Google parent company Alphabet recently announced the formation of a new independent cyber security business known as Chronicle.
Chronicle was developed out of Alphabet’s X moonshot group. It is an independent company, that falls under the Alphabet umbrella, just like Google. According to Business Insider, the ‘X’ research and development team was created to develop solutions that address global issues. With Chronicle, the goal is to help security teams prevent cyber attacks, so they don’t have deal with the repercussions. In a blog post, Founder and CEO of Chronicle, Stephen Gillett recently announced the launch of the newly formed company in a blog post. “We think we’ll be able to help organizations see their full security picture in much higher fidelity than they currently can.”
In a separate blog post, Leader of X, Astro Teller, called Chronicle a “digital immune system,” which focuses on detecting threats by analyzing and storing security-related data within large enterprises. Chronicle will use Google’s infrastructure, and claims to be able to detect threats faster and at a larger scale than existing systems, which is the key preventing cyber attacks.
Another component of Chronicle will be VirusTotal, a popular malware-reporting network, which was acquired by Google in 2012. VirusTotal’s services are expected to continue unaffected by the launch of the new company.
Further details on the project are still unclear, but according to Gillett’s statement, the project is moving forward quickly and Chronicle is already hiring and early alpha versions of the product have already been tested at a number of Fortune 500 companies. “We hope that by making this mix of technologies available to more companies at affordable prices, we can give ‘the good guys’ an advantage and help us all turn the tide against cyber crime,” stated Gillet.