Morphisec is a promising Israeli security startup that has entered into Indian market through this deal
Essar Group has signed up Morphisec, an Israeli-based security startup for deploying endpoint threat prevention solution, based on the latter’s Moving Target Defense technology.
Essar’s project was initiated to secure the organization from advanced attacks that use social engineering, phishing and vulnerability exploits via web, email, networks and endpoint channels to bypass antivirus and other security controls.
The project is led by Keyur Desai, CIO Essar Ports & Shipping and Head of InfoSecurity, Network & Communications for the Essar Group.
In addition to perimeter defenses, NAC and Access Management and standard antivirus, Essar added Morphisec as a critical memory layer in its defense in depth strategy.
“We compared a number of threat solutions,” said Desai. “Morphisec stood out for its small footprint, simple management and ability to prevent attacks without prior knowledge of them. Its Moving Target Defense technology is unique and is crucial to effectively stopping advanced attacks. In our continued initiative to protect critical business data, which includes working with other security solution OEMs as well, Morphisec allows us to fulfill our mandate to enable the ongoing operations of our varied businesses.”
“Essar has always been the frontrunner when it comes to adopting the latest technologies to enhance business outcome. When it comes to data security, our mission has always been to protect business critical data in this era of advanced threats. The Morphisec solution is very promising and we look forward to working closely with Morphisec Management in this mission to protect critical information,” said Essar Group CIO Jayantha Prabhu.
“Morphisec prevents advanced threats and stops attacks before they can ever execute by morphing the operating system memory space, so attackers cannot locate the necessary resources to exploit. Morphisec does not rely on detection, hunting or prediction, all of which require prior knowledge of an attack in order to identify it as malicious,” explained a statement from the company.
“Forward looking organizations like Essar recognize the increasing danger posed by fileless and other advanced threats and the need for a dedicated prevention layer that seamlessly integrates with the existing security stack. Morphisec’s prevention efficacy, ease of deployment and use and cost effectiveness make it the perfect fit for many India-based companies, where EDR solutions are too costly, resource intensive and often simply not effective enough” said Omri Dotan, Chief Business Officer of Morphisec.
With Essar win, Morphisec has officially entered the Indian market. Morphisec provides a crucial, small-footprint memory-defense layer that easily deploys into a company’s existing security infrastructure to form an effective, cost-efficient prevention stack, claims the company.