The Good Tech Companies - SpyCloud Pioneers The Shift To Holistic Identity Threat Protection

Episode Date: February 4, 2025

This story was originally published on HackerNoon at: https://hackernoon.com/spycloud-pioneers-the-shift-to-holistic-identity-threat-protection. A shift to an identity-c...entric perspective is needed, particularly as the scope of identity exposures continues to grow Check more stories related to cybersecurity at: https://hackernoon.com/c/cybersecurity. You can also check exclusive content about #cybersecurity, #spycloud, #cybernewswire, #press-release, #spycloud-announcement, #cyber-threats, #cyber-security-awareness, #good-company, and more. This story was written by: @cybernewswire. Learn more about this writer by checking @cybernewswire's about page, and for more stories, please visit hackernoon.com. SpyCloud’s Identity Threat Protection solutions spearhead a holistic identity approach to security. SpyCloud uncovers hidden relationships across seemingly unrelated accounts, continuously and at scale. Nearly a quarter of data breaches resulted from compromised identity data.

Transcript
Discussion (0)
Starting point is 00:00:00 This audio is presented by Hacker Noon, where anyone can learn anything about any technology. SpyCloud pioneers the shift to holistic identity threat protection. By Cyber Newswire, Austin, Texas, USA, February 4, 2025, Cyber Newswire, SpyCloud's identity threat protection solutions spearhead a holistic identity approach to security, illuminating correlated hidden identity exposures and facilitating fast, automated remediation. SpyCloud, a leading identity threat protection company, announced key innovations in its portfolio, pioneering the shift to holistic identity threat protection. By operationalizing its vast collection of darknet data with automated identity
Starting point is 00:00:41 analytics that correlate malware, phishing, and breach exposures across individuals' past and present work and personal personas, SpyCloud enables security and fraud prevention teams to comprehensively uncover hidden identity assets, rapidly remediate exposures, and better protect their businesses from previously unseen threats. Identity security vendors have focused narrowly on securing corporate accounts, leaving organizations vulnerable to cybercriminals exploiting the broader identity exposures of employees, consumers, and suppliers. A shift to an identity-centric perspective is needed, particularly as the scope of identity exposures continues to grow.
Starting point is 00:01:19 SpyCloud research reveals that the average individual has as many as 52 unique usernames, emails, and 221 passwords exposed on the darknet across their online personal and professional identities. The impact of these exposures is evident. Nearly a quarter of data breaches resulted from compromised identity data. Credential attacks led to $4.81 million related costs per breach and took the longest to identify and contain. SpyCloud's holistic identity threat protection addresses these challenges by encompassing the full spectrum of an individual's online presence. This innovative approach empowers security teams
Starting point is 00:01:56 to proactively protect against previously unseen risks, including the darknet exposures of identity and authentication data stolen about employees, consumers, and suppliers that have been beyond their visibility to date. Greater than, the cybersecurity industry has spent years and billions of dollars securing greater-than accounts, but criminals have moved far beyond account-level access, said Ted Ross, SpyCloud's CEO and co-founder. The dirty secret of the identity greater-than security industry is that efforts to lock down the perimeter fail because they greater than focus on accounts, while bad actors target the full scope of users' holistic greater than identities. These sprawling identities, exposed
Starting point is 00:02:35 through breaches, infastealer greater than infections, and phishing attacks, create shadow data that traditional tools greater than simply can't address. Greater than ROS continued, SpyCloud changes the dynamic by providing unmatched greater than visibility into the same data criminals are exploiting, enabling organizations greater than to remediate exposures across the entirety of users' online personas. This greater than shifts the advantage back to security leaders, empowering them to act on greater than threats that were previously beyond their reach. Greater-than-greater-than key innovations underpinning SpyCloud's holistic identity threat protection refined analytics driving actionability on exposed identities. SpyCloud applies advanced data science and proprietary technology to
