and operations DALLAS (BUSINESS WIRE)
Trend
(TYO:
;TSE:
), a global leader in cybersecurity solutions, and HITRUST ,a leading security and privacy standards development, accreditation and
information risk management organization, today announced they are
partnering to launch Cysiv, a new company which provides advanced cyber
risk management as a service to select U.S. enterprises that need to
better defend themselves from cyberattacks.
Preventing data breaches and attacks is increasingly challenging and
frustrating for many enterprises as they struggle with alert fatigue,
skills shortage, product complexity and rising costs. Cysiv helps solve
each of these problems and gives executives and board members greater
confidence that they’re upholding their fiduciary duty of care to
protect their business and client data.
According to Gartner 1 , “The market is moving en masse toward
better security programs with improved threat detection. Customers want
solutions that find more threats, find them faster and, hopefully, find
them with less security staff and overall spend.”
Cysiv security and threat experts augment in-house security teams by
providing a set of advanced managed security services, including
continuous monitoring from its cloud-based security operations center
(SOC), and skillful management of solutions for hybrid cloud security,
user protection, network IPS, advanced threat detection, and deception.
Aligned with how enterprises increasingly want to consume IT, Cysiv
services are paid for monthly, with no capital expenditures, and are
based on the security services consumed, which can scale rapidly to
support changing business needs. Cysiv also offers product deployment
and digital forensics and incident response services in support of its
monitoring and management offerings.
“The AI-powered security operations and analytics platform that’s at the
heart of this new service is part of our on-going efforts to enable the
SOC with greater visibility, and to add more actionable intelligence and
automation to enterprise security,” said Eva Chen, co-founder and chief
executive officer of Trend Micro. “We’re excited by its immediate value
to Cysiv customers, and more broadly by its longer-term potential for
Trend Micro customers and partners.”
The creation of Cysiv complements Trend Micro’s core cybersecurity
business, and is designed to accelerate success for large enterprises
who may be struggling to adequately manage risk across their hybrid
infrastructure environments. Trend Micro has developed the AI-powered
platform and market-leading cybersecurity products that form the
foundation of all Cysiv monitoring and management services, and Cysiv
customers benefit from Trend Micro’s robust security research and
comprehensive threat intelligence that are based on 30 years of
accumulated knowledge and its global sensor network.
HITRUST, which is recognized as a leader in information risk management
and information sharing will contribute expertise in cyber threat
information sharing, and risk and compliance management, ensuring the
solutions are effective in addressing evolving information security
control requirements. In addition, HITRUST will help ensure Cysiv
offerings and operations meet the HITRUST CSF requirements and are
operated in accordance with appropriate US and International privacy and
security regulations such as HIPAA, PCI, GDPR.
“Insights from both our risk management and information sharing service,
clearly demonstrate that organizations of all sizes are struggling to
effectively implement and operate their cyber defenses in today’s
escalating threat environment,” said Daniel Nutkis, chief executive
officer of HITRUST. “This new venture leverages the tremendous
experience we’ve gained in conducting assessments, in managing a threat
sharing platform and ultimately helping customers manage their cyber
risks.”
For further details on Cysiv, including its leadership team and
services, please visit www.cysiv.com
1 Gartner ― Competitive Landscape: SIEM Market, Worldwide
Published: 25 May 2017 ID: G00327295
About Trend Micro
Trend Micro Incorporated, a global leader in cybersecurity solutions,
helps to make the world safe for exchanging digital information. Our
innovative solutions for consumers, businesses, and governments provide
layered security for data centers, cloud environments, networks, and
endpoints. All our products work together to seamlessly share threat
intelligence and provide a connected threat defense with centralized
visibility and control, enabling better, faster protection. With more
than 6,000 employees in over 50 countries and the world’s most advanced
global threat intelligence, Trend Micro secures your connected world.
For more information, visit www.trendmicro.com.
About HITRUST
Founded in 2007, HITRUST Alliance is a not-for-profit organization whose
mission is to champion programs that safeguard sensitive information and
manage information risk for organizations across all industries and
throughout the third-party supply chain. In collaboration with privacy,
information security and risk management leaders from both the public
and private sectors, HITRUST develops, maintains and provides broad
access to its widely adopted common risk and compliance management and
de-identification frameworks; related assessment and assurance
methodologies; and initiativ