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Should the cybersecurity world prepare for AI-based critical infrastructure attacks?

Imagining a future, in which anyone could be attacked by an intelligence beyond the means of  humans is rather scary. Perhaps that’s why AI is better imagined as another tool to support people’s work. Again, however, the combined capability of such a human actor is also of concern, especially if said actor does not have their community’s best interests in mind.

With AI becoming increasingly important, just like companies, people race to figure out how it could be used to serve their own purposes, supporting their endeavors. Specifically in the field of cybersecurity, AI can serve both a constructive, but also a destructive role, with the former meaning the support of better cyber defense, and the latter attempting to cripple said cyber defenses.

Of specific concern is the potential for cyberattacks on critical infrastructure to become more widespread. Critical infrastructure, usually considered to include power generation and electrical grid, hospitals and healthcare systems, and the global supply chain, could also include digital supply chains and the internet itself. Depending on the specific needs, resources, and development level of a nation, critical infrastructure represents all the systems, networks, and assets that are essential, with their continued operation required to ensure the security of a given state, its economy, and the public’s health or safety. As the idea behind the attacks is to weaken adversaries by crippling their day-to-day business, an effective AI tool could, hypothetically, help bad actors commit attacks, or even increase the pool of potential attackers, by making malware coding easier. However, not everyone shares the same opinion.

The role of AI – can hacking become easier?

According to an interview with ESET security researcher Cameron Camp, we are not really close to “full AI-generated malware,” though ChatGPT is quite good at code suggestion, he says, generating code examples and snippets, debugging, and optimizing code, and even automating documentation.

He agreed that ChatGPT could be used as a handy tool to assist programmers, one that could serve as a first step toward building malware, but not yet, as it is currently rather shallow, makes errors, creates bogus answers and is not very reliable for anything serious.

Nonetheless, Mr. Camp highlighted three areas, which might be interesting from the perspective of language models:

More convincing phishing – From probing more data sources and combining them seamlessly to create specifically crafted emails where clues to their malicious intentions would be very difficult to detect, readers will be hard-pressed not to fall for social engineering. Nor will people be able to spot phishing attempts simply due to sloppy language mistakes, as they could have convincing grammar.

More specifically, spear-phishing could become even more convincing, as tailor-made emails or messages, even including personalized emotional triggers, could become easier to construct thanks to AI help. These abilities will be further supported by with multilingual text-generating options, such methods might work on a wider, global scale, which in case the targeting of critical infrastructure of several states at once would serve a useful purpose.

Ransom negotiation automation – Smooth-talking ransomware operators are rare, but adding a little ChatGPT shine to the communications could lower the workload of attackers seeming legit during negotiations. This will also mean fewer mistakes that might enable defenders to home in on the true identities and locations of the operators.

Furthermore, thanks to easier video and voice generation with AI (see example here), malicious actors could become anyone, hiding their identities more efficiently. In fact, concerns about AI have become so widespread in this area that many professionals want to stipulate in their contracts a ban on the use of their work for AI purposes.

And if you don’t believe this, check out this video of President Biden, Trump and Obama discussing a videogame, all AI-generated, of course. Imagine how, during a ransomware attack, an online intruder could imitate a highly placed official to ask for access to a network or a system remotely…

Better phone scams – With natural language generation getting more natural, scammers will sound like they are from your area and have your best interests in mind. This is one of the first onboarding steps in a confidence scam: sounding more confident by sounding like they’re one of your people.

As long as scammers generate the right natural cadence to a person’s voice, they can easily fool their victims, but the problem with any AI-generated content today is that there is an inherent, let’s say, ‘artificiality’ to it, meaning that despite these voices, videos or text looking legit, they still harbor some specific mistakes or issues that are easy to spot, like how ChatGPT makes false statements or how its responses might seem like it is just regurgitating a Wikipedia page.

However, all of this does not mean that generative AI cannot be used for brainstorming, to create a base for some work, however, the correctness of the information one is provided should still be checked. The legal ramifications of using AI-generated content (sourced from the net) might also be something to consider.

Critical Infrastructure vs. AI – emerging legislation

As AI starts to play an increasingly important role in cybersecurity, businesses and governments will need to accommodate and use AI to their own advantage – as crooks will definitely try to do the same. From a July 2022 report by Acumen Research and Consulting, the global AI market was $14.9 billion in 2021 and is estimated to reach $133.8 billion by 2030.

