Box Sets New Standard for Intelligent Content Security in the Enterprise With Box Shield
August 21 2019 - 8:00AM
Business Wire
New Intelligent Threat Detection and Prevention
Controls Built Natively into Box
Box, Inc. (NYSE: BOX) a leader in Cloud Content Management,
today announced Box Shield, a set of new content security controls
and intelligent threat detection capabilities that enables
enterprises to power secure collaboration and workflows around
their most valuable content in the cloud. Built natively into Box,
Box Shield helps prevent accidental data leakage, detects potential
access misuse, and proactively identifies relevant threats.
“The pace of business today demands that every enterprise move
its content to the cloud to power collaboration and drive business
processes both inside and outside the organization. Box Shield is a
huge advancement that will make it easier than ever to secure
valuable content and prevent data leaks without slowing down the
business or making it hard for people to get their work done,” said
Jeetu Patel, Chief Product Officer at Box. “With Box Shield,
enterprises will receive intelligent alerts and unlock insights
into their content security with new capabilities built natively in
Box, enabling them to deploy simple, effective controls and act on
potential issues in minutes.”
“Today’s competitive environment demands greater alignment
between security and the business. Enterprises need an integrated
approach to security that is woven into the fabric of their
business processes,” said Lakshmi Hanspal, Global Chief Information
Security Officer at Box. “Box Shield brings adaptive security
controls and threat detection directly to workflows in Box with
easy-to-use, built-in controls that help reduce risk and empower
the business to work more collaboratively all over the world.”
Preventing Accidental Data Leaks
Box Shield helps enterprises prevent accidental data leaks
through a system of manual or automated security classifications
for files and folders, and classification-based access policies.
Account admins can define custom classification labels and policies
per label that combine multiple security controls, such as:
- Shared link restriction: Specify who can access shared
links. For example, when a file is labeled [Internal], sharing can
be restricted to the company and specified collaborators only.
- External collaborator restriction: Limit external
collaboration to approved lists of domains or completely block it
based on the sensitivity of the content. For example, when a file
is labeled as [Restricted PII], external collaboration could only
be allowed with business partners that are approved data
processors.
- Download restriction: Restrict file or folder downloads
across specific applications. For example, specify that downloads
be restricted when users are using the Box web app, mobile, or Box
Drive.
- Application restriction: Specify which third-party
applications and custom apps can download sensitive content from
Box.
- FTP restriction: Restrict FTP transfers and uploads of
files and folders.
“At IU, sensitive information changes hands thousands of times
each day on our campuses with over 100,000 users and thousands of
collaborators around the world,” says Bob Flynn, Manager, Cloud
Technology Support at Indiana University. “With the introduction of
Box Shield, we can apply native data classifications and design
policies aligned to our own business and compliance rules. By
protecting content with precision, we can help IU reduce risk
without compromising speed and collaboration.”
Detecting Threats with Machine Learning-Powered
Alerts
In addition to preventing accidental data leakage via
classification-based security policies, Box Shield empowers
customers to detect abnormal and potentially malicious behavior
from internal and external threats. Powered by machine learning,
Box Shield identifies and alerts admins of potential threats such
as:
- Anomalous downloads: Receive real-time, contextual
alerts when unusual user behavior is detected that indicates
attempted data theft, such as notable changes to download
behavior.
- Suspicious sessions: Detect a potentially compromised
account based on a rapid change in an employee’s location, as well
as additional context about the browsers, devices, and Box
applications that they typically use. For example, if someone is
downloading a file in London and then sharing a different file from
Singapore five minutes later, it’s possible their account is
compromised.
- Access from suspicious locations: Detect access or
downloads happening in untrusted locations or high-risk countries
that are defined by a security team’s policy-defined whitelists or
blacklists of locations and IP ranges.
Deep Integrations with Enterprise Security Leaders
Box Shield complements and integrates with a wide range of
existing best-of-breed security investments. Contextual alerts from
Box Shield, containing more actionable insights than ever before,
will be able to integrate with SIEM solutions from partners such as
Splunk, Sumo Logic, AT&T Cybersecurity, and IBM, as well as
CASB solutions from Symantec, McAfee, Palo Alto Networks, and
Netskope.
“Organizations of all sizes are increasingly aware of the need
to secure critical information and protect against threats without
compromising user experience,” said Garrett Bekker, Principal
Analyst for Information Security at 451 Research. “Investments in
native security controls by cloud platform vendors can provide
useful and timely insights and serve as a valuable complement to an
organization’s overall security portfolio.”
Availability
Box Shield is in private beta and will become generally
available in the fall of 2019. To learn more about Box Shield,
please visit http://www.box.com/shield or join a special launch
webinar on August 29.
About Box
Box (NYSE:BOX) is a leading Cloud Content Management platform
that enables organizations to accelerate business processes, power
workplace collaboration, and protect their most valuable
information, all while working with a best-of-breed enterprise IT
stack. Founded in 2005, Box simplifies work for 70% of the Fortune
500, including AstraZeneca, General Electric, JLL, and Nationwide.
Box is headquartered in Redwood City, CA, with offices across the
United States, Europe, and Asia. To learn more about Box, visit
http://www.box.com.
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Box PR Contact Ashley McClusky ashley@box.com
Box Investor Relations: Alice Kousoum Lopatto and Elaine
Gaudioso 650-209-3467 ir@box.com
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