CyCraft Expands to Baltics and Beyond
CyCraft Partners with Emplos, Lithuanian IT Security Firm
Taipei, Taiwan — 25 March 2022 — CyCraft Technology, a world-leading cybersecurity firm based in Taiwan, expands to Europe on the heels of rapid growth. CyCraft has partnered with Emplos, an IT security firm based in Vilnius, Lithuania. Emplos will provide customers with Managed Detection and Response (MDR) services via CyCraft’s Continuous Digital Forensic Technology.
Lithuania has been on the fast track to strengthening cyber resilience across all sectors. In 2020, multiple content management systems were targeted by an orchestrated cyberattack; the attackers were able to publish news articles of misinformation across multiple websites operated by the Lithuanian public sector. The Minister for National Defense, Arvydas Anušauskas, commented, “This [attack] shows huge gaps in the cybersecurity of the public sector.”
Cybersecurity continues to be at the forefront of discussion — especially in the current unstable geopolitical climate. In February 2022, the Lithuanian Central Bank issued warnings of the increased possibility of cyberattacks and power cuts.
“Increased geopolitical tension in the region leads to increased threats of cyberattacks, including attacks on critical information infrastructure,” stated the Bank of Lithuania in its warning.
Emplos and CyCraft are determined to jointly strengthen cyber resilience in the region, helping enterprises face and withstand attacks from active and emerging cyber threats.
Benson Wu, CyCraft Founder and CEO, commented on the new partnership. “Modern cyberattacks are not only sophisticated and persistent but have become part of the arsenal in geopolitical conflicts. CyCraft is MITRE ATT&CK evaluated and has proven its capability to protect hundreds of government agencies, financial institutions, and semiconductor firms. We are excited to form a joint defense with like-minded partners, protecting customers in the Baltics and beyond.”
CyCraft Technology autonomous security products have a proven track record of dealing with cyberattacks targeting critical infrastructure linked and/or affiliated with nation-states, including Russia and China. In 2021, CyCraft released a working decryptor for Prometheus ransomware who, at the peak of the activity, targeted multiple critical infrastructure organizations in over 30 different countries in only 4 months. In 2022, CyCraft unveiled a months-long smokescreen supply chain attack targeting Taiwan’s financial sector; evidence uncovered during an incident response investigation ties these attacks to APT10 — a China state-sponsored hacker group widely believed to be associated with the Chinese Intelligence Agency, the Ministry of State Security (MSS), and previously indicted by the U.S. Department of Justice.
CyCraft Managed Detection and Response (MDR) cybersecurity services provide enterprises with continuous digital forensic investigation capabilities. CyCraft customers experiencing a cyberattack ascertain the ground truth to the attack via real-time cyber situation reports, providing a complete attack storyline, root cause analysis, alert triage automation, and malicious domain, IP, URL analysis.
“CyCraft MDR automates investigations and alert verifications, providing SOC teams with the ground truth to an attack faster and more hands-off than existing solutions. Our fast, accurate, simple, thorough AI-driven approach to cybersecurity has led CyCraft to manage millions of endpoints from both government and enterprise customers in over a dozen countries worldwide. Our new strategic partnership combines both industry-leading technology with comprehensive services, helping enterprises raise resilience in the face of growing cyber threats,” Wu emphasized, on Cycraft’s innovative Continuous Digital Forensic Technology.
CyCraft MDR has consistently outperformed competitors in the MITRE Engenuity ATT&CK® evaluations and stands out by being the only vendor to achieve exemplary out-of-the-box detection results with zero configuration changes and zero latency. The latest round of evaluation results simulated attacks by the financially-motivated threat group Wizard Spider and the Russian GRU-affiliated Sandworm Team responsible for the 2015 and 2016 targeting of Ukrainian electrical companies and 2017’s NotPetya attacks.
“Due to the complexity, speed, and sophistication of modern business and modern cyber attackers, 100% prevention is impossible, so organizations have turned to a detection and response framework, which they are finding difficult to fully bring to fruition, so they are further seeking solutions despite the proliferation of in-house focused tools and vendors. Many organizations find that turning to MDR (managed detection and response) is the only solution that gets the results they need to fully address modern cyber threats.”
Securing Small, Medium, and Large Orgs for the 2020s, CyCraft and Gartner
State-sponsored (and state-ignored) cybercriminal organizations continue to pose an active and severe threat to enterprises across all industries and sectors. Emplos and CyCraft are committed to bolstering cyber resilience and helping enterprises navigate the uncertain waters of the volatile cyber threat landscape in the currently unstable geopolitical climate.
About Emplos
Emplos is an IT systems integrator and security firm, offering innovative cybersecurity solutions from world-leading vendors tested in their in-house laboratory to ensure quality and trust. Emplos employs seasoned security experts to guarantee fast, high-quality customer service, professional consultations, and efficient installation and deployment.
Learn more → https://www.emplos.lt/en/
About CyCraft
CyCraft secures government agencies, financial institutions, semiconductor manufacturing, police and defense organizations, Fortune Global 500 firms, airlines, telecommunications, SMEs, and more by being Fast / Accurate / Simple / Thorough.
CyCraft automates information security protection with built-in advanced managed detection and response (MDR), global cyber threat intelligence (CTI), smart threat intelligence gateways (TIG), network detection and response (NDR), security operations center (SOC) operations software, auto-generated incident response (IR) reports, enterprise-wide Health Check (Compromise Assessment, CA), and Secure From Home services. CyCraft also collaborates with other cybersecurity organizations, including the International Forum of Incident Response & Security Teams (FIRST) and the Taiwan Cybersecurity Center of Excellence (CCoE).
Meet your modern cyber defense needs by engaging CyCraft at engage@cycraft.com
Additional Resources
- In early 2022, CyCraft uncovered a months-long supply chain attack targeting the Taiwan financial sector with evidence implicating the Chinese Intelligence Agency, the Ministry of State Security (MSS).
- In early 2020, CyCraft curtailed a year-long attack campaign targeting Taiwan’s semiconductor ecosystem and identified a new China-linked threat group, Chimera.
- In the spring of 2020, a CyCraft incident response (IR) investigation into a government agency breach uncovered Waterbear malware — malware designed and distributed by the China-linked threat group BlackTech.
- In April 2020, CyCraft observed a China-linked threat group use ransomware as a smokescreen for a targeted attack on the CPC Corporation — the largest gasoline supplier in Taiwan. The ransomware was a smokescreen for the attackers’ real objective.
- Out of the 47 Representative AI Startups listed in Gartner’s AI Market Guide, 7 are based in Taiwan, and 5 are based in Hong Kong. But only 1 of the 47 Representative AI Startups focused on cybersecurity products and services — CyCraft.
- Our CyCraft AIR security platform achieved a 96.15% Signal-to-Noise Ratio with zero configuration changes and zero delayed detections straight out of the box.
- Learn more about cybersecurity in our CyCraft Classroom Series. Our latest article, “What is Managed Detection and Response (MDR)?” teaches the benefits of MDR, its unique selling points, and how to make better-informed decisions when choosing an MDR service or vendor.
