Optiv | August 22, 2022
Optiv, the cyber advisory and solutions leader, today announced it has been awarded the first major enterprise contract under Shared Services Canada's (SSC) cybersecurity procurement vehicle (CSPV) for its network device authentication (NDA) solution, which aims to establish a collaborative environment to effectively manage device certificates across federal government IT infrastructure.
Today's workforces and their devices are more distributed than ever, leading to a rapidly expanding threat landscape. Enterprises and governments alike must be able to proactively and jointly respond to emerging cyber threats, while also providing timely and appropriate access to trusted devices.
The first of its kind, Optiv Canada's NDA solution is delivered in partnership with Venafi, the leader in securing machine identities, and Crypto4A, a next generation hybrid security platform, which manages the lifecycle of device keys for zero trust-based architectures. The combined offering allows Canada to move away from manual device management by leveraging automation to address the proliferation of interconnected devices.
"It's estimated there will be nearly 1.5 million devices connected to the Government of Canada's infrastructure at any one time within the next four years. A manual approach to network access is unsustainable and opens everyone up to operational and security risks, Our NDA project provides a new set of infrastructure-wide solutions for device authentication, allowing for automated provisioning and the capacity to adapt without expensive hardware changes."
-Optiv's Cheryl McGrath, area vice president and country general manager, Canada.
The realities of digital transformation mean that every organization, including governmental agencies, are facing unprecedented growth in the number of machines on their networks, said Kevin Bocek, vice president, security strategy and threat intelligence at Venafi. With this decision, the Canadian Federal Government is demonstrating their commitment to their vision of a strong machine identity management strategy which is essential to the security of the systems that underpin our digital world. This vision is not possible without a strong network device authentication program which is the cornerstone of identity and security.
"We thank both Optiv and Venafi for the opportunity to add value to the NDA solution. We believe new approaches to providing secure access, authentication and verification of machine identities are required for the opportunities and challenges of digital transformation in zero-trust environments."
-John Scott, Chair and CEO of Crypto4A.
With NDA, Canada is laying a secure foundation for zero trust, network access control, enhanced compliance and an improved user experience. Optiv and its partners are looking to deliver for the Government of Canada the same objective-driven outcomes it does for clients in any other vertical of business and IT operations.
Optiv Security: Secure greatnessTM
Optiv is the cyber advisory and solutions leader, delivering strategic and technical expertise to more than 7,000 companies across every major industry. We partner with organizations to advise, deploy and operate complete cybersecurity programs from strategy and managed security services to risk, integration and technology solutions. With clients at the center of our unmatched ecosystem of people, products, partners and programs, we accelerate business progress like no other company can. At Optiv, we manage cyber risk so you can secure your full potential.
CISA | August 19, 2022
IronNet, Inc. (NYSE: IRNT), an innovative leader Transforming Cybersecurity Through Collective DefenseSM and member of the Joint Cyber Defense Collaborative (JCDC), today announced it has entered into an agreement with the Cybersecurity and Infrastructure Security Agency (CISA) to share information from IronNet’s Collective DefenseSM platform to help the agency defend against increased global cyber threats.
“IronNet is proud to collaborate with CISA to strengthen our nation’s cyber defense by deploying our market-leading Collective Defense platform that uses real-time attack intelligence to defend against global cyber attacks, IronNet anonymizes this threat-related information to exchange with CISA delivering true Collective Defense while also fostering enhanced public-private situational awareness and analytic collaboration.”
-General (Ret.) Keith Alexander, Co-CEO and Founder of IronNet.
With an increase of state-sponsored bad actors targeting various industries, it is more important than ever before that IronNet’s partnership with CISA help establish a collective and coordinated defense against global cyberattacks. By sharing cyber data and information, CISA can better respond against threats looking to disrupt our “digital” way of life.
The IronNet Collective Defense platform identifies anomalous behaviors that often go undetected by alternative solutions and then uniquely delivers actionable attack intelligence to all the other participants in the IronNet community. Our differentiated platform serves as an early warning system for all participating companies and organizations, strengthening network security through correlated alerts, automated triage, and extended hunt support.
About IronNet, Inc:
Founded in 2014 by GEN (Ret.) Keith Alexander, IronNet, Inc. (NYSE: IRNT) is a global cybersecurity leader that is transforming how organizations secure their networks by delivering the first-ever Collective Defense platform operating at scale. Employing a number of former NSA cybersecurity operators with offensive and defensive cyber experience, IronNet integrates deep tradecraft knowledge into its industry-leading products to solve the most challenging cyber problems facing the world today.
