Alphabet, the parent company of Waymo, Nest, Google and many other companies today announced the launch of a new cybersecurity company using X technology called Chronicle. Its main focus is to offer greater possibility of finding and fighting off hackers.
"We want to 10x the speed and impact of security teams' work by making it much easier, faster and more cost-effective for them to capture and analyze security signals that have previously been too difficult and expensive to find. We are building our intelligence and analytics platform to solve this problem." said Stephen Gillett, the new CEO of Chronicle.
Chronicle will handle and keeps clients’ data secured by analysing the problems using analytics and machine learning tools. VirusTotal, a security company that was acquired by Google in 2012 for its online scans and antivirus products is folded into Chronicle.
"We hope that by making this mix of technologies available to more companies at affordable prices, we can give 'the good guys' an advantage and help us all turn the tide against cybercrime," Gillett said in the blog post.
As Chronicle is not the first firm to start this method, it will be compelling to look at how it is distinct from its challengers, which includes different log analytics organizations and the likes of IBM. The company said that they have added a large number of other company security experts like Will Robinson and Carey Nachenberg. They have also collaborated with Fortune 500 companies who have offered invaluable counsel on the direction and shape of their work and few are already testing its ‘cybersecurity intelligence platform’ in an early alpha version.
Source: Chronicle Blog