AI Based Security Analytics Is Growing Fast

RANK Software, an AI-based security analytics and threat intelligence platform, recently announced it ended 2018 with record revenue growth of 111 percent. This growth was fueled by new customers like Swisscom and PostMedia network along with key additions to the executive leadership team, new partnerships, and delivering new platform capabilities to keep pace with today’s rapidly evolving cybersecurity threats.

“Our performance last year, including record revenue growth, customer wins, and an expanding partner ecosystem, is directly attributed the efforts of the entire RANK team in working to solve customers’ most pressing cybersecurity challenges,” said CEO Rick Costanzo.

“The VASA Platform uses AI to address two major customer challenges. The growing numbers of increasingly complex cyber-attacks and the shortage of cybersecurity skills in the market to combat them.” 

With customer Proofs of Concept at an all-time high, key customer wins last year include Postmedia Network, the Canadian news media company representing more than 140 brands across multiple print, online, and mobile platforms, and Swisscom, Switzerland’s leading telecommunications company.

RANK also announced collaboration in cybersecurity research with the Fields Institute for Research in Mathematical Sciences, a global leader in mathematics research hosted by the University of Toronto. The flagship project of this new partnership between RANK Software and the Institute’s new Centre for Quantitative Analysis and Modelling (Fields-CQAM) will focus on using machine learning to develop and improve cybersecurity detection mechanisms.

Significant VASA enhancements include the integration of Mitre’s Cyber Analytic Repository (CARs) and open source Sigma project dramatically increases the speed at which typical attacks are identified and prevented. 

CARs includes a growing list of known threat and malicious techniques previously observed on other enterprise networks. Sigma consists of a set of open source tools to help security analysts develop and share custom threat detection methods. Once developed, these methods and tools are shared across the community for everyone's benefit. 

The new enhancements to RANK’s VASA platform update users with CARs and Sigma information to provide immediate benefit to security analysts by eliminating the need to manually develop the means to identify and prevent known types of attacks. VASA helps identify and prevent security threats in real-time by ingesting data from network sources and identifying anomalies for security analysts to review. 

VASA addresses the challenges of identifying internal and unknown threats commonly missed today by perimeter defense systems through:

•    Active Learning. RANK Software helps reduce the false positives generated by most AI tools by recoding analyst feedback and allowing them to apply an action to similar alerts. This makes the VASA platform smarter over time allowing security analysts to become more efficient.
•    Enterprise Scale. RANK Software ingests data from over 40 sources out of the box including System Network Traffic and End Point log files. It is capable of handling more than 1 billion events a day at 10+ gigabits per second.
•    Contextualisation. RANK Software builds on the results of AI, machine learning, and behavioral analytics by making the data more consumable and understanding risk thresholds based on context. This helps assemble and interpret the signals needed to hunt and assess threats faster and with high precision.
•    Flexible Architecture.  On the cloud or on-premise, RANK Software provides unparalleled context and visibility into potential breaches. 

Here are some thoughts from Rick Costanzo about 2020: 

  • The nature of cybersecurity threats will become increasing more complex and frequent.
  • The impact of this is compounded by the growing gap between demand and supply of qualified security professionals. 
  • This leaves businesses vulnerable and unable to detect and respond to threats.
  • In 2019 we expect to see businesses turning to Managed Security Service Providers (MSSPs) and threat hunting to help improve detection of credible threats and reduce investigation time.

News By CSI:

You Might Also Read:

Artificial Intelligence & Threat Detection:

« The Biter Bit: Secret Russian Files Are Leaked
Britain Aims To Lead In CyberSecurity »

CyberSecurity Jobsite
Perimeter 81

Directory of Suppliers

DigitalStakeout

DigitalStakeout

A simple and cost-effective solution to monitor, investigate and analyze data from the web, social media and cyber sources to identify threats and make better security decisions.

Practice Labs

Practice Labs

Practice Labs is an IT competency hub, where live-lab environments give access to real equipment for hands-on practice of essential cybersecurity skills.

Cylance Smart Antivirus

Cylance Smart Antivirus

An antivirus that works smarter, not harder, from BlackBerry. Lightweight, non-intrusive protection powered by artificial intelligence. BUY NOW - LIMITED DISCOUNT OFFER.

Cyber Security Supplier Directory

Cyber Security Supplier Directory

Free Access: Cyber Security Supplier Directory listing 5,000+ specialist service providers.

FREE eBook: Practical Guide To Optimizing Your Cloud Deployments

FREE eBook: Practical Guide To Optimizing Your Cloud Deployments

AWS Marketplace eBook: Optimizing your cloud deployments to accelerate cloud activities, reduce costs, and improve customer experience.

Clayden Law

Clayden Law

Clayden Law are experts in information technology, data privacy and cybersecurity law.

Authentic8

Authentic8

Authentic8 transforms how organizations secure and control the use of the web with Silo, its patented cloud browser.

Jooble

Jooble

Jooble is a job search aggregator operating in 71 countries worldwide. We simplify the job search process by displaying active job ads from major job boards and career sites across the internet.

Syxsense

Syxsense

Syxsense brings together endpoint management and security for greater efficiency and collaboration between IT management and security teams.

Perimeter 81

Perimeter 81

Perimeter 81 is a Zero Trust Network as a Service designed to simplify secure network, cloud and application access for the modern and distributed workforce.

Fortinet

Fortinet

Fortinet is a provider of network security systems. Our products provide protection against dynamic security threats while simplifying the IT security infrastructure.

Institute for Critical Infrastructure Technology (ICIT)

Institute for Critical Infrastructure Technology (ICIT)

ICIT is a leading cybersecurity think tank providing objective research, advisory, and education to legislative, commercial, and public-sector cybersecurity stakeholders.

Volexity

Volexity

Volexity is a leading provider of threat intelligence and incident suppression services and solutions.

Egyptian Supreme Cybersecurity Council (ESCC)

Egyptian Supreme Cybersecurity Council (ESCC)

ESCC is responsible for developing a national strategy to face and respond to the cyber threats and attacks and to oversee its implementation and update.

Worldline

Worldline

Worldline IIoT solutions allow industrial companies to start their digital transformation journey with industrial level cyber security standards (IEC 62443 ready).

NexGenT

NexGenT

NexGenT have combined military-style training with decades of network engineering and cyber security experience into an immersive program to get people into cyber security fast and effectively.

Action1

Action1

Action1 is a Cloud-based lightweight endpoint security platform that discovers all of your endpoints in seconds and allows you to retrieve live security information from the entire network.

BlockAPT

BlockAPT

BlockAPT, empowering you with an advanced, intelligent cyber defence platform. We protect our customers digital assets by unifying operational technologies against advanced persistent threats.