Mitiga Offers Cloud Based Cybersecurity Solutions

Mitiga Team. Photo Omer Hacohen

Israeli cybersecurity startup Mitiga calls itself the first cloud-based solution for Incident Readiness and Response in cloud and hybrid environments. The company has raised $25 million in Series-A funding, bringing Mitiga’s total funding to $32 million.

Mitiga boasts that their cloud-based solution for cloud and hybrid environments “dramatically improves efficiencies for incident readiness and response by aligning around the client’s goals.” The company also declares that instead of the traditional time and materials invoicing, Mitiga clients only pay for its readiness service and receive unlimited Incident Response as part of their subscription. Mitiga says that by preparing responses ahead of an attack, their customers are able to “return to operational normalcy in hours instead of days or weeks, as is the case using traditional, services-based incident response techniques.”
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Startup Nation is known for its security companies. The Israel Defense Forces’ vaunted 8200 cyber security unit produces many new high tech security experts. With the Corona Virus forcing everyone to work from home, communicate through applications like Zoom and use all manner of software as a service programs on line security is more important than ever.

Also, hackers are not only motivated by money or politics. They often just like being malicious. So even small companies need to be on their guard and be sure to properly protect their systems.

And everything is going into the cloud these days. Do you use Google Docs, or any of the other Google services? Well then all of your files are stored in servers located around the world. The same thing is also now true with MS Office which offers customers cloud based software services. Notebook computers have always had a limited storage capacity. And more and more people are switching to tablets which do not offer the same services as a computer. So cloud services will soon be standard.

“We have seen firsthand how demoralizing and detrimental slow responses are to cyber attacks,” said Tal Mozes, co-founder and CEO of Mitiga. “The cloud represents new challenges for incident readiness and response and we’re bringing the industry’s first incident response solution in the cloud, for the cloud. This funding will allow us to further our engagements with heads of enterprise security who are looking to recover from an incident in real-time, attract even more of the most innovative cybersecurity minds in the industry, and expand our partner network. I couldn’t be more excited about what Mitiga is going to do for cloud-first organizations who understand the importance of cybersecurity readiness and response.”

Today’s enterprise environments are threatened on an hourly basis with unpredictable incidents. Mitiga’s approach to provide unlimited active incident response meets the needs of regulators and business leaders that understand the importance of a resilient incident response solution and allows them to return to business as usual fast. In addition, Mitiga is able to document each event which allows an organization to fix the cause in order to prevent future attacks.

“The increased speed of adoption of cloud platforms has organizations rethinking how they prepare for and react to breaches,” said Patrick Heim, Partner & CISO at ClearSky. “Organizations are moving away from mostly reactive incident response processes. Newer approaches focus on preparing companies for inevitable incidents with a focus on tools and services that enable rapidly restoring operations and limiting impact. Mitiga is leading the way in building out this new discipline of cloud focused Incident Readiness and Response. We’re excited to be on this journey with them and look forward to transforming the way incidents are managed.”