KnowBe4, the provider of the world’s largest security awareness training and simulated phishing platform, released its latest report, Cyber Attacks On Infrastructure: The New Geopolitical Weapon. The report examines the growing threat of cyberattacks on critical infrastructure and provides insight into safeguarding against these potentially devastating attacks.

In recent years, cyberattacks targeting critical infrastructure have surged globally, posing significant risks to national security and economic stability. Unlike other data breaches, these attacks primarily seek to access control systems for the purpose of disruption or espionage. Energy, transportation, and telecommunications sectors have become primary targets. This is not surprising as these sectors, especially in developed countries, have become increasingly interconnected to digital technologies, which in turn have opened new vulnerabilities to cyberattacks. The consequences of these types of attacks are potentially devastating to nations, and thus geopolitical adversaries have made it a powerful addition to their arsenal of digital weapons.

Key findings from the report include:

• The number of vulnerable points in U.S. power grids is growing by approximately 60 per day, with the total count rising from 21,000 in 2022 to between 23,000 and 24,000 today
• Globally, the average number of weekly cyberattacks against utilities has quadrupled since 2020, with a doubling occurring in 2023 alone
• Between January 2023 and January 2024, critical infrastructure worldwide sustained over 420 million attacks – equivalent to 13 attacks per second – marking a 30% increase from 2022

According to KnowBe4’s 2024 Phishing by Industry Benchmarking Report, critical infrastructure sectors such as healthcare and pharmaceutical, education, and energy and utilities are in the high risk categories when it comes to employees falling victim to phishing tactics. This vulnerability is exploited by cybercriminals to infiltrate networks and systems.

“The findings in our report are a wake-up call for critical infrastructure sectors,” says Stu Sjouwerman, CEO at KnowBe4. “While the surge in cyberattacks on them is deeply concerning, it’s important to remember that we’re not powerless in this fight. By fostering a strong security culture that combines technology, processes, and people, we can significantly mitigate these risks. Every organization, regardless of size or sector, has a role to play in safeguarding our collective infrastructure. It’s time we view cybersecurity not as just an IT issue, but as a fundamental aspect of our operational resilience and national security.”

The report highlights recent high-profile attacks on global critical infrastructure, their far-reaching impacts, and provides actionable recommendations for organizations and institutions to enhance their cyber resilience.

To download a copy of KnowBe4’s report, Cyber Attacks On Infrastructure: The New Geopolitical Weapon, click here.

Explore AITechPark for the latest advancements in AI, IOT, Cybersecurity, AITech News, and insightful updates from industry experts!

The post Cyber Attacks on Critical Infrastructure Surge 30% in Just One Year first appeared on AI-Tech Park.

Assured Data Protection (Assured), the prominent IT managed services provider (MSP) for cloud data protection solutions, today announces the expansion of its operations into Latin America, including establishing Rubrik’s presence across the region. The two companies enter a joint venture agreement that ensures enterprises of all sizes across the region can achieve true cyber resiliency through Assured’s 24/7/365 managed service.

Assured, a Rubrik MSP, gives enterprises complete resilience with the power to bounce back fast from cyberattacks. In Latin America, Rubrik success rate ensures rapid recovery for its customers following a ransomware attack. By utilizing Assured’s managed services model, enterprises of all sizes across Latin America will benefit from a more flexible approach to Rubrik deployment at a price point that will be affordable to all. Enterprises in Latin America will now be able to rapidly recover from cyberattacks, including ransomware.

Fiorella Minaya Rey, Channel Account Manager, Latin America, Assured Data Protection, commented: “Rubrik offers an outstanding immutable cyber recovery technology. To ensure that enterprises of all sizes can take advantage of Rubrik, there will be no limitations on the amount of data that customers can secure – it can be as small or large as required.”

Ghazal Asif, VP, Global Channels & Alliances, Rubrik, commented: “As a trusted partner, Rubrik is proud to support Assured’s new expansion into Latin America. Organizations need to enable cyber resilience in the face of the increasing cyber threat landscape and there is no better way for Latin American companies to do that than working with Rubrik and Assured.”

