Tuskira Unifies Disparate Cybersecurity Tools to Achieve Optimization

The Alarming State of Cybersecurity

Cyberattacks have become a pressing concern for businesses worldwide. According to a recent survey by KPMG, nearly half of companies with $1 billion or more in annual revenue have recently suffered a security breach. This trend is alarming, and the causes are multifaceted.

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The Problem of Security Tool Overload

In an interesting twist, it appears that the abundance of security tools may be contributing to the problem. A separate poll revealed that 43% of businesses said their teams were overwhelmed with alerts. Piyush Sharma, Engineering Director at Symantec, is well-acquainted with this issue.

"Organizations struggle with tool fragmentation, where disparate security solutions operate in silos, making it difficult to achieve a unified defense strategy," Sharma explained. "Additionally, the sheer volume of vulnerabilities and alerts overwhelms security teams, leading to inefficient resource allocation and extended remediation times."

The Challenges of Managing Fragmented Security Systems

Sharma should know – he was responsible for ensuring that multiple app control, endpoint security, and integration management products developed by Symantec played nicely together. However, the sheer complexity of managing disparate security solutions proved to be a significant challenge.

"Limited budgets and the need to meet stringent compliance requirements further compound these challenges," Sharma noted.

A Better Way: Introducing Tuskira

Sharma and his co-founders, GE veteran Vipul Parmar and Om Moolchandani, thought they had found a better way. They launched Tuskira, a platform designed to unify disparate security tools and provide a more comprehensive and efficient solution.

"Tuskira was founded to solve the challenges of managing fragmented, reactive security systems," Sharma said. "Our mission is to preempt threats and optimize security operations, helping businesses stay ahead of evolving cyber risks."

How Tuskira Works

Tuskira looks for exploits and misconfigurations in a firm’s security stack, providing analyses across code, cloud environments, apps, and infrastructure. The platform also optimizes security tools in addition to aggregating them, delivering improved monitoring capabilities.

"By focusing on reducing attacker dwell time and strengthening defenses proactively, Tuskira offers a more comprehensive and efficient solution compared to competitors who often address threats in isolation," Sharma emphasized. "Tuskira is built for enterprises across industries such as finance, healthcare, technology, and government, providing actionable insights and measurable improvements to their security posture."

A Proven Track Record

Tuskira’s founders are not new to the cybersecurity space. In 2019, they founded cloud security startup Accurics, which Tenable acquired in 2021 for $160 million.

Competition in the Security Tool Aggregator Market

However, Tuskira is not the only security tool aggregator on the market. Another player, Avaloris, acts as a source of truth for security assets, allowing security teams to track risk data.

Despite the Competition, Tuskira Secures $28.5 Million in Funding

Tuskira has managed to win over investors with its pitch. The company recently closed a $28.5 million funding round co-led by Intel Capital and SYN Ventures, with participation from Sorenson Capital, Rain Capital, and Wipro Ventures.

The Current State of Cybersecurity Funding

The investment in Tuskira highlights the growing concern about cybersecurity and the need for innovative solutions to address the challenges faced by businesses. However, the trend is not without its challenges.

Challenges Ahead

While Tuskira’s funding is a significant milestone, it also underscores the complexities of the security tool aggregator market. The competition is fierce, and the road ahead will be challenging.

Conclusion

The rise in cyberattacks and the problem of security tool overload are pressing concerns for businesses worldwide. However, innovative solutions like Tuskira offer hope for a more comprehensive and efficient approach to cybersecurity. As the threat landscape continues to evolve, it remains to be seen whether Tuskira can maintain its lead in the market.