2021 pitching finalists
After an international call for submissions, with more than 20 applications from all over the world, PwC Luxembourg has selected five cybersecurity and privacy companies with relevant solutions for the Luxembourgish market. Discover here below who they are.
Cybersecurity & Privacy Solution of the Year 2021 Award, the winner is… Keyless Technologies!
Keyless Technologies won the Cybersecurity & Privacy Solution of the Year 2021 Award. Keyless is pioneering privacy-first, biometric security solutions that enable companies to deploy seamless biometric authentication without compromising on user experience, compliance or security. It’s privacy-first authentication and identity management solutions serve the full spectrum of workforce and consumer authentication use cases. Currently, Keyless has two products for commercial use, the Keyless Authenticator™, and the Keyless SDK™.
The jury was composed of Roman Borisovich, Executive Director of Sardina Systems S.à.r.l, Krystina Gray, Vice-president of Women Cyber Force and Women4Cyber Luxembourg Chapter, and Steffen Minkmar, Head of IT Security at the European Investment Bank.
Solution description:
The attack surface of organizations is continuously expanding dangerously due to cloud adoption, remote working, M&As, and others. Every organization’s attack surface is filled with thousands of misconfigurations, easily accessed passwords, insecure access to critical assets, and other security gaps that attackers leverage to obtain access to an organization’s crown jewels. Cymptom enables enterprises to preempt threats from materializing. On an “always-on” basis, Cymptom identifies high-risk attack paths throughout enterprises’ IT network infrastructure both on-premise and cloud-based. These attack paths are prioritized according to their urgent need for mitigation – and are presented on the Cymptom dashboard with suggested mitigation techniques. These attack paths are mapped according to the MITRE ATT&CK framework after enrichment with adversarial context to sharpen the true risk of each gap. Adversarial context relates to the potential of an attack depending on an enterprise’s geo-location and industry.
Cymptom offers continuous security posture assessment to preempt threats from becoming the next kill chain vector. In addition, CISOs can leverage Cymptom's security posture assessment to discuss the true cost and effectiveness of their cyber investments - existing and future. CISOs can rely on Cymptom to understand how to support business/operational initiatives without compromising on good cybersecurity.
Value proposition:
Cymptom automates preempting cyber threats from materializing, effectively reducing the attack surface on a continuous basis, despite the exponential growth from cloud adoption, remote working, M&As and other factors.
Solution categories:
- Cyber Risk Management
- Hybrid Security Posture Management
Headquarters: Switzerland
Website: www.decentriq.com
Maximilian Groth, CEO and Co-Founder, Decentriq
Solution description:
The most valuable data is often sensitive and restricted in how it can be used. Decentriq provides a SaaS platform with data clean rooms on-demand so that enterprises can easily and securely leverage data previously not possible. Collaborate with internal or external parties to derive new data value - all with guaranteed trust and privacy because of confidential computing technology.
Value proposition:
Data clean rooms powered by confidential computing.
Solution categories:
- Third party management
- Privacy
Headquarters: Finland
Website: https://www.hoxhunt.com/
Mohamed Ahmed, Senior Account Executive, HoxHunt
Solution description:
Hoxhunt is a Human Cybersecurity Platform that protects organizations and their employees from the risk of cyber attacks. Hoxhunt empowers employees with the skills and confidence to recognize and respond to attacks wherever they arise and provides security teams with real-time visibility into threats so they can react fast and limit their spread. The entire platform is autonomous, freeing up considerable time and allowing security teams to focus on what matters.
Hoxhunt’s unique platform helps you protect, detect and respond to cyber threats. We protect your organisation by providing cybersecurity training that employees love. Our training goes beyond security awareness by driving behavior change in your organization. Our training is personalized based on individual roles and skills level and is continuously updated to reflect the latest threats.
Our training creates a Human Sensor who report real threats and this provides unmatched visibility that help you detect threats across your organisation.
The Hoxhunt Response offering helps you to respond to your most dangerous threats quickly by escalating the most dangerous threats your users and the network is responding.
Hoxhunt’s platform is fully autonomous, from updating the content to personalizing training to each individual. This frees up time from the security teams to focus on what they do best.
Value proposition:
Hoxhunt is a People-First Platform that enables employees to protect their organizations from the risk of a cyber attack.
Solution categories:
- Cyber Threat Intelligence
- Incident Detection & Response
- Cyber Risk Management
- AI for Cyber
Headquarters: United Kingdom
Website: https://keyless.io/
Fabian Eberle, COO and Co-Founder, Keyless
Solution description:
Multi-factor authentication solutions are becoming increasingly ubiquitous as organizations look to mitigate a rise in threats caused by compromised and weak credentials – with MFA now being mandatory in certain industries. Traditional MFA solutions however are cumbersome, leave users frustrated, and often partly rely on weaker authentication methods, like passwords, exposing organizations and users to security and privacy risks.
Keyless is designed to help organizations enhance security and compliance, without having to compromise on user-experience. It’s privacy-first authentication and identity management solutions serve the full spectrum of workforce and consumer authentication use cases. Currently, Keyless has two products for commercial use, the Keyless Authenticator™, and the Keyless SDK™.
The Keyless Authenticator™ provides a seamless first or second authentication factor, and can be quickly deployed to secure remote access to corporate systems and data – irrespective of where employees are based or what devices they use.
The Keyless SDK™ offers PSD2-SCA-compliant multi-factor authentication in one simple action via cutting-edge facial recognition and device-identification technology. The whitelabel authentication solution is designed to integrate seamlessly with any mobile or web application so that payment service providers can provide lightning-fast, unified authentication experiences to all their customers-base.
Value proposition:
Keyless is pioneering privacy-first, biometric security solutions that enable companies to deploy seamless biometric authentication without compromising on user experience, compliance or security.
Solution categories:
- Endpoint Security
- Identity & Access Management
- Regulatory/Compliance
- Privacy
Solution description:
Nymiz has developed a software tool for the anonymization and pseudo-anonymization of personal data that allows companies and public administrations to protect the privacy of the personal data of their clients, suppliers and stakeholders in sectors such as health, finance, insurance and legal, maintaining the analytical value of these and ensuring compliance with the Data Protection laws.
Value proposition:
Redacted documents and masking databases, no matter the industry or the language, with a single click.
Solution categories:
- Privacy