Center of Excellence

As part of the expansion, Assured is launching a regional Center of Excellence located in Costa Rica staffed by highly trained engineers. Assured has made extensive Spanish speaking technical, sales and client services hires across the region to provide high quality, 24/7 support in all countries, across sectors including manufacturing, banking, education and others.

Simon Chappell, CEO, Assured Data Protection, commented: “Our launch into Latin America is another important step forward in our ambitious growth plans for 2024 and beyond. We want to continue to deliver our innovative disaster recovery solutions with industry leading managed services to every business that needs it. Our new Center of Excellence is a strategic move to help build on our best of breed customer service for customers and will see all of our customers across the globe benefit from its expertise.”

Assured’s Latin America Center of Excellence will operate with a mix of human technical expertise and leading-edge automation that will facilitate a proactive approach to threat response. As a result, many threats will be negated before customers are aware of them. This highly innovative model and approach to cyber resiliency will be deployed by Assured as it expands into other regions, beyond Latin America, North America and Europe.

Assured has established operations in key markets such as Mexico, Peru, Costa Rica, Chile and Colombia. Assured continues to serve a diverse portfolio of clients including major accounts such as Niubiz, America Tv, Ferromex, Farmacias Roma and more. This expansion marks an important milestone in Assured’s commitment to offering the best data protection solution across the region, leveraging Rubrik’s advanced technology to improve service delivery and customer satisfaction.

To book a meeting with the Assured team, please contact us at info@assured-dp.com.

Explore AITechPark for the latest advancements in AI, IOT, Cybersecurity, AITech News, and insightful updates from industry experts!

The post Assured Data Protection Expands, Offering Rubrik in Latin America first appeared on AI-Tech Park.

Perforce Software, the DevOps company for global teams requiring speed, quality, security, and compliance at scale along the development lifecycle, today announced the findings of the Delphix 2024 State of Data Compliance and Security Report. This inaugural report delivers exclusive research on the challenges of protecting sensitive data in non-production or lower environments, such as development, testing, analytics, and AI/ML.

“Our goal with this report is to share the realities of sensitive data exposures in non-production to help enterprises better protect their data moving forward,” said Ann Rosen, Director of Product Marketing for Delphix by Perforce. “Protecting sensitive data — data with personal identifiable information (PII) — in non-production has become more important over the years as cyberattacks target these environments. Companies need to do more to protect sensitive data.”

The report also reveals that the challenge of protecting sensitive data will only get more complex with the rise of AI. 85% of enterprises report concerns about regulatory non-compliance in AI environments. Even more troubling, 68% of organizations surveyed perceive a lack of solutions to tackle data privacy in AI environments.

“AI is transforming industries, and data is at the heart of AI,” said Rod Cope, Chief Technology Officer of Perforce Software. “When it comes to AI and data, it can be a double-edged sword. There’s a lot of excitement around the innovation possible in AI, but data in AI environments must be protected. The findings in the State of Data Compliance and Security Report underline the importance of complying with data privacy regulations in AI environments, too.”

Overall, 91% of organizations are concerned about the expanded exposure footprint across all lower environments (including software development, testing, and data analytics). Yet 86% of organizations allow data compliance exceptions in non-production. As a result, 54% of organizations have already experienced a data breach or theft involving sensitive data in non-production environments. In Delphix’s experience, if this data is not protected, the consequences can be dire. Indeed, 53% have already experienced audit issues and failures related to non-production.

To mitigate these concerns, organizations are turning to tools and approaches like static data masking, cited as a current solution by 66% of organizations surveyed.

 “We hear all the time from customers that exceptions are given because it’s too complicated and time-consuming to achieve compliance without slowing down development or impacting quality,” said David Wells, Product Lead of Compliance Products for Delphix by Perforce. “At Delphix and Perforce, we believe that with the right approach, you can achieve compliance rapidly without bottlenecking innovation. Static data masking is the best way to protect your test and development data. You need production-realistic data to detect defects as early as possible in the development lifecycle, but you certainly shouldn’t use production data for this purpose. That’s why we’re continuously evolving Delphix masking solutions to meet the ever-expanding data compliance landscape, regardless of data source or environment.”

Interested parties can download the full 2024 State of Data Compliance and Security Report by visiting Delphix.com.

