{"id":7085,"date":"2024-08-09T09:30:28","date_gmt":"2024-08-09T13:30:28","guid":{"rendered":"https:\/\/solutionsreview.com\/identity-management\/?p=7085"},"modified":"2024-08-09T09:31:26","modified_gmt":"2024-08-09T13:31:26","slug":"identity-management-and-information-security-news-for-the-week-of-august-9-balbix-elastic-critical-start-and-more","status":"publish","type":"post","link":"https:\/\/solutionsreview.com\/identity-management\/identity-management-and-information-security-news-for-the-week-of-august-9-balbix-elastic-critical-start-and-more\/","title":{"rendered":"Identity Management and Information Security News for the Week of August 9; Balbix, Elastic, Critical Start, and More"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-7086\" src=\"https:\/\/solutionsreview.com\/identity-management\/files\/2024\/08\/oie_8213344PSxfB6Iu.jpg\" alt=\"Identity Management and Information Security News for the Week of August 9\" width=\"800\" height=\"400\" srcset=\"https:\/\/solutionsreview.com\/identity-management\/files\/2024\/08\/oie_8213344PSxfB6Iu.jpg 800w, https:\/\/solutionsreview.com\/identity-management\/files\/2024\/08\/oie_8213344PSxfB6Iu-300x150.jpg 300w, https:\/\/solutionsreview.com\/identity-management\/files\/2024\/08\/oie_8213344PSxfB6Iu-768x384.jpg 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/p>\n<p><em><strong>The editors at Solutions Review have curated this list of the most noteworthy identity management and information security news for the week of August 9. This curated list features identity management and information security vendors such as <a href=\"https:\/\/www.balbix.com\/\" target=\"_blank\" rel=\"noopener\">Balbix<\/a>, <a href=\"https:\/\/www.elastic.co\/\" target=\"_blank\" rel=\"noopener\">Elastic<\/a>, <a href=\"https:\/\/www.criticalstart.com\/\" target=\"_blank\" rel=\"noopener\">Critical Start<\/a>,\u00a0<\/strong><\/em><em><strong>and more.<\/strong><\/em><\/p>\n<div class=\"calcalistArticleHeader_title\">\n<p>Keeping tabs on all the most relevant identity management and information security news can be a time-consuming task. As a result, our editorial team aims to provide a summary of the top headlines from the last month, in this space. Solutions Review editors will curate vendor product news, mergers and acquisitions, venture capital funding, talent acquisition, and other noteworthy identity management and information security news items.<\/p>\n<h2><strong>Identity Management and Information Security News for the Week of August 9<\/strong><\/h2>\n<hr \/>\n<h3><strong>Personal Data of 3 Billion People Stolen in Hack, Suit Says<\/strong><\/h3>\n<p>Jerico Pictures Inc., a background-check company doing business as National Public Data, exposed the personal information of nearly 3 billion individuals in an April data breach, a proposed class action says. On April 8, a cybercriminal group by the name of US DoD posted a database entitled \u201cNational Public Data\u201d on a dark web forum, claiming to have the personal data of 2.9 billion people, according to the complaint filed Thursday in the US District Court for the Southern District of Florida, which said the group put the database up for sale for $3.5 million. If confirmed, the breach could be among the biggest ever, in terms of the number of individuals affected.<\/p>\n<p><a href=\"https:\/\/news.bloomberglaw.com\/privacy-and-data-security\/background-check-data-of-3-billion-stolen-in-breach-suit-says\" target=\"_blank\" rel=\"noopener\">Read on for more.<\/a><\/p>\n<h3><strong>IBM Introduces Generative AI-Powered Cyber Assistant for Threat Detection and Response Services<\/strong><\/h3>\n<p>This week, industry titan IBM announced the introduction of generative AI capabilities to its managed Threat Detection and Response Services utilized by IBM Consulting analysts to advance and streamline security operations for clients. Built on IBM&#8217;s watsonx data and AI platform, the new <em>IBM Consulting Cybersecurity Assistant<\/em> is designed to accelerate and improve the identification, investigation and response to critical security threats. &#8220;As cyber incidents evolve from immediate crises to multi-dimensional and months-long events, security teams are facing the enduring challenge of too many attacks and not enough time or people to defend against them,&#8221; said Mark Hughes, Global Managing Partner of Cybersecurity Services, IBM Consulting. &#8220;By enhancing our Threat Detection and Response services with generative AI, we can reduce manual investigations and operational tasks for security analysts, empowering them to respond more proactively and precisely to critical threats, and helping to improve overall security posture for clients.&#8221;<\/p>\n<p><a href=\"https:\/\/www.prnewswire.com\/news-releases\/ibm-introduces-new-generative-ai-powered-cybersecurity-assistant-for-threat-detection-and-response-services-302213940.html\" target=\"_blank\" rel=\"noopener\">Read on for more.