Category Archives: Cyber

Cyber

CybaVerse Secures £1.1 Million to Fuel Ambitious Growth and Innovation

CybaVerse, a rapidly advancing player in the cyber security space, has secured over £1.1 million in funding, fueling its bold vision for growth and innovation. Backed by FSE Group, Haatch, Founder & Lightning, and several angel investors, including FSE angels and the University of Sussex Business Angels group, this milestone highlights CybaVerse’s momentum as it redefines the future of cyber security with its SaaS platform, CybaVerse AI. The funding will drive team expansion and accelerate development of the platform, with the company recently appointing three senior leaders to spearhead this exciting next chapter.

The new hires include esteemed technology industry veteran, Andreas Wuchner, who joins CybaVerse as Chairman. With over 26 years of cyber security experience, Andreas has held senior roles at global giants like Deutsche Bank, UBS, and HP. His remarkable track record at some of the world’s leading organisations brings a wealth of knowledge and insight that will be invaluable as CybaVerse continues to grow and push boundaries in the industry. Andreas’s leadership will play a key role in helping CybaVerse achieve its goals and further grow the company.

The CybaVerse team also welcomes Juliette Hudson as CTO. Juliette brings invaluable technical knowledge and experience to the role, with previous positions including SOC regional manager at Kroll, plus previous technical roles at Bupa and Symantec. Additionally, Nicola Hartland also joins the team as Non-Executive Director and Brand Advisor. Nicola has worked in cyber and technology for over 20 years and she will use her vast experience to enhance relationships with clients and scale the company.

These outstanding new hires have been involved in the technology industry, each with a proven track record of driving growth, fostering innovation, and ensuring success for the businesses they’ve worked with. Now, CybaVerse is poised to leverage their expertise to elevate its customer experience, accelerate the evolution of CybaVerse AI with the help of Founder & Lightening, and propel the company’s growth to the next level.

“I’m delighted to be a part of the CybaVerse team. I have been completely drawn to Ollie’s ambitions and goals and the company’s innovation and creativity, which I believe will significantly benefit the security community at large. Cyber security is the most critical challenge in the digital world and we must support SMEs with a more efficient way to defend against the threats they face, otherwise we will always be on the backfoot to adversaries. I believe CybaVerse is making strides in tackling this important issue and I am delighted I will be playing a part in helping them reach this goal with my skills, experience and network,” said Andreas Wuchner.

 

CybaVerse has evolved from a boutique consultancy into an innovative and highly skilled cyber security managed services provider, with CybaVerse AI leading the way for all industry types. With a team of experts skilled at solving the high-stakes and complex challenges faced by its clients, CybaVerse is redefining how cyber security is managed. The recent launch of its cutting-edge platform, CybaVerse AI, marks a major leap forward. Designed to simplify cyber security management for SMEs, the platform provides a unified view across their entire cyber landscape, boosting efficiency, enhancing project management, and lightening the load on in-house IT and security teams.

“It’s a pleasure to welcome Andreas, Nicola and Juliette to our growing team. With their rich technical experience and deep expertise in operations and leadership, they will be invaluable assets to CybaVerse. As we continue to develop CybaVerse and our platform offerings, I believe they each have the necessary skills and experience to help us realise, and surpass, our ambitions,” said Oliver Spence, CEO of CybaVerse.

Cyber

Infinidat Kicks Off Cybersecurity Awareness Month with Campaign to Broaden the Visibility and Adoption of Enterprise Cyber Resilience

Infinidat, a leading provider of enterprise storage solutions, marked the beginning of Cybersecurity Awareness Month by kicking off a campaign to raise awareness about the critical need for enterprises to increase their cyber resilience with next-generation data protection and recovery capabilities in the battle against cyberattacks. Throughout the month of October, Infinidat will be contributing to awareness-building efforts across its social media channels about the emergence of cyber resilient storage as the last line of defense against ransomware and malware.

