Sunday, September 20, 2020

Digital Risk Management Technology Ecosystem Launched

Digital Shadows, the industry leader in digital risk management, today announced the launch of its Digital Risk Management Technology Ecosystem. Formed from almost a dozen technology companies, with more expected to join in the coming months, they all share a vision for how security analytics and security information and event management (SIEM), product orchestration and automation, risk & compliance, intelligence and network enforcement, must work together to best protect customers from today’s digital risks. All initial ecosystem members will bring their individual, industry-proven strengths to enhance Digital Shadows’ intelligence and digital risk management capabilities which extend across the widest range of data sources within the open, deep and dark web to protect customers around the world.

Cyber and physical threats, combined with data, brand, VIP and infrastructure exposure along with third-party risk, are continuing to grow in complexity and volume. Organizations need a rapid and coordinated approach to analysis and response, but their existing solutions typically aren’t validated to work together to facilitate these efforts. To meet this need, Digital Shadows developed the Digital Risk Management Technology Ecosystem to give customers a tightly integrated portfolio of third-party technology products and services, enabling enhanced threat management and remediation capabilities to protect customers’ business, brand and reputation, while simultaneously accelerating return on investment for existing security solutions.

“Today’s digital economy indexed on the use of digital technologies requires that organizations gain complete visibility into their digital footprint to understand their external risk exposure and enable threat mitigation actions,” said Doug Cahill, Senior Analyst at Enterprise Strategy Group. “Such a holistic approach requires collaboration and integrations that when realized, would enable organizations to take a huge step forward in business efficiency and security effectiveness.”

Alex Seton, Digital Shadows VP Business & Corporate Development said, “Customers seeking to leverage Digital Shadows Searchlight intelligence and digital risk management service with third-party products will now be able to more effectively respond to digital threats. Through a framework created with leading industry partners, Digital Shadows customers now gain even greater insight, a streamlined approach to workflow and remediation, and network-level resolution to verified threats.”

Initial digital risk management technology ecosystem partners include:

  1. Security Analystics/SIEM – IBM Security, Splunk, Micro Focus

Digital Shadows Searchlight integration with products IBM QRadar, Splunk Enterprise, and Micro Focus ArcSight.

  1. Orchestration & AutomationDigital Shadows Searchlight integration with Phantom, ServiceNow, and Demisto  

“Phantom supports the Digital Shadows Digital Risk Management Technology Ecosystem as a clear way to connect our industry leading security automation and orchestration platform to threat management and mitigation solutions aimed at protecting customers’ businesses, brands and reputations,” said CP Morey, VP, Marketing & Products, Phantom

“Integrating the leading digital risk management solution from Digital Shadows with the automation and security orchestration capabilities of Demisto allows our customers to more quickly detect and remediate threats by automating routine tasks,” said Rishi Bhargava, Co-founder, Demisto. “Effective security is all about speed to remediate threats and intelligence about the risks faced by enterprises from inside and outside the organization is critical to success. ”

  1. Intelligence – Digital Shadows Searchlight integration with Anomali, ThreatConnect, ThreatQ, and TruStar Technology

“Intelligence and context is critical to effective cybersecurity and by partnering with Digital Shadows, our customers can leverage and operationalize this information to identify and remediate security threats, ” said Colby DeRodeff, Chief Strategy Officer at Anomali. “Together, we enable enterprises to discover security incidents, provide richer context on threat actors and their campaigns, and drive more efficient response. ”

“We are excited that the ThreatConnect and Digital Shadows longstanding partnership continues to strengthen, ” said Dan Cole, ThreatConnect’s Director of Product Management. “Our integration helps customers better understand adversaries and mitigate threats, and with the new Digital Risk Management Technology Ecosystem, those capabilities will be enhanced.”

 “ThreatQuotient’s goal is to deliver our customers and partners a platform that allows them to make their threat intelligence as effective as possible to secure their business with confidence,” said Haig Colter, Director of Alliances, ThreatQuotient. “We are proud to provide security teams with the ability to utilize Digital Shadows’ insight as part of their integrated security operations and management.”

“Combining Digital Shadows with TruSTAR’s threat intelligence platform helps SOC analysts achieve a real-time understanding of their events and how they fit in the wider threat landscape,” said Paul Kurtz, Co-Founder & CEO of TruSTAR Technology. “Our sharing group and enterprise customers clamored for this partnership and we’re pleased to finally be able to offer this invaluable layer of insight.”

  1. EnforcementCisco Cloud Security for Digital Shadows Searchlight integaration with Cisco Umbrella

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