Thanks to the growing use of the Internet of Things and other connected devices, cloud-based security services could provide new opportunities for the use of AI. Antivirus, data loss prevention, fraud detection, identity and access management, intrusion detection/prevention systems, and risk and compliance management services already use tools like Machine learning to create more resilient protection.

On the flip side, bad actors could also use AI to their advantage. With a large enough market of smart AI, crooks could easily use it to identify patterns in computer systems to reveal weaknesses in software or security programs, enabling them to exploit those newly discovered weaknesses.

So, critical infrastructure could become one of the targets. With AI attacking and defending it, going for a tit-for-tat, security actors and governments will have to remain smart. The European Union is already trying to assess the risks by proposing the EU AI Act, to govern its use in Europe, classifying different AI tools according to their perceived level of risk, from low to unacceptable. Governments and companies using these tools will have different obligations, depending on the risk level.

Some of these AI tools may be considered high risk, such as those used in critical infrastructure. Those using high-risk AIs will likely be obliged to complete rigorous risk assessments, log their activities, and make data available to authorities to scrutinize to increase compliance costs for companies.  In case a company breaks the rules, the fine would likely be around 30 million euros or up to 6% of their global profits.

Similar rules and ideas are included within the recently proposed EU Cyber Solidarity Act, as government officials try to stay ahead of critical infrastructure attacks.

About Version 2 Digital

Version 2 Digital is one of the most dynamic IT companies in Asia. The company distributes a wide range of IT products across various areas including cyber security, cloud, data protection, end points, infrastructures, system monitoring, storage, networking, business productivity and communication products.

Through an extensive network of channels, point of sales, resellers, and partnership companies, Version 2 offers quality products and services which are highly acclaimed in the market. Its customers cover a wide spectrum which include Global 1000 enterprises, regional listed companies, different vertical industries, public utilities, Government, a vast number of successful SMEs, and consumers in various Asian cities.

About ESET
For 30 years, ESET® has been developing industry-leading IT security software and services for businesses and consumers worldwide. With solutions ranging from endpoint security to encryption and two-factor authentication, ESET’s high-performing, easy-to-use products give individuals and businesses the peace of mind to enjoy the full potential of their technology. ESET unobtrusively protects and monitors 24/7, updating defenses in real time to keep users safe and businesses running without interruption. Evolving threats require an evolving IT security company. Backed by R&D facilities worldwide, ESET became the first IT security company to earn 100 Virus Bulletin VB100 awards, identifying every single “in-the-wild” malware without interruption since 2003.

ESET Announces Integration with Arctic Wolf to Deliver Next-Gen Detection and Response for Businesses

  • ESET Inspect has been integrated into Arctic Wolf’s Managed Detection and Response solution to provide proactive defense via their cloud-native platform and human expertise
  • Arctic Wolf customers will gain access to real-time global telemetry, detailed reports and actionable insights that arm them against more diverse and sophisticated attacks
  • The integration marks an important milestone for ESET as it expands its integrations platform and collaborates with best-in-class technology companies

BRATISLAVA – April 24, 2024 — ESET, a global leader in next-gen digital security for business, today announced a new integration with Arctic Wolf, a global leader in security operations, to ensure increased visibility and protection against modern threats. By integrating ESET Inspect into Arctic Wolf’s Security Operations Platform, Arctic Wolf customers are able to enhance their security posture – aggregating vast amounts of data from diverse, global sources.

“Businesses today and the channel community are demanding technology ecosystems that simplify cybersecurity management, offer complete visibility across a variety of attack surfaces, and bring industry leaders together under one architecture,” said Trent Matchett, Director of Direct Channel
Global Sales at ESET. “We have invested significantly in the ESET PROTECT Platform and an open API gateway to empower an impressive catalogue of integration partners moving forward. Arctic Wolf is one of the most trusted MDR vendors in the world, and an exciting milestone for our integrations program.”

Arctic Wolf helps organizations end cyber risk by providing a cloud-native security operations platform, with solutions that include Managed Detection and Response, Managed Risk, Managed Security Awareness, and Incident Responses, each delivered through the industry-pioneering Concierge Delivery Model. Arctic Wolf’s Concierge Delivery Model provides tailored risk mitigation guidance and security insights based on the telemetry of the customer’s tech stack, like ESET Inspect, to keep an organization’s environment safe.

