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FireEye, Inc. [NASDAQ: FEYE]: A Gateway to Forecast Threat

Kevin Mandia, CEO

The present fast-paced, global market depends progressively on data and information that are carried through the cyberspace. For businesses, it is imperative to strengthen their data and secure it against potential theft, intruders, and other mishaps that could cause problems within the working environment. In order to anticipate and respond to their attacks, organizations must take necessary steps to counter these increased threats by constantly keeping in pace with the latest cybersecurity measures that are there in the market. Poised at the intersection of the cybersecurity universe and distinct domains, FireEye [NASDAQ:FEYE] offers a unified combination of intelligence, technology, and expertise to protect an organization from every critical issue that arises before, during, and after the attack.

Predicting that technology alone is not adequate to fight against cyber attackers, the intelligence-led security company aims at addressing the whole security operations lifecycle through their Security-as-a-Service approach, surpassing the capabilities of traditional security products. This approach extends its search to monitor, simplify, and augment the current security operations of the organization to deliver the best security measures needed, whether it is a public cloud, private cloud, on-premise or hybrid environment, in the network, or at the endpoint. By unifying organizations’ alerts under FireEye as a Service (FaaS), the firm is building the first piece of a Security-as-a-Service revolution to reduce the time it takes to detect security breaches and respond to them, minimizing the overall impact.

Recently, FaaS identified a spear-phishing campaign that targeted personnel from several organizations who are a part of the United States Securities and Exchange Commission (SEC) filings. By identifying the loopholes in the infrastructure with related tools, tactics, and procedures (TTPs), FireEye was able to notice that this campaign was associated with a ‘financially motivated’ threat group.

We build the first piece of Security-as-a-Service-revolution that will reduce the time it takes to detect and respond to breaches

Tracked by FireEye as FIN7, the threat group selectively targets victims and uses spear-phishing to distribute its malware. Further, the firm observed that FIN7 attempted to compromise the security of various other organizations by deploying point-of-sale malware against the retail and hospitality industries. To that end, FireEye implemented a Community Protection Event—FaaS, Mandiant, Intelligence, and Products to secure all clients affected by this campaign.

The Milpitas, CA-based company’s Advanced Threat Intelligence gives access to threat data and analytical tools that assist in identifying attacks and providing context about the tactics and motives of specific threat actors. This repository enables organizations to implement an adaptive security model, to quickly detect and counter breaches as they occur.

Additionally, FireEye’s Helix platform significantly reduces the effort, time, and cost connected with managing low-quality security products or false alerts from traditional security solutions, such as next-generation firewalls and intrusion prevention systems. “FireEye Helix is a revolutionary approach that builds on our best-in-class detection solutions, creating the first intelligence-led platform that enables simple, integrated, and automated security operations from the cloud or on-premise,” explains Kevin Mandia, CEO and Board Director, FireEye.

Working as a seamless, scalable extension to customer security operations, FireEye continues to acquire the ability to move with the ebb and flow of the future. The company plans to increase its prowess in the cybersecurity space by building more solutions, designing more services that will be hailed for their quality and reliability. However, it will not be the software or implemented technologies by which FireEye will compute its success, but by the number of customers achieving their goals productively.

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Company
FireEye, Inc

Headquarters
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Management
Kevin Mandia, CEO

Description
Offers a single platform that blends innovative security technologies and nation-state grade threat intelligence