<\/a><\/p>\n<h3><strong>Balbix Introduces\u00a0GenAI-Powered Assistant for Cyber Risk and Exposure Management<\/strong><\/h3>\n<p>This week, Balbix, a Cyber Risk and Exposure Management platform, introduced its <em>BIX<\/em> conversational AI assistant at Blackhat USA 2024. The BIX AI assistant is already in use at many Fortune 1000 companies as part of an early access program. &#8220;Cybersecurity is inherently complex, demanding not only extensive automation but also simplification and streamlined communication,&#8221; stated Gaurav Banga, founder and CEO of Balbix. &#8220;Until now, Balbix has used AI primarily for computational tasks in cyber risk management. We are pioneering its use to demystify the complexities of cyber risk for all stakeholders and enhance communication between them. This release of BIX is a step forward in managing risk and exposures more effectively. It marks a significant development in our ability to be proactive, rather than reactive, in our cybersecurity efforts.&#8221;<\/p>\n<p><a href=\"https:\/\/www.prnewswire.com\/news-releases\/balbix-unveils-bix-the-industrys-first-genai-powered-assistant-for-cyber-risk-and-exposure-management-302215672.html?tc=eml_cleartime\" target=\"_blank\" rel=\"noopener\">Read on for more.<\/a><\/p>\n<h3><strong>Beyond Identity Launches RealityCheck, an Identity Assurance Plugin for Zoom<\/strong><\/h3>\n<p>Beyond Identity, a leading provider of identity and access management (IAM) solutions, this week announced the release of <em>RealityCheck<\/em>, an identity assurance plugin for Zoom Video Communications, Inc. Beyond Identity&#8217;s new solution protects organizations from AI deception, such as impersonation attacks and deepfakes, by certifying the authenticity of call participants using <em>Authenticator Assurance Level 3 (AAL3)<\/em> authentication combined with device security verification. Zoom is only the first application of RealityCheck as Beyond Identity seeks to deliver additional value to security-oriented customers for use cases requiring attestations of authenticity assurance. The technology will further apply to other communication applications including email and chat in the future.<\/p>\n<p><a href=\"https:\/\/www.prnewswire.com\/news-releases\/beyond-identity-launches-realitycheck-to-address-ai-deception-within-digital-communication-302213691.html\" target=\"_blank\" rel=\"noopener\">Read on for more.<\/a><\/p>\n<h3><strong>LevelBlue Report: <em>LevelBlue Accelerator: C-Suite Cyber Resilience Responsibilities<\/em><\/strong><\/h3>\n<p>LevelBlue, a leading provider of managed security services, strategic consulting, and threat intelligence, this week released the <em>LevelBlue Accelerator: C-Suite Cyber Resilience Responsibilities<\/em>, an analysis of C-level executives who are responsible for cyber resilience with their organizations. The Accelerator is an in-depth look into data from the 2024 LevelBlue Futures Report, analyzing the dynamics among C-suite executives to better understand issues that prevent risk reduction, stall or complicate compliance, and create barriers to cyber resilience. \u201cUnderstanding the C-suite\u2019s business priorities is critical for shaping effective cybersecurity strategies,\u201d said Theresa Lanowitz, Chief Evangelist of LevelBlue. \u201cIdentifying how these essential roles look at the business helps to ensure alignment among CIOs, CTOs, and CISOs, as well as the teams that report into them. It\u2019s a key first step towards bolstering cyber defenses, especially with the CEO and Board support.\u201d<\/p>\n<p><a href=\"https:\/\/www.businesswire.com\/news\/home\/20240807298508\/en\/LevelBlue-Finds-CISOs-Challenged-Most-by-Cybersecurity-Tradeoffs-AI-Implementation-Pressures-and-Reactive-Budgets-Compared-to-C-Suite-Peers\" target=\"_blank\" rel=\"noopener\">Read on for more.<\/a><\/p>\n<h3><strong>Elastic Launches <em>Express Migration<\/em> for Legacy SIEM Users<\/strong><\/h3>\n<p>This week, cybersecurity solutions leader Elastic, announced <em>Elastic Express Migration<\/em>, a new incentive program that provides an &#8220;accelerated path for organizations to migrate away from legacy SIEM vendors and adopt Elastic\u2019s AI capabilities quickly and efficiently.&#8221; The program\u2019s two key incentives build on Elastic\u2019s simple consumption-based pricing model, with migration credits to mitigate dual-vendor costs during transition plus service credits that can be applied towards Elastic\u2019s migration professional services. \u201cMigrating a SIEM or log analytics solution has typically been very painful, and this is often why most organizations stay on outdated technology,\u201d said Santosh Krishnan, general manager of Security at Elastic . \u201cToday, we\u2019re easing migration for organizations looking to move away from their existing solutions with Elastic Automatic Import and the Elastic Express Migration program.