Home Latest News CrowdStrike and EY Announce Expansion of Alliance to Provide Joint Cyber Offerings

CrowdStrike and EY Announce Expansion of Alliance to Provide Joint Cyber Offerings

by CISOCONNECT Bureau

CrowdStrike and EY Announce Expansion of Alliance to Provide Joint Cyber Offerings to Help Combat Ransomware and Accelerate Zero Trust

EY has chosen CrowdStrike Falcon as one of its preferred cybersecurity technology platforms

CrowdStrike Inc. and Ernst & Young LLP (EY US) announced that CrowdStrike Falcon has been recognised as one of EY’s preferred cybersecurity technology platforms, further cementing the two companies’ partnership. The alliance’s expansion into new geographies is accompanied by the introduction of new collaborative offerings, including Ransomware Readiness and Resilience, Incident Response (IR), Recovery and Remediation, and the acceleration of Zero Trust capabilities.

The CrowdStrike-EY Alliance seamlessly combines cybersecurity operations and risk management to assist businesses all over the world and strengthen their business resilience. As the collaboration expands outside of the United States, the CrowdStrike and EY teams are committed to assisting customers in new areas. The alliance has recently grown to include Australia, Belgium, Brazil, Canada, and Italy.

Combating Ransomware Threats and Attacks
Ransomware attacks are a significant focus of the EY and CrowdStrike collaboration, as this type of malware attack continues to acquire traction and sophistication from both cyber criminals and state-sponsored threat actors. Ransomware attacks exploit security flaws at various levels, including people, process, and technology, and continue to affect businesses of all sizes, from tiny firms to large multinational corporations. As a result, EY and CrowdStrike experts have collaborated to develop the Ransomware Readiness and Resilience solution, a multi-pronged approach to efficiently combat these threats.

The Ransomware Readiness and Resilience solution combines EY Next-Generation Security Operations and Response (NGSO&R) services with the CrowdStrike Falcon platform to provide industry-leading protection and detection capabilities, as well as cyber threat intelligence and 24/7 threat hunting, to provide a leading solution in the fight against ransomware threats. The technology provides enterprises with rapid, real-time visibility into their organizations’ environments, allowing them to identify and eliminate potential compromises and prevent silent failure. This potent combination aids in the quick containment of active threats immediately and effectively mitigates the threat of ransomware attacks.

Commenting on the development, Shawn Henry, CrowdStrike Chief Security Officer and President of Services, said “We continue to hear from our customers that dangerous cyber actors threaten the livelihood of their business operations. CrowdStrike and EY have teamed up to offer our joint customers market-leading technology paired with leading transformational consulting services to aid organizations and positively impact their business objectives through the prioritization of cybersecurity. We are thrilled about the maturing of this collaboration and look forward to helping more businesses around the world grow their business resiliency and security posture.”

Response, Recovery and Remediation
The teams at EY and CrowdStrike have also teamed up to provide customers with a new wide strategy to respond fast and precisely in the aftermath of an incident. Using the threat intelligence and real-time response capabilities of CrowdStrike’s technology and services, and Incident Response, Recovery and Remediation helps customers rapidly contain an attack and recover from a breach with speed and surgical accuracy. CrowdStrike’s incident response capabilities, along with EY’s proactive and reactive incident response plans, cover every area of a client’s cybersecurity program and threat response. IR, Recovery, and Remediation gives a understanding of full threat context, allowing clients to quickly restore endpoints and resume normal business operations.

Furthermore, the EY and CrowdStrike teams have integrated the acceleration of Zero Trust adoption, utilising CrowdStrike Falcon’s Zero Trust solutions to process trillions of events in real-time and continually validate resource access for all users, devices, and applications, regardless of location. Customers benefit from high fidelity attack correlation, quick policy enforcement, and dynamic conditional access based on continuous, real-time security risk assessments using the CrowdStrike Security Cloud’s extensive telemetry, ensuring frictionless Zero Trust adoption and identity protection for businesses of any size.

Dave Burg, EY Americas Cybersecurity Leader, said “The threat of cybersecurity attacks remains top of mind for EY clients and the expanded global alliance with CrowdStrike will be invaluable as they continue navigating increasing cyber threats. Through this collaboration, EY and CrowdStrike teams aim to address growing concerns regarding ransomware and how to manage a potential incident through the new Ransomware Readiness and Resilience, and IR, Recovery and Remediation solutions. Strengthening this alliance means supporting clients when they’re most vulnerable so they can focus on running their business.”

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