Austin, TX, USA, February 4th, 2025, CyberNewsWire
SpyCloud’s Identity Threat Protection solutions lead a comprehensive approach to security, identifying hidden identity exposures and enabling quick automated remediation.
SpyCloud, a prominent identity threat protection company, has introduced groundbreaking innovations in its lineup, pioneering the move towards holistic identity threat protection. By utilizing its extensive darknet data collection with automated identity analytics to connect malware, phishing, and breach exposures across individuals’ past and present work and personal personas, SpyCloud empowers security and fraud prevention teams to uncover hidden identity assets, address exposures promptly, and enhance their business protection against previously unknown threats.
While identity security vendors have typically concentrated on securing corporate accounts, leaving organizations vulnerable to cybercriminals exploiting broader identity exposures of employees, consumers, and suppliers, a shift to an identity-centric perspective is crucial as identity exposures continue to expand. Research by SpyCloud indicates that the average individual may have up to 52 unique usernames/emails and 221 passwords exposed on the darknet across their online personal and professional identities.
The consequences of these exposures are significant, with nearly a quarter of data breaches resulting from compromised identity data. Credential attacks have led to $4.81 million in related costs per breach and have taken the longest to identify and contain.
SpyCloud’s holistic identity threat protection tackles these challenges by encompassing an individual’s complete online presence. This innovative approach empowers security teams to proactively guard against previously unseen risks, including darknet exposures of stolen identity and authentication data concerning employees, consumers, and suppliers that have been beyond their visibility until now.
“The cybersecurity industry has devoted years and billions of dollars to securing accounts, but criminals have advanced beyond account-level access,” stated Ted Ross, SpyCloud’s CEO and Co-Founder. “The identity security industry’s dirty secret is that efforts to secure the perimeter fail because they focus on accounts, whereas bad actors target the full range of users’ holistic identities. These sprawling identities, exposed through breaches, infostealer infections, and phishing attacks, create shadow data that traditional tools cannot handle.”
Ross further explained, “SpyCloud changes the game by providing unmatched visibility into the same data criminals exploit, enabling organizations to address exposures across users’ entire online personas. This gives security leaders the advantage to act on threats that were previously out of reach.”
Key Innovations Supporting SpyCloud’s Holistic Identity Threat Protection
- Enhanced analytics for actionable insights on exposed identities: SpyCloud utilizes advanced data science and proprietary technology to dynamically correlate billions of recaptured darknet data points, offering a broader and more accurate view of identities. By linking authentication data, financial data, and personally identifiable information (PII), SpyCloud reveals hidden relationships across seemingly unrelated accounts continually and at scale.
- Rapid automated remediation in under 15 minutes: SpyCloud’s holistic identity portfolio now allows swift, automated remediation within enterprise security ecosystems, including EDR, IdP, SOAR, and SIEM tools. This enables security teams to mitigate threats within 15 minutes of detection, reducing risk without overburdening resources or operational capacity.
- Malware reverse engineering for combating ransomware: Specializing in tracking and analyzing malware, SpyCloud offers deep insights into prevalent infostealers like Lumma C2, Redline Stealer, Vidar, and more, as they often precede ransomware attacks. Through advanced malware reverse analysis, SpyCloud provides extensive visibility into malware-exposed data, aiding organizations in identifying compromised devices, users, and applications, and closing critical security gaps, including those arising from unmanaged or under-managed devices used by employees, contractors, and vendors.
- Accelerated cybercrime investigations: SpyCloud’s Investigations solution, utilized by cyber threat intelligence (CTI) teams, security operations, fraud and risk prevention analysts, and law enforcement globally, incorporates automated identity analytics to unveil the full extent of digital identity exposures, expediting complex cybercrime investigations into threat actor attribution, insider risk (including potential hiring fraud), and supply chain risk analysis from days or hours to minutes.
SpyCloud Sets a New Benchmark for Identity Security
SpyCloud advocates for the shift to holistic identity security, drawing on almost a decade of experience and the industry’s most extensive repository of recaptured breach, malware-exfiltrated, and successfully phished data. Its holistic identity perspective offers a comprehensive view of exposed identity information – from credentials and PII to financial data and sensitive digital assets.
“SpyCloud’s innovative identity threat protection is crucial in the realm of cybersecurity; identity is everything,” stated John N. Stewart, SpyCloud Board Member and former Chief Security and Trust Officer of Cisco. “By enabling the viewing and addressing of the world’s foremost source for identity exposures, SpyCloud has elevated proactive defense against all forms of identity-driven cyber exploitation to the highest level.”
“We are reshaping identity security by making holistic protection feasible and attainable for our clients,” added Damon Fleury, SpyCloud’s Chief Product Officer. “SpyCloud has been at the forefront of understanding the cybercrime ecosystem, from our early days in top-tier ATO prevention to developing solutions that empower organizations to proactively combat threats stemming from infostealer malware, phished, and breach data.”
Fleury continued, “This evolution to make holistic identity threat protection a reality for enterprises is vital to our mission of disrupting cybercrime. We aim to put an end to identity-based threats once and for all.”
To discover more, users can reach out to SpyCloud or explore the following resources:
About SpyCloud
SpyCloud leverages recaptured darknet data to combat cybercrime. Its automated holistic identity threat protection solutions harness advanced analytics to proactively prevent ransomware and account takeover, safeguard employee and consumer accounts, and expedite cybercrime investigations. SpyCloud’s data from breaches, malware-infected devices, and successful phishes also drives various popular dark web monitoring and identity theft protection services. The clientele includes seven of the Fortune 10, in addition to countless global enterprises, mid-sized firms, and government agencies worldwide. Headquartered in Austin, TX, SpyCloud is home to over 200 cybersecurity professionals dedicated to shielding businesses and consumers from the stolen identity data exploited by criminals.
To delve deeper and gain insights, users can visit spycloud.com.
Contact
Public Relations
Emily Brown
REQ on behalf of SpyCloud
[email protected]
