SOFTWARE SECURITY

SafeBase Raises $18 Million Series A Round

SafeBase | March 14, 2022

SafeBase
SafeBase, Inc., a smart trust centre that streamlines the security assessment process for B2B SaaS companies, today announced that it has raised $18 million in a Series A round led by global venture capital firm New Enterprise Associates (NEA), with participation from Y Combinator and Comcast Ventures, the corporate venture capital arm of Comcast Corporation. SafeBase has over 100 customers, including Linkedin, Jamf, and Snyk, a cybersecurity firm. The funding will be used to expand the company and hire more employees.

SafeBase is a smart trust centre that allows a company's security posture to be shared and critical document access to be automated. The SafeBase portal gives organizations "self-serve" access, enabling InfoSec teams to understand everything about a company's security programme, shortening the sales cycle and increasing client trust by providing total visibility.

Enterprise adoption of new technologies has traditionally been hampered by security evaluations. As per a recent survey released by TechBeacon, cybersecurity investment would reach $174 billion in 2024, with 69 percent citing regulatory compliance as the key spending driver. Moreover, third-party breaches are growing more prevalent, with 80% of companies reporting at least one breach in the last year. Assessing overall security is critical when considering new corporate technology from a third-party vendor, but it can be a lengthy and time-consuming procedure. SafeBase is built to automate access and deliver security and compliance data for industry standards like GDPR, HIPAA, and SOC2.

Hilarie Koplow-McAdams, Venture Partner, NEA said that "Security reviews are notorious for being disjointed and often complicated—which consequently leads to delayed sales cycles and implementations. SafeBase has developed a long-desired solution that streamlines and automates security reviews within a single platform, giving customers the confidence to make faster decisions for new technology. The product has already displayed impressive market traction and we're thrilled to partner with the SafeBase team as they continue to pioneer the future of vendor security for organizations globally."

Al Yang, CEO, and Adar Arnon, CTO, founded SafeBase after meeting at Harvard and being accepted into Y Combinator's accelerator programme during the Pandemic. Adar served in the Israeli Defense Forces Unit 8200 before to Harvard, therefore the business has excellent engineering teams in both the United States and Israel. Al is a serial entrepreneur who has seen the agony and inefficiencies of vendor security evaluations firsthand. They're on a mission to make the world a better place by enabling organizations with strong security systems to earn a competitive advantage in the sales process.

"At SafeBase, we want all companies, regardless of size or sector, to be able to easily communicate their security posture to the world. We're very proud that the investors at NEA share our vision and want to help us bring it to every company that's serious about building and maintaining trust with its customers."

Al Yang, CEO of SafeBase

SafeBase helps business development and sales teams to expedite security and compliance processes for businesses integrating third-party technology providers, in addition to security and compliance challenges in the sales process. From an organized, interactive dashboard, information security personnel may now view all the data of a company's security programme.

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SIEM solutions have been around since 2000, and they were developed with the goal of helping organizations in the early detection of targeted attacks and data breaches.


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PLATFORM SECURITY

Resecurity® Brings Cyber Threat Intelligence to Microsoft Azure

Resecurity | July 01, 2022

Resecurity, a cybersecurity and intelligence company, today announced its award-winning cybersecurity threat intelligence and risk monitoring platform is now available on Microsoft's Azure Marketplace. Microsoft's Azure Marketplace is the most comprehensive marketplace on the planet, offering thousands of certified cloud applications and software to over four million active users and subscribers. With cyber-risk ranking as a top concern for CEOs and business owners1, enterprises are looking for additional support to secure and manage the evolving cyber threatscape. More importantly, they're looking for trusted vendors who provide scalable, secure solutions that can work inside existing operating systems. Today, nearly 70 percent of organizations worldwide use Microsoft Azure for their cloud services.2 By joining the Microsoft Azure marketplace, Resecurity's software solutions will be easily accessible to the millions of Microsoft Azure customers needing comprehensive cybersecurity management and monitoring. "Enterprises continue to battle increasing cyber threats emerging from the Dark Web and ransomware groups targeting cloud services. Trusted partners like Microsoft Azure have enabled organizations to confidently bring in the cybersecurity expertise and solutions they need to protect their ecosystems. "Resecurity is dedicated to helping organizations worldwide mitigate these risks with our reliable, scalable and accessible cybersecurity and threat intelligence software." Gene Yoo, CEO of Resecurity Resecurity's AI-powered solutions provide proactive alerts and comprehensive visibility of digital risks targeting the enterprise ecosystem. The innovative platform allows administrators to reduce potential blind spots and security gaps by quickly seeing in-depth analysis and specific artifacts obtained through the dark web, botnets activity, network intelligence and high-quality threat intelligence data. Microsoft Azure users who integrate Resecurity into their cybersecurity strategy will benefit from: Around-the-clock security monitoring of your cloud workloads and enterprise ecosystem, In-depth risk evaluation of the entire enterprise ecosystem (Dark Web, Compromised Accounts, Data Leaks, Network Hygiene, Cloud Security, etc.), A scalable software solution that can monitor a digital footprint of any size (Domains, Network Ranges, Cloud-based Nodes), AI-powered threat intelligence that leverages Rescurity's Dark Web intelligence repositories with over 3.4 billion records and cyber intelligence analysts deployed across all continents, Contextualized risk alerts and data-backed suggested actions to enable a proactive security strategy.Just recently Resecurity has been named a gold winner by the 2022 Cybersecurity Excellence Awards in North America. Resecurity's products and services received Gold recognition across 3 categories in highly competitive nominations such as cyber threat intelligence (CTI), threat hunting, and third-party risk management (TPRM). Just recently Resecurity has been named a gold winner by the 2022 Cybersecurity Excellence Awards in North America. Resecurity's products and services received Gold recognition across 3 categories in highly competitive nominations such as cyber threat intelligence (CTI), threat hunting, and third-party risk management (TPRM). About Resecurity Resecurity is a cybersecurity company that delivers a unified platform for endpoint protection, risk management, and cyber threat intelligence. Known for providing best-of-breed data-driven intelligence solutions, Resecurity's services and platforms focus on early-warning identification of data breaches and comprehensive protection against cybersecurity risks. Founded in 2016, it has been globally recognized as one of the world's most innovative cybersecurity companies with the sole mission of enabling organizations to combat cyber threats regardless of how sophisticated they are. Most recently, Resecurity was named as one of the Top 10 fastest-growing private cybersecurity companies in Los Angeles, California by Inc. Magazine. An Official Member of Infragard, AFCEA, NDIA, SIA and FS-ISAC.

