Tag Archive for: Deloitte

ThreatX Listed on the 2023 Deloitte Technology Fast 500™

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Attributes Over 300% Revenue Growth to Increasing Demand for Protection of Vulnerable APIs and Applications

BOSTON, November 08, 2023–(BUSINESS WIRE)–ThreatX, the leading API and application protection platform, today announced it is listed on the Deloitte Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America, now in its 29th year. ThreatX grew more than 300 percent between 2019 and 2022.

ThreatX’s chief executive officer, Gene Fay, credits both ThreatX’s rapid innovation and market demand for API and application protection with the company’s revenue growth. He said, “ThreatX’s inclusion on this esteemed list is a testament to the team’s incredible hard work and commitment to solving organizations’ struggles with API and application attacks. ThreatX is the only solution that protects both APIs and applications at the edge and at runtime with powerful risk-based, real-time blocking, and our recent growth is only the beginning.”

Over the last year, ThreatX released Runtime API and Application Protection (RAAP), added sensitive data detection to its API protection, and enhanced its solution with a new Botnet Console and API Catalog. The company also recently added a Chief Revenue Officer to its team.

“Each year we look forward to reviewing the progress and innovations of our Technology Fast 500 winners. This year is especially celebratory as we expand the number of winners to better represent just how many companies are developing new ideas to progress our society and the world, especially during a slow economy,” said Paul Silverglate, vice chair, Deloitte LLP and U.S. technology sector leader. “While software and services and life sciences continue to dominate the top 10, we are encouraged to see other categories making their mark. Congratulations to all the winners who show us how creativity, hard work and perseverance can lead to success.”

“As for growing companies, it’s always rewarding to be recognized for the ongoing commitment it takes to navigate obstacles, transform when necessary and ultimately create a thriving business,” said Christie…

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Cl0p Ransomware Strikes Deloitte, Company Refutes Breach

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IN SUMMARY

  • The Cl0P ransomware gang claims to have breached Deloitte.
  • Deloitte has refuted the claims made by the gang regarding the breach.
  • The Cl0P ransomware gang is actively exploiting the MOVEit vulnerability.
  • Deloitte is among the firms using the vulnerable MOVEit Transfer software.

The infamous Cl0p Ransomware has struck again, this time claiming to have targeted the multinational professional services network Deloitte. The ransomware gang, known for its high-profile attacks, claimed responsibility for breaching Deloitte’s infrastructure in a recent post on its dark web data breach blog. While Deloitte’s response refutes the claims, the incident highlights the ongoing risk posed by the MOVEit vulnerability.

Deloitte’s denial of the breach comes with a strong statement from the company’s Global spokesperson. In an exclusive response to Hackread.com, Deloitte stated that they found no evidence of any breach of client data during their analysis.

Cl0p Ransomware Strikes Deloitte, Company Refutes Breach
According to Cl0P, “The company doesn’t care about its customers, it ignored their security!!!” (Screenshot: Hackread.com)

The company took immediate action upon discovering the zero-day vulnerability, applying security updates and mitigating actions as per the vendor’s guidance. Furthermore, Deloitte claimed that their global network’s use of the vulnerable MOVEit Transfer software is limited, and their analysis revealed no impact on client data.

Immediately upon becoming aware of this zero-day vulnerability, Deloitte applied the vendor’s security updates and performed mitigating actions in accordance with the vendor’s guidance. Our analysis determined that our global network use of the vulnerable MOVEit Transfer software is limited. Having conducted our analysis, we have seen no evidence of impact on client data.

Deloitte Global Spokesperson

The Cl0p Ransomware group has been on a hacking spree, exploiting the MOVEit vulnerability to target major companies worldwide. Previous victims include renowned names like PWC business consulting firm, TD Ameritrade, Aon, Kirkland, and Ernest & Young, among others. The gang is now also notorious for using clearnet websites to publish stolen…

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Financial Cyber Security Market Size 2021-2028 By Types, Applications and Top Key Players – Avast Software, IBM Corporation, PricewaterhouseCoopers, Ernst & Young, Deloitte – Industrial IT

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Financial Cyber Security

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Financial Cyber Security Market: Competitive Landscape

The Financial Cyber Security market report includes information on the product launches, sustainability, and prospects of leading vendors including: (Avast Software, IBM Corporation, PricewaterhouseCoopers, Ernst & Young, Deloitte, Accenture Plc., Alert Logic Inc., Alienvault, Inc., Ahnlab, Agiliance Inc.)

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Financial Cyber Security Market: Segmentation

Financial Cyber Security market is split by Type and by Application for the period 2021-2028, the growth among…

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Deloitte Shares Cyber Threat Data With State, Local Agencies; Srini Subramanian Quoted

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Chief information security officers in all 50 states can now access a Deloitte-built online resource of cyber threat intelligence reports under a partnership agreement between the company and the Multi-State Information Sharing and Analysis Center.

The Cyber Detect and Respond Portal, designed to provide users information about malicious actors and campaigns, will be available to all MS-ISAC members throughout the country and in five U.S. territories, the company said Thursday.

Srini Subramanian, a principal at Deloitte’s U.S. government and public services practice, said the collaboration seeks “to help under-resourced teams focus on critical cyber threat activity and encourage more information sharing about vulnerabilities so government agencies can be better informed and prepared for those threats.”

Mike Aliperti, chair of MS-ISAC, expects the online portal to help more than 10,000 members recognize cyber risks to the public service delivery process.

Deloitte noted it offers vulnerability reports that can augment threat data from the Department of Homeland Security to support public and private cybersecurity initiatives.

MS-ISAC is a component of the Center for Internet Security, a nonprofit organization that develops information technology security standards for the global IT community.

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