SOFTWARE SECURITY

Syscoin Launches Network Rollup Facility

Syscoin | June 13, 2022

Syscoin
Syscoin, a cutting-edge base layer protocol that incorporates the composability of Ethereum-style smart contracts with the Bitcoin Network's industry-leading security, announced today the upcoming release of Rollux, a suite of developer-ready scaling solutions for developing decentralized applications at the speed of Web2 architectures.

“At Syscoin, we are constantly improving the architecture of our platform to offer the most capable solution for developers who want to build with Bitcoin’s security, Ethereum’s flexibility, and, beginning today, Syscoin’s own scaling solutions. The launch of our in-house Layer 2 rollup suite marks a major milestone in the evolution of the Syscoin Network toward being the ultimate foundation for applications aimed at individuals, global enterprises and even governments around the world.”

Jag Sidhu, Syscoin Foundation’s lead developer and president

Moreover, Syscoin uses its unique Proof-of-Data-Availability (PoDA) breakthrough with Rollux to secure accessible off-chain data for rollups. Apart from Ethereum, Syscoin will be one of the first chains to host optimistic rollups and the only one to use Bitcoin's gold-standard proof-of-work hashing for its own security. As Ethereum evolves toward a proof-of-stake consensus paradigm, this difference will become more relevant.

Syscoin's development plan is divided into three segments. The first phase concluded in December with the release of Syscoin's Network-Enabled Virtual Machine (NEVM). Syscoin's NEVM parallel Layer 1 chain allows developers to construct Ethereum-compatible, smart-contract-based decentralized apps on the Syscoin Network. Rollux is Syscoin's in-house Layer 2 rollup suite and marks the next step in the company's evolution.

Rollux will provide scaling solutions to applications that use the Syscoin Platform foundation layer in order to provide decentralized services at Web2-like speeds. Furthermore, the Rollux suite will be a comprehensive Layer 2 solution that covers the full range of scaling methods. Rollux will first provide Optimistic rollouts before extending to include ZK rollups when they become practicable.

When it is released, Rollux's optimistic rollup utility will use modular scaling technologies to provide the most efficient, cost-effective, scalable, and secure Layer 2 available. Syscoin will unleash performance and scalability 50 times that of existing Layer 2s and 5000 times that of the Ethereum mainnet with direct EVM counterparts like Arbitrum's Nitro and Optimism's Cannon. This powerful platform will continue to progress the sector for many years to come, ultimately ushering in stateless Layer 2 systems that offer a significant advancement in scalability and security.

Syscoin Rollux will represent the cutting edge of scaling technology for Solidity-based smart contracts, with Layer 2 scaling coupled to Bitcoin's security standard. Moreover, since the smart contract layer is entirely EVM-compatible, it will be straightforward to onboard applications from Ethereum that want to add Bitcoin's security at scale. Finally, since the non-profit Syscoin Foundation is releasing the Rollux suite, the project will avoid charging excessive fees and using token schemes that add friction and costs to consumers.

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PLATFORM SECURITY

Cloud Security Alliance Offers Governance Best Practices for Protecting Data Throughout Software-as-a-Service (SaaS) Lifecycle