Explore AITechPark for the latest advancements in AI, IOT, Cybersecurity, AITech News, and insightful updates from industry experts!

The post Delphix released State of Data Compliance and Security Report results first appeared on AI-Tech Park.

Senior executives are prime targets for cybercriminals, with a staggering 72% of surveyed cybersecurity professionals in the US reporting that this group has been targeted by cyberattacks in the past 18 months. This trend, highlighted in GetApp’s 2024 Executive Cybersecurity Report, underscores the growing sophistication of attacks, including the rising use of AI-generated deepfakes, which have been involved in 27% of the attacks.

Despite the clear and present danger, many organizations are failing to adapt their cybersecurity strategies to protect their top leaders. Over a third (37%) of companies globally do not provide specialized cybersecurity training to their senior executives, leaving a critical gap in their defenses.

“Companies’ senior executives hold crucial business data, keeping them in the crosshairs of cybercriminals,” says David Jani, senior security analyst at GetApp. “There’s a pressing need for businesses to prioritize specialized cybersecurity training for their leadership teams.”

The frequency of attacks is also escalating. 69% of US companies that have previously had attacks report an increase in attacks over the past three years–above the global average of 58%. This uptick coincides with the rise in complexity of attacks. Notably, incidents involving AI-assisted deepfakes and phishing schemes have surged, with senior executives as primary targets.

Over half (54%) of US companies have experienced at least one identity fraud incident affecting a senior executive over the last 18 months, which is 13 points higher than the global average of 41%. Compared to the global average, US senior executives witness significantly higher risks for fraudulent financial transactions as well.

In response to these escalating threats, businesses are encouraged to implement comprehensive cybersecurity strategies that include ongoing training, use of advanced security tools like multi-factor authentication (MFA) and data encryption. Proactive measures, like regularly updating software, monitoring network activity, and preparing for emerging threats like deepfakes, are also vital.

Read the full report for more insights on how businesses can support their C-Suite against costly cyber attacks.

Explore AITechPark for the latest advancements in AI, IOT, Cybersecurity, AITech News, and insightful updates from industry experts!

The post 72% of Senior Executives Targeted by Cyberattacks in the Last 18 Months first appeared on AI-Tech Park.

Threat actors evolved their tactics in 2024 to take advantage of business and technology consolidation, the leading cyber risk solution company Resilience found in its Midyear 2024 Cyber Risk Report. Increasing M&A and reliance on ubiquitous software vendors created new opportunities for threat actors to unleash widespread ransomware campaigns by exploiting a single point of failure. Some of the most disruptive cyberattacks over the past year involved heavily interconnected systems or recently acquired companies, to devastating effect—even putting entire economic sectors on hold.

The Midyear 2024 Cyber Risk Report, published today, leverages data from Resilience’s Threat Intelligence team and insurance claims portfolio to analyze trends in hacking activity and industry responses. Key findings include:

• Ransomware remained the leading cause of loss since January 2023, with 64% of ransomware-related claims resulting in a loss. The financial severity of claims related to ransomware attacks increased 411% from 2022 to 2023.
• Ransomware attacks on Change Healthcare and CDK Global, as well as the PanOS zero-day vulnerability, represented 2024’s top claim-driving events thus far.
• Of all claims received since January 2023, 35% were the result of a vendor data breach or ransom attack exploiting a third-party vendor—including notable vulnerabilities associated with Ivanti software—and in 2024 that number is already 40%, and expected to grow.
• The BlackCat hacking group—responsible for the Change Healthcare cyber incident—entered 2024 with an existing track record: in 2023, the group topped the list of most costly attacks, with BlackCat attacks accounting for 18% of covered losses from ransomware.
• Two sectors saw the largest increases in claims in 2024: manufacturing and construction. Manufacturing rose from 15.2% of all claims in 2023 to 41.7% of all claims in 2024; while construction rose from 6.1% of 2023 claims to 25.0% of 2024 claims.

Global M&A deal volume increased 36% in the first quarter of 2024. While this growth can be seen as a sign of positive economic development, it can also create a staggering number of potential new points of failure. Similarly, technology consolidation—in which industries rely on single suppliers for critical platform services—have proven to lead to catastrophic effects downstream if a single supplier is breached. In addition to potential ransom payments, impacted organizations typically face significant business interruption and lost revenue.

