Microsoft: Nibbling at Crime Fighting
November 20, 2018
Every year cyber crime is one the rise and digital security experts are always trying to stay one click ahead of their assailants. Microsoft is not the world’s leading expert in cyber security, but the company is investing in it. Fortune’s article, “Microsoft Pours Millions Into Startup That Nails Cybercriminals” explains more about the investment.
Microsoft invested $6.2 million in Hyas, a startup that specializes in identifying and taking down cybercriminals. Hyas’s CEO described his company’s mission as tracking down bad actors to their exact location so law enforcement can arrest them.
“In 2014, Davis founded Hyas, his third startup, out of his basement on Vancouver Island, Canada. The firm sells subscriptions to digital forensics software—called “Comox” after a town in the company’s home region of British Columbia—that helps security analysts investigate breaches.
We noted this statement:
‘Hyas is going beyond threat detection and providing the attribution tools required to actually identify and prosecute cybercriminals,’ said Matthew Goldstein, a partner at Microsoft’s M12, in a statement. He said that Hyas’s tech ‘will help take bad actors off the Internet, and lead to an overall decrease in cybercrime globally.’”
Hyas works based on its relationships with infrastructure providers and combining the insights it receives from the infrastructure providers with malware analysis, threat intelligence, and mobile data. Davis plans to use Microsoft’s investment to increase its new products and offer Hyas services to a more diverse clientele.
Whitney Grace, November 20, 2018
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