November 2019 Summaries

Detectify, a cybersecurity firm founded by Swedish ethical hackers, secured €21.5 million in Series B funding led by Balderton Capital, with support from Paua Ventures, Inventure, and Insight Partners. The investment aims to enhance the company's growth by hiring top talent and expanding its reach, particularly in the US, where it has already established a Boston office and attracted clients like Trello, Spotify, and KING. Detectify's innovative approach combines human expertise from its invite-only Crowdsource network of ethical hackers with machine learning to identify vulnerabilities, which has resulted in the discovery of over 110,000 vulnerabilities in the past eighteen months. The company emphasizes diversity, with 45% of employees being female and team members representing 30 nationalities across its offices. Detectify's founders remain active in ethical hacking, contributing to private bug bounty programs, and are committed to their vision of a safer internet by leveraging collaboration and automation in cybersecurity.

Detectify, a SaaS-based web application and domain security startup, has launched a new connector between AWS Route 53 and its platform, enhancing its ability to monitor DNS records for security vulnerabilities. By integrating AWS Route 53, Detectify can automatically pull and sync DNS data, ensuring that monitoring dashboards remain current. This feature is particularly beneficial in a rapidly expanding cloud environment where digital assets proliferate, making comprehensive security oversight challenging. The connector aids in preventing issues such as Hostile Subdomain Takeovers, a type of attack identified by Detectify's Security Advisor, by allowing users to monitor both active and forgotten subdomains. Customers can activate this feature through the Asset Inventory tab by providing AWS API keys, enabling continuous updates and enhanced visibility of web assets for improved security management.