New Security Platform Uses Tools You Already Have

Cyberattacks are increasing, but TechCrunch reports that security spending isn’t. According to a recent survey, more than thirty percent of chief information security officers kept security spending the same or reduced it slightly in 2023. A Price Waterhouse Coopers report projects sinking or stagnant security budgets for one in five organizations.

Maybe that isn’t a bad idea.

“The average security team uses less than 20 percent of what they have,” according to Garret Hamilton, co-founder of the platform Reach Security, who blames under-use for most security struggles. “Companies in our industry will say that you need another security mousetrap to solve this problem. They’re wrong.”

Reach connects to a company’s existing IT and security products, collects data on attacks, and recommends ways to counter them using tools that the company has.

“It’s becoming increasingly important for security teams to optimize the tools they already own, based on the attacks they actually face,” Hamilton says. “They should focus on operating what they have deployed effectively before considering another tool or platform.”

Reach is designed to identify attackers, learn how their attacks work, see what they can access, and suggest options to stop them among a company’s products. It also auto-tunes security tool configurations to prevent attacks.

TechCrunch quotes Geoff Belknap, LinkedIn’s CISO, who says that  Reach solves the” ‘too many tools, not enough people’ problem by ensuring you get the most out of what you already have.”

Belknap advises CISOs who have all the staff and budget they’ll ever want to ignore the new approach. For the rest, who are stuck with getting value out of what they’ve already purchased, he suggests actively looking into it.