About the JCDC:
CISA established the JCDC in August 2021 to unify and lead integrated public-private sector cyber defense. This diverse team proactively gathers, analyzes, and shares actionable cyber risk information to enable synchronized, holistic cybersecurity planning, cyber defense, and response.
As the nation’s cyber defense agency, the Cybersecurity and Infrastructure Security Agency (CISA) leads the national effort to understand, manage, and reduce risk to the digital and physical infrastructure Americans rely on every hour of every day.
medZERO | July 14, 2022
LG Electronics’ North American Innovation Center (LG NOVA) picked medZERO as one of the “Selected 20” startups advancing to the next stage of its Mission for the Future global challenge competition. The honor comes with $100,000 to help fund a collaboration for the next round of the competition.
The recognition is the latest for the Portland-based startup medZERO, an employer-sponsored financial wellness platform that gives employees a smarter way to pay for healthcare via on-demand access to funds to pay their out-of- pocked expenses over time at zero interest and zero fees.
In May, medZERO was one of six companies selected by the Meta Lab challenge, a prestigious competition sponsored by the Carolina Fintech Hub and MassChallenge, an international business accelerator program located in Boston.
Since securing $5.7 million in seed funding last year from Silicon Valley powerhouses True Ventures, Village Global and other angel investors, medZERO launched its app in November 2021 and has been hiring and has more than doubled its customer base.
Each of the 20 top contenders in the LG NOVA program were awarded $100,000 for proof-of-concept projects. medZERO was chosen in the Connected Health category as a company that is creating a new solution with potential to transform markets and industries, specifically as people change their perspective on new technology-based care.
“We are honored to make it to this round, LG recognized that our highly scalable, mobile payments platform leverages technology to give employees greater control over their healthcare services and spending.”
-Craig Froude, Co-Founder and CEO, medZERO.
Chosen from a group of more than 1,300 applicants, the Selected 20 will continue in the process to develop their ideas while working closely with LG NOVA’s team of innovation and entrepreneurial experts over the next couple of months—with the goal of being chosen as a Mission for the Future challenge “Top 10” finalist. To be named in August 2022, the Top 10 will have the opportunity to build their business in collaboration with LG on an accelerated path to success, with full access to LG expertise, mentorship, and from NOVA Capital Alliance and investments from LG.
Since its official launch in August 2021, the Mission for the Future challenge has invited innovators and entrepreneurs to submit their business ideas, technologies, and concepts that look to advance people, communities, and the planet. The initial “First 50” startups selected through the challenge program received access to basic business infrastructural support and networking after demonstrating exceptional proof-of-concept within emerging industries, as well as the potential for a successful partnership within the wider LG business.
Over the last few months, our work with the First 50 startups has helped us continue to refine our vision for the future as we look at new areas of growth for LG, said LG Electronics Senior Vice President for Innovation Dr. Sokwoo Rhee, head of LG NOVA. We’re inspired by all of those who have participated to date with groundbreaking, thoughtful tech innovations to drive and contribute to our collaborative community and guiding principle of ‘outside-in’ innovation. With this announcement, we’re sharing the results of our ongoing work in engaging with the startup and entrepreneur community to create impactful technologies that will lead society into the future.
medZERO is a Portland, Ore., healthcare-focused fintech company (www.medzero.com) designed to make healthcare accessible, affordable and equitable. Our employer sponsored platform provides employees instant access to funds to pay their out-of-pocket healthcare costs with no interest and no fees. Repayment is made through automatic payroll deduction and for users with Health Savings Accounts medZERO payments are pre-tax allowing them to save up to 30% on all qualified medical expenses.
About LG NOVA-
LG NOVA, the North American Innovation Center for global innovation leader LG Electronics, is a team focused on bringing innovation from the outside to LG. LG NOVA is based in Santa Clara, Calif. The center’s mission is to build, nurture and grow innovations that impact the future.
About LG Electronics USA-
LG Electronics USA, Inc., based in Englewood Cliffs, N.J., is the North American subsidiary of LG Electronics, Inc., a $63 billion global innovator in technology and manufacturing. In the United States, LG sells a wide range of innovative home appliances, home entertainment products, commercial displays, air conditioning systems, energy solutions and vehicle components. LG is 2022 ENERGY STAR® Partner of the Year-Sustained Excellence. The company’s commitment to environmental sustainability and its “Life’s Good” marketing theme encompass how LG is dedicated to people’s happiness by exceeding expectations today and tomorrow