Cloud Security Alliance | June 10, 2022

The Cloud Security Alliance (CSA), the world’s leading organization dedicated to defining standards, certifications, and best practices to help ensure a secure cloud computing environment, today released Software-as-a-Service (SaaS) Governance Best Practices for Cloud Customers. Drafted by the SaaS Governance Working Group, the paper provides a baseline set of SaaS governance best practices for protecting data within SaaS environments, enumerates and considers risks according to the SaaS adoption and usage lifecycles, and finally, provides potential mitigation measures from the SaaS customer’s perspective. The SaaS environment ultimately presents a shift in the way organizations handle cybersecurity that introduces a shared responsibility between producers and consumers. While the domain of cloud adoption and security continues to evolve, not much guidance is available regarding SaaS governance and security. This, despite the reality that increasingly, different departments within an organization (Shadow IT) are occasionally utilizing SaaS offerings to power their critical business processes and functions and often storing sensitive data in SaaS environments. “SaaS requires a different security governance mindset. Because SaaS apps allow businesses to quickly and easily optimize business operations, adoption has come at the price of security. Few recognize how complex the configuration and permission settings of SaaS apps can be, which results in numerous misconfigurations, giving attackers the potential to access sensitive data,” said Amir Ofek, CEO of AxoniusX, the new innovation unit of Axonius, which sponsored the paper. “By following a widely adopted security framework, such as NIST CSF, coupled with the best-practices and recommendations in this document, organizations will be able to better establish SaaS governance and security processes to mitigate risk associated with SaaS usage, eliminate misconfigurations, and gain full control over their entire SaaS environment.” “While SaaS offers tremendous opportunities for organizations to change the way they operate, consume innovative capabilities, and offload many of the operational burdens associated with both creating and maintaining applications, it isn’t without its concerns. As organizations continue to adopt SaaS-based applications and solutions, traditional organizational cybersecurity must be updated to reflect this new operating model. Failing to do so can increase the potential risk and ramifications of security incidents associated with the consumption of SaaS.” Chris Hughes, co-founder and CISO at Aquia and project lead/lead author of the paper The guide defines three necessary components that, when combined into a cohesive strategy, can provide integrated security for SaaS systems and solutions: Process security. Protects the integrity of procedural activities to ensure the input and output of processes aren’t easily compromised. These are the managerial aspects, including policies and procedures, to ensure that an organization’s processes are consistent. Platform security. Deals with the security strength of the platform and the underlying dependencies of a SaaS service. These include the SaaS infrastructure, operating systems, and its potential suppliers. Application security. Deals with the security of the SaaS application itself. A SaaS application can only stay secure if it does not contain exploitable vulnerabilities and has implemented hardened configurations aligned with organizational and vendor security best practices, as well as compliance requirements. The Software-as-a-Service (SaaS) Governance Working Group aims to benefit all parties in the SaaS ecosystem by supporting a common understanding of SaaS related risks from the perspectives of the cloud customer and cloud service provider. Individuals interested in becoming involved in future research and initiatives are invited to join the working group. SaaS Governance Best Practices for Cloud Customers was sponsored by Axonius, a leader in cybersecurity asset management and SaaS management. CSA research prides itself on vendor neutrality, agility, and integrity of results. Sponsors are CSA Corporate Members who support the findings of the research project but have no added influence on the content development or editing rights to CSA research. About Axonius Axonius gives customers the confidence to control complexity by mitigating threats, navigating risk, automating response actions, and informing business-level strategy. With solutions for both cyber asset attack surface management (CAASM) and SaaS management, Axonius is deployed in minutes and integrates with hundreds of data sources to provide a comprehensive asset inventory, uncover gaps, and automatically validate and enforce policies. Cited as one of the fastest-growing cybersecurity startups, with accolades from CNBC, Forbes, and Fortune, Axonius covers millions of assets, including devices and cloud assets, user accounts, and SaaS applications, for customers around the world. About Cloud Security Alliance The Cloud Security Alliance (CSA) is the world’s leading organization dedicated to defining and raising awareness of best practices to help ensure a secure cloud computing environment. CSA harnesses the subject matter expertise of industry practitioners, associations, governments, and its corporate and individual members to offer cloud security-specific research, education, training, certification, events, and products. CSA's activities, knowledge, and extensive network benefit the entire community impacted by cloud — from providers and customers to governments, entrepreneurs, and the assurance industry — and provide a forum through which different parties can work together to create and maintain a trusted cloud ecosystem.

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SOFTWARE SECURITY

SentinelOne Integrates with Torq, Streamlining SOC Workflows with Automated Incident Response

SentinelOne | June 29, 2022

SentinelOne , an autonomous cybersecurity platform company, today announced a new integration with Torq, a no-code security automation platform. The combination of SentinelOne and Torq allows security teams to accelerate response time, reduce alert fatigue, and improve overall security posture. “SentinelOne’s powerful intelligence and protection helps security teams protect their employees and customers – no matter how complex the environment. “With Torq, security teams can extend the power of SentinelOne to systems across the organization to automate workflows, respond faster, maintain/boost compliance to benefit from a proactive security posture.” Eldad Livni, Chief Innovation Officer, Torq The SentinelOne integration with Torq combines SentinelOne’s powerful detection and protection with Torq’s no-code automation, enabling customers to limit alert fatigue, respond to threats at machine speed, and proactively identify and remediate risks. Torq makes it easy for security teams to create automated workflows, with a drag and drop workflow builder and hundreds of templates aligned with industry best practices and frameworks from MITRE and NIST. With robust data from SentinelOne, the Torq solution has access to more high-fidelity threat data for improved enrichment, accelerated response times, and alert fatigue reduction. Torq workflows can listen for SentinelOne alerts, and ingest these to trigger action in any security or operations tool. The solution deploys out-of-the-box in minutes with no coding, installation, or ‘connectors’ needed. Key benefits of the integration include: Real-time threat enrichment - automatically enrich alerts from any system with data directly from SentinelOne Singularity. Automated remediation - remediate threats with fully autonomous or partially autonomous remediation workflows to accelerate mean time to respond. Optimize SOC workflows - clearly and quickly orchestrate threat hunting, information sharing, and ticket creation for vulnerability management. Bot-driven collaboration - Create no-code interactive chat bots that allow users to perform critical actions, run deep visibility queries, or control SentinelOne endpoints from within Slack or other chat tools. “The SentinelOne-Torq integration provides joint customers with a powerful combination of best-in-breed automated security solutions,” said Ruby Sharma, Head of Technical Partnerships, SentinelOne. “Not only are customers utilizing industry leading endpoint protection and XDR, they also have access to innovative security automation tools that can accelerate workflow automation. We are pleased to make this integration available via the Singularity Marketplace, and we look forward to expanding our offerings to address even more use cases.” About SentinelOne SentinelOne’s cybersecurity solution encompasses AI-powered prevention, detection, response and hunting across endpoints, containers, cloud workloads, and IoT devices in a single autonomous XDR platform.

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DATA SECURITY

HYAS Infosec Announces General Availability of Cybersecurity Solution for Production Environments

HYAS | August 10, 2022

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DATA SECURITY

Cyble Launches Dedicated Managed Security Service Provider (MSSP) Program to Empower Industry-leading MSSPs

Cyble | June 16, 2022

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Spotlight

At Adobe, we take the security of your digital experience seriously. From our rigorous integration of
security into our internal software development process and tools to our cross-functional incident
response teams, we strive to be proactive and nimble. What’s more, our collaborative work with
partners

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