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Tenable to Acquire Bit Discovery

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Tenable Holdings has announced that it has signed an agreement to acquire Bit Discovery. Combining Tenable’s market-leading Cyber Exposure solutions with Bit Discovery’s EASM capabilities will provide customers with a differentiated 360-degree view of the modern attack surface – both inside out and outside in – to identify and eliminate areas of known and unknown security risk.

Discovering and gaining insight into every part of a business’s digital footprint are essential steps of any effective cybersecurity program. Discovery has never been more critical, given the reliance on critical internet-facing services, applications, and APIs. The problem for most organizations is that they are largely blind to the full and ever-changing scope of internet-facing assets and services. With its powerful EASM solution, Bit Discovery eliminates this problem by continuously monitoring the Internet, allowing customers to rapidly discover and identify all externally facing assets that could become exploitable targets by cybercriminals.

After closing, Tenable will leverage Bit Discovery’s EASM solutions across its entire portfolio – from enterprise vulnerability management (VM) to Nessus, from cloud to operational technology (OT) to identity. Once integrated, customers will have the ability to assess the security posture of their entire attack surface and understand each of these in the context of an attack path that might exist from external systems to critical assets. By covering both external and internal assets, Tenable will provide a comprehensive view of vulnerabilities and cyber risk, allowing customers to prioritize remediation efforts and minimize cyber exposure.

“Whatever is visible on the internet is very likely to be the first target and the hardest thing for organizations to continuously see and assess. We believe attack surface management is vital to modern cybersecurity and an integral part of our vulnerability and Cyber Exposure solutions,” said Glen Pendley, chief technology officer, Tenable. “We are seamlessly combining previously disjointed insights and empowering security practitioners to eliminate blind spots and easily understand their cyber exposure in ways previously not possible.”

“Bit Discovery’s founding mission is to help enterprises identify their internet-facing attack surface area and continually monitor and manage their exposure. Joining Tenable will give us the ability to instantly reach 40,000 global customers, accelerating our vision in ways that would have otherwise been impossible,” said Jeremiah Grossman, CEO, and co-founder of Bit Discovery. “This capability combined with the insights provided by Tenable’s solutions is a compelling chance to change the market.”

Bit Discovery was founded by Jeremiah Grossman and Robert Hansen. Grossman, who also founded WhiteHat Security, has spent approximately 20 years in information security, during which he has become an industry luminary. Hansen previously served as a security pioneer at eBay, where he was responsible for authentication as well as anti-fraud and anti-phishing technologies.

Under the terms of the agreement, Tenable will acquire Bit Discovery for a total purchase price of $44.5 million in cash, subject to customary purchase price adjustments. The acquisition is expected to close later in the second quarter of 2022, subject to the satisfaction of customary closing conditions.

Bit Discovery is not expected to have a significant impact on Tenable’s financial results in the second quarter.  For the second half of the year, revenue is not expected to be significant, but Bit Discovery is expected to add $2 million to $3 million of Calculated Current Billings, most notably in the latter part of the year, and $2 million to $3 million of non-GAAP Net Loss.

Events

Riyadh Gets Ready for Black Hat MEA 2022

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Black Hat is gearing up to bring together the top minds in information security to Riyadh this November, as part of an iconic 3-day event. Taking place from the 15 to 17 of November at the Riyadh Front Exhibition Center, Black Hat MEA is set to welcome 30,000 visitors to Riyadh, making it the largest cybersecurity event in the region while featuring the most powerful speaker lineup of any technology show in its first edition.

Following the success of @Hack, Black Hat MEA will host over 250 exhibitors and more than 200 speakers this year. The event will also host international tech giants including Cisco, IBM, Spire, Infoblox, and more. The event is the result of the partnership between the Saudi Federation of Cybersecurity, Programming, and Drones (SAFCSP) and Informa Markets, the largest events company in the world. This strategic partnership highlights the Kingdom’s investments and growth in cybersecurity and the digital space while being a testament to the adaptation of modern technology in the region.

