Silicon Valley start-up Circle Security has come out of stealth mode with the unveiling of their innovative cybersecurity platform, the first credential-free, decentralized threat prevention platform. The platform has already secured backing from strategic investors, and its patented technology is set to revolutionize how companies are able to access and protect data.
Credential-driven data breaches are by far the biggest danger to the majority of companies, so this technology has huge potential for ROI (return on investment). According to a recent TechRepublic article, prevention of credential phishing has been documented to deliver an astounding 82% ROI, with potential savings of over $680,000 for businesses.
Circle Security’s decentralized platform ensures secure access to cloud data and applications, protecting data during the sign-in process and during the user journey from any device. This means that companies are finally able to rely on a unified platform to both access sensitive data securely and protect it from exposure, with full visibility and control across all user devices. With the help of Circle Security, businesses can now boast a prevention-first approach to cybersecurity with no more credential-driven attack threats or cloud compromises.
A major part of the Circle Security team is their expert advisor panel, including ‘security guru’ Bruce Schneier, well-known globally as the leader in cyber security. In his opinion, ‘Circle’s decentralized approach to authentication is both user-friendly and powerful. By reducing the user’s capability to authenticate on their own, the system provides a new level of security against phishing and other credential-stealing attacks’. Other notable advisors include Lucia Milica, Global CISO of Proofpoint; Devon Bryan, Global CIO of Carnival Corporation; and Eric Liebowitz, CISO of Thales Group.
Circle Security was founded and is lead by Phani Nagarjuna, a 3x entrepreneur who has achieved success with multiple software products, digital transformation, and two successful exits. The rest of the founding team are all experienced cybersecurity veterans, and the company is working hard to bring the ‘dream of security practitioners’ of true prevention of breaches to reality.
Circle Security’s platform is designed to help businesses protect against ransomware, endpoint protection, business email compromise and customer experience transformation, all with the help of a prevention-first approach. Enterprises can now confidently employ the best in data security posture management, remote work and passwordless infrastructure using the power of Circle Security.
