Business Vision Winter 2019 - 2020

Page 17

Poor ‘cyber hygiene’? Never fear, someone has your back international growth and operating scale, and allow the construction of new offices and product offerings. Michael Assraf, CEO and cofounder, said Vicarius’ algorithm predicts vulnerabilities and potential “zero-days” based on attack scenarios. Its TOPIA technology patches vulnerabilities and offers interim threat protection for target areas thus far unaddressed to patch latent security gaps. This preemptive approach is ideal for organisations with poor “cyber hygiene”, says Assraf. Gadi Porat of JVP Cyber Labs said the new approach safeguards any software without involving the vendor or IT teams. After a decade of limited technological breakthrough in this field, Vicarius offers a pioneering

solution to identify, manage and predict software vulnerabilities, he said. Vicarius’ US team will be based in the JVP International NYC Cyber Centre. The company claims to be the first in the detection of software vulnerabilities before a hack takes place. The system prioritises threats based on the business context, and automatically protects the software — with or without installing security patches. Vicarius was founded in 2016 and is headquartered in the JVP Media Quarter in Jerusalem. Jerusalem Venture Partners is a venture capital fund which has to date raised $1.4bn across nine funds, and has been listed as one of the world’s top-10 consistently performing VC firms.

Business Vision Winter 2019-20 Issue • www.bv.world

THE US Department of Homeland Security estimates that 90 percent of cybersecurity incidents happen because of defects in the code or design of software. In 2019, more than 17,000 software vulnerabilities were discovered — a 300 percent increase within a decade. Vicarius, founded in Jerusalem in 2016 by IT experts Michael Assraf, Roi Cohen and Yossi Ze'evi, is one of the companies offering proactive “attack mitigation” strategies. Using machine learning, the firm’s Vulnerability Assessment (VA) technology detects exposures in software — before hacks occur. The company has announced seed funding of $5m in a funding round led by Jerusalem Venture Partners (JVP), with Innovation Hub and Goldbell also investing. The funding will expand Vicarius’

Lock it up tight... but any security system is only as good as its software and code

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Review: Ethical Business

3min
page 89

Goodr as it gets

3min
pages 100-101

World Bank forecast

11min
pages 102-112

Award highlights

20min
pages 90-99

Sustainability in focus

2min
pages 86-87

EIB fights for climate

1min
page 88

Open banking explained

5min
pages 82-84

Planting the seed

1min
page 85

Rewards of e-commerce

2min
pages 80-81

Automation hits middle-tier

2min
pages 76-77

EEX buys the future

1min
page 79

Write the right post

2min
page 78

Sunny side of 2019

4min
pages 74-75

Future disruptions

2min
pages 72-73

Reinsurance challenges

12min
pages 54-59

Export aid for UK?

3min
pages 69-70

Pupils and payment

2min
page 71

Art in the workplace

4min
pages 64-65

Something from nothing?

5min
pages 66-68

OECD climate warning

4min
pages 60-63

Lisbon: Green Capital

3min
pages 50-51

What is reneging?

2min
page 52

SMEs missing out

1min
page 49

Protection for execs

8min
pages 46-48

The working week examined

7min
pages 42-44

Pensions: will they last?

2min
page 45

C-suite and digitalisation

1min
page 37

Data and democracy

5min
pages 38-41

Private equity: is it for you?

4min
pages 32-33

Heart of the Matter

3min
page 16

Bushfire insurance claims

7min
pages 26-30

Are you in the club?

5min
pages 18-21

Bezos backs e-commerce

1min
page 31

Banks facing tough times

7min
pages 22-25

Infrastructure finance

6min
pages 34-36

How's your cyber hygiene?

1min
page 17
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