\u201d<\/p>\n<p><a href=\"https:\/\/ir.elastic.co\/news\/news-details\/2024\/Elastic-Launches-Express-Migration-for-Legacy-SIEM-Users\/default.aspx\" target=\"_blank\" rel=\"noopener\">Read on for more.<\/a><\/p>\n<h3><strong>Trend Micro Adds Protection from Deepfakes and AI-based Cyber-attacks to Platform<\/strong><\/h3>\n<p>Trend Micro, a leader in cybersecurity solutions, this week announced new innovations in its enterprise platform and consumer cybersecurity products focused on protecting all environments from the rapidly growing threat of AI-based attacks and fraud. Kevin Simzer, COO at Trend, noted, &#8220;Our latest research reveals several new deepfake tools that make it easy for cyber-criminals at all skill levels to launch damaging scams, social engineering, and security bypass attempts. We are leading the industry in fighting back for both our enterprise and consumer customers with new capabilities to detect deepfakes and other forms of AI fraud. Like past shifts in the threat and IT landscape, we&#8217;ve seen the challenge of securing AI and risen to it.&#8221;<\/p>\n<p><a href=\"https:\/\/www.prnewswire.com\/news-releases\/trend-micro-stops-deepfakes-and-ai-based-cyberattacks-for-consumers-and-enterprises-302209087.html\" target=\"_blank\" rel=\"noopener\">Read on for more.<\/a><\/p>\n<h3><strong>Critical Start Unveils <em>Cyber Range<\/em>: A New Platform for Cybersecurity Training and Evaluation<\/strong><\/h3>\n<p>Critical Start, a Managed Detection and Response (MDR) cybersecurity solutions provider, this week announced the launch of the <em>Critical Start Cyber Range<\/em>. Critical Start Cyber Range is a virtual environment that simulates real-world cyber threats and scenarios curated from thousands of real-world attacks identified and stopped by the Critical Start MDR security operations team. This capability allows organizations to train their cybersecurity teams on the MDR service user interface, test new security products as organization migrate to new cybersecurity vendors, and evaluate their overall cyber readiness without risking their actual infrastructure. &#8220;In today&#8217;s rapidly evolving threat landscape, organizations need a safe space to hone their cybersecurity skills and test their defenses,&#8221; said Chris Carlson, Chief Product Officer at Critical Start. &#8220;Our Cyber Range provides that environment, enabling companies to move beyond simple demonstrations to hands-on, realistic scenarios that truly prepare them for real-world cyber challenges.&#8221;<\/p>\n<p><a href=\"https:\/\/www.prnewswire.com\/news-releases\/critical-start-unveils-cyber-range-a-new-approach-for-cybersecurity-training-and-evaluation-curated-from-thousands-of-real-world-cyber-attacks-302216154.html?tc=eml_cleartime\" target=\"_blank\" rel=\"noopener\">Read on for more.<\/a><\/p>\n<hr \/>\n<h3><strong>Expert Insights Section<\/strong><\/h3>\n<p><span class=\"ui-provider bmn bmo bmp bmq bmr bms bmt bmu bmv bmw bmx bmy bmz bna bnb bnc bnd bne bnf bng bnh bni bnj bnk bnl bnm bnn bno bnp bnq bnr bns bnt bnu bnv\" dir=\"ltr\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-5800\" src=\"https:\/\/solutionsreview.com\/network-monitoring\/files\/2023\/11\/insightjam_logo.jpg\" sizes=\"(max-width: 100px) 100vw, 100px\" srcset=\"https:\/\/solutionsreview.com\/network-monitoring\/files\/2023\/11\/insightjam_logo.jpg 100w, https:\/\/solutionsreview.com\/network-monitoring\/files\/2023\/11\/insightjam_logo-60x60.jpg 60w\" alt=\"Insight Jam logo\" width=\"90\" height=\"90\" \/>Watch this space each week as our editors will share upcoming events, new thought leadership, and the best resources from\u00a0<i>Insight Jam<\/i>, Solutions Review\u2019s\u00a0<a class=\"fui-Link ___10kug0w f3rmtva f1ewtqcl fyind8e f1k6fduh f1w7gpdv fk6fouc fjoy568 figsok6 f1hu3pq6 f11qmguv f19f4twv f1tyq0we f1g0x7ka fhxju0i f1qch9an f1cnd47f fqv5qza f1vmzxwi f1o700av f13mvf36 f1cmlufx f9n3di6 f1ids18y f1tx3yz7 f1deo86v f1eh06m1 f1iescvh fhgqx19 f1olyrje f1p93eir f1nev41a f1h8hb77 f1lqvz6u f10aw75t fsle3fq f17ae5zn external\" title=\"https:\/\/insightjam.com\/share\/8qpqn88mnqikpnxu?utm_source=manual\" href=\"https:\/\/insightjam.com\/share\/8qpQN88MnQiKPNXU?utm_source=manual\" target=\"_blank\" rel=\"noreferrer noopener nofollow\" aria-label=\"Link enterprise tech community for business software pros\"><strong><u>enterprise tech community for business software pros<\/u><\/strong><\/a>. The goal? To help you gain a forward-thinking analysis and remain on-trend through expert advice, best practices, trends and predictions, and vendor-neutral software evaluation tools.