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Nuvolo and Mayo Clinic Collaborate to Introduce Innovative Industry-Leading OT Security Standards

Nuvolo, the workplace services company, announced a collaboration with Mayo Clinic to provide Industry-Leading Standards that will strengthen Nuvolo’s existing Operational Technology (OT) Security solution.

Nuvolo OT Security with Industry-Leading Standards will assist healthcare and other OT-intensive businesses in dealing with the rising threat of cybersecurity attacks on network-connected devices. These gadgets are becoming increasingly vulnerable to security flaws and exploits, which might have severe repercussions for patient safety.

“We are incredibly proud to collaborate with Mayo Clinic on these innovative Industry-Leading Standards for the implementation of OT device security procedures,” said Tom Stanford, CEO, Nuvolo. This structured approach ensures that medical devices and healthcare facilities are equipped with what they need to meet organizational and security requirements throughout the OT device lifecycle.”

Using a single database, Nuvolo OT Security delivers complete device context. Nuvolo OT Security matches, contextualizes, and correlates security threats and vulnerabilities using this shared data model. It then orchestrates an automatic response to issue work orders, assigns technicians and guarantee that the problem is resolved quickly.

When the capabilities of the solution are combined with the Mayo Clinic innovation, stronger OT device security will be possible for every medical device and facility system during its full lifecycle.

Noetic Cyber raises $20M Funding

Noetic Cyber, a cloud-based consistent cyber asset management and controls platform, announced that it has raised a total of $20 million in funding, including a new Series A round led by Energy Impact Partners, with current seed investors TenEleven Ventures and Glasswing Ventures participating. Given the current wave of high-profile breaches exploiting known vulnerabilities, Noetic Cyber’s solution provides security leaders with speedy time to value by leveraging automation to not only detect and highlight issues but also to fix them.

“Good cyber asset management is foundational to addressing the inherent friction between the IT and security teams, as it provides both parties with an accurate view of assets to defend, potential security gaps and priorities to address. Noetic is able to help to bridge the gap between the CISO and the IT organization, with an innovative approach to cyber asset management that provides immediate value,” said Chris Steffen, research director, information security, Enterprise Management Associates.

Noetic is not an agent-based solution; it doesn’t use API aggregation and correlation to derive insights from a variety of security and IT management solutions. Graph database technology is used by the firm to find and inventory the important entities existing in an organization’s environment, including cloud and on-premises systems, which sets it apart from others in the industry. Noetic creates a live map of those entities’ cyber links, showing cyber risk and non-compliant systems. Consistent enrichment and remediation are driven by built-in orchestration and automation, ensuring that systems are restored to their optimal state.

Niloofar Razi Howe, Senior Operating Partner, Energy Impact Partners said, “Noetic is a true market disruptor, offering an innovative way to fix the cyber asset visibility problem – a growing and persistent challenge in today’s threat landscape.”

The Noetic founders were important in the development of the security orchestration, automation, and response (SOAR) market, and they’ve applied what they’ve learned to cyber asset management to address one of the industry’s most pressing issues. The platform includes a powerful automation workflow engine that allows security teams to anticipate and respond to evolving IT and security requirements.

“Through my discussions with CISOs and security leaders, I’ve repeatedly heard that they need better visibility into their constantly changing digital infrastructure, but equally they don’t want just another dashboard of issues to address. Security needs certainty in order to automate processes, and with Noetic, we’re providing the high-fidelity source of truth that allows security teams to use automation to identify, prioritize and fix problems,” said Paul Ayers, CEO and co-founder, Noetic Cyber.

Security Information and Event Management (SIEM) – An Overview

Security Information and Event Management (SIEM) is a branch of computer security that combines Security Information Management (SIM) with Security Event Management (SEM) in software products and services. Security devices, network equipment, systems, and applications all provide event data, which SIEM technology aggregates. They analyse security alarms generated by applications and network devices in real time. Contextual information on people, assets, threats, and vulnerabilities is linked with event data for compliance or security audit purposes.

SIEM (Security Information and Event Management) is a security system that assists enterprises in identifying potential security threats and vulnerabilities before they interrupt business operations. It identifies suspicious user behaviour for threat detection and incident response.

Log Management

SIEM (Security Information and Event Management) gathers event data from a variety of sources across an organization’s network. Logs and flow data from various users like employees or clients, applications, cloud environments, assets and networks are collected, saved, and analysed in real-time, allowing IT and security teams to monitor their network’s event log and network flow data from a single centralised location. Some SIEMs link with third-party threat intelligence channels to correlate their internal security data with previously identified threat signatures and profiles. Security teams can block or identify new attack signatures by integrating with real-time threat sources.

Security Alerts and Incident Monitoring

SIEM systems can identify all devices in the IT environment since they provide centralised control of on-premise and cloud-based infrastructure. SIEM technology monitors for security incidents across all connected individuals, devices, and applications, identifying suspicious activity as it occurs in the network. SIEM systems reduce IT security teams’ average time to detect and average time to respond by offloading the manual operations involved with in-depth security event analysis.

Analytics and Event Correlation

Any SIEM solution must include event correlation as a component. Event correlation gives insights to swiftly find and mitigate possible threats to enterprise security by utilizing advanced analytics to identify and analyse complex data patterns. Administrators can be warned promptly using customizable, specified correlation rules and take appropriate action to mitigate the incident before it escalates into more serious security risks.

Investigating for Forensic Purposes

When a security issue happens, SIEM systems are suitable for performing digital forensic investigations. SIEM systems enable businesses to collect and analyse log data from all of their digital assets in one central location. This enables them to reproduce previous occurrences or evaluate new ones in order to examine suspicious activity and improve security systems.

Compliance and Regulation

SIEM solutions are a popular choice for businesses that must comply with a variety of regulations. SIEM is a powerful tool for gathering and verifying compliance data across the whole corporate infrastructure since it allows automated data collection and analysis. SIEM solutions create real-time compliance reports for compliance requirements, easing security management and detecting any violations early. 

New Advanced Real Time Threat Detection

Organizations must be able to rely on solutions that can detect and respond to both known and new security threats, given how quickly the cybersecurity environment changes. SIEM solutions can successfully mitigate newer security breaches by utilizing integrated threat intelligence feeds.

SIEM products are available as software, equipment, or managed services, and they are used to log security data and generate compliance reports. Clients’ need to analyse activity data in real time for early identification of cyberattacks, data breaches, as well as collect, store, investigate, report on log data for incident management, forensic analysis and regulatory compliance, are the Security and Information Event Management (SIEM). Taking proactive actions to check and mitigate IT security risks is critical, regardless of how big or small your company is. Enterprises benefit from SIEM solutions in a variety of ways and they’ve become an important part of optimizing security procedures.