TSP board studying the private sector for cybersecurity insight

The Federal Retirement Thrift Investment Board’s Office of Enterprise Risk Management has been busy since it was first born about three years ago. The office is maturing and developing on schedule, said Jay Ahuja, FRTIB chief risk officer.  But it still has at least three more years to go before risk is fully integrated into the board’s culture and strategic decision making.

Spotlight

Cyber attacks are increasing in volume, sophistication, and severity, and the federal government has taken notice. Now, they’re taking action — most recently in the form of new cybersecurity rules from the Securities and Exchange Commission. In “11 Ways to Streamline SEC Cybersecurity Compliance with Risk Cloud,” we explore a va


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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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API Security

Wallarm Announces Policy Integration with MuleSoft AnyPoint Platform

Wallarm | October 13, 2023

Wallarm has announced the availability of Application and API Security policies seamless integration with the MuleSoft AnyPoint Platform, providing essential protection for apps and APIs in various deployment scenarios. This integration of Wallarm and MuleSoft presents a compelling choice for organizations dedicated to comprehensively safeguarding and managing their API security management, ensuring robust protection for their digital assets. In the digital age, enterprises heavily depend on APIs to facilitate application connections and drive their digital transformation. Wallarm's latest offering seamlessly integrates with the MuleSoft API management and integration platform, bolstering cloud security and compliance to meet the evolving needs of modern businesses. Effective API management is paramount for organizations, and the market offers numerous commercial solutions, each with its unique features. Whether opting for well-known platforms such as MuleSoft, Kong, or Apigee, or exploring external tools like Akamai Edge and Azion Edge, the decision on how to deploy and manage crucial APIs depends on factors such as scalability, performance, and existing infrastructure. Regardless of the chosen approach, the demand for robust API security that effortlessly aligns with these varied deployment methods remains a top priority. CEO and Co-founder of Wallarm, Ivan Novikov, said, Wallarm is keen to unveil a cutting-edge cloud-based security policy that is agile and fully integrated with MuleSoft, a leading integration and API management platform in the market. [Source – Business Wire] About Wallarm Wallarm is a leading provider of robust protection for APIs, microservices, web applications, and serverless workloads in cloud-native environments. Trusted by numerous Security and DevOps teams, Wallarm excels in comprehensive web app and API endpoint discovery, shielding against emerging threats across their API portfolio, and automating incident response for enhanced risk management. The platform is designed to support modern tech stacks, offering a myriad of deployment options in both cloud and Kubernetes-based environments, including a full cloud solution. Based in San Francisco, California, Wallarm is backed by prominent investors like Y Combinator, Toba Capital, Partech, and others.

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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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Cloud Security

SafeGuard Cyber Launches Contextual-AI Powered Platform to Investigate and Remediate Unmonitored Communications in Minutes

Business Wire | October 06, 2023

SafeGuard Cyber today launched the next generation of its industry-leading integrated cloud communications security and compliance platform to investigate and remediate unmonitored communications in minutes. Powered by Contextual AI, the FirstSight platform alerts security teams to high frequency and costly attacks such as credential theft, impersonation, phishing, malware, policy violations, and insider threats across the expanding communication attack surface. FirstSight protects business communications and manages risk across email, collaboration, conferencing, messaging and social channels. The platform enables security and compliance teams to have visibility across all employee communications, while maintaining privacy, to keep organizations secure and compliant. FirstSight detects threats and policy violations, provides actionable evidential data to analysts, understands the threats potential magnitude of impact to an organization, and helps analysts make informed responses to communication threats wherever they exist. Hackers are using AI to mount more automated, aggressive, and coordinated language-based attacks across multiple communication channels, making it challenging for today’s resource-constrained security teams to respond to every detected threat, said Chris Lehman, CEO, SafeGuard Cyber. The key to a better defense is to prioritize remediation efforts based on the potential damage each threat could cause. With the most advanced threat impact analysis capabilities in messaging security, SafeGuard Cyber FirstSight is a game-changer for security teams to respond to the most impactful threats across business communication channels. FirstSight protects employees wherever they are communicating while maintaining their privacy through fine-grained access controls and workflow optimizations. Key capabilities of the platform include: Unified Visibility: The only platform on the market to provide unified visibility across the entire communications attack surface, eliminating visibility gaps and saving security and compliance teams time and money by replacing siloed solutions. With deep visibility into communication channels – from Microsoft 365 email to Slack, Teams, Zoom, Telegram, and WhatsApp – security teams can detect and investigate risks in a centralized view. Contextual AI: Built on an ontological architecture that utilizes LLMs, behavioral analysis, social knowledge graphs, and generative AI, FirstSight incorporates domain-specific knowledge about the customer's enterprise. This, combined with understanding the relationships between threats, vulnerabilities, and available countermeasures, enables customers to react more quickly and effectively to threats. Threat Impact Analysis: Provides threat risk score, categories of potential impact – such as financial, business disruption, brand damage, data loss, and data theft – and suggested actions for remediation. With the platform’s threat impact capabilities, resource-constrained organizations can effectively prioritize remediation of the most significant risks to a business and make informed responses to multi-channel threats. About SafeGuard Cyber SafeGuard Cyber’s industry-leading integrated cloud communications security and compliance platform empowers organizations to proactively mitigate regulatory policy violations and threats such as credential theft, phishing, and insider threats across email, mobile, and web messaging apps, collaboration apps, and social platforms. Powered by contextual AI and built on an ontological architecture, the SafeGuard Cyber Platform utilizes LLMs, behavioral analysis, social knowledge graphs, and generative AI to enable security and compliance teams to have visibility across all employee communications, detect attacks, review evidential data, understand the magnitude of impact, and make informed responses to threats. SafeGuard Cyber is the only platform to provide unified visibility across the entire communication attack surface.

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Spotlight

Cyber attacks are increasing in volume, sophistication, and severity, and the federal government has taken notice. Now, they’re taking action — most recently in the form of new cybersecurity rules from the Securities and Exchange Commission. In “11 Ways to Streamline SEC Cybersecurity Compliance with Risk Cloud,” we explore a va

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