VentureBeat: Need for secure cloud environments continues to grow, as NetSPI raises $410M

On October 5, NetSPI CEO Aaron Shilts was featured in the VentureBeat article called Need for secure cloud environments continues to grow, as NetSPI raises $410M. Read the preview below or view it online.

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In an era of cloud computing and off-site third-party services, traditional network-based security approaches simply aren’t effective. With research showing that large organizations maintain an average of 600 software-as-a-service (SaaS) applications, the modern attack surface is too vast to manage without a purpose-built attack surface management solution.

Attack surface management solutions provide a tool to automatically discover public-facing assets located outside the perimeter network, and identify vulnerabilities in shadow IT assets and misconfigured systems that hackers can exploit.  

As the need to secure cloud environments increases, these solutions are beginning to pick up more interest, with penetration testing and attack surface management vendor NetSPI today announcing that it has received $410 million in growth funding from global investment firm KKR.

The new funding demonstrates that vulnerability management is giving way to the broader, automated and decentralized approach of mitigating exploits across the entire attack surface. 

NetSPI’s answer to cloud vulnerability sprawl 

The writing on the wall is that enterprises need an approach to managing vulnerabilities that can scale to address exploits across the entire attack surface. For NetSPI, that comes down to offensive security. 

“As we look forward to this next chapter, NetSPI will continue to challenge the status quo in offensive security,” said Aaron Shilts, CEO of NetSPI. “With KKR’s support, we are well positioned to amplify our success building the best teams, developing new technologies, and delivering excellence, so that the world’s most prominent organizations can innovate with confidence.”

In effect, NetSPI provides enterprises with a solution to scan for assets in real-time, 24/7/365, using Open Source Intelligence (OSINT) and other methods. 

You can read the full article at VentureBeat!