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Authlogics Announces Money-Back Guarantee for its new Password Security Management 4.1

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Authlogics, a company that provides enterprise password security and multi-factor authentication technologies is incentivising organisations to take action against the worrying rise in breached passwords. The company is offering an unprecedented money-back guarantee for its new Authlogics Password Security Management 4.1.

The latest version of Authlogics Password Security Management 4.1 provides complete visibility of an organisation’s password breach status. A new dashboard displays graphs, alerts, and reports regarding the historic and current passwords breach status of each user in the organisation (up to every four hours). CEO of Authlogics, Steven Hope, states, “Within days of using the system you will see your organisation’s exposure to data breaches from compromised passwords falling and in turn strengthening the security of the organisation and its assets, as well as lowering exposure to regulatory risk and helpdesk costs.”

The scale of the breached password problem is highlighted in the 2022 ForgeRock Consumer Identity Breach Report, which suggests two billion data records containing usernames and passwords were compromised in 2021, representing a 35% increase from 2020. Meanwhile, last month IBM highlighted the rising cost of a data breach from an average of $3.86 million to $4.24 million.

Authlogics Password Security Management 4.1 is an end-to-end auditing, real-time protection, remediation, and reporting solution. It provides protection against breached and shared passwords, and mitigates common identity-based attacks such as phishing and keylogging, whilst removing the burden of password resetting from users and helpdesks. It is powered by the Authlogics Password Breach Database which contains records of more than 4.6 billion previously compromised credentials.

Hope adds: “I am rarely one to quote a politician, however, when the former UK government minister, Sajid Javid, said in his final speech to the House of Commons last month, ‘Not doing something is an active decision’ it really resonated.” Hope continues: “As technology vendors, we must look for new ways to remove the factors that inhibit organisations from taking the right course of action. In the case of security systems cost, or to be more precise, the ability to demonstrate a clear return on investment is often the reason for choosing not to act.”

The money-back-guarantee is offered to any organisation that deploys Authlogics Password Security Management 4.1. Hope concludes, “This unprecedented offer, combined with our scaled pricing makes the decision to do nothing hard to justify for any organisation of any size. It is our aim to make secure authentication accessible and affordable for all.”

Cyber Security

ManageEngine Intros Enhanced SIEM with Dual-Layered System for Better Precision in Threat Detection

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ManageEngine, the enterprise IT management division of Zoho Corporation, today unveiled the industry’s first dual-layered threat detection system in its security information and event management (SIEM) solution, Log360. The new feature, available in Log360’s threat detection, investigation and response (TDIR) component, Vigil IQ, empowers security operations centre (SOC) teams in organizations with improved accuracy and enhanced precision in threat detection.

A quality SOC ensures people, processes, and cutting-edge technology function well. However, enterprise security is made difficult by staffing shortages and solution orchestration complexities. Following recent upgrades to the security analytics module of Log360 designed to facilitate SOC optimization through key performance metric monitoring, the company has focused on addressing pressing challenges in security operations.

“In a recent ManageEngine study, a majority of respondents revealed that their SOCs are understaffed. These resource-constrained SOCs grapple with significant obstacles, such as process silos and manual investigation of alerts, which are often non-threats, low-priority issues or false positives. These lead to extended detection and response times for actual threats. To overcome these challenges, we recognize the imperative adoption of AI & ML for contextual event enrichment and rewiring threat detection logic,” said Manikandan Thangaraj, vice president at ManageEngine.

“We pioneered a dual-layered, ML approach to heighten the precision and consistency of threat detection. First, Vigil IQ ensures genuine threats are discerned from false positives. Second, the system facilitates targeted threat identification and response. This advanced system significantly improves the accuracy of identifying threats, streamlining the detection process and allowing SOC analysts to focus their valuable time on investigating real threats.”

Key Features of the Dual-Layered Threat Detection System of Vigil IQ in Log360:
Smart Alerts: Vigil IQ, the TDIR module of Log360, now combines the power of both accuracy and precision in threat detection. With its dynamic learning capability, Vigil IQ adapts to the changing nature of network behaviour to cover more threat instances accurately. It will spot threats that get overlooked due to manual threshold settings, thereby improving the detection system’s reliability.

