Blockchain Press Releases
Cato Networks Revolutionizes Network Security with Real-Time, Machine Learning-Powered Protection
The combination of data science expertise, cloud resources, and Cato’s vast data lake enables real-time, ML-powered protection against evasive cyber-attacks, reducing risk and improving security.
TEL AVIV, Israel, June 27, 2023 /PRNewswire/ — Cato Networks, provider of the world’s leading single-vendor SASE platform, introduced today real-time, deep learning algorithms for threat prevention as part of Cato IPS. The algorithms leverage Cato’s unique cloud-native platform and vast data lake to provide highly accurate identification of malicious domains, which are often used in phishing and ransomware attacks. In testing, the deep learning algorithms identified nearly six times more malicious domains than reputation feeds alone. Cato’s Security Research Manager, Avidan Avraham, and Cato Data Scientist Asaf Fried presented on the use of machine learning to detect C2 communications at the AWS Summit in Tel Aviv.
Tapping Deep Learning to Stop Phishing and Ransomware Attacks
Real-time identification of malicious domains and IPs is essential to stopping phishing, ransomware, and other cyber threats. The traditional approach – relying on domain reputation feeds to categorize and identify malicious domains – has proven far too inaccurate as domain generation algorithms (DGAs) enable attackers to quickly generate new domains, which lack reputation. At the same time, users continue to click through to malicious domains mimicking well-known brands (such as microsoftt[dot]com or amazonlink[dot]online) whose lack of reputation also makes detection by reputation feeds alone unreliable.
Cato’s real-time, deep-learning algorithms address both problems. The algorithms prevent access to DGA-registered domains by identifying those new domains infrequently visited by users and with letter patterns common to DGAs. They block cybersquatting by hunting for domains with letter patterns similar to well-known brands. And the algorithms stop brand impersonation by examining parts of the webpage, such as the favicon, images, and text.
These radical advancements in network security are enabled by the cloud-native architecture of Cato’s technology. Real-time deep learning algorithms require significant compute resources to avoid disrupting the user experience. The Cato SASE Cloud provides those resources. In milliseconds, Cato inspects flows, extracts their destination domain, measures the domain’s risk, and infers the necessary results from the traffic without disrupting the user experience.
At the same time, deep learning models need extensive training data. The massive data lake underlying Cato SASE Cloud provides that resource. Built from the metadata of every flow traversing Cato and further enriched by 250+ threat intelligence feeds, the deep learning algorithms benefit from analyzing patterns across all Cato customers. Those insights are further enhanced by custom analyses derived from customers’ traffic—the result: precise, algorithmic identification of suspicious domains.
Real-time Deep Learning Yields 6X Improvement in Threat Detection
Cato Research Labs routinely observes tens of millions of network connection attempts to DGA domains from across the 1700+ enterprises using the Cato SASE Cloud. For example, of the 457,220 network connection attempts to DGA domains made in a sample period, only 66,675 (15 percent) were listed in the 250+ threat intelligence feeds consumed by Cato. By contrast, Cato algorithms identified the rest, over 390,000 additional DGA domains, a nearly six-fold improvement.
Real-time, Deep Learning: Just One Part of Cato’s Multitiered Security Protection
Cato’s real-time, deep learning algorithms are not the only way Cato detects and stops threats. The Cato SASE Cloud‘s combination of SWG, NGFW, IPS, NGAM, CASB, DLP, RBI, and ZTNA provides multitiered protection against exploitations, disrupting cyberattacks at multiple points in MITRE’s ATT&CK Framework.
The deep learning algorithms are the latest AI and ML additions to the Cato SASE Cloud. Cato has long used machine learning for offline analysis to solve problems at scale, such as OS detection, client classification, and automatic application identification. ChatGPT is also used in various ways, including automatically generating descriptions of threats for Cato’s threat catalog.
To learn more about Cato and its security capabilities, visit https://www.catonetworks.com/security-service-edge/.
CLICK TO TWEET: How do #enterprises increase their ability to detect #phishing & #ransomware attacks by 600 percent? Deploy @CatoNetworks’ #IPS, a key part of #CatoNetworks #SASE Cloud platform. https://www.catonetworks.com/news/
Supporting Quotes
Elad Menahem, senior director of security, Cato Networks
“ML and AI are essential to defending against the ever-evolving, sophisticated, and evasive cyber-attacks. But that’s easier marketed than done,” says Elad Menahem, senior director of security at Cato Networks. “ML algorithms must be trained and re-trained on high-quality data to provide value. Cato’s data lake provides an enormous advantage in that area. Its convergence of rich networking data and security sources, coupled with its sheer scale, enables Cato to train algorithms in unique ways. Our current work is only the start of AI and ML innovation.”