“Major attacks like the ones on Change Healthcare, CDK Global, and AT&T have been wreaking havoc and making headlines, but they also remind us that we’re facing a new status quo. Increased vendor interdependence and M&A activity have created an unprecedented opportunity for hackers, with far more points of failure and potential for human error,” said Vishaal “V8” Hariprasad, co-founder and CEO of Resilience. “Now more than ever, we need to rethink how the C-suite approaches cyber risk. Businesses are interconnected like never before, and their resilience now depends on that of their partners and others in the industry.”

Resilience’s unique combination of cyber insurance offerings, risk quantification, and cybersecurity expertise helps clients get ahead of emerging threats—and bounce back faster from cyber incidents that do occur. Over 90% of Resilience clients that directly experienced a ransomware attack in 2023-2024 avoided paying an extortion fee. In fact, even as incidents tied to Lockbit or Cl0p ransomware grew over the past year, Resilience clients were able to effectively mitigate and manage these destructive threats, and avoided paying any extortion fees tied to these hacking groups.

“While cybersecurity has historically been considered as a line item in a company’s budget, it’s clear that this is insufficient,” said Tom Egglestone, global head of claims at Resilience. “Business leaders must adopt a risk-centric approach—one in which security strategies are grounded in the financial translation of cyber threats. At Resilience, this approach has paid dividends. In 2023 and 2024, our clients minimized material losses, rarely paid extortions, and avoided business disruption—not only withstanding the effects of attacks, but coming out stronger on the other side.”

Read the full report here and register for our upcoming webinar here.

Explore AITechPark for the latest advancements in AI, IOT, Cybersecurity, AITech News, and insightful updates from industry experts!

The post Midyear 2024 Cyber Risk Report: Resilience first appeared on AI-Tech Park.

authID Inc. [Nasdaq: AUID], a leading provider of innovative biometric identity verification and authentication solutions, and DataVisor, the world’s leading AI-powered fraud and risk prevention platform, today announced they have signed an OEM agreement to integrate authID’s biometric services in fighting identity fraud, and malicious, generative AI-driven deepfakes.

“Our partnership with DataVisor further validates authID’s superior solutions for defeating deepfake attacks and fraud, while advancing our go-to-market strategy to distribute our solutions through leading financial services technology providers,” said Rhon Daguro, CEO of authID. “Our market-leading biometric solutions ensure DataVisor’s enterprise customers ‘Knows Who’s Behind the Device’ with speed, accuracy and precision. Our combined solutions offer a compelling risk toolset that streamlines account onboarding of good customers and stops cybercriminals from performing account takeovers and seizing assets, while delivering the fastest, frictionless, and most accurate user identity experience.” 

Today, the scale of financial crimes is rapidly growing with adversarial generative AI increasing the frequency of deepfakes, social engineering fraud and ransomware attacks on financial services and digital payments providers. Needing a leading identity assurance partner to defeat these challenges, DataVisor recognized the value of authID’s next-gen biometric identity life-cycle platform, ease of integration, and market-leading 700 milliseconds biometric processing. Under the agreement, DataVisor’s comprehensive fraud and risk management platform will now seamlessly integrate with authID’s automated biometric identity verification and biometric authentication to streamline and secure digital consumer onboarding and ongoing authentication for DataVisor’s FinServ customers.

“Our vision has always been to create a comprehensive, end-to-end platform that effectively combats all forms of financial fraud,” said Yinglian Xie, CEO and Co-Founder of DataVisor. “By partnering with authID’s trusted biometric solutions, we are enhancing our defenses against today’s AI-driven phishing scams and cyberattacks while providing the seamless and convenient experiences that today’s digital-savvy consumers demand.”

