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.

Spotlight

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Platform Security

BeyondID Introduces Identity-First Model for Zero Trust Maturity

PR Newswire | October 04, 2023

BeyondID, a leading managed identity solutions provider, today announced the industry's first solution that accurately conveys the true nature of identity within the zero trust security framework. BeyondID's Identity Fabric Model for Zero Trust promises optimal threat detection, investigation, and round-the-clock remediation via the BeyondID Security Operations Center (SOC). The Zero Trust Maturity Model by CISA has gained widespread acceptance and acknowledges the importance of identity as a pillar in modern security, but it undervalues the critical role of identity in ensuring security, stated Arun Shrestha, co-founder and CEO of BeyondID. The effectiveness of your security posture depends on how quickly and accurately you can detect behavioral discrepancies, as recent high-profile security breaches demonstrate. Zero trust cannot be achieved without identity as the fabric. BeyondID is the first managed identity services provider delivering a holistic approach to zero trust. Its Identity Fabric Model supports seamless user experience outcomes by implementing a strong digital identity strategy across the board from devices to network, to apps and workload, to data. This holistic approach ensures optimal threat detection, continuous compliance, risk mitigation, and a high return on IT and security investments. The company also announced that it can provide organizations with the breach protection they need, including a service that can identity, isolate and remediate threats in as little as seven days. Utilizing BeyondID's SOC enables companies to get their zero trust solution up and running quickly, offering 24x7 protection from the persistent threat of cybersecurity attacks. As an esteemed Okta Apex Partner and Okta's most trusted implementation ally, BeyondID is committed to modernizing identity management and digital transformation. BeyondID is launching its next-gen zero trust services at Oktane23. Oktane23 attendees will be offered an exclusive, complimentary Zero Trust Assessment. About BeyondID BeyondID is a leading managed identity services provider that the most successful brands trust to bring their digital identity strategies to life. BeyondID helps organizations streamline their adoption process and ensure their implementations are secure, agile, and future proof. A few of the valued customers that trust BeyondID to keep their organizations secure include ATN International, Discount Tire, Johnson Financial Group, Major League Baseball, Mayo Clinic, Northern Trust, TDECU, and VF Corp. More information about BeyondID can be found at www.BeyondID.com.

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Software Security

ZeroFox Unveils New Anti-Phishing Features to Stop Attacks at Source

ZeroFox | September 22, 2023

ZeroFox, an industry-leading provider of enterprise software-as-a-service for external cybersecurity, has announced the unveiling of multiple anti-phishing product enhancements. These updates solidify ZeroFox's position as the world leader in digital risk protection. Developed using cutting-edge AI/ML technologies and designed by a team of top-tier security experts, these new anti-phishing features boost escalated alert volume, reduce the occurrence of false positives, and expedite the process from threat identification to initial disruption and successful takedowns for all our customers. The importance of these new features cannot be overstated, especially given the rising threat landscape. In the first half of 2023, ZeroFox Intelligence has recorded a substantial increase in the volume and complexity of phishing attacks, including a 30% surge in domain takedowns compared to the first half of 2022. New ZeroFox phishing trend research also highlights the adoption of evasion techniques like cloaking alongside emerging tactics such as SEO poisoning and phishing-as-a-service. These developments underscore the critical role of these new capabilities in safeguarding against evolving cyber threats. Continuous and Complete Protection Against Domain-based Threats ZeroFox adopts a unique approach to phishing compared to email security and conventional anti-phishing providers. Its strategy revolves around the identification, disruption, and elimination of the domains necessary for launching phishing campaigns. With daily monitoring of over 65 million domains, ZeroFox combats various threats like typo squats, subdomain spoofs, homoglyphs, and other malicious domain and URL-based attacks, effectively shielding customers and preventing any disruptions to business operations. Incorporate advanced domain protection capabilities to enhance their cybersecurity measures, aiming to achieve substantial and measurable business outcomes: Reduce Phishing Risks with Anti-Cloaking Capabilities: Strengthen Compliance and Trust with SSL Monitoring Secure Brand Identity with Favicon Search Improve Operational Efficiency with Enhanced Subdomain Coverage Enhance User Experience (UX) with Weblog Monitoring Mike Price, Chief Technology Officer of ZeroFox, said, ZeroFox has been detecting and disrupting phishing attacks for the last decade, constantly enhancing our solution to protect our customers from changing phishing techniques used by threat actors, including the widespread use of malicious cloaking and subdomains techniques. [Source – Globe Newswire] Price stated that the enhanced capabilities being announced represented their ongoing commitment to tackling the increasing phishing challenge encountered by security teams. He emphasized that as phishing continued to evolve, ZeroFox would remain a trusted anti-phishing partner dedicated to safeguarding customers from both current and future phishing techniques. About ZeroFox ZeroFox, a prominent enterprise software-as-a-service provider in the field of external cybersecurity, has revolutionized security beyond the corporate perimeter on the internet, where businesses conduct their operations and threat actors are active. Their platform seamlessly integrates cutting-edge AI analytics, digital risk and privacy protection, full-spectrum threat intelligence, and a robust set of breach, incident, and takedown response tools. This enables them to uncover and disrupt various threats, including phishing and fraud campaigns, botnet exposures, impersonations, credential theft, data breaches, and physical threats that target domains, brands, personnel, and assets.

