Blockchain Press Releases

Balbix Unveils CIS Benchmark Automation

Published

1 year ago

August 1, 2023

Adds key capability to help businesses comply with new SEC regulations

SAN JOSE, Calif., Aug. 1, 2023 /PRNewswire/ — Balbix, the leader in cybersecurity posture automation, has introduced a new capability that automates CIS Benchmark requirements. With Balbix, compliance teams can not only access current and up-to-date CIS Benchmark s reports but also understand their most significant and critical assets and take steps to mitigate security risks. With Balbix, security and compliance teams can align, improving overall security outcomes for the business.

Although automating parts of CIS Benchmarks isn’t new, businesses often undertake them once a year and don’t understand how these controls reduce security risks. Often compliance teams gather data about assets using a manual scanning tool or through audits or assessments. They add any reported vulnerabilities, misconfigurations, and control information associated with those assets and compile reports in a spreadsheet for auditors to address their requirements. Usually, these steps can take several weeks or months to complete.

As the new Security and Exchange Commission (SEC) regulations take effect, businesses have to identify & disclose incidents after they are deemed ‘material’ within 4 days. Put another way, security and compliance teams must proactively understand their most significant assets and applications, determine if incidents were material, and create disclosure reports within days instead of weeks or months.

Balbix enables security & compliance teams to work in alignment. To start, compliance teams can easily validate if their assets comply with required CIS Benchmarks and other standards. These reports are always up-to-date and available on real-time dashboards. But it doesn’t stop there. Balbix highlights the most critical assets to a business, plus all vulnerabilities, misconfigurations, control failures, and security issues associated with them. Security teams can use these insights to implement CIS-recommended best practices or go beyond CIS to harden critical assets against additional attack vectors. Compliance & security can use Balbix to be continuously compliant while mitigating security risks most important for the business.

Additionally, Balbix customers can use compliance reports to strengthen risk quantification. Today, Balbix offers a risk quantification product that analyzes millions of data points from assets, vulnerabilities, misconfigurations, threat feeds, and business contexts to show security risk expressed in dollars. With the addition of compliance posture, cyber risk expressed in dollars becomes more accurate.

Daniel Gisler, CISO of Oerlikon Group, stated, “Every year, we spend several weeks manually compiling customer security or security assessment audits. CIS controls are a critical part of this requirement. With Balbix, we can automate CIS benchmarking and reporting for all major technologies: Windows, Linux, and AWS, and continuously comply with 75% fewer resource requirements. Not only can we automate reports but ensure that we efficiently reduce the attack surface.”

Gaurav Banga, CEO of Balbix, added, “Our mission at Balbix is to empower organizations in enhancing their cybersecurity posture through automation and AI. We’re elevating that mission, equipping compliance & security teams to address their concerns holistically, keeping businesses ahead in an ever-evolving threat & compliance landscape.”

To learn more about Balbix, visit https://www.balbix.com.

About Balbix

Balbix enables businesses to reduce cyber risk by quickly identifying and mitigating their riskiest cybersecurity issues. Our SaaS platform, the Balbix Security Cloud™, ingests data from businesses’ security and IT tools so they can understand every aspect of their cybersecurity posture, build a unified cyber risk model and obtain actionable insights for risk reduction. With Balbix, businesses can automate their cloud and on-premise asset inventory, conduct continuous risk-based vulnerability management and quantify cyber risk in dollars. Executives and operational teams can make cybersecurity decisions based on data, not opinions.

A rapidly growing set of Fortune 500 companies trust Balbix as the “brain” of their infosec programs and are realizing the benefits of maximally automated workflows and reducing cyber risk. Balbix was recognized in CNBC’s 2022 list of Top 25 Startups for the Enterprise and ranked #32 on the 2021 Deloitte Fast 500 North America.

