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< Previoushelp quickly uncover weaknesses at the application level and mitigate potential cyber attacks. With all this at play, it begs the question: “how can organizations meet the demands of their business application owners while also securing and automating their connectivity?” Safeguarding the business applications is hard, but here's what to do about it In the cybersecurity space companies look to protect the business applications in one of three ways - either they protect the code, or the data or the connectivity. When it comes to securing connectivity, most systems still rely on legacy tools or manual labor that require security teams to knowingly accept potential risks and vulnerabilities, without having any awareness of the applications impacted. Furthermore – in many cases, they are not even aware of the presence of any risks at all. “One of the major things that we’re seeing customers struggle with is how to secure their application connectivity, comply with various regulations around the world, and at the same time address their core business needs. To achieve these sometimes-conflicting goals, organizations need to adopt an application centric approach in which they will be able to not only better manage their security policies but more importantly, better secure the applications that drive their business. This means that every application needs to be accounted for its specific business purpose, communication flow, user behavior activity and its associated firewall policy rules. This is especially vital for global applications that connect the datacenter to the cloud" states Yuval Baron, AlgoSec Co-Founder and CEO. Still dealing with blind spots? Expect application security and compliance to be lost causes Another big challenge facing security teams is the lack of visibility to the entire network estate when trying to enforce new policy rule changes, which is akin to throwing darts in the dark. And then there are global compliance regulations: many are cumbersome, challenging to manage and extremely difficult to implement, even with the best tools at your disposal. This often requires that CISOs be adept at leveraging and collaborating with various global organizations that all impact their organization’s risk profile. Ultimately, this may prove a costly endeavor without effective technology tools in place. "Gaining true visibility of every application across the entire network - running in the datacenter and the cloud, is paramount to developing any effective network security strategy. Without granular visibility into the topography, security teams are not only denied the ability to discover and map business applications but also can't identify compliance gaps, which means they can’t flag applications and security policies that are potentially non-compliant," explains Baron. To Baron’s point, as businesses look to deploy more applications faster, SecOps teams will generally require additional security tools capable of providing higher visibility into what happens inside an organization's environment. The problem is that traditional solutions often use technologies that are far too stringent. These technologies are not always capable of spotting business critical application vulnerabilities which could impact data sensitive assets. On top of that, they may not be powered with the latest compliance regulations, which if left undetected, could lead to severe violations. Balancing security and agility without cutting corners? Yes, it can be done In today's digital transformation journey, organizations need to be more agile in their IT operations to better respond to customer needs, address business challenges and compete in the digital economy. It also requires that they respond faster to their own business needs by streamlining manual processes for provisioning new applications and updating existing ones. This is especially challenging nowadays as modern organizations are becoming more hybrid and moving more of their business applications from on-premise datacenters to cloud environments. According to Baron, the way to achieve the right balance between security and agility is by “deploying tools that automate with zero- touch much of the manual work involved in securing the connectivity of business applications and provide visibility into compliance and risk The way to achieve the right balance between security and agility is by deploying tools that automate with zero-touch much of the manual work involved in securing the connectivity of business applicationsexposure across their entire application portfolio. Any security solution must include automation with a special focus on the applications to meet business agility requirements. Otherwise, security silos will occur and resources will be spent on multiple challenges instead of scaling.” The State of Utah’s Department of Technology (DTS) is an example of how taking an application centric to automate the entire security policy change process can lead to optimal results. Using advanced network application visibility and analytical tools, they were able to gain full access to their application environment, understand their connectivity behavior and their associated firewall rules. From application design and submission to proactive risk analysis, implementation validation and auditing, they were able to eliminate manual errors while also improving their security posture and reducing risk. Using unlimited resources to bolt the latest and greatest security products on to the