CyCognito

History

2020: Attraction of 23 million dollars of investments

CyCognito startup within another round of investment attracted 23 million dollars on development of the platform to investigation of possible vectors of cyber attacks, reported on July 23, 2020^[1]. Earlier the company managed to attract 30 million more investments.

CyCognito is going to find vectors of cyberthreats using bots

The CyCognito platform represents network of bots which problem is scanning and identification of "digital assets" of the companies - clients of CyCognito. Digital assets are meant as the equipment and web applications available in Network - in and outside of own digital infrastructure of the company.

Using the iterative analysis based on statistical techniques, a klastering and natural language processing and also on the basis of actions of users, the platform learns to classify assets in organizational and a business context. At the exit the graph reflecting the relations between the organizations, contractors, vendors and partners and also between the cloud platforms unprotected by local assets - the equipment and web applications and also the third-party systems forms that considerably increases transparency of all these systems.

The CyCognito platform also investigates web applications, a key word and fragments of the code, logos and icons, unrolled by software - everything that can be used by malefactors as a cyber attack vector.

Using valuation methods of risks, such as testing of means of authentication, possible errors in settings, the analysis of architecture of a local network and potential channels of date leak, the CyCognito system allows to make cyber attack simulation, without making any real impact on current transactions.

The control panel for IT specialists allows to display all assets, vulnerable for the attacks, and already classified by their appointment. The monitoring system also classifies risk level for each vulnerable asset.

CyCognito notes that in a work progress with one of clients - large publishing conglomerate from 900 divisions, - the system of the company identified three times bigger quantity of digital assets, than as assumed IT personnel of the client, the corporation located. More than 80% of assets were not controlled in any way.

The sizes of digital infrastructure large (and an average too) business are sometimes like that what to control everything to people appears just it cannot do, - Oleg Galushkin, the CEO of SEC Consult Services company specifies. - Intelligent technical means become a fixed asset of monitoring of infrastructure and identification of threats. How innovative the method offered CyCognito, a question debatable is. The platform of this company - not the first and the more so not the only tool for inventory of assets, search of vulnerabilities and determination of possible vectors of the attacks in digital infrastructure of business; for example, the special niche in this direction is occupied by the monitoring of IoT-devices requiring specialized tools like IoT Inspector. In general this segment of the market differs in extremely high competition, and investments into this area go very intensively.

The competition of the market of cyber security is explained by both very active and constantly changing landscape of threats: large business constantly is exposed to cyber attacks of different degree of intensity. And any successful cyber attack inevitably leads to severe financial and reputation losses.

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