Interset announces strategic investment from In-Q-Tel

IntersetCanada-based Interset announced on June 9 a strategic investment and technology development agreement with In-Q-Tel (IQT), the strategic investor that identifies innovative technology solutions to support the missions of the U.S. Intelligence Community.

The investment will advance the development of Interset’s UBA platform, selected as the most complete security software solution for detecting and surfacing compromised account and insider attacks, while reducing noise and false positives in scalable environments.

According to Interset CEO Dale Quayle, “U.S. intelligence and law-enforcement communities have long sought to protect critical data with an approach that surfaces attacks faster and more accurately, in a highly contextual, proactive way. After a rigorous evaluation and due diligence process, Interset demonstrated how anomalous behaviors can be accurately surfaced and conveyed with actionable information, allowing government security experts to focus on mitigating risks and stopping attacks that may threaten our safety.”

Interset uses machine learning and patented, predictive analytics-based risk scoring technology to automate the process of sifting through billions of log files and terabytes of events. This calculates and assigns risk to accounts, machines, files, and digital assets based on the connected events in which they are involved. Interset’s easy-to-comprehend approach and intuitive user interface details attacks on sensitive data in context, visually depicting threat stages and calculating risks as attacks unfold.

“There are many differing approaches in identifying the anomalous behaviors that introduce risk to an organization and those that indicate malicious intent. By leveraging data sources commonly available throughout the enterprise, Interset uniquely combines mathematics in a scalable and extensible architecture to present analysts with inherently actionable and contextually rich notifications. The technology is creating new opportunities for our clients to proactively surface emerging threats from vast data sets while minimizing the investigative burden on analysts,” offered Peter Kuper, partner, IQT Investments.

Source: Interset