Secureworks Discovers Identity Risks in Under 90 Seconds

Rhea-AI Summary

Secureworks (NASDAQ: SCWX) has launched Taegis™ IDR, a new Identity Threat Detection and Response (ITDR) solution that can discover identity-related risks and misconfigurations in under 90 seconds. This addresses a critical issue affecting 95% of organizations. The solution leverages AI and machine learning to detect, prioritize, and respond to identity-based threats across an organization's environment and the dark web.

Key features of Taegis IDR include:

• Continuous scanning of Microsoft Entra ID environments
• Monitoring for exposed credentials on the dark web
• Detection of abnormal user activities
• Protection against various identity-based threats
• Automated response actions
• Integration with Secureworks' XDR platform

The launch comes as identity-based attacks have seen a significant increase, with a 688% rise in stolen credentials offered for sale on dark web marketplaces over the past three years.

Positive

• Launched Taegis IDR, capable of discovering identity risks in under 90 seconds
• Addresses a critical issue affecting 95% of organizations
• Protects against 100% of MITRE ATT&CK Credential Access techniques
• Integrates with Secureworks' XDR platform for comprehensive security

Negative

• None.

Insights

Cybersecurity Expert

Secureworks' new Taegis IDR solution marks a significant advancement in identity threat detection and response. The 90-second benchmark for discovering identity risks is impressive, potentially revolutionizing how organizations manage their cybersecurity posture. This speed is important in today's fast-paced threat landscape.

The 688% increase in stolen credentials on dark web marketplaces underscores the growing threat of identity-based attacks. Taegis IDR's ability to monitor both internal environments and the dark web provides a comprehensive approach to identity protection.

However, the real game-changer is the integration of ITDR with XDR in a single platform. This unified approach could significantly enhance overall security effectiveness, reducing the complexity often associated with managing multiple security solutions.

Financial Analyst

For Secureworks (NASDAQ: SCWX), this product launch could be a significant revenue driver. The identity security market is rapidly growing and Taegis IDR's unique features position it well against competitors. The 95% misconfiguration rate in Microsoft Entra ID environments represents a vast addressable market for Secureworks.

Investors should note the potential for increased recurring revenue through this SaaS-based solution. The integration with Secureworks' existing Taegis XDR platform could also drive upsells and improve customer retention. However, it's important to monitor adoption rates and customer feedback in the coming quarters to gauge the product's market traction and impact on Secureworks' financial performance.

AI and Machine Learning Specialist

The implementation of advanced AI and machine learning in Taegis IDR is noteworthy. These technologies enable real-time threat detection and automated response, which are important in combating rapidly evolving cyber threats. The system's ability to detect abnormal activity associated with stolen credentials demonstrates sophisticated behavioral analysis capabilities.

However, the true test will be in its accuracy and false positive rates. Advanced AI systems can sometimes generate false alarms, which could lead to alert fatigue. It's important to monitor how Secureworks refines its AI models over time to improve precision. The integration of AI with threat intelligence and broad visibility across various systems could provide a significant competitive edge if executed effectively.

New Taegis™ IDR solution stops identity-based attacks in real time

ATLANTA, Aug. 28, 2024 /PRNewswire/ -- Secureworks®, (NASDAQ: SCWX), a global leader in cybersecurity, today announced a new industry benchmark of 90 seconds to discover identity related risks and misconfigurations*, an issue that impacts 95% of organizations.  Launched today, Secureworks Taegis™ IDR, a new Identity Threat Detection and Response (ITDR) solution, proactively closes security gaps by leveraging advanced AI and machine learning, to automatically detect, prioritize and respond to identity-based threats across an organization's environment and the dark web.

Identity remains one of the top three access vectors for ransomware and in the last three years, Secureworks Counter Threat Unit™ (CTU™) has observed a 688% increase in stolen credentials offered for sale on one of the dark web's largest marketplaces. Analysis of Microsoft Entra ID (formerly Microsoft Azure Active Directory) environments by the Secureworks Incident Response team has revealed that 95% are misconfigured, opening the door for cyber criminals to escalate privileges and carry out identity-based attacks. It's clear that the risk around identity is the unsolved puzzle of cyber, creating opportunities for threat actors to exploit and cause havoc.  

