DATA SECURITY,PLATFORM SECURITY,SOFTWARE SECURITY
Blackpoint Cyber | November 11, 2022
Blackpoint Cyber, a leading technology-focused cybersecurity company, has released three product features this fall, as they look ahead to 2023.
“I am consistently blown away by the Blackpoint Cyber team. Our desire to improve the security posture for our partners is an ongoing journey as we continue to expand an ecosystem of products which address the needs of MSPs and customers in todays’ dynamic threat landscape. As someone with previous experience in the MSP space, it is refreshing to see how much our team really loves the channel and strives to regularly provide additional value by helping MSPs to secure themselves as well as their customers,” said Justin Weller, Director of Business Development at Blackpoint Cyber.
Blackpoint partners can stay ahead of cyberthreats with the following products:
Security Configuration Benchmarks for M365 – Vulnerability Mapping to CIS Benchmarks for Cloud Environments
CIS foundation benchmark for M365 and Azure provide prescriptive guidance for establishing a secure baseline configuration. Blackpoint has reviewed every control on your behalf and made recommendations on several to harden your customer environments. Now you can compare your security measures to Center of Internet Security Benchmarks directly in the Blackpoint portal. Assess your standing against these internationally recognized security standards and implement the recommended changes to reduce the attack surface in cloud tenants.
MDE Vulnerability Report—Security Visibility Unlocked
The capabilities of Blackpoint’s product bundle, Blackpoint Response, have grown. With Managed Defender for Endpoint, we've introduced internal vulnerability reporting to help you better assess your customers’ security posture, directly within the portal. The reports include recommendations for remediation and simplify the process to action them. Improvements based on the reports may pertain to expiring certificates, device exposure, or vulnerable software.
macOS Agent—The Power of MDR Within Your Mac
After many requests from their partner community, due to a lack of true Mac MDR, Blackpoint’s flagship MDR product, SNAP-Defense, is now available to monitor and respond to threats on Apple devices running macOS. As the macOS market share in business settings continues to grow, Blackpoint partners now have the capability to provide protection to those assets.
About Blackpoint Cyber
Blackpoint Cyber offers the only world-class, nation-state-grade cybersecurity ecosystem serving the MSP community. Using its own software and SOC, Blackpoint’s true 24/7 MDR service not only detects breaches earlier than any other solution on the market, but also provides an actual response rather than just an alert to keep your and your clients’ networks safe from widespread damage.
DATA SECURITY,PLATFORM SECURITY,SOFTWARE SECURITY
Fordefi | November 09, 2022
Fordefi, a financial technology and software company, today announced an $18 million seed round and the public launch of its institutional MPC wallet built for transacting on decentralized applications (dApps). Led by Lightspeed Venture Partners, the investors of the firm's initial capital raise also include Electric Capital, Alameda Research, Jump Crypto, Castle Island, Pantera Capital, Illuminate Financial, PayPal Alumni Fund, Nima Capital, Digital Currency Group, Defiance Capital and StarkWare.
"The Fordefi team is bringing to market a solution that addresses two of the biggest challenges in DeFi today: institutional-grade security and smart contract transparency," said Sam Harrison, Senior Advisor at Lightspeed Venture Partners and Managing Partner at Faction. "We are excited to support an experienced team bringing a powerful solution to market that directly solves pain points that have held institutions back from achieving the full potential of decentralized finance."
"Wallet hacks made major headlines this year. Until now, decentralized finance was missing a secure, stable, and seamless way to connect to dApps," said Ken Deeter, Partner at Electric Capital. "Fordefi's single-browser extension paired with a top-notch institutional grade MPC wallet platform will unlock opportunities across DeFi for all crypto-native institutions. We're excited to be part of Fordefi's journey, as an investor, design partner and customer."
Introducing the Fordefi Platform
Co-founders Josh Schwartz, CEO, Dima Kogan, CTO, and Michael Volfman, Vice President of Research and Development, began developing the Fordefi platform in 2021, an unprecedented year for crypto adoption, as institutions took notice of the explosive growth and massive volumes of digital assets moved into the markets. A boom in the development of new blockchains and decentralized applications created opportunities for investing that institutions could not safely participate in, as available wallets had been designed years before and lacked the technology to securely and confidently connect them.
