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|Proofpoint Introduces New Cloud-based ObserveIT Insider Threat Management Platform with Broader People-Centric Visibility and Insider Threat Detection|
|Posted: Tue Jun 30, 2020 03:09:13 PM|
Cybersecurity leader accelerates incident response, integrates workflow, and provides cloud deployment option
Proofpoint, Inc., (NASDAQ: PFPT), a leading cybersecurity and compliance company, today announced a new, cloud-based ObserveIT Insider Threat Management (ITM) platform to provide insider risk detection, accelerated incident response, and broader unified visibility across user activity, data interaction, and threat context. Generally available today, the innovations featured in this new ITM cloud-based platform introduce a new people-centric user risk analysis paradigm that reduces risk, delivers greater ROI, and offers a truly scalable approach for modern cybersecurity teams.
“More than 30 percent of all data breaches are related to insiders – whether they be acting negligently, maliciously, or compromised by an outside actor,” said Mike McKee, executive vice president and general manager of Insider Threat Management for Proofpoint. “To help organizations combat this distinct and complicated threat, we have built on ObserveIT’s heritage as a purpose-built insider threat management solution within a modern, highly scalable and extensible cloud-native architecture. We are thrilled our insider threat customers can now leverage the full capability of Proofpoint’s world-class people-centric cybersecurity platform.”
According to the Ponemon Institute, the average global cost of insider threats rose by 31 percent in two years to $11.45 million and the frequency of incidents spiked by 47 percent in the same time period. As the way people work and interact with information rapidly evolves, the notion of traditional security perimeters subsides, leaving people as the new perimeter. It’s vital that organizations have visibility into where their critical data resides, who has access to it, and verify that those people aren’t abusing that access.
Proofpoint’s integrated people-centric security approach is a powerful solution to the challenges associated with protecting people and the critical data they work with. This integration, which is fundamental to holistically managing insider risk, combines unique real-time threat visibility, cloud app security broker (CASB) information protection, and security awareness training with the ObserveIT endpoint-based ITM platform.
The new cloud-based ObserveIT ITM innovations include: