Cybersecurity firm Cylance is to create 150 jobs in Cork over the next three years, with the opening of a new office to support customers across EMEA (Europe, the Middle East and Africa).
Author: Jeremy Solomons
Drizly Launches Online Marketplace for Beer, Wine & Spirits
Drizly, the technology company behind the first and largest on-demand alcohol app, today introduced new marketplace features that will transform the way consumers shop for beer, wine and spirits. The announcement was made at an event introducing Drizly to the San Francisco market.
By bringing transparency to what has been an opaque and difficult to shop product category, Drizly’s marketplace makes it easier to shop for alcohol online. Consumers can now simultaneously browse the inventories of multiple local retailers and compare prices between them. Through this “endless aisle” shopping experience, consumers have access to the largest possible product selection, can find the lowest prices and may choose to receive their order when and where it is most convenient for them. Depending on their location, consumers will have a range of fulfillment options available to them, including delivery, in-store pick-up and shipping.
“We launched Drizly in 2013 as an on-demand service to make the alcohol buying experience easier. Since then we have aggressively developed our retail partner network, user base and technology to support an e-commerce platform that appeals to a much broader set of consumers,” said Nick Rellas, co-founder and CEO of Drizly.
The launch of Drizly’s marketplace is the latest example of the company’s work to modernize the alcohol industry and enhance the shopping experience. The move further distances Drizly from other on-demand companies that have based their models strictly on delivery.
“Analysts predict that close to 40 percent of online spend will be owned by marketplace retailers by 2020,” noted Rellas. “Our shift to the marketplace model was the natural progression for our business and having that vision early on has allowed us to excel at each stage as we streamline the alcohol shopping experience for consumers.”
The marketplace also helps retailers, providing them additional customers, modern inventory management tools and improved local market insights.
Drizly is rolling out its marketplace features in conjunction with its launch in San Francisco. Beginning today, more than 1.5M residents across San Francisco, East Bay and Stockton will have access to Drizly and be able to shop thousands of options across beer, wine and spirits.
Contacts
Kerin Horgan, 508-577-1054
khorgan@drizly.com
Pwnie Express: Innovative Tech of the Year
Pwnie Express were winners at the 2016 MassTLC Leadership Awards Gala Wednesday night at the Seaport World Trade Center.
CounterTack Recognized as Innovative US Army Venture-Backed Startup
CounterTack today announced it was recognized by CB insights, a research and advisory firm, in a list of emerging technology companies backed by U.S. government defense- and security-focused investment firms.
As noted by CB Insights, U.S. military and intelligence-affiliated research outfits have played a major role in the recent resurgence of technology and innovation fueling growth in the United States.
CB insights profiled 12 early- to mid-stage tech startups that are backed by investment firms that are US government-affiliated and security-oriented.
CounterTack was recognized for its backing by Arsenal Venture Partners, manager of the Army Venture Capital Initiative which invests in businesses for the benefit of the U.S. Army.
“CounterTack is helping organizations solve some of the most difficult challenges in the face of an evolving set of threat vectors in the Federal government and in the Enterprise,” said Jason Rottenberg, Managing Director, Arsenal Venture Partners.
“We invested in CounterTack knowing they bring an innovative approach to endpoint security in an extremely competitive market.”
“While CounterTack continues to bolster its Federal and Commercial market presence, it’s important to highlight our connection to military-linked venture funds,” said Neal Creighton, CEO, CounterTack.
“Not only do we understand the government’s threat environment and protection needs, but we are partnered with a unique network of experienced military officers and civilians within the Department of Defense.”
Stuart McClure of Cylance Interviewed
The concept of artificial intelligence may conjure up a future of scary robots for some. But fear not, because AI can help us better identify cyberthreats faster. Stuart McClure, president and CEO of Cylance, discusses just how far AI has come in helping companies determine not just the existence of threats, but how malware and zero-day intrusions make their way into our systems.
