{"id":3391,"date":"2024-05-02T17:10:42","date_gmt":"2024-05-02T22:10:42","guid":{"rendered":"https:\/\/www.darkreading.com\/endpoint-security\/mimic-launches-with-new-ransomeware-defense-platform"},"modified":"2024-05-02T17:10:42","modified_gmt":"2024-05-02T22:10:42","slug":"mimic-launches-with-new-ransomeware-defense-platform","status":"publish","type":"post","link":"https:\/\/ddi.mohflo.net\/index.php\/2024\/05\/02\/mimic-launches-with-new-ransomeware-defense-platform\/","title":{"rendered":"Mimic Launches With New Ransomeware Defense Platform"},"content":{"rendered":"<div class=\"media_block\"><a href=\"https:\/\/i0.wp.com\/eu-images.contentstack.com\/v3\/assets\/blt6d90778a997de1cd\/blt3d619a111412361d\/6581af71331702040a484c1f\/digital-defense-Ihor-Svetiukha-Alamy-Stock.jpg?ssl=1\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ddi.mohflo.net\/wp-content\/uploads\/2024\/05\/mimic-launches-with-new-ransomeware-defense-platform.jpg?w=640&#038;ssl=1\" class=\"media_thumbnail\"><\/a><\/div>\n<div><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ddi.mohflo.net\/wp-content\/uploads\/2024\/05\/mimic-launches-with-new-ransomeware-defense-platform.jpg?w=640&#038;ssl=1\" class=\"ff-og-image-inserted\"><\/div>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\"><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\">The number of ransomware and associated extortion attacks are growing, with reports nearly every day of the kind of <\/span><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\"><a class=\"ContentText-BodyTextChunk ContentText-BodyTextChunk_link\" target=\"_blank\" href=\"https:\/\/www.darkreading.com\/ics-ot-security\/turkish-cyber-threat-targets-mssql-servers-mimic-ransomware\" rel=\"noopener\">damage inflicted<\/a><\/span><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\"> on the victim of organizations. These attacks <\/span><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\"><a class=\"ContentText-BodyTextChunk ContentText-BodyTextChunk_link\" target=\"_blank\" href=\"https:\/\/www.darkreading.com\/cyberattacks-data-breaches\/ransomware-as-a-service-spawns-widespread-cyberattacks-in-mea\" rel=\"noopener\">disrupt business operations<\/a><\/span><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\"> that result in significant downtime. In some cases, data is stolen. Educational institutions, retail and <\/span><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\"><a class=\"ContentText-BodyTextChunk ContentText-BodyTextChunk_link\" target=\"_blank\" href=\"https:\/\/www.darkreading.com\/cyberattacks-data-breaches\/round-2-change-healthcare-targeted-second-ransomware-attack\" rel=\"noopener\">healthcare entities<\/a><\/span><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\">, and critical infrastructure organizations have all been targeted over the past few months.<\/span><\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\"><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\">Mimic, <\/span><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\"><a class=\"ContentText-BodyTextChunk ContentText-BodyTextChunk_link\" target=\"_blank\" href=\"https:\/\/www.prnewswire.com\/news-releases\/ransomware-defense-company-mimic-emerges-from-stealth-announces-27m-seed-round-from-ballistic-menlo-team8-wing-and-shield-302133169.html\" rel=\"noopener\">coming out of stealth May 2<\/a><\/span><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\">, is a ransomware defense company offering organizations a way to detect, deflect, and recover from ransomware attacks. The company claimed its software-as-a-service platform is capable of restoring the organization\u2019s environment and data back to an uninfected state within 24 hours without needing to pay a ransom.<\/span><\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\"><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\">Details about the technology is sparse, but the company has the support of several well-known names, including Ted Schlein, general partner at Ballistic Ventures, who joined the Board of Directors; and Marie Mouchet, former CIO of Colonial Pipeline, who joined the Advisory Board.