San Francisco, CA, Oct. 03, 2018 (GLOBE NEWSWIRE) -- TruSTAR, a leading cyber intelligence platform built for security and fraud teams, today announced that it won four prestigious Cyber Defense Global Awards for 2018 from Cyber Defense Magazine.The Cyber Defense Global Awards recognize new and unique technologies in information security and are evaluated by an independent panel of CISSP, FMDHS, and CEH-certified security professionals. TruSTAR was named the winner in four categories: CEO of the Year, Next-Gen Threat Intelligence, Cybersecurity Blockchain, and InfoSec Startup of the Year.
“TruSTAR is proud to be recognized for our work to advance cyber intelligence exchange. In 2018 we’ve experienced rapid growth, building our customer base by 30 percent, nearly doubling our team, and expanding our product capabilities beyond threat intelligence to new use cases like fraud, incident response and phishing,” said Paul Kurtz, co-founder and CEO of TruSTAR. “TruSTAR is creating a net-new behavior change in the cyber battlespace, forging new pathways to exchange and operationalize cyber intelligence data to reduce time to detect and accelerate investigations.”
CEO of the Year: Kurtz was recognized as CEO of the Year for his role in advocating for TruSTAR’s “Connective Defense” approach to cyber intelligence. Paul has been the internal champion of making collaboration and sharing easier for TruSTAR’s Fortune 500 end-users through the development of product features like Enclaves, source scoring, data normalization, user permissions and governance, and chat.
Next-Gen Threat Intelligence:TruSTAR was selected for its unique “Connective Defense” approach to cybersecurity, which fuses threat intelligence, fraud, and physical security data into the platform for increased data correlation and collaboration across teams. Unique to its industry, TruSTAR champions a completely new approach to threat intelligence, encouraging intelligence exchange among trusted peer groups to get higher-fidelity data. Over 50 of the companies listed on the Fortune 500 use TruSTAR, and the platform hosts more than 400 companies and five million unique data points as known indicators of compromise.
Cybersecurity Blockchain Leader:TruSTAR is the first intelligence platform on the market to track Bitcoin addresses as an indicator of compromise (IOC). This feature was showcased at Black Hat and DEF CON 2018, where TruSTAR’s data science team presented the only blockchain research tool selected for both research villages. Bitcoin public ledger data can be used as a marker of malware traction because it is frequently used as a payment method in ransomware campaigns due to its pseudo-anonymous nature and its ability to be easily transferred across state and national territories.
InfoSec Startup of the Year:TruSTAR was recognized for its value in hosting verified cyber intelligence data on its platform, bringing real-time contextual awareness of specific hacking campaigns to its users. TruSTAR’s intelligence platform uses Enclaves to streamline collaboration and provide enrichment from clients’ trusted data sources, ensuring analysts can surface the right intel at the right time. Enclaves allow companies to operationalize threat intelligence data shared from external sources like commercial feeds, OSINT and ISAC/ISAO data, and then correlate it against their own historical data to surface the most relevant intelligence and attacks.
About TruSTAR
TruSTAR is an intelligence platform that helps organizations leverage multiple sources of intelligence and fuse it with their own historical event data to prioritize and enrich investigations. Built for security and fraud teams, TruSTAR uses machine learning and automation to operationalize data throughout an analyst’s workflow, freeing up time for higher-priority events. The most valuable security data is often locked inside silos in and across companies. TruSTAR breaks down these silos with its Enclave knowledge management architecture. Enclaves give complex teams customization, integration, and granular access controls that enable collaboration. TruSTAR is the technology infrastructure that powers many of the U.S.’s largest ISACs and ISAOs, and has enterprise customers that span across Finance, Retail, Healthcare, Aerospace, and IT. Learn more at www.trustar.co and follow us on Twitter at @TruSTARtech.
About CDM Global Awards
This is Cyber Defense Magazine’s sixth year of honoring Cyber Defense innovators. The Global Awards are designed to find winners in as many countries as possible. The submission requirements are for any startup, early stage, later stage or public companies in the INFORMATION SECURITY (INFOSEC) space who believe they have a unique and compelling value proposition for their product or service, with a balance of those located in North America, Latin America, Europe, Asia, Africa and the Middle East. More details at http://www.cyberdefenseawards.com.
About the Judging
The judges are CISSP, FMDHS, and CEH-certified security professionals who voted based on their independent review of the company submitted materials on the website of each submission including but not limited to data sheets, white papers, product literature and other market variables. CDM has a flexible philosophy to find more innovative players with new and unique technologies, than the one with the most customers or money in the bank. CDM is always asking “What’s Next?” and looking for Next Generation Cyber Defense solutions.
About Cyber Defense Magazine
With over 1.2 Million annual readers and growing, Cyber Defense Magazine is the premier source of IT
Security information. CDM is managed and published by and for ethical, honest, passionate information security professionals. Their mission is to share cutting-edge knowledge, real-world stories and awards on the best ideas. If you have any questions regarding information in these press releases please contact the company listed in the press release. CDM is a proud member of the Cyber Defense Media Group.
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