Asaf Fried, Data Scientist, Cato Networks
“Real-time ML must be continuously trained and updated to deal effectively with evasive attacks. A SASE cloud allows training on quality data at scale and continuous updates. Appliance-based solutions can’t offer either, making enterprises who rely on them for their network security an easier target.”
Digital Assets
- [Photo] Elad Menahem
- [Photo] Asaf Fried
- [Image] Cato Networks logo
Supporting Resources
- Read Cato Blog
- Read about Elad Menahem
- Read about Asaf Fried
- For more information about Cato’s news and activities, follow the company via Twitter, LinkedIn, Facebook, Instagram, and YouTube.
About Cato Networks
Cato provides the world’s most robust single-vendor SASE platform, converging Cato SD-WAN and a cloud-native security service edge, Cato SSE 360, into a global cloud service. Cato SASE Cloud optimizes and secures application access for all users and locations everywhere. Using Cato, customers easily replace costly and rigid legacy MPLS with modern network architecture based on SD-WAN, secure and optimize a hybrid workforce working from anywhere, and enable seamless cloud migration. Cato enforces granular access policies, protects users against threats, and prevents sensitive data loss, all easily managed from a single pane of glass. With Cato, businesses are ready for whatever’s next.
View original content:https://www.prnewswire.co.uk/news-releases/cato-networks-revolutionizes-network-security-with-real-time-machine-learning-powered-protection-301863738.html
GZIRA, Malta, Nov. 28, 2024 /PRNewswire/ — Popular iGaming content provider BGaming has secured a highly sought-after licence in Peru, marking a significant milestone in its expansion across LatAm.
BGaming’s technical system of gaming software and its engaging portfolio have been officially approved by the gambling regulator Mincetur, a national administrative authority which implements and oversees all aspects of online gaming and sports betting in Peru. By receiving the B2B certification, BGaming broadens its appeal with local licenced operators in the newly regulated market.
The licence also opens up more opportunities for BGaming to expand its business and strengthen its position in the wider LatAm region, where it has enjoyed significant attention in the last 12 months.
Marina Ostrovtsova, CEO at BGaming, said: “Securing the Peru licence marks a pivotal moment in BGaming’s global expansion. This certification not only strengthens our presence in Latin America but also underscores our commitment to bringing high-quality, immersive gaming experiences to new audiences.
“We are excited about the opportunities this will unlock, both in terms of growth and the reception of our slots in this new market.”
BGaming is a fast-growing iGaming content provider converting gambling into gaming. Thanks to an expert team and a player-driven approach, the studio creates innovative and engaging products featured on reputable platforms and 1,000+ online casinos worldwide. BGaming is the world’s first to support cryptocurrencies and offer Provably Fair games. Today the brand’s portfolio includes 100+ products with HD graphics and a clear user interface for every device. The studio is also known for its brand exclusives created in partnerships with leading operators in the industry.
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View original content:https://www.prnewswire.co.uk/news-releases/bgaming-awarded-peru-supplier-licence-302317696.html
TAIPEI, Nov. 28, 2024 /PRNewswire/ — KryptoGO, a leader in Web3 financial infrastructure, has taken another groundbreaking step to ensure unparalleled user and enterprise safety by completing a rigorous security audit aligned with industry-leading methodologies. This milestone solidifies KryptoGO’s position alongside globally trusted platforms like 1Password, Metamask, and Trust Wallet, known for their exceptional security standards.
The audit, conducted with methodologies comparable to those used for 1Password—a benchmark in secure password management—focused on ensuring KryptoGO’s mobile applications, backend systems, and API endpoints meet the highest security standards. 1Password’s robust security features, such as end-to-end encryption, zero-knowledge architecture, and constant vulnerability testing, serve as the foundation for KryptoGO’s enhanced protection framework.
Demonstrating Excellence in Cybersecurity
KryptoGO has consistently showcased its expertise in security through achievements in prominent cybersecurity competitions and hackathons. Recognized for exceptional performance in events like 2024 BlazCTF, ETH Tokyo Hackathon, and ETH Taipei Hackathon, KryptoGO has solidified its reputation as a trusted innovator.
This audit marks another significant step forward, addressing potential vulnerabilities and reaffirming KryptoGO’s ability to safeguard user assets in an increasingly complex Web3 landscape. Notably, the findings resulted in a 50% reduction in vulnerabilities compared to prior assessments, demonstrating tangible progress in security hardening.
Why Security in Web3 Wallets Matters
In the Web3 ecosystem, wallets act as critical gateways, holding sensitive keys that grant users exclusive control over their digital assets. A single security lapse can lead to catastrophic consequences, including the loss of assets and the erosion of user trust.
