Cybersecurity vendor sees strength in numbers
IronNet’s IronDome platform, which enables organizations to share cyberthreat intelligence and collaborate, had been available to Fortune 500 companies. Now small and midsize companies can leverage the platform, which will expand the data and insights into cyberthreats and improve the analysis of that data.
The Lowdown: The idea behind IronNet’s collective defense efforts is that, as a wider range of companies join forces and share data on the myriad threats they face, they can better defend against increasingly sophisticated and well-funded bad actors. Bringing in smaller and midsize companies, which are vulnerable to the same attacks, will only increase the defense capabilities of all organizations using the IronDome platform.
The Details: IronNet’s technology uses advanced behavioral analytics, artificial intelligence (AI), and machine learning to understand network traffic data and leverages the abilities of cybersecurity experts, mathematicians, and data scientists in the company’s IronDefense network traffic analytics platform.
While IronDefense uses behavioral analysis to detect anomalies and threats even in encrypted traffic across the participating companies, IronDome takes the intelligence gained by IronDefense and shares it among IronNet customers, enabling organizations to understand cyberthreats quickly and collaborate to protect themselves. One IronNet board member compared using IronDome to drivers that use Waze to stay informed of traffic conditions by using the collective intelligence of other drivers.
With the extended reach of IronDefense, customers now can choose from various commercial offerings specific to the needs of Fortune 500 companies, midsize enterprises, and smaller firms.
The Impact: IronNet is offering free trial memberships of IronDome for new customers starting this week, with activation beginning Sept. 9.
Background: IronNet has seen some success among Fortune 500 companies. For example, six of the largest electric utilities in the United States, which span more than 25 states, use IronDome.
The Buzz: “Nation-state attacks are becoming increasingly more sophisticated and coordinated, leaving individual companies and organizations to fend for themselves,” said IronNet founder Keith Alexander. “However, today’s business reality is that many organizations are tightly interconnected in a complex ecosystem of peer companies, partners, and suppliers. Our defense platform enables our customers to anticipate and visualize potentially malicious behavioral anomalies in their networks across companies and sectors to collectively defend themselves from targeted attacks. By democratizing our capabilities, we can work together more effectively across industry and government to protect ourselves.”
“This cross-sector sharing between critical infrastructure verticals such as electric utilities, banking, and healthcare is the first initiative of its kind at scale,” said Ted Schlein, an IronNet board member and partner at Kleiner Perkins. “Expanding IronDome to many more organizations of various sizes maximizes industry sector-level visibility and provides member companies with the collective capabilities they need to defend against organized cyberthreat actors.”
Channelnomics Point of View: Hacker groups are sophisticated, well-resourced, and often backed by nation-states that are leveraging the same emerging technologies – including AI and machine learning – in their complex and varied attacks. In such environments, access to near-real-time information on threats is crucial. The ability to work with other companies in similar industries and facing the same threats can only help.