Digital Guardian Announces Strategic Product Licensing Agreement with CounterTack
Digital Guardian will Integrate CounterTack’s In-Memory Endpoint Threat Analysis, Behavioral Detection and Forensic Capabilities to Increase Protection against Advanced Malware
WALTHAM, Mass. (August 02, 2016) – Digital Guardian, a next generation data protection platform purpose built to stop data theft, today announced it has entered into a product licensing agreement with CounterTack that will integrate CounterTack’s Digital DNA® in-memory threat analysis, behavioral detection and forensic capabilities into the Digital Guardian platform.
Malware that bypasses many detection engines typically resides in memory, and attackers are engineering malware to continuously infect corporate endpoints and servers while evading antivirus and other endpoint detection platforms. Often referred to as fileless malware, they are designed to run processes with higher levels of stealth while enabling increased privilege escalation, lateral movement in the network and ultimately, data exfiltration. Digital DNA® from CounterTack is the industry’s leading solution to detect fileless infections, and other advanced malware. For example, it can detect and contain threats like PowerWare, a new fileless ransomware.
“As we continue our mission to provide ubiquitous data protection from all threats, it’s imperative we integrate advanced capabilities like memory analysis, behavioral detection and forensics as part of our next gen platform,” said Ken Levine, president and chief executive officer, Digital Guardian. “We are extremely pleased to be partnering with CounterTack as the company brings us a complementary technology that provides customers with a higher level of information security, process visibility and threat intelligence.”
“We’re thrilled to partner with an industry leader like Digital Guardian who has an established and growing customer base for its technology that already protects millions of endpoints,” said Neal Creighton, CEO, CounterTack. “Whether it’s CounterTack’s customers or Digital Guardian’s customers, our mutual goal is to help organizations re-establish control across the endpoint environment, where most threats now originate, and where they have the most potential to steal sensitive data. Our in-memory analysis capabilities, along with behavioral-based detection and forensic capture, will provide Digital Guardian customers with enhanced endpoint protection and the unique capability to predict how advanced threats will execute.”
“The evolving threat landscape requires solutions that can detect, analyze, and respond to the variety of methods employed by an attacker, and next generation endpoint security is no exception,” said Doug Cahill, senior analyst, ESG. “Fileless malware is continuing to grow in popularity as a means to evade detection by operating in memory only, an approach to maximize dwell time in order to harvest more sensitive information. Digital Guardian customers will benefit from its partnership with CounterTack by being able to detect and remediate memory-resident attacks faster to protect against data loss.”
The full integration will be completed in 2017. Until then, Digital Guardian plans to resell two of CounterTack’s endpoint detection and response products, both powered by Digital DNA:
- Active Defense – Enterprise-class malware detection and analysis platform.
- Responder PRO – Advanced in-memory forensics, malware analysis and reverse engineering tool specifically designed for incident responders.
For more information please visit: https://digitalguardian.com/solutions/use-case/memory-forensics
Cynthia Breazeal with Fareed Zakaria in CNN Interview
Can scientists teach robots to be warm and fun, like R2-D2? Fareed sits down with Cynthia Breazeal, the MIT robot whiz behind the “first family robot.”
Cynthia Breazeal Fareed Zakaria Interview On jibo
Digital Guardian Launches new Engineering and Development Center in Hyderabad
Digital Guardian, announced the launch of its operations in Hyderabad, India.
The centre at Hyderabad, which is Digital Guardian’s 1st center in India and 7th globally, will be an integral part of the company’s global development centers and will focus on enhancing existing products. As an extension arm to the core engineering department, the India Center will focus on enterprise product development, along with software-security & systems-management innovation. Overall, the India Center will be a driver for revenue while providing a source of optimized engineering and product development.
Digital Guardian currently serves prominent corporations like DuPont and GE in India. The company, which currently has over 350 employees globally, aims to hire 150 employees in Hyderabad over the next 18-24 months to sustain its growth rate and accelerate new innovation areas. Digital Guardian saw a significant growth of 42% in its total product orders in 2015 with a 198% in new customer acquisition.
While making the announcement on entering India, Ken Levine, president and CEO at Digital Guardian said,“There has been a surge of interest and spend trending towards Data Loss Prevention and Endpoint Detection & Response products and deployments in the Asia-Pacific-Japan region. Our presence in India will help Digital Guardian reach these geographies with ease and a much quicker response time. The presence of global companies and availability of highly educated talent, along with quality infrastructure are some of the factors for us in choosing Hyderabad as a key base market.”