"Taegis IDR has significantly improved visibility into our identity risks. Having a centralized view within our XDR platform enables us to feed the identity and misconfiguration risks Taegis IDR has spotlighted into all our security programs, therefore improving our overall organizational cyber posture and reducing risk," said Richard Hay, Information Security Director, First Community Bank.

"Identity is the fuel of the cybercriminal ecosystem and today we're cutting off their supply," stated Kyle Falkenhagen, Chief Product Officer, Secureworks. "Taegis IDR constantly monitors an organization's environment and the dark web to automatically prevent, detect, prioritize and respond to identity-based threats that bypass traditional identity security controls. Unifying identity protection with the latest threat intelligence, AI, and broad visibility across endpoints, cloud and other applications, Taegis IDR uncovers misconfigurations to improve identity security posture with speed and precision."  

Taegis IDR protects against 100% of MITRE ATT&CK Credential Access techniques**, including kerberoasting, password spraying and brute force attacks. Taegis IDR includes the following capabilities:

• Reduces identity attack surfaces: Continuously scans Microsoft Entra ID environments to identify misconfigurations and security gaps.
• Decreases risk of leaked or stolen credentials: Monitors and alerts when credentials have been exposed in data breaches or on the dark web.
• Identifies risky user behaviors: Monitors for abnormal activity associated with the use of stolen credentials.
• Provides full visibility into identities: Within 90 seconds organizations have visibility of identities across systems, allowing teams to work effectively to address exposures before they can be exploited.
• Protects against identity-based threats: Detects credential compromise, insider threats, kerberoasting, password spraying, lateral movement, account takeover, brute force attacks and more before they can impact the business.
• Accelerates response to identity threats: Leverages automated playbooks to take immediate response actions including disabling a user, forcing a password reset, locking an account and revoking a session.
• Unifies ITDR and extended detection and response (XDR): Delivers comprehensive prevention, detection and response in a single cybersecurity platform.

For more information, please click here.

About Secureworks

Secureworks (NASDAQ: SCWX) is a global cybersecurity leader that secures human progress with Secureworks® Taegis™, a SaaS-based, open XDR platform built on 20+ years of real-world detection data, security operations expertise, and threat intelligence and research. Taegis is embedded in the security operations of thousands of organizations around the world who use its advanced, AI-driven capabilities to detect advanced threats, streamline and collaborate on investigations, and automate the right actions.

* Average time to detect identity exposures calculated based on existing Secureworks customer data
**Based on Taegis detection capabilities mapped to the MITRE ATT&CK framework

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/secureworks-discovers-identity-risks-in-under-90-seconds-302232794.html

SOURCE Secureworks, Inc.

FAQ

What is Secureworks' new ITDR solution called and what does it do?

Secureworks' new ITDR solution is called Taegis IDR. It can discover identity-related risks and misconfigurations in under 90 seconds, and uses AI and machine learning to detect, prioritize, and respond to identity-based threats across an organization's environment and the dark web.

How has the prevalence of stolen credentials on the dark web changed in recent years, according to Secureworks (SCWX)?

According to Secureworks (SCWX), there has been a 688% increase in stolen credentials offered for sale on one of the dark web's largest marketplaces over the last three years.

What percentage of Microsoft Entra ID environments are misconfigured, according to Secureworks' (SCWX) analysis?

According to Secureworks' (SCWX) analysis, 95% of Microsoft Entra ID (formerly Microsoft Azure Active Directory) environments are misconfigured, potentially allowing cybercriminals to escalate privileges and carry out identity-based attacks.

What are some key features of Secureworks' (SCWX) Taegis IDR solution?

Key features of Secureworks' (SCWX) Taegis IDR solution include continuous scanning of Microsoft Entra ID environments, monitoring for exposed credentials on the dark web, detection of abnormal user activities, protection against various identity-based threats, automated response actions, and integration with Secureworks' XDR platform.