XM Cyber News
39 articles
XM Cyber Extends Continuous Exposure Management Capabilities
XM Cyber has announced enhancements to its continuous exposure management capabilities, addressing the latest hybrid cloud active directory attacks and easing security teams ability to prioritize and remediate threats. The company aims to help organizations prioritize remediation efforts and improve overall security posture. Gartner lists Threat Exposure Management as one of the Top Cybersecurity Trends in 2023 and predicts that organizations prioritizing security investments through continuous threat exposure management programs will suffer fewer breaches. XM Cybers platform update incorporates new attack techniques and adds automation to ease the remediation of excessive shadow-admin permissions. The company will showcase its exposure management technology at Black Hat.
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XM Cyber Announces Strategic Partnership with SAP to Deliver Robust Security for Hybrid Environments
XM Cyber has announced a strategic partnership with SAP to provide SAP customers with comprehensive exposure management capabilities and in-depth visibility of attack surfaces. This partnership will help organizations utilizing SAP solutions to transition their data and processes to the cloud with less risk. SAP customers can now use XM Cybers exposure management technology to gain visibility into their entire attack surface, both on-premise and in the cloud, to detect and migrate malicious activity before it can occur. The partnership is expected to enhance resilience against attacks and increase overall security posture.
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XM Cyber Acquires Confluera
XM Cyber, a hybrid cloud security company, has acquired Confluera, a company specializing in cyber attack detection and response for the cloud. The amount of the deal was not disclosed. With the acquisition, XM Cybers Continuous Exposure Management platform will provide comprehensive cloud security solutions. Conflueras real-time attack storyboardin technology will enhance XM Cybers ability to detect and respond to advanced attacks in hybrid cloud environments. XM Cyber, founded by top executives from the Israeli cyber intelligence community, has offices in North America, Europe, and Israel.
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'Total Economic Impact' Study Concludes That XM Cyber Delivered 394% Return On Investment
XM Cyber, a leader in hybrid cloud security, has released the results of a Total Economic Impact study conducted by Forrester Consulting. The study found that XM Cybers Attack Path Management solution resulted in a 394% ROI ($11.6M net present value) for customers over a three-year period. The solution reduces the costs of remediation, fines, labor, and pen testing, while also improving the relationship between IT ops and cybersecurity teams and decreasing the risk of working with third parties. XM Cybers solution maps an organizations on-prem and cloud environments to identify attack paths that bad actors can exploit. The companys customers have benefited from avoiding $12.4M in costs, reducing penetration testing costs by $1.4 million, and reducing labor costs by $.7M over three years. XM Cyber is a leading hybrid cloud security company that helps organizations approach cyber risk.
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XM Cyber acquiring Israeli startup Cyber Observer for an estimated $30 million CTech
XM Cyber, an Israeli cybersecurity firm, has announced the acquisition of Cyber Observer, another Israeli startup. The deal is estimated to be worth around $30 million. XM Cyber, which was itself acquired by Schwarz Group for $700 million less than a year ago, has seen significant growth since the acquisition. The companys revenues in the first half of 2022 doubled total revenues for 2021, and the number of employees increased by over 50%. Cyber Observers team of around 30 people will join XM Cyber. Cyber Observers continuous control monitoring will be integrated into XM Cybers cyber risk management platform.
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Cybersecurity startup XM Cyber acquired for $700 million by Schwarz Group
Israeli cybersecurity startup XM Cyber is being acquired by Schwarz Group, the worlds fourth-largest retailer, for $700 million. XM Cyber has developed a technology that simulates organized cyberattacks to help companies improve their defenses. The acquisition will allow XM Cyber to accelerate innovation and growth in the global cybersecurity market. XM Cyber will continue to operate independently under its current brand and support structure. The acquisition is seen as a strategic move for Schwarz Group to enhance its IT security and protect its customers and partners.
