Fenix24 Acquires vArmour to Boost Cyber Resiliency Services
Fenix24 this week acquired vArmour to add an ability to detect the relationship between software, as part of an effort to extend the services it provides to enable organizations to recover faster from a cyberattack.
Accessed via a software-as-a-service (SaaS) application platform, vArmour analyzes telemetry and metadata to identify and continuously monitor dependencies that exist within a software environment.
Fenix24 CEO Mark Grazman said armed with those insights it then becomes easier for the teams of IT and cybersecurity experts the company makes available to bring application environments back online.
That capability is critical because the single biggest cost of any cybersecurity attack is the amount of downtime experienced in an age where organizations are more dependent than ever on IT platforms to drive revenue, he added. In many instances, organizations are waving into ransomware demands simply because it would take them too long to reinstall pristine versions of their application environments, noted Grazman.
The acquisition of vArmour will make it easier and faster to deploy first the most critical software an organization needs to function, he added.
Fenix24 is squarely focused on enabling organizations to increase their cyber resiliency at a time when it’s only a matter of time before there is a major cybersecurity incident. Most organizations don’t have the skills and expertise required to quickly recover from these attacks so they can rely on Fenix24 to augment their internal IT and cybersecurity teams in a time of critical need, said Grazman.
Additionally, Fenix24 will also ensure that best practices, such as backup and recovery, are in place to ensure that in the event of, for example, a ransomware attack an organization can access the data needed to recover quickly.
It’s not clear just how more focused organizations are today on cyber resilience. There is still a tendency to invest more in tools and platforms that will hopefully thwart cyberattacks. However, when the panic inevitably manifests in the wake of a cybersecurity breach, it’s the level of preparedness that makes all the difference. The longer it takes to respond the more costly the damage inflicted becomes.
Of course, most internal IT and cybersecurity teams have a lot of confidence in their own skills and expertise. However, not having a recovery plan in place is essentially planning to fail. The challenge is there is often a divide between the responsibilities of the cybersecurity teams that discover breaches and the IT teams responsible for implementing the fixes required to remediate them. A service should enable organizations to more prescriptively close that gap. That challenge, as always when it comes to cybersecurity, is justifying a cost of investment (ROI) that only manifests value if there is an actual crisis.
Alas, there is no shortage of victims of cyberattacks who would have done many things differently if they earlier truly appreciated what needed to be done to recover. Hopefully, other organizations are learning those lessons now without having to attend the same school of hard knocks.
