Federal Civilian Agency Saves the Day

/by

Two years ago, a federal government civilian agency had a problem.

Nation state actors were targeting the agency, creating numerous cyber events and breaches every day. The media was all over the story. They faced enormous pressure to change the cybersecurity status quo.

The agency’s cybersecurity team knew that they were in reaction mode. They had a gut feeling that they didn’t know as much about their networks as they needed to. Vulnerability scanners were in place, patching was done on schedule, yet incidents kept happening. Were the scanners accurate? Were there missing components on their networks?

After extensive review and testing of the cybersecurity analytics tools on the market, the agency selected RedSeal—initially to manage the findings of the vulnerability scanners and to determine what to fix first, based on risk to high value assets. After expanding the program to thirteen locations, the agency integrated RedSeal enterprise-wide for network mapping and vulnerability prioritization.

The audit team manager said, “Just last week, using RedSeal, we conducted an assessment of a location with 1,500 endpoints and correlated 5,000 vulnerabilities. Further automated analysis by RedSeal showed that only four were a critical threat and should be prioritized for remediation. Normally, the local network engineering staff would have been overwhelmed by 5,000 findings. We saved them a massive amount of work, lowered the risk of a breach and gave them an accurate model of their network for the first time.”

The agency’s Cybersecurity Assessment Team found that with RedSeal the team’s functionality, speed and accuracy was significantly improved. Intuitively, the team members are able to set up RedSeal instances and map the network with a minimum of training and outside consultants. They are also able to easily create reports customized to the needs of each site’s particular mission and responsibilities. “RedSeal is the must-have tool for any cybersecurity assessment team,” was the agency’s conclusion.

Do you have a problem with your time consuming and inaccurate manual vulnerability assessment program? Click here to set up you free trial of RedSeal and choose the better way.

 

XL Catlin to Offer Network Modeling, Cyber Risk Scoring Platform Through RedSeal

/by

Insurance Journal | March 28, 2018

XL Catlin and RedSeal have partnered on a new approach to cyber insurance using an objective measurement of a network’s resilience to help underwriters evaluate their clients’ risks over time and help clients continue to improve their cybersecurity and potentially improve their insurance terms.

RedSeal’s cyber risk modeling and and risk scoring platform creates a network model from the inside out, including physical assets, as well as those in public and private cloud environments. RedSeal uses this info to calculate the Digital Resilience Score, a holistic measure of the network’s resilience, similar to a credit worthiness score.

Read More

XL Catlin and RedSeal Launch Cyber Insurance Industry’s First Dynamic Measure of Resilience to Gauge Risk, Improve Cybersecurity and Insurance Terms

/by

Collaboration delivers unprecedented, continual insights to help underwriters evaluate cyber risk at policy issuance and during the policy; Companies can use information to improve network resilience and policy terms

 NEW YORK, March 27, 2018 — XL Catlin and RedSeal today announced a new, dynamic approach to cyber insurance, which uses an objective measurement of a network’s resilience to help underwriters more thoroughly evaluate their clients’ risks over time, helps clients continue to improve their cybersecurity and potentially improve their insurance terms.

Unlike other cyber insurance risk analyses, which rely on surveys and a general understanding of the network at the time of the initial underwriting, XL Catlin’s approach offers its clients a more accurate, dynamic and helpful service.

RedSeal’s patented network modeling and risk scoring platform creates a network model from the inside out, including physical assets, as well as those in public and private cloud environments. With this insight, RedSeal calculates the Digital Resilience Score, a holistic measure of the network’s resilience, similar to a credit worthiness score. The Score evaluates the client’s network to determine:

  • How weaknesses from incorrectly configured devices and third-party software could impact the network;
  • How accessible a company’s valuable assets are to attackers; and
  • The degree to which the network – including all its devices and their connections – is understood.

More resilient networks deliver higher scores, which means they are potentially lower risks. Once an XL Catlin client installs RedSeal and gets their initial Digital Resilience Score, and again during a mid-term evaluation, XL Catlin will determine if the client’s resilience warrants improved terms.

“We see this collaboration as a win-win for all involved,” said John Coletti, chief underwriting officer, cyber and technology, XL Catlin. “We’re giving our clients the option to create a cycle of continuous improvement in their cyber security efforts. Plus, our underwriters have more in-depth information to evaluate their risk and provide the most appropriate policy terms and pricing – and our customers can use the same information to improve their resilience and lower their risk.”

