LightCyber to secure networks using behavioral analytics (Photo : Getty Images/ Patrick Lux)
LightCyber, one of the many cyber security companies emerging from Israel these days has sealed a $20 million deal to secure networks using behavioral analytics.
Todays' network is under siege as attackers search for a way in. The industry lingo calls them attack vectors, but that just means a hacker finds a weak link in the network and exploits it. Once they manage to get in, they begin to do damage, but in doing so, they behave in ways that might be out of the ordinary coming from that particular machine.
According to TechCrunch, the company wants to stop those attacks by understanding "normal" network behavior while scanning for sets of anomalies that could signal an attack, says LightCyber CEO Gonen Fink.
Such strategy does not attempt to merely maintain dangerous actors out. As an alternative, it assumes that they may get in and once they do, you want to discover them as shortly as attainable. LightCyber's behavioral evaluation purports to do exactly that.
It is an intelligent sufficient concept that the corporate introduced a $20 million Series B funding at this time, a wholesome quantity of B cash within the present local weather.
The round was led by US-based group Access Industries through its Israeli technology investments arm Claltech. Existing investors including Battery Ventures, Glilot Capital Partners and Amplify Partners also participated.
Lastly, safety Business veteran Shlomo Kramer, a member of the LightCyber board of administrators additionally pitched in some cash. In the present days funding brings the entire raised to $36.5 million, in accordance to figures in CrunchBase, Info Buzz reported.
Kramer, who's greatest generally known as co-founding father of Verify Level Software program sees LightCyber as a startup dealing creatively with assaults as an alternative of merely making an attempt to shield the perimeter, a fringe that in at present's computing world does not actually exist anymore.
"LightCyber has pioneered and confirmed an approach to pinpoint community intruders by their operational actions. Corporations are simply beginning to study it, so it's nonetheless considered one of safety's greatest secrets and techniques," he stated.
LightCyber takes about two weeks to scan the client's networks to study a baseline of regular conduct throughout the community. Then, the device retains an eye fixed on the community, the endpoints and finish customers, and if it detects some uncommon exercise resembling operating purposes it doesn't often run or sending info to locations it doesn't often share with, it begins to construct an image of what's doubtless a breach and the system points a warning.
The corporate was based in 2012 and launched its first product in 2015. At this time, a few years after releasing the product it has dozens of consumers - Fink did not need to share a precise quantity - and round 70 staff.
Watch a video about behavioral analytics here:
