RedSeal Selected as a 2015 Red Herring Top 100 Global

Red Herring | Nov 24, 2015

Sunnyvale, CA, Nov. 24, 2015RedSeal (redseal.net), the cybersecurity analytics company, today announced it has been selected as a 2015 Red Herring Top 100 Global winner for its work helping organizations maximize digital resilience against cyber events.

 

OMB’s Cybersecurity Implementation Plan Should Measure Agency Resilience

SIGNAL | Nov 19, 2015

Following the distressing headlines that cataloged repeated cyber breaches of U.S. federal computer networks—some that compromised the personal data of millions of people—government officials have implemented a patchwork of safeguards to shore up vulnerabilities, including the identification of high value assets. The Office of Management and Budget (OMB) recently released a memo, the Cybersecurity Implementation Plan (CSIP) for Federal Civilian Agencies, which provides a multi-step plan for agencies to identify their high value assets.

RedSeal Named one of North America’s Fastest Growing Companies on Deloitte’s 2015 Technology Fast 500™

Attributes 137.4 Percent Revenue Growth to Increased Need for Digital Resilience

SUNNYVALE, CA, Nov. 13, 2015—RedSeal (redseal.net), the cybersecurity analytics company, today announced it was named to Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. RedSeal grew 137.4 percent during this period.

RedSeal’s chief executive officer, Ray Rothrock credits the increased need for digital resilience in the face of more numerous and sophisticated cyber threats for the company’s 137.4% revenue growth. He said, “All large businesses have become digital businesses, and their economic health is closely tied to their network resilience. Cyberattacks and intrusions are inevitable, and business leaders are increasingly turning to the power of security analytics to repel, contain, and remediate those attacks.”

“Amid a fierce business climate, there seems to be no shortage of new and established companies that are unlocking a seemingly unlimited potential for growth and advancement through technology’s continued disruption and proliferation across industries,” said Sandra Shirai, principal, Deloitte Consulting LLP and U.S. technology, media and telecommunications leader. “It is inspiring to witness the innovative ways that companies are incorporating emerging technologies for business gains, be it cognitive computing, or the Internet of Things. We congratulate all those ranked on this year’s Fast 500 and look forward to seeing their continued growth into 2016.”

“Through the efforts and utilization of new and emerging technologies from these companies, we are witnessing greater business demands from across almost all industries,” added Jim Atwell, national managing partner of the emerging company practice, Deloitte & Touche LLP. “We look forward to the opportunity to serve these companies as they strive to grow to the next level – be it towards introducing new solutions or entering new markets – and with it make important and long lasting impressions on the technology market as a whole.”

Overall, 2015 Technology Fast 500™ companies achieved revenue growth ranging from 109 percent to 21,984 percent from 2011 to 2014, with an average growth of 850 percent.

About Deloitte’s 2015 Technology Fast 500™
Deloitte’s Technology Fast 500 provides a ranking of the fastest growing technology, media, telecommunications, life sciences and energy tech companies – both public and private – in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2011 to 2014.

In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company’s operating revenues. Companies must have base-year operating revenues of at least $50,000 USD or CD, and current-year operating revenues of at least $5 million USD or CD. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.

About RedSeal
RedSeal provides a cybersecurity analytics platform to Global 2000 organizations that helps maximize digital resilience against cyber events. RedSeal’s advanced analytics engine creates functioning network modelstests networks to identify security risks, prioritizes needed actions, and provides critical information to quickly remediate issues. The result: measurable reduced cybersecurity risk and lower incident response and maintenance costs. With operations in North America, Europe, and Asia, RedSeal customers include leaders in finance, retail, technology, utilities, service providers, and government, all served by RedSeal’s channel partner network.

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RedSeal and the RedSeal logo are trademarks of RedSeal, Inc. All other names and trademarks are the property of their respective owners.

Press Inquiries:
Michelle Sieling
Finn Partners/Horn Group
+1 (415) 905-4013
michelle.sieling@finnpartners.com

RedSeal Named one of North America’s Fastest Growing Companies on Deloitte’s 2015 Technology Fast 500™

RedSeal Press Release | Nov 13, 2015

SUNNYVALE, CA, Nov. 13, 2015–RedSeal (redseal.co), the cybersecurity analytics company, today announced it was named to Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. RedSeal grew 137.4 percent during this period.

Time for agencies to tell OMB about high-value assets

Federal Computer Week | Nov 13, 2015

“It’s a great first step,” agreed Ray Rothrock, CEO of security firm RedSeal. “It’s a good thing CSIP asks for this.”

