HomeCyber BalkansTop cybersecurity startups to keep an eye on in 2023

Top cybersecurity startups to keep an eye on in 2023

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Startups in the cybersecurity space are innovating at a fast pace, with some of the latest ventures recently emerging from stealth mode. While these companies may lack an established reputation, they boast the ability to fill gaps in the market, emphasize customer relationships, and often present unique solutions that can lead to significant benefits for adopting corporations.

One of the newer players in the industry is Aembit, a cloud-based identity platform that helps DevOps and security teams manage access to federated workloads. Noting that organizations need to apply a zero-trust security framework to workload access, the startup offers secure access to essential services such as APIs and databases, resulting in reduced stress on security resources.

Another innovative newcomer is Akto, which focuses on API security. Run locally or in the cloud, its platform quickly identifies vulnerabilities during runtime and features support for key API data sources like AWS, Google Cloud, and Kubernetes. Describing itself as a provider of “trusted control/compute unit (TCU) processors”, Axiado claims its semiconductors deliver preemptive solutions to ransomware, supply chain, side-channel, and other cyberattacks against cloud data centers and computing networks.

Binarly’s SaaS Analytics Platform is designed to identify security flaws at the hardware and firmware level through deep-code inspection technology at the binary level. It then assesses and prioritizes potential issues before providing actionable advice for clients. Similarly, BoostSecurity’s DevSecOps automation platform detects and remediates vulnerabilities, allowing DevOps to work at its own pace while governing policies across a client’s code, cloud, and CI/CD flows.

BreachQuest’s Priori incident response platform quickly collects and analyzes security event data to speed recovery and scope containment during an attack. Meanwhile, sophisticated threat detection and mitigation firm Camelot Secure offers a comprehensive “offensive approach” to cybersecurity, employing a range of strategies like vulnerability assessments, cyber threat hunting, and expert analyses through machine learning.

CommandK, on the other hand, offers management solutions for the end-to-end lifecycle of sensitive data within a client’s private virtual cloud. Its platform aims to ensure zero-depended developer security while allowing for better focus on building features. Similarly, Conveyor, founded in 2021, offers a way for clients to fill in their security questionnaires quickly and easily while ensuring that sensitive data remains inside their network.

Descope’s authentication and user management platform offers a passwordless authentication solution that protects against bot attacks, account takeover fraud, and session theft by identifying risky user signals to enact a step-up authentication. The DoControl platform provides automated self-service tools for data access monitoring, orchestration, and remediation of SaaS applications, preventing sensitive information from leaving a client’s cloud instance.

Enterprise-grade digital privacy services provider Hush helps achieve workforce privacy. When implemented, employees can manage their own Hush profiles, monitor and report privacy issues, and take appropriate remediation measures, while the company makes a “privacy advocate” available via phone or online. Inside-Out Defense, another platform from 2023, claims to address privilege access abuse at scale through its determination of gaps between known and unknown abuse behaviors.

Initiatives from Interpres Security, Kintent, Naxo Labs, Nudge Security, Oligo Security, and Piiano round off the list of the most innovative cybersecurity startups. Interpres, emerging from stealth mode in December 2022, offers a platform allowing for defense surface management, showing the current security toolset’s ability to defend against potential cyber threats. Kintent’s Trust Cloud platform helps pass audits, manage risk, and complete security reviews by automating workflows and using evidence collection. Naxo Labs provides forensic and investigation services, while Nudge Security targets the management of software security for distributed workforces, notifying when new SaaS accounts are created. Oligo offers an open-source security platform that detects and prevents attacks by monitoring malicious activity at the library level. Finally, Piiano offers its Scanner product, scanning source code for personal identifiable information references, and its Vault product to secure sensitive data while allowing it to be used.

While these cybersecurity startups may be emerging ventures, they are rapidly gaining traction and results across a range of industries, delivering value on a number of fronts. As more companies adopt a zero-trust security framework, these innovative startups will continue to play a critical role in providing secure access to workloads and vital services, as well as developing novel security measures and mitigating threats.

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