SOURCE: Cyber adAPT

June 08, 2015 07:00 ET

Cyber adAPT and iScan Announce Industry's First Cyber Risk Calculator at Gartner Security & Risk Management Summit 2015

Joint Partnership Delivers Data Breach Risk Intelligence; Quantifies Financial Impact From Data Breach

NATIONAL HARBOR, MD--(Marketwired - Jun 8, 2015) - GARTNER Security & Risk Management Summit 2015 -- Cyber adAPT®, the leader in real-time network-based threat detection and iScan, the premier provider of data breach risk intelligence, today announced a joint partnership at the Gartner Security & Risk Management Summit 2015. Through this partnership, CISOs can now quickly discover -- in hours versus weeks -- what data is at risk and who has access to it. In addition, enterprises can detect vulnerabilities hackers use to get unauthorized access, and immediately know the financial impact from a data breach before it occurs. With this critical data, enterprises are now able to assess vulnerabilities across their network, as well as prioritize and position IT resources for maximum defense.

In the Gartner report titled, "Attack on Sony Pictures is a Digital Business Game Changer," published February 9, 2015, Paul Proctor, VP Distinguished Analyst, Roberta Witty, Research VP, Avivah Litan, VP Distinguished Analyst, and Earl Perkins, Research VP, recommend that, "CISOs must pivot approaches from blocking and detecting attacks, to detecting and responding to attacks. A new emphasis toward detect and respond approaches has been building for several years, as attack patterns and overwhelming evidence support that a compromise will occur."

"We are strongly aligned with Gartner's guidance on a market pivot towards detection and response versus one focused traditionally around prevention," said Kirsten Bay, president and CEO, Cyber adAPT. "With iScan, we've enhanced out threat detection capabilities by delivering
'data breach risk intelligence' that quantifies the financial impact of a potential data breach. By calculating the risks into actual dollar amounts, we facilitate the conversation between IT and the boardroom -- enabling enterprises to prioritize where they will focus their security investments and remediation."

Unlike traditional "behavior" based detection technologies that only sandbox the perimeter to analyze the captured data as it passes through the boundary, Cyber adAPT provides live analysis of traffic on the wire. Cyber adAPT alerts on likely malicious attacks already present, or newly created, inside the perimeter. Through its partnership with iScan, Cyber adAPT's risk assessment is enhanced with the ability to evaluate the financial impact of a data breach. By scanning all the assets in a given network and identifying assets of highest significance, industry standard valuation can be assigned to quantify the assets' monetary value. As a result, probes can be placed in more accurate locations for maximum protection.

"Our partnership with Cyber adAPT highlights how easy it is to integrate our financial risk intelligence technology with other solutions to further extend its functionality. As one of our premiere partners, I'm excited by the opportunity to add value to their existing offering and look forward to further growth nationwide as they take our technology to their client base," said Carl Banzhof, Co-Founder and CEO of iScan Online.

About the Gartner Security & Risk Management Summit 2015
The Gartner Security & Risk Management Summit 2015 is focused on managing risk and delivering security in a digital world. This summit will provide best practices and strategies to maintain cost-effective security and risk programs in order to support digital business and drive enterprise success. This year's summit will offer insights on building resilience, delivering effective security and implementing targeted projections. Experts will provide information on how to embrace new approaches to digital business while maintaining proven control architecture that mitigates enterprise risk. For more information on the summit, please visit the website at http://www.gartner.com/technology/summits/na/security/ 

About Cyber adAPT
Founded in 2014, Cyber adAPT® Real-Time Network Threat Detection Platform empowers security professionals to quickly see the state of the ecosystem and establish the level of risk--intelligently benchmarked over time against the past patterns of behavior -- allowing a company to take proactive steps in order to minimize potential damage. Blind spots can now be identified and removed with new tools and levels of support to assess security risks that were not previously considered. Cyber adAPT's investors include Alvin Fund, Granite Point Capital Partners, Griffin Fund II, and Fundamental Capital Management, LLC. More information can be found at www.cyberadapt.com.

About iScan Online
Do you know your security number? iScan Online is the industry's first data breach risk intelligence platform that puts a real-time dollar number on an organization's security risk. iScan's patented discovery process uncovers sensitive data and vulnerabilities, and financially prioritizes the results in reports that speak the language of the C-suite. Now CISOs can make informed resource decisions and educate board members on the impact of security initiatives.

Contact Information

  • Media Contact:
    Cyber adAPT, Inc.
    Kristi Kilpatrick
    650-302-6404
    Email Contact