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ENTERPRISE SECURITY

DTEX Systems Named to the Enterprise Security Tech Cyber Top 20 List

DTEX Systems | June 18, 2022

DTEX Systems, the Workforce Cyber Intelligence & Security Company™, today announced that it has been named to the Enterprise Security Tech Cyber Top 20 List. The list recognizes the top cybersecurity companies providing the most value to market based on technical product/service innovation, industry analyst recognition, customer testimony, diversity and inclusion initiatives, talent development initiatives, and contributions to the cyber community. “The future of data loss prevention and protection is human-centric, not data-centric. “We’re thrilled to be named to this inaugural list of top cybersecurity companies by Enterprise Security Tech, as it is further testament to the success of DTEX’s innovative, human-centric approach to enterprise security and our team’s continued efforts to expand beyond the capabilities of legacy cybersecurity solutions.” Jonathan Daly, Chief Marketing Officer at DTEX Systems As the first and only Workforce Cyber Intelligence and Security platform to put humans at the center of an organization's cybersecurity matrix, DTEX InTERCEPT offers an innovative approach to data collection and analysis that centers around human activity and intent, providing organizations with the context needed to escalate and remediate an event before malicious insiders attack, or data exfiltration occurs. The InTERCEPT platform brings together the capabilities of Insider Threat Management, User and Entity Behavior Analytics, Digital Forensics, and Behavioral DLP in an all-in-one lightweight, cloud-native platform. Only DTEX InTERCEPT delivers the behavioral context and activity intelligence that answers the Who, What, When, Where, Why and How related to any potential insider threat situation, compromised account event or data loss scenario without invading personal privacy. “The cybersecurity industry is going through an evolution right now,” said Jack Campbell, Editor, Enterprise Security Tech. “The threat landscape is growing at a faster pace than organizations can keep up with - so companies need innovative tools and services that leverage automation and simplification to combat threats at scale. We’re honored to be able to recognize these leaders for the value that they are bringing to the market and their contributions to the fight against cyber threats.” This accolade comes on the heels of two notable industry recognitions from Cyber Defense Magazine (CDM), which named DTEX ‘Most Innovative Data Loss Prevention’ and ‘Publisher's Choice Insider Threat Prevention’ in the 10th annual Global InfoSec Awards. About DTEX Systems DTEX Systems helps hundreds of organizations worldwide better understand their workforce, protect their data, and make human-centric operational investments. Its Workforce Cyber Intelligence & Security platform brings together next-generation DLP, UEBA, digital forensics, user activity monitoring and insider threat management in one scalable, cloud-native platform. Through its patented and privacy-compliant meta-data collection and analytics engine, the DTEX platform surfaces abnormal behavioral “indicators of intent” to mitigate risk of data and IP loss, enabling SOC enrichment with human sensors and empowering enterprises to make smarter business decisions quickly. About Enterprise Security Tech Enterprise Security Tech is a specialized cyber media company with a global presence. The Enterprise Security Tech blog is a cybersecurity blog written for CISOs, CIOs, and security-minded CEOs that brings together critical news, expert insights, and product information to help security leaders make informed business decisions. Enterprise Security Tech is also home to The Cyber Jack Podcast, which brings listeners the latest cybersecurity insights via security experts from around the industry.