People On The Move – Gordon Adams, RedSeal Chief Revenue Officer

Silicon Valley Business Journal | Oct 29, 2015

Mr. Adams brings to his new role extensive experience with growth-oriented technology companies, along with a complementary blend of analytical and relationship skills

Senate Overwhelmingly Passes Controversial Cybersecurity Bill, Angering Opponents

SIGNAL | Oct 27, 2015

Cybersecurity company RedSeal Incorporated, a U.S. enterprise software company that models network security infrastructure to defend against cyber attacks, criticized the bill because it fails to solve core issues to protect against breaches, and will lead to “the erosion of trust between citizens and business and government,” said CEO Ray Rothrock. “Sharing is essential in a digital war as information is critical to winning. And, the concept of safe harbor is a powerful one, and used broadly in American business. However, in this case, the safe harbor is only between the government and business and does nothing for citizens and customers.” The bill fails to safeguard individuals’ personal information, he added. “As a business owner, under the Senate bill I may seek safe harbor by sharing information with the government, but my customers are still wondering what I’m doing to protect their information.”

RedSeal CEO Ray Rothrock to Moderate NVCA Panel, Exploring Venture-Backed Innovation in Cybersecurity

Convenor: National Venture Capital Association
Moderator: Ray Rothrock, CEO of RedSeal
Panelists:

  • Bob Ackerman, Founder and Managing Director of Allegis Capital
  • Oren Falkowitz, Co-Founder and CEO of Area 1 Security
  • Ted Schlein, General Partner at Kleiner Perkins Caulfield Byers
  • Derek Smith, Co-Founder and CEO of Shape Security

WHAT:
The venture capital ecosystem has invested more than $10 billion in cybersecurity companies since 2012. As the frequency and severity of cybersecurity attacks increase unabated, venture investment into cybersecurity startups will grow, placing venture capitalists and the entrepreneurs they support on the frontlines of our country’s cyber defense capabilities.

During the session, attendees will learn:

  • What innovation is taking place in the field of cybersecurity by venture-backed startups
  • How VCs play an important role, supporting young companies as they grow into leaders of the cybersecurity industry

WHERE:
Capitol Visitor Center – SVC-212-10
First St. NE
Washington, DC 20515

WHEN:
Thursday, October 22, 11 a.m. ET

About RedSeal (redseal.co)

RedSeal provides a cybersecurity analytics platform to Global 2000 organizations that helps maximize digital resilience against cyber events. RedSeal’s advanced analytics engine creates functioning network modelstests networks to identify security risks, prioritizes needed actions, and provides critical information to quickly remediate issues. The result: measurable reduced cybersecurity risk and lower incident response and maintenance costs. With operations in North America, Europe, and Asia, RedSeal customers include leaders in finance, retail, technology, utilities, service providers, and government, all served by RedSeal’s channel partner network.

Visit redseal.co or call 1-888.845.8169 for more information.

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RedSeal and the RedSeal logo are trademarks of RedSeal, Inc. All other names and trademarks are the property of their respective owners.

Press Inquiries:
Michelle Sieling
Finn Partners/Horn Group
+1 (415) 905-4013
michelle.sieling@finnpartners.com

BLUE vs RED – Leveling the playing field

Blue vs Red. No, not the Rooster Teeth series for the Halo fans out there. For those that do not know how the reference pertains to cyber security: Blue teams can be looked at as the good guys (cyber defenders) and Red teams are the bad guys (attackers). Not to say the Red teams are “bad guys”; their job is to identify weaknesses in order to teach and improve the capabilities of the Blue teams.

The U.S. military runs Red vs Blue cyber war games, and I had the opportunity to participate in them during my time in the Intelligence Community. I quickly learned that all war games (whether simulated kinetic wars or simulated cyber wars) are rigged to make it impossible for the Blue team to win. Reminiscent of Star Trek’s Kobayashi Maru scenario that Captain Kirk had to participate in at the Star Fleet Academy. Why on earth would you do that? So when the real thing happens you won’t be surprised and you’ll know how to handle it.

The only thing that was a shock to the U.S. military during the war of the Pacific in World War II was Kamikazes. The U.S. military had war-gamed every scenario to include a sneak attack on Pearl Harbor. They never imagined suicide attacks in that day and age so it wasn’t part of the games. But, with that single exception, they were prepared to deal with everything that occurred.

I often describe how RedSeal can help Blue teams when I give demonstrations. RedSeal’s native ability to calculate every possible access path and attack vector is basically a cheat for Blue teams. Just as Kirk defeated the Kobayashi Maru scenario by changing the rules (or cheating.) Historically, Blue teams have had to find every possible path into the network and every possible attack vector or exposed vulnerability in order to defend the network. This takes vast amounts of time and effort, and many times is impossible to achieve. The Red team only has to find one way in, and they have all the time in the world to do it.

