SOFTWARE SECURITY

Thrive Integrates SOAR Technology into their Security Operations to Enhance Real-Time Cyber Threat Detection

Thrive | May 20, 2022

Thrive
Thrive, one of the leading Managed Security Services Providers (MSSPs) in the world, has made a significant investment to upgrade their 24x7x365 eyes-on-glass Security Operation Center (SOC) by integrating a Security Orchestration, Automation, and Response (SOAR) engine. The SOAR capabilities will enable the Thrive global security team to better navigate today's complex, risk-laden environment for clients via tool aggregation and coordinated response, unified operations, reduced alert fatigue, and Artificial Intelligence (AI). This will result in a significant reduction of incident response times for client threats and provide higher quality information for the Thrive SOC to combat intricate cyber risks in real time.

By 2025, the amount lost to cyber theft is expected to reach $10.5 trillion annually, which is the single greatest transfer of wealth in history, according to a report from AT&T. These glaring statistics indicate why cybersecurity has become imperative in the world of commerce.

"Cybersecurity threats and vulnerabilities are constantly multiplying, due to not only more sophisticated social engineering but also a rise in micro-ransomware incidents, That means vigilance against attacks of all kinds must also evolve. Incorporating a SOAR into our robust global security operations unit will allow Thrive clients to have a stronger defense system in place against cybersecurity attacks and enable our team to respond more expeditiously to any issues should they arise."

Mike Gray, CTO of Thrive

Thrive's integrated managed cybersecurity solutions provide a proactive and expert approach to security management for identifying and remediating security issues. Powered by next-gen technology, proven frameworks and service-driven experts, Thrive's unified cybersecurity platform enables Thrive's 24x7x365 SOC to automatically address critical security issues without client intervention. By creating a stress-free experience that solves for the technical complexity and talent shortage mid-market enterprises face, Thrive's cybersecurity solutions fortify the digital transformation initiatives that propel business growth.

About Thrive
Thrive is a leading provider of NextGen managed services designed to drive business outcomes through application enablement and optimization. The company's Thrive5 Methodology utilizes a unique combination of its Application Performance Platform and strategic services to ensure each business application achieves peak performance, scale, uptime, and the highest level of security.

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PLATFORM SECURITY

SecurityScorecard Joins Snowflake Partner Network

SecurityScorecard | June 23, 2022

SecurityScorecard, the global leader in cybersecurity ratings announced today that it has joined Snowflake's Partner Network, enabling mutual customers to gain instant visibility into their own security posture and that of their third and fourth party software vendors. Catching Third-Party Risks Early Snowflake customers now have access to "call" security data within Snowflake, gaining direct access to SecurityScorecard Ratings data that can be correlated with various systems and processes including third party risk, identity and access and IT asset management to catch potential security risks early and create a unified view. "CISOs need to know the scale and scope of their cyber environment and that includes third and fourth-party vendors that can pose substantial risks to their organization," said Alex Rich, Vice President of Alliances at SecurityScorecard. "The insights gleaned from continuous monitoring with SecurityScorecard ratings data helps Snowflake data cloud customers get a broad view into their Third Party Risk Management, supply chain management, and business intelligence applications with continuous cybersecurity data." SecurityScorecard collects and analyzes global threat signals that give organizations instant visibility into the security posture of vendors and business partners as well as the capability to do a self-assessment of their own security posture. The technology continuously monitors 10 groups of risk factors to instantly deliver an easy-to-understand A-F rating. The Snowflake Partner Network unlocks the potential of the Data Cloud with a broad array of tools and partners. Certified partnerships and integrations enable customers to leverage Snowflake's flexibility, performance, and ease of use to deliver more meaningful data insights. "With SecurityScorecard on the Snowflake Data Marketplace - organizations can now access and use robust vendor risk data directly in their Snowflake account. "Joint customers of Snowflake and SecurityScorecard can now easily combine, enrich, and contextualize vendor risk data with procurement, legal, IT, compliance, and security data, systems, and processes, accelerating the modern CIO and CISO's priority of data-driven, risk-based, and automated security and compliance." Joshua McKibben, Director Security Compliance & Risk Management at Snowflake "Our partnership with SecurityScorecard is delivering customers the detailed cybersecurity ratings data they need to refine and enrich data around numerous different use cases," said Tarik Dwiek, Head of Technology Alliances at Snowflake. "From third party risk and M&A due diligence, to cyber insurance, SecurityScorecard and Snowflake are helping global enterprises better manage their third-party risk management programs." About SecurityScorecard Funded by world-class investors including Evolution Equity Partners, Silver Lake Waterman, Sequoia Capital, GV, Riverwood Capital, and others, SecurityScorecard is the global leader in cybersecurity ratings with more than 12 million companies continuously rated. Founded in 2013 by security and risk experts Dr. Aleksandr Yampolskiy and Sam Kassoumeh, SecurityScorecard's patented rating technology is used by over 30,000 organizations for enterprise risk management, third-party risk management, board reporting, due diligence, cyber insurance underwriting, and regulatory oversight.