network to keep business applications in check and enable automation for network security policy management needs, would seem as the ideal solution. But in reality, this approach ends up being very costly and highly ineffective for large organizations managing complex networks using multi vendor security controls. A prototypical example of that is Nationwide Insurance, who was struggling to find an automation solution for their application connectivity and network security policy management. Focusing on the application behavior within their multi vendor network environment, they were able to automate the application connectivity and security policy management. Subsequent to deployment, their SecOps teams managed to reduce the time needed to implement application change requests - from 10 days to just hours, making their application owners’ lives easier. Furthermore, they also managed to eliminate application risks associated with duplication errors, saving on valuable resources. Finally, a champion for securing and automating application connectivity Baron co-founded AlgoSec in 2004 with Professor Avishai Wool, AlgoSec’s CTO, and has served as its CEO and Chairman ever since. According to Baron, AlgoSec’s formation was inspired by his relentless drive to fill a growing need in the cybersecurity industry for a more innovative and comprehensive security solution. Prior to founding AlgoSec, he co-founded Actelis Networks Inc. in 1998 and served as its CEO. Today, Baron continues to leverage his experience in championing robust cybersecurity technologies to drive industry growth and innovation. His goal is to set new standards and meet the ever-evolving needs of the largest organizations in the world; to secure application connectivity anywhere – in the datacenter or the cloud. Baron also recognizes that staying ahead of the cyber threat trends isn’t rooted in chasing new tools but in deploying best practices based on identified threat analysis. In his mind, the way to be most effective is to look directly at those newly identified threats and discover technologies and strategies to deal with them. When asked about his passion for wanting to help shape the future, he states, “There has never been a more appropriate time for rapid evolution of technology. The business demands on organizations to deploy new and updated applications are becoming more challenging than ever. Without the proper tools, organizations will continue to miss critical security threats at the application level. Although we know what needs to be done, getting it done is a challenge as it requires changing business processes that drive old habits of security - that's a mindset shift I would want to spearhead in the coming years.” AlgoSec’s formation was inspired by the relentless drive to fill a growing need in the cybersecurity industry for a more innovative and comprehensive security solutionGET MORE FROM YOUR LEGAL ENTITY IDENTIFIERS Register them during client onboarding, refresh or in bulk. Registration takes place in parallel with existing KYC workflows, all in real-time, and without the usual duplicative processes. You get to leverage the KYC systems you have already in place, and even enrich your client identity data. Find out more at rapidlei.com THE #1 ACCREDITED LEI ISSUER WORLDWIDE Use LEIs to enhance your KYC process. Or use your KYC process to register LEIs. By making it possible to register LEIs at the time your client needs them the most, we help you gain more savings, more KYC efficiency, and more client satisfaction. We call this new approach LEI Everywhere. Talk us today about how it can help you.13 AlgoSec is a global cybersecurity leader that empowers organizations to securely accelerate application delivery by automating application connectivity and security policy, anywhere. Its platform enables the world’s most complex organizations to gain visibility, reduce risk, and process changes at zero-touch across the hybrid network. B usiness transformation has been the trend for quite some time and the recent pandemic also fueled this transformation. However, businesses that accelerated digital transformations will need to secure their infrastructure too. Most business resources, including developers who are working remotely on cloud-native applications, will need more integrated security in their coding environments. Overall, implementing more security, automation, and coding throughout the development and deployment process has become the core of any business today. Rather than just shifting security leftward to the developer, security will become a part of every piece of infrastructure. To align with these changing business requirements, application security teams will be tasked with facilitating faster development cycles, rather than just finding vulnerabilities. As hackers are becoming more advanced, the right application security team with the best tools is the core of any organization’s perfect security portfolio. That is why GRC Outlook Magazine has developed this special edition on Top 10 Application Security Solution Providers 2022. The companies listed below are selected by a panel comprising CEOs, CTOs, and cybersecurity professionals based on their unique value proposition and the focus on redefining application security. AppSec Labs is a dedicated application security organization, positioned in the top 10 application security companies worldwide. Their mission is to share their hands-on experience, by providing cutting-edge Penetration test, Training/Academy & Consulting. In the IoT Security