Year in Review: PwC
Back in September’s issue, Gigabit spoke with professional services firm PricewaterhouseCoopers (PWC) about the digital transformation expertise it provides in areas such as cloud computing and cybersecurity.
Sub Mahapatra, Management Consultant at PwC’s New York network guided us through his vision of digital transformation as an existential business. The company can guide companies who are not clear how to best achieve a digital transformation, but no two of PwC’s clients are the same.
“If we have a partnership in place, then we’re good,” said Mahapatra. “They can bring us into a room and talk about what they want to do, and how we can help them. That’s easy. If you don't have that relationship in place, we have our business experience and technology sessions. We work with our clients to find out the problem we are trying to solve. Do they just want to get into the digital world, or do they want to increase their revenue, or upscale their customer base?”
Once the problem is identified PwC works alongside clients as the transformation progresses. “We have a very broad offering from an advisory perspective, but we don’t just strategize and then go away,” said Mahapatra. “We are there to realize the value we are trying to envision for them.”
Cybersecurity is a large part of clients’ concerns, and PwC can accordingly offer protection to what are deemed “crown jewels”. “We find what kind of data our clients want to keep to themselves, and the extra security they want to have. We work with them to find out where that data is residing, and if that data is at risk, or if it is in transit, we create a whole data protection layer alongside it.”
Ivanti Acquires RiskSense to Combat Cyber Attacks
Ivanti, an IT asset and service management software solutions provider, has acquired RiskSense, a company that works in risk-based vulnerability management and prioritisation, to drive the next evolution of patch management.
This combination of the two companies will enable organisations to ‘shrink their attack surface, prioritise vulnerabilities to remediate, and reduce their exposure to cyber threats and ransomware attacks by taking a proactive, risk-based approach to patch management’. The terms of the RiskSense transaction were not disclosed.
“Over the past two years, cyberattacks such as ransomware have crossed the line from being a nuisance to truly disrupting society,” said Srinivas Mukkamala, CEO of RiskSense. “And unpatched vulnerabilities remain one of the common points of infiltration into organisations’ ecosystems. I’m committed to the global fight against ransomware. And I truly believe that the combination of risk-based vulnerability prioritisation and automated patch intelligence can help organisations reduce their exposure and make a major impact in global cyberspace. Together, RiskSense and Ivanti will help customers drive operational efficiencies and defend against the next wave of sophisticated cyber threats, including ransomware attacks.”
Providing IT teams with the tools to tackle cyber issues
Solutions from the combined companies are expected to reduce the meantime to detect, discover, remediate, and respond to cyber threats, particularly critical vulnerabilities linked to or associated with ransomware. Together, Ivanti and RiskSense will provide security and IT teams with context and adaptive intelligence regarding what their organisation’s exposures are to vulnerabilities that are being actively exploited, including whether those vulnerabilities are tied to ransomware, and then enable them to quickly remediate those threats.
Ivanti has already integrated the RiskSense Vulnerability Intelligence and Vulnerability Risk Rating, which prioritises and quantifies adversarial risk based on factors such as threat intelligence, in-the-wild exploit trends, and security analyst validation, into Ivanti Neurons for Patch Intelligence.
“This combination will allow us to provide our customers with a holistic view of vulnerabilities and exposures, and then enable them to take fast action through Ivanti Neurons for Patch Intelligence. Customers will be able to greatly reduce their attack surface and risk of breach because of the vulnerability intelligence and the resulting remediation prioritisation based on actively trending exploits and ransomware attacks,” said Jim Schaper, Ivanti Chairman and CEO.