Application Security

Neosec Improves API Security Platform, Named Gartner Cool Vendor, Wins Numerous Awards, Expands Management Team with Key Hire

Neosec Improves API Security Platform, Named Gartner Cool Vendor, Wins Numerous Awards, Expands Management Team with Key Hire
Written by ga_dahmani
Neosec Improves API Security Platform, Named Gartner Cool Vendor, Wins Numerous Awards, Expands Management Team with Key Hire

Demand and market recognition continue to grow for Neosec as companies
Deal with the potential loss of money, data, trust and resources

PALO ALTO, Calif., June 28, 2022 /PRNewswire/ — neosec, the pioneer in discovering and identifying API threats through behavioral analytics, today announced additions to its platform to discover and assess all APIs in use by an organization and prevent fraud and abuse of business assets and processes through them. . The features reflect the rapidly growing market demand and recognition as businesses grapple with the potential loss of money, data, trust, and resources through the use of business APIs.

A new API Inventory feature allows organizations to view and have a constantly updated, unified view of all APIs in use with detailed information about each one. This centralized view is particularly important when an organization has a large number of APIs and services deployed. The new discovery experience shows which APIs saw the most recently added endpoints. You can instantly show the riskiest APIs and those that pass sensitive information within them. Detailed risk scoring, risk posture, and a quick way to view risk changes make it easy to manage large sets of APIs. Typical values ​​and top ten values ​​for any parameter can also be displayed, making it easy to understand how the APIs are used in practice.

A new automated service and endpoint risk score shows risk values ​​and risk changes for each API and endpoint. The feature enables security professionals to understand any endpoint and service along with all of its details, including its risk posture and any actions that need to be taken or prioritized. Additionally, the newly available ShadowHunt service augments the use of the Neosec platform with a team of threat detection experts to quickly respond to findings, investigate potential threats, and recommend immediate actions and solutions.

“Enterprises are quickly realizing the increasing potential for third-party or external attackers to abuse business APIs for criminal or malicious gain,” he said. Giora Engel, co-founder and CEO of Neosec. “We are continually advancing our platform to add greater visibility, understanding and protection from abuse that can take place within enterprise APIs.”

Neosec is receiving increasing industry recognition and attention from companies around the world. The company was recently named a 2022 Gartner® “Great seller” in Application Security, in addition to being selected as a finalist for the RSA Conference 2022 Innovation Sandbox Contest. Neosec was also selected as a finalist for the Award for Excellence in the best emerging technology category for the SC 2022 Awards and as Cutting-Edge IT Security Start-Up of the Year at the Global Infosec 2022 Awards.

As Neosec continues to receive recognition and accelerate its go-to-market strategy, they welcome DC Cullinane as Vice President of Sales, spearheading global sales expansion. Cullinane brings more than 20 years of sales leadership experience, previously serving in key roles such as vice president of global sales, senior director of sales, and strategic advisor for Deduce, Kasada, Shape Security, Inktomi, and ThreatMetrix.

For more information about the Neosec platform:

About Neosec

Neosec is reinventing application security with a powerful platform that unifies development and security teams to protect modern applications from threats. The foundation of the SaaS platform is built on data and analytics to manage security at scale. Neosec prevents threats from abusing the complex web of APIs that connect businesses today. The platform helps organizations discover every API and audit risk. Neosec has pioneered the use of behavioral analytics to understand normal versus abnormal API usage and offers powerful threat hunting capabilities in conjunction with a team of expert threat hunters. Neosec prevents threats and stops abuse that hides within APIs and brings new intelligence to application security. Neosec is headquartered in Palo Alto, California, with R&D in Tel Aviv, Israel. For more information, visit neosec.com.

SOURCE Neosec

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