secIT 2019: The security meeting spot in Hannover

secIT 2019: The security meeting spot in Hannover

 

IT security – a topic that is gaining in significance and importance every year – is increasingly becoming the focus of interest for many companies. With the rise of cybercrime, executives are looking for platforms and opportunities to share the latest trends in cyber security and to stay up to date with the latest threats.

 

With its successful premiere in 2018, the secIT by Heise has established itself as an important security event in northern Germany. At this year’s event, Heise already reported an increase in visitors of almost 50%. Around 1,750 visitors and 58 exhibitors met at the Hannover Congress Centrum on 13 and 14 March to discuss topics such as threat intelligence, storage, cloud and endpoint security and current cyberattacks. Expert talks, workshops and lectures by leading IT experts were very popular. Especially the session about “How Emotet decomposes a company” by Hornetsecuritys Head of Product Management Dr. Yvonne Bernard received a lot of interest.

For all who are interested you can download the presentation below.

 

On the first evening of the secIT 2019, Heise organized a networking party, which was a great success– Hornetsecurity served freshly tapped free beer to the guests. The second and last day of the Security Event was once again filled with qualitative conversations and lectures about the current situation of IT security.

 

The next secIT is scheduled already: On March 25 and 26, 2020, IT security operators and providers will meet again in the capital city of Lower Saxony and we are already curious to see which topics will await us in the coming year.

Impressions of the secIT 2019:

The images were provided by Tobias Giessen and Hornetsecurity

RSA 2019 – One step ahead of cybercrime

RSA 2019 – One step ahead of cybercrime

 

The significance that cyber security has achieved worldwide became obvious once again at the 28th IT Security Conference “RSA Conference” in San Francisco. The world’s leading annual information security conference and exhibition welcomed nearly 42,500 visitors and 700 exhibitors to this year’s event, which took place from March 4 to 8, to discuss current and future security issues and concerns in times of growing global cyber threats. As an expert for email security in the cloud, Hornetsecurity took part in the RSA again this year and reports about the highlights of the ultimate marketplace for the latest technologies and comprehensive know-how in cyber security in the following article.

 

Particularly discussed at this year’s conference were the effects of legislation, such as the GDPR, on the cyber security industry and its impact on companies worldwide. Some speakers also focused on the topic of Security Awareness: For example, in her presentation “Folk Theories of Security & Privacy”, Professor Emilee Rader of Michigan State University explored how employees make decisions that affect corporate security and how to help them make a potentially better decision.

 

Many of the attending companies were particularly interested in how security will evolve in the near future in our digitalized world. In an interactive session, the audience had to choose best case and worst-case scenarios in a future of security and privacy in 2025 – the challenge was to allow companies to tailor their strategy to the most likely scenario.

 

Some sessions about the Top and Emerging Threats showed already known issues like Ransomware as a Service as well as new attacks, especially on the vector DNS: The service, often considered the unchangeable “telephone book” of the Internet, provides an attack channel for redirecting or modifying data streams in the event of insufficient security.
Due to the International Women’s Day on March 8th, the RSA Conference focused on the topic “Women in IT” by offering special programs and a platform for multiple campaigns.

A major highlight for Hornetsecurity was the handover of the “InfoSec Award 2019” in the category Most Innovative SaaS/Cloud Security at the RSA by the Cyber Defense Magazine on March 4th. “Cybercrime is one of the greatest dangers in our technically and online driven world and is an issue that affects all of us – the threat of cyberspionage, blackmailing, and cybercrime is undeniable.

This award signifies that we are on the right track to protect businesses from the increasing and evolving cyber threats. Every day we see the amount of new and sophisticated cyberattacks which shows that we always have to be one step ahead of the criminals.” Daniel Hofmann, CEO of Hornetsecurity, says.

 

Large and established events such as the RSA prove that we can achieve a significant change by sharing experiences. We were able to get an idea of what the future holds for us and are very happy to make a major contribution to improving security in the IT industry with our innovative technologies.” concludes CEO Oliver Dehning.

A few impressions of the RSA 2019

Hornetsecurity in Malaysia – Email security has international significance

Hornetsecurity in Malaysia – Email security has international significance

The World Economic Forum’s Global Risk Report 2019 lists the world’s biggest threats, led by weather extremes, trade wars, and particularly rising cybercrime. Cyberattacks such as viruses, trojans and ransomware are not limited by national borders. The need and demand for security against attacks continues to grow internationally from year to year.

In particular, over the past four years, the threat situation in Malaysia has intensified extremely. According to the Malaysian Computer Emergency Response Team (MyCERT), Southeast Asian companies are increasingly affected by cyberattacks, mainly mails containing malware. Since 1999, the Malaysian distributor InternetNow! based in Kuala Lumpur provides secure email communication among other IT security services. InternetNow! distributes Hornetsecurity’s quality email security services in Malaysia for 6 years now.

