AP NEWS

RANK Software Delivers New Capabilities to Hunt for Cyber Attacks in Real-Time

October 2, 2018

TORONTO, Oct. 02, 2018 (GLOBE NEWSWIRE) -- RANK Software today announced new capabilities including support for third-party tools, techniques and procedures, to detect and prevent malicious attacks and security threats faster. Available in the latest version of Virtual Advisor to Security Analysts (VASA), its AI-based threat detection platform, these new capabilities allow businesses to embrace a proactive approach to hunting for cyber attacks.

VASA helps identify and prevent security threats in real-time by ingesting data from network sources and identifying anomalies for security analysts to review. Over time, the VASA platform improves the accuracy and efficiency of detecting potential threats based on how security analysts have processed previously identified anomalies.

The integration of Mitre’s Cyber Analytic Repository (CARs) and open source Sigma project dramatically increases the speed at which typical attacks are identified and prevented. CARs includes a growing list of known threat and malicious techniques previously observed on other enterprise networks. Sigma consists of a set of open source tools to help security analysts develop and share custom threat detection methods. Once developed, these methods and tools are shared across the community for everyone’s benefit.

The new enhancements to RANK’s VASA platform update users with CARs and Sigma information to provide immediate benefit to security analysts by eliminating the need to manually develop the means to identify and prevent known types of attacks.

Major enterprises in a range of industries use VASA to detect threats and other cyber attacks that previously went undetected by other offerings.

Security analysts at one of the world’s largest provider of mobile, broadband, and TV telecommunication services, were allocating too many resources validating false positive security threats. Now, with VASA, security analysts spend time proactively looking for – and finding – new threats, which included DNS attacks originating from internal use of a browser based BitTorrent client that went unnoticed by previous security measures.

A global IT solutions and services provider based in Mumbai, selected VASA for real-time threat hunting capabilities across its worldwide network. Left unnoticed by previous security solutions, VASA was able to detect the source of very specific malware -- a desktop computer connected to the network that was not currently in use by anyone -- negatively impacting its network.

“CISOs are facing tough questions from their boards about whether their business is resilient enough to manage the increasing number of cybersecurity threats they are facing,” said Rick Costanzo, CEO, RANK Software. “Staying ahead of the next attack requires moving from a reactive to proactive security posture. RANK Software lowers the risk of a successful cyber attack by monitoring for threats in real-time, as they develop, and allowing businesses to take action immediately.”

According to a recent report from IBM, the financial impact of an average security breach results in $3.86 million in damages. Yet with more than 230,000 new malware attacks launched every day and a 2.1 million shortage of trained security professionals, security analysts are stretched thin, reacting and responding to threats weeks or months after the fact.

By combining data enrichment, contextualization, behavior-based anomaly detection and active learning, RANK Software gives security teams the ability to zero in on credible threats, assemble the story about a cyber attack and take action - as it happens.

RANK Software identifies internal and unknown threats commonly missed today by perimeter defence systems and manages the growing number of false positives. VASA addresses these challenges through:

-- Active Learning.RANK Software helps reduce the false positives generated by most AI tools by recoding analyst feedback and allowing them to apply an action to similar alerts. This makes the VASA platform smarter over time allowing security analysts to become more efficient. -- Enterprise Scale. RANK Software ingests data from over 40 sources out of the box including System Network Traffic and End Point log files. It is capable of handling more than 1 billion events a day at 10+ gigabits per second -- Contextualization. RANK Software builds on the results of AI, machine learning, and behavioral analytics by making the data more consumable and understanding risk thresholds based on context. This helps assemble and interpret the signals needed to hunt and assess threats faster and with high precision. -- Flexible Architecture.On the cloud or on-premise, RANK Software provides unparalleled context and visibility into potential breaches.

About RANK SoftwareRANK Software is a leader in security intelligence and analytics. The company’s first product, VASA, is an AI-based threat detection platform that helps enterprises identify and analyze cybersecurity threats in real time, allowing them to take a proactive security posture in the rapidly changing cyber threat landscape. For more information, please visit www.ranksoftwareinc.com.

Media ContactJeff GadwayGalvanize Worldwide jeff@galvanizeworldwide.com 519-500-1035

AP RADIO
Update hourly