“The cyber insurance industry is evolving quickly, and technology companies are working to provide useful, data-driven solutions that matter,” said Ray Rothrock, CEO and chairman of RedSeal. “RedSeal’s platform of network modeling and scoring provides unique insights and hard to find issues within digital enterprises for both XL Catlin’s underwriters and their clients, which we expect will benefit both. We’re enabling a new, collaborative era in cyber insurance and cybersecurity.”

For more information on the joint offering from XL Catlin and RedSeal visit www.redseal.net/solutions/cyber-insurance/clients-and-brokers.

About XL Catlin’s Insurance Operations
XL Catlin insurance companies offer property, casualty, professional, financial lines and specialty insurance products globally. Businesses that are moving the world forward choose XL Catlin as their partner. To learn more, visit xlcatlin.com.

About XL Catlin
XL Catlin is the global brand used by XL Group Ltd (NYSE:XL) insurance and reinsurance companies which provide property, casualty, professional and specialty products to industrial, commercial and professional firms, insurance companies and other enterprises throughout the world. Clients look to XL Catlin for answers to their most complex risks and to help move their world forward. To learn more, visit xlcatlin.com.

About RedSeal
RedSeal’s network modeling and risk scoring platform is the foundation for enabling enterprises to be resilient to cyber events across public cloud, private cloud and physical network environments. RedSeal helps customers understand their network from the inside out – providing actionable intelligence, situational awareness and a Digital Resilience Score to help enterprises measure and improve their resilience. Government agencies and Global 2000 companies around the world rely on RedSeal to help them validate their overall security posture, accelerate investigation and improve the productivity of their security and network teams. Founded in 2004, RedSeal is headquartered in Sunnyvale, California.

RedSeal Named Infosec Awards 2018 Winner

/by

Cyber Defense Magazine | April 14, 2018

RedSeal was named an Infosec Awards 2018 winner for Network Security and Management in Cyber Defense Magazine’s annual review of the hottest, most innovative, best, market leaders, next-generation and cutting edge INFOSEC companies offering incredible products and services – from nearly 3,000 companies who create and offer the most respected information security products and services.

Read More

RedSeal Brings Cyber Resilience to The Montgomery Summit

/by

­­­

Selected from 4,000 nominated companies, RedSeal will present the its latest technology and growth trajectory to exclusive audience of innovators, investors and business leaders

LOS ANGELES (March 6, 2018) – RedSeal, the leader in network modeling and cyber risk scoring, has been selected from thousands of nominees to present at the annual Montgomery Summit, the leading business and technology conference taking place in Santa Monica, Calif. on March 7 and 8. RedSeal CMO Julie Parrish will discuss the company’s business strategy, proprietary technology, and market positioning to an invited audience of 1,000 entrepreneurs, corporate executives and venture capitalists.

“C-Suites understand that cyber security is both a fiduciary and ethical responsibility, and are keenly aware that prevention and detection strategies are just not enough.   They know they need to build resilience into their environments” said Julie Parrish, Chief Marketing Officer at RedSeal. “But these  environments are very complex – with layers of physical and virtual devices,  SDN and public clouds – it’s hard to accurately “see” your entire network today.   RedSeal delivers the foundation for digital resilience: the ability to see and model the entire network; the insights needed to accelerate investigation and prioritize activities before and during an attack, and a Digital Resilience Score to continuously measure and improve resilience.”

“This year’s Summit will be an exclusive opportunity for leading emerging private companies to showcase their innovations to a room of entrepreneurs and investors and forge connections to take their businesses to the next level,” said Jamie Montgomery, founder of The Montgomery Summit. “We continue to see the best and brightest presenters nominated from a range of industries, from Enterprise AI to Fin Tech, and look forward to the insight and expertise they will bring to this year’s conference.”

This year, a global committee of senior investors from top venture capital and growth funds, prior Summit attendees, researchers, entrepreneurs and Summit partners and staff selected 140 companies to present from over 4,000 nominations. Nominations were evaluated by each company’s sector, stage, growth and engagement metrics, as well as criteria including management, vision, and more.

