eSecurity Planet | Aug 20, 2014
A major contributing factor in many recent data breaches has been the fact that many IT security teams are simply overwhelmed by the volume of data they’re handling.
Mike Lloyd, CTO of RedSeal Networks, said that kind of data provides IT security teams with a serious challenge. “I don’t meet any security teams these days that say, ‘You know, what I lack is data,'” he said. “In fact, we’re drowning in data. The problem is turning that data into facts you can use.”
New York Times | Aug 15, 2014
“This looks much the same as the attack that impacted Target last year,” said Steve Hultquist, an executive at RedSeal Networks, a security firm. “These breaches continue to demonstrate the sophistication of the attackers and the reward they receive being worth the investment they make in their attacks.”
InfoSecurity Magazine | Aug 14, 2014
Tennessee Electric Company (TEC Industrial) is suing its bank, TriSummit, after falling victim to a $327,000 cyber-heist. The attackers likely used password-stealing malware, and then logged in to the bank using TEC credentials to siphon the funds.
“This action underscores the increasing focus on responsibility for maintaining end-to-end security for customers,” said Steve Hultquist, chief evangelist at RedSeal Networks, in a comment to Infosecurity.
The Green Sheet | Aug 1, 2014
The latest big breach apparently occurred at the nonprofit retail thrift store operator Goodwill Industries International Inc. The culprit: a new strain of malware called Backoff.
Ray Rothrock, Chief Executive Officer at enterprise cyber security company RedSeal Networks, said the security and retail industries are keen on fighting fraud, even if a modicum of complacency has set in with consumers and the mass media.
“I guarantee if you’re a CEO, you are worried about breaches,” Rothrock said. “In fact, a lot of people these days are being asked by their boards and senior management, assume we will be breached because we will be. What’s your plan of response and remediation for it?”
Cyber Security Business | Jul 31, 2014
Mike Lloyd, CTO of RedSeal Networks, stated to TechNewsWorld: “Many organizations have been in denial for too long … Many industries are loved by the public and can lapse into thinking they don’t have enemies, and so don’t really need to worry about security.”
Security Week | Jul 23, 2014
“The global law enforcement community has sent a strong message to the individuals that commit these crimes,” said Robert Capps, senior director of customer success at RedSeal Networks and former head of global trust and safety for StubHub.
CSO Magazine | Jul 1, 2014
“With so much business being conducted with suppliers online, Mike Lloyd, chief technology officer for RedSeal Networks, recommended companies map out and monitor all network connections.”
SecurityCurrent | Apr 24, 2014
SecurityCurrent interviewed Ray Rothrock and discussed his role as the new CEO of RedSeal and the future of the company. He also discusses RedSeal’s network discovery capability and the IT security industry.