Supply Chain Security Startup Phylum Wins the First Black Hat Innovation Spotlight

BLACK HAT USA 2022 — Las Vegas — At an intimate stage space within the Innovation Metropolis part positioned behind the Enterprise Corridor, Phylum beat out three different cybersecurity startups to take the title on the inaugural Innovation Highlight competitors, held on Wednesday night on the twenty fifth Black Hat USA.

The 4 finalists have been Phylum, a software program provide chain safety firm; KeyCaliber, an organization that makes use of asset conduct analytics to assist purchasers prioritize protecting measures; Normalyze, which identifies delicate information and weak entry paths ripe for exploitation; and Tromzo, with a product safety working platform (PSOP) for constructing purposes extra securely.

Darkish Studying’s editor-in-chief, Kelly Jackson Higgins, hosted the awards. Judges picked finalists again in July after viewing video submissions from candidates — corporations that have been 2 years outdated or much less and had fewer than 50 staff.

The Last 4

The finalists introduced in alphabetical order, beginning with KeyCaliber. Roselle Safran, cofounder and CEO, defined how her firm’s analytics engine helps constantly determine and defend a company’s most dear information, aka “crown jewels” — certainly, the corporate’s model representatives have been males wearing royal robes and costume crowns. Safran mentioned KeyCaliber’s software program can run on her firm’s community, on the shopper’s community, or on premises, a flexibility that meets potential purchasers’ have to stability assets and safety.

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KeyCaliber’s two kings. (Picture by Karen Spiegelman for Darkish Studying)

Subsequent up was Normalyze cofounder and CEO Amer Deeba. His firm is in an analogous danger administration area as KeyCaliber, however emphasizes “holistic information safety” moderately than crown jewels. The corporate affords “data-first cloud safety” that scans for delicate information on Google Cloud, AWS, and Microsoft Azure. His co-founder, CTO Ravi Ithal, was standing to the aspect recording his accomplice’s presentation, in an ideal instance of the supportive ambiance of the occasion.

The specter of Log4j hung over the shows, none extra so than Phylum’s. Cofounder and president Peter Morgan mentioned his firm focuses on the safety of open source packages, utilizing deductive evaluation of danger indicators to create what he likened to a “credit score rating for packages.” The corporate affords a group version that has “characteristic parity” with the paid version, limiting it to 1 consumer and 5 tasks at a time. He mentioned the automated evaluation takes 12-Quarter-hour to finish. “We’re strolling very well, and the system is studying to run as we converse,” Morgan mentioned.

The final to current was Harshil Parikh, CEO and cofounder of Tromzo, a product safety working platform designed to make all the software program improvement pipeline safer. In response to a query from the judges, Parikh defined that the corporate wrote its personal no-code platform for automating safety processes and remediation.

The Winners

First, all 4 finalists have been winners in that they received sales space area at Black Hat USA, in addition to a receptive viewers for his or her shows and a session with an Omdia analyst. There have been decision-makers within the viewers Wednesday, with just a few CEOs filling the seats and a standing-room crowd watching the competitors.

Tromzo undoubtedly had the flashiest presentation. Parikh opened by utilizing a DVD as a prop as an instance the outdated former cutting-edge expertise. He closed by tossing the DVD over his shoulder, warning, “Do not get left behind.” That jazz could be why Tromzo took first place within the viewers ballot.

Finally, nonetheless, the opinions that mattered most within the contest have been these of the judges, and so they favored the open source-emphasizing Phylum. The seven judges have been Ketaki Borade, senior analyst in Omdia’s Infrastructure Safety analysis follow; Trey Ford, deputy CISO at Vista Consulting Group; Hollie Hennessy, senior analyst in Omdia’s IoT cybersecurity follow; Maria Markstedter, founder and CEO of Azeria Labs; Lucas Nelson, founding accomplice at Lytical Ventures; Robert J. Stratton III, principal & strategist at Polymathics and enterprise accomplice at Nextgen Enterprise Companions; and Rik Turner, principal analyst in Omdia’s IT safety and expertise crew.

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