A cybersecurity firm based in London has announced a 24-hour monitoring system that will be available to SMEs in an industry first.
Launched by Freeparking.com founder Paul Lomax and cybersecurity expert Tim Thurlings, bluedog Security Monitoring will offer smaller firms response services and managed detections that were previously only available to larger companies.
Acting on threats
The specific device is known as Sentinel and works through being plugged into a customer’s network. Machine learning is then used to detect any unusual activity. If anything out of the ordinary is noticed, bluedog’s security operations centre is alerted to the problem where the safekeeping team responds appropriately to any potential threats.
Sentinel has been developed to detect phishing emails and malicious malware – which when usually attached to things like audio or video files, they often bypasses endpoint security and firewalls.
The results of a Cyber Security Breach survey taken out by the UK government suggests companies with weaker defenses are targeted more often. Furthermore, as SME firms grow, they often become an easy target of cyber security breaches. Therefore, bluedog claim its new product has been created to help ‘soft’ targets.
Making a product that is available to all
bluedog’s CTO Tim Thurlings, a former ‘ethical hacker’, says: “Firewalls and endpoint protection which SMEs have traditionally relied on are no longer adequate as experienced hackers can easily find ways round them. SMEs need to take their cybersecurity to the next level, yet at present few have a dedicated professional.”
“bluedog gives them 24/7 access to a whole team of cyber experts for less than the cost of employing one part-time staff member. Bluedog’s innovative model combines machine learning and human expertise to offer exceptional service and peace of mind.” Thurlings continued.
The firm’s CEO, Paul Lomax, says it is targeting a gap in the market for SME monitoring services. He explains, “While technology is becoming more sophisticated, it still requires people to analyse the data and act on it,” adding, “Ideally all businesses should have 24/7 monitoring but with salaries for skilled professionals running into six figures, it is an expensive resource that up until now has been limited to blue-chip firms.”
The CEO continues: “With bluedog, we have developed a smarter model which enables us to revolutionise pricing and bring services within reach of SMEs for the first time. This is a $10bn untapped market and no-one else is offering a solution. bluedog’s model gives us a competitive advantage and makes us well placed to become a global leader.”