“Arctic Wolf and ESET share the common belief that embracing openness and interoperability are essential for helping to deliver the positive cybersecurity outcomes that organizations demand,” said Ian McShane, VP of Managed Detection and Response at Arctic Wolf.  “The new ESET PROTECT Platform API allows ESET Inspect data to seamlessly integrate with the Arctic Wolf Platform, that when combined with the telemetry from other security tools, ensure Arctic Wolf customers get holistic protection against an ever-evolving threat landscape.”

As a result of this integration, Arctic Wolf customers will gain access to:

  • Real-time Incident Response, including Post-Incident Analysis and Remediation:
    ESET Inspect will enable the detection of suspicious activity on a client’s endpoint, sending alerts to Arctic Wolf, who can then conduct a security investigation, confirming the threat and then employing immediate response followed by an analysis of the acquired data to assess the damage and prepare for future threats.
  • Regulatory Compliance:
    Because clients must comply with several regulatory standards that can require detailed logs of all activity on their endpoints, ESET Inspect will provide these logs so that Arctic Wolf can help their customers ensure compliance.
  • Managed Security for Resource Constrained Organizations :
    Many organizations often lack the resources to house internal security teams, so they contract an outside partner like Arctic Wolf to assist with their cyber defenses. Thanks to ESET Inspect and its data, Arctic Wolf customers will be better equipped to provide a high level of security to organizations of almost any size without them having to hire and train their own security personnel.

ESET Inspect acts as the XDR-enabling module of the ESET PROTECT platform, delivering breach prevention, enhanced visibility and remediation. ESET Inspect is a comprehensive detection and response with rich features such as: incident detection, incident management and response, data collection, indicators of compromise detection, anomaly detection, behavior detection and policy violations. For more information on ESET Inspect, visit here.

For more information on ESET’s investment on API integrations and opportunities to partner, visit here.

Find more information about how Arctic Wolf can help organizations end cyber risk here.

About Version 2 Digital

Version 2 Digital is one of the most dynamic IT companies in Asia. The company distributes a wide range of IT products across various areas including cyber security, cloud, data protection, end points, infrastructures, system monitoring, storage, networking, business productivity and communication products.

Through an extensive network of channels, point of sales, resellers, and partnership companies, Version 2 offers quality products and services which are highly acclaimed in the market. Its customers cover a wide spectrum which include Global 1000 enterprises, regional listed companies, different vertical industries, public utilities, Government, a vast number of successful SMEs, and consumers in various Asian cities.

About ESET
For 30 years, ESET® has been developing industry-leading IT security software and services for businesses and consumers worldwide. With solutions ranging from endpoint security to encryption and two-factor authentication, ESET’s high-performing, easy-to-use products give individuals and businesses the peace of mind to enjoy the full potential of their technology. ESET unobtrusively protects and monitors 24/7, updating defenses in real time to keep users safe and businesses running without interruption. Evolving threats require an evolving IT security company. Backed by R&D facilities worldwide, ESET became the first IT security company to earn 100 Virus Bulletin VB100 awards, identifying every single “in-the-wild” malware without interruption since 2003.

A Brief Look at the Cyber Risk Institute’s Profile Version 2.0

The pressures on financial cybersecurity programs to maintain pace with both threats and regulatory changes is perhaps second to none (well, maybe the healthcare industry). Recognizing this, the Cyber Risk Institute (CRI) has recently unveiled Version 2.0 of its Cybersecurity Profile (CRI Profile), marking a significant step forward in the standardization and strengthening of cybersecurity measures across the financial sector.

The Evolution to Version 2.0

Originally developed as a comprehensive framework tailored to the financial industry, the CRI Profile harmonizes a myriad of regulatory requirements into a single, streamlined set of guidelines. Its latest iteration, Version 2.0, builds on this foundation with extensive updates that reflect the latest cybersecurity trends and regulatory insights. The CRI, a not-for-profit coalition of financial institutions and trade associations, has engineered these changes to foster a more resilient financial infrastructure globally.

What’s New in Version 2.0?

The CRI Profile Version 2.0 introduces several key enhancements aimed at increasing its usability and effectiveness for financial institutions navigating the complex landscape of cybersecurity threats and regulatory pressures.

Enhanced Clarity and Usability

The new version has refined its control objectives and diagnostic statements, making them clearer and more actionable. This change helps institutions of all sizes more effectively implement the necessary cybersecurity measures and ensures that the guidelines are accessible to a broader range of professionals within the industry.

