CloudCover's "Solution Differentiators" Part Three: Our Approach to Risk Control

Our “solution differentiators” series continues with another core element of our Reimagine CyberSecurity ethos — risk control. Risk control, in the simplest terms, is the ability to make all hacking stop — and in this blog, we discuss what risk control means and how our CyberSafety CC/B1 Platform™ makes it happen.

In the first of our five-part “solution differentiators” blog series, we stated our case for Reimagining CyberSecurity in a different way — one that gets us out of the high-level, abstract solutions and down to the steps we need to take to make “no more hacking” a reality. It comes down to three key elements: risk aware, risk control, and risk transfer.

Risk awareness is what it sounds like — being thoroughly aware of every corner of your network and the threats that are a part of that landscape. If you’re aware of risk, you can control it. If you control the risk, you stop it. Risk control in cybersecurity is possible — and we’ll walk through how it works.

What do we mean by “risk control”?

Before we dive into that question, let’s play a quick game of “What If?”

What if your cybersecurity technology could:

• Respond to every detected threat automatically?
• Reject unwanted packets with pinpoint accuracy?
• Reside everywhere on your network — including the cloud?

You’d sleep a little easier at night, right? That’s risk control — the ability of a cybersecurity platform to identify an incoming threat or attack and block it automatically, at the header or handshake, before an attack can spread through a network. And that’s what our CyberSafety CC/B1 Platform™ delivers.

The CC/B1 is an Intelligent Threat Management™ platform that relies on X-NDR (extended network detection and response)/SOAR (security orchestration, automation and response) technology that collects threat data from all corners of an organization’s network (all devices, software and data — both at rest and in transit) that is streamlined into a clear “decision” algorithm. If your network feels like a sprawling suburb, we’re the aerial intelligence — the continuous, mathematic-based risk awareness of the entire network topology.

Using automated analysis to detect suspicious activity, CC/B1 acts as the Firewall Everywhere™. Most firewalls are only looking one way — at ingress traffic that’s coming into a network. CloudCover looks in multiple directions: egress traffic going out as well as laterally in all directions. This makes it easier to not only constantly inspect and analyze traffic that’s coming in, but it also makes it possible to build statistical baselines that reflect a network’s behavior.

The CC/B1 does all of this automatically — creating a way for the network to monitor itself without the need for human engagement and intervention. This is the difference between threat stopping and threat hunting — being able to be proactive, not reactive.

The data network patterns collected from our analysis are used in risk scoring, where we build actuarial models for the purpose of cybersecurity insurance. Everything we can see, we can control — and everything we can control, we can insure. We’re not just deep-packet inspecting, we’re deep-packet insuring. We’ll talk more about cybersecurity insurance and network risk transfer in our next blog.

Because the CC/B1 Platform is network security-agnostic and serves as an additional layer of protection on top of a company’s existing tech stack and cybersecurity management plan, it’s immediate risk control. CC/B1 deploys in minutes and starts demonstrating its value within 72 hours.

How well does CC/B1 control risk?

We’ve put the CC/B1 through repeated third-party penetration testing, including an evaluation by the Rochester Institute of Technology’s Eaton Cybersecurity SAFE Lab, whose assessment reported that the platform provides “significant defensive capabilities” and “successfully defended vulnerable systems” against many common cyber threats and attack scenarios.

Our next blog will build upon our approach to risk control by discussing risk transfer — and how both work together as the basis for the next era of cybersecurity insurance.

To take a closer look at our CyberSafety CC/B1 Platform and see how it can be a part of your proactive strategy for cybersecurity risk management, request a demo.