Sevco Security offers continuous inventory monitoring of IT systems

A cloud-native security asset management platform, Sevco Security, announced improvements and new features for its Asset Correlation Engine. The company says they will allow users to track changing asset inventories across multiple data silos in real time. The new capabilities also allow security teams to automatically detect vulnerabilities in siled tools.

Founded in 2020, Sevco is based in Austin, Texas and is backed by SYN Ventures, 406 Ventures, Accomplice and Bill Wood Ventures. The company caters to businesses that need an accurate IT inventory. The goal is a unified inventory that is continually updated to provide asset intelligence and help security and IT teams identify and remediate security vulnerabilities.

The company claims that its Asset Correlation Engine automates the aggregation and reconciliation of IT assets across the enterprise. This allows users to see how changes to their ever-changing asset inventory affect their security posture.

Security and IT inventory monitoring

IT asset inventories are constantly changing, and IT and security teams are trying to create comprehensive, real-time awareness of their network’s assets. This is due to the increased number of devices and software apps connected to an organization’s network infrastructure.

It is important to understand that assets have economic value and provide future benefits as they can provide cash flow for any business. This makes IT asset inventory a must in today’s technology landscape. During the forecast period, 2021-2028, the inventory management solutions market is expected to reach an estimated value of US$3.82 billion, growing at a CAGR of 6.12%.

Businesses can find themselves in dangerous security situations when they don’t have a complete view of all the assets they need to protect. According to JJ Guy, co-founder and CEO of Sevco Security, a comprehensive asset inventory is critical as it serves as the foundation of any security program.

Attackers spend more time learning more about the networks they’re attacking. In most situations, attackers have a better understanding of an organization’s networking and architecture than many of the IT and security teams. In reality, attacker inventories are often more accurate compared to asset inventories compiled by IT and security teams.

Given the variety of technologies used by modern organizations, Guy believes it’s almost too difficult to get a fully unified asset perspective.

“Bringing these tools and information silos together is not enough. You need to correlate these tools, combining aggregation and reconciliation, to get a comprehensive and accurate asset inventory,” Guy said. “This is an underestimated topic that causes a lot of headaches for IT and security organizations.”

Accuracy, Tracking, Correlation

Organizations using a Configuration Management Database (CMDB) must create and maintain their own reconciliation rules. The use of CMDBs is necessary to identify and review each component of an organization’s infrastructure in order to better manage and improve it. Sevco’s cloud-native technology aims to simplify this process by breaking down information silos and ensuring all IT assets are tracked and correlated. Sevco is responsible for keeping current with the information ingested from each source and regularly monitoring the accuracy of the correlation. As a result, organizations get a more accurate and comprehensive picture of their IT asset inventory and how it is changing over time.

Asset tagging processes are critical for companies that rely heavily on their assets to generate revenue. This is intended to allow employees to track physical devices using tags and labels. Sevco’s new asset tagging capabilities allow users to tag and group important assets such as:

Significant new features and capabilities have been added to the Sevco platform update, including the ability to collect information from all customer data sources, the company said.

With the flexibility to select by region, domain, operating system platform and more, Sevco claims it ensures proper distribution of customer resources across the world. It also has the ability to perform more powerful searches using nested queries. The company says users can conduct more detailed searches with the updated search query builder, which allows them to create more complex queries. Nested queries are now fully supported, with the ability to group and nest queries.