Connect with us

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website. .

Technology

IT Professional Amer Deeba Disrupts Cloud Security Platforms

iStock 1406008337 - Global Banking | Finance

IT Professional Amer Deeba Disrupts Cloud Security Platforms

So much of the cyberspace sector is disruptive by its very nature — just look at the ongoing brouhaha over artificial intelligence. It’s an industry where bold innovators seem to effortlessly come up with the most sci-fi of concepts and solutions, and none more than Normalyze CEO and co-founder Amer Deeba.

Partnering with cybersecurity veteran Ravi Ithal, Deeba and his agentless cloud security platform Normalyze immediately caught the eyes of discerning investors. Since its founding in 2020, the startup has raised over $26 million in funding. Lightspeed Ventures and Battery Ventures led the Series A funding.

The Normalyze launch couldn’t come at a more opportune time because enterprises these days are increasingly reliant on cloud systems. This increased dependence can be attributed to the ease of access offered by cloud systems, allowing remote work and reducing the cost of maintaining expensive data servers on-site. However, this has also made their data unsafe. 

With development, security, and operations teams in enterprises struggling to maintain the visibility of sensitive data, products like Deeba’s Normalyze are much needed. Its data-first cloud security platform allows DevSecOps teams to analyze cloud data stores, prioritize, and respond to real-time threats. The platform is projected to save enterprises millions of dollars by preventing data leakages. 

“What impacted information security the most is the fast move into the cloud and all that transformation that happened at a very fast pace,” Amer Deeba said in an interview with Anna Delaney, director of productions at the Information Security Media Group. “We saw companies want to innovate and create new business processes to serve their customers better and faster, and with all of that came a lot of innovation, a lot of building in the cloud, a lot of data moving into the cloud, and all of that created, of course, a lot of opportunities, but came with it, a lot of challenges also from a security perspective.

“Companies now are taking a step back and trying to look at all of that and figure out what’s the best way to address it, how to secure these cloud infrastructures and all the data that’s piling in it.” 

Amer Deeba’s Multipronged Experience

Being one of the few people in Silicon Valley who has worked as an executive and an engineer, Deeba is uniquely suited to lead Normalyze. Before he co-founded the company he was involved with multiple cybersecurity startups. He was an adviser for a software-as-a-service platform that offered attack surface management called CyCognito. He was also the go-to-market adviser for Monad Inc., a startup working to provide solutions for big data security. These positions have prepared him to steadily lead Normalyze through the early years and scale it into a thriving enterprise by devising a product that truly addresses the needs of its clients. 

Many enterprises make three common mistakes: They ignore the invisible, their security measures ensure basic compliance at best, and they lack an effective security strategy. Consequently, they’re unaware of hidden attack paths and the security measures in place are illusory. Deeba designed Normalyze to correct these mistakes. It provides visibility of undiscovered attack paths or outdated and unnecessary access. It helps with regulatory compliance and prioritizes risks for effective security.

Deeba credits his mentor, Philippe Courtot, for teaching him to analyze problems with a fresh perspective, a skill that came in handy when developing his new cybersecurity platform. “The biggest personal impact on my life was Philippe Courtot, who I met in 1993,” Deeba shared. “I met Philippe when I joined Verity that year and I immediately was drawn to his vision and ability to create technology platforms and make them ubiquitous. Philippe since then became a mentor to me and we worked together in three startups, turning all of them into market leaders.”

Deeba’s skills and experience are why his company has garnered early success. Under his leadership, the engineers at Normalyze have been working diligently to add new features to make its clients’ lives easier and their data safer. 

The latest achievement by his team includes obtaining a patent for data security posture management. This is a massive breakthrough because their clients will now benefit from the full advantages of DSPM technology. This technology will enhance data visibility, trace network paths between data stores, and flag access paths vulnerable to breaches. In addition to securing a patent, Normalyze has integrated generative artificial intelligence and incident response into its platform, allowing enterprises to communicate with their platform using natural language. The platform now also monitors enterprise data in real-time to maintain regulatory compliance.

“This patent is the first and the most important in the DSPM space. Its technology connects the risks to sensitive data in customer cloud environments, allowing them to focus on what matters most instead of chasing thousands of alerts generated by other siloed products,“ said Ithal, Normalyze chief technology officer and co-founder. “Getting the first major patent for an emerging new category such as DSPM shows our thought leadership in helping customers protect their most valuable asset, which is their data.”

Who Is the Person Driving This Disruption in the Cybersecurity Sector? 

Amer Deeba was born in a small town called Marjayoun in southern Lebanon. Currently based in San Francisco, he’s had a remarkable career that spans over two decades. During his early years, he worked as a coder for Adobe Systems and later transitioned into business management and development roles. He has acted as general manager, chief marketing officer, chief commercial officer, and vice president at many leading tech companies. 

For 17 years he worked at Qualys, a well-recognized provider of cloud and information security solutions. Deeba played a pivotal role in helping the company go public in 2012. It was there that his interest in cybersecurity was piqued.

He told Authority Magazine, “I was struck by the breach I witnessed during my Qualys tenure at an internet retailer and how impactful it was on the customer’s overall business. The main takeaways were to have access to the right data on time in order to make the right decisions and drive quick and effective remediation to address the breach.”

Deeba’s success in the IT sector can be attributed to his resilient character, which he developed during childhood. The youngest in a family of five, he was only 8 years old when he was forced to flee his home in the trunk of a taxi when the Lebanese Civil War erupted in 1975. Exposure to conflict at such a young age left a mark on him. He pursued a degree in engineering at the American University in Beirut and applied for a master’s in computer science in the United States upon graduation. 

As fate would have it, he was accepted for a master’s in electrical engineering and computer science at Santa Clara University where he quickly developed an interest in computers.

Global Banking & Finance Review

 

Why waste money on news and opinions when you can access them for free?

Take advantage of our newsletter subscription and stay informed on the go!


By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review │ Banking │ Finance │ Technology. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Post