As a business expands, it exposes more of its internal workings to the internet, making it increasingly difficult to keep secure. According to one study, the security staff isn’t even aware of 30% to 40% of a company’s IT infrastructure.
Since cyberattacks are becoming more common, a new breed of businesses has emerged with a “offensive” character.
Hadrian, a ‘hacker-led’ cybersecurity business situated in Amsterdam, provides a SaaS platform that allows users to simulate an assault.
HV Capital led a €10.5 million seed round, which also included Picus Capital, Slimmer AI, and angel investors Adriaan Mol, Koen Köppen, and Niklas Hellman. Picus Capital and Slimmer AI also participated.
Traditional “pen testing,” in Hadrian’s opinion, wastes time and resources by focusing on places where businesses already assume they are weak. According to Hadrian’s, their software scans a company’s IT infrastructure from the outside-in to identify vulnerabilities and attack routes in order to get insights about digital threats.
We recognise that CISOs and their teams can’t be expected to respond to every possible danger across the attack surface,” Hadrian CEO Rogier Fischer said in a statement. Automated technology recognises and prioritises genuine dangers, linking urgent activities to current workflow tools and procedures so that the critical stuff gets addressed first.”
Randori (raised 29,8M), RiskIQ (bought by Microsoft), Cortex, and Cycognito (raised 153M) are some of Hadrian’s competitors.
The value of ASM, according to Fischer, is “very difficult to extract” at this time. Analysts will have to sift through vast volumes of data. Therefore, we believe that ASM is not worth the price at this time (since insurance companies haven’t yet used the data, or at least haven’t outperformed insurance companies with it). ”