<\/span><\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\"><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\">Mimic\u2019s platform works \u201cin concert\u201d with the customer\u2019s existing security controls, Mimic CEO&nbsp; Derek Smith said in a statement. Smith was formerly the CEO of Shape Security, the web and mobile application security company which was <\/span><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\"><a class=\"ContentText-BodyTextChunk ContentText-BodyTextChunk_link\" target=\"_blank\" href=\"https:\/\/www.darkreading.com\/application-security\/f5-pays-1-billion-for-shape\" rel=\"noopener\">acquired by F5 in 2019 for $1 billion<\/a><\/span><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\">.&nbsp;<\/span><\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\"><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\">As part of the launch, Mimic also raised $27 million in seed funding from Ballistic Ventures, Menlo Ventures, Team8, Wing Venture Capital, and Shield Capital. The company said Apex Group, a financial services provider, is currently using the platform.<\/span><\/p>\n<p><a href=\"https:\/\/www.darkreading.com\/endpoint-security\/mimic-launches-with-new-ransomeware-defense-platform\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The number of ransomware and associated extortion attacks are growing,<\/p>\n","protected":false},"author":12,"featured_media":3392,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[809],"class_list":["post-3391","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-dark-reading"],"featured_image_urls":{"full":["https:\/\/i0.wp.com\/ddi.mohflo.net\/wp-content\/uploads\/2024\/05\/mimic-launches-with-new-ransomeware-defense-platform.jpg?fit=1200%2C750&ssl=1",1200,750,false],"thumbnail":["https:\/\/i0.wp.com\/ddi.mohflo.net\/wp-content\/uploads\/2024\/05\/mimic-launches-with-new-ransomeware-defense-platform.jpg?resize=150%2C150&ssl=1",150,150,true],"medium":["https:\/\/i0.wp.com\/ddi.mohflo.net\/wp-content\/uploads\/2024\/05\/mimic-launches-with-new-ransomeware-defense-platform.jpg?fit=300%2C188&ssl=1",300,188,true],"medium_large":["https:\/\/i0.wp.com\/ddi.mohflo.net\/wp-content\/uploads\/2024\/05\/mimic-launches-with-new-ransomeware-defense-platform.jpg?fit=640%2C400&ssl=1",640,400,true],"large":["https:\/\/i0.wp.com\/ddi.mohflo.net\/wp-content\/uploads\/2024\/05\/mimic-launches-with-new-ransomeware-defense-platform.jpg?fit=640%2C400&ssl=1",640,400,true],"1536x1536":["https:\/\/i0.wp.com\/ddi.mohflo.net\/wp-content\/uploads\/2024\/05\/mimic-launches-with-new-ransomeware-defense-platform.jpg?fit=1200%2C750&ssl=1",1200,750,true],"2048x2048":["https:\/\/i0.wp.com\/ddi.mohflo.net\/wp-content\/uploads\/2024\/05\/mimic-launches-with-new-ransomeware-defense-platform.jpg?fit=1200%2C750&ssl=1",1200,750,true],"chromenews-featured":["https:\/\/i0.wp.com\/ddi.mohflo.net\/wp-content\/uploads\/2024\/05\/mimic-launches-with-new-ransomeware-defense-platform.jpg?fit=1024%2C640&ssl=1",1024,640,true],"chromenews-large":["https:\/\/i0.wp.com\/ddi.mohflo.net\/wp-content\/uploads\/2024\/05\/mimic-launches-with-new-ransomeware-defense-platform.jpg?resize=825%2C575&ssl=1",825,575,true],"chromenews-medium":["https:\/\/i0.wp.com\/ddi.mohflo.net\/wp-content\/uploads\/2024\/05\/mimic-launches-with-new-ransomeware-defense-platform.jpg?resize=590%2C410&ssl=1",590,410,true]},"author_info":{"display_name":"Dark Reading","author_link":"https:\/\/ddi.mohflo.net\/index.php\/author\/darkreading\/"},"category_info":"<a href=\"https:\/\/ddi.mohflo.net\/index.php\/category\/uncategorized\/\" rel=\"category tag\">Uncategorized<\/a>","tag_info":"Uncategorized","comment_count":"0","jetpack_featured_media_url":"https:\/\/i0.wp.com\/ddi.mohflo.net\/wp-content\/uploads\/2024\/05\/mimic-launches-with-new-ransomeware-defense-platform.jpg?fit=1200%2C750&ssl=1","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/ddi.mohflo.net\/index.php\/wp-json\/wp\/v2\/posts\/3391","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ddi.mohflo.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ddi.mohflo.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ddi.mohflo.net\/index.php\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/ddi.mohflo.net\/index.php\/wp-json\/wp\/v2\/comments?post=3391"}],"version-history":[{"count":0,"href":"https:\/\/ddi.mohflo.net\/index.php\/wp-json\/wp\/v2\/posts\/3391\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ddi.mohflo.net\/index.php\/wp-json\/wp\/v2\/media\/3392"}],"wp:attachment":[{"href":"https:\/\/ddi.mohflo.net\/index.php\/wp-json\/wp\/v2\/media?parent=3391"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ddi.mohflo.net\/index.php\/wp-json\/wp\/v2\/categories?post=3391"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ddi.mohflo.net\/index.php\/wp-json\/wp\/v2\/tags?post=3391"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}