Expanded Coverage of Emerging Threats

Recognizing the dynamic nature of cyber threats, Version 2.0 includes updated guidelines that address recent security challenges, such as ransomware and supply chain attacks. These updates are critical as financial institutions increasingly rely on digital technologies that expose them to new vulnerabilities.

Streamlined Compliance

One of the standout features of the CRI Profile has always been its ability to simplify compliance by integrating various regulatory expectations into a single framework. Version 2.0 takes this further by enhancing the alignment with global standards such as ISO and NIST, thus reducing the compliance burden on institutions and allowing them to focus more on fortifying their defenses.

Focus on Cloud Security

With the financial sector’s growing dependence on cloud technologies, the new Profile version places a significant emphasis on cloud security. It provides detailed guidance on managing relationships with cloud service providers (CSPs) and ensuring that security measures are robust throughout the lifecycle of cloud services.

Benefits of Adopting CRI Profile Version 2.0

The adoption of the CRI Profile Version 2.0 offers numerous benefits for financial institutions:

  • Reduced Regulatory Complexity: By consolidating and clarifying regulatory expectations, the Profile simplifies the compliance landscape, making it easier for institutions to meet their obligations without excessive administrative burden.
  • Enhanced Cyber Resilience: The Profile’s comprehensive approach to cybersecurity, encompassing current threats and best practices, helps institutions strengthen their defenses against a broad spectrum of cyber risks.
  • Streamlined Communication: The common framework and language provided by the Profile facilitate clearer communication about cybersecurity expectations and practices between financial institutions and their regulators, partners, and service providers.
  • Cost Efficiency: By reducing redundancy in compliance efforts and focusing on effective risk management practices, institutions can optimize their cybersecurity investments and achieve better outcomes with fewer resources.

Looking Forward

The CRI’s continuous efforts to update and refine the Cybersecurity Profile underscore its commitment to keeping the financial sector secure and compliant in an age of digital transformation. As cyber threats evolve and new technologies emerge, the Profile serves as a living document, adapting to meet the needs of the industry. For financial institutions, embracing the CRI Profile Version 2.0 represents not just compliance, but a strategic advantage in the ongoing effort to protect their operations and customer data from cyber threats. As we look to the future, the role of standardized frameworks like the CRI Profile in promoting cybersecurity resilience cannot be overstated.

With its latest update, the CRI Profile continues to set the standard for cybersecurity in the financial sector. Version 2.0 of the Profile is a testament to the industry’s collective commitment to advancing cybersecurity standards and practices. For institutions ready to take their cybersecurity to the next level, the CRI Profile Version 2.0 offers a robust, tested, and comprehensive toolkit for achieving cyber resilience and regulatory compliance.

Cloud NativeFaux Cloud
InfrastructureProvided, paid, and managed by the vendor; mostly invisible to anyone utilizing the serviceProvided, paid, and managed by you through your own AWS or Azure account
ImplementationQuick time to value; much of the work is invisible to youDepends on the complexity of the app, but it is your responsibility to do the work or pay someone else to do it
PricingSubscription with lower up-front costPerpetual license with expensive up-front cost that are amortized over time.

(Note: many vendors are moving away from perpetual licensing for on-prem or faux cloud products, but as they do, their customers are getting the worst of both worlds – paying more annually while still being responsible for on-going maintenance of the product)
Total Cost of OwnershipThe price of the product reflects the genuine cost of ownershipThe price of the product is only one (and sometimes only a small) part of the total cost that is reflected in the staff time and public cloud expenses; in many instances, you may not even know what it is going to cost you until it is too late
Vendor Lock-InEasy to switch to another vendor should your business needs changeExpensive license, deployment and maintenance costs make switching prohibitive, often for years
AccessAccess anywhere via browser with internet connectionOn-premises model often requires access via VPN

(Note: what happens when there is a problem with your solution and your VPN is configured to use your on-premises system? Sounds like someone is driving into the office!)
ScalabilityAutomatically scales with usageCustomer must increase capacity to keep up with usage
UpdatesVendor regularly updates the underlying components such as servers, databases, etc. This process will often be invisible to you.You are responsible for ensuring that the entire tech stack – components, databases, servers, network – is updated with the latest patches
UpgradesYou seamlessly and transparently reap the benefit of new features, enhancements, and other improvements with zero effortAny upgrade requires you to install, test, and then deploy the upgrade in production, often during nights and weekends in case something goes wrong
AccountabilityThe vendor takes ownership of the uptime and security, performance, and availability of the serviceApart from the infrastructure as a service, you are on the hook for the performance, health, security, and availability of the solution, lock stock and barrel

About Version 2 Digital

Version 2 Digital is one of the most dynamic IT companies in Asia. The company distributes a wide range of IT products across various areas including cyber security, cloud, data protection, end points, infrastructures, system monitoring, storage, networking, business productivity and communication products.