realm they provide a holistic security solution, addressing the full ecosystem of smart & connected devices,including: IoT & IIoT(Industrial Internet of Things). Yuval Baron Chairman, CEO & CCSO Management Location Website Algosec.com Ridgefield Park, New Jersey Erez Metula Founder & CEO Management Location Website appsec-labs.com Kefar Sava, Israel SOLUTION PROVIDERS 2022 TOP APPLICATION SECURITYEnso is the first Application Security Posture Management (ASPM) solution, helping security teams everywhere eliminate their AppSec chaos with application discovery, classification and management. Founded by application security experts, Enso easily deploys into enterprise environments to create an actionable, unified inventory of all application assets, their owners, security posture and associated risk. With Enso security, any AppSec team can build a simplified, agile and scalable application security program. ERGOS provides Managed IT services, Managed Private Cloud, IT Infrastructure, Cloud IT and Business Solutions that Power customers Business and empower their work force. ERGOS has earned its reputation by being a professional, experienced and dedicated company that concentrates on fulfilling its mission, to Create Raving Clients. Dedicated to promote a more secure world in a growing connected and mobile environment, eshard provides dedicated security tools, security/technical consultancy services and mobile application security enhancement. They offers turnkey solutions to perform side-channel, fault injection, failure or binary analyses. Jscrambler is the leader in client-side Web security. With Jscrambler, JavaScript applications become self-defensive and resilient to tampering and reverse-engineering, while also providing complete visibility over client-side attacks, including DOM tampering, web supply chain attacks like Magecart, and customer hijacking. Roy Erlich Co- Founder & CEO Management Location Website enso.security Tel Aviv, Israel Salim Zakhem CEO Management Location Website ergos.com Houston, Texas Hugues Thiebeauld Co- Founder & CEO Management Location Website eshard.com Pessac, Nouvelle-Aquitaine Rui Ribeiro Co- Founder & CEO Management Location Website jscrambler.com San Francisco, California SOLUTION PROVIDERS 2022 TOP APPLICATION SECURITYOxeye provides cloud-native application security testing solution designed specifically for modern architectures. They enable their customers to identify the most critical code vulnerabilities as an integral part of the software development lifecycle. Their vision is to help organizations develop cloud-native applications with high confidence that their code is risk-free - all with minimal effort. Oxeye help Dev, AppSec, and DevOps join forces and deliver secure cloud native applications faster without friction. SonicWall has been fighting the cyber-criminal industry for over 30 years defending small, medium-size businesses and enterprises worldwide. Backed by research from the Global Response Intelligent Defense (GRID) Threat Network, their award-winning real-time breach detection and prevention solutions, coupled with the formidable resources of over 10,000 loyal channel partners around the globe, are the backbone securing more than a million business and mobile networks and their emails, applications and data. Waratek is a pioneer in the next generation of application security solutions. Using patented technology, Waratek makes it easy for security teams to instantly patch known flaws with no downtime, protect their applications from known and Zero Day attacks, and virtually upgrade out-of-support Java applications – all without time consuming and expensive source code changes or unacceptable performance overhead. Rapid7 believes in simplifying the complex through shared visibility, analytics, and automation that unite teams around challenges and successes of cybersecurity. The Rapid7 Insight Platform collects data from across client environment, making it easy for teams to manage vulnerabilities, monitor for malicious behavior, investigate and shut down attacks, and automate their operations. Dean Agron Co- Founder & CEO Management Location Website oxeye.io Tel Aviv, Israel Corey E. Thomas Chairman & CEO Management Location Website rapid7.com Boston, Massachusetts Bill Conner President & CEO Management Location Website SonicWall.com Milpitas, CA John Matthew Holt Founder Management Location Website waratek.com Dublin, County Dublin SOLUTION PROVIDERS 2022 TOP APPLICATION SECURITYENSO SECURITY Bringing Flexibility and Scalability to AppSec Programs A ppSec has plagued security teams for far too long, causing confusion, delays, and massive data collection, leaving little room for true application security. The Enso team has decided to go where no one has gone before, committing their combined 30 years of experience to reducing the chaos with a single application security posture management interface for ultimate orchestration and control. Enso was developed by application security experts for application security experts. Their platform is built to allow the AppSec team to fully utilize their own unique abilities, methodology, and understanding of the mission scope. Enso recognizes how much more can be achieved by reducing tactical labor and enhancing visibility. This is why they combine data to remove roadblocks in locating and tracking it and integrate it with native collaboration platforms to simplify and optimize manual effort. With Enso Security, cybersecurity experts can now view and control all of the apps in their environments. "It’s