Acquisition
Former Mossad chief's cybersecurity company to operate in Gulf
Israeli cybersecurity company XM Cyber is entering the Persian Gulf for the first time. The startup will sell cybersecurity products to protect the regions gas, oil, and financial infrastructures. XM Cyber signed a cooperation agreement with Dubai-based Spire Solutions, as well as other partnerships with companies like Rafael Advanced Defense Systems and a consortium of Israeli companies. The company has raised $49 million from investors. XM Cybers overseas operations include the US, UK, Germany, Switzerland, Belgium, Italy, and France. Customers include Hamburg port and US insurance company Plymouth Rock.
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XM Cyber Named "Black Unicorn" for Third Year in a Row
XM Cyber has won a 2021 Cyber Defense Black Unicorn Award in the category of Baby Black Unicorn. This marks the third consecutive year that XM Cyber has received a Black Unicorn Award. The award signifies the companys potential to reach a $1 billion market value within 3-5 years. XM Cyber offers a new approach to attack path management, using the attackers perspective to find and remediate critical attack paths across networks. The company competed against other leading providers of cybersecurity products and services for the award. The winners were announced at Black Hat USA.
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XM Cyber Reports Strong 2021 Momentum Marked by Remarkable Growth and Key Leadership Appointments
XM Cyber, a market leader in the Risk-Based Vulnerability Management space, achieved over 160% growth in bookings in 2020. The company more than doubled its number of clients worldwide and expanded its staff. XM Cyber was recognized as a Cool Vendor by Gartner and received prestigious industry awards. The companys platform helps companies address cyber security investments and provides contextual prioritization and remediation. New cyber risks threaten business-sensitive systems, and XM Cybers platform helps identify and close security gaps. The company released several major product updates, including attack-based vulnerability management and cloud attack simulation. XM Cyber also added five key members to its leadership team.
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Israel's 2021 Cyber landscape: Which sector will the new unicorns emerge from?
More than 120 large private companies in the cybersecurity sector made it onto the Israeli Cybersecurity Technology Landscape 2021 map compiled by Glilot Capital Partners and IVC. The Israeli cyber sector experienced a 70% increase in investments in 2020 due to a spike in demand for data protection systems. The founder of Glilot Capital Partners predicts that some of the companies on the map will become unicorns or leading companies in their field. The article also highlights the growth potential in the Cyber Services and SME sub-sectors. The Shift Left phenomenon, where security is integrated earlier in the development process, is identified as a trend. Glilot Capital Partners manages $500 million and recently launched a growth fund focused on software and cyber companies called Glilot+.
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How to vaccinate your organization against poor cyber hygiene in 2021
The article discusses the increasing use of AI technologies by criminal gangs to enhance their operations. It highlights the need for AI defences to counter AI threats, with 69% of organisations in a Capgemini study stating that AI security is urgent. The article also mentions that traditional security tools are unable to keep pace with the scale of malware and ransomware created every week, whereas AI can detect even the smallest potential risk before it enters the system. The article also discusses the role of AI in prioritising risks and resources, and the potential of deep learning and attack simulations in future AI security.
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A Look Ahead to 2021 With XM Cyber - How To Shield Your Organization's Security Posture - XM Cyber
XM Cyber emphasizes the importance of returning to cyber hygiene basics and strengthening cloud security in the face of increasing cybersecurity threats. The company provides advanced breach and attack simulation technology to help organizations identify and address vulnerabilities before they are exploited. They urge organizations to prioritize cybersecurity basics and focus on reducing human error. XM Cybers technology aims to improve cybersecurity postures and give organizations an edge in defending against attackers. The article serves as a New Years message from XM Cyber, highlighting the need for vigilance and continuous improvement in cybersecurity practices.
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Here's How the Recent SolarWinds Supply Chain Attack Could Be Easily Stopped - XM Cyber
The article discusses a recent cybersecurity attack targeting the US government and large global corporations, which exploited a vulnerability in supply chain management software created by SolarWinds. The attack exposed a critical vulnerability in Americas technology infrastructure and affected 18,000 government agencies and companies. The article highlights the growing threat of state-sponsored attacks and private sector offensive actors. It emphasizes the need for governments to hold offenders accountable and share threat intelligence effectively. At the organizational level, the article suggests using defensive tools to analyze network operations and detect ongoing attacks, while continuously identifying and remediating vulnerabilities. XM Cybers Attack-Centric Exposure Prioritization (ACEP) platform is mentioned as a solution to fight back against sophisticated and damaging threats. The platform helps organizations identify and prioritize cyber risks, providing context-sensitive remediation guidance.
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Lessons Learned from the SolarWinds SUNBURST Attack - XM Cyber
The article discusses the recent SolarWinds SUNBURST supply chain attack and the need for both detection and prevention strategies in cybersecurity. The attack compromised SolarWinds software and affected numerous government agencies and Fortune 500 companies. The hackers used stealthy techniques and targeted a small number of entities for detailed operations. The article also highlights the evolving threat landscape, including state-sponsored attacks and the rise of Private Sector Offensive Actors (PSOA). It emphasizes the importance of securing critical business assets and introduces XM Cyber as a solution for continuously identifying and mitigating cyber risks. The article does not mention any specific customers, partners, investment or acquisition amounts, layoffs, or a date of the event.
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Vulnerability management isn't working for cloud security: Here's how to do it right - Help Net Security
The article discusses the persistent issue of cloud security breaches and the challenges of managing risk and vulnerabilities in dynamic cloud environments. It emphasizes the need for a better vulnerability management system, a commitment to cloud application security best practices, and a realignment of security posture with cloud requirements. The limitations of traditional vulnerability management tools are highlighted, including their tendency to miss active threats, create false positives, and provide a false sense of security. The article suggests breach and attack simulation (BAS) platforms as a more powerful and effective solution for identifying security gaps and assessing potential damage. Implementing BAS tools can help improve cloud security and mitigate the risk of data breaches.
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"שילוב נשים חרדיות בתעשיית ההייטק- יעד אסטרטגי לאומי"
81 Haredi women have successfully completed the Adva program, run by Scale-Up Velocity, a public benefit company from Start-Up Nation Central. The program prepares them for core roles in the high-tech industry and they will soon be integrated into leading companies such as Apple, Facebook, Check Point, and XM Cyber. The program, which lasts about two years, combines academic-level mathematics and computer science studies under the guidance of senior academic staff from leading universities. The second cycle of the program is expected to end in September 2021.
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Tech training program 'Adva' completed by 81 ultra-Orthodox women, leading to employment opportunities at leading companies
81 ultra-Orthodox Jewish women have completed the first cohort of Adva, a tech development training program operated by Scale-Up Velocity. The program, which lasted two years, has seen 16% of its graduates secure jobs at companies including Apple, Facebook, Check Point, and XM Cyber. The program aims to train religious students to become practical software engineers, with the second cohort of women expected to graduate in September 2021. Scale-Up Velocity invested NIS 10 million ($3.08 million) in the program.
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"שילוב נשים חרדיות בהייטק - יעד לאומי"
Scale-Up Velocity, a public benefit company from Start-Up Nation Central, has successfully completed the first cycle of its Adva program, which trains Haredi women for development roles in the tech industry. Out of 81 graduates, 13 women (16%) have already been integrated into core roles in leading companies such as Apple, Facebook, Check Point, and XM Cyber. The program, which lasts about two years, combines academic-level mathematics and computer science studies with practical experience in projects in collaboration with IBM, Mobilieye, Google, and the Ministry of Defense. The second cycle of the program is expected to end in September 2021.
