Postmedia Network Selects RANK Software To Bolster Security Protection Against Real-Time Cyber Attacks

RANK Goes Beyond SIEM Capabilities to Protect Postmedia Network From Unknown Attacks and Zero Day Events

TORONTO, Oct. 16, 2018 (GLOBE NEWSWIRE) -- RANK Software today announced that Postmedia Network Inc., a wholly owned subsidiary of Postmedia Network Canada Corp. (TSX:PNC.A, PNC.B), selected RANK Software’s Virtual Advisor to Security Analysts (VASA). Under this multi-year agreement, Postmedia will use the AI-based threat detection platform to provide real-time threat hunting capabilities throughout its worldwide network of 160 brands across multiple print, online and mobile platforms.

Postmedia currently depends on Security Information and Event Management (SIEM) solutions that collect and analyzes information on its networks, devices and users to identify security threats. While SIEMs are necessary, and investments in them should be protected, leading businesses like Postmedia realize SIEMs are no longer sufficient given the growth in the complexity, scale, and persistence of today’s threats. These include zero day events, like the DNC hack and attack on Sony, as well as threats from internal attacks such as those originating from spear phishing.

“With VASA, Postmedia will be able to stay ahead of attacks, moving from a reactive to proactive security posture, protecting their existing IT investments and providing additional protection against zero day events and other internal security threats” said Rick Costanzo, CEO, RANK Software.

VASA helps identify and prevent security threats in real-time by ingesting data from network sources and identifying anomalies for security analysts to review. VASA addresses the challenges of identifying internal and unknown threats commonly missed today by perimeter defense systems through:

• Active Learning. RANK Software helps reduce the false positives generated by most AI tools by recoding analyst feedback and allowing them to apply an action to similar alerts. This makes the VASA platform smarter over time allowing security analysts to become more efficient.
   
• Enterprise Scale. RANK Software ingests data from over 40 sources out of the box including System Network Traffic and End Point log files. It is capable of handling more than 1 billion events a day at 10+ gigabits per second
   
• Contextualization. RANK Software builds on the results of AI, machine learning, and behavioral analytics by making the data more consumable and understanding risk thresholds based on context. This helps assemble and interpret the signals needed to hunt and assess threats faster and with high precision.
   
• Flexible Architecture.  On the cloud or on-premise, RANK Software provides unparalleled context and visibility into potential breaches.

“Companies around the world tell us that they worry about the inefficiencies of sifting through tens of millions of security events each year, wasting time, money, and increasing the chance that a credible threat will slip through the cracks,” continued Costanzo.  “With RANK Software, the threat hunters and security analysts at Postmedia will have a 360-degree view of their enterprise security through a single dashboard, helping to prevent damaging intrusions.”

About RANK Software
RANK Software is a leader in security intelligence and analytics. The company’s first product, VASA, is an AI-based threat detection platform that helps enterprises identify and analyze cybersecurity threats in real time, allowing them to take a proactive security posture in the rapidly changing cyber threat landscape. For more information, please visit www.ranksoftwareinc.com.

About Postmedia Network Inc.
Postmedia Network Inc., a wholly owned subsidiary of Postmedia Network Canada Corp. (TSX:PNC.A, PNC.B), is a Canadian news media company representing more than 140 brands across multiple print, online, and mobile platforms. Award-winning journalists and innovative product development teams bring engaging content to millions of people every week whenever and wherever they want it. This exceptional content, reach and scope offers advertisers and marketers compelling solutions to effectively reach target audiences.

Media Contact:
Heidi Davidson
Galvanize Worldwide for RANK Software
Heidi@galvanizeworldwide.com
(914) 441-6862