Through an extensive network of channels, point of sales, resellers, and partnership companies, Version 2 offers quality products and services which are highly acclaimed in the market. Its customers cover a wide spectrum which include Global 1000 enterprises, regional listed companies, different vertical industries, public utilities, Government, a vast number of successful SMEs, and consumers in various Asian cities.

About Portnox
Portnox provides simple-to-deploy, operate and maintain network access control, security and visibility solutions. Portnox software can be deployed on-premises, as a cloud-delivered service, or in hybrid mode. It is agentless and vendor-agnostic, allowing organizations to maximize their existing network and cybersecurity investments. Hundreds of enterprises around the world rely on Portnox for network visibility, cybersecurity policy enforcement and regulatory compliance. The company has been recognized for its innovations by Info Security Products Guide, Cyber Security Excellence Awards, IoT Innovator Awards, Computing Security Awards, Best of Interop ITX and Cyber Defense Magazine. Portnox has offices in the U.S., Europe and Asia. For information visit http://www.portnox.com, and follow us on Twitter and LinkedIn.。

Language: English

NAC’s Role in the Larger IAM Eco-System

One of the most critical components of a robust security strategy is Identity and Access Management (IAM). Within the IAM framework, Network Access Control (NAC) plays a pivotal role in ensuring that only the right entities gain access to network resources. This blog post explores how NAC integrates into the IAM ecosystem, enhancing security by controlling access based on identity.

Introduction to Identity and Access Management (IAM) 

IAM is a framework that ensures the right individuals can access the appropriate resources at the right times for the right reasons. It involves various processes and technologies designed to manage digital identities and regulate user access within an organization. IAM systems provide administrators with the tools to change user roles, track user activities, create reports on those activities, and enforce policies on an ongoing basis. The core functions of IAM include authentication, authorization, and user management.

iam technologies portnox

What is Network Access Control (NAC)?

Network Access Control (NAC) is a security solution that enforces policy on devices that attempt to access network resources. NAC can enforce policies across all users and devices, ensuring compliance with security policies before access is granted. It verifies the security posture of the device, determining whether it should be allowed on the network, placed in a quarantined area, or denied access outright. This capability makes NAC a crucial subset of the broader IAM framework.

The Role of NAC in IAM

The integration of NAC into the IAM ecosystem enhances the security posture of an organization by adding a layer of defense that controls access at the entry point – the network. Here’s how NAC fits into IAM:

  1. Authentication and Authorization: While IAM manages user identities and controls what users can do within a system, NAC uses this identity information to make real-time decisions about network access. It checks credentials and ensures that the device complies with security policies, effectively linking a user’s identity with device security before granting network access.
  2. Policy Enforcement: NAC solutions enforce security policies across all connected devices. For instance, if a device does not have the latest security patches, NAC can deny access, require the user to update the device, or redirect the user to a remediation network where the necessary updates can be applied. This level of control is essential in preventing compromised devices from accessing sensitive resources.
  3. Visibility and Monitoring: NAC provides comprehensive visibility into every device connected to the network, regardless of whether access was granted or denied. This visibility is crucial for effective network management and security, allowing administrators to monitor connections in real-time and respond to potential threats more quickly.
  4. Compliance and Posture Assessment: Many organizations are subject to regulatory requirements that dictate stringent access controls and security policies. NAC helps in maintaining compliance by ensuring that all devices meet the necessary standards before they are allowed network access. This ongoing assessment of device posture against compliance standards is a key function of NAC within the IAM ecosystem.

 


 

Benefits of Integrating NAC with IAM

Integrating NAC with IAM offers numerous benefits that enhance organizational security:

  • Strengthened Security: By linking device security with user identity, organizations can ensure a more comprehensive security approach that mitigates the risk of data breaches.
  • Enhanced Compliance: Automated compliance functions help organizations meet regulatory requirements more efficiently and with less administrative burden.
  • Improved Network Visibility and Control: Real-time visibility into the devices on the network allows for better control and faster response to security incidents.
  • Scalability and Flexibility: As organizational needs change, NAC can scale and adapt to new security policies and standards, supporting a dynamic security environment.

