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Home»Technology»Securing shadow IT assets from the cloud to the network’s edge, Sepio raises $22M 
Technology

Securing shadow IT assets from the cloud to the network’s edge, Sepio raises $22M 

November 4, 2022No Comments4 Mins Read
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In the case of safety, you possibly can’t defend belongings that you simply don’t see. Sadly, in an period of hybrid cloud adoption and distant working, shadow IT belongings are everywhere, within the type of apps, IoT gadgets, and cloud cases.

These belongings are all left susceptible to menace actors, which is why many suppliers are looking for to streamline the invention and administration of those belongings. 

Final month, threat administration supplier Sepio introduced it had raised $22 million as a part of a sequence B funding spherical for its Asset Danger Administration Platform, which gives safety groups with the visibility to repeatedly handle identified and unknown shadow belongings, and assign them an Asset Danger Issue. 

The brand new funding spherical brings Sepio’s complete funding raised to $37 million and gives an strategy to safe shadow IT belongings that always slip beneath the radar of conventional safety approaches. 

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Diving into the unknown 

Increasingly more enterprises are involved with the dangers attributable to unsecured IT belongings, with analysis displaying that 75% of IT and IT safety professionals within the U.S. agreeing that the usage of cloud apps and companies with out the approval of IT is a severe safety threat. 

When seeking to handle this problem, step one enterprises must take is to achieve visibility over them. 

“Essentially the most reliable supply of asset threat is precise properties on the bodily layer. Sepio’s {hardware} DNA know-how discovers all managed, unmanaged, and hidden gadgets which can be invisible to all different safety instruments,” mentioned Yossi Appleboum, CEO of Sepio. 

By discovering identified and shadow belongings, Sepio gives customers the power to observe the safety posture of those belongings from a single location, utilizing an Asset Danger Issue to determine safety dangers and handle them earlier than they are often exploited by an attacker.

“Sepio’s distinctive strategy and algorithms routinely generate an correct Asset DNA profile for each asset with routinely generated Asset Danger Elements primarily based on contextual enterprise, location, and guidelines,” Appleboum mentioned. 

As soon as these belongings are found, they will then be monitored for vulnerabilities and misconfigurations that enhance the danger of a knowledge breach. 

A have a look at IT asset administration suppliers 

Sepio is considered one of many suppliers within the IT asset administration market, which researchers valued at $2319.7 million in 2021 and estimate it should attain $3381.4 million by 2028.

One of many group’s essential opponents out there is Armis, which raised $300 million in funding final yr and achieved a $3.4 billion valuation. 

Armis gives a platform that permits safety groups to find IT belongings and keep an correct asset stock database. Customers can scan gadgets to determine data together with the producer, mannequin, IP, MAC handle, OS, and username. 

One other vital competitor out there is Axonius. Axonius gives a cybersecurity asset administration platform that creates a list of all IT belongings, so safety groups can determine misconfigurations and routinely apply safety insurance policies and customized response actions to safe them. 

Earlier this yr, Axonius closed a sequence E funding spherical with $200 million in funding and reached a $2.6 billion valuation. 

In keeping with Appleboum, the primary differentiator between Sepio and opponents is 

Its lack of reliance on behavioral components. “Sepio’s know-how isn’t influenced by behavioral perceptions that may deceive probably the most strong cyber instruments or assumptions of the impression of conduct that may drown probably the most potent cyber operations.” 

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22M assets cloud edge networks raises Securing Sepio shadow
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