Tuesday, 20 February, 2018

Alphabet hatches cybersecurity company Chronicle using Google technology

Astro Teller the Give Good the Advantage – Chronicle Blog – Medium
Nellie Chapman | 25 January, 2018, 03:00

It spun out of Alphabet's research and development arm X (formerly Google [x]) where it was founded in February 2016.

Alphabet is jumping into a crowded marketplace filled with companies plying their wares to businesses under siege from cyber attacks.

The technology is a departure for X, which has generally focused on ideas like burrito-delivering drones that seem like they were torn from the pages of sci-fi film scripts.

Astro Teller, the "captain" of X lab moonshots, said the latest effort is aimed at being a "digital immune system". Computer security, though important, is not almost as sexy.

Google's parent company, Alphabet Inc., said Wednesday it is launching its 13th unit: a cybersecurity business called Chronicle LLC.

"Most organizations now have to work like doctors treating a disease after the symptoms have shown up and the damage has been done", Teller said in blog post.

Previous year X announced the relaunch of Google Glass with a focus on enterprises.

Get Data Sheet, Fortune's technology newsletter. Teller said about the Alphabet era.

Stephen Gillett, who joined X from Google Ventures and was previously the COO of Symantec, will be the new company's CEO.

Enter Chronicle's intelligence and analytics platform, which aims to help solve these issues and enable security teams to more quickly identify hackers in their networks.

Here to help with all of that is Chronicle, which, as mentioned above, is comprised of two parts: 1) malware intelligence service VirusTotal, which Google acquired back in 2012, and 2) a cybersecurity intelligence/analytics platform. In fact, it sounds a lot like the pitch for a number of other enterprise cybersecurity companies that have been offering AI-assisted threat detection for years.

Gillett says that because companies are often hit with thousands of security alerts per day, it's nearly impossible to assess all of them thoroughly.

Gillett said the software is meant to solve a common complaint of IT and security professionals-being overwhelmed by the deluge of security alerts they receive each day warning of potential bugs and vulnerabilities. For now, the company is just privately testing "an early alpha program" of its "cybersecurity intelligence platform". But he says it's challenging to separate the hype from the reality if companies merely say their technology is the best without explaining why or how.