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November 13, 2012 07:04 pm GMT

Former Orbitz Security Chief Lands $5.25M For Risk IO, A Vulnerability Intelligence Platform

Risk-IO_RGB_Light-BG3As Kaspersky Labs details in its latest State of the Union, the threats to the IT landscape are changing, as security teams now have to juggle threats coming from both new geographies and platforms -- on top of vulnerabilities caused by the usual suspects, like malware, spam and cybercrime. As such, IT teams now monitor vulnerability data from a host of sources and tools, which can be tough to manually aggregate and mine, let alone prioritize which threats are the most pressing. That's why Ed Bellis, the former chief of security at Orbitz, co-founded Risk I/O in 2010 -- to make it easier for security teams to identify and remediate high-risk vulnerabilities and improve their security from the ground up. Using data from the top 20 security assessment technologies and integrating with bug fix and ticketing systems, the startup's SaaS platform has since processed over six million security vulnerabilities for more than 400 businesses.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/lOWzf2cN4YU/

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