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Vulcan Cyber raises $4M round to fix the ‘vulnerability remediation gap’
Security vulnerabilities can pose a threat even if they’re detected in a timely manner by a company’s network protection team. That’s because in some cases, organizations lack the resources to properly fix every weakness before hackers pounce.
Vulcan Cyber Ltd. is working to address this issue, which it dubs the “vulnerability remediation gap.” The Tel Aviv-based startup today announced that its efforts have attracted a $4 million seed investment from YL Ventures and several other unnamed cybersecurity investors.
Vulcan has developed a vulnerability assessment platform designed to go a step further than other offerings in the same category. Besides identifying weaknesses in a company’s systems, the startup says that its software can also figure out how to fix them.
One of the core components of Vulcan’s technology is a threat prioritization engine. Other security tools prioritize vulnerabilities too, as a way of helping companies tackle the most important problems first, but the startup claims that it can catch issues the competition overlooks. The software puts seemingly low-severity vulnerabilities in the context of the assets they affect to determine if they have the potential to cause serious disruption.
After identifying a security issue, Vulcan’s platform creates a step-by-step remediation plan. Administrators can carry out the recommended actions using the integrations that the software provides with popular configuration management systems and other infrastructure tools. Lastly, once a fix has been applied, Vulcan’s platform double checks to see that the issue is indeed resolved.
There’s a seemingly big need for the kind of capabilities Vulcan offers. According to a forecast from Gartner Inc., 99 percent of the vulnerabilities exploited as part of cyberattacks through 2020 will be ones already known to enterprise security teams. But other research has indicated that it will take much more than just new software for companies to start addressing their security weaknesses more effectively.
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