Neosec API security platform Recognized for ability to discover and monitor business APIs for fraud and abuse
PALO ALTO, Calif. , May 3, 2022 /PRNewswire/ — neosec has been named one of the 10 finalists in the RSA Conference 2022 Innovation Sandbox Contest for its pioneering work on a platform that continuously discovers and protects an organization’s APIs using behavioral analytics to uncover fraud or abuse. On Monday, June 6, Neosec will present its technology to a panel of renowned industry judges and a live in-person audience at the RSA Conference 2022 in San Francisco.
Since 2005, the RSAC Innovation Sandbox has served as a platform for the most promising young cybersecurity companies to showcase their innovative technologies and compete for the title of “Most Innovative Startup”. The competition is widely recognized as a catapult to success and the top 10 finalists have collectively celebrated 69 acquisitions and received $9.8 billion in investments over the past 17 years. Neosec will have three minutes to present to the panel of judges before a round of questions and answers.
“As the cybersecurity industry faces constant change and challenges, these bold thinkers are the change agents we need to protect the world against new threats,” said Linda Gray Martin, RSA Conference Vice President. “For the past 17 years, the finalists of the RSAC Innovation Sandbox Contest have made a significant impact, and there is no doubt that this year is different. We are rooting for this year’s finalists to continue the legacy of the competition with their game. changing ideas and I look forward to seeing the influence they have in the future.”
Neosec is reinventing application security by bringing XDR techniques to prevent API abuse with a powerful platform that unifies development and security teams to protect modern applications. The foundation of the SaaS platform is built on data and analytics to manage API security at scale. Neosec prevents attackers from abusing the complex web of APIs that connect businesses today. These APIs have the potential for fraud and misuse if not properly controlled. The platform allows organizations to discover each API and audit them for risks. Neosec has pioneered the use of behavioral analytics to understand normal versus abnormal API usage. It also offers powerful threat hunting capabilities. Neosec prevents hidden abuse within APIs, bringing new intelligence to application security.
“Being selected for the RSAC Innovation Sandbox is a great honor and underscores the uniqueness of our platform for discovering, monitoring and evaluating business APIs for fraud and abuse,” said Giora Engel, Co-Founder and CEO of Neosec. “APIs connect all businesses with their partners and customers while opening up a new world of potential fraud, theft and abuse. Businesses must implement new security measures to enable digital business and protect against substantial levels of risk.”
The RSAC Innovation Sandbox Contest begins at 12:00 PM PT on June 6 and winners will be announced at 3:00 PM the same day. The panel of renowned expert judges includes dorit dorproduct manager for Check Point Software Technologies; Niloofar HoweSenior Operating Partner at Energy Impact Partners; Paul Koher, Independient investigator; Shlomo Kramer, co-founder and CEO of Cato Networks; Y young Christopher, Executive Vice President of Business Development Strategy and Ventures at Microsoft. Hugh Thompson, The chair of the RSA Conference Program Committee will once again host the contest.
For more information on the RSA Conference 2022, which will take place at the Moscone Center in San Francisco from June 6-9, visit https://www.rsaconference.com/usa.
About NeosecNeosec 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. 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.
About the RSA ConferenceThe RSA Conference is the premier year-round global events and learning series for the cybersecurity community. RSAC is where the security industry converges to discuss current and future concerns and gain access to unbiased experts, content and ideas that help individuals and businesses advance their cybersecurity posture and build stronger, smarter teams. Both in person and online, RSAC unites the cyber security industry and empowers the collective “we” to confront cyber threats around the world. RSAC is the definitive marketplace for the latest technologies and hands-on educational opportunities that help industry professionals discover how to make their businesses more secure while showcasing today’s most enterprising, influential and thought-provoking cybersecurity thinkers and leaders. For the most up-to-date news related to the cybersecurity industry, visit www.rsaconference.com. Where the world talks about security.