“As we embark into Cybersecurity Awareness Month, we’re excited to help enterprises better understand how to incorporate a cyber-centric, recovery-focused strategy with our InfiniSafe capabilities into their overall cybersecurity approach,” said Eric Herzog, CMO at Infinidat. “Cyberattacks have evolved to increasingly target enterprise storage infrastructure. However, the combination of cyber resilience and cybersecurity closes the gap and vastly improves the ability to mitigate the impact of cyberattacks, especially ransomware. Broader awareness of best practices in cyber resilience and cyber recovery will be one of the crowning achievements of this month dedicated to cybersecurity.”

Protecting data is one of the most critical actions an IT team must do in their data centre today. Expectations for restoring data and backing up data at multi-petabyte scale have changed. IT teams need to increase next-generation data protection capabilities. There needs to be data integrity and high reliability with 100% availability, which is what Infinidat provides. Best practices require an enterprise to ensure data validity and near-instantaneous recovery of primary storage and backup repositories, regardless of the size. This accelerates digital disaster recovery when a cyberattack happens.

“Cybersecurity is established as a board-level priority. Given that, it is the data that attackers are after. CIOs and CISOs have begun to critically evaluate the cyber resilience of their organisation’s enterprise storage implementations. With this in mind, the need for cyber resilience has established new table-stakes criteria within the storage infrastructure. Strategic planning for capabilities, like Infinidat’s InfiniSafe Automated Cyber Protection that helps to mitigate data loss and downtime resulting from a cyber incident, has become critical,” said Krista Macomber, Research Director, Cybersecurity at The Futurum Group.

“We’re seeing a growing focus on cyber resilience and rapid recovery in enterprise data infrastructure, especially against threats like ransomware,” stated Bob Elliott, VP Strategic Alliances, at Mainline Information Systems. “Adopting a recovery-first strategy helps protect businesses from massive cyberattacks. As IT leaders recognise the importance of next-gen data protection, we expect increased adoption of these solutions. In today’s security-driven landscape, boosting cyber resilience is essential for safeguarding storage systems.”

Core pillars of next generation data protection in a cyber-first architecture include: immutable snapshots, logical air-gapping, a fenced forensic environment, and near-instantaneous cyber recovery. These dimensions of cyber resilience are available within Infinidat’s core storage operating system. Moreover, the cyber resilient capabilities that complement, utilise, extend and enable these pillars include cyber detection and automated cyber protection.

InfiniSafe® – The Answer for Enterprise-grade Cyber Resilience

Infinidat’s award-winning InfiniSafe suite provides extensive cyber resilience capabilities, including InfiniSafe Cyber Detection and InfiniSafe Automated Cyber Protection (ACP) along with the stack of all the core pillars of next-generation data protection. InfiniSafe provides secure, end-to-end capabilities to orchestrate with existing security solutions to detect, contain, mitigate and recover from a cyberattack.

InfiniSafe ACP is an early-warning system that is seamlessly integrated into an enterprise’s existing cybersecurity applications and systems. ACP triggers creating immutable snapshots when an event or threat is detected. Detecting a threat before it has an opportunity to propagate is key to reducing the threat window.

To get a known clean copy of data after an attack, InfiniSafe Cyber Detection is needed to validate the integrity of the data, using powerful AI and ML-based scanning engines. Comprehensive machine learning detects ransomware and malware, using 200+ content analytics points with up to 99.99% accuracy.

In addition, designed to deliver industry-leading application performance, InfiniBox®, InfiniBox™ SSA and InfiniGuard® are used extensively as backup targets for many data protection scenarios, backing up critical data assets across applications and virtual and containerised infrastructures. Whether it’s for primary storage or secondary storage for backup and data protection, Infinidat has all the use cases covered with InfiniBox as a target and InfiniGuard as a purpose-built backup appliance.

To keep track of Infinidat throughout Cybersecurity Awareness Month, follow the company on X and LinkedIn. To read the company blog, click here.

About Infinidat

Infinidat provides enterprises and service providers with a platform-native primary and secondary storage architecture that delivers comprehensive data services based on InfiniVerse®. This unique platform delivers outstanding IT operating benefits, support for modern workloads across on-premises and hybrid multi-cloud environments. Infinidat’s cyber resilient-by-design infrastructure, consumption-based performance, 100% availability, and cyber security guaranteed SLAs align with enterprise IT and business priorities. Infinidat’s award-winning platform-native data services and acclaimed white glove service are continuously recommended by customers, as recognized by Gartner® Peer Insights reviews. For more information, visit www.infinidat.com.