"Decentralized finance is evolving quickly and its complexities require a dynamic solution," said Schwartz. "Legacy wallet providers are unable to meet the needs of institutions that want to access the new opportunities DeFi has created while ensuring their assets are protected. Fordefi has taken a DeFi-first approach and has built a solution engineered for how clients interact with dApps."
"DeFi transactions are much more complex than simple asset transfers, and that's the key to DeFi's exciting new opportunities," said Kogan. "Unfortunately, this complexity also brings with it many new security risks. Fordefi enables institutions to interact with DeFi applications with increased operational efficiency and security through in-depth visibility into each transaction and the ability to set the right controls."
A first of its kind wallet and security platform, Fordefi enables market participants to easily and securely connect to decentralized applications. Fordefi's platform is the only institutional MPC wallet on the market built for firms transacting on decentralized applications across blockchains. The solution delivers a previously unavailable degree of insight into transactions, translating smart contracts into language that users can understand, simulating every transaction in advance and independently verifying dApp names. Its advanced MPC key management capabilities are built to protect against any single point of failure, and the platform's unique policy management capabilities offer users the ability to create and define their own workflows, proactively protecting themselves from both internal and external vulnerabilities.
"Fordefi has been a tremendous addition to our DeFi workflow. We've seen accelerated deployment efficiency across a comprehensive set of on-chain opportunities, alongside enhanced user intuitiveness and without compromising security." Shane Al, Head of Investments at Arc Capital and Fordefi design partner.
"The Fordefi platform provides robust solutions for institutions to access thousands of DeFi opportunities with the highest levels of security. The platform is extremely customizable and allows us to manage our own policies and controls, ensuring a balance between flexibility and security - crucial for liquid fund strategies." Jacob Goh, Head of Operations & Investor Relations at DeFiance Capital, Fordefi investor and design partner.
Fordefi's MPC wallet platform and Web3 gateway enables institutions to seamlessly connect to dApps across a wide range of chains while keeping digital assets secure. Fordefi is the first institutional MPC wallet and security platform built for decentralized finance (DeFi), offering MPC key management, self-serve DeFi policy controls, time-of-transaction smart contract insights, transaction simulation and risk alerts. Fordefi was founded in 2021 by crypto custody and cybersecurity experts, and designed in close collaboration with industry-leading trading firms, funds and custodians. Fordefi is a financial technology and software company with offices in New York and Tel Aviv.
About Fordefi's Founders
Josh Schwartz, Dima Kogan and Michael Volfman founded Fordefi after establishing themselves with decades of experience as leaders in crypto, cybersecurity, and financial services. Schwartz served as Chief Operating Officer at Curv, an institutional MPC wallet acquired by PayPal in 2021, and was Vice President of Sales at digital custody platform BitGo. Dr. Kogan's career spans more than 15 years in academia, industry and government. He received his PhD from Stanford with a specialization in applied cryptography and was awarded the "Best Young Researcher" prize at Eurocrypt 2018, the Theory of Cryptography Conference 2019, and Eurocrypt 2020. Volfman is an engineering manager with 20 years of experience in cybersecurity, serving as Vice President of R&D at Toka, was Chief Technology Officer and co-founder of an edtech startup, and a Director at Guardicore.
ANGLEPOINT | December 08, 2022
Anglepoint, the leading Software Asset Management (SAM) services provider for the Public Sector and the Global 2000, has launched the Software Supply Chain Security (SSCS) offering. As mandated by Executive Order 14028, federal government agencies must complete a full audit of their software as part of widespread efforts to improve the nation's cybersecurity. The SSCS offering encompasses a pre-packaged suite of tools and support for agency compliance with the new requirements as set forth by the Office of Management and Budget (OMB) in accordance with the National Institute of Standards and Technology (NIST) under publication 800-218.
"More than ever before, the government's mission to safeguard information and systems against threats and vulnerabilities sits firmly at the forefront of every agency Chief Information Security Officer (CISO). Anglepoint stands ready to assist Federal agencies in meeting all requirements as specified by the OMB security regulations in accordance with NIST 800-218 within the designated time frames. We are excited to collaborate with government agencies to meet these important milestones."
