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BALBIX EXTENDS PLATFORM TO INCLUDE SOFTWARE BILL OF MATERIALS (SBOM)
CAPABILITIES
PRESS RELEASE — DECEMBER 8, 2022
Cybersecurity teams can now identify and mitigate complex software component
vulnerabilities like Log4j, Spring4Shell and OpenSSL at unparalleled speed and
scale.
Balbix, the leader in cybersecurity posture automation, announced new platform
capabilities for software bill of materials (SBOM). Cybersecurity teams now have
real-time visibility into software components used across the enterprise –
including traditional data centers, the cloud and remote employee devices. The
solution does not require access to application source code and includes
accurate multi-level dependency mapping and installed locations. Enterprises can
identify and remediate software component vulnerabilities, such as Log4j, in
hours and days instead of months. In addition, users can export SBOM inventory
data in industry-standard formats to inform other tools and workflows.
The need for an SBOM inventory arises because modern software applications
usually include dozens of open-source and 3rd-party components. These supply
chain dependencies lead to vulnerabilities that are hard to identify and
remediate. Recent vulnerabilities – Log4j, Spring4Shell and OpenSSL – are prime
examples. The importance of an SBOM inventory is highlighted in U.S. Executive
Order 14028, which mandates anyone selling software to the Federal government to
provide SBOMs. Unfortunately, traditional cybersecurity and asset management
tools cannot inventory software component versions. When a Log4j-type
vulnerability shows up, cybersecurity teams struggle to identify vulnerability
instances and perform the necessary remediation and mitigation actions.
“Since late 2021, our customers have requested assistance to mitigate software
component vulnerabilities like Log4j. We were fortunate to have our SBOM
solution under development and were able to help our customers address these
issues in a matter of days,” said Gaurav Banga, Founder and CEO of Balbix.
“Today, I am excited to announce the general availability of a broad set of SBOM
capabilities in the Balbix platform.”
In an industry first, Balbix provides a software bill of materials (SBOM) at
runtime, including all nested dependencies. The inventory includes component
versions, open-source and third-party packages. To do so, Balbix analyses all
installed software, their dependencies and run-time services to provide a near
real-time, comprehensive and accurate dependency tree. This new capability
builds on the continuously updated software and asset inventory already provided
by Balbix for assets on-premises or in the cloud.
The Balbix platform also combines SBOM data with CVE data and additional service
information to infer software component vulnerabilities and mitigation status
with high accuracy and without the need to scan. Cybersecurity teams can
automatically identify, prioritize and respond to software component
vulnerabilities across their entire environment as they would other software
vulnerabilities.
“Software component vulnerabilities are on the rise, and organizations have
struggled to discover and remediate such issues quickly,” said Ed Amoroso, CEO
at analyst firm TAG Cyber. “Balbix now automates much of that work, drastically
reducing the time needed to identify and resolve complex vulnerabilities at
scale.”
Unlike other cyber asset attack surface management (CAASM) solution providers,
Balbix also allows security teams to export their SBOM inventories in
industry-standard formats, including Open Web Application Security Project
(OWASP), Cyclone DX, and Software Package Data Exchange (SPDX). IT and security
teams can export their SBOM inventory to popular configuration management
database (CMDB) tools.
To learn more about Balbix and its SBOM capabilities,
visit https://www.balbix.com.
About Balbix
Balbix enables businesses to reduce cyber risk by quickly identifying and
mitigating their riskiest cybersecurity issues. Our SaaS platform, the Balbix
Security Cloud™, ingests data from businesses’ security and IT tools so they can
understand every aspect of their cybersecurity posture, build a unified cyber
risk model and obtain actionable insights for risk reduction. With Balbix,
businesses can automate their cloud and on-premise asset inventory, conduct
continuous risk-based vulnerability management and quantify cyber risk in
dollars. Executives and operational teams can make cybersecurity decisions based
on data, not opinions.
A rapidly growing set of Fortune 500 companies trust Balbix as the “brain” of
their infosec programs and are realizing the benefits of maximally automated
workflows and reduced cyber risk. Balbix was recognized in CNBC‘s 2022 list of
Top 25 Startups for the Enterprise and ranked #32 on the 2021 Deloitte Fast 500
North America.
###
Media Contact
Chase Ford
Email: balbix@ruderfinn.com
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* Risk Based Vulnerability Management
* Cyber Risk Reporting for Board of Directors
NEED TO UNIFY YOUR CYBERSECURITY DATA?
* Cyber Asset Attack Surface Management
* Enterprise Vulnerability Prioritization
* Cyber Risk Quantification
* Cyber Risk Reporting for Board of Directors
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