Security-as-a-Service Platform Provider Expands IP Portfolio with Fifth Patent, Enabling Companies to Continuously Identify and Address Their Biggest Security Risks
HERNDON, Va. – March 14, 2019 – OPAQ, the network security cloud company, today announced it has received a patent from the United States Patent & Trademark Office for risk assessment technology that continuously monitors, normalizes, assesses and scores inputs from security tools, endpoints, network infrastructure and more (Patent # 10,212,184). This is the fifth patent awarded to OPAQ for technology used in the OPAQ Cloud, a platform that enables managed service providers to deliver Fortune 100-grade security to midsize enterprises.
Establishing a repeatable process for cyber risk management requires sound metrics for security performance and effectiveness. Many companies lack the ability to continuously assess their cybersecurity risk in a consistent manner and within business context. Research conducted by analyst firm ESG indicates that “cyber risk management is becoming more important for executives and more difficult for CISOs and cybersecurity teams.” This has led to a lack of confidence in understanding and prioritizing risk in order to make critical security and business decisions.
The invention, part of the OPAQ security-as-a-service offering, uses analytics to continuously monitor and identify security risks, score them for severity, explain the severity scores and enable a repeatable risk management process. Automated security reports put security events and risk in business context, making them consistent, relevant, and reliable. This capability enables companies to prioritize security resource utilization and measure the maturity of their risk management program.
“This patented technology enables businesses to continuously know their risk management position and to compare risk profiles across business units in a very simple, reliable, and consistent way,” said Matt Sweeney, OPAQ Chief Architect. “This capability comes built-in with OPAQ’s firewall-as-a-service and endpoint protection-as-a-service offerings. It’s fully automated and orchestrated in the OPAQ cloud platform, which enables our partners to deliver high-margin, differentiated services to their customers.”
The OPAQ Cloud Platform
OPAQ’s cyber risk assessment technology is just one of the unique capabilities the company is developing to power its cloud-based security services. OPAQ’s other patents cover software-defined network segmentation for endpoints (#10,122,760), cyber security risk analysis reporting (# 8,793,151), correlating information across distinct domains (# 9,104,710), and providing a global virtual perimeter through distributed points of presence (# 9,197,601). These patented capabilities have been integrated and automated, enabling partners and their customers to centrally monitor and manage networking and security from a single cloud console.
“This latest patent award further validates the intellectual property investments OPAQ has made to build the most advanced and comprehensive managed security services delivery platform in the industry,” said Glenn Hazard, CEO of OPAQ. “Our steadfast R&D investment in areas such as automation and orchestration continues to deliver meaningful value to our partners and the customers they support by making enterprise-grade security more affordable, flexible, and simple than ever.”
OPAQ is the premier network security cloud company. OPAQ’s cloud platform enables partners to deliver Fortune 100-grade security-as-a-service to midsize enterprises on a fully encrypted software-defined network optimized for speed and performance. With OPAQ, service providers are equipped with a simplified ability to centrally monitor security performance and compliance maturity, generate reports, manage security infrastructure, and enforce policies – all through a single interface. This empowers OPAQ partners to grow revenue and margins, eliminate complexity and costs, and establish a competitive advantage that helps them attract and retain customers. Based in Northern Virginia, OPAQ is privately held and is funded by Greenspring Associates, Columbia Capital, Harmony Partners, and Zero-G, Inc. To learn more, visit www.opaq.com.
Marc Gendron PR for OPAQ