the Dutch Vulnerability Disclosure Institute (DIVD), whose volunteers have made a significant contribution to the extent of the the Kaseya ransomware attack in the summer of 2021, has received a $ 100,000 donation to fund its work from US-based Huntress Security, whose analysts and researchers were taken to extremes in the early stages of the widespread REvil / Sodinokibi cyberattack.
Huntress, which raised a $ 40 million Series B funding round of its own in 2021, said it plans to invest its cash flow so “different types of organizations can secure and support 99% better,” referring to the small and medium-sized enterprises. large corporations (SMEs) that make up the bulk of the global economy and are effectively unable to defend themselves against cyberattacks, especially those against third party providers and managed service providers (MSPs) like Kaseya, over whose systems they have no control.
“Small and medium-sized companies rely on us to protect them from today’s determined cyber criminals and national actors. But we’re not doing enough to help them.
“2021 was a year of high-profile attacks and vulnerability disclosures within the SMB and MSP community,” the team said. “That’s because attackers know that most small businesses struggle to defend themselves and that MSPs act as gatekeepers for dozens, if not hundreds, of SMEs.”
In 2022, the Maryland-based company said it wants to de-stigmatize and honor those who have been transparent about cyber incidents and share their work on strengthening their platforms; to help IT professionals improve their cyber knowledge and awareness; and incentivize MSPs and small businesses to take time to test, disrupt, and repair their IT to uncover issues.
“To be clear, we’re not here to shame anyone,” said Huntress. “We’re here to acknowledge that if we don’t get together and stick to a higher standard, this problem will get worse before it gets better. And we also adhere to this higher standard. “
DIVD will invest $ 50,000 to support its future growth and hire its first full-time employees, Research Coordinator and Director Lennart Oudshoorn, Research Director Victor Gevers and Director Chris van ‘t Hof, with the remaining $ 50,000 used in funding will be a DIVD-led bug bounty program that will incentivize better disclosure of vulnerabilities related to MSP and SMB IT tools.
DIVD recently also has the of the digital trust center Cyber Resilience Reinforcement Grant for 2022-2024 and has just signed a cooperation agreement with the Netherlands National cybersecurity center (NCSC), where it shares data on the vulnerabilities its volunteers uncover.
In addition, it played a key role in setting up a new cyber hotline for Dutch organizations, setting up an international team to respond to computer security incidents for cross-border cooperation and will be a training camp for later this year ethical hackers.
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