Spherical Defence has been selected to participate by VCs for its advanced application-layer anomaly detection platform powered by unsupervised deep learning, which enhances security teams through increased visibility into network traffic and reduced false positives
San Francisco, California – 02/19/2018 – Spherical Defence has been selected to participate in the first-ever RSA® Conference 2019 Launch Pad event for its work in application-layer anomaly detection using unsupervised deep learning. On Tuesday, March 5, Spherical Defence will present its industry solution to a panel of high-profile Venture Capitalists (VCs) in a live, Shark Tank®-style format. Spherical Defence will gain large-scale exposure to prominent infosec influencers and potentially walk away with real investments that could expedite growth with customer adoption.
What can cyber security learn from a computer that can write poetry? Jack was a researcher at the University of Cambridge, helping computers to master English verse, when he met Dishant. They combined Jack’s linguistic background and Dishant’s cyber security domain knowledge to create Spherical Defence. Together they set out to address a $50 billion market by applying unsupervised deep learning to the problem of application-level Intrusion detection.
Currently, applications either communicate outside of your internet presence via APIs, or within your infrastructure in the form of “East-West” traffic. In both cases, applications often use tree-structured formats such as JSON or XML. These complex data-types make intrusion detection and traffic analysis difficult for static rule and signature-based systems. Rules must be updated constantly and cause many false positives, which result in alert fatigue. Spherical Defence uses proprietary Representation Learning technology to first capture the inherent meaning of application requests, and then model sequences of normal user and session behaviour. This provides enhanced visibility for security teams into both API and East-West traffic, which reduces the time to detect intrusions and reduces false positives. Spherical models learn constantly to account for user behavioural shifts over time, and have minimal maintenance costs.
“We’ve seen the field of Computational Linguistics effectively tackle complex commercial problems such as Speech Recognition and Translation in the last few years. Much of this success is due to Representational Learning, which is a highly effective tool for capturing the meaning in text. We’ve found that by adapting these techniques, we can derive great insights into application communications throughout a company’s network infrastructure said Jack Hopkins, CTO , Spherical Defence.
RSAC Launch Pad is designed to give burgeoning cybersecurity talent a springboard to launch their innovative solutions addressing the most pertinent and pressing challenges in cybersecurity. Spherical Defence was selected by the participating VCs earlier this year from a pool of applicants meeting participation requirements, including being incorporated for two years or less, privately held with no revenue, having no more than a first round of funding, and launching commercial sale to the public after RSA Conference 2019.
Spherical Defence will have 10 minutes to convince leading security VCs Theresia Gouw, co-founder of Aspect Ventures, Enrique Salem, partner at Bain Capital Ventures, and Ted Schlein, managing and Innovation Sandbox Finalists general partner at Kleiner Perkins Caufield & Byers, of their groundbreaking ideas. RSA Conference Program Chair Dr. Herbert (Hugh) Thompson, who played a major role in the development of RSAC Launch Pad, will make introductions.
“The inaugural RSAC Launch Pad event is unique in that it doesn’t crown a ‘winner’ or promise riveting showdowns, it instead will give these impressive earlier-stage startups an unmatched platform to expedite their business idea in front of influential CISOs, VCs, industry experts, senior level business practitioners and thought leaders that attend RSA Conference, the world’s leading security event,” said Sandra Toms, Vice President and Curator of RSA Conference. “We know these three developing companies will use the momentum gained on the RSAC Launch Pad stage to accelerate their businesses and make real, lasting change in the industry.”
The contest will be hosted at the Marriott Marquis in The Sandbox (Yerba Buena 8). Doors will open at 3:50 PM on March 5 and the pitches will begin at 4:05 PM.
More information regarding RSA Conference 2019, taking place at the Moscone Center and the Marriott Marquis in San Francisco from March 4-8, can be found at: www.rsaconference.com.
About Spherical Defence
Spherical Defence applies representation learning to the problem of application-level anomaly and intrusion detection. The company’s goal is to address three customer pain points, specifically: alert fatigue, low visibility and the high maintenance costs associated with existing application-level security systems.
To accomplish this, the company has built the only anomaly detection system on the market that focuses on tree-structured data, such as JSON and XML, which forms the mainstay of several communication interfaces such the Web API, System Calls and internal East-West traffic.
Additionally, the detection system understands user sessions and workflows to get contextual actionable insights user traffic and motivation. Spherical Defence technology can be deployed either in a passive offline mode or in an active inline mode to block threats in real-time.
Spherical Defence is comprised of researchers from Oxford, Cambridge and Berkeley Labs, who have published over 50 academic papers between them – including in Nature. They are supported by a team of engineers from Google, Sky and Amazon.
Spherical Defence’s investors include Point72 Ventures, Conversion Capital and HOF Capital, and was in the first intake into the GCHQ cyber accelerator.
About RSA Conference RSA® Conference is the premier series of global events and onDemand programs where the world talks security and leadership gathers, advances and emerges. Whether attending in the U.S., the EMEA region, the Asia-Pacific region or online, RSA Conference events are where the security industry converges to discuss current and future concerns and get access to the people, content and ideas that help enable individuals and companies to win, grow and do their best. It’s about bringing all
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against cyberthreats around the world. RSA Conference is the ultimate marketplace for the latest technologies and hands-on educational opportunities that help industry professionals discover how to make their companies more secure while showcasing the most enterprising, influential and thought-provoking thinkers and leaders in security today. For information on events, online programming and the most up-to-date news pertaining to the information security industry visit www.rsaconference.com.