CYE launches new group to provide advanced cyber architecture

29.03.2021

Cybersecurity concerns continue to grow among enterprise decision-makers, as companies invest in new technologies to defend their businesses against ever-evolving cyberthreats. One survey of cybersecurity providers by McKinsey discovered an almost-sevenfold increase in spear-phishing attacks since the pandemic began. Another article by McKinsey said the COVID-19 pandemic has forced rapid changes on corporate cybersecurity functions.

While the pandemic accelerated digital transformation across the global enterprise ecosystem, it also widened the enterprise attack surface — leaving room for malicious actors to strike organizations with sophisticated attacks. Most popular on a long list of attacks that have impacted several sectors in recent years are the SolarWinds and Kaseya supply chain attacks, as well as the Colonial Pipeline ransomware attack.

CYE, a Herzliya, Israel-based cybersecurity company that provides organizations with data-driven cybersecurity solutions at scale, has launched a new group called Critical Cyber Operations to provide what it calls a “data-driven and mathematically-proven cybersecurity investment optimization capability that allows rapid, accurate and efficient cybersecurity maturity construction.”

Reuven Aronashvili, founder and CEO at CYE, believes cybersecurity is broken, as big companies already have too many weaknesses — therefore making it difficult to take control over all of them. While budgets are growing for security, according to Aronashvili, the revenue of offensive attackers hit $1.5 trillion from offensive activities in 2018 alone. He said CYE’s Critical Cyber Operations will offer data forensics and incident response (DFIR), threat hunting and computer threats intelligence (CTI) assessment, advanced cyber architecture solutions and executive cyber and physical protection.

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