In its 2016 ‘Critical Capabilities for DLP report’, Gartner rated Digital Guardian as ‘#1 for intellectual Property Protection’ while being cited as a ‘Leader’ in the 2016 Gartner Magic Quadrant for Enterprise Data Loss Prevention. Digital Guardian was also rated one of the top places to work by Silicon India Magazine.
The company also raised US$ 66 Million in funding in December 2015 and acquired two new companies – Code Green Networks and Savant Protection – to propel the growth of the company while adding key technological advancements.
CounterTack Receives “Strong” Ratings for Sentinel
CounterTack Receives “Strong” Ratings for Sentinel in 5 out of 5 Use Cases
In Gartner’s latest Endpoint Detection and Response Technologies and Solutions Report, CounterTack receives “Strong” Rating Across All Categories for Sentinel Based on Behavioral Analysis EDR Approach
CounterTack announced that the company received ”Strong” ratings across all five categories in Gartner’s June 2016 Comparison of EDR Technologies and Solutions Reportfor Sentinel, its big data endpoint detection and response (EDR) product.
CounterTack is the only EDR vendor that effectively combines continuous, behaviorally-based detection and response capabilities with predictive, in-memory binary analysis for the enterprise. Sentinel now integrates CounterTack’s patented memory analysis technology Digital DNA® to give customers more context and visibility around how threats might execute across their endpoint environments.
Gartner’s comparison provides an assessment of how products address the key capabilities and use cases identified for EDR tools. CounterTack received “Strong” ratings across all five of the enterprise use cases:
- Incident data search and investigation
- Alert triage or suspicious activity validation
- Suspicious activity detection
- Threat hunting or data exploration
- Stopping malicious activity
“Gartner’s report further validates that CounterTack is leading the way in delivering innovative EDR technology,” said Neal Creighton, CEO, CounterTack. “In order to protect themselves against the most advanced and aggressive attacks, enterprises are recognizing that endpoint security is an essential component of modern security architecture. Our unique approach to EDR focuses on real attacker and insider behavior, helping today’s security teams in identifying threats before they happen, as they are in progress and to triage post-incident damage. CounterTack is committed to providing the most innovative and adaptable solutions that will protect enterprises against the most dangerous cybercriminals.”
Cocona® 37.5® And Point6 Announce Partnership
Cocona® 37.5® And Point6 Announce PartnershipFor New Line Of Advanced Wool Socks
“Wool is Mother Nature’s miracle fiber, thanks to moisture, temperature, and odor controlling properties,” says Peter Duke, Point6 CEO. “Bringing 37.5 technology fiber into the mix elevates wool’s benefits to a whole new level.”
Managing the microclimate next to the foot extends the user’s comfort range and improves cooling. An in-depth study conducted by the Department of Physiology at the University of Colorado, Boulder reported that by changing from a wicking shirt to a 37.5 shirt athletes extended their performance and reduced their core temperature build up. This same technology can now be found in socks.
The team at Point6 worked with scientists from Cocona to perfect the combination of 37.5 particles with nylon. By layering the 37.5 nylon between 100% compact spun New Zealand Merino wool, Point6 can make a sock that maintains a comfortable level of humidity by delaying the onset of sweat and drying faster, even during high-intensity exercise.
“Peter Duke has had a long and successful history as an innovator with merino wool, so it was exciting to partner with Point 6 on this development,” said Jeff Bowman, CEO of Cocona Inc. “The product they’ve created is fantastic; 37.5 fibers pair very well with natural fibers, turbocharging the inherent properties of merino.”
The active particles in patented 37.5 fiber are permanently embedded in the nylon fabric of the socks and won’t wash out. These active particles provide 800% more surface area to the fiber, while providing a unique driving force to remove moisture vapor unlike any other technology. The particles, naturally derived from coconut shells and volcanic sand, capture heat from the body’s infrared energy to speed evaporation and significantly reduce dry-time.
“Adding 37.5 technology to our socks makes Point6 a far superior product to all other wool socks,” says Duke. “Period!”
Point6 will introduce nine styles powered by 37.5 technology for Spring 2017, plus several tactical styles that are being developed for the military.