HPE NonStop Security Provider XYPRO Granted Patent for Contextualizing Multiple Security Events
May. 15, 2018
LOS ANGELES--(BUSINESS WIRE)--May 15, 2018--XYPRO Technology Corporation ("XYPRO"), a leading provider of HPE NonStop Security, Risk Management, Compliance and Database solutions announced today that the United States Patent and Trademark Office has issued US Patent 9,948,678, titled Method and System for Gathering and Contextualizing Multiple Security Events. The patent covers the aggregating, correlating and contextualizing of disparate and unrelated security and system events. This proprietary technology is intended to provide faster detection of suspicious activity by intelligently combining security and non-security-related data while applying a layer of context which makes the newly enriched data much more insightful and actionable.
“We are pleased that the US Patent Office recognized the innovative achievement of XYPRO,” said CEO Lisa Partridge. “Our method aggregates and correlates multiple data sources, including those not traditionally used for security monitoring. Our clients in banking, finance, telecom, retail, manufacturing and other critical sectors will find this new technology paramount in risk mitigation.” XYPRO’s patented method uses sources such as file metadata, system data and application data and applies a layer of platform and application specific context to determine if the newly created data is an actionable threat or not. The applied context can come from either a security context event map or from a machine learning algorithm generated by profiling the system over time to determine what context is normal for the given platform or application.
“Traditional risk and threat detection methods are no longer sustainable,” said Steve Tcherchian, XYPRO’s CISO and Director of Product. “Even with recent security advancements, the average time to detect a breach is still unacceptable at well over 100 days. We need to expand the data points used in order to identify suspicious activity more rapidly. By coupling data not typically used in security incident detection with security-related data, we have created a new type of enriched data that didn’t previously exist. Applying context to this newly formed data can detect security incidents that may have otherwise gone unnoticed.”
The market for security intelligence and analytics solutions is large and growing. Analyst reports indicate that the global market for threat intelligence will reach USD$9 billion by 2022, with a CAGR of 15% through the same period.
With the issuance of this patent, XYPRO expands its footprint in the security intelligence and analytics space, leveraging this technology for computing platforms and markets in addition to the HPE NonStop server market.
About XYPRO Technology Corporation
XYPRO offers 35 years of expertise, experience and success in providing Mission Critical HPE NonStop information systems Security, Compliance and Database solutions. Mission Critical computing allows us to securely shop, bank, manage our finances and stock portfolios, wire money and transact with credit cards, mobile phones and all types of newer tech innovations. At the heart of these activities is the digital core where data resides - moving, talking, transacting, doing what data does. XYPRO believes that no data is more important than our customers’ data and we protect their data like it’s our own. Because it is.
For more information visit www.xypro.com.
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CONTACT: XYPRO Technology Corporation
Casey Krasner, +1-805-583-2874
KEYWORD: UNITED KINGDOM UNITED STATES EUROPE NORTH AMERICA CALIFORNIA IRELAND
INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT SOFTWARE SECURITY PROFESSIONAL SERVICES FINANCE
SOURCE: XYPRO Technology Corporation
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PUB: 05/15/2018 08:30 AM/DISC: 05/15/2018 08:31 AM