<\/span><\/p>\n<h3><strong>Simulated Cyber-attacks: How Tabletop Exercises Enhance Security Preparedness<\/strong><\/h3>\n<p><em>Mark Cunningham-Dickie of Quorum Cyber rolls for initiative in a discussion on how tabletop exercises can enhance your cybersecurity strategy.<\/em> The criminal world of the cyber hacker has evolved with sinister sophistication. Today\u2019s cyber-criminal works in a multi-tiered business structure, costing an average of $4.45 million due to data breaches in 2023. In 2020, the U.S. suffered 46 percent of the global breaches, more than double any other country. IT departments must explain to those controlling budgets that these ever-more sophisticated attacks have operational and business risks. With hackers employing access brokers who search for targets, developers who constantly evolve the tech, and individuals who purchase the stolen data, the need to invest in equally sophisticated cybersecurity is imperative. There is no stopping the efforts of these threat actors. Attack surfaces will be expanded, and additional operating system architectures like macOS and Linux will be targeted. Ransomware perpetrators will likely use triple and quadruple extortion strategies that put significant pressure on those attacked, improving their success rates. A recent alliance of forty countries culminating in an agreement not to pay ransoms to cyber-criminals will probably result in even more aggressive extortion tactics. To mitigate the risk of ransomware, the best defense against bad actors remains vigilance, preparedness, and planning.<\/p>\n<p><a href=\"https:\/\/solutionsreview.com\/security-information-event-management\/simulated-cyber-attacks-how-tabletop-exercises-enhance-security-preparedness\/\" target=\"_blank\" rel=\"noopener\">Read on for more.<\/a><\/p>\n<p>&nbsp;<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The editors at Solutions Review have curated this list of the most noteworthy identity management and information security news for the week of August 9. This curated list features identity management and information security vendors such as Balbix, Elastic, Critical Start,\u00a0and more. Keeping tabs on all the most relevant identity management and information security news [&hellip;]<\/p>\n","protected":false},"author":192,"featured_media":7086,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[6,1,2263],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Identity Management and Information Security News for the Week of August 9; Balbix, Elastic, Critical Start, and More<\/title>\n<meta name=\"description\" content=\"The editors have curated this list of the most noteworthy identity management and information security news for the week of August 9.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/solutionsreview.com\/identity-management\/identity-management-and-information-security-news-for-the-week-of-august-9-balbix-elastic-critical-start-and-more\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mike Costello\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"8 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/solutionsreview.com\/identity-management\/identity-management-and-information-security-news-for-the-week-of-august-9-balbix-elastic-critical-start-and-more\/\",\"url\":\"https:\/\/solutionsreview.com\/identity-management\/identity-management-and-information-security-news-for-the-week-of-august-9-balbix-elastic-critical-start-and-more\/\",\"name\":\"Identity Management and Information Security News for the Week of August 9; 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Balbix, Elastic, Critical Start, and More"}]},{"@type":"WebSite","@id":"https:\/\/solutionsreview.com\/identity-management\/#website","url":"https:\/\/solutionsreview.com\/identity-management\/","name":"Identity and Access Management Solutions | Solutions Review","description":"Evaluating Enterprise IAM Software, Identity Governance &amp; Access Control Tools.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/solutionsreview.com\/identity-management\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/solutionsreview.com\/identity-management\/#\/schema\/person\/d2d5498a2992fea7e39be64c5f8aaa95","name":"Mike Costello","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/solutionsreview.com\/identity-management\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/3a7d3f414b185b4f220653c613c1feb2?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/3a7d3f414b185b4f220653c613c1feb2?s=96&d=mm&r=g","caption":"Mike Costello"},"description":"Mike Costello is the Content Editor for Cybersecurity at Solutions Review. His work covers Endpoint Security, Identity Management, and SIEM. He is a professionally trained writer and storyteller with a solid foundation in working in many platforms\u2014 including print, web, and video. Adaptable, he consistently finds the right voice on various topics and delivers stories that grab your attention. 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