With the integration of authID’s patented identity platform, DataVisor enterprise customers can accelerate good customer enrollment, reduce abandonment, and accordingly enhance revenue, while stopping account takeovers with enhanced security and operational efficiency. With an easy, intuitive user experience delivered in any browser, authID’s document-based identity verification delivers robust, automated authentication for over 14,000 US and international government-issued ID documents, and Presentation Attack Detection (PAD) Level 2 accuracy in thwarting deepfakes and injection and presentation attacks. authID offers the ease of a quick biometric selfie that replaces the risks and hassles of legacy authentication with secure, fast and friendly account access and trusted account resets, while keeping valued assets safe from phishing and fraud.

For further information about how authID can help your organization secure your workforce or consumer applications against identity fraud, deepfakes, and account takeover, contact us.

Explore AITechPark for the latest advancements in AI, IOT, Cybersecurity, AITech News, and insightful updates from industry experts!

The post authID Partners with DataVisor Through Global OEM Agreement first appeared on AI-Tech Park.

Sweet Security today announced it has added generative artificial intelligence (GenAI)-powered capabilities to its cloud runtime security suite. Sweet users now have an upgraded ability for runtime risk management and runtime response as they can classify workloads by business impact and get granular incident response playbooks on the fly. By integrating GenAI, Sweet enables security teams to act on its runtime insights faster and reach Mean-Time-To-Contain (MTTC) quicker than ever before. Sweet will be demonstrating its new AI-powered capabilities at Black Hat, booth #3113.

Mandiant’s 2024 m-trends report underscores the importance of effective response to cyber attacks, stating those with an existing incident response plan and broad environmental monitoring are better prepared. Sweet’s AI-generated response plans ensure that SOC teams are well-prepared with detailed instructions on how to quickly and safely intervene when an incident occurs, in addition to insight on attacker tactics, damage assessments, and the full attack path taken by the threat actor.

Runtime Insights + GenAI = Lean, Mean, Response Teams
Sweet’s holistic approach to cloud security leverages runtime insights to deliver comprehensive protection across all layers of the stack—from cloud infrastructure assets, applications, secrets, identities, APIs, and network interactions (Layer 7). This enables it to detect sophisticated attacks that evade siloed detection solutions. But complex risks require business focus and agility — resources in short supply when dealing with active threats. Sweet’s AI-powered risk management and response framework help security teams nail business-critical risks and reduce the Mean Time to Respond (MTTR) for incidents with the following new features:

Workload classification — for better vulnerability prioritization: Using GenAI, security teams can now classify workloads by business criticality. Adding to Sweet’s existing vulnerabilities filtering feature, which showcases if a vulnerability is public facing/loaded/executed, etc., security teams can now understand if the workload/s it impacts is business critical. This enables security teams to prioritize the 1% of active risks still in the queue.

Dynamically generated response playbooks — to expedite attack response and recovery: Sweet’s AI-powered response playbooks offer step-by-step instructions cyber analysts can leverage to quickly get to the bottom of the incident, collect the right artifacts needed for decision-making, and take action to prevent escalation.

Sweet’s GenAI – how it works under the hood
Sweet’s Large Language Models (LLMs) rely solely on models deployed internally, so private data is not exposed to third-party services. The LLMs are specifically trained with technical data across cybersecurity, DevOps, and other relevant domains, taking in a very broad context as an input to provide outputs that are hyper relevant to the specific environment and situation, such as the concrete code snippets to run. Once the context has been properly aggregated, the next step is to break down the big use-case to a chain of smaller increments that the LLM can correctly handle without digressing into hallucinations.

“They say, attackers only need to be right once, but defenders need to be right 100% of the time, but well-applied GenAI can level the playing field,” said Eyal Fisher, co-founder and chief product officer, Sweet Security. “That was our guiding light when we chose vulnerability management and incident response as our initial use cases. We are proud to provide AI functionality that enables security teams to stay ahead of an adversary, because that’s how you shut down an attack.”

Explore AITechPark for the latest advancements in AI, IOT, Cybersecurity, AITech News, and insightful updates from industry experts!

The post Sweet Security Adds Generative AI to Its Cloud Runtime Security Suite first appeared on AI-Tech Park.

Accenture (NYSE: ACN) and SandboxAQ are expanding their partnership to address the critical need for enterprise data encryption that can defend against current data breaches, as well as future AI and quantum threats. Together, Accenture and SandboxAQ are helping organizations secure sensitive data and strengthen encryption across their technology portfolios. The joint offering will also provide observability across environments to help increase enterprise resilience and lower impact from third party risks.

