OpenText's Innovative Approach to Threat
Intelligence Empowers Cyber Defenders and Strengthens U.S.
Government Cybersecurity Resilience
WATERLOO, ON, Feb. 13,
2024 /CNW/ -- OpenText™ (NASDAQ: OTEX), (TSX:
OTEX), has been named a member of the U.S. Government
public-private cybersecurity initiative, Joint Cyber Defense
Collaborative (JCDC). This collaborative effort, established by the
Cybersecurity and Infrastructure Security Agency (CISA), is
dedicated to elevating the cybersecurity posture of the U.S.
government and its strategic international partners.
"OpenText is honored to join the JCDC and contribute to its
mission of enhancing the cybersecurity of the U.S. government and
its allies," said Mark Barrenechea,
OpenText CEO and CTO. "We believe that OpenText threat intelligence
capabilities and insights will complement the efforts of the other
JCDC members and create a more secure and resilient cyber ecosystem
in support of mission."
As a member, OpenText will support JCDC's mission to shift the
paradigm from reacting to threats and vulnerabilities to
proactively planning and taking steps to mitigate them. These
efforts will help strengthen the government's security management
practices which are essential to protect sensitive data from threat
actors. OpenText will empower cyber defenders with:
- Knowledge of how threat actors behave: OpenText provides
a wealth of knowledge and experience starting with its
BrightCloud® threat intelligence telemetry, which offers
visibility into the behaviors and activities of threat actors. This
insight spans SMBs, consumers, and enterprises. The consumer angle
is unique to what other JCDC members offer and is a valuable
addition to the mission, as targeted attacks frequently extend to
family members and friends of high-value assets as a way to get to
the desired target.
- Intelligence at the beginning of an attack lifecycle:
With cyDNA, OpenText introduces active risk intelligence, tracking
threat actors in the early stages of their attack lifecycle. This
proactive approach enables the identification of potential threats
before they gain initial access, offering crucial situational
awareness to halt attackers before they achieve their
objectives.
- Insight to secure and create resiliency within software
supply chains: OpenText addresses the critical aspect of
securing software supply chains through its Debricked solution. By
providing threat intelligence on open-source code, OpenText
empowers developers to make informed decisions, minimizing the
introduction of risks into their development environments. This
initiative aligns with JCDC's overarching goal of creating
resilience within software supply chains.
- Support for CISA analysts and global cyber defenders:
OpenText's commitment extends to supporting CISA analysts and
global cyber defenders by actively sharing threat intelligence,
including behaviors and indicators. This knowledge transfer
enhances overall threat hunting efforts, fostering a deeper
understanding of evolving threats within the threat intelligence
community.
"Partnering with the JCDC provides OpenText the opportunity
to help anchor and elevate cyber defense for this nation," says
Kevin E. Greene, Public Sector,
OpenText Cybersecurity. "As a former DHS alum, it is an honor to be
the partner lead for OpenText as we join forces with the JCDC to
disrupt adversarial activities with relentless resilience through
early warning capabilities and actionable threat intelligence."
To learn more about OpenText's efforts in the public sector,
visit us at the OpenText Government Summit on March 5 in Washington,
D.C., and discover how OpenText helps government leaders
meet their mission.
About OpenText Cybersecurity
OpenText Cybersecurity provides comprehensive security solutions
for companies and partners of all sizes. From prevention, detection
and response to recovery, investigation and compliance, our
unified/end-to-end platform helps customers build cyber resilience
via a holistic security portfolio. Powered by actionable insights
from our real-time and contextual threat intelligence, OpenText
Cybersecurity customers benefit from high efficacy products, a
compliant experience and simplified security to help manage
business risk.
About OpenText
OpenText, The Information Company™, enables organizations to
gain insight through market leading information management
solutions, powered by OpenText Cloud Editions. For more information
about OpenText (NASDAQ: OTEX, TSX: OTEX) visit opentext.com.
Connect with us:
OpenText CEO Mark Barrenechea's
blog
Twitter | LinkedIn
Certain statements in this press release may contain words
considered forward-looking statements or information under
applicable securities laws. These statements are based on
OpenText's current expectations, estimates, forecasts and
projections about the operating environment, economies, and markets
in which the company operates. These statements are subject to
important assumptions, risks and uncertainties that are difficult
to predict, and the actual outcome may be materially different.
OpenText's assumptions, although considered reasonable by the
company at the date of this press release, may prove to be
inaccurate and consequently its actual results could differ
materially from the expectations set out herein. For additional
information with respect to risks and other factors which could
occur, see OpenText's Annual Report on Form 10-K, Quarterly Reports
on Form 10-Q and other securities filings with the SEC and other
securities regulators. Unless otherwise required by applicable
securities laws, OpenText disclaims any intention or obligation to
update or revise any forward-looking statements, whether as a
result of new information, future events, or otherwise.
Copyright © 2024 OpenText. All Rights Reserved. Trademarks
owned by OpenText. One or more patents may cover this product(s).
For more information, please visit
https://www.opentext.com/patents. Third-party products mentioned
are owned by the respective third-party and/or its affiliates.
OTEX-G
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SOURCE Open Text Corporation