Recognizing this, KryptoGO employs a multi-layered approach to private key management, ensuring the highest levels of security and reliability for its users:
- Device-Level Encryption: Private keys are encrypted with a Device Encryption Key and securely stored in the device’s protected environment (Keychain for iOS and Keystore for Android). Access to these keys is tightly controlled through biometric authentication, preventing unauthorized access.
- Password Protection with Argon2: For users who opt for password backups, KryptoGO utilizes Argon2-HMAC-SHA256 with 310,000 iterations to derive an Account Unlock Key (AUK). This industry-standard process, aligned with NIST guidelines, offers robust resistance to brute-force attacks while ensuring compatibility across a broad range of devices.
- Cloud Backup with Shamir’s Secret Sharing: To enhance convenience and accessibility, KryptoGO employs Shamir’s Secret Sharing Scheme (SSS) for password-free cloud backups. This approach splits private keys into multiple fragments (Key Shares) stored across diverse platforms like iCloud and Google Drive. Restoration is possible with any two fragments, ensuring data availability without compromising security.
These measures collectively address the most critical challenges in wallet security:
- Token Integrity: Robust lifecycle management prevents impersonation or unauthorized access.
- Advanced Encryption Standards: Sensitive wallet data and transactions are safeguarded by cutting-edge cryptographic techniques.
- Resilience Against Data Loss: Diverse and secure backup options ensure users can recover their wallets without fear of permanent loss.
- Access Control Enhancements: Multi-layered authentication mechanisms safeguard accounts.
- Secure APIs: Backdoor vulnerabilities and information leaks are actively prevented.
Results That Build Trust
The rigorous Cure53 audit, leveraging white-box and gray-box penetration testing, verified KryptoGO’s resilience against security threats. Cure53’s global reputation for securing critical systems further amplifies the credibility of KryptoGO’s security achievements. The resolution of key vulnerabilities identified during the audit, including token mismanagement and API access concerns, reflects KryptoGO’s dedication to continuous improvement and operational excellence.
Raising the Bar for Web3 Security
By achieving security certifications on par with 1Password and other leading platforms, KryptoGO has set a new benchmark for wallet safety in the Web3 era. These advancements empower users to confidently manage their digital assets while positioning KryptoGO as the trusted partner for enterprises seeking high standard and scalable blockchain solutions.
About KryptoGO
KryptoGO is a pioneer in Web3 solutions, providing secure, compliant, and user-friendly wallet services. Focused on stablecoin payment infrastructure and asset management, KryptoGO empowers businesses to seamlessly transition into the decentralized economy, backed by cutting-edge technology and industry best practices.
For more information on how KryptoGO can support your Web3 business needs, please visit www.kryptogo.com or contact us directly.
Media Contact: [email protected]
Learn more: www.kryptogo.com | X | LinkedIn
View original content:https://www.prnewswire.co.uk/news-releases/kryptogo-leads-the-way-with-top-tier-wallet-security-standards-302318212.html
DUBAI, UAE, Nov. 28, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, unveiled a new candidate for a potential Bybit Spot listing via ByVotes, HPOS10I (HarryPotterObamaSonic10Inu). Voting is now open for Bybit users with an opportunity to divide a prize pool of 1,800,000 HPOS10I.
From now to Nov. 29, 8AM UTC, supporters of HPOS10I may cast their votes for the project in two simple steps: deposit eligible assets into their Bybit account to produce a holdings snapshot, and head over to ByVotes to cast their votes. With sufficient votes from the community, the project will be listed on Bybit Spot, and the voters will receive a share of the airdrop from HPOS10I.
The iconic memecoin was the first of its kind to fuse the realm of fantasy and the chaotic lure of crypto, leaving its mark in crypto history since its launch in May 2023. It is known for its vibrant community, the Sproto Gremlins, an NFT collection of 3,333 exclusive unique manifestations of HPOS10I’s egregore.
Bybit has recently revamped ByVotes to raise the bar for listing requirements and yield more power to the community. Users now have more control over the number of votes they get by increasing holdings or by referrals, while unlocking more earning potentials from project listings.
The new mechanism enhanced both project quality and community engagements. A variety of tokens have achieved 100% listing odds via ByVotes, including CHILLGUY, LUCE, and NEIROCTO, among others. Multiple projects featured exclusive airdrops for the community that helped them become listed on Bybit Spot.
ByVotes provides an arena for niche projects where participants stand to be rewarded from various prize pools if the projects they vote for succeed in getting listed status on Bybit Spot: ByVotes Spot.
#Bybit / #TheCryptoArk
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For more information, please visit: https://www.bybit.com
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
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View original content:https://www.prnewswire.co.uk/news-releases/hpos10i-lands-on-byvotes-to-get-community-backing-for-bybit-listing-302317782.html
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