San Diego, CA (PRWEB) March 01, 2016
CyberFlow Analytics, an emerging leader in the IoT and Cyber Security market with its Security Network Behavior Analytics solution FlowScape™, announces it was recently selected by a panel of judges from leading financial service companies to be part of the Plug and Play Financial Services Innovation Platform. Plug and Play Tech Center is a global investor and technology accelerator that specializes in growing tech startups. Headquartered in Sunnyvale California, Plug and Play’s network includes over 300 tech startups, 180 investors, and a community of leading Universities and corporate partners. Judges for the Plug and Play Fintech competition included representatives from Deutsche Bank, CapitalOne, USAA, US Bank, Santander, Mitsubishi UFJ, Sumitomo Mitsui, Deloitte, and TD Bank.
“Analytics is a great example of an area rich in innovation opportunities, especially when applied to the cyber security domain in financial services and payment systems” stated Saeed Amidi, founder & CEO, @Plug and Play Tech Center, Plug and Play Ventures, Amidzad Ventures. “We founded the Plug and Play Fintech Platform program with our financial service anchor partners to accelerate the top startups that are delivering disruptive technologies for securing the financial services industry”
CyberFlow Analytics has developed a unique approach to securing both Enterprise IT and their expanding enterprise boundaries of Internet of Things (IoT). In the IoT world and Machine-to-Machine (M2M) communication present new attack vectors that organizations are typically unaware of. Enterprises are beginning to realize that while legacy security tools like SIEMs find “known threats” in Enterprise IT domains, Network Behavioral Analytics solutions such as CyberFlow can find “unknown threats” horizontally across both Enterprise and IoT domains.
“We like collecting this type of recognition but we like protecting our customers even more. Our customers are seeking a cloud scalable software-only security analytics platform for finding unknown threats in real-time and a new approach to visualizing the threat landscape. stated Steve Nye, President and CEO of CyberFlow Analytics. “We have a truly unique solution, our customers and industry experts continue to validate this.”
CyberFlow Analytics has developed a unique approach to “streaming real-time security analytics” by becoming plug and play, zero-config solution. The solution installs in less than an hour and works out of the box. Customers enjoy a no-hassle approach with little configuration, tuning or non-stop arduous rule writing required by other solutions such as SIEMs. The FlowScape system machine-learns the normal behavior of customer networks and then through Binocular Fusion Analytics™ across many different behavioral models, detects high-risk anomalies associated with known and unknown threats. FlowScape integrates with Splunk or other SIEMs in less than 15 minutes using an easy FlowScape CyberHooks™ web services integration layer.
About Plug and Play Tech Center
Plug and Play Tech Center is the world's largest global technology accelerator and venture fund. Since inception in 2006, our program has expanded worldwide to include entrepreneurs from 24 countries, providing necessary resources to succeed in Silicon Valley. With over 350 startups and 300 corporate partners, we have created the ultimate startup ecosystem. Plug and Play provides active investments with 180 leading Silicon Valley VCs, and more than 365 networking events per year. Companies in our community have raised over $3.5 billion in funding, with successful portfolio exits including Danger, Dropbox, Lending Club, PayPal, SoundHound, and Zoosk. For more information about Plug and Play, visit http://www.plugandplaytechcenter.com.
About CyberFlow Analytics
CyberFlow Analytics develops FlowScape™ software that delivers continuous cyber security threat assessment and monitoring at scale using unsupervised machine learning and behavioral analytics. CyberFlow technology is focused on detection of Advanced Persistent Threats (APTs) and cyber breaches for the enterprise security market and the Industrial Internet of Things (IoT). The company has coined the expression “anomalytics” to describe real-time network anomaly detection using predictive analytics, threat intelligence and advanced visualization. CyberFlow was the first place winner of the Cisco Innovation Grand Challenge award at the IoT World Forum in December 2015. The company was founded and is managed by an experienced management team, which includes former CTO of AT&T Dr. Hossein Eslambolchi, former Infoblox and Cisco Systems executive Steve Nye and Tom Caldwell, former executive at Cisco Systems. CyberFlow Analytics is a privately held company headquartered in San Diego, California with offices in Silicon Valley. For more information, please visit http://www.cyberflowanalytics.com.
Tom Caldwell, +1-858-737-3642