DATA SECURITY,ENTERPRISE IDENTITY,SOFTWARE SECURITY
Wib | November 08, 2022
Wib, the fast-growth cybersecurity startup pioneering a new era in API security, today announced a $16 million investment led by Koch Disruptive Technologies (KDT), the growth and venture arm of Koch Industries, Inc, with participation from Kmehin Ventures, Venture Israel, Techstars and existing investors. The investment will be used to enhance Wib's pioneering holistic API security platform and accelerate international growth as it expands operations across the Americas, UK and EMEA.
API security is one of the biggest challenges facing CIOs today. Traditional API security solutions are siloed and fragmented, leaving CIOs with a choice of multiple point products or bolt-on integrations to create a patchworked solution. This results in increased cost and complexity, reduced visibility and control, and greater exposure to risk.
Wib's holistic API security platform is the only solution to provide complete visibility across the entire API landscape, from code to production, helping unify software developers, cyber defenders, and CIOs around a single holistic view of their complete API domain. By delivering rigorous real-time inspection, management, and control at every stage of the API lifecycle, Wib can automate inventory and API change management; identify rogue, zombie and shadow APIs and analyse business risk and impact, helping organisations to reduce and harden their API attack surface.
"APIs have become the Achilles heel of cyber defenses and the number one threat vector for cyber-attacks. "APIs account for 91% of today's internet traffic with over 50% being invisible to business IT and security teams. These unknown, unmanaged, and unsecured APIs are creating massive blind spots for CIOs that expose critical business logic vulnerabilities and increase risk.
Gil Don, CEO and Co-Founder of Wib
"What's more, traditional and legacy web security approaches, like WAFs and API Gateways, were never designed to protect against modern logic-based vulnerabilities. The Wib platform has been purposely built for an API driven world creating a new category of API native security."
A recent report by industry research firm GigaOm, placed Wib as a "fast mover" in the "leaders" category, stating, "Wib is a new company but brings a strong enough offering to jump straight into the leaders category" and "Wib is a new entrant in this space, but it offers a comprehensive solution." Wib was also called out for its capability in "source code analysis with an eye toward API weaknesses is Wib's greatest strength." The report ranks Wib's API Runtime Protection, Monitoring and Reporting as exceptional in its focus and execution. This is a real testament to the Wib's innovative API security platform and approach.
Wib is pioneering a new era in API security with its industry first holistic API security platform. Providing continuous and complete visibility and control across the entire API ecosystem, Wib enables developers to code with confidence and security teams to secure with surety.
DATA SECURITY,PLATFORM SECURITY,SOFTWARE SECURITY
Malwarebytes | November 28, 2022
Malwarebytes, a global leader in real-time cyber protection, today announced a new partnership with Stellar Cyber, an industry-leading Open XDR platform that delivers comprehensive, unified security without complexity. The partnership helps resource-constrained teams produce consistent security outcomes across all environments; on-premises, cloud and anything in between.
The partnership comes at a critical time in the cybersecurity landscape, as security products become more complex and IT teams spend more time maintaining their security controls, instead of investigating and mitigating cyber threats. According to a 2020 report from Palo Alto Networks, only 46 percent of security operations decision makers are satisfied with their current ability to detect threats. "They point to wasted time chasing false leads, poorly integrated security tools, and a large learning curve for effectively using those tools," according to the report.
"Every security team should be able to deliver continuous, consistent security regardless of their skills or experience. "By tightly integrating Malwarebytes' cutting-edge EDR technology with the Stellar Cyber Open XDR platform, IT teams are able to close the gaps between security controls that attackers exploit."
Andrew Homer, Vice-President of Technology Alliances at Stellar Cyber
The integration pairs Malwarebytes' EDR solution–which collects detailed threat information for analysis and investigation–with the Stellar Cyber Open XDR Platform that ingests, normalizes, and enriches security data, including endpoints, network, cloud and logs into a single repository. Malwarebytes EDR collects critical endpoint and server data and sends it to Stellar Cyber, which analyzes the data to identify potential threats. As security analysts complete investigation in Stellar Cyber, response actions are sent to Malwarebytes to eliminate the threat.
