New Technology Helps Companies Avoid Fate of Equifax

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Singularity Networks introduces a real-time visibility and analytics product for businesses to identify exfiltration and other critical security risks. Now available through a multi-tenant MSP platform, businesses of all sizes can quickly solve data risk problems and fully-integrate a customized solution to keep their networks (and their customer data) safe.

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When someone takes your customers’ private data, it’s no longer theirs. Many companies will pay dearly to get that information back and avoid public exposure.

Singularity® Networks announces its flagship product, Elevation™, is now generally available as a multi-tenant Managed Service Provider (MSP) platform. Elevation™ MSP offers businesses next-generation visibility into security while maintaining the ability to control their own data without the centralized risk that solutions which rely on the Public Cloud introduce.

“The average time a hacker is inside a network is over four months before they act,” notes Singularity Networks CEO and founder, Dave Mitchell. “During this time, they are siphoning data, manipulating systems, and lurking around while the company isn’t aware. When companies can clearly see what’s happening inside their networks, they can take action and keep customer information secure.”

Elevation™ MSP solves one of the most prevalent security risks, Exfiltration (when data is siphoned out from a network, unbeknownst to the customer), as was the case in Target Stores (2013), Yahoo (2013-2014), JP Morgan Chase (2014) and most recently, Equifax (2017). Singularity Networks is empowering MSP partners to proactively identify and remediate exfiltration events for their customers.

“Exfiltration of data is one of the most expensive problems a business can endure,” says Bill Sella, CTO of Singularity Networks. “When someone takes your customers’ private data, it’s no longer theirs. Many companies will pay dearly to get that information back and avoid public exposure.”

The Singularity Networks Elevation™ MSP platform has successfully launched with several clients, enabling growth and market penetration through third party service providers. MSPs can now offer new capabilities to their clients, including a security and visibility solution not previously available in the market, which integrates seamlessly into their existing solutions. This empowers the MSPs to help their customers more effectively manage their risk.

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