Story image

Wynyard lands $3.3 million advdanced cyber analytics contract

07 Mar 16

Security software firm Wynyard Group has entered into a new agreement with a large, unnamed consulting and risk management firm, worth $3.3 million.

The agreement will see Wynyard extend its current enterprise security-as-a-service offering with Wynyard Advanced Cyber Threat Analytics (ACTA), and resell the solution to its enterprise customers where they operate their own security centre.

ACTA helps organisations detect, prioritise and present for response the highest priority threats to the organisation’s network by taking a user and entity behavioural analytics approach to the problem. It finds never-before-seen threats before they become dangerous or unsolvable problems.

Wynyard COO Paul Stokes says this contract is an extension of the partnership model Wynyard is pursuing for ACTA, targeting major security operations centres.

“Managed security service providers (MSSPs) are a target market for ACTA. They don’t lack threat information and indicators, but there’s no easy to way to tell if the alerts should truly be the highest priority,” Stokes explains.

“Now they can quickly determine what’s important, focus on real threats and investigate incidents more quickly,” he says.

“This is a growing challenge for all large corporations but more prominent for MSSPs who are managing security for many customers.”

Wynyard launched ACTA at the end of 2015, signing a contract with Telstra Corporation Limited, one of the world’s 10 largest telecom companies, which uses ACTA across its internal ICT network to assist in preventing high consequence crime. 

ForeScout acquires OT security company SecurityMatters for US$113mil
Recent cyberattacks, such as WannaCry, NotPetya and Triton, demonstrated how vulnerable OT networks can result in significant business disruption and financial loss.
Exclusive: Fileless malware driving uptake of behavioural analytics
Fileless malware often finds its way into organisations via web browsers (or in combination with other vectors such as infected USB drives).
'DerpTrolling’ faces jail time for Sony DoS attacks
A United States federal court has charged a 23-year-old man for the hacks on Sony Online Entertainment and other major companies back in 2014.
Kiwis concerned about being scammed – survey
This unease is warranted given the growing sophistication of scammers and their activities, and numbers of attempted fraud.
It's time to rethink your back-up and recovery strategy
"It is becoming apparent that legacy approaches to backup and recovery may no longer be sufficient for most organisations."
Dropbox strengthens security with raft of new partnerships
Integrations will keep customer content protected and secure with tools for controlling identity access, governing data, and managing devices.
Interview: Aruba’s NZ country manager talks channel strategy
“What we're taking to market is that message around simplification and having everything in one place.”
Companies swamped by critical vulnerabilities – Tenable
Research has found enterprises identify 870 unique vulnerabilities on internal systems every day, on average, with over 100 of them being critical.