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How to Cut Through the FUD of COVID-related Cyberattacks
The article discusses the rise of COVID-related cyberattacks and the use of fear, uncertainty, and doubt (FUD) in exploiting peoples emotions during the pandemic. It highlights the challenges faced by organizations in securing their information in a remote work environment and the increase in phishing attacks and malware using COVID-19 themes. The article provides actionable steps for enterprises and individuals to defend against FUD-based attacks, emphasizing the importance of IT hygiene, VPNs, endpoint security, and multifactor authentication. It also mentions the need for automation, remote technology deployment, and continuous risk monitoring to protect against cyber threats. The article does not mention any specific company.
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https://www.jpost.com/international/israeli-digital-solutions-for-koda-auto-650723
ŠKODA Auto DigiLab Israel Ltd. has started collaborating with Israeli start-ups to find innovative solutions for the company. They have invested in Anagog, an IT security expert, and are exploring partnerships with XM Cyber, Chakratec, Neteera, and Invervyo. The collaboration aims to develop customer-friendly mobile services, expand digital mobility services, improve driver safety, and enhance the hiring process. ŠKODA Auto DigiLab also held an online hackathon called the COVID Mobility Race to address the challenges posed by the pandemic. The winner, Matter, developed 3D technology for virtual showrooms. The company continues to develop this solution to welcome customers in the future.
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The Profound Benefits of SOC 2 Compliance
The article discusses the importance of SOC 2 compliance for service providers in ensuring safe data handling. SOC 2 is a global standard that requires service providers to undergo a rigorous audit to determine their ability to securely manage third-party information. The article highlights the key areas covered by SOC 2 audits, including availability, processing integrity, confidentiality and privacy, and security. It emphasizes the benefits of SOC 2 compliance in minimizing the risk of data breaches and improving security posture. SOC 2 certification also sends a message to clients about an organizations commitment to data protection and can provide a competitive edge. The article emphasizes the growing importance of cybersecurity and the need for organizations to verify the compliance of their service providers.
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XM Cyber and Cyber Guards Work Together to Deliver Unparalleled Cyber Security Assessments, Risk Management and Incident Response - XM Cyber
How to close pentest blind spots with automated security testing
The article discusses the use of weaponised AI by criminal gangs, focusing on the example of TrickBot, a botnet that has incorporated AI capabilities. It highlights the urgent need for AI defences in order to combat AI-driven attacks. The article mentions various AI security tools and systems that are available, such as machine learning algorithms and automated threat detection. It also discusses the importance of human management and supervision of AI systems. The use of AI in predicting and mitigating risks is emphasized, as well as the potential for autonomous AI systems to render human supervision unnecessary in the future. Overall, the article highlights the growing threat of weaponised AI and the need for robust AI security measures.
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New Research Shows that Breach and Attack Simulation Technology is Key for Managing Cyber Risk in a World of Growing Complexity
XM Cyber, a leader in breach and attack simulation software, has been recognized by Frost & Sullivan for offering a superior solution to conventional manual testing for reducing cyber risk and operational costs. The importance of using automated tools like XM Cybers BAS technology in identifying security gaps is highlighted in Frost & Sullivans white paper. With the increasing complexity of maintaining endpoint security due to the COVID-19 pandemic, continuous monitoring and real-time vulnerability analysis provided by BAS technology are crucial. XM Cybers cloud-based platform mimics cyberattacks to identify vulnerabilities and offers prioritized remediation. Frost & Sullivan recommends the adoption of advanced automated BAS technology for enterprises with a large number of endpoints to raise the bar on security hygiene and improve efficiency.
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CRN® Recognizes XM Cyber on the 2020 Emerging Vendors List
XM Cyber has been named to CRNs 2020 Emerging Vendors list in the Security category. This recognition highlights the companys dedication to innovation and its promising future in shaping the success of the channel. XM Cyber offers patented products that enable enterprises to continuously test their security posture and identify vulnerabilities. The company has recently achieved industry leadership with a $17M Series B funding round, an integration with Microsoft Defender Advanced Threat Protection, and being named a 2020 Gartner Cool Vendor. The Emerging Vendors list serves as a resource for solution providers seeking the latest technologies. XM Cybers inclusion in the list demonstrates its impact on channel growth and its ability to meet the complex demands of the IT industry.
