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16 April 2015 (Source: FierceITSecurity) Huntsman, a subsidiary of Australian IT security company Tier-3, Thursday announced its entrance into the U.S. market where it hopes to challenge entrenched security and event management (SIEM) competitors. Along with the incursion, Huntsman unveiled new tech squarely positioned to capitalize on a trend seeing C-level execs demand more actionable insight regarding IT threats.
With high-profile breaches like Sony and Target creating PR nightmares, C-suite executives are making IT security a top priority. Huntsman CEO Peter Woollacott said in an interview with FierceITSecurity that this shift in prioritization is a “maturation” of the IT security space.
“When I speak to [executives] they tell me that several years ago they knew about IT security threats, but they weren’t that familiar with them, and, more importantly, they weren’t that familiar with the implications,” Woollacott said. “What they want to know is, ‘If there is a security threat, what part of my business is potentially impacted? What are you doing to fix that particular problem? And what do I need to do, relative to the other business risks that I’m facing, to remediate that problem?'”
Medium- to large-sized businesses rely on SIEMs to keep track of security logs and other IT security data. However, as companies expand or acquire other companies, multiple SIEMs can bog down the analysis process, with Woollacott’s research showing that American companies go as long as 170 days on average without recognizing potential threats.
Knowing that, Woollacott and his team are introducing a new tech called the Huntsman Unified Console that consolidates information from existing legacy SIEMs and presents the data in readable dashboards. The idea is to give the company what Woollacott calls “actionable intelligence” or easily evaluated threat vector analysis that analysts–or even execs–can use to make decisions.
Sydney, Australia, 21 November 2023 – Huntsman Security today announced its cyber security predictions for 2024, including organisations’ move to data-driven cyber security and the challenges posed by AI. The company considers why operational resilience will top the agenda in many more boardrooms, and how businesses will need to respond to these changing governance guidelines. […]Read more
Read the Huntsman Security insights into the Australian Prudential Regulation Authority (APRA) Cyber Audit findings, from a UK perspective in Financial IT – Applying an Australian Regulator’s Cyber Audit Findings, in a UK Context. Based on the insights of Piers Wilson, Head of Product Management at Huntsman Security, the article looks at the audit findings, […]Read more
Read Fear is the mind-killer: Governance key to safety in the cyber dunes a recent opinion piece on ComputerWeekly.com. The article, quoting Huntsman Security CEO, Peter Woollacott, examines the intelligence gained from cyber insurance, risk management frameworks, and the connections into cyber security and operational resilience. Click here to read the article.Read more
Sydney, Australia, 07 December 2022 Huntsman Security today announced its cyber security predictions for 2023, including the importance of cyber security posture, systematic risk management and the expected changes driven by the insurance industry. In addition, the company outlines why cyber security guidelines are likely to become more global, and why the industry needs to evolve […]Read more
The number of organizations that will be either unable to afford cyber insurance, be declined cover, or experience significant coverage limitations is set to double in 2023, according to Huntsman Security. Watch Help Net Security video here.Read more
A “perfect storm” of surging threats, economic headwinds and evolving regulations will see many organizations miss out on cyber-insurance in 2023, experts have warned. Read the Infosecurity article here.Read more
Organisations face perfect storm of evolving cyber security and compliance regulations and increased threats across the globe. Read the TEISS article here.Read more
Organisations looking to shore up their security postures face more and more barriers to obtaining cyber insurance. Read the Computer Weekly article here.Read more
Copyright © 2021MarketsandMarkets™ In a recent market-wide assessment by Analyst firm MarketsandMarkets (M&M), Huntsman Security was identified as one of the leading pervasive solutions in the security analytics space, reflecting its longevity and strength. “Pervasive players are established vendors with very strong business strategies.” M&M explain. As opposed to the product vendors who offer solutions […]Read more
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