Group-IB’s platform understands who your attackers are and optimizes defenses against them

SINGAPORE, June 30, 2022 /PRNewswire/ — Group-IB, one of the global leaders in cybersecurity headquartered in Singapore, has today unveiled the Unified Risk Platform, an ecosystem of solutions that understands each organization’s threat profile and tailors defenses against them in real time. Every product and service in Group-IB’s now consolidated security suite is enriched with information from a Single Data Lake, which contains 60 types of sources of adversary intelligence. The Unified Risk Platform automatically configures your defenses with the precise insights needed to provide the best possible defense against targeted attacks on the infrastructure and endpoints, breaches, fraud, brand and IP abuse.

At the heart of the Unified Risk Platform is a Single Data Lake which has the most complete and detailed insight into threat actors. Group-IB has collected the industry’s broadest range of adversary intelligence, with 60 types of sources across 15 categories. The data is gathered by and exclusive to Group-IB, providing customers with unprecedented visibility of threat actors’ operations. The raw data is enriched with context, converted into actionable intelligence, and added to Group-IB’s Single Data Lake. The patented technology is continuously refined by state-of-the-art research, science, and modeling conducted by Group-IB’s dedicated analyst teams spanning 11 cybersecurity disciplines.

The modular architecture of the Unified Risk Platform allows additional capabilities to be easily activated, providing increased protection from cybercrime without friction. A range of out-of-the-box integrations and flexible APIs enable the Unified Risk Platform to easily enhance any existing security ecosystem. When organizations need specialist support, Group-IB’s comprehensive suite of services is available for any purpose, from one-off red teaming exercises or incident response to in-life managed detection and response.

In addition to the services, every Group-IB product is powered by the platform to provide complete coverage of the Cyber Response Chain:

• Threat Intelligence provides deep insight into adversary behaviors. Threat Intelligence was independently evaluated as creating a 10% increase in team efficiency over alternative vendors and in a case study generated a 339% return on investment. 
• Managed XDR enables organizations to respond 20% faster to threats, according to an analyst study.
• Digital Risk Protection allows organizations to reduce the risk of brand-impersonating scams, digital piracy, data leaks, and more with best-in-breed protection.
• Fraud Protection was calculated by consultants to reduce the rate of false-positive fraud cases by 20% and enable 10% to 20% more fraud attempts to be detected and prevented.
• Attack Surface Management continuously discovers external assets to identify shadow IT, forgotten infrastructure, misconfigurations, and other hidden risks. As part of the Unified Risk Platform, the solution provides a threat actor’s view of the attack surface so that weak spots can be quickly and proactively strengthened.
• Business Email Protection defends corporate email from sophisticated attacks. The solution monitors for indicators of compromise, identifies malicious behavioral markers, and extracts artifacts to identify risky emails before they reach their destination.

As it revolutionizes the way money works in Southeast Asia, the neobank is strengthening a critical component of cybersecurity in an interconnected online world.

SINGAPORE, June 7, 2022 /PRNewswire/ — Noname Security, the complete proactive API security platform, has been chosen by Tonik – the Philippines’ first neobank to help safeguard a critical component of its digital platform as it seeks to address new retail lending opportunities in Southeast Asia.

Tonik has selected the Noname API Security Platform to ensure that its digital efforts, which have accelerated during the pandemic, incorporate robust cybersecurity measures that protect both the bank and its customers. According to a report by research firm Gartner, APIs will be the top attack vector for web applications in 2022.

To address this, the Noname API Security Platform provides Tonik with the means to validate the health of the APIs it uses. The neobank can now have a complete, real-time inventory and monitor active APIs efficiently as well as discover and analyze legacy and dormant APIs. The platform also enables the bank to actively test APIs before production so that it can identify potential flaws in its software development lifecycle.

Noname Security was also chosen for its ease of use, Software-as-a-Service (SaaS) licensing model, non-intrusiveness, and the ability to integrate with the bank’s back-end workflow solution.

“We chose the Noname API Security Platform after a proof-of-value test and we are happy that it meets our expectations of a top-notch API security solution,” said Arivuvel Ramu, Group Chief Technology Officer of Tonik. “It is a priority for us to ensure that APIs deliver the performance and security required for compliance as well as a great digital experience for consumers.”

“We are pleased that Tonik has placed its trust in our expertise and experience to help secure an important component of their digital business,” said PK Lim, Vice President Sales Asia Pacific at Noname Security.  

“With automated and dynamic tests built into API development, enterprises like Tonik can more effectively resolve any security issues before they take root,” he noted.

About Tonik

Tonik (www.tonikbank.com) is the first digital-only neobank in the Philippines, providing loan, deposit, payment, and card products to consumers on a highly secure digital banking platform.  The neobank operates on the basis of the first private digital bank license issued by the Bangko Sentral ng Pilipinas.  Tonik is led by a team of retail finance veterans who have previously built and scaled multiple retail banks and fintechs across the global emerging markets. It is backed by top international venture capital funds.  Tonik operates out of hubs in Singapore (HQ), Manila, Chennai, and Kyiv.

About Noname Security

Noname Security is the only company taking a complete, proactive approach to API Security. Noname works with 20% of the Fortune 500 and covers the entire API security scope across three pillars — Posture Management, Runtime Security, and API Security Testing. Noname Security is privately held, remote-first with headquarters in Silicon Valley and offices in Tel Aviv and Amsterdam.