“@hack set the bar for cybersecurity events across the region in 2021, surpassing our expectations across all measures. This success reflects Saudi’s position as a growing center of global cybersecurity excellence & the global ecosystem’s confidence and curiosity in what we are building from the grassroots up” said Faisal Al-Khamisi, Chairman, SAFCSP. “The credibility of evolving @hack to Black Hat MEA is a powerful indicator of our intentions within the cybersecurity space. This partnership will spark innovation, supercharge our capacity building and develop investment opportunities which we are excited to share with the world in November”

“IBM recently reported that a data breach in 2022 can cost a company an average of USD 4.35 million. This cost is at its all-time highest now and sits at a 12.7% increase from 2020. In today’s digitally powered world, this is an alarming situation for all of us, but especially for those who are not aware of nor possess the tools needed to protect their sensitive data. This is where Black Hat MEA comes in and cements its position as a must-attend event to generate awareness, create understanding around the importance of cybersecurity and educate on how to safely use tomorrow’s digital space to its maximum potential.”

Mike Champion, Regional Executive Vice President of Informa Markets, added: “Last year we launched the largest infosec show of 2021, worldwide. This year, it’s grown even more – more than 25,000 visitors have seen it with their own eyes, there’s now only one event that gives you so many elite hackers and CISO speakers, so large a community, such a variety of hacking tools, so much prize money, such a big buzz – and that’s Black Hat MEA in Riyadh.”

Event attendees will get the chance to hear testimonies about cybersecurity and its implications from an exciting line-up of world-renowned speakers from leading companies including CISOs of Equifax, Boom Supersonic, and Lufthansa; Jamil Farshchi, Chris Roberts, and Naby Diaw respectively, as well as Dr. Alissa Abdullah (Dr. Jay), Deputy Chief Security Officer, Mastercard, Ira Winkler, Chief Security Architect, Walmart and Timothy Brown, VP & Global Chief Information Security Officer, SolarWinds among others. The event will also welcome David Colombo, CEO of Colombo Technology, and the teen tech genius, the world-renowned cyber security expert who hacked into Tesla cars. The show will also be home to demonstrations and product launches of the latest cutting-edge security solutions, from across all areas of the industry including software, services, and training.

Black Hat MEA will also feature several different themes and tracks to cater to the diverse audience, including

  • Training – 23 bespoke training sessions by 30 Black Hat-approved trainers in a hands-on environment with training partners like Offensive Security, we45, Orange Cyberdefense and Madiant
  • Executive Summit: The exclusive conference with over 200 senior leaders in information security, including CISOs and senior decision makers in charge of influencing and implementing security strategies.
  • Arsenal – A developer space where the latest open-source tools and products are showcased by developers along with hands-on experience.
  • Briefings – Where infosec experts present research on industry trends, hacking tools, and security vulnerabilities.
  • Capture The Flag – a jeopardy-style hacking tournament for over 1,000 participants to enhance their ethical hacking skills at different difficulty levels for a SAR 700,000 prize fund.

Other competitions include the Bug Bounty Cup with a prize fund of SAR 300,000, a Start-Up competition where the top pitches present to seasoned judges, angel investors, tech experts, and government stakeholders for a cash prize of SAR 90,000. The event will also host a merchandise design competition for talented and unique digital artists who can create artwork exclusively for the Black Hat MEA Cyber Heroes. The winning design will also be printed as a limited collection.

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A10 Networks Launches Harmony Controller As-a-Service Release 5.4

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A10 Networks has just announced the launch of Harmony Controller as-a-service, Release 5.4 with enhancements that ease multi-cloud operational complexity and strengthen security. Network admins for enterprises and service providers all know the pain of growth and change. Rapid or unexpected growth in users, subscribers, and traffic; migration from centralized data centers to edge deployments, cloud, multi-cloud, or hybrid cloud environments; and the pandemic-inspired shift to distributed and suburban/home-based applications means network administrators must continually scramble to ensure capacity is correctly and efficiently deployed to meet demand.

