Coralogix forays into cybersecurity with Snowbit

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Mumbai: Tel Aviv, Isreal based Coralogix – a provider of observability has forayed into cybersecurity with its new venture Snowbit. Two former Amazon Web Services (AWS) executives – Navdeep Manaktala and Zack Barakh have joined Coralogix to launch the new venture Snowbit.

Snowbit is a full-service cybersecurity venture focused on empowering cloud-native companies to secure themselves against cyber risks in a quick, efficient, and cost-effective manner. This Indo-Israeli cybersecurity venture will have operations across Tel Aviv and New Delhi/Gurgaon.

Snowbit’s Managed Extended Detection and Response (MxDR) incorporates a SaaS platform and expert services. With this platform, organisations will have a comprehensive view of their cloud environment’s security and compliance (CIS, NIST, SOC, PCI, ISO, HIPAA). And expert teams will provide 24×7 support for more efficient remediation.

The MxDR platform builds on the strengths of Coralogix’s data streaming platform to seamlessly ingest and enrich a broad range of data sources. It then scans the client’s cloud environment for abnormal activity, configuration, network, and vulnerability issues.

And automates threat detection and incident response leveraging machine learning, an extensive set of pre-configured rules, alerts and dashboards as well as supports integration with any orchestration platform.

Snowbit takes a holistic and proactive approach to cybersecurity vis-a-vis point solutions largely focused on detection and response. “The Snowbit MxDR, with its proactive approach and pre-built detection capabilities complemented by the expertise at our Security Resource Centre, is one of the most powerful offerings for holistic cloud security,” said Zack Barak.

It will have its operations (R&D, product development and expert teams) across India and Israel. And will leverage the best of Israeli cybersecurity talent and India’s unique position to become the global cybersecurity hub of the world.

A team of security experts deployed at Snowbit’s 24×7 Global Security Resource Centre in New Delhi complements the MxDR platform.The expert service centre comprising of analysts, researchers, and threat hunting and incident response professionals will offer real-time guided responses to enable organisations to respond decisively to threats detected in their environment.

Snowbit will support multi-cloud infrastructure and SaaS environments. In addition, owing to the large investments outlined for the Indian market, allow customers the unique advantage of being able to process and retain data within the country at all times thereby remaining compliant with applicable data localisation norms including those proposed under the upcoming Data protection regulation.

Navdeep Manaktala is a technology industry veteran with over two decades of experience in building and scaling cloud, mobile, and internet businesses. In the past Manaktala worked with companies such as Nokia, Microsoft, and AWS. Most recently, Manaktala was leading AWS’ startup business comprising tens of thousands of customers across Asia-Pacific and Japan.

Zack Barak is a cybersecurity industry veteran with 25+ years of cross-functional experience with Sygnia, Israel Aerospace, Israel Defence Force. Most recently, Barak was the CISO of Annapurna Labs – an Amazon company.

“Snowbit aims to address fundamental security-related challenges faced today including growing cloud complexity, increasing sophistication of attacks, lack of in-house cybersecurity expertise, and the overhead of managing multiple point security solutions,” said Navdeep Manaktala – Co-Founder, Snowbit and President – APJ, Coralogix.

“Observability forms the bedrock of cybersecurity, and as a result, Snowbit is strategic for Coralogix as it enables us to offer a powerful integrated observability and security proposition to unlock the value of data correlation,” said Ariel Assaraf, CEO -Coralogix.

“Snowbit’s platform and services enable organisations to overcome challenges of cybersecurity talent and disparate tools to more effectively secure their environments,” added Assaraf.

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