no secret that, today, the diversity of R&D allows [companies] to rapidly introduce new applications and push changes to existing ones," states Roy Erlich, CEO and co-founder of Enso. "But this great complexity for application security teams results in significant AppSec management challenges. These challenges include the difficulty of tracking applications across environments, measuring risks, prioritizing tasks, and enforcing uniform application security strategies across all applications, "Erlich extols. Most AppSec teams today, according to the Enso team, spend the majority of their time building connections with developers and doing operational and product-related activities, rather than on Roy Erlich, Co-Founder & CEO SOLUTION PROVIDERS 2022 TOP APPLICATION SECURITY17 application security. "Having said that, it’s all about managing the risk. You need to make sure that you make data-driven decisions and that you have all the data that you need in one place, "Erlich adds. Enso is the first Application Security Posture Management (ASPM) tool, assisting security teams throughout the world in discovering, classifying, and managing applications. Enso was created by application security specialists to produce an actionable, unified inventory of all application assets, their owners, security posture, and associated risk in business contexts. Any AppSec team may use Enso security to create a streamlined, agile, and scalable application security program. Enso Security intends to provide appsec teams with a platform that allows them to find apps, identify owners, detect changes, and record their security posture through a single pane of glass. Teams may then prioritize and track their work, as well as receive real-time feedback on what is happening across all of their tools. JIRA, Jenkins, GitLab, GitHub, Splunk, ServiceNow, and the Envoy edge and service proxy are among the technologies that the company's solutions now draw data from. However, according to the researchers, even obtaining data from a few sources brings benefits to Enso's consumers. Enso was made by application security professionals for application security professionals. The platform is designed to let AppSec team bring their own unique skills, approach and knowledge of their mission scope into full effect. The alarming effect of recent attacks which severely impacted software integrity, combined with the significant challenge of securing global package management ecosystems, will drive and accelerate industry development and adoption of additional control to secure software from similar breaches. This maturation process is imperative, but in light of its complexity and the sophisticated tools required to manage the risk innate in the use of third-party software components, there is still a way to go. Using Enso's Application SecurityPosture Management platform, security teams can now receive total visibility and coordinate the tools, people, and processes involved in application development without interfering with development. Enso's ASPM methodology is in line with contemporary maturity-based norms and intuitives. It implies that a team should approach the problem methodically, spending time learning about the security baseline and selecting the greatest possibilities to make significant improvement. ASPM allows users to identify the most valuable assets and stay focused on safeguarding them. It determines which actions are the most successful, allowing users to adjust their approach, optimize resource use, and expand the application security program's coverage. Furthermore, with an ASPM, security teams may automate gap evaluations and clearly reflect them to various groups of stakeholders, encouraging the organization's pull-left strategy. In the coming years, the team intends to continue enhancing its product and expand its workforce from its current size. Enso is the first Application Security Posture Management (ASPM) tool, assisting security teams throughout the world in discovering, classifying, and managing applications18 RETHINKING GRC FOR MODERN SOFTWARE DEVELOPMENT By Natasha Gupta, Senior Security Solutions Manager, Synopsys Software Integrity Group G overnance, risk, and compliance (GRC) has become a standard practice for managing organizational risk, particularly for IT assets and operations. Yet, risk mitigation has evolved beyond perimeter defenses. All software has weaknesses, and those weaknesses make inviting targets for attackers. A 2021 Forrester Report found that 39% of external attacks targeted exploitable web applications, and 30% targeted software vulnerabilities. This software is inclusive of infrastructure, commercial, custom-built, and contracted applications. What this data indicates is that the attack surface is much larger than previously thought, and security and risk teams must incorporate an application security lens when assessing their organization’s risk and compliance posture. Using an Application Security Orchestration and Correlation (ASOC) solution helps, as it offers valuable capabilities that align with components of a GRC framework. Applications present unique challenges It’s important to understand the scope of the GRC problem when it comes to software applications. When assessing an organization’s risk footprint, the potential sources of infrastructure and commercial vulnerabilities can span hundreds of business-critical assets across their IT estate. For custom-built applications, the risk footprint vastly multiplies when considering the volume of software that includes