The Era of Prevention-only Security is Over

By Feris Rifai at 7/23/2014 5:04 PM
Filed Under: Context, IT Analytics, Risk Fabric, Risk Management

I recently participated in a panel at the Gartner Security & Risk Management Summit: “Security Startups: Leading the Way to Success.” As panelists, it was important for us to address the current state of IT security tools and market dynamics, in order to talk about the path to success in today’s crowded market.  As the conversation started, it was clear that the Era of Prevention-only Security is over and this gave way to multiple, large investments in monitoring and detection solutions.

 

Security teams are drowning in false positives as they deal with a barrage of information coming from siloed security tools, trying to manually piece things together by hopping from solution to solution and ultimately leading to a lack of confidence in the data. Today, enterprises need to align their data and provide context through behavior analysis – so security practitioners and investigators have a clear focus.

 

As we look at innovations in the security industry and the path to success, it’s becoming increasingly clear that IT security teams need tools to help them focus on what’s important. 


And that’s where Bay Dynamics steps in. With Risk Fabric, we deliver superior context – leveraging real user behavior and data from our clients’ point solutions – to enable IT security teams to prioritize their actions for faster remediation.

 

If you are struggling with a siloed approach to IT security and going crazy with the  data your point solutions produce, contact us and we can talk more about how to bring sanity – through  context –back to your IT security team. 

 

 

New Funding Fuels Growth and Innovation

By Feris Rifai at 7/15/2014 9:49 AM
Filed Under: Big Data, Big Data Analytics, Context, Risk Fabric, Security Analytics

In a world where cyber attacks grow and evolve on a daily basis, we know it is critical for Bay Dynamics to be innovative and constantly expand our knowledge and offering to meet the security needs of our clients.

 

Today, we are thrilled to announce we raised $8 million in Series A funding from Comcast Ventures, the venture capital affiliate of Comcast Corporation. We have established an amazing track record of working with customers to improve their security efforts and this is the next step in solidifying our position as the dominant security intelligence vendor and accelerating the innovation behind Risk Fabric.  


We work with customers around the world to help manage the deluge of information/data that is delivered through their point solutions (which can often exceed 100 tools!) Rooted in a rich history of IT and infosec analytics, Risk Fabric is a next generation solution that delivers superior context – leveraging real user behavior and data from our clients’ point solutions – to enable IT security teams to orchestrate coordinated responses for faster remediation.

 

Once they start working with us, our customers see a significant reduction in alerts, which helps reduce overhead and improve protection.  Then, they start finding new solutions to integrate and new opportunities for us to improve their security operations.  This funding will enable us to not only extend our lead, but continue to scale and innovate to address growing customer needs. 


The future is bright and we’d love for you to be part of the journey.  Please contact us and we can work together to break security silos and integrate better intelligence, to quickly and  effectively assess risk and take action.

 

Let’s Celebrate

By Feris Rifai at 7/2/2014 12:34 PM
Filed Under:

As we head into Independence Day, we have much to celebrate. Not only is the U.S. celebrating its 238th birthday, but Bay Dynamics is coming off of a great week at the Gartner Security & Risk Management Summit (I’ll have more about that in a future post) and we just won a 2014 Hot Companies and Best Products Award from Network Products Guide

 

Risk Fabric was honored by the industry for a second time this year, and recognized in the “Information Security and Risk Management” category. Risk Fabric analyzes, baselines and rates the risk associated with each employee based on their activities, behaviors and the access they possess across organizations. It then uses this information to provide security teams throughout the enterprise with a superior level of context to help filter and prioritize alerts.

 

This award shines a spotlight on the growing need to provide visibility and context across multiple, security-tool silos to empower IT teams to take swift, corrective action against the most critical threats. 

 

While we are excited to share the news of the awards we receive for Risk Fabric, our true reward comes from working with enterprises to help them identify risks and potential security events. So, we wish you a great holiday weekend and once you get back, contact us, and we will discuss how we can help make your protection efforts smarter and faster. 

 

Happy 4th of July!