According to the World Economic Forum, geopolitical instability has helped to close the perception gap between business and cyber leaders' views on the importance of cyber risk management, and "91% of all respondents" believe that "a far-reaching, catastrophic cyber event" is on the horizon.
In the latest weekly update, ISMG editors discuss the lasting effects of the takedown of the Hive ransomware group, why the U.S. government is warning of a surge in Russian DDoS attacks on hospitals, and why the lack of transparency in U.S. breach notices is creating more risk for consumers.
Executives underestimated the security risk associated with operational technology based on the erroneous belief that OT networks are highly segmented or air gapped. But COVID-19 made executives realize their OT networks are more connected than they previously thought, says Dragos CEO Robert M. Lee.
Organizations have struggled to understand why APIs are so strategic even though they're an intrinsic way businesses interface with their software, according to Checkmarx CEO Emmanuel Benzaquen. He says API abuse is slated to become one of the most common types of web application data breaches.
Splunk has infused its SIEM with user behavior analytics and threat intelligence to better identify anomalies and understand what's going on in a customer's environment, says CEO Gary Steele. Adding UEBA to the SIEM makes it easier for organizations to identify, detect and remediate anomalies.
Lacework has debuted an attack path analysis tool to help organizations understand the havoc specific threats could wreak within their cloud infrastructure, says CEO Jay Parikh. The company helps customers prioritize which risk elements inside their infrastructure should be addressed first.
The Russia-Ukraine war has had huge economic consequences for Eset, given that the Slovakian vendor was the largest cybersecurity company in Ukraine and second-largest in Russia. The decision to halt sales in Russia and a spending slowdown in Ukraine due to the war hurt Eset, says CEO Richard Marko.
Virginia Democratic Sen. Mark Warner, who chairs the Senate Select Committee on Intelligence, says he hopes to gather support for new bipartisan legislation this year to incentivize healthcare sector entities to meet certain minimum cybersecurity standards and tackle other top security concerns.
Incumbent XDR platforms target large enterprises with access to a full security operations center, threat hunters and incident response teams, says Bitdefender CEO Florin Talpes. But firms looking to successfully serve the SMB market need to modify their XDR tools to address the skills shortage.
Illumio has extended its segmentation capabilities from servers and workloads to endpoints to minimize damage in the event of a ransomware attack, CEO Andrew Rubin says. The Silicon Valley-based company can now stop the spread of breaches and ransomware inside servers, cloud workloads and endpoints.
Cybersecurity vendors have gone all-in on reducing the cloud attack surface, but efforts to shrink the SaaS and identity attack surface remain in their infancy. Vectra has leveraged its artificial intelligence expertise to help triage and automate the alert response process, CEO Hitesh Sheth says.
Trellix will debut a console that offers endpoint, security operations and data protection capabilities and a plug-in for network detection and response. The company has moved FireEye's best-in-class detection engines to the cloud for NDR and examined how to address areas such as packet capture.
Juniper Networks has debuted security service edge capabilities that help clients consistently apply zero trust policies in the cloud regardless of the user or device. Juniper takes the policies customers already use within their network and converts them to cloud-delivered policies with one click.
The nearly $200 million it raised in December will allow Snyk to consolidate the developer security market through organic investment and M&A, says CEO Peter McKay. Snyk has focused on bringing open-source security, container security, infrastructure- as-code security and cloud security together.
The guardrails organizations use to protect employee identities are often ineffective for contractors, business partners or vendors since they bring their own devices. Many businesses struggle to implement identity safeguards in a setting that's more heterogeneous and offers fewer controls.
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