Announcing The NetRise Platform

Aug 7, 2022 11:00:00 PM | Press Releases Announcing The NetRise Platform

NetRise announces the release of their XIoT security platform, providing insight into vulnerabilities and other risks in XIoT device firmware

AUSTIN, Texas, August 8, 2022 -- NetRise, the company providing visibility into the world's XIoT security problem, announced today the release of the NetRise Platform, which is the industry’s first solution providing insights into shared vulnerabilities across XIoT firmware images in an organization.

NetRise is a cloud-based SaaS platform that analyzes and continuously monitors the firmware of XIoT devices. The firmware images are then dissected, presenting all of the key data, artifacts, and risk in an easy-to-consume interface. As a result, NetRise reduces the time and cost of firmware security programs allowing organizations to quickly find and remediate previously undetected issues.

“Traditional XIoT security products have little-to-no visibility into the underlying components of these devices. As a result, XIoT firmware has been treated like a black box, as end users have had minimal control over it,” said Thomas Pace, Co-Founder & CEO of NetRise. “With the release of the NetRise Platform, organizations now have complete visibility and continuous monitoring of XIoT firmware vulnerabilities and potential points of exposure to fill in the gaping hole that exists in most security programs.”

Benefits:

  • Complete Visibility: Uncovers repeat vulnerabilities found across all products in an organization, provides clear prioritization of risks and reduces the time it takes for human responders to apply context to complex problems.
  • Continuous Monitoring: NetRise continuously monitors and analyzes artifacts within firmware to identify and prioritize:
    • Vulnerabilities (known and unknown)
    • Compliance Adherence
    • Software Bill of Materials (SBOM)
    • Misconfigurations
    • Overall Risk

Key Features:

  • Vulnerability Identification and Monitoring
  • Comprehensive SBOM
  • Risk comparisons of new firmware versions to existing versions
  • Vulnerability and other risk prioritization
  • Correlation across all monitored devices
  • Firmware repository to query when new vulnerabilities are identified

"NetRise provides the perfect solution for mapping XIoT devices to traditional security processes," said Michael Scott, Co-Founder & CTO of NetRise. "With the company’s advanced capabilities to detect components, misconfigurations, risks and vulnerabilities, organizations gain the unprecedented ability to quantify and prioritize the risk in these historically troublesome devices. NetRise uniquely has access to over one million firmware images, which produces hundreds of thousands of vulnerabilities potentially exploitable by threat actors that are not properly documented in the National Vulnerability Database (NVD)."

NetRise recently announced a strategic partnership with Fortress Information Security, the nation's leading cybersecurity provider for critical infrastructure organizations with digitized assets. The NetRise partnership gives Fortress Information Security’s global customers access to the most advanced firmware binary analysis platform on the planet. Through the partnership, NetRise gains access to a robust route to market for power, oil and gas and manufacturing clients that Fortress serves, a market that historically has proven difficult to tap into.

About NetRise

Based in Austin, Texas, NetRise was built by defensive cyber experts bred across the private sector, intelligence community and U.S. federal government to solve the firmware security problem. The company is currently partnering with companies across manufacturing, automotive, medical devices, industrial control systems, satellites and many more.

Media Contact:

Danielle Ostrovsky

Hi-Touch PR

410-302-9459

Ostrovsky@hi-touchpr.com

Thomas Pace

Written By: Thomas Pace

Prior to founding NetRise, Thomas spent 16 years working in security across multiple roles and disciplines. From serving in the United States Marine Corps, being responsible for ICS security within the Department of Energy and most recently serving as Global Vice President for Cylance, Thomas has been a proven leader and innovator within cybersecurity. Thomas has also responded to hundreds of security incidents globally and shared his experience at multiple security conferences such as RSA and Black Hat.