The Internet continues to fuel incredible technology advances but, at the same time, it is a conduit that can threaten the security and existence of its users. The fact is, nefarious individuals, organizations, and state sponsored actors are responsible for an ever-expanding number of increasingly sophisticated cyber attacks that often have devastating consequences. Today, more than ever before, advanced cybersecurity has become a vital requirement to protect the data and infrastructure of governments, financial institutions, military suppliers, healthcare systems, and businesses across all industries.
For Red Lambda, providing advanced endpoint protection technology that safe guards the data assets of government entities and commercial enterprises from cyber attack is more than a job. Itâ€™s a mission.
Red Lambdaâ€™s patented; â€œin motionâ€ advanced endpoint protection technology, called MetaGrid, can rapidly and accurately detect and prioritize threat behaviors within the network without dependence on threat signatures. With so much at stakeâ€”our privacy, our prosperity, our safety, even our freedomâ€”itâ€™s time to raise the bar on cybersecurity solution capabilities and Red Lambdaâ€™s MetaGrid software does just thatâ€¦and more.
The MetaGrid platform was first developed as a peer-to-peer application at the University of Florida (UF) to combat illegal file sharing on the network, which was creating costly legal challenges, computer viruses, hacking, and latency issues for the university.
In 2010, Bahram Yusefzadeh, Red Lambdaâ€™s Executive Chairman, recognized the platformâ€™s applicability in addressing cybersecurity challenges. Leveraging a National Science Foundation grant, Red Lambda developed the advanced anomaly detection algorithm that became the foundation for the MetaGrid of today. After building upon MetaGridâ€™s initial capabilities, MetaGrid 2.0 is now an advanced, next-generation, behavior-based, endpoint protection solution.
MetaGrid addresses the problems faced by Security Operations Center (SOC) operatorsâ€™ staff by:
Every business that accomplishes much also encounters significant challenges and Red Lambda is no exception. The initial challenge for Red Lambda was conceptualizing how to decisively address a rapidly growing and dynamic cybersecurity problem. The fact is; cyber threats are evolving faster than many of the solutions designed to address the problem. Recognizing this, Red Lambda set out to leverage its innovative network anomaly detection solution and enhance it by adding threat behavior detection and machine learning capabilities to create a solution that is effective against both known (existing) and unknown (zero-day) threats while solving a myriad of complex, interrelated problems experienced by SOC operators today.
This solution approach required a keen understanding of SOC operator problems, cyber threats, and their effects within the network. The Company immediately recognized the need for new and innovative ways to identify threat behaviors within the network â€” made possible by a myriad of new technologies for rapidly ingesting, analyzing, and visualizing vast amounts of network security data.
While Red Lambda concentrates on solution innovation, it also focuses on employee growth and development. Red Lambda recognizes that training and financial opportunities are important to employee development and that these are not the only components of professional development. In addition, the company believes professional development also stems from the process of creating something innovative and new â€” something that requires personal commitment, innovation, and sometimes failure, before achieving success.
Cybersecurity is a critical global issue and Red Lambda views its responsibility and contribution to be much more than just solving cyber-related problems for SOC operators, companies, or government entities. The company sees cyber security as an issue that has implications for all countries and people of the world. For everyone at Red Lambda, work is about safeguarding people, companies, and governments from individuals, organizations, and state-sponsored actors who are committed to destroying what people have worked so hard to achieve.
The company proudly says, â€œWe are dedicated to innovation that prevents the far-reaching and often devastating effects that cyber attacks can have on our individual, business, and national security.â€
In Q1 of 2018, Red Lambda will release a new version of its award-winning cybersecurity solution, MetaGrid. With stream time detection of anomalies, signature independent threat behavior identification, incident scoring and prioritization, and new incident visualizations, the firm expects that MetaGrid will rapidly become the gold standard for identifying and understanding threats and preventing their effects within the network.
Red Lambda envisions its future as a critical provider of intelligent cybersecurity software that adapts to an ever-changing cyber threat environment while, at the same time, adapting to each clientâ€™s unique and changing data infrastructure.
Headquartered in Lake Mary Florida, more information about Red Lambda and its MetaGrid cybersecurity solution can be found at www.redlambda.com.
Key executive Profiles
Bahram Yusefzadeh â€“ Chairman/ Founder
Bahram is a software and technology entrepreneur with more than 35 years of experience building, market-leading companies. Prior to Red Lambda, he was the founder and CEO of Phoenix International, a global financial software company. Under his leadership, Phoenix became a global leader in retail banking automation, developed a strategic partnership with IBM and completed a successful IPO and secondary offering. Following the acquisition, Bahram combined his entrepreneurial passion and expertise with his long-standing commitment to the development of Floridaâ€™s high-tech community and founded the V2R Group, a technology incubator, and investment company. Bahram was also the founder of Red Lambda providing leadership in the creation of new cybersecurity capabilities found in its MetaGrid software.
Iain Kerr - CEO
Iain Kerr, Red Lambdaâ€™s Chief Executive Officer, is a high-performance strategic leader with a 30-year proven track record of success. His combination of hands-on executive management skills, C-level business development expertise in the US and abroad, knowledge of the nuances involved in the complex technology sale and direct experience in the IT security sector bring significant value to Red Lambda. Prior to joining Red Lambda, Kerr served as President and CEO of Protegrity. As Senior Vice President of Sales and Business Development for Sygate Technologies, Kerr increased revenue from $9 million to more than $18 million in just 20 months, representing a 100% increase in North American, EMEA, and Asian sales.
â€œWe bring a relentless passion to turning the tables on attackersâ€”whether they are rogue criminals, disgruntled insiders, or nation-state actors.â€ Iain Kerr, Red Lambda CEO