"Today's IT and security teams spend more time sifting through data than eliminating actual threats. Organizations need real-time data sharing and visibility to enable decisive actions before attackers are successful," said Brian Thomas, Malwarebytes Vice President of Worldwide MSP and Channel programs. "Stellar Cyber shares our mission to simplify cybersecurity for resource-constrained organizations. Together we uniquely deliver an intelligent and automated solution that allows security teams to be more efficient, and organizations more productive and protected."
About Stellar Cyber
Stellar Cyber Open XDR platform delivers comprehensive, unified security without complexity, empowering lean security teams of any skill to successfully secure their environments. With Stellar Cyber, organizations reduce risk with early and precise identiﬁcation and remediation of threats while slashing costs, retaining investments in existing tools, and improving analyst productivity, delivering an 8X improvement in MTTD and a 20X improvement in MTTR. The company is based in Silicon Valley.
Malwarebytes believes that when people and organizations are free from threats, they are free to thrive. Founded in 2008, Malwarebytes CEO Marcin Kleczynski had one mission: to rid the world of malware. Today, that mission has expanded to provide cyberprotection for every one. Malwarebytes provides consumers and organizations with device protection, privacy, and prevention through effective, intuitive, and inclusive solutions in the home, on-the-go, at work, or on campus.
PLATFORM SECURITY, SOFTWARE SECURITY
Netpluz | October 12, 2022
Netpluz, a one-stop Managed Communications Service Provider in the region, has teamed up with two leading security platforms, Stellar Cyber and Ridge Security, to provide more comprehensive cybersecurity services for Small and Medium-sized Enterprises (SMEs) across the Asia Pacific.
Netpluz eSentinel™ is a cloud-based, all-in-one managed cybersecurity platform that offers comprehensive protection of confidentiality, integrity, and availability of computer systems and networks against cyber-attacks and unauthorized access. The partnerships with Stellar Cyber and Ridge Security will significantly enhance the cyber defence capabilities of eSentinel™ in two main areas, namely Managed SOC (Security Operations Centre) and VAPT (Vulnerability Assessment and Penetration Testing).
With the adoption of Stellar Cyber's Open XDR platform and ingestion of data from multiple different sources, eSentinel™ Managed SOC service will offer high-fidelity threat detection and incident correlation through AI, automated threat hunting and response. MTTD (Mean Time to Detect) and MTTR (Mean Time to Respond) will also improve tremendously by more than eight and twenty times, respectively.
Ridge Security's pioneering product, RidgeBot®, is an intelligent risk-based vulnerability management and automated pentest robot that value-adds to eSentinel™ VAPT service. RidgeBot® acts like human attackers, relentlessly locating exploits and documenting the findings. Unlike humans, RidgeBot® comes armed with dynamic attack strategies to exploit before moving on to the next target.
"With digitalization accelerated by the pandemic, adopting technology as part of strategic growth is now at the forefront of many organizational agendas, even for SMEs. In fact, we see SMEs looking at digitalization for business and growth opportunities in the long term – driving stronger demand for managed cybersecurity services. "Responding to this demand, we are thrilled to work with Stellar Cyber and Ridge Security to deliver enterprise-grade and cost-effective managed cybersecurity services to businesses in the Asia Pacific."
Mr Lau Leng Fong, Chief Executive Officer of Netpluz
Such collaborations extend Netpluz's comprehensive selection of business-focused solutions and align with the company's vision to be the top Managed Communications Service Provider in the Asia Pacific.
With the evolving digital landscape, cybersecurity is now an integral part of communication services and an even more significant concern for SMEs. Unlike large enterprises, SMEs are often more vulnerable to cyber-attacks due to the lack of strong technological defences, less awareness of threats, and a shortage of talents and resources to invest in cybersecurity.
This is where Netpluz comes in. With an increasing focus on offering managed cybersecurity services, Netpluz has established a high-availability Security Network Operation Centre (SNOC) spanning its regional operations, to provide round-the-clock monitoring, detection and response of its customers' IT devices, systems, and network infrastructure. To further strengthen its cybersecurity capabilities and processes, Netpluz has also attained certifications, including CREST Certification, CSA Cyber Trust mark (Advocate), ISO/IEC: 27001:2013, and MTCS Standard. Netpluz is also a Cybersecurity Service Provider (CSP) licensed by the Cyber Security Agency of Singapore (CSA), enabling the company to provide secure and reliable services to customers in Singapore and across the Asia Pacific region.
