful functionality enables the platform to understand commonly used SaaS applications in a business context, and automate security policies before they lead to breaches. The scale of the problem is undeniable, in part because while employees choose the applications, they don’t pay for them. Analyst firms, such as Everest Group report that shadow IT spending represents 50% or more of the overall IT outlay in large enterprises. Meanwhile, teams preferring application autonomy are twice as likely to prioritize productivity over security. Cerby’s own research confirms this trend. The company just commissioned its own study of this critical subject, and the preliminary findings show how much attitudes have hardened with regard to employee choices. The comprehensive study of over 500 business professionals in North America and the UK employed by companies with more than $100M in annual revenue, conducted in partnership with Osterman Research, reveals that a staggering 91% of respondents believe they should have full control over the applications they purchase. On a related note, 52% want the company or IT department to “just get out of the way,” and when employers disallow applications desired by end users, respondents say it will “negatively affect” the way work gets done. To be clear, these perspectives are not emerging from a vacuum. More than three quarters of the companies surveyed, 78%, have policies in place regarding which applications employees can and cannot use, and just over half the respondents report knowledge or experience of particular applications being disallowed. These actions don’t necessarily go down well with employees: 68% ask for an alternative solution, preferably one that is stress-free and automated; 35% seek an alternative of their own, while stating that it negatively affects the way work is done; and 42% “demand a good reason” for the ban. “We chose Cerby because we needed a secure and centralized place to manage access to our paid social accounts. “Because Cerby can seamlessly integrate with our organization’s single sign-on technology and also connect to the social platforms’ APIs, we are able to create organizational efficiencies by granting and removing access within one place. Additionally, the automated access removal of employees who have left the company provides a level of security we did not previously have.” Nina Donnard, AVP, Paid Social, L’Oreal The issue of unmanageable applications within the organization is particularly sensitive because it puts two forces—employee autonomy and corporate security—in direct conflict. The C-suite—enterprise CIOs, CMOs, CISOs—wants security to be frictionless; when security teams take a heavy-handed approach, they often end up blocking key applications and negatively affecting productivity. This encompasses three core problems, which are sometimes contradictory. They feature: Brand risk (including errors, cyberattacks, and fraud); non-compliance (corporate policy, contracts, and industry/government regulations); and inefficient processes (insufficient resources; inconsistent, error-prone access reviews; extraneous steps and wasted time). Cerby steps into this chasm with numerous capabilities to plug security, compliance and productivity gaps. For example, end users can log in securely to any application, even those that don’t support SSO natively, store log-in data, and share this information securely with collaborators. At the same time, IT and security teams can set policy at the application, team, and company level. Throughout this process, Cerby is actively monitoring connected applications to ensure they are securely configured to meet corporate security standards for two factor authentication, password complexity and many other commonly missed security settings. “I love that Cerby solves a problem every CIO faces: unmanageable applications,” said Yousuf Khan, Partner at Ridge Ventures and former CIO. “When non-IT employees use unauthorized applications, they might be gaining productivity, but they are also unlocking a Pandora’s box of security vulnerabilities. The pandemic only made it worse: 71% of users in the US now acquire their own applications to do their jobs. Cerby is the first solution I’ve seen that significantly reduces the risk of these unmanageable applications by applying zero trust principles and automating the entire application lifecycle. The best part of it is that it’s not a top-down, managerial edict: Employees become an active and motivated part of the solution. Business professionals get the power to choose their applications, productivity gets a boost, and the company ensures security and compliance–everyone wins. Other cybersecurity products demand enforcement; Cerby encourages enrollment. This is the best way to enhance employee trust and increase productivity.” The technology is designed to help teams in diverse disciplines use the applications they choose while ensuring security. For example, marketing teams can now securely use any social platforms they prefer—Cerby provides a single place to add and remove access for employees and third-party agencies instead of signing into multiple social accounts and sharing passwords. In other fields, such as finance, Cerby provides an easy way for CFOs and their teams to securely manage access to bank accounts and credit lines without having to share passwords. About Cerby Cerby delivers the world’s first platform built to positively guide employees' security behaviors no matter which applications they use. We protect brands around the world, including some of the most recognizable businesses, by taking an approach that empowers both employees and security teams, using Zero Trust principles. Our proprietary technology uses robotic process automation to understand applications in a business context and automatically enforces security best practices before misconfigurations turn into breaches. Cerby is a must-have for technology executives and their teams to protect the brand, stay secure and increase productivity.