 

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Sapna Capoor

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Cyber, Cyber Attack, Cybersecurity, Data, Data & Analytics, Digital Transformation, Tech, Technology, Thought Leadership

Data Resilience and Protection in the Ransomware Age

By Sam Woodcock, Director of Cloud Strategy and Enablement at 11:11 Systems

Data is the currency of every business today, but it is under significant threat. As companies rapidly collect and store data, it is driving a need to adopt multi-cloud solutions to store and protect it. At the same time, ransomware attacks are increasing in frequency and sophistication. This is supported by Rapid7’s Ransomware Radar Report 2024 which states, “The first half of 2024 has witnessed a substantial evolution in the ransomware ecosystem, underscoring significant shifts in attack methodologies, victimology, and cybercriminal tactics.”

Against this backdrop, companies must have a data resilience plan in place which incorporates four key facets: data backup, data recovery, data freedom and data security.

Ransomware is Just Business

With ransomware being a low-risk, high-reward opportunity for criminals, as it requires little effort to access sensitive information and demand ransom, it is becoming an attractive career choice for some. It is on this basis that ransomware has evolved into a fully-fledged business with more operations starting up every week.  This is also fuelled by the increasing popularity of Ransomware-as-a-Service, a model where sophisticated threat actors develop and sell ransomware platforms to other threat actors.

With this rise in threat actors targeting businesses today, IT security can no longer be a problem for IT teams alone. Every decision is a commercial decision and will carry risk. And every person within an organisation has an important role in being the first line of defence and protecting a company from a breach.

From Passwords to Exploits

People make mistakes, and this makes them an attractive target for most threat actors. According to Mimecast over 70% of cyber breaches in 2023 were caused by human error. Advanced phishing attacks are more convincing than ever, making it harder for employees to distinguish between real and fake emails. It only requires a quick click of the button by a stressed, tired or disgruntled employee for threat access to gain a password that gives full access to the organisation’s data.

As such, while employees must be adequately trained to avoid falling victim to these phishing or ransomware attacks, this is merely the first step to improving a company’s security. However, it requires further security measures to be put in place to protect the organisation and its data.

Testing, Testing

Backups are considered the primary way to recover from a breach, but is this enough to ensure that the organisation will be up and running with minimal impact? Testing is a critical component to ensuring that a company can recover after a breach and provides valuable insight into the steps that the company will need to take to recover from a variety of scenarios. Unfortunately, many organisations implement measures to recover but fail on the last step of their resilience approach, namely testing. Without this step, they cannot know if their recovery strategy is effective.

Testing is a critical component as it provides valuable insight into the steps it needs to take to recover, what works, and what areas it needs to focus on for the recovery process, the amount of time it will take to recover the files and more. Without this, companies will not know what processes to follow to restore data following a breach, as well as timelines to recovery. Equally, they will not know if they have backed up their data correctly before an attack if they have not performed adequate testing.

Although many IT teams are stretched and struggle to find the time to do regular testing, it is possible to automate the testing process to ensure that it occurs frequently.  These tools will also provide a realistic view of how resilient the environment is to threats and provide a host of scenarios that could impact the business, helping to prepare for almost any incident.

From testing to reality

While some organisations are surprised that they have been breached, according to Sophos, 83% of organisations that experienced a breach had observable warning signs beforehand and ignored the canary in the coal mine. Further, 70% of breaches were successful and threat actors encrypted the data of the organisation to prevent access to it.

However, as threat actors aren’t using enterprise-grade tools to gain access to data, enterprises are effectively at an advantage if they test and retest regularly, and back up their data effectively. A good guideline for this is the 3-2-1 rule, which states that there should be at least three copies of the data, stored on two different types of storage media, and one copy should be kept offsite in a remote location. Businesses also stand to benefit from partnering with an organisation that can protect the network to defend against threats and has the expertise to help them to recover from an attack.