MEDIA CONTACT: Hannah Mautz, [email protected]

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View original content:https://www.prnewswire.co.uk/news-releases/balbix-unveils-cis-benchmark-automation-301890288.html

Blockchain

Blocks & Headlines: Today in Blockchain

Published

4 hours ago

January 16, 2025

Peter Tolan

Blockchain technology continues to expand its reach, influencing industries far beyond its origins in cryptocurrency. From strategic collaborations to emerging trends, today’s briefing explores key developments shaping the blockchain ecosystem. Here’s the latest.

Blockchain Lobby Groups Unite for Crypto-Friendly Advocacy

In a landmark move, eight major blockchain lobby groups in the U.S. have joined forces to push for crypto-friendly policies under the new administration. With a regulatory climate expected to favor innovation in blockchain and cryptocurrency, these organizations aim to present a unified voice to influence legislation and public discourse.

The coalition’s agenda focuses on fostering technological adoption, ensuring consumer protection, and clarifying taxation policies. This collaboration highlights the growing recognition of blockchain’s potential to drive economic transformation while addressing concerns about regulation.

Source: CoinDesk

Five Underrated Layer-1 Blockchain Tokens to Watch in 2025

As competition among blockchain platforms intensifies, several Layer-1 blockchain tokens are poised to gain significant traction this year. Analysts spotlight projects that prioritize scalability, interoperability, and developer engagement as ones to watch.

While giants like Ethereum and Solana dominate headlines, emerging players are carving out niches in sectors like decentralized finance (DeFi), gaming, and supply chain solutions. These tokens underscore the innovation flourishing within the Layer-1 ecosystem.

Source: The Crypto Basic

AI and Blockchain Drive Innovation in Mining Industry

The integration of AI and blockchain technologies is revolutionizing the mining sector. Blockchain’s immutable ledger capabilities ensure transparency in supply chain operations, while AI optimizes resource extraction and predictive maintenance.

Together, these technologies address critical challenges such as environmental impact and operational inefficiency. As sustainability takes center stage, the mining industry’s adoption of blockchain and AI represents a significant leap forward.

Source: Mining Technology

The Rapid Rise of Blockchain Mini-Games

Blockchain-powered mini-games are capturing the attention of developers and players alike, thanks to their innovative use of tokenization and play-to-earn models. These games—smaller in scope but high in engagement—offer players real ownership of in-game assets and a chance to earn rewards.

The trend’s popularity stems from its low barrier to entry and appeal to casual gamers, signaling a shift in the gaming landscape. As blockchain gaming continues to evolve, mini-games are emerging as a powerful gateway to mainstream adoption.

Source: Crypto Times

Bybit and SignalPlus Announce $100,000 USDC Global Trading Showdown

Bybit and SignalPlus have teamed up to launch a global trading competition with a $100,000 USDC prize pool. The event aims to showcase advanced trading strategies while fostering community engagement within the crypto trading ecosystem.

Participants will compete across multiple trading challenges, highlighting the growing sophistication of crypto markets. This collaboration underscores the role of competitions in promoting market education and innovation.

Source: PR Newswire

The post Blocks & Headlines: Today in Blockchain appeared first on News, Events, Advertising Options.

Blockchain Press Releases

Bybit Pledges RMB 5 Million to Support Relief Efforts Following Devastating Tibet Earthquake

Published

8 hours ago

January 16, 2025

CISION (PR Newswire)

bybit-pledges-rmb-5-million-to-support-relief-efforts-following-devastating-tibet-earthquake

DUBAI, UAE, Jan. 16, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is deeply saddened by the devastating earthquake that struck Tibet earlier this week, leaving a trail of destruction and heartache.

The tragedy has claimed at least 126 lives, injured 188 people, and displaced tens of thousands as over 3,000 buildings collapsed in the remote region near the northern base of Mount Everest. In response, Bybit is committing RMB 5 million in collaboration with the Red Cross Society of China (RCSC) to support critical relief and recovery efforts in the affected communities.

The 7.1-magnitude earthquake, which struck on January 7, has caused widespread devastation, with extreme winter conditions complicating rescue operations. More than 14,000 rescue workers have been mobilized to search for survivors amid sub-zero temperatures and strong winds, highlighting the urgent need for immediate aid.

