Information Security News mailing list archives

Hackers give up when they go up against this cybersecurity company


From: InfoSec News <alerts () infosecnews org>
Date: Thu, 30 Jul 2015 09:52:00 +0000 (UTC)

http://fortune.com/2015/07/29/crowdstrike-cybersecurity-george-kurtz/

By Robert Hackett
@rhhackett
Fortune.com
July 29, 2015

It’s not every day that a company can compel hackers to give up. Yet that’s exactly what CrowdStrike managed to do earlier this year.

CEO and co-founder George Kurtz tells it like this: A besieged customer needed backup. So Kurtz’s team sent in reinforcements, placed its cloud-based software sensors across the breached business’s computing environment, and started gathering intel. Aha! Investigators spotted Hurricane Panda, an old Chinese nemesis that Kurtz’s crew had been battling since 2013. What happened next surprised them: When the attackers scanned an infected machine only to find traces of CrowdStrike, they fled.

CrowdStrike’s reputation precedes it. The company, founded in 2011 and based in Irvine, Calif., has gone toe-to-toe with some of the world’s most sophisticated state-sponsored hacking groups. The firm analyzed the data behind the breaches of millions of sensitive records at the Office of Personnel Management, the federal agency responsible for human resources, in what may have been the biggest act of cyberespionage the U.S. has ever seen. It has published threat reports on many of the more than 50 adversaries it tracks, which include the likes of Ghost Jackal (the Syrian Electronic Army), Viceroy Tiger (an Indian intruder), and Andromeda Spider (a criminal coterie). Between 2013 and 2014 its revenue grew 142% and its customer base more than tripled, two reasons Google Capital GOOG 0.63% , the tech giant’s growth equity arm, led a $100 million investment in CrowdStrike in July, its first ever for a computer security company.

Kurtz used to travel hundreds of thousands of miles a year as CTO of McAfee, now called Intel Security INTC 0.17% , to meet with beleaguered customers. It struck him that they did not need more anti-malware and antivirus products, the traditional realm of information security, so much as software oriented toward tradecraft and technique, the domain of cyberspies. Co-founder and CTO Dmitri Alperovitch, then McAfee’s head of threat intelligence, agreed.

[...]

--
Evident.io - Continuous Cloud Security for AWS.
Identify and mitigate risks in 5 minutes or less.
Sign up for a free trial @ https://evident.io/

Current thread: