Business Wire

Axway Partners with Elastic Beam to Leverage Artificial Intelligence for API Security

Jaa

To protect global organizations against ever-increasing security threats, Axway (Paris:AXW) (Euronext: AXW.PA) a catalyst for digital transformation, today announced a global partnership with Elastic Beam, an innovative Silicon Valley-based company that uses artificial intelligence (AI) algorithms to protect APIs. Together, Axway and Elastic Beam will help organizations achieve optimal security and ecosystem engagement by leveraging an AI engine, integrated with Axway API Gateway, that automatically detects and blocks new attacks on APIs. The Elastic Beam integration leverages pre-configured Axway API Gateway policy available through Axway Marketplace that enables customers full control over their environment. The solution will be featured at APIdays Paris.

APIs are an essential element for modernizing IT infrastructures and represent a new attack surface that is increasingly targeted by hackers to take over accounts, steal critical consumer and business data, delete important information, commit fraud and conduct other harmful activity, including DDoS attacks on APIs. To protect organizations against those threats, infrastructures need to not only leverage the security of the API gateway, but also need to dynamically identify and block hackers. Elastic Beam uses an advanced AI engine to sort out API sessions and traffic to identify what is abnormal or suspicious for automated termination.

By combining the Elastic Beam solution with Axway AMPLIFY API Management, which enables organizations to manage the entire API lifecycle by providing an integrated solution to create, control, secure and consume APIs, customers can secure their digital assets against emerging cyber threats while providing complete visibility over their environments.

“We are witnessing an influx of API attacks globally and most go undetected as organizations are still wrestling with this new set of threats. In fact, many household brands have had to apologize for well-publicized attacks that used their APIs to steal private consumer information,” said Bernard Harguindeguy, CEO, Elastic Beam. “Elastic Beam is pleased that we can work with an established API management industry leader like Axway to protect against a broad range of API cybersecurity attacks that global organizations are constantly fighting.”

Elastic Beam extends Axway’s security capabilities by offering:

  • Instant attack detection and blocking. Elastic Beam provides deep API traffic inspection, backed by a scalable and powerful artificial intelligence engine capable of determining API behavior and identifying threats. Elastic Beam also provides a deception environment that inserts decoy APIs within real ones to instantly trap hackers and block access.
  • Complete visibility into new API attacks via dashboards and reports. Using AI, Elastic Beam accelerates the gathering of evidence after an attack, tracks compliance and gives organizations full visibility into all activity. This complements Axway’s monitoring and analytics capabilities for visibility into new API threats.
  • Blocking cyberattacks in multi-cloud environments. The solution supports deployments on-premise, and in private and public cloud, and propagates attack information across the customer’s clouds to prevent attacks from reconnecting.

“We are excited about our partnership with Elastic Beam and proud that our customers are now able to benefit from a comprehensive security solutions for API environments. Axway implements access control, and then rate limiting or quota for authorized consumers, Elastic Beam complements by identifying atypical behavior based on the usage pattern of APIs. This allows us to detect attacks even with valid credentials,” said Suraj Kumar, VP Solution Management, Axway. “Axway is focused on providing best in class API security at the Edge of the enterprise. Partnering with Elastic Beam enables Axway to deliver an innovative AI security module that detects new API threats. We wanted to enable existing customers to easily activate this module on sensitive traffic quickly and then do a progressive rollout.”

Supporting Resources

  • Read more about Axway and Elastic Beam here.
  • Follow Axway’s news on Twitter: @Axway

About Axway

Axway (Euronext: AXW.PA) is a catalyst for transformation. With Axway AMPLIFY™, our cloud-enabled data integration and engagement platform, digital leaders anticipate, adapt and scale to meet rising customer expectations. Our unified, API-first approach connects data from anywhere, expands collaboration, fuels millions of apps and delivers real-time analytics to build customer experience networks. From idea to execution, we help make the future possible for more than 11,000 organizations in 100 countries. To learn more, visit www.axway.com.

About Elastic Beam

Founded in 2014, Elastic Beam is headquartered in Redwood City, CA. The company delivers AI-powered cybersecurity for the API-driven economy. Elastic Beam’s flagship solution, API Behavioral Security, was built by Silicon Valley entrepreneurs with a history of success in the Cloud infrastructure, API Gateway, and security space. To learn more about how Elastic Beam can bring intelligence and security to your API environment, please visit http://www.elasticbeam.com.

Contact information

Media
Blanc & Otus
Simon Jones, 415-856-5155
simon.jones@blancandotus.com

Tietoja julkaisijasta

For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.

Tilaa tiedotteet sähköpostiisi

Haluatko tietää asioista ensimmäisten joukossa? Kun tilaat mediatiedotteemme, saat ne sähköpostiisi välittömästi julkaisuhetkellä. Tilauksen voit halutessasi perua milloin tahansa.

Lue lisää julkaisijalta Business Wire

Intesa Sanpaolo Turns to Gemalto for Italy’s First Biometric Contactless Payment Card Pilot19.12.2018 09:00Tiedote

Gemalto, the leader in digital security, is supplying Intesa Sanpaolo, the number one banking group in ltaly, with the first Mastercard biometric contactless payment card. The pilot promoted by Intesa Sanpaolo and Mastercard allows to test an EMV contactless biometric card for the first time in Europe. Consumers may simply tap their card to any POS terminal to pay and authorize the transaction with their fingerprint, combining a fast and convenient user experience to an advanced cardholder authentication approach. In addition, the card works without a battery as it’s powered by the terminal which means that there is no limit on the number of transactions. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20181218005481/en/ Biometric payment card (Photo: Gemalto) Enhanced contactless payment working with existing infrastructure Intesa Sanpaolo’s initiative is the latest step forward in the bank’s ambitious digital transformation s

Agreement Between Human Horizons, Wuxi Weifu e-Drive Technology and Protean Electric Will Deliver Mass Produced In-Wheel Motors for Intelligent Connected Vehicles19.12.2018 08:01Tiedote

Human Horizons, the mobility technology innovator, Protean Electric Ltd, the automotive technology company, and Wuxi Weifu e-Drive Technology Ltd. (“WFDT”) are pleased to announce their memorandum of strategic co-operation to develop and manufacture in-wheel motors for the next generation of intelligent connected vehicles. The co-operation brings together some of the most technologically advanced and innovative companies in the automotive sector. A dedicated team and production facility will be created in China to deliver in-wheel motors at scale, simplifying production systems, reducing development lead times and accelerating the benefits that in-wheel motors bring to the market for future transport solutions. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20181218005879/en/ Mark Stanton, CTO of Human Horizons and Wang Xiaodong, Deputy Chairman of Weifu High-Technology Group Ltd signed the memorandum of strategic cooperation

Akaal Pharma Pty Ltd Announces Licensing Agreement for its First-in-Class, Topical Spingosine-1-Phosphate-1 (S1P1) Receptor Modulator for Atopic Dermatitis and Psoriasis19.12.2018 02:56Tiedote

Akaal Pharma Pty Limited (Akaal Pharma) today announced that it has entered into a licensing agreement for Akaal Pharma’s First-in-Class, topical Spingosine-1-Phosphate-1 (S1P1) modulator, AKP-11, with Boston Pharmaceuticals, Inc. (Boston Pharmaceuticals). AKP-11 is a differentiated S1P1 modulator, which potentially has clinical applications in a number of inflammatory, immune and vascular diseases. Akaal Pharma has demonstrated the clinical activity of AKP-11 in multiple Phase-1 clinical studies. Under the terms of the license, Boston Pharmaceuticals is responsible for the further clinical development and commercialisation of AKP-11 for the Americas and Europe. Akaal Pharma has the rights for the rest of the world. Financial terms of the agreement were not disclosed. "We continue to actively prioritize and expand our dermatology and pain programs to serve the wider global community suffering from these diseases and where there is need of safe and effective treatment,” said Chairman of

Takeda Announces Listing of American Depositary Shares on the New York Stock Exchange19.12.2018 01:33Tiedote

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION Takeda Pharmaceutical Company Limited (TSE: 4502) (“Takeda”) today announced that the listing and trading of its American Depositary Shares (“ADSs”) on the New York Stock Exchange (“NYSE”) is expected to commence on December 24, 2018. Takeda’s ADSs currently trade over-the-counter. The ADSs will now trade under the ticker symbol “TAK” and The Bank of New York Mellon will continue to act as the depositary bank for the ADS program. Takeda will maintain its headquarters in Japan and its primary listing on the Tokyo Stock Exchange (the “TSE”), as well as its current listings on local Japanese stock exchanges. “Our dual listing on the NYSE and TSE reflects our position as a leading global biopharmaceutical company and will provide wider capital markets access with expanded trading hours for our in

Sestek Speech Analytics Scores the Highest Overall Vendor Satisfaction Mark from Customers in DMG Consulting Survey18.12.2018 22:00Tiedote

Sestek today announced that it was recognized for getting the highest overall vendor satisfaction rating from customers in DMG Consulting’s 2018 – 2019 Speech Analytics Product and Market Report. Compared to the featured competitors, Sestek Speech Analytics achieved the highest customer ratings in 8 major vendor categories out of 10. Here are the 7 categories in which Sestek Speech Analytics received a perfect score of 5.0 by the customer satisfaction ratings: • Training and workshops • Ongoing service and support • Professional services • Innovation • Responsiveness to product enhancement requests • Vendor communication • Overall vendor satisfaction Donna Fluss, the President of DMG Consulting -providing comprehensive coverage and authoritative analysis for the market- stated the importance of speech analytics: “Speech analytics has always been interesting because of its unique contributions to the understanding of voice interactions in the contact center. Companies that invest in the

Brand Marketing and Social Purpose Veteran Larry Koffler Joins BCW18.12.2018 21:31Tiedote

BCW (Burson Cohn & Wolfe), a leading global communications agency, today announced that Larry Koffler has joined as Executive Vice President, Managing Director in the agency’s Brand Solutions Practice in New York. He will join BCW on January 14, 2019. “Larry has had an extraordinary career leading integrated communications programs that bridge brand, corporate and purpose for some of the world’s most iconic brands and organizations,” said Chris Foster, President, North America, BCW. “His award-winning experience across a wide variety of industries will be invaluable to clients – and in particular purpose-driven clients – that need powerful programs that exceed expectations and drive meaningful results. I am excited for what he will add to BCW’s celebrated brand solutions business.” Koffler will report to Thomas Bunn, Executive Vice President, Managing Director, Brand Solutions. Koffler joins BCW from Edelman, where he spent the entirety of his career and most recently served as Executi

Uutishuoneessa voit lukea tiedotteitamme ja muuta julkaisemaamme materiaalia. Löydät sieltä niin yhteyshenkilöidemme tiedot kuin vapaasti julkaistavissa olevia kuvia ja videoita. Uutishuoneessa voit nähdä myös sosiaalisen median sisältöjä. Kaikki STT Infossa julkaistu materiaali on vapaasti median käytettävissä.

Tutustu uutishuoneeseemme