Ernst & Young (EY) and Los Alamos National Laboratory have formed a strategic alliance to deliver advanced behavioral cybersecurity tools to the commercial market.
“Cybersecurity attacks are more frequent and more sophisticated, and they destroy the trust needed to conduct business,” said Duncan McBranch, Chief Technology Officer at Los Alamos National Laboratory. “Every organization must improve its ability to detect and stop attacks as they occur and before secure data is compromised. This unique relationship with EY will improve our ability to develop and test adaptive cybersecurity technologies across both industry and government networks. Defensive cybersecurity is an area that requires strong public-private partnerships to shift the balance.”
The alliance comes at a watershed moment when increasingly sophisticated cyberattacks are inflicting significant economic, social and even political damage to U.S. organizations. The tools developed by Los Alamos and delivered to the private sector exclusively by EY can help counter these threats by detecting them before they do deep and lasting damage.
The first product to be introduced through the alliance will be PathScan, a network anomaly detection tool that searches for deviations from normal patterns of communication that might be indicative of an intrusion. Until now, PathScan has been exclusively used in the government sector, but will be available to private companies for the first time.
By virtue of its introduction to the marketplace, PathScan immediately becomes one of the most advanced cybersecurity tools available based on its behavioral analysis approach to detecting threats. The tool is designed to detect threat actors once they have breached an organization’s perimeter, before they can inflict serious damage.
PathScan’s shift to the commercial marketplace was aided by the Transition to Practice (TTP) program, an initiative of the Department of Homeland Security Science and Technology Directorate.
While many companies are investing heavily on prevention tactics, not enough are focused on detecting the inevitable breach. According to the most recent EY Global Information Security Survey, more than half (56%) of executives said their company would be unlikely to detect a sophisticated cyberattack.
“Organizations must accept that no defense will keep out a determined hacker. This shift in understanding—that a cyberattack is not a matter of if, but when—means companies must detect threats as soon as their perimeter has been breached and take appropriate action,” said Siobhan MacDermott, principal, Cybersecurity, Ernst & Young. “The stakes have never been higher as breaches can impact everything from revenue and stock price to intellectual property and reputation. The seriousness of the cybersecurity threat facing corporate America requires the use of such security-sensitive tools developed by
The alliance with Los Alamos follows the launch of the EY Managed Security Operations Center (SOC), which uses advanced analytics to predict and prevent future cyber threats world wide. Announced this past June, the global EY organization plans to invest more than $20 mil in its Managed SOC and increase the number of EY cybersecurity professionals six-fold by 2020 as part of its mission to protect clients against cyberattacks.
Ernst & Young
Los Alamos National Laboratory
Filed Under: Commentary • expert insight, TECHNOLOGIES + PRODUCTS, Cybersecurity