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SOFTWARE SECURITY

iboss Joins Microsoft Intelligent Security Association (MISA)

iboss, Inc. | June 02, 2022

iboss, a leader in Zero Trust Edge, announces the expansion of its relationship with Microsoft by joining the Microsoft Intelligent Security Association (MISA), an ecosystem of independent software vendors (ISV) and managed security service providers (MSSP) that have integrated their security products and services with Microsoft’s security products. Through this collaboration with Microsoft, joint customers benefit from secure, fast access to resources from anywhere, which also allows customers greater visibility and immediate response to threats. iboss has integrations with Microsoft Azure Active Directory, Microsoft Sentinel, Microsoft Defender for Cloud Apps and Microsoft Purview Information Protection to further enhance an organization’s value of their Microsoft 365 E5 investment. These solutions offer new capabilities that are fully integrated and simple to deploy. Identity: iboss forces modern authentication to all resources, including legacy applications under the Azure Active Directory (AAD) Umbrella. When users authenticate through Azure Active Directory, iboss grants or denies resource access on a per transaction basis, with real-time Conditional Access policies applied to reauthenticate or step-up Multi-factor Authentication with Azure Active Directory. Security: iboss integration with Microsoft Sentinel, now available in the Azure Marketplace, integrates high fidelity logs about users and resources being requested, also comes complete with real-time active defense workflows allowing SOC analysts fast automated responses to threats that matter. Deployment is live after only a few mouse clicks. In addition, iboss integration with Microsoft Defender for Cloud Apps extends visibility and protection with advanced CASB capabilities by automatically syncing policies and signatures from Microsoft Defender for Cloud Apps to enforce governance actions for secure cloud application access. Compliance: iboss detects and automatically prevents transfer of files tagged with Microsoft Purview Information Protection unified labels and leverages them with iboss Zero Trust DLP rules. In addition, full visibility into the denied transfer request between the user and resource is made available in Microsoft Sentinel to take additional steps as well as Conditional Access rules in Azure Active Directory Cloud: Protection of Azure resource workloads with iboss service being deployed and running directly inside the Azure on a per tenant basis is now available on Microsoft Azure Marketplace. With the ability of iboss service to now be deployed directly in Azure, allows for a customer’s unique IP address to be anchored to each Azure tenant ID, thus creating a tight Zero Trust linkage unmatched by any other Secure Service Edge vendor. “Our Zero Trust Edge platform enables Microsoft customers, and distributed workforces everywhere, to connect securely and directly to all applications from wherever they work. “We help Microsoft customers complete their Zero Trust journey by granting users secure access to critical resources on a per request basis. The depth and breadth of our integrations is unmatched and provides the most use-case protection scenarios. iboss is purpose-built to prevent breaches by shifting the focus from protecting the network perimeter to protecting resources, and we are proud to be expanding to cover Microsoft Security E5 applications through highly differentiated integrations.” Paul Martini, co-founder and CEO of iboss “Preventing unauthorized access to critical resources is essential for Zero Trust." said Desmond Forbes, General Manager of Business Development at Microsoft. "iboss capabilities ensure that trusted users are able to connect to protected resources from anywhere with advanced integrations across Microsoft’s Identity, Security and Compliance platform to help meet our joint customers’ Zero Trust objectives." The iboss Zero Trust platform is a purpose built, patented, cloud delivered security and has more than 100 points of presence globally. A Zero Trust Architecture built on iboss consolidates network security technologies (SWG, CASB, DLP, IPS, malware defense, browser isolation, firewall) into a single unified cloud platform and eliminates the need for a VPN while securing any device, regardless of location. By making all applications private, iboss eliminates the top three initial ransomware infection vectors as identified by Cybersecurity and Infrastructure Security Agency (CISA). With applications, data and services made only accessible through the iboss Zero Trust Edge, cyber risk is greatly reduced, breaches and data loss are prevented, and visibility and security are delivered consistently throughout an organization. About iboss, Inc. iboss is a cloud security company that enables organizations to reduce cyber risk by delivering a Zero Trust service designed to protect resources and users in the modern distributed world. Applications, data and services have moved to the cloud and are located everywhere while users needing access to those resources are working from anywhere. Built on a containerized cloud architecture, iboss delivers security capabilities such as SWG, malware defense, browser isolation, CASB and data loss prevention to protect all resources, via the cloud, instantaneously and at scale. This shifts the focus from protecting buildings to protecting people and resources wherever they are located. Leveraging a purpose-built cloud architecture backed by 230+ issued and pending patents and more than 100 points of presence globally, iboss processes over 150 billion transactions daily, blocking 4 billion threats per day. More than 4,000 global enterprises trust the iboss Cloud Platform to support their modern workforces, including a large number of Fortune 50 companies. iboss was named one of the Top 25 Cybersecurity Companies by The Software Report, one of the 25 highest-rated Private Cloud Computing Companies to work for by Battery Ventures, and CRN’s Top 20 Coolest Cloud Security Companies of 2022.

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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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