NAC is a vital component of the IAM ecosystem that extends the reach of traditional IAM functions to the network perimeter. By controlling access based on both user identity and device compliance, NAC enhances an organization’s ability to defend against both internal and external threats. As cyber threats continue to evolve, the role of NAC in IAM will remain indispensable in creating a secure, compliant, and efficient IT environment.

Cloud NativeFaux Cloud
InfrastructureProvided, paid, and managed by the vendor; mostly invisible to anyone utilizing the serviceProvided, paid, and managed by you through your own AWS or Azure account
ImplementationQuick time to value; much of the work is invisible to youDepends on the complexity of the app, but it is your responsibility to do the work or pay someone else to do it
PricingSubscription with lower up-front costPerpetual license with expensive up-front cost that are amortized over time.

(Note: many vendors are moving away from perpetual licensing for on-prem or faux cloud products, but as they do, their customers are getting the worst of both worlds – paying more annually while still being responsible for on-going maintenance of the product)
Total Cost of OwnershipThe price of the product reflects the genuine cost of ownershipThe price of the product is only one (and sometimes only a small) part of the total cost that is reflected in the staff time and public cloud expenses; in many instances, you may not even know what it is going to cost you until it is too late
Vendor Lock-InEasy to switch to another vendor should your business needs changeExpensive license, deployment and maintenance costs make switching prohibitive, often for years
AccessAccess anywhere via browser with internet connectionOn-premises model often requires access via VPN

(Note: what happens when there is a problem with your solution and your VPN is configured to use your on-premises system? Sounds like someone is driving into the office!)
ScalabilityAutomatically scales with usageCustomer must increase capacity to keep up with usage
UpdatesVendor regularly updates the underlying components such as servers, databases, etc. This process will often be invisible to you.You are responsible for ensuring that the entire tech stack – components, databases, servers, network – is updated with the latest patches
UpgradesYou seamlessly and transparently reap the benefit of new features, enhancements, and other improvements with zero effortAny upgrade requires you to install, test, and then deploy the upgrade in production, often during nights and weekends in case something goes wrong
AccountabilityThe vendor takes ownership of the uptime and security, performance, and availability of the serviceApart from the infrastructure as a service, you are on the hook for the performance, health, security, and availability of the solution, lock stock and barrel

About Version 2 Digital

Version 2 Digital is one of the most dynamic IT companies in Asia. The company distributes a wide range of IT products across various areas including cyber security, cloud, data protection, end points, infrastructures, system monitoring, storage, networking, business productivity and communication products.

Through an extensive network of channels, point of sales, resellers, and partnership companies, Version 2 offers quality products and services which are highly acclaimed in the market. Its customers cover a wide spectrum which include Global 1000 enterprises, regional listed companies, different vertical industries, public utilities, Government, a vast number of successful SMEs, and consumers in various Asian cities.

About Portnox
Portnox provides simple-to-deploy, operate and maintain network access control, security and visibility solutions. Portnox software can be deployed on-premises, as a cloud-delivered service, or in hybrid mode. It is agentless and vendor-agnostic, allowing organizations to maximize their existing network and cybersecurity investments. Hundreds of enterprises around the world rely on Portnox for network visibility, cybersecurity policy enforcement and regulatory compliance. The company has been recognized for its innovations by Info Security Products Guide, Cyber Security Excellence Awards, IoT Innovator Awards, Computing Security Awards, Best of Interop ITX and Cyber Defense Magazine. Portnox has offices in the U.S., Europe and Asia. For information visit http://www.portnox.com, and follow us on Twitter and LinkedIn.。

Language: English

Portnox and Bugcrowd to Launch Private Bug Bounty Program to Provide Best-In-Class Unified Access Control

Austin, TX – April 23, 2024 – Portnox, a leading provider of cloud-native, zero trust access control solutions, today announced it will soon launch a private bug bounty program with Bugcrowd, the leader in crowdsourced security. The Portnox bug bounty program will offer a bounty for ethical hackers, also known as “white hat hackers,” to uncover and report software security vulnerabilities within Portnox’s production services. Bugcrowd will manage the submission and reward process, which is designed to ensure a streamlined experience for all participants.