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Software Security

Conceal and CyberForce Security Announce Strategic Partnership: Amplifying MSSP Services with Advanced Browser Security

Business Wire | September 29, 2023

Conceal, a pioneer in web security innovation, is excited to announce its strategic alliance with CyberForce Security, a leader in cybersecurity products and services. This collaboration is set to enhance CyberForce's already comprehensive technology suite by including ConcealBrowse's elite browser security. We are thrilled to integrate with CyberForce Security, a powerhouse known for its value-driven approach and deep commitment to offering the finest cybersecurity solutions in the industry. By incorporating ConcealBrowse into their portfolio, we're collectively raising the bar in web protection for MSPs of all sizes.commented Gordon Lawson, CEO of Conceal. Miles Dunbar, COO of CyberForce Security, stated, “At CyberForce, our ethos revolves around understanding our partners and clients, both technically and business-wise. By integrating with Conceal's browser security, we're amplifying our promise of delivering only the best-of-breed solutions. This collaboration embodies our dedication to staying at the forefront of cybersecurity innovation.” This partnership aligns perfectly with CyberForce Security's mission of hand-picking elite cybersecurity products and ensuring every business, from start-ups to established giants, has access to top-tier protective solutions. As both companies champion a customer-centric approach, their synergistic endeavor promises to set new benchmarks in MSSP offerings. For Managed Service Providers seeking to fortify their security offerings, we invite you to join the Conceal MSP Community, where the focus is protection where it truly counts: at the browser. As part of our community, you’ll gain complimentary access to NFR licenses of ConcealBrowse. With effortless deployment and user-friendly interfaces, it integrates seamlessly into existing security infrastructures and stands robustly as a standalone solution, offering you unparalleled ease and flexibility. More so, built-in multi-tenancy and monthly billing features open avenues for revenue growth, allowing easy downstream deployment to your clients. Don’t miss this opportunity to enhance your security toolkit and grow your practice. About Conceal Conceal is at the forefront of defending against web-based attacks, using innovative technology to detect, prevent, and shield businesses and individual users from ever-evolving online threats. ConcealBrowse operates on the principle of proactive protection. Its AI-powered intelligence engine, ConcealSherpa, runs at machine speed with virtually zero latency to identify potentially harmful webpages autonomously, stopping cyber attacks that take advantage of weaponized links. For more information, visit https://conceal.io/.

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Software Security

Keeper Security’s Latest Update Improves Android and User Interface

Keeper Security, Inc. | September 25, 2023

Keeper Security, a prominent cybersecurity software provider specializing in zero-trust and zero-knowledge solutions safeguarding credentials, privileged access, secrets, and remote connections, has announced the unveiling of a new, contemporary User Interface (UI) for the Keeper Password Manager application on Android. This awaited release introduces enhanced usability, intelligent search capabilities, and quicker synchronization times. With a focus on a polished appearance and user-friendly interactions, these enhancements are designed to simplify the utilization of Keeper's robust password and passkey management features, offering improved clarity and search functionality. Keeper has adopted an incremental approach to enhancing the user experience, consistently refining the appearance, usability, and overall feel of its applications while staying mindful of the importance of consistency, familiarity and the world-class security and functionality that Keeper users have come to expect. With this update, Keeper's new user experience has been effectively implemented across all platforms, encompassing desktop, web browsers, and iOS. Android users can also anticipate an upcoming dark mode experience soon. Android users of Keeper will encounter refreshed themes, including a default Light Mode and improved user-selectable themes. Additionally, new features include: Streamlined Usability Friendlier Interface Accessibility and Inclusion Advanced Search Craig Lurey, CTO and Co-Founder of Keeper Security, said, We are excited to introduce these enhancements to our Android app, completing the rollout of our stunning new user interface (UI) to every Keeper user. [Source – Cision PR Newswire] Lurey stated that the update represented their ongoing commitment to delivering the best possible user experience while maintaining the highest security standards. He mentioned that with the improved usability, modernized interface, and lightning-fast sync times, Keeper Password Manager for Android continued to be a go-to solution for organizations and individuals looking to secure their digital identities. About Keeper Security Keeper Security is revolutionizing the way to secure passwords, confidential data, and secrets for individuals and organizations worldwide. The company's user-friendly cybersecurity platform is built on the foundation of zero-trust and zero-knowledge security, providing protection for users on all devices. Its solution is quick to deploy and seamlessly integrates with any technology stack, effectively preventing breaches, lowering help desk expenses, and ensuring compliance. Trusted by millions of individuals and numerous global organizations, Keeper leads in top-tier password management, privileged access, secrets management, secure remote access, and encrypted messaging solutions.

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Spotlight

The reality of email is that cybercriminals can use almost any brand or email domain to send spam, phishing emails, and malware installs, inflicting direct losses to customers and eroding the brand equity companies have spent years building up. The solution is DMARC, which allows companies to understand all the different mail st

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