SOURCE: Interset

Interset

June 09, 2016 09:28 ET

In-Q-Tel Invests in User Behavior Analytics Leader Interset to Stay Ahead of Cyber Attacks on Sensitive Data

OTTAWA, ON--(Marketwired - Jun 9, 2016) - Interset, a leader in user behavior analytics (UBA) security, has announced a strategic investment and technology development agreement with In-Q-Tel (IQT), the strategic investor that identifies innovative technology solutions to support the missions of the U.S. Intelligence Community.

The investment will advance the development of Interset's UBA platform, selected as the most complete security software solution for detecting and surfacing compromised account and insider attacks, while reducing noise and false positives in scalable environments.

According to Interset CEO Dale Quayle, "U.S. intelligence and law-enforcement communities have long sought to protect critical data with an approach that surfaces attacks faster and more accurately, in a highly contextual, proactive way. After a rigorous evaluation and due diligence process, Interset demonstrated how anomalous behaviors can be accurately surfaced and conveyed with actionable information, allowing government security experts to focus on mitigating risks and stopping attacks that may threaten our safety."

Interset uses machine learning and patented, predictive analytics-based risk scoring technology to automate the process of sifting through billions of log files and terabytes of events. This calculates and assigns risk to accounts, machines, files, and digital assets based on the connected events in which they are involved. Interset's easy-to-comprehend approach and intuitive user interface details attacks on sensitive data in context, visually depicting threat stages and calculating risks as attacks unfold.

"There are many differing approaches in identifying the anomalous behaviors that introduce risk to an organization and those that indicate malicious intent. By leveraging data sources commonly available throughout the enterprise, Interset uniquely combines mathematics in a scalable and extensible architecture to present analysts with inherently actionable and contextually rich notifications. The technology is creating new opportunities for our clients to proactively surface emerging threats from vast data sets while minimizing the investigative burden on analysts," offered Peter Kuper, Partner, IQT Investments.

About In-Q-Tel
In-Q-Tel is the not-for-profit, strategic investor that works to identify, adapt, and deliver innovative technology solutions to support the missions of the U.S. Intelligence Community. Launched in 1999 as a private, independent organization, IQT's mission is to identify and partner with companies developing cutting-edge technologies that serve the national security interests of the United States. For more information, visit http://www.iqt.org.

About Interset 
Interset
provides highly intelligent, accurate insider and targeted outsider threat detection. Our solution unlocks the power of user behavioral analytics, machine learning, and big data to provide the fastest, most flexible, and affordable way for IT teams of all sizes to operationalize a data-protection program. Utilizing agentless data collectors, lightweight endpoint sensors, advanced behavioral analytics, and an intuitive user interface, Interset provides unparalleled visibility into sensitive data. This enables early attack detection and actionable forensic intelligence with reduced false positives and noise. Interset solutions are deployed to protect critical data across the manufacturing, life sciences, high-tech, finance, government, aerospace and defense, and securities brokerage industries.

For more information, visit Interset.com and follow us on Twitter @intersetca. 

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