More than half (52%) of CEOs consider the accelerated pace of technology innovation a top risk for cyberattacks, with 86% rating cyber trust and resilience in emerging technologies like generative AI and quantum computing as highly relevant for their organizations, according to research from Accenture.

The research serves as a reminder that strong cryptography management, requiring the latest algorithms to protect systems, processes and data is a foundational pillar to defending against evolving cyber threats. As part of an ongoing commitment to cryptographic excellence, Accenture is introducing a new Encryption Risk Assessmentservice, integrated with SandboxAQ’s AQtive Guard. The service provides clients with deep visibility into risks caused by weak cryptography before these risks have a chance to impact critical data across networks, file systems, and cloud applications.

“The prevalence of generative AI, as well as expected new global post-quantum encryption standards, makes data protection absolutely critical to safeguarding confidential business information and data used to train AI foundational models or used in AI applications,” said Paolo Dal Cin, global lead of Accenture Security. “The reality is that malicious actors are stealing sensitive data now, with the intention of decrypting it later using quantum computers that can break many current encryption methods. Our assessment service enables clients to see potential risks to their data and upgrade encryption to increase protection against ransomware, data theft and manipulation campaigns, and to prepare for future risks from quantum computing. Companies that assess their data encryption level now will be more protected against current attacks and better prepared to mitigate future risks.”

The service can identify risks across important areas including the existence of cryptographic assets such as digital certificates or cryptographic keys, and usage of cryptographic algorithms, both symmetric and public key, as well as any other cryptographic constructions such as hash functions, for a comprehensive view of cryptography use throughout the enterprise. When combined with data security and privacy policies along with governance, risk and compliance guidelines, the assessment delivers prioritized recommendations for remediation action, enabling businesses to act with urgency and agility to protect their overall infrastructure against the most advanced and sophisticated threats, and in their transition to post-quantum technology.

“Our continued collaboration with Accenture will help our largest global 1000 clients defend themselves against advanced AI-driven cybersecurity attacks, protecting their most sensitive data today and tomorrow,” said Jack Hidary, CEO of SandboxAQ. “As we help clients discover data that’s vulnerable to current and future attacks, there are many benefits from enhancing their cryptography defenses. The recent global outage from just one software update highlights the need to increase observability across the enterprise.”

To learn more about Accenture’s data protection and quantum security services visit us here.

Forward-Looking Statements

Except for the historical information and discussions contained herein, statements in this news release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “may,” “will,” “should,” “likely,” “anticipates,” “aspires,” “expects,” “intends,” “plans,” “projects,” “believes,” “estimates,” “positioned,” “outlook,” “goal,” “target” and similar expressions are used to identify these forward-looking statements. These statements are not guarantees of future performance nor promises that goals or targets will be met, and involve a number of risks, uncertainties and other factors that are difficult to predict and could cause actual results to differ materially from those expressed or implied. These risks include, without limitation, that the partnership might not achieve the anticipated benefits for Accenture, as well as the risks, uncertainties and other factors discussed under the “Risk Factors” heading in Accenture plc’s most recent Annual Report on Form 10-K and other documents filed with or furnished to the Securities and Exchange Commission. Statements in this news release speak only as of the date they were made, and Accenture undertakes no duty to update any forward-looking statements made in this news release or to conform such statements to actual results or changes in Accenture’s expectations.

Explore AITechPark for the latest advancements in AI, IOT, Cybersecurity, AITech News, and insightful updates from industry experts!

The post Accenture and SandboxAQ Expand Partnership first appeared on AI-Tech Park.

Leading carriers and providers, including AXA XL, Coalition, Travelers, At-Bay, CFC, and Hanover, leverage SentinelOne’s autonomous capabilities and Singularity Platform to deliver world-class threat protection for policyholders

SentinelOne (NYSE: S), a global leader in AI-powered security, today announced the SentinelOne Risk Assurance Initiative, a new program to help insurers secure their clients’ networks with the world’s most advanced AI security platform. With the SentinelOne Risk Assurance Initiative, insurers can offer the SentinelOne Singularity Platform to clients at preferred rates to stop attacks before they happen and reduce financial loss and insurance premiums.

