Sevco Security, a cloud-native security asset management company, has announced enhancements and new capabilities for its Asset Correlation Engine. It claims that they will enable users to keep track of changing asset inventories across several data silos in real-time. The new capabilities also allow security teams to automatically detect security holes across siloed tools.
Sevco, which was founded in 2020 and has been backed by SYN Ventures, 406 Ventures, Accomplice, and Bill Wood Ventures. The company is a project designed to meet the needs of organizations that require a good IT inventory. It wants to have a uniform inventory that is constantly updated to provide asset intelligence and assist security and IT teams in identifying and closing security gaps.
The company claims that its Asset Correlation Engine simplifies the aggregation and reconciliation of IT assets across the whole enterprise. This enables users to see how changes to their continuously evolving asset inventory affect their security posture.
Security and IT inventory monitoring
IT asset inventories are constantly changing, and IT and security teams are attempting to gain a complete, real-time understanding of their networks assets. This is because of the increase in the number of devices and software apps that are connected to a company''s network infrastructure.
Assets are of great value and will provide future benefits, according to reports from 2021 to 2028. This makes IT asset inventory a must-have in today''s technology landscape. In the forecast period of 2021 to 2028, the inventory management solution market is expected to reach an approximated value of $3.82 billion and increase at a CAGR of 6.12%.
If organizations fail to have proper visibility into every asset they need to protect, they may encounter difficult security situations. According to J.J. Guy, the CEO of Sevco Security, the full asset inventory is crucial.
Attackers spend more time studying the networks they are attacking. In most situations, attackers have a greater understanding of a company''s network operations and architecture than many of the IT and security teams. In reality, attackers inventories are often more precise.
Because of the increasing number of technologies used by modern organizations, Guy believes that getting a complete asset perspective is difficult.
This is not enough: Combining these tools and information silos is necessary. Those tools must be combined with aggregation and reconciliation in order to obtain a comprehensive and accurate asset inventory. This is a subject that is causing many difficulties for IT and security organizations.
Accuracy, tracking, correlation
Organizations that use a configuration management database (CMDB) must establish and maintain their own reconciliation guidelines. The use of CMDBs is required to simplify this process by breaking down information silos and ensuring that all IT assets are tracked and correlated. As a result, organizations receive a better accurate and complete picture of their IT asset inventory and how it changes over time.
Businesses that depend mostly on their assets for revenue generation are critical of asset tagging. Sevcos has introduced enhanced tags and labels to allow users to tag and group essential assets together, such as employee-owned bring your own device (BYOD) equipment, office locations/regions.
The Sevco platform update has significant new features and capabilities, including the ability to collect customer data from all angles.
Sevco claims to have the capability to select by area, domain, OS platform, and other sectors around the world. It also believes to enable users to make more complex searches using the latest search query builder, which has enabled them to organize and nest queries.