“As a responsible global leader in the blockchain industry, Bybit is committed to standing with communities in their time of need,” said Helen Liu, Chief Operating Officer at Bybit. “Our thoughts are with the survivors, the rescue teams, and the families affected by this tragic event. We hope our contribution will help provide much-needed relief and support the road to recovery.”

The donation will be directed towards essential services, including emergency shelter, medical supplies, and food aid, as well as long-term rehabilitation efforts. Bybit is proud to partner with RCSC to ensure swift and impactful assistance to those in need.

At Bybit, we firmly believe in the power of compassion and collaboration. This contribution reflects our commitment to fostering resilience and hope in the face of adversity.

#Bybit / #TheCryptoArk

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press

For media inquiries, please contact: [email protected]

For updates, please follow: Bybit’s Communities and Social Media

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View original content:https://www.prnewswire.co.uk/news-releases/bybit-pledges-rmb-5-million-to-support-relief-efforts-following-devastating-tibet-earthquake-302353395.html

Blockchain Press Releases

Bybit & SignalPlus Unveil the 100,000 USDC Global Trading Showdown

Published

16 hours ago

January 16, 2025

CISION (PR Newswire)

bybit-&-signalplus-unveil-the-100,000-usdc-global-trading-showdown

DUBAI, UAE, Jan. 16, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, and SignalPlus, an innovative social trading platform aimed at democratizing options trading for digital and crypto assets, are excited to announce the Bybit x SignalPlus 2025 Global Trading Competition. With a staggering total prize pool of 100,000 USDC, this competition promises to be the ultimate stage for traders to showcase their skills and seize lucrative rewards.

From now until February 5, 2025, 8:00 AM UTC, the competition is open to all Bybit users—excluding residents of restricted jurisdictions.. This event invites participants to engage in options, spot, or futures trading for their chance to claim a share of the impressive prize pool.

“We are thrilled to partner with SignalPlus for the Bybit x SignalPlus 2025 Global Trading Competition,” said Joan Han, Sales & Marketing Director at Bybit. “This event reflects our commitment to fostering an active and vibrant trading community. Whether you’re a novice or a seasoned trader, this competition offers a platform to enhance your trading skills and earn exciting rewards.”

Chris Yu, CEO at SignalPlus, shared his enthusiasm: “Collaborating with Bybit reflects our unwavering commitment to empowering traders with cutting-edge tools and actionable insights. This competition is a unique opportunity for participants to showcase their trading expertise and be handsomely rewarded for their achievements.”

Competition Highlights

100,000 USDC Prize Pool: Compete for your share of a massive prize pool.
Daily Rewards System: Win prizes daily, with rewards credited promptly to energize your next trades.
Team Competition: The top four (4) teams will split a 7,300 USDC prize pool. Daily, one lucky team member will win a luxury 3-day, 2-night trip to Korea or its equivalent value in USDC.
Individual Competition: The top 35 winners will share 7,702 USDC, with individual prizes ranging from 30 USDC to 2,000 USDC. Daily rankings and lucky draws offer opportunities to win up to 250 USDC.
Daily Lucky Draw: Over 21 days, 129 winners will be chosen daily, ensuring that every trade counts toward exciting rewards.
Special Bonuses: Link your Bybit API to SignalPlus for a 10 USDC rebate. Complete your first Options trade on SignalPlus to earn an additional 20 USDC rebate.

For more details on the Bybit x SignalPlus 2025 Global Trading Competition, please visit here: https://announcements.bybit.com/article/-bybit-x-signalplus-2025-global-trading-competition-returns-with-bigger-rewards-win-your-share-of-the-100-000-usdc-prize-pool–blt36f0435aff9e950f/

#Bybit / #TheCryptoArk

About Bybit

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media

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View original content:https://www.prnewswire.co.uk/news-releases/bybit–signalplus-unveil-the-100-000-usdc-global-trading-showdown-302352908.html

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