-Philippe de Raet, Anglepoint's Vice President of Business Development for Public Sector clients.
SSCS addresses the three major areas of the regulations that agencies must meet, including: 1) completing a software inventory, 2) developing process and training plans, and 3) attaining self-attestation from all software vendors. Anglepoint's Chief Product Officer, Kris Johnson, says, Anglepoint understands the unique security concerns faced by the US government. SSCS was carefully crafted to offer agencies a level of service in achieving compliance with these complicated regulations that is not available anywhere else. Rather than relying on already over-burdened internal teams or a patchwork of outside consultants, Anglepoint's SSCS experts take agencies through each step necessary to achieve compliance while adhering to the quick succession of deadlines.
Anglepoint is the leading provider of SAM & ITAM services to the Fortune 500 & Global 2000. Anglepoint's services drive cost optimization, risk mitigation, strategic planning within the cloud, SaaS, enterprise software and hardware estates of complex hybrid IT environments. We deliver comprehensive managed services including SAM strategy, execution, process automation, technology selection and implementation.
ENTERPRISE IDENTITY,PLATFORM SECURITY,SOFTWARE SECURITY
Bearer | November 15, 2022
Bearer, the data-first security software company, today announced the general availability of the Bearer Data Security Platform. Based on extensive interviews with more than 130 enterprise CISOs at high-growth and global 2,000 companies, Bearer is in beta use across multiple industries with one customer protecting the private data of more than 75 million medical patients.
“At Bearer, we strongly believe the best approach for a data-first security approach is to start at the beginning of the journey, following the shift-left security trend. “Data-first security should start in the code. And to be truly effective, it should never impede developers and never allow access to private data itself while still providing ownership context and protecting against vulnerabilities created in the business logic of an application or service.”
said Guillaume Montard, CEO and co-founder of Bearer
Why Bearer Data Security Platform Now
Data security is becoming a top priority for businesses, with customers and governments demanding better data protection driven by the demands of GDPR, CCPA, PDPA and more. Bearer’s detection engine protects PD, PHI, PII and financial data.
Cloud native organizations have more complex and fragmented architectures than ever before, making properly-implemented data security risk controls impossible without a proper solution. More than two-thirds of the enterprise 2,000 are focusing on cloud-native applications.
DevSecOps is gaining huge traction. 57% of security teams have shifted security left already or are planning to this year, making them ready to use a solution such as Bearer.
Bearer has been tested on more than 20,000 open source software projects as well as more than 6,000 data repositories at beta users, partners and early customers.
The Bearer Data Security Platform
Bearer is a SaaS platform that enables scalable deployments and workflow automation for security management. It discovers sensitive data flows automatically by continuously scanning source code and associated metadata. By monitoring data security risks proactively, it can automatically detect gaps within data security policies during coding and in production. Finally, it can remediate data security issues at a massive scale, giving developers immediate actionable advice on how to mitigate as well as prioritize an issue.
Bearer accomplishes these results through three major innovations:
Identification of data security risks – Including business logic flaws: Bearer pinpoints data security technical and business logic flaws in code before it’s too late and costly to correct. It then provides actionable context and ownership information to fix issues quickly – in minutes. Before Bearer, pinpointing business logic flaws could only be achieved manually – often left ignored.
Frictionless deployment: Bearer is a data security SaaS solution that fits into the development cycles of Global 2000 enterprises without requiring any changes to how software engineering teams work. Additionally, Bearer does not require access to the underlying source code nor the sensitive data itself.
Extreme automation: Designed by developers for developers in a world of constant code iterations, Bearer automates the burden of data security compliance for software engineers so they don’t have to become experts on data security regulations across different global markets. Security and compliance teams love how Bearer prioritizes the most critical issues in remediation workflow to allow for speedy resolution between security and development.
Bearer, the data-first security software company, pioneered a solution for developers to automatically detect sensitive data flow and data security risks while coding. Its policy engine proactively monitors data security policies before releasing code and its unique remediation workflow prioritizes the most critical issues – including business logic flaws – for quick resolution between security and engineering teams. Venture-backed with more than $8 million in seed financing, Bearer is used in markets where privacy protection and data security are business-critical, including eCommerce, financial services, and healthcare.