Leading carriers and cyber insurance providers around the globe, including AXA XL, Coalition, Travelers, At-Bay, and CFC, are already offering the Singularity Platform to clients to encourage deployment and prevent ransomware across all surfaces. The new SentinelOne Risk Assurance Initiative will enhance their efforts.

“When a client is managed with SentinelOne, we know they have strong protection against sophisticated cyber-attacks,” said John Roberts, General Manager, Security, Coalition. “Coalition can generally offer them more favorable insurance pricing based on their use of managed detection and response technology than if they did not have those security measures in place. We not only leverage SentinelOne in our Coalition Managed Detection and Response offering as a trusted solution for our clients, but also lean on SentinelOne for Coalition Incident Response to support more rapid containment and remediation for clients that have experienced a breach.”

Best Real-World Protection

No organization is immune from attacks and it’s critical for organizations to arm themselves with the industry’s best real-world protection and risk assurance. SentinelOne’s Singularity Platform leads the MITRE Engenuity ATT&CK Evaluations: Enterprise, providing 100 percent detection and #1 Real-World Protection. For three consecutive years, the company has been named a Leader in the Gartner Magic Quadrant for Endpoint Protection Platforms. And customers attest to the benefits of the AI-powered Singularity Platform, naming SentinelOne as a 2024 Gartner Peer Insights Voice of the Customer for Endpoint Protection Platforms report and providing a 95% recommendation rate on Gartner Peer Insights.

Trusted by Insurers

“SentinelOne is a trusted business partner that shares CFC’s mission to make insureds safer,” said Roger Francis, CEO, CFC Response. “With the SentinelOne Singularity Platform, our SMB clients are more comprehensively protected and less likely to experience an incident that will cause significant loss, or worse, shut down their business.”

Thom Dekens, Chief Business Officer and GM of At-Bay Security, adds “As the leading InsurSec provider, At-Bay is committed to helping businesses thrive in the digital world, whatever comes their way. The Singularity Platform can help customers reduce their chances of getting breached and improve their overall cybersecurity posture.”

A Holistic Approach

Insurance companies know that a holistic approach is needed to mitigate risks from modern attacks. With the SentinelOne Risk Assurance Initiative they can provide a suite of services that create resilience across their insureds’ cybersecurity risk profile. Natively built into the Singularity Platform, SentinelOne offers an Insurance Posture Report, a comprehensive report on key telemetry signals mapped to the CIS18 standard that customers can choose to share with their insurance carrier that enables insurers to quickly validate acceptable risk profiles.

Securing Peace of Mind

SentinelOne understands that securing peace of mind requires more than delivering the best technology and cybersecurity expertise. To this end, the SentinelOne Singularity platform is backed by a $1 million Breach Response Warranty to provide additional coverage and assurance of financial relief at no additional charge should a worst-case scenario occur.

“It’s great to see a cyber security market leader like SentinelOne offer solutions that support the cyber insurance industry,” said Mark Camillo, CEO of CyberAcuView. “The Insurance Posture Report, coupled with the Singularity Warranty, can enhance the underwriting process and provide additional confidence to clients, especially in the SMB sector.”

Used by MSSPs

Managed Service Solution Providers trust SentinelOne to deliver for their customers as well.

“Optiv is dedicated to the cyber insurance market and the unique challenges it presents,” said Dara Gibson, Senior Cyber Insurance Manager at Optiv. “With SentinelOne as part of our Incident Response and Managed Services portfolio, we can offer our insurance partners proactive resolution combined with long-term monitoring.”

Insurers also leverage SentinelOne as part of managed services to help SMB and Mid- Market companies contain threats, remediate breaches, and maintain a good risk profile. To support them, SentinelOne offers its Singularity Platform for use by insurers in Incident Response at no charge, to drive fast and effective containment.

“SentinelOne is honored to have the confidence and trust of so many thoughtful insurance practitioners,” said Barnaby Page, Vice President, Incident Response and Cyber Risk, SentinelOne. “Our technology provides signals that enable insurers to quickly and efficiently assess risk for renewals or new policies, and we are thrilled to be joining forces with them to prevent losses and business interruption.”