Starting point is 00:03:19 dynamically correlate billions of recaptured darknet data points, providing a broader and more accurate view of identities. By connecting authentication data, financial data, and personally identifiable information, P.E., SpyCloud uncovers hidden relationships across seemingly unrelated accounts, continuously and at scale. Automated remediation in less than 15 minutes, SpyCloud's holistic identity portfolio now enables rapid, automated remediation within enterprise security ecosystems, including EDR, IDP, SOAR, and SIEM tools. This allows security teams to neutralize threats in less than 15 minutes of discovery, reducing risk without straining resources or operational bandwidth. Malware reverse engineering to combat ransomware. SpyCloud specializes in the
Starting point is 00:04:06 tracking and analyzing of malware, with deep insights into pervasive info stealers such as LumaC2, Redline Stealer, Vidar, and more, as they are often a precursor to ransomware. Through its advanced malware reverse analysis, SpyCloud provides comprehensive visibility into malware-exposed data, helping organizations identify compromised devices, users, and applications and closes critical security gaps, including those stemming from unmanaged or under-managed devices used by employees, contractors, and vendors. Accelerated Cybercrime Investigations SpyCloud's investigation solution, used by Cyber threat intelligence, CTI, teams, security
Starting point is 00:04:46 operations, fraud and risk prevention analysts, and law enforcement globally, includes automated identity analytics to uncover the full scope of digital identity exposures, accelerating complex cybercrime investigations into threat actor attribution, insider risk, including potential hiring fraud, and supply chain risk analysis from days or hours to minutes. SpyCloud's capabilities set a new standard for identity security. SpyCloud could be uniquely positioned to champion the transition to holistic identity security, backed by nearly a decade of experience in the industry's largest repository of recaptured breach, malware exfiltrated, and successfully phished data.
Starting point is 00:05:29 Its holistic identity lens reveals a comprehensive view of exposed identity information, from credentials and PE to financial data and sensitive digital artifacts. Greater than, SpyCloud's innovative identity threat protection is about as important as it greater than gets in cyber. Identity is everything, said John N. Stewart, SpyCloud board member and former chief security and trust officer of Cisco. Greater than, by making it possible to view and act on the world's best source for identity greater than exposures, SpyCloud raised the bar to the top for proactive defense against greater than all types of identity-driven cyber exploitation. We are redefining identity greater than security by making holistic protection practical and achievable for our greater than customers, added Damon Flurry,
Starting point is 00:06:10 SpyCloud's chief product officer. Greater than, SpyCloud has a long history of leading the way in understanding the greater than cybercrime ecosystem, from our early days in world-class auto prevention to greater than continuing to build solutions that empower organizations to proactively greater than protect against threats stemming from infasteel or malware phished and breach greater than data greater than flurry continued this evolution to make holistic identity threat protection greater than a reality for enterprises is critical to our mission of disrupting cybercrime greater than we aim to stop identity-based threats once and for all. To learn more, users can contact SpyCloud or view the following resources. The Holistic Identity Frontier. Why shift from account-centric security to holistic identity threat protection? Stop identity-based cybercrimes once and for all.
Starting point is 00:07:00 About SPY Cloud SpyCloud transforms recaptured darknet data to disrupt cybercrime. Its automated holistic identity threat protection solutions leverage advanced analytics to proactively prevent ransomware and account takeover, safeguard employee and consumer accounts, and accelerate cybercrime investigations. SpyCloud's data from breaches, malware-infected devices, and successful phishisalso powers many popular dark web monitoring and identity theft protection offerings. Customers include seven of the Fortune 10, along with hundreds of global enterprises, mid-sized companies, and government agencies worldwide. Headquartered in Austin, Texas, SpyCloud is home to more than 200 cybersecurity
Starting point is 00:07:41 experts whose mission is to protect businesses and consumers from the stolen identity data criminals are using to target them now. To learn more and see insights, users can visit spycloud.com, contact public relations Emily Brown REQ on behalf of SpyCloud Brown at Rec.co. Tip this story was distributed as a release by Chainwire under HackerNoons Business Blogging program. Learn more about the program here. Thank you for listening to this HackerNoon story, read by Artificial Intelligence. Visit HackerNoon.com to read, write, learn and publish.

There aren't comments yet for this episode. Click on any sentence in the transcript to leave a comment.