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XM Cyber Now Integrated with Microsoft Defender Advanced Threat Protection (ATP)
XM Cyber has announced its integration with Microsoft Defender Advanced Threat Protection (ATP), providing customers with detailed information on potential attack paths. The integration supports the investigative process initiated by customers after a breach is detected, allowing them to understand the overall risk and take necessary steps for remediation. XM Cybers platform helps users of Microsoft Defender ATP to identify and tag their most critical assets, improving visibility and lowering risk. By continuously simulating attacks, XM Cyber exposes security issues and provides recommendations for remediation. The company has received industry recognition for its innovative solutions and serves customers in the financial and critical infrastructure sectors.
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https://www.jpost.com/jpost-tech/xm-cyber-secures-17m-to-develop-cyber-defense-for-cloud-based-resources-634384
XM Cyber, a cybersecurity start-up, has raised $17 million in Series B funding. The company offers a service that simulates cyberattacks on a clients network to identify security gaps and provide solutions. With the increase in remote work due to the COVID-19 pandemic, XM Cybers services have become more essential. The funding will be used for research and development projects and expanding the companys sales teams globally.
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XM Cyber Wins 2020 Fortress Cyber Security Award
XM Cyber has won the 2020 Fortress Cyber Security Awards in the threat modeling category. The company offers patented products that enable enterprises to continuously test their security posture and identify vulnerabilities. XM Cybers solutions help businesses improve their security posture, reduce costs, and lower exposure and risk. The recognition from the Business Intelligence Group highlights the importance of companies like XM Cyber in providing protection and trust in an evolving and data-reliant society.
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XM Cyber Named a Gartner 'Cool Vendor' in Security Operations and Threat Intelligence
XM Cyber, a breach and attack simulation (BAS) leader, has been recognized as a Cool Vendor in Gartners report on Security Operations and Threat Intelligence. The companys innovative products address security gaps in large networks by simulating attacks and exposing vulnerabilities. The report highlights XM Cybers ability to help organizations improve their security posture and detect/respond to threats. XM Cybers ongoing and prioritized remediation of security gaps is praised for its viability. The recognition from Gartner validates XM Cyber as a new breed of BAS solution. The full report can be downloaded from the XM Cyber website.
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XM Cyber Wins 2020 Cybersecurity Excellence Award for Best Breach and Attack Simulation Solution
XM Cyber, a breach and attack simulation (BAS) leader, has won the 2020 Cybersecurity Excellence Award for best BAS solution. The company is the only BAS solution provider to protect organizations critical assets in hybrid environments. XM Cyber continuously simulates advanced persistent threats (APT) to identify security gaps and prioritize remediation. The platform operates as an automated purple team, combining red team and blue team processes. XM Cyber has received over 20 industry awards and serves customers in the financial, critical infrastructure, and manufacturing sectors. The company was founded by security executives from the Israeli intelligence sector.
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XM Cyber Named 2020 TAG Cyber Distinguished Vendor
XM Cyber has been selected as a Distinguished Vendor in TAG Cybers 2020 Security Annual. The company provides a breach and attack simulation solution that allows organizations to identify hidden attack vectors and prioritize actionable remediation. The recognition serves as validation of XM Cybers HaXM platform, which has gained significant traction in the marketplace. The Security Annual report offers expert guidance and analysis on various aspects of the cybersecurity ecosystem. XM Cybers VP of Product, Menachem Shafran, was interviewed for the report. XM Cyber is part of an industry collective supporting the democratization of cybersecurity research and advisory materials.