open source and third-party code or carries critical vulnerabilities which go unaddressed in the production process. For large enterprises, the source of this risk could equate to thousands of commits per day. Amazon, for example, reportedly deploys new software to production every second, and in practice, the thousands of applications they depend upon are made up of hundreds of components. For this reason, modern software development carries many blind spots when it comes to risk and compliance. The widespread adoption of DevOps and Agile methodologies have hastened the speed at which production code is deployed. These fast production cycles open multiple opportunities for software flaws to slip through the cracks. Additionally, integrating testing, triage, and remediation within the SDLC is complex. Many application security (AppSec) teams invest in a multitude of Application Security Testing (AST) tools to test for specific types of software flaws, at relevant stages of the SDLC. For example, an AppSec team may use static application security testing (SAST) or software composition analysis (SCA) tools to scan source code for quality, security, and compliance issues at build phase, then use dynamic application security testing (DAST) to test for runtime issues in simulated production environments. Each of these essential types of tests may find thousands of potential flaws and compliance issues and store them in its own siloed repository using a custom taxonomy. It can be difficult to sort through all these Natasha Gupta, Senior Security Solutions Manager19 findings to identify the most critical issues. To assess overall software risk, one must aggregate all these findings, translate them into a common format, and prioritize the ones that are most impactful— that's a lot of information to analyze. Furthermore, auditing this data and assessing adherence to required regulatory standards is incredibly challenging as well. Bridging the GRC-AppSec gap with ASOC The fundamental building blocks of a sound GRC strategy— standardizing business process and policies, enforcing controls, centralizing risk management, and auditing decisions and artifacts— go beyond implementing GRC software tools. Keeping operations resilient and compliant means understanding your risk at the development level, at earlier stages of the SDLC. To do this, it helps to be able to answer these questions: • When was the software tested? • What was found? • What was fixed? • Do I have a way of identifying my most vulnerable software? • What is the extent of my exposure and exploitability? If you’re unable to answer these questions, an ASOC solution can help. How does ASOC help address GRC needs? A significant and pragmatic benefit of ASOC solutions is their ability to empower organizations to glean actionable insight across a variety of AST tools, introduce a uniform risk assessment methodology, and orchestrate necessary testing activities without breaking existing processes. These capabilities are foundational to helping security, risk, and development stakeholders align their existing AppSec processes with business objectives for software quality and compliance, and introduce a risk-based approach to software development practices. There are several components of a GRC framework where ASOC can help: Risk management—Individual AST tools provide a proprietary assessment of software risk using their own methodology for scoring issue severity, business criticality, and scope. This means teams are forced to wade through a patchwork of proprietary assessments to gauge their overall software risk posture. An ASOC solution simplifies risk assessment, because it correlates issues across all tool types, and normalizes these results to a common scoring methodology. Additionally, an ASOC solution can also export these results to a GRC management tool, enabling you to keep a consistent view across infrastructure and application risks, and incorporating a higher fidelity view of application risk than typical GRC platforms accommodate. Auditing—advanced ASOC solutions uniquely provide a level of application context and intelligence to help teams trace findings that match specific compliance violations. They provide a consolidated report of high-priority results, controls implemented, and overall application health. Importantly, an ASOC platform uses this information to map software defects to violations of specific regulatory standards, such as PCI. This is an important part of addressing risk blind spots when it comes to auditing software security practices. Policy management—Making security policy management reflective of individual application needs is a complex undertaking. It requires continuously testing workflows and data, as applications are subject to short and frequent cycles of refresh. An ASOC solution solves this challenge by orchestrating policy-as-code, codifying defined thresholds for triggering testing based on application criticality, scope of code change, and related dependencies. Importantly, this approach does not break existing development pipelines, and through API integration with ticketing systems, offers an automated way to enforce security policies with developers directly. Software risk is business risk. A successful GRC strategy must address the distinct application security challenges involved in mitigating software risk. An ASOC solution helps establish testing automation, security intelligence, and risk visibility to build a bridge between your GRC workflows and your AppSec tools and processes. Next >