Venture Dollars Point to Growing Demand for Cyber Security
April 4, 2016
A UK cyber security startup has caught our attention — along with that of venture capitalists. The article Digital Shadows Gets $14M To Keep Growing Its Digital Risk Scanning Service from Tech Crunch reports Digital Shadows received $14 million in Series B funding. This Software as a service (SaaS) is geared toward enterprises with more than 1,000 employees with a concern for monitoring risk and vulnerabilities by monitoring online activity related to the enterprise. The article describes Digital Shadows’ SearchLight which was initially launched in May 2014,
“Digital Shadows’ flagship product, SearchLight, is a continuous real-time scan of more than 100 million data sources online and on the deep and dark web — cross-referencing customer specific data with the monitored sources to flag up instances where data might have inadvertently been posted online, for instance, or where a data breach or other unwanted disclosure might be occurring. The service also monitors any threat-related chatter about the company, such as potential hackers discussing specific attack vectors. It calls the service it offers “cyber situational awareness”.”
Think oversight in regards to employees breaching sensitive data on the Dark Web, for example, a bank employee selling client data through Tor. How will this startup fare? Time will tell, but we will be watching them, along with other vendors offering similar services.
Megan Feil, April 4, 2016
Sponsored by ArnoldIT.com, publisher of the CyberOSINT monograph
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