SAN FRANCISCO, September 30, 2015 /PRNewswire/ --
enSilo, a cyber-security company providing a real-time data exfiltration prevention platform, hosted a Malware & Advanced Targeted Attacks Workshop in Singapore. The workshop was jointly presented by enSilo and ARIM Technologies in response to the increasing risk of advanced cyber-security attacks on Asian corporations and organizations. Ac.cording to the 2015 Asia Pacific (APAC) Cyber Impact Report, 44% of business respondents in the Asia Pacific region expect cyber risk exposure to increase in the next two years.
"The frequency, severity and cost of cyber-attacks is increasing worldwide and companies in the Asia Pacific region are not immune to this global cyber-threat," noted enSilo CEO Roy Katmor, "The growing amount of incidents requires more measures and knowledge. That's exactly what we addressed in this workshop - not only what cyber threats corporations and organizations should be aware of, but also the technical know-how they need to properly address trending and emerging cyber-threats."
enSilo came out of stealth mode in March, 2015 and recently announced a $10 million Series A funding round from Lightspeed Venture Partners and Carmel Ventures. The company is changing the paradigm of cyber-security by operating under the assumption that external threat actors cannot be prevented from infiltrating networks, instead focusing on preventing the exfiltration and ransoming of critical data in the event of a cyber-attack. With enSilo's unique virtual patching technique which only blocks malicious outbound communications, employees are able to continue with work as usual on compromised devices while the attack is being resolved.
The workshop was led by seasoned veterans in the cyber-security space, including three founders of enSilo - Roy Katmor (CEO), Udi Yavo (CTO), Tomer Bitton (VP Research) - as well as Ivan Goh (CEO and Co-Founder of ARIM Technologies) and Liad Mizrachi (Malware and Cyber Security Expert for ARIM Technologies). The event included a range of technical discussions and a hands-on session focusing on malware forensics in order to equip attendees with the skills, know-how and information to better prepare their businesses against the growing threat of cyber-attacks. Spots for the workshop filled up within 48 hours - a testament to the growing awareness of the need for sophisticated and robust protection against cyber-attacks in the Asia Pacific region.
"Cyber-attackers are continuously coming up with new and increasingly creative attack methods, and without the opportunity to learn about new technologies to help cope with evolving cyber threats, Asian organizations are at risk of being compromised," noted ARIM Technologies CEO Ivan Goh. "The consistent feedback that I have received through engagements with Asia-Pacific organizations is that there is a growing need for resources, knowledge and technologies to deal with advanced attacks. During this workshop, we shared both our knowledge on new attack methods as well as new technologies."
enSilo offers a real-time targeted attack exfiltration prevention platform which accurately distinguishes legitimate connections from malicious ones from the moment a connection is established. enSilo's solution provides virtual patching against advanced targeted threats, enabling employees to keep working as usual while a device compromise is being resolved. enSilo is financially-backed by Lightspeed Venture Partners and Carmel Ventures.
About ARIM Technologies
ARIM Technologies introduces innovations and next-generation technologies from start-ups around the world to the Asia Pacific market. Non-Asian enterprise start-ups' first port-of-call is usually to the West. The Asia Pacific region, with its diversified cultural and political landscape, proves to be a challenging territory for start-ups' early investments. Asian enterprise customers hence lack the opportunities to experience and invest in new technologies at the early stages of their development. ARIM Technologies strives to address this by partnering with start-ups, and introduces their innovations and technologies to Asian customers at the same time that they are introduced to their US and European counterparts.