To learn more about the SentinelOne Risk Assurance Initiative and the value it can deliver, click here.

Explore AITechPark for the latest advancements in AI, IOT, Cybersecurity, AITech News, and insightful updates from industry experts!

The post SentinelOne® Powers Broadest Insurance Ecosystem in the Market first appeared on AI-Tech Park.

Salvador Technologies, the pioneering cyber-attack recovery platform provider for critical infrastructures and industrial organizations, today announced that the company is experiencing an increased demand for its cyber-attack recovery platform from organizations in the maritime sector and shipping industry. 

Whether for financial gain or geopolitical considerations, cyber-terrorists and other malicious actors are increasingly targeting the maritime sector and shipping industry. Last year, crippling ransomware attacks in Australia and Japan shut down the operations of major ports, severely disrupting the flow of goods into and out of these countries. More recently, the United States government and its top cybersecurity officials urged the port authorities and operators across the country to improve their preparedness for increased cyber-attacks on key US infrastructure, encouraging ports to rapidly encrypt data, patch vulnerabilities in critical systems, maintain a well-trained cyber team and improve the backup of their critical systems.  Salvador Technologies reports that an increasing number of port authorities, terminal operators, shipping companies and other organizations in the maritime ecosystem around the world are using the company’s cyber-attack recovery platform to improve their cyber-resilience and ensure operational continuity by automating backup and recovery processes for their critical infrastructures. The company also indicates that compliance with a range of cybersecurity regulations and mandates related to on-ship and offshore restore capabilities, such as IMO IEC 62443, ISPS Part 13.2, IEC 62443-3-3 special clauses E.2.6 (E26) E.2.7 (E27), and others, is another significant factor driving the demand for its cyber-attack platform.

Alex Yevtushenko, Co-Founder and CEO of Salvador Technologies, onsite at the Port of Ashdod.

Recently, Salvador Technologies established a strategic business partnership with the Port of Ashdod in Israel. The Port of Ashdod is the country’s largest seaport in terms of cargo volume and has deployed Salvador Technologies’ cyber-attack platform to replace previous backup practices of its control systems and operational technology (OT) that relied on cumbersome manual processes.  Through this partnership, Salvador Technologies is engaging port authorities and terminal operators that have signed cooperation agreements with the Innovation Center at the Port of Ashdod, including the Port of New York & New Jersey and the Port of Corpus Christi in the United States, the Port of Rotterdam in the Netherlands, the Port of Singapore and others. Salvador Technologies further reports that the company is currently migrating successful trials of its cyber-attack recovery platform into full deployments for several port authorities and terminal operators in the United States, Europe and Southeast Asia engaged through its strategic partnership with the Port of Ashdod. 

Salvador Technologies Cyber-Attack Recovery Platform 

“Over the years, the maritime industry has been facing a rising threat rate of cyber-attacks that results in downtime, causing damages to the efficient operations, competitiveness and reputations of ports around the world,” said Gadi Benmoshe, Managing Director of Marinnovators and Vice Chair of the International Association of Ports and Harbors (IAPH) Data Collaboration Committee . “As these issues are becoming more and more critical, an incident recovery solution is now an essential proactive measure that should be taken by port authorities and terminal operators worldwide.”

Salvador Technologies’ air-gapped cyber-attack recovery platform consists of hardware connected to the HMI or SCADA, an agent software and a monitoring system, enabling full visibility of the operations. The platform protects customer data from being attacked and, in case of an incident, bypasses standard recovery protocols to enable a full recovery from cyber-attacks and any malfunction within only 30 seconds.
  “We are tremendously pleased with our growth in the maritime sector and our expanding footprint across the shipping industry,” said Alex Yevtushenko, Co-Founder and CEO of Salvador Technologies. “The market drivers pushing the demand for our cyber-attack recovery platform are clear and we have strong expectations for continued growth in this and other verticals.”

Explore AITechPark for the latest advancements in AI, IOT, Cybersecurity, AITech News, and insightful updates from industry experts!

The post Salvador Technologies Expands Cyber Attack Recovery to Maritime, Shipping first appeared on AI-Tech Park.