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DATA SECURITY

Years of Growth Lead to Covail Acquisition by Cybersecurity Firm GoSecure

Covail | December 23, 2021

Covail, a Columbus-based cybersecurity and digital optimization firm founded by Central Ohio’s largest companies, is being acquired by a leading Managed Detection and Response firm. Covail announced today that it has agreed to be acquired by cybersecurity and managed detection and response (MDR) services provider GoSecure. The transaction is estimated to close in December 2021. Terms of the acquisition were not disclosed. “Since our founding six years ago as the Columbus Collaboratory, our goal has been to find ways to leverage collaboration to deliver successful AI, cybersecurity and cloud-based software solutions to our Fortune 500 clients,With this acquisition by GoSecure, our clients will now have access to an even broader set of capabilities and expertise thanks to our ability to leverage GoSecure’s class-leading capabilities and solutions. This will also help to further accelerate market penetration for our leading-edge security products and AI capabilities.” Covail CEO Matt Wald Covail, as Columbus Collaboratory, was born out of the aspiration of seven of the largest companies in central Ohio – American Electric Power (AEP), Battelle, Cardinal Health, Huntington Bank, L Brands (now Bath & Body Works), Nationwide, and OhioHealth – in partnership with One Columbus. The goal of the endeavor was to solve common automation, AI, and cybersecurity challenges across multiple industries. “The diversity and maturity of these founding companies made Covail the innovative, value-driven, solutions partner that it is today”, said Michael Krouse, SVP of Strategy and Transformation at Ohio Health and Chairman of the Covail Board. “Covail accelerated the cybersecurity and AI capabilities of the founding companies, upskilled critical tech talent for the region, and built a high-growth company that contributed to our region’s economic growth engine. It’s exciting to be able to leverage this strategic relationship to secure Columbus as the Midwest’s premier cybersecurity hub.” Through its ecosystem of collaborators and commercial partners, Covail’s technology teams executed over 1,000 engagements and collaboration sessions that solved complex business challenges using machine learning and the latest cyber defense practices. The firm’s work attracted top technology talent to the region, Wald said, and led to the development of software products that enabled advanced cyber threat detection and continuous risk management. GoSecure is a recognized cybersecurity leader and innovator. The company is the first and only to integrate endpoint, network and email threat detection into a single Managed Detection and Response (MDR) service. GoSecure plans to leverage Covail’s talent, proprietary technology, and client relationships to build a regional presence in Central Ohio that will help accelerate its momentum in the US market. GoSecure’s access to technology talent and partnerships made Columbus an attractive, economically viable location for a cybersecurity hub, Wald said. Wald said partnership with the original companies in the Covail firm will continue, along with an expansion to additional businesses with the goal of making Central Ohio a major U.S. cybersecurity operations center. About Covail Covail™ is a trusted solutions partner, enabling organizations to optimize through Intelligent Operations solutions that lower total risk and cost for key business functions, equipping them to transform from a position of strength. Since 2015, Covail’s experts in Cybersecurity, Artificial Intelligence (AI), and Automation have been delivering business results for leading Fortune 500 companies across industries. Trustworthy, Intelligent Operations. Accelerated. Learn more at covail.com. About GoSecure GoSecure is a recognized cybersecurity leader and innovator, pioneering the integration of endpoint, network, and email threat detection into a single Managed Detection and Response service. The GoSecure TitanTM platform delivers predictive multi-vector detection, prevention, and response to counter modern cyber threats. Titan MDR offers a detection to mitigation speed of less than 15 minutes, delivering rapid response and active mitigation services that directly touch the customers’ network and endpoints. For over 10 years, GoSecure has been helping customers better understand their security gaps and improve their organizational risk and security maturity through MDR and Advisory Services solutions delivered by one of the most trusted, skilled and experienced teams in the industry.