Hornetsecurity News


Stay in touch

Sign up to get the latest News about Cloud Security.

Just prior to the traditional Chinese New Year celebrations, on February 5, InternetNow! was pleased to announce another highlight: On January 23, the Southeast Asian partner celebrated its 20th anniversary and organized an exclusive event with the topic “Reseller Appreciation Dinner 2019”. Our colleague Alexis Tenzler (Head of Customer Success) was part of this special event and had the pleasure to hand over a prize to the most successful InternetNow! partners.

Ilyas Sapiyan, CEO of InternetNow!, started the celebrations with some anecdotes about the history of the Internet specialist and led the attending partners and employees through the most important milestones of the company. Thereby he emphasized the significant growth of InternetNow!. Hornetsecurity’s Email Security Services generated the largest revenue volume in 2018 and thus established itself as the distributor’s strongest growth driver. Shinjiru International Inc., leading offshore web hosting provider, has been recognized by Tenzler as the most successful Hornetsecurity reseller in Malaysia.

Later, the present partners of InternetNow! introduced one of their products. Regarding the increasing threat from malware attacks, Alexis Tenzler presented Hornetsecurity’s „Advanced Threat Protection“ (ATP): He explained exactly what and who is behind “Advanced Persistent Threats” and that ATP is able to detect even the most sophisticated attacks through innovative analysis and filtering mechanisms.

At the end of the event, Sapiyan once again pointed out the growing threat of cybercrime and that it can only be dealt with through global cooperation. In 2019, InternetNow! will focus primarily on security awareness training for its customers’ end users, synchronized security with Next Gen endpoints and email security.

A few impressions:

Hornetsecurity in Malaysia
Hornetsecurity in Malaysia
Hornetsecurity in Malaysia
Malware – The Cyber Century’s Growing Threat

Malware – The Cyber Century’s Growing Threat

In the last two years, malicious programs like WannaCry, Petya and Ryuk have made it abundantly clear that malware and cyberattacks are entirely capable of bringing companies with inadequate cybersecurity to the brink of a shutdown and even driving them to bankruptcy.

During 2018, the Hornetsecurity Security Lab noticed a massive increase in emails with harmful attachments. The Emotet, Hancinator, Zeus and Trickbot trojans gave companies particular cause to be wary – in terms of email volume, these were among the biggest malware campaigns of 2018. A breakdown of malware attacks and their monthly incidence throughout 2018 is shown in the infographic. Hornetsecurity has analyzed the individual campaigns and painted a clear picture of what formats and files were concealing malicious software.

Malware is now the biggest threat to businesses, as according to the BSI (Federal Office for Information Security) report on “The State of IT-Security in Germany 2018”, 57 percent of all recorded cyberattacks can be traced back to malware infections. Email communication is the main method of transmission – masquerading as a harmless email, malware may be hiding in an attached Office file, for instance.

Ransomware, cryptominers, and spyware can lurk in Word documents as well as behind web links, and are among the varieties of malware most favored by cybercriminals. While malware sent via indiscriminate mass email (also known as spam) has declined sharply in recent years, businesses in particular are more and more often subjected to targeted and complex attack campaigns. Hackers are increasingly using social engineering and spear phishing to sneak malware onto company operating systems.

Over the last two years, the proportion of all recorded email traffic that is infected with malware has risen to around 1.3 percent. When dealing with a volume of 1,000 emails per day, that means at least 13 emails will contain malware; for a company that receives several thousand emails a day, it means that without adequate email security, the risk of falling victim to a malware attack is extremely high. After all, this is a particularly lucrative approach for cybercriminals. The German industry alone lost a total of around EUR 43 million due to malicious software in 2017 and 2018.

Developments such as growing connectivity and changing communication platforms will likely increase malware attacks and associated losses even further. Cyber risks are among the greatest dangers of going digital. Ransomware, one of the most widespread types of malware, is a particularly promising source of profit for hackers. . The fear of negative PR and the potentially far-reaching consequences inadequately protecting internal data is too high.

The last few years show a clear trend in the spread of malware: attacks will continue to proliferate. Until companies consider email and cybersecurity a necessary requirement in safely maintaining corporate communication and operational processes, cybercriminals will keep cashing in at their expense.

Spanish market leader Spamina is now part of Hornetsecurity Group

Spanish market leader Spamina is now part of Hornetsecurity Group

Hannover (07.02.2019) – Hornetsecurity completed the acquisition of the Spanish email security company Spamina successfully. This makes the Hanover-based company the leading German email cloud security provider in Europe and expands its locations with offices in Madrid and Barcelona as well as in Central and South America. Spamina’s activities will continue as part of the Hornetsecurity Group, to provide customers of both companies with even more efficient technology and worldwide competent support.