A lot of Blue team personnel attend our conferences where they get energized about the possibilities RedSeal can open up for them. RedSeal allows the Blue teams to identify the most critical or highest risk access paths and attack vectors in the network, automatically, every day. There are other Blue teams who are known as auditors or vulnerability assessment teams. They look at snapshots of a network’s security posture and network resiliency. Typically these audits are manual, labor intensive and time consuming efforts that consist of collecting and reading network configuration files, reviewing vulnerability scan data, and performing analysis to merge the data into actionable reports. RedSeal can automate this process, turning what could take weeks or months into just a few days, so Blue teams can cover greater portions of the enterprise faster.

Then there are those sneaky Red team people.  Remember them? They only have to find one way in. I don’t get many of them openly announcing themselves at conferences but they do pop up from time to time. They ask, “Can we use RedSeal to automate the analysis to find ways in and pivot or leapfrog through the network?” Well, the answer is yes. As you move through the network and collect data, you can feed it into RedSeal to figure out your next move or moves. There is a misconception that breaches are blitzkrieg style attacks — meaning that once the attacker is in, it is game over. In fact, most of the time they have to continue to move through the network to achieve their objective — and then get out with the data without being detected. If you have a model of the network that shows where access is and is not and what vulnerabilities could be leveraged as you push deeper into the enterprise, it removes the unknowns and allows you to move with more certainty towards your goal.

RedSeal is a tool to defeat an impossible scenario. Whether it’s faster time to exploitation or to identification and remediation, RedSeal allows both Red and Blue teams to accomplish their goals faster and with more accuracy through automation. Live long and prosper!

RedSeal Builds on Market Momentum with Appointment of Industry Veteran Gordon Adams as Chief Revenue Officer

SUNNYVALE, Calif.— October 14, 2015—RedSeal (redseal.co), the cybersecurity analytics company, today announced that it’s expanding its executive suite with the appointment of industry veteran Gordon Adams as Executive VP and Chief Revenue Officer. Mr. Adams brings to his new role extensive experience with growth-oriented technology companies, along with a complementary blend of analytical and relationship skills.

“The breadth and depth of Gordon’s experience and expertise is truly amazing—he’s held a number of roles in diverse industries, and acquired matchless skills along the way,” said Ray Rothrock, chairman and CEO of RedSeal. “His leadership, experience, creativity, and enthusiasm for the role drew us to him. The whole company looks forward to his driving RedSeal to even higher success.”

Mr. Adams was most recently President and CEO (and earlier Chief Revenue Officer) at startup Zumbox, where he was brought in to drive enterprise adoption of the company’s global SaaS-based digital mail service. Before that, he spent five years at Tyco International, most recently as Senior VP for Store Performance Solutions. In that capacity, he led the team that secured an $80 million per year enterprise-wide hardware and services commitment from one of Europe’s largest specialty retailers, closed and deployed the largest item-level RFID software implementation in the retail industry, and built a new business pipeline valued at more than $200 million. Previously, he held a similar position at Vue Technology, an item-level RFID company that was acquired by Tyco International in 2008. Mr. Adams started his career at IBM as a sales executive and held executive positions with Affiliated Computer Services and EDS Corp.

“I’ve spent much of my career at larger companies, yet I’m constantly drawn to players who are disrupting the industry with new solutions and services — companies like RedSeal,” Adams commented. “Cybersecurity analytics requires a unique mix of dedication and innovation, and this is a company that clearly succeeds at both. I’m eager to help drive new opportunities and propel RedSeal to the next level of success.”

About RedSeal (redseal.co)

RedSeal provides a cybersecurity analytics platform to Global 2000 organizations that helps maximize digital resilience against cyber events. RedSeal’s advanced analytics engine creates functioning network modelstests networks to identify security risks, prioritizes needed actions, and provides critical information to quickly remediate issues. The result: measurable reduced cybersecurity risk and lower incident response and maintenance costs. With operations in North America, Europe, and Asia, RedSeal customers include leaders in finance, retail, technology, utilities, service providers, and government, all served by RedSeal’s channel partner network.

Visit redseal.co or call 1-888.845.8169 for more information.

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RedSeal and the RedSeal logo are trademarks of RedSeal, Inc. All other names and trademarks are the property of their respective owners.

Press Inquiries:
Michelle Sieling
Finn Partners/Horn Group
+1 (415) 905-4013
michelle.sieling@finnpartners.com