CyCognito News
11 articles
CyCognito Uncovers Trove of Vulnerable Cloud and Web Applications Exposing Sensitive Information
CyCognito, a specialist in external attack surface management, has discovered a significant number of vulnerable public cloud, mobile, and web applications exposing sensitive information, including unsecured APIs and personal identifiable information (PII). This information was gathered from the companys semi-annual State of External Exposure Management study, which analyzed 3.5 million assets across CyCognitos enterprise customer base, including several Fortune 500 companies. The study found that nearly three-quarters of cloud and web applications with PII are vulnerable to exploits.
Customers
Cybersecurity startup CyCognito cuts 15% of jobs | CTech
Israeli cybersecurity company CyCognito has laid off around 30 employees, accounting for 15% of its workforce. The layoffs are a result of the companys need to reduce its cash burn rate due to an anticipated difficult recession in the market. CyCognito raised $100 million in a Series C funding round at an $800 million valuation in December 2020. The companys platform autonomously builds a graph data model of an organizations business structure and scans the internet to identify potential entry points for attackers.
Layoffs
CyCognito Appoints Anne Marie Zettlemoyer as Chief Security Officer
CyCognito has appointed security veteran Anne Marie Zettlemoyer as Chief Security Officer (CSO). This appointment comes at a time of record growth and market momentum for CyCognito. Zettlemoyer will be responsible for bolstering the companys key security focus areas. With over 20 years of experience in technical leadership at prominent enterprises and government agencies, Zettlemoyers expertise will help CyCognito scale and accelerate its value in the marketplace. CyCognito aims to be the enabling technology that allows organizations to proactively secure their growing attack surfaces.
Management Changes
CyCognito Launches Exploit Intelligence
CyCognito has added Exploit Intelligence to its External Surface Attack Management solutions. This new feature helps security teams prioritize and remediate critical risks by proactively discovering external assets, testing vulnerabilities, and providing threat-based insights. Exploit Intelligence offers expert advisories on threats being exploited in the wild and aligns them with risks in the organizations attack surface. It also automates pen testing and red teaming processes. The addition of Exploit Intelligence aims to enhance visibility, testing capabilities, and expert guidance for security teams. CyCognitos customers, including Tesco, have already seen benefits from this new feature. CyCognito is a cybersecurity company based in Palo Alto, California, funded by leading Silicon Valley venture capitalists.
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Israeli cybersecurity co CyCognito raises $100m
Israeli cybersecurity company CyCognito has completed a $100 million Series C financing round, bringing the total amount raised to $153 million. The companys external attack surface management platform helps enterprises prioritize, investigate, and respond to potential security risks. CyCognito leverages advanced Machine Learning and Natural Language Understanding to build a graph data model of an organizations business structure and identify internet-exposed and unmanaged assets. Fortune 500 companies like Colgate-Palmolive, Tesco, and Scientific Games Corporation, as well as government groups like the State of California, are using the CyCognito platform. The company has experienced significant growth, quadrupling new annual recurring revenue and tripling its Fortune 500 customer list in the last 12 months.
Investment
CyCognito and ESG Report Shows Attack Surface Management is Critical But Few Organizations Do It Well
CyCognito, a cybersecurity firm, has partnered with Enterprise Strategy Group (ESG) to conduct research on attack surface protection. The research revealed that while most security professionals recognize the importance of attack surface protection, their operational practices and tools are not up to the task. The report suggests that organizations focus only on assets they already know exist, leaving significant portions of their attack surfaces exposed to attackers. The report recommends creating a continuous closed-loop process between attack surface monitoring and security testing.
Partners
CyCognito Named a Cool Vendor by Gartner
CyCognito has been named a Cool Vendor in the October 1, 2020 report on Cyber and IT Risk Management by Gartner. The report highlights the importance for organizations to manage shadow risk in their attack surfaces. CyCognito aims to build the most comprehensive attack surface protection platform in the market to eliminate the paths of least resistance for attackers. The company is funded by leading Silicon Valley venture capitalists and helps organizations protect themselves from sophisticated attackers.
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CyCognito announces $30 million in series B funding
CyCognito Inc., an information security company, has raised $30 million in a series B funding round led by Accel. The funding brings the total funding of the company to $53 million. CyCognito will use the investment to expand its market reach and address the risks posed by externally-exposed systems and digital assets. Eric Wolford, partner at Accel, will join the companys board of directors. CyCognito leverages the concept of POLaR to help organizations identify and eliminate hidden risks.
Investment
NEW TECH: CyCognito employs offensive bot network to put companies a step a head of attackers
CyCognito, a cybersecurity startup, is taking an offensive approach to defending IT assets by utilizing a bot network to identify and map exposed IP assets. The companys bot network actively crawls the Internet to gather ground-level intelligence and feeds it back to an analytics platform. CyCognito aims to help enterprises protect themselves by identifying security blind spots and vulnerabilities. The companys recent analysis revealed that organizations are often unaware of up to 75% of their attack surface, with hidden assets impacting their cybersecurity posture. CyCognitos offensive defense approach aims to outflank attackers and provide a high-definition snapshot of the threat landscape. The company also offers its botnet and analytics platform for hire to help companies identify and address open attack vectors.
Customers
Microsoft Chairman Backs Network Security Startup CyCognito in $18 Million Round
Israel-based network security startup CyCognito Ltd. has raised an $18 million series A funding round, led by Lightspeed Ventures, with participation from Sorenson Ventures and Microsoft chairman John W. Thompson. The company, founded in 2017, develops a cloud-based network security analysis service that simulates sophisticated attacks to uncover organizational security weaknesses. The funding will be used to hire 60 additional employees, mostly for its Israeli research and development office.
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Review: Continuous cybersecurity monitoring with CyCognito
The article discusses the CyCognito platform, which provides continuous attack surface monitoring for modern enterprise networks. The platform studies networks from the outside, similar to how hackers operate, and identifies vulnerabilities and threats. It maintains a network of bots that constantly search for assets connected to the internet. The platform can discover physical infrastructure, IoT devices, cloud-based infrastructure, and third-party assets. It also identifies vulnerabilities such as misconfigurations, weak encryption, and poor authentication security. The platform prioritizes alerts based on the potential harm and ease of exploitation. It offers a dashboard for organizations to monitor security dangers and generate reports. The CyCognito platform aims to bring back the advantages of penetration testing in modern network infrastructures.
Customers