For the world to be so unprepared for attacks just isn’t acceptable. Now, just weeks after the Colonial Pipeline attack, the world’s largest meat supplier, JBS USA was attacked, according to USA Today. “The company took immediate action, suspending all affected systems, notifying authorities and activating the company’s global network of IT professionals and third-party experts to resolve the situation,” the company said. “The company’s backup servers were not affected, and it is actively working with an Incident Response firm to restore its systems as soon as possible.” It’s another reason why the world needs cybersecurity in place, with companies like Plurilock Security (TSXV:PLUR) (OTC:PLCKF), Proofpoint Inc. (NASDAQ:PFPT), Crowdstrike Holdings Inc. (NASDAQ:CRWD), Rapid7 Inc. (NASDAQ:RPD), and Zscaler Inc. (NASDAQ:ZS).
The one-two punch of the recent cyberattacks “shows that nothing is safe,” said former senior Department of Homeland Security official Paul Rosenzweig, as quoted by USA Today. “Not the meatpacking industry, not the chemical industry, not the wastewater treatment industry, not Sony. Nothing. And the only way to be safe in this world is to unplug completely. And you can’t do that and be economically competitive.”
Plurilock Security (TSXV:PLUR)(OTC:PLCKF) Signs Contract with California State Agency
Plurilock Security, an identity-centric cybersecurity solution provider for workforces, has signed a US$133,000 contract with a California state agency. Plurilock is working closely with the agency to determine the project scope, establish stakeholders, a timeline, and expectations. The contracted statement of work included a security assessment, application analysis and testing, application penetration testing, policy and procedure review and development, network penetration testing, and remediation testing.
“Plurilock is working with the California agency to ensure their system is secure, particularly as we’ve seen an increase in government agencies targeted by cyberattacks across the United States,” said Ian L. Paterson, CEO of Plurilock. “This contract is part of our long-term plan to expand across industry verticals, and further solidifies our work to capture additional opportunities within the U.S. government sector.”
Other related developments from around the markets include:
Proofpoint Inc., a leading cybersecurity and compliance company, today announced it has been positioned by Gartner, Inc. in the Leaders quadrant of the 2019 Magic Quadrant for Enterprise Information Archiving for the eighth consecutive year. The report provides a detailed overview of the enterprise information archiving market and evaluates vendors based on completeness of vision and ability to execute. “Organizations are struggling to maintain compliance as they migrate to the cloud, regulations evolve, data grows, and new content types emerge—and it’s hitting their bottom line. In 2018, $1.46B in SEC fines were levied and between 2016 and 2018, $295M FINRA fines were enforced,” said Darren Lee, executive vice president and general manager of Compliance and Digital Risk for Proofpoint. “Compliance and legal teams need the tools that can meet today’s demands for security, retention, supervision, and retrieval. We believe our positioning as a Leader in the Gartner Magic Quadrant for the eighth consecutive year underscores our dedication to innovation and unmatched ability to provide organizations with the visibility and control over the compliance risks that matter most.”
Crowdstrike Holdings Inc., a leader in cloud-delivered endpoint and workload protection, today announced it is launching new partner applications in the CrowdStrike Store and the availability of the CrowdStrike Store in the European Union (EU) Cloud for customers to discover and buy security and IT applications. Additionally, the company is announcing the release of a new survey report which unpacks the current state of IT security. The global IT security survey, commissioned by CrowdStrike, aims to better understand the complexities that IT security teams face when implementing a mature security strategy that includes disparate solutions. The report was independently conducted by Vanson Bourne, and surveyed 900 senior IT decision-makers and IT security professionals globally and across all industry sectors. It unveiled the need for organizations to transform their security stacks to create greater simplicity and strengthen efficacy to stop breaches, revealing that 92% of respondents say their organizations have faced operational challenges due to the implementation of IT security projects and that 71% of respondents said that integration complexity between technology and security stacks requires improvement.
Rapid7 Inc., a leading provider of security analytics and automation, today announced it has acquired Velociraptor, a leading open-source technology and community used for endpoint monitoring, digital forensics, and incident response. Through this acquisition, Rapid7 will continue to build the Velociraptor community and leverage its technology and insights to enhance Rapid7’s incident response capabilities. Velociraptor was developed for digital forensics and incident response (DFIR) professionals who need a powerful and efficient way to hunt for and monitor malicious activities across endpoints. Velociraptor’s community-driven approach allows the collective wisdom of the DFIR community to be gathered in one place and made accessible to others. Velociraptor is unique in that it allows custom detections, collections and analyses capabilities to be written in queries, rather than code. Those queries can then easily be shared, strengthening the knowledge of the community and allowing teams to hunt for new threats quicker.
Zscaler Inc., the leader in cloud security, announced that it has entered into a definitive agreement to acquire Smokescreen Technologies, a leader in active defense and deception technology. Smokescreen’s cutting edge capabilities will be integrated into the Zscaler Zero Trust Exchange™, further building upon Zscaler’s ability to precisely detect the most sophisticated, highly targeted attacks, ransomware, and lateral movement attempts. Additionally, Smokescreen will help provide rich threat intelligence and telemetry for the Zscaler team to proactively hunt for emerging adversary tactics and techniques. The transaction is subject to standard closing conditions and is expected to close during Zscaler’s fiscal fourth quarter ending July 31, 2021.
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