Periodic Reporting for period 1 - ELEVATE (ELEVATE - Automated Detection & Response Control Access Network Security Platform to face the most sophisticated security threats)
Reporting period: 2019-02-01 to 2019-05-31
Opencloud Factory brings to the market ELEVATE, the first integrated, centralized, modular, scalable, multivendor and autonomous NAC 3.0 solution that allows organizations to authenticate, authorize and audit all access based on a set of security policies, thus providing full visibility of connected devices and users and that includes Security Automation and Orchestration (SAO) and Managed Detection and Response (MDR) capabilities, which will enable to orchestrate the collection of alerts, assess their criticality, coordinate incident response and remediation. Our main objectives are: 1) the optimization of the platform by implementing functional enhancements of existing modules, together with new features (Cloud service, Security Simulator and Open Source version); 2) Security Orchestration and Integrations; 3) Advanced (Predictive) Analytics and 4) OT/IIoT Adaptation.
During the Feasibility Study we have performed a technical, commercial and financial assessment of the project. From the positive experience gained through the trials performed, we have specified the technical requirements for our new ELEVATE modules, together with the definition of use cases and application scenarios, the identification of the technical risks indicators and the corresponding mitigation and contingency strategies. We have also envisioned an initial definition of Work Packages and tasks for Phase 2. Additionally, we extended our market analysis and update the financial forecast accordingly.
Compared with the main solutions available in the market, ELEVATE offers many advantages: 1) Autonomy in detection and response, which significantly reduces the MTTD & MTTR within organizations (45%-55%); 2) Centralization; 3) Flexibility (802.1x or port span, agent or agentless); 4) Ease to integrate with other best-of-breed security solutions; 5) Multivendor/multi-version; 6) Hardware agnostic; 6) Scalable; 7) Affordable cost (pay-as-you-grow model and also perpetual license model). Besides, ELEVATE is a significant step forward in reducing greenhouse gases in the services sector by maximizing the efficiency of IT and Security teams, and therefore optimizing the operational computing resources, which entails a sensible reduction in power consumption. We have estimated this will contribute to an average decrease in the carbon monoxide pollution of up to 1.5%. ELEVATE will also boost the global position of EU Security suppliers facilitating job creation in this sector.