sb-as logo
Story image

Ten things you need to know about Chronicle, Alphabet's new cybersecurity firm

26 Jan 2018

A single post on blogging site Medium was enough to set the security industry into a frenzy this week, after Alphabet decided to extend its computing power and enter the world of cybersecurity.

Alphabet, the parent company of Google and several other subsidiaries, announced rather inconspicuously that it would launch ‘Chronicle’, touted as a new independent business that will help companies detect and stop attacks before damage is done.

According to Chronicle CEO Stephen Gillett, the company has been in development for the past two years.

Here are 10 things you should know about Chronicle.

1. Chronicle has been around since 2016. It was originally a project in Alphabet’s moonshot factory called X. It is now ready for public launch.

2. There are three named co-founders: CEO Stephen Gillett; CSO Mike Wiacek; and senior engineer Shapor Naghibzadeh.

3. Chronicle offers two main services. One is the Google-owned malware intelligence service VirusTotal. The other part will provide a cybersecurity intelligence and analytics platform for enterprises.

4. Chronicle’s vision, according to its website: “We see a future where enterprise security teams can find and stop cyberattacks before they cause harm. By applying planet-scale computing and analytics to security operations, we provide the tools teams need to secure their networks and their customers’ data. We turn the advantage to the forces of good.”

5. Chronicle wants to improve security teams’ detection and analytics capabilities by up to 10 times their current amount – although this may be a slight exaggeration, Chronicle says it is building its intelligence platform to capture and analyse security signals that were previously too costly and difficult to find.

6. Chronicle will leverage Alphabet’s massive infrastructure that powers Google and other initiatives. This will apparently speed analysis up to mere minutes, rather than hours or days. It will also offer better storage so Chronicle can track patterns from data over a period of years.

7. Hackers aren’t invisible – they leave traces of their existence. The problem, according to Chronicle, that those traces are undetected for months. It’s time, Chronicle says, to speed that detection process up.

8. Chronicle believes in the idea of finding patterns in data. With capabilities that can find those patterns, organisations may be able to reduce ‘a lot’ of damage and turn the tables against attackers.

9. Chronicle is one of three projects to graduate from the X moonshot factory. Other graduates include Waymo, an autonomous car firm and Verily, a life sciences firm.

10. X will now focus on other projects including robotics and free-space optics.

Story image
Cisco report: Remote working is here to stay, making cybersecurity a top priority
"With this new way of working here to stay and organisations looking to increase their investment in cybersecurity, there’s a unique opportunity to transform the way we approach security as an industry to better meet the needs of our customers and end-users.”More
Story image
BlackBerry, Microsoft enter partnership for Teams integration
"Integrating BlackBerry AtHoc will ensure that any organisation managing critical events using Teams is able to contact, alert, and account for everyone within the organisation directly."More
Story image
Five Eyes nations want legal access to backdoors to fight 'illegal content'
The nations argue that encryption can make the enforcement of public safety difficult, particularly when it comes to serious problems like child exploitation. More
Story image
Financial institutions in APAC region to invest millions in fraud prevention
"The pandemic is creating a lot of uncertainty, but the majority of FIs in APAC recognise that an end to end fraud management platform is strategic to differentiating themselves from the highly disruptive landscape they are playing in."More
Story image
Lumen launches managed security services for APAC market
The new service is designed to provide enterprise businesses with a proactive, connected security strategy to enhance threat detection and protection across endpoints. More
Story image
Juniper Networks expands security offering for remote working
Juniper Networks has launched new solutions to enhance work from home security.More