Anetac, a start-up based in Los Altos, California, emerged from stealth to unveil its Dynamic Identity and Security Platform for protecting companies from blind spots of service accounts in hybrid environments. The company also announced a funding investment totaling $16 million.
Highlights
- Real-time streaming visibility of non-human and shared-use service accounts reducing blind spots and improving security hygiene - in a recent retail organization’s deployment, we discovered that 20% of provisioned accounts had never been used, 55% of all accounts were disabled, 30% had passwords over a year old, and hundreds of passwords that were over 5 years old
- Mapping of access chains illuminating complex chains between service accounts, critical resources, business applications, and processes
- Automated behavioral analysis combined with time-series data detecting unusual activity and expediting discovery and incident response time
- Dynamically reducing attack surface by continuously mapping and reinforcing the organizations' security posture
“This is a problem for every organization, in every industry. In today’s rapidly evolving threat landscape, we must acknowledge that the soft underbelly of any organization lies in its ability to monitor and secure dynamic and ever-changing environments with real-time security measures. It’s imperative to recognize that virtually every breach over the past decade has been exploited via service accounts,” said Tim Eades, CEO and co-founder of Anetac. “It’s staggering to discover the extent of poor security hygiene amongst service accounts. With our new platform, available today, we will proactively solve the disconnect of static scanning tools with an innovative, streaming approach that dynamically addresses identity problems and improves organizations’ security posture.”
The funding round was led by Liberty Global with support from Shield Capital and GP Ventures.