“This bug bounty program is part of our ongoing efforts to ensure that we provide customers with best-in-class security for their enterprise networks and applications,” said Denny LeCompte, CEO of Portnox. “Bugcrowd helps close the gap between security and development, so that we can continue to safely innovate.” 

Participants can earn a range of payments, depending on the criticality of the submitted vulnerability. Ethical hackers that are already active on Bugcrowd are invited to participate in private bug bounty programs once they become active on the platform through hacking public bug bounties. Companies that currently participate in public bug bounty programs with Bugcrowd include Atlassian, ExpressVPN, Rapyd, T-Mobile, USAA, Viator, and more.

While aspects of hacking are being automated, and threat actors are using generative AI to increase the speed and number of enterprise attacks, the good guys have the same access to this technology. According to a 2023 Bugcrowd research report, 94% of ethical hackers plan to start using AI. By continuing to empower hackers on crowdsourced security platforms, Portnox starts to level the playing field, ultimately helping organizations keep their systems and data secure.

“Crowdsourced security provides companies like Portnox with an army of allies to take back control and outpace threat actors,” said Dave Gerry, CEO of Bugcrowd. “We are happy to work with Portnox to ensure that their customers have every reassurance that they are taking an aggressive and proactive approach to securing all potential attack surfaces.”.

Cloud NativeFaux Cloud
InfrastructureProvided, paid, and managed by the vendor; mostly invisible to anyone utilizing the serviceProvided, paid, and managed by you through your own AWS or Azure account
ImplementationQuick time to value; much of the work is invisible to youDepends on the complexity of the app, but it is your responsibility to do the work or pay someone else to do it
PricingSubscription with lower up-front costPerpetual license with expensive up-front cost that are amortized over time.

(Note: many vendors are moving away from perpetual licensing for on-prem or faux cloud products, but as they do, their customers are getting the worst of both worlds – paying more annually while still being responsible for on-going maintenance of the product)
Total Cost of OwnershipThe price of the product reflects the genuine cost of ownershipThe price of the product is only one (and sometimes only a small) part of the total cost that is reflected in the staff time and public cloud expenses; in many instances, you may not even know what it is going to cost you until it is too late
Vendor Lock-InEasy to switch to another vendor should your business needs changeExpensive license, deployment and maintenance costs make switching prohibitive, often for years
AccessAccess anywhere via browser with internet connectionOn-premises model often requires access via VPN

(Note: what happens when there is a problem with your solution and your VPN is configured to use your on-premises system? Sounds like someone is driving into the office!)
ScalabilityAutomatically scales with usageCustomer must increase capacity to keep up with usage
UpdatesVendor regularly updates the underlying components such as servers, databases, etc. This process will often be invisible to you.You are responsible for ensuring that the entire tech stack – components, databases, servers, network – is updated with the latest patches
UpgradesYou seamlessly and transparently reap the benefit of new features, enhancements, and other improvements with zero effortAny upgrade requires you to install, test, and then deploy the upgrade in production, often during nights and weekends in case something goes wrong
AccountabilityThe vendor takes ownership of the uptime and security, performance, and availability of the serviceApart from the infrastructure as a service, you are on the hook for the performance, health, security, and availability of the solution, lock stock and barrel

About Version 2 Digital

Version 2 Digital is one of the most dynamic IT companies in Asia. The company distributes a wide range of IT products across various areas including cyber security, cloud, data protection, end points, infrastructures, system monitoring, storage, networking, business productivity and communication products.

Through an extensive network of channels, point of sales, resellers, and partnership companies, Version 2 offers quality products and services which are highly acclaimed in the market. Its customers cover a wide spectrum which include Global 1000 enterprises, regional listed companies, different vertical industries, public utilities, Government, a vast number of successful SMEs, and consumers in various Asian cities.

About Portnox
Portnox provides simple-to-deploy, operate and maintain network access control, security and visibility solutions. Portnox software can be deployed on-premises, as a cloud-delivered service, or in hybrid mode. It is agentless and vendor-agnostic, allowing organizations to maximize their existing network and cybersecurity investments. Hundreds of enterprises around the world rely on Portnox for network visibility, cybersecurity policy enforcement and regulatory compliance. The company has been recognized for its innovations by Info Security Products Guide, Cyber Security Excellence Awards, IoT Innovator Awards, Computing Security Awards, Best of Interop ITX and Cyber Defense Magazine. Portnox has offices in the U.S., Europe and Asia. For information visit http://www.portnox.com, and follow us on Twitter and LinkedIn.。

Language: English