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SOFTWARE SECURITY

CyberSaint Releases CyberStrong Version 3.20 Empowering Customers to Further Automate the Cyber & IT Risk Management Function

CyberSaint | June 22, 2022

CyberSaint, the developer of the leading platform delivering cyber risk automation, announced the release of CyberStrong version 3.20 today, providing customers with the ability to further automate the assessment process via continuous control automation with Tenable and Microsoft Azure Security Center integrations. “CyberSaint’s continuous control automation functionality changes the way that security and risk teams perform assessments, and ultimately, manage cyber risk,” said Jerry Layden, CEO of CyberSaint. “Being first-to-market with this technology is exciting for us, and positions us to redefine the cyber and IT risk management market at large.” Until now, the process of assessing an organization’s cybersecurity risk posture against a framework or standard has been manual. CyberStrong’s continuous control automation leverages natural language processing (NLP) to map telemetry coming in from various security products, such as Tenable and Microsoft Azure Security Center, to controls in a customer environment, automating scores at the control level and pulling in evidence. Want to see this new feature in action? Register for the Live Demo on July 12th at 3:00pm EDT or watch after on-demand. “Having the capability to integrate with cybersecurity solutions such as those in a hybrid cloud environment is essential for successful integrated risk management (IRM) technologies. “IRM solution providers like CyberSaint offer companies real-time visibility and understanding of their cybersecurity risk. This provides a competitive edge by giving business leaders actionable data to mitigate growing cybersecurity and associated digital risks.” John A. Wheeler, Founder and CEO of Wheelhouse Advisors and former Gartner IRM analyst CyberSaint’s integration with Tenable allows customers to: Identify and create mappings to controls and control actions Automate the scoring of vulnerability scanning controls Keep assessment control scores up to date with every successful vulnerability scan CyberSaint’s integration with Microsoft Azure Security Center allows customers to: Pull in policies from Azure and relate their compliance to assessments within the CyberStrong platform Query the customer Azure configuration and correlate directly to NIST 800-53, the CSF, and additional standards such as CMMC, PCI, HIPAA, and more Provide nightly updates to control actions within the CyberStrong platform to keep compliance status up to date which aids in viewing variance of controls when evaluating risk About CyberSaint CyberSaint's mission is to empower today's organizations to build a cybersecurity program that is as clear, actionable, and measurable as any other business function. CyberSaint's solutions empower teams, CISOs, and Boards to measure, mitigate, and communicate risk with agility and alignment.

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PLATFORM SECURITY

TAC Security Launches the ESOF Vulnerability Prediction Feature

TAC Security | June 13, 2022

TAC Security, a Silicon Valley-based Cybersecurity company, announced the launch of their ESOF Prediction Feature. The Prediction feature allows the organizations to forecast the quantity of new vulnerabilities in an asset for the coming month. The results will be based on the vulnerability specifics from anyone’s most recent scan results for each Asset type. The feature anticipates the ESOF cyber scores of various Asset types present in one’s infrastructure and based on the number, the predicted vulnerabilities are generated. The count of predicted vulnerabilities gets further divided based on severity levels for e.g., Critical, High, Medium and Low. ESOF predicts the number of vulnerabilities in the coming months and generates a cyber score based on that for the coming months. The platform will predict the following - Monthly Prediction of Vulnerabilities. Prediction of ESOF Cyber Score Prediction of Vulnerabilities that can be patched Prediction of Type of Vulnerability(s) ESOF also allows the count of predicted vulnerabilities to be compared to the number of actual vulnerabilities. The representational graphs will contain both the actual count and predictive count of the vulnerabilities for the coming months. “The prediction feature allows security teams to foresee threats and prepare for them. If the security team needs training or resources, knowing in advance allows them to invest time and resources to improve their security processes. ESOF plays an essential role in allowing teams to discover, prioritize and remediate before situation demands, rather than mass efforts like other tools,” said, Trishneet Arora, Founder and Chief Executive Officer, TAC Security. “We are thrilled to take the next step to ensure ESOF becomes Cybersecurity's Future. The Prediction feature is a revolutionary contribution by TAC Security to the ever-evolving Risk and Vulnerability Management market. The ability to foresee threats allows not only the security teams and leaders to be prepared. And gives them the chance to communicate with the whole organization, including the Board Members, so they know what to expect. It allows the organization to be well prepared and plan their resources to strengthen their security processes and reduce the chances of a breach remarkably.” Chris Fisher – CMO, TAC Security This announcement closely follows TAC Security’s recent launch of another new product, ESOF Product CyberScore. The product provides ability to generate risk scores for each product installed in the system. In addition to an individual product risk score for the product on a single asset, there is also a group score that will be based upon all the assets that have the product installed. With the overall product score, they can easily identify the most vulnerable products present in all the assets and prioritize the top 10 most vulnerable products present in the organization. The prediction model is a major stepping stone in TAC Security’s mission of ensuring a cyberscore becomes the next credit score system for organizations to be considered compliant. The ability to forecast upcoming vulnerabilities gives organizations an edge over the adversaries and continues to strengthen the risk posture of their overall IT infrastructure. About TAC Security TAC Security, headquartered in San Francisco, is a global leader in Vulnerability Management that protects Fortune 500 companies, leading enterprises, and governments around the world. TAC Security manages 5+ Million vulnerabilities through its Artificial Intelligence (AI) based Vulnerability Management Platform ESOF (Enterprise Security in One Framework). TAC Security has established strategic partnerships with leading cloud providers and managed service providers and consulting organizations including Tech Mahindra, IBM, KDDI Japan, and distributors including Dataguard Technologies LLC and Ingram Micro.

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Spotlight

"As a leading provider of financial services to agribusinesses, Rabobank Australia and New Zealand has many rural customers. Internet banking is an important service for customers that are located far from bank branches.

To address customer concerns while mitigating the potential risks, the bank needed ways to protect those online banking transactions.

Read this case study to learn about safe and secure transactions that will increase customer confidence."

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