Netpluz is a transforming Managed Communications Service Provider that helps clients become more agile by simplifying their Information and Communications Technology (ICT) needs. With humble beginnings in 2015 serving business internet connectivity, acquisition of MediaRing business assets and merger of Y5Zone Singapore in 2016, Netpluz has evolved from an Internet Service Provider (ISP) to providing Managed Data, Cloud, Cybersecurity, Voice, Video, and Mobility services to over 2,000 clients over a single, converged network with uncompromising availability, scalability and service standards.
Backed by decades of industry expertise, experience and global technology partners, Netpluz managed services are designed and operationalized with cost efficiency to fit business needs. With an unwavering dedication to delivering quality services to its clients, Netpluz aspires to become the top Managed Communications Service Provider in the Asia Pacific.
About Stellar Cyber
Stellar Cyber's Open XDR platform delivers Everything Detection and Response by ingesting data from all tools, automatically correlating alerts into incidents across the entire attack surface, delivering fewer and higher-fidelity incidents, and responding to threats automatically through AI and machine learning. Its XDR Kill Chain™, fully compatible with the MITRE ATT&CK framework, is designed to characterize every aspect of modern attacks while remaining intuitive to understand. This reduces enterprise risk through early and precise identification and remediation of all attack activities while slashing costs, retaining investments in existing tools and accelerating analyst productivity. The company is based in Silicon Valley.
About Ridge Security
Ridge Security enables enterprise and web application teams, ISVs, governments, education, DevOps, anyone responsible for ensuring software security to affordably and efficiently test their systems. The management team has years of networking and security experience. Ridge Security's robotic security validation system RidgeBot, fully automates the penetration testing process and emulates adversary attacks to validate an organization's cybersecurity posture.
DATA SECURITY, ENTERPRISE SECURITY, SOFTWARE SECURITY
Titan Security | September 06, 2022
Titan Security Group, LLC , a leading provider of security solutions headquartered in Chicago, IL, announced today that it has completed the acquisition of the security staffing operation of Prudential Security, Inc. ("Prudential"), a security solutions provider based in Taylor, Michigan. Titan is a portfolio company of Quad C Management, Inc.
"We are very excited to welcome the Prudential team to the Titan family. "Our organizations are very complementary, with shared values, culture, and focus on providing a high level of service to our clients and team members. Together, we are better positioned to be a leading regional provider of high-end security services."
Dave Pack, CEO of Titan
Titan's acquisition of Prudential adds over 700 team members to the Titan brand and expands their existing service area to 14 states including Illinois, Michigan, Wisconsin, Indiana, Alabama, Kansas, Mississippi, North Carolina, New York, Ohio, Pennsylvania, South Carolina, Tennessee, and Texas.
"This is an exciting collaboration," said Pack. "Our acquisition strategy is to identify like-minded companies, such as Prudential. Applying our combined talent and resources will lead to new opportunities for our clients and team members."
Terms of the acquisition were not disclosed. Security ProAdvisors LLC represented Prudential Security Inc. in the transaction.
About Titan Security
Titan Security is one of the largest security services firms in the U.S. providing security staffing, consulting, and systems integration of enterprise security solutions including video surveillance, electronic access control, turnstiles, biometrics, visitor management, alarm monitoring and other solutions throughout the Chicago metropolitan area, Northern Indiana and Southern Wisconsin.
Prudential Security is a recognized leader in the security industry, providing a full range of security solutions to its clients in a wide range of industries. Prudential has built its business with a strong foundation of customer service and responsiveness. Prudential's longtime management team responds attentively to client concerns and issues, developing relationships with all clients, and forming a longstanding base of business, allowing Prudential to grow into one of the most sought-after security providers in the country.
Founded in 1989 and headquartered in Charlottesville, Virginia, Quad-C is a middle market private equity firm focused on investing in well-established business and consumer services, food & beverage and consumer products, healthcare, industrials, specialty distribution and transportation/logistics companies. In its three-decade history, Quad-C has invested over $4.0 billion of capital in 80 platform companies. The Quad-C team is committed to partnering with entrepreneurs and management teams to accelerate growth and create long-term value.