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Cyble: Empowering Healthcare Service Providers with State-of-the-Art Cybersecurity

Beenu Arora & Manish Chachada Cyble
Beenu Arora, CEO and Manish Chachada, COO, Cyble

Can you imagine a world without internet today? It’s difficult to separate information technology from our lives. From ordering groceries online and opting for digital banking services to working from home and looking after our health through health apps, every aspect of our lives is impacted by the technology.

Undoubtedly technology has made our lives simpler. However, it has also brought a myriad of disadvantages with it. As the whole world pivoted to an everything-digital approach during the initial phase of the COVID-19 pandemic, it also presented hackers with more opportunities to introduce sophisticated malwares and phishing attacks.

In such conditions, businesses choose prevention against cyberattacks by availing mitigation services from cyber intelligence companies. Established in 2019, Cyble is one such cyber intelligence company that has been empowering businesses with their mitigation services and cybercrime monitoring.

Backed by Y Combinator as a part of its 2021 winter cohort, Cyble has been recognized by Forbes as one of the top 20 Best Cybersecurity Startups to Watch in 2020. More recently, Cyble secured a spot as a Silver Winner at the Cybersecurity Excellence Awards 2021 for its Threat Detection, Intelligence, and Response – North America.

We at Insights Care interviewed Beenu Arora, CEO and Manish Chachada, COO of Cyble for its latest edition where the duo shared the genesis of the company and how, through its unique offerings, the company has been empowering businesses against cybercrimes.

Keep reading to get a glimpse of cyber security world and the current scenario of healthcare and cyber security shared by these experienced leaders.

Please brief our audience about Cyble, its mission, and the key aspects of its stronghold within the cyber security niche.

Founded in 2019, Cyble is an Atlanta-based, AI-powered, and Y Combinator-backed cyber intelligence company that empowers businesses with darkweb and cybercrime monitoring and mitigation services. Cyble’s ultimate objective is to provide organizations with real-time visibility into their threat landscape.

Cyble has an extensive team of qualified industry experts, security researchers, and cyber security specialists. At Cyble, we are continually striving towards expanding our visibility over the darkweb and updating our technology to match the ever-increasing sophistication of cyberattacks.

Tell us more about your products and services which make your company stand out from the competition?

Cyble Vision is our proprietary SaaS product that indexes internet-wide data from the deep, dark, and surface web.

Comprising over 140B+ darkweb records, 15B+ open-source intelligence (OSINT) records, and 50B+ threat indicators, our extensive datasets help us analyze close to a billion pages every day, hunting for key cyber security events with our proprietary risk models. Cyble stands out from the competition on account of the scale, depth, diversity, and accuracy of its constantly expanding database.

What is your opinion on the impact of the current pandemic on the global cyber security space, and what challenges did you face during the initial phase of the pandemic?

The pandemic has placed the health sector at the receiving end of novel cybersecurity challenges arising from cyberthreats with COVD-19 as the threat vector. As the world continues to battle the current coronavirus crisis, cybercriminals are taking advantage of the panic to launch sophisticated scams and phishing attacks on enterprises, individual computing systems, and healthcare and research institutions. We expect cybersecurity challenges to evolve over the months to come.

During the challenging time, as organizations grappled with unprecedented changes and adjusted to measures such as work-from-home, Cyble was not left unaffected. The safety of our employees was of paramount importance to us. Employee health and well-being continues to be of utmost importance to us. With our workforce scattered across the world, our efforts continue to be directed at supporting our workforce and helping them navigate through the crisis.

With continuous development in technologies such as AI and big data, what is your prediction about the future of the cyber security space pertaining to the healthcare services?

Threat actors quickly adapt to new technologies. With the rapid development and adoption of disruptive technologies such as AI, machine learning, and big data, cybercriminals are sure to leverage the situation to launch cyberattacks with escalating degrees of sophistication.

The pandemic has significantly impacted the cyberthreat landscape in the healthcare sector. With targeted attacks on the COVID-19 vaccine cold chain to leaked medical records, we expect the healthcare sector to be met with an increased array of cybercrime in the future. As the healthcare industry adopts advanced technologies for improved patient treatment, cybercriminals and cyber threat actors can be expected to exploit the vulnerabilities that may accompany these changes.

As an established leader, what would be your advice to the budding entrepreneurs and enthusiasts aspiring to venture into the cyber security industry?

For any business, old or new, it is important to set stringent security protocols. As a budding entrepreneur and cybersecurity enthusiast, its crucial to stay abreast of the changing threat landscape and the evolution of the cybersecurity industry. Having data safety systems in place and conducting routine security audits are a must. Another critical aspect is to train employees on spotting potential security problems.

How do you envision on scaling your company’s operations and offerings in 2021?

Being a growing company, Cyble is actively expanding its global team in lockstep with the needs of our increasing client base. This helps us understand our clients’ needs better and provide them with timely and actionable intelligence.

In addition, with cybercrime showing no signs of slowing down in 2021, our efforts are continuously directed at implementing innovative techniques and technologies to further expand our visibility across the Darkweb. A significant aspect of scaling our capabilities also involves boosting our artificial intelligence and human intelligence to higher levels.

About the leaders

Beenu Arora is a Senior Technology Strategist, cybersecurity leader having completed his MBA from London Business School and Columbia Business School. He has over 15 years of extensive international and cross-functional experience in technology, cyber-security, risk consulting and transformation programs in financial and energy, utilities and mining sectors across IT and OT/ICS/SCADA.

He has advised multiple FORTUNE® 50 and FORTUNE® 100 organizations on engagements ranging from cybersecurity strategy development to program execution and operations. Beenu is also a member of the Forbes Technology Council with 15+ years of international cybersecurity experience prior to Cyble.

Manish Chachada, Co-founder, and COO of Cyble, is a seasoned professional with over 15+ years of International Corporate Finance and Business Management experience. His experience spans across business and financial management, operations management, auditing and assurance, merger and acquisitions (M&A), international tax strategy, and capital raising. A Chartered Accountant from the Institute of Chartered Accountants of India and an MBA from Columbia and London Business School, Manish takes a keen interest in business and technology.

Currently, he co-chairs the special interest technology group for Financial Executive Network Group (FENG), one of the largest global networks for finance professionals. In February 2021, Manish became a part of the prestigious Forbes Business Council, an invitation-only community for world-class C-suite and business executives.



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