Proactive Predictive Analytics: Leveraging predictive analytics based on historical data patterns, Vigil IQ predicts potential security threats, facilitating the implementation of proactive measures before incidents occur. This predictive intelligence drastically reduces the mean time to detect (MTTD) threats.

Contextual Intelligence: Vigil IQ enriches alerts with deep contextual information, providing security analysts with comprehensive threat insights. This enrichment of alerts with non-event context accelerates the mean time to respond (MTTR) by delivering pertinent, precise information.

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Proofpoint Appoints Sumit Dhawan as Chief Executive Officer

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Proofpoint has announced that Sumit Dhawan has been appointed chief executive officer, effective immediately. Rémi Thomas, Proofpoint’s chief financial officer, who has been acting as Proofpoint’s interim CEO since October 25th, will continue to serve as the company’s CFO. “The Proofpoint board of directors could not be more excited to partner with Sumit as he joins Proofpoint to usher in a new stage of growth,” said Seth Boro, managing partner at Thoma Bravo. “Sumit brings a wealth of valuable experience and expertise in building category-leading, scaled companies and businesses. We are confident his customer-centric passion and strong legacy of leadership will continue to carry Proofpoint’s mission forward in providing people-centric cybersecurity solutions that address some of the most challenging risks facing organizations today.”

Dhawan is a highly respected and seasoned technology leader with a proven track record of building market-leading security, cloud, and end-user computing businesses. In his most recent role as president of VMware, Dhawan was responsible for driving over $13B of revenue and led the company’s go-to-market functions including worldwide sales, customer success and experience, strategic ecosystem, industry solutions, marketing, and communications. Before that, he was chief executive officer of Instart, a cybersecurity business delivering innovations in web application security services. He has held senior executive and general management roles at both VMware and Citrix and has successfully established category-leading businesses at scale.

“Over the years, Proofpoint has built an exceptional brand and is trusted by some of the world’s leading organizations as their cybersecurity partner of choice,” said Sumit Dhawan. “I’m honoured to join a leader at the forefront of cybersecurity innovation and to shepherd its continuing and unwavering commitment to helping organizations across the globe protect people and defend data.”

Proofpoint recently announced it has entered into a definitive agreement to acquire Tessian, a leader in the use of advanced AI to automatically detect and guard against both accidental data loss and evolving email threats. Tessian’s cloud-native, API-enabled inbound and outbound email protection solution will extend Proofpoint’s award-winning offering to address the most frequent form of data loss including, misdirected email and data exfiltration.

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Cloud

Google Clarifies the Cause of Missing Google Drive Files

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Many Google Drive users recently experienced the unsettling disappearance of their files, prompting concerns. Google has now identified the root cause, attributing the issue specifically to the Google Drive for Desktop app. While assuring that only a limited subset of users is affected, the tech giant is actively investigating the matter and promises timely updates.

To prevent inadvertent file deletion, Google provides the following recommendations:

  1. Avoid clicking “Disconnect account” within Drive for desktop.
  2. Refrain from deleting or moving the app data folder, located at:
    • Windows: %USERPROFILE%\AppData\Local\Google\DriveFS
    • macOS: ~/Library/Application Support/Google/DriveFS
  3. Optionally, create a copy of the app data folder if there is sufficient space on your hard drive.

Before Google officially addressed the issue, distressed users took to the company’s support forum to report deleted files. One user from South Korea highlighted a particularly severe case where their account reverted to May 2023, resulting in the loss of anything uploaded or created after that date. Additionally, the user emphasised that they had not synced or shared their files or drive with anyone else.

As Google delves deeper into resolving this matter, affected users are advised to heed the provided precautions. The company’s commitment to ongoing updates reflects its dedication to swiftly addressing and rectifying the situation. The incident serves as a reminder of the importance of proactive measures to safeguard digital data, especially as users navigate cloud-based platforms such as Google Drive.

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