Category Archives: behavorial analytics

Forcepoint CEO: Stop focusing on tech and start focusing on people

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Forcepoint CEO Matt Monyahan says the cybersecurity industry’s focus is flawed. According to Monyahan, way too much time and effort has been spent on securing technology stacks. If the security paradigm is to change, there must be more effort placed on modifying people’s behavior when they use technology. “We have to shift,” Monyahan said at the Cybersecurity Leadership Forum, presented by Forcepoint and produced by CyberSoop and FedScoop. “Shift our programs, our policy approach, to start thinking about people and data, and not necessarily infrastructure.” Monyahan told a crowd in Washington, D.C., Wednesday that the concentration on endpoints and networks has failed to take into account that people — both regular users and nefarious ones — modify their behavior as new tech emerges. This focus has led to the escalating problems the industry has seen today, with breaches exposing people’s personal information and nation-states using the Internet to cause worldwide […]

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Behavioral analytics firm BioCatch raises $30M to expand product

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New York-based BioCatch announced a $30 million funding round Monday, with plans to boost its platform that relies on behavioral analytics to detect fraud, including identity theft and spoofed accounts. Launched in Israel, BioCatch proactively collects and analyzes more than 2,000 parameters to generate user profiles and model different types of genuine and malicious behavior. The platform measures a variety of actions, including mouse clicks, typing tendencies and swipe time on mobile. Enterprise security teams are alerted if anomalous behavior is detected, and are given the opportunity to replay sessions that are flagged as fraudulent. The company has relationships with Experian, LexisNexis Risk Solutions and Samsung SDS. It also has partnerships with U.S.-based software company Nuance Communications and U.K. based-bank NatWest. “We take pride in the track record we have amassed and the role that we play as an integral part of our clients’ identity strategy,” said BioCatch Chief Executive […]

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