In addition to presentations from top private growth company CEOs, the two-day event features industry leaders and top innovators in a series of keynotes, panels and salons. Speakers at this year’s Summit include George Kurtz, CEO & Co-Founder, Crowdstrike, Tom Siebel, CEO of C3 IoT, Sue Siegel, Chief Innovation Officer at GE & CEO of GE Ventures, Sam Walker, Author, The Captain Class: The Hidden Force that Creates the World’s Greatest Teams, and Julie Sweet, CEO of Accenture. Additionally, the Summit will feature The Rise of the Female Entrepreneur program on March 8th, which will highlight the rising role of female entrepreneurs and investors in the technology world. Co-chaired by by Niloo Howe, Chief Strategy Officer at RSA, Meredith Finn, Senior Director at Salesforce Ventures, and Cack Wilhelm, Partner at Accomplice VC, the event will be keynoted by Sallie Krawcheck, founder and CEO of Ellevest and Sukhinder Singh Cassidy, founder and chairman of theBoardlist.

About RedSeal
RedSeal’s network modeling and risk scoring platform is the foundation for enabling enterprises to be resilient to cyber events across public cloud, private cloud and physical network environments. RedSeal helps customers understand their network from the inside out – providing actionable intelligence, situational awareness and a Digital Resilience Score to help enterprises measure and improve their resilience. Government agencies and Global 2000 companies around the world rely on RedSeal to help them validate their overall security posture, accelerate investigation and improve the productivity of their security and network teams. Founded in 2004, RedSeal is headquartered in Sunnyvale, California. Follow RedSeal on Twitter and LinkedIn.

 About The Montgomery Summit
The Montgomery Summit gathers an invited group of entrepreneurs, senior investors and leading executives to discover the most important innovations in business and technology. The event features two days of presentations, keynotes, panels and salons in Santa Monica, Calif.

Previously known as The Montgomery Technology Conference, the Summit has for more than a decade provided unparalleled opportunities to meet a diverse blend of technological visionaries and innovators from all over the world. For more information, visit www.montgomerysummit.com.

###

RedSeal Recognized as 2017 Red Herring Top 100 Global Winner

/by

Provider of Award-Winning Network Modeling and Cyber Risk Scoring Platform Honored for Third Consecutive Year

SUNNYVALE, Calif., March 1, 2018 — RedSeal, the leader in network modeling and cyber risk scoring, today announced that it has been recognized by Red Herring for its strong financial performance and technology innovation, and has again been named to the publication’s Annual Top 100 Global list. The Top 100 Global list celebrates private companies’ innovations and technologies across their respective industries and has become a mark of distinction for identifying promising companies and entrepreneurs.

“We are honored to be recognized by this prestigious publication for the third year in a row,” said RedSeal CEO and chairman, Ray Rothrock. “Globally, we’re seeing significant demand for RedSeal’s platform, which helps organizations increase their resilience to cyber attack. Organizations today need confidence that they can withstand an attack, mitigate damage, and maintain the trust of their constituents.  The RedSeal platform validates and measures security posture before an attack, prioritizes risk areas and speeds investigation and containment – across complex cloud and physical network environments.”

Red Herring editors have an excellent track record of predicting the technologies and companies that will change the way we live and work – Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com, YouTube, and eBay are all former Top 100 Global company winners.

“Choosing the companies with the strongest potential was by no means a small feat,” said Alex Vieux, publisher and CEO of Red Herring. “After rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across the globe to the Top 100 Winners. We believe RedSeal embodies the vision, drive and innovation that define a successful entrepreneurial venture. RedSeal should be proud of its accomplishment.”

Red Herring’s editorial staff evaluated the companies on both quantitative and qualitative criteria, such as financial performance, technology innovation, management quality, strategy, and market penetration. This assessment of potential is complemented by a review of the track records and standing of startups relative to their peers, allowing Red Herring to see past the “buzz” and make the list a valuable instrument of discovery and advocacy for the most promising new business models from around the world.

About RedSeal

RedSeal’s network modeling and risk scoring platform is the foundation for enabling enterprises to be resilient to cyber events across public cloud, private cloud and physical network environments. RedSeal helps customers understand their network from the inside out – providing actionable intelligence, situational awareness and a Digital Resilience Score to help enterprises measure and improve their resilience. Government agencies and Global 2000 companies around the world rely on RedSeal to help them validate their overall security posture, accelerate investigation and improve the productivity of their security and network teams. Founded in 2004, RedSeal is headquartered in Sunnyvale, California. Follow RedSeal on Twitter and LinkedIn.

Contact:
Dean Fisk, Finn Partners
+1 (707) 292-4201
dean.fisk@finnpartners.com

###