Threat intelligence sharing and cyber fusion firm Cyware has raised $3 million in seed funding led by Emerald Development Managers. The money will be used to develop the firm’s national and international presence, and enhance existing products.
Cyware was founded in 2016 by Anuj Goel (CEO, and a senior advisor at the Center for Strategic Cyberspace and Security Science, CSCSS) and Akshat Jain (CTO, and formerly director at Oracle Enterprise Manager), and is headquartered in New York, U.S.A. Its stated mission is to help companies “adopt a proactive approach towards cybersecurity through strategic and tactical threat intelligence sharing, and cyber fusion analysis.”
“Threat response solutions have traditionally focused on the attack at hand, without giving much thought to other key aspects of threat information available that would allow an organization to turn an attack on its head. The barometer of responding to attacks has changed and focusing on attacker’s tactics, malware, and vulnerabilities is equally critical,” explains Goel. “Knowledge is power, and our enterprise product line has successfully broken down the barriers in automated threat intelligence sharing and threat response to promote a proactive, collaborative response to cyber-attacks.”
Cyware’s products include cyber fusion and threat response (CFTR), threat intelligence exchange (CTIX), and a situational awareness platform (CSAP).
CFTR, says the firm, “serves as a ‘Cyber Fusion Center-in-a-box’ making it possible for organizations to afford their own in-house dedicated Cyber Fusion Center.” It collects and collates data from the existing security infrastructure allowing rapid threat detection, analysis and response. “Above all,” says the firm in an associated blog, “CFTR’s bi-directional integrations with existing tools and automated implementation of defensive measures allow organizations to respond at machine speeds.”
Threat hunting — that is, actively seeking threats that have not yet been detected — is supported by CFTR mapping threat indicators to the adversary tactics, techniques, and procedures (TTPs) in the Mitre ATT&CK Heat Map.
CTIX is a threat intelligence platform that ingests intelligence, enriches it, and provides AI-based analysis. It allows, says Cyware, “real-time sharing of threat indicators both internally and externally with peers, clients, and third-party suppliers within your trusted network.”
CSAP is a mobile sharing platform that delivers security alerts and crisis notifications to employees based on their role, location and business alignment.
Since its foundation, Cyware has gained clients with Fortune 500 organizations, financial services, healthcare, energy and retail organizations.
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