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XM Cyber Sponsors IANS Houston Info Security Forum
XM Cyber, a breach and attack simulation (BAS) leader, will attend the IANS Houston Information Security Forum as a silver sponsor. The event aims to bring the information security community together to educate and network. XM Cybers platform, HaXM, continuously exposes attack vectors and provides actionable remediation of security gaps. The company views the event as an opportunity to contribute to the local cybersecurity community and learn from industry experts. XM Cyber has received numerous industry awards and serves customers in the financial, critical infrastructure, and manufacturing sectors.
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3 Israeli cybersecurity firms win Black Unicorn Awards
Cyber Defense Magazine announced the winners of its 2019 Black Unicorn Awards, three of which are Israeli companies. The awards recognize cybersecurity companies with the potential to reach a $1 billion market valuation. The Israeli awardees are Checkmarx, XM Cyber, and ObserveIT. The judges evaluated the finalists based on their team, technology, drive, and hypergrowth curve.
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XM Cyber Expands HaXM Automated Purple Team Platform With New Capabilities and Certifications
XM Cyber, a breach and attack simulation (BAS) leader, has unveiled new capabilities and features for its purple team platform HaXM. The company has expanded HaXMs capabilities to include real exploits on demand, automated social engineering, integration with SIEM systems, and more. XM Cyber has also achieved ISO/IEC 27001:2013 certification. The new features will be demonstrated at RSA Conference 2019. XM Cybers HaXM platform continuously exposes attack vectors and provides actionable remediation of security gaps. The company aims to offer enterprises a comprehensive view of at-risk critical assets and key security issues. XM Cyber has received numerous industry awards and serves customers in the financial, critical infrastructure, and manufacturing sectors.
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XM Cyber raises $22 million to automate cybersecurity
XM Cyber, a cybersecurity startup, has raised $22 million in a series A funding round. The companys platform, HaXM, simulates, validates, and remediates advanced persistent threats (APT) using artificial intelligence (AI). The funding will be used to accelerate XM Cybers growth through expanded sales, marketing, and engineering programs. XM Cyber has close to 30 customers in Europe, Israel, and the United States, including banking, insurance, and critical infrastructure industries. The investors in this funding round include Macquarie Capital, Nasdaq Ventures, Our Innovation Fund, and UST Global.
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XM Cyber Awarded as "Technology Pioneer" by World Economic Forum
XM Cyber has been selected as one of the World Economic Forums Technology Pioneers. The companys platform, HaXM, provides automated APT simulation and remediation to continuously expose attack vectors and prioritize actionable remediation of security gaps. XM Cybers selection as a Technology Pioneer highlights the relevance of their Automated Purple Team approach in the cyber ecosystem. The Technology Pioneers community consists of early-stage companies involved in the design, development, and deployment of new technologies and innovations. XM Cyber was founded by top executives from Israels cyber intelligence community and has offices in the US, Israel, and Australia.
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XM Cyber Takes Home Excellence Award for "Rookie Security Company of the Year" at SC Awards 2018
XM Cyber, a cybersecurity firm founded by executives from the Israeli Intelligence Community, has won the Excellence Award in the Rookie Security Company of the Year category at the 2018 SC Awards. The companys automated Advanced Persistent Threat (APT) simulation platform continuously exposes all attack vectors, providing a 24/7 loop of automated red teaming. The award, along with positive customer results, highlights the relevance of an automated purple team and the need for enterprises to have a constant view of which critical assets are at risk.
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Startup Founded by Former Mossad Director Unveils Hacking Simulator
XM Cyber Unveils First Automated APT Simulation Platform to Continuously Expose All Attack Vectors and Prioritize Actionable Remediation
XM Cyber has unveiled HaXM, the first fully automated APT simulation platform. HaXM continuously exposes all attack vectors and provides actionable remediation of security gaps. The platform combines red team and blue team processes to stay ahead of hackers. Already deployed by customers in North America and EMEA, HaXM has uncovered hidden attack vectors and improved the security posture of organizations. XM Cyber was founded by top executives from the Israeli cyber intelligence community and has raised $15M in funding. The company will demonstrate HaXM at the RSA Conference in April 2018.
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