The Detroit CSA Welcomes ColorTokens & Checkpoint!

850 Tower Drive,Troy MI 48098

07 March, 2023

Description

Checkpoint: Digital transformation is considered a crucial competitive factor in modern business, and in today’s world it includes cloud usage. Multi-cloud and hybrid environments are uncharted territory, at least to some extent, and it may not be self-evident which skill sets are needed. What’s more, the security personnel essential to that transformation are in short supply. During this talk, we will explore: The importance of cloud security as part of digital transformationThe challenges we’re facing as an industry in securing everything, everywhereHow we’re solving for the cloud security skills gapColorTokens: Digital version of Military Arms-Race is essentially cybersecurity. We keep pouring money to invent better defense and the determined adversaries invent ways to successfully infiltrate our defenses with incredible monetary, operational, and reputational losses. It is estimated that trillion of dollars of IP has been stolen. What’s the root cause? Over 90% of the organizations have implemented some form of 50-year-old paradigm of Firewalls-Subnets-ACLs; AV, and SIEMs. The next paradigm of IPS/IDS and XDR is considered to be the new wave which has also proven to be inadequate. An overwhelming number of organizations are blind to the East-West traffic and have completely inadequate security to protect OT, SCADA, ICS, and legacy assets. The likelihood of cybertheft is an issue of WHEN and not IF. And CISOs have incredible challenges of continuous pressures to be cost-effective with more to-do’s on their list than manpower available. When the Board asks, “Are we secure”, it is kind of difficult to answer. ColorTokens is the next generation paradigm of Zero Trust Cybersecurity to exactly solve these critical issues. We believe we are the only company that offers Unified Zero Trust Cybersecurity SaaS platform that provides comprehensive security in Data Centers (on-prem and with agent or agentless), Cloud (agentless), OT (agentless and includes IoT, SCADA, ICS, or Medical Devices), and remote Users (includes employees, vendors, contractors, customers, partners, etc.). It provides workload security in VMs and in Containers. It provides Microsegmenation from end-to-end, i.e., from Users to Workloads. Today, most of these are piecemeal solutions provided by many vendors with fragmented solutions, from Palo Alto Networks, Cisco, VMWare, Illumio, Wiz, Zscaler, etc., all of them being multi-billion-dollar market cap companies, none with a comprehensive solution. What we don’t do is Identity, XDR, or SIEM, but readily work with the vendors in these spaces. More importantly, ColorTokens takes a progressive Kaizen approach to give CISOs 90% of security (risk reduction) with what we believe is only 10% of the effort. This is because the solution is modular, non-disruptive, and much easier to implement as it is augmented by machine learning. We do not need to rip or replace installed solutions but over a few months, the CISOs and CIOs find significant reduction in their cost structure as number of false positive alerts are reduced, amount of SIEM logged volume is reduced, high level of cyber skill requirements are reduced, need for renewals of some IDS/IPS products is reduced, and time to implement is significantly compressed. The agentless solution allows us to fully protect legacy and manufacturing systems with minimum amount of RAM memory. In summary, ColorTokens is a Breach Protection, Cyber Resiliency, Compliance Assurance, and Cost Reduction Company. We are delighted to be part of the Detroit CSA chapter and look forward to the discussion. Speaker Bios Dr. Nitin Mehta Nitin Mehta is an accomplished serial entrepreneur, venture capitalist, and philanthropist out of Silicon Valley. He has a passion for finding and nurturing terrific entrepreneurs to build large successful tech, biotech, and non-tech companies. In doing so he leverages his consulting proficiency gained with McKinsey & Company; executive management leadership with series of private and public companies in multiple sectors such as B2B enterprise software, healthcare, legal, travel, cruise lines, supply chain, distribution, etc.; and honor of being the first venture capitalists of Indian origin in Silicon Valley. He is an active investor in several VC, PE, and RE funds throughout the world. He was also a co-founder of TiE (The Indus Entrepreneurs), the largest global non-profit entrepreneurial organization in the world with 60 chapters worldwide. Dr. Mehta is currently Executive Chairman of ColorTokens, a high-growth cybersecurity firm, and sits on the board of a wide variety of tech and non-tech companies. Mr. Mehta earned a Doctor of Business Administration from Harvard Business School, an MBA from University of Wisconsin, and a bachelor’s degree in engineering (summa cum laude) from SD Tech. https://www.linkedin.com/pub/nitin-mehta/14/370/a3b Satyam TyagiVice President Products, ColorTokens As the Vice President Products of ColorTokens, a cutting-edge Zero Trust cybersecurity company, Satyam leads the strategy and direction of all products and features, and works closely with other departments to drive product adoption and growth. Satyam has close to 25 years of experience building enterprise-grade security products for networking, clouds, mobile devices, and user access technologies. He was awarded six patents in application security and networking, including products sold by Cisco and Avaya. An inaugural director of Samsung Mobile Enterprise Lab, Satyam led the team originating Samsung Knox smartphone security platform enabling Samsung phones to be certified for US military use. At Zscaler, he led mobile security products protecting sensitive data for some of the world’s largest enterprises. Satyam has also held product and technology leadership roles at several startups and networking giants like Juniper and Cisco. Satyam holds a Master’s in Computer Science from the University of North Texas and Bachelor’s in Computer Science and Engineering from IIT (BHU). http://linkedin.com/in/ucsecurity