For the critical functions that A10 provides, including Thunder Application Delivery Controller (ADC), Thunder Convergent Firewall (CFW), and Thunder Carrier-grade Networking (CGN), customers are managing their Thunder appliances or virtual machines throughout this massive change using A10 Harmony Controller. The A10 Harmony Controller provides centralized management and analytics for A10 secure application services including A10 Thunder ADC, SSLi, CFW, and CGN in multi-cloud environments for application configuration and policy enforcement. It is available on self-managed (on-premises/cloud) and as-a-service.

Harmony Controller as-a-service has key advantages over self-managed systems, providing organizations a centralized management interface for installation, configuration, monitoring, and troubleshooting of physical and virtual devices wherever they are deployed. Adding or changing Thunder devices used to require manually intensive processes for installation, licensing, and registration of devices. Harmony Controller-as-a-service makes those processes simple and easy to use. The service is operated by A10 to ensure its security and availability. The service creates simpler elastic capacity with a management interface that automatically scales as the system grows, supporting millions of users and thousands of devices.

Harmony Controller as-a-service, Release 5.4, includes the following enhancements:

  1. Stronger Security with Multi-Factor-Authentication (MFA): Now, administrators can enable MFA for all the users in the account. MFA is available when the users are authenticated locally in Harmony Controller. Users need to install the Google Authenticator app on their mobile devices for a one-time setup of MFA. While users can postpone set-up, the administrator can set an enforcement deadline. The device communicator role is created for users who use Harmony Controller to register Thunder devices.
  2. Local Authorization after Remote Authentication: Now, users can authenticate on remote servers, such as LDAP, TACACS +, or RADIUS, and authorize locally in Harmony Controller. The user privileges and access information are stored in Harmony Controller.
  3. Flexible Device Configuration Backup: Now, users can schedule periodic device configuration backups with precise time-zone and frequency.

“With the Harmony Controller, organizations can efficiently automate deployment and operations of application services, increase operational efficiency and agility, enhance end-user experiences and reduce TCO, simplify the management of distributed application services to dramatically shorten troubleshooting times, receive alerts on performance or security anomalies, improve capacity planning and optimize IT infrastructure and cloud environments,” concludes Amr Alashaal, Regional Vice President – Middle East at A10 Networks.

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GITEX

Spire Solutions to Show Off a Triad of Digital, Data, and Cybersecurity at GITEX 2022

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Spire Solutions has announced that its core focus at GITEX 2022 (October 10 to 14, 2022) will be to help governments and enterprises reimagine the triad of digital, data, and cybersecurity which is timely and crucial given the various digital transformation initiatives around the region. “While organizations are busy implementing several tools, technologies, and workflows, Spire will ensure the overall impact is positive by implementing solutions for efficient and scalable digital infrastructure & operations management with SolarWinds and prioritizing employees’ digital experience with Nexthink,” the company said.

Digitization invariably produces a tremendous volume of data but managing data remains the main challenge for organizations of all sizes. Therefore, with its bespoke data company Spire Data, and partners such as Cribl and Elastic, Spire will show how to manage data end-to-end including governance, observability, modernization, automation, classification, and more. Most importantly, the digital disruption has led to a surge in cyber risks and attacks across different industry verticals so Spire will help organizations strengthen, modernize, automate and transform their cybersecurity strategies by focusing on comprehensive detection & response (XDR) by Elastic & Corelight, continuous attack path visualization by XM Cyber, ultimate network visibility with Gigamon, secure identity governance & access management by CyberArk, digital risks management by Digital Shadows and cyber threat intelligence and attribution by Group IB, to name a few.

Sanjeev Walia, Founder & President at Spire Solutions, said, “We are committed to the national and regional priorities and our goal is to help governments and enterprises achieve a secure and seamless digital transformation. At GITEX 2022, we will share our integrated approach to creating and executing relevant strategies and introduce unique solutions around digitization, data, and cybersecurity along with our technology partners. We will also announce industry shaping partnerships, showcase live demos and run educational sessions on all 5 days.”

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