The investors High-Tech Gründerfonds (HTGF), Verdane Capital and HCS Beteiligungsgesellschaft mbH are extremely satisfied with the successful development of Hornetsecurity. According to Ansgar Kirchheim from High-Tech Gründerfonds: “We have been accompanying Hornetsecurity since its foundation in 2007. With the acquisition of Spamina, Hornetsecurity will not only continue its outstanding expansion, but also be able to accelerate it.” Emanuel Johnsson of Verdane Capital agrees: “We are delighted with the great progress of Hornetsecurity. Especially the past two years and the dynamic growth of the company have shown that the management and its team are doing an excellent job. The acquisition of Spamina strengthens Hornetsecurity Group’s strategic position in the global IT security market”.

Acuity Advisors, a technology focused M&A advisory headquartered in the UK, initiated the successful acquisition. During the process, Oliver Markl advised and supported Hornetsecurity: “Hornetsecurity and Spamina complement each other perfectly, making them the leading operators in the European email cloud security market.”

Harbert European Growth Capital financed the deal and is also impressed by Hornetsecurity’s organic growth over the past few years: “With the acquisition of AVIRA’s spam filter division, the very professionally organized company has already shown how quickly the takeover and integration of a company can be implemented. We are very pleased to have been able to support Hornetsecurity in the successful accomplishment of its expansion plans”, says Johan Kampe, Senior Managing Director and co-Head of Harbert European Growth Capital.

Hornetsecurity News


Stay in touch

Sign up to get the latest News about Cloud Security.

Hornetsecurity remains on its dynamic growth course and is consistently continuing its international expansion. The team of Hornetsecurity expands to around 200 IT specialists, who from now on will provide bundled know-how for the qualitative and innovative cloud security solutions which existing business customers already know.

About Hornetsecurity Group:

Hornetsecurity is the leading German email cloud security provider in Europe, which protects the IT infrastructure, digital communication and data of companies and organizations of all sizes. The security specialist from Hanover provides its services worldwide via 9 redundantly secured data centers. The product portfolio covers all important areas of email security, including spam and virus filters, legally compliant archiving and encryption as well as defense against CEO fraud and ransomware. With around 200 employees, Hornetsecurity is represented globally at 11 locations and operates in more than 30 countries through its international distribution network. The premium services are used by approximately 40,000 customers including Swisscom, Telefónica, KONICA MINOLTA, LVM Versicherung, DEKRA, Claas, and the Otto Group.

About Spamina:

Spamina is a European-based IT security company which secures corporate digital communications. The Simile Fingerprint Filter® technology protects corporate networks from sophisticated attacks such as zero-day attacks. Spamina provides a secure communications environment that ensures business continuity, service scalability and cost efficiency. Cloud services range from enterprise-wide secure email platform, enterprise mobile management, email and IM gateway protection, to archiving, encryption and DLP solutions for legal compliances.

About High-Tech Gründerfonds:

The seed investor High-Tech Gründerfonds (HTGF) finances technology start-ups with growth potential. With a total volume of EUR 892.5 million distributed among three funds and an international partner network, the HTGF has supported more than 500 start-ups since 2005. Its team of experienced investment managers and start-up experts supports the young companies with know-how, entrepreneurial spirit and passion. The focus is on high-tech start-ups in the software, media and Internet industries as well as hardware, automation, healthcare, chemistry and life sciences. To date, external investors have invested more than 2 billion euros in the HTGF portfolio in around 1,400 subsequent financing rounds. In addition, the fund has successfully sold shares in more than 100 companies.

Investors in the public-private partnership include the Federal Ministry of Economics and Technology, KfW, the Fraunhofer-Gesellschaft and the commercial enterprises ALTANA, BASF, Bayer, Boehringer Ingelheim, B.Braun, Robert Bosch, BÜFA, CEWE, Deutsche Post DHL, Dräger, Drillisch AG, EVONIK, EWE AG, Haniel, Hettich, Knauf, Körber, LANXESS, media + more venture Beteiligungs GmbH & Co. KG, PHOENIX CONTACT, Postbank, QIAGEN, RWE Generation SE, SAP, Schufa, Schwarz Group, STIHL, Thüga, Vector Informatik, WACKER and Wilh. Werhahn KG.

About Verdane:

Verdane seeks to be the preferred investor and active owner of technology-enabled growth companies in Northern Europe.
Verdane’s core investment strategy is to realize the potential of unlisted assets by being a knowledgeable and active owner. Verdane funds are distinctive in that they can invest in a single company, or in portfolios of companies. In each case, Verdane builds on its expertise and experience to unlock the underlying potential of small- and medium-sized growth companies.

About Harbert European Growth Capital:

The Harbert European Growth Captial Funds (HEGC) seek to generate superior returns for their investors by identifying and investing in promising emerging growth stage technology and healthcare companies. The HEGC Funds’ Investment Team combines substantial investment, advisory, and operating experience with capital and networking contacts to support great entrepreneurial teams in successfully executing their growth plans.

Additional information to: