Human beings’ knowhow is as expansive as it gets, and yet there remains shockingly little that we know better than growing on a consistent basis. This progressive approach, on our part, has already got the world to hit upon some huge milestones, with technology appearing as a rather unique member of the group. The reason why technology’s credentials are so anomalous is purposed around its skill-set, which was unprecedented enough to realize all the possibilities for us that we couldn’t have imagined otherwise. Nevertheless, a closer look should be able to reveal how the whole runner was also very much inspired by the way we applied those skills across a real world environment. The latter component was, in fact, what gave the creation a spectrum-wide presence and made it the ultimate centerpiece of every horizon. Now, having such a powerful tool run the show did expand our experience in many different directions, but even after reaching so far ahead, this prodigious concept called technology will somehow keep on delivering the right goods. The same has grown to become a lot more evident in recent times, and assuming one new GRC-themed development pans out just like we envision, it will only propel that trend towards greater heights over the near future and beyond.
NetRise, the company providing granular visibility into the world’s Extended Internet of Things (XIoT) security problem, has officially won the “Automotive Cybersecurity Solution of the Year” recognition at the 2023 CyberSecurity Breakthrough Awards. Talk about what secured the award for NetRise; the answer resides in its next-generation firmware and IoT security platform, which empowers organizations to identify risks in the software components running on devices. To contextualize the significance of such a product, we must steal a look at the substantial rise of IoT first. You see, with IoT devices turning into a mainstay across our automobiles, we have become increasingly prone to the risks of having different embedded systems manufactured by dozens of third-party vendors, containing unknown third-party components and code dependencies. But how did NetRise contributed to our fight against these risks? Well, it introduced the first platform ever to provide comprehensive insight into shared vulnerabilities across all firmware images in an ecosystem. This is further helped by its ability to conduct continuous analysis as more data is added, making the company’s platform more efficient over time. Another detail worth a mention is how, owing to the fact that it is a cloud-based SaaS solution, NetRise’s platform significantly cuts back on the cost of firmware security programs. Taking the discussion to a slightly deeper level, NetRise’s platform puts on the offer dedicated capabilities for Software Bill’s of Materials Management. These capabilities bear the responsibility to generate a comprehensive, and largely customized, list of ‘ingredients’ for each device, thus ensuring the most fitting outcomes in every case. Next up, there is a risk & vulnerability management functionality, which delivers on its promised value proposition through constantly updated risk assessments, presented alongside risk scoring and prioritization based on likelihood of exploitation and potential impact. Interestingly enough, the platform also has a compliance angle to it. Here, we refer its knowhow in figuring out whether a third-party code introduces legal and compliance issues, or whether it meets SBOM provision mandates.
“We are honored to receive this recognition from the CyberSecurity Breakthrough Awards, which further solidifies our commitment to providing customers with cutting-edge technologies so they can quickly find vulnerabilities in their environments,” said Thomas Pace, CEO of NetRise. “Our automated platform provides users across industries and verticals with much-needed visibility into the ‘black boxes’ of XIoT devices and truly represents a breakthrough solution for the automotive industry. We look forward to continuing our mission of delivering groundbreaking cybersecurity solutions so that organizations can protect themselves from firmware-based attacks and threats.”
Hold on, there are still a couple of bits left to unpack. For instance, we haven’t yet gotten into NetRise’s product build assurance offering. Basically, this offering enables you to perform an accurate analysis of new products and versions before deployment so to ensure safer patching and safer devices.
Founded in 2020, and currently operating out of Austin, NetRise’s claim to fame has been the fact that it was conceived by defensive cyber experts from private sector, intelligence community, and even U.S. federal government. Such solid origins would help the company put-together a line-up of services that are now being leveraged around various high-value sectors, including manufacturing, automotive, medical devices, industrial control systems, satellites, and many more.
As for CyberSecurity Breakthrough Awards, it’s an initiative to recognize and encourage the world’s best information security companies, products, and people. The stated recognition also comes from a broad range of categories like Security-as-a-Service, Managed Security, Cloud Security, Security Information and Event Management, Threat Intelligence, Behavior Analytics, Unified Threat Management, Web Security, Messaging, and Email Security, Encryption etc.