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DATA SECURITY

HUB Security Partners with Getronics for Global IoT Cyber Security Solutions

HUB Security | December 22, 2021

HUB Security, a secure computing solutions provider, announced it has signed a strategic partnership with global integration and Smart Space IoT leader, Getronics, to offer secure compute protection to hundreds of banks and organizations in the EU, LATAM, and APAC. HUB Security will be Getronics' cyber security partner and its cyber automation platform to enhance current offerings including Secure-by-Design iOT & Smart Spaces, Ransomware & IR, and SOC. Getronics' clients in 23 countries and in its Global Workspace Alliance will use HUB's confidential computing platform and additional innovative cybersecurity services to receive unparalleled protection. "With organizations facing increasing cyber challenges, we see great value in partnering with Getronics, a leader in digital transformation and integration,With a global reach and over 3700 experts, both companies can enhance cyber security protection for their clients and partners. " Eyal Moshe, CEO and co-founder of HUB Security "The global businesses we help support require the most advanced security platforms to maintain their operations," said Harsha Gowda Siddaveere, CTO Getronics. "HUB Security's offerings will allow our partners and customers a new level of cyber readiness facing new digital challenges in 2022." "Both parties in this partnership complement and enhance each other's global offering to be cyber resilient and prepared for the future," said Joseph Souren, VP Sales EMEA, Comsec, a HUB Security Group. About HUB Security HUB Security was established in 2017 by veterans of the 8200 and 81 elite intelligence units of the Israeli Defense Forces. The company specializes in unique Cyber Security solutions protecting sensitive commercial and government information. The company debuted an advanced encrypted computing solution aimed at preventing hostile intrusions at the hardware level while introducing a novel set of data theft prevention solutions. HUB operates in over 30 countries and provides innovative cybersecurity computing appliances as well as a wide range of cybersecurity professional services worldwide. About Getronics Getronics is a global ICT integrator with an extensive history that extends over 130 years. With over 3,700 colleagues across Europe, Asia Pacific, and Latin America, Getronics' vision is to reimagine the digital future, one customer at a time. We do this by leveraging an integrated and secure-by-design portfolio around Digital Workplace, Business Applications, Smart Spaces, Multi-Cloud, Field & Onsite Support, Service Desk, Network Infrastructure, and Security & Compliance to serve our more than 1,800 customers in both public and private sector.

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PLATFORM SECURITY

OccamSec Unveils Revolutionary Cybersecurity Platform Set to Change the Industry

OccamSec | May 04, 2022

OccamSec, a leading cybersecurity provider, announced today the launch of their Incenter platform. Incenter identifies the security weaknesses an organization has in real-time, and helps teams develop insights and communicate business context from a security perspective. For today's organizations, the threat landscape is constantly evolving. Penetration testing and vulnerability scanning can help, but with new vulnerabilities and exploits found all the time, infrequent testing means risk data may be outdated. At the same time the industry is trending towards slicing the solution ever thinner, which means costs keep increasing. Incenter combines the functionality of a range of security services in one single solution. The platform provides, in real time, where an organization is vulnerable, and just as critically, what the impact will be if an attack occurs. Incenter utilizes a dual approach. It combines the best in technology with advanced automated testing, and the best in people with OccamSec's security team. Supported by vulnerability research and a threat intelligence team, the burden on clients having to buy multiple services is eliminated. Users have the ability to generate reports that compile real-time information with the touch of a button, rather than waiting for a timed report to be generated. Incenter also provides step-by-step guidance on how to mitigate any risks that are identified, with the tools an organization already has which means no hidden costs. Incenter combines the functionality of a range of security services in one single solution: Manual Penetration Testing Penetration Testing as a Service (PTaaS) Automated Security Validation (ASV) Vulnerability Scanning External Attack Surface Management (EASM) Crowd Source Penetration Testing Threat Intelligence This provides a single source of truth on the exposures an organization faces. Improving the effectiveness of any security team, regardless of size, and at the same time breaking organizations out of ever increasing cyber security expenditure. The platform's focus on the unique business context of each organization means that security teams no longer have to trudge through 1000's of scan findings or determine how relevant a penetration test finding is and how to fix it. At the same time from the dashboard, management can see a high level summary of their organization's exposure, the likelihood of a breach, and how much it's going to cost them. "Over the years we have seen what works, what doesn't and where the gaps are," says OccamSec founder Mark Stamford. "The biggest gap is organizations needing more and more tools and services to effectively secure themselves. The key to effective security is joining the dots, not having ever more dots scattered in ever more places. With Incenter we have combined the talents of our security team and their expert knowledge, with a technical solution that is unrivaled. The result is a win for our clients, regardless of size." About OccamSec OccamSec is a leading provider in the world of cybersecurity. Its clients rely on them to provide information security services that exceed current industry standards. OccamSec provides accurate, actionable information to reduce risk and enable better informed decisions. Its unique end-to-end solutions detect, identify, respond, and protect in order to maximize the effectiveness of security programs.

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Spotlight

Does the organization have a valid and agreed-upon process of what its revenue engine looks like?  Is the marketing function speaking the same language as the sales team? Or are they focusing only on the lead when sales is more interested in pre-qualified, early-stage opportunities? How can sales teams view the entire revenue engine and add insight to opportunities at all stages of development?

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