July 9, 2024 at 01:05PM The importance of network detection and response (NDR) capabilities is highlighted due to the increasing prevalence of unmanaged devices in corporate networks, providing ideal hiding spots for attackers. NDR enables cybersecurity teams to monitor, detect, and respond to threats in real-time, addressing the challenges presented by the evolving enterprise attack … Read more
June 26, 2024 at 05:56PM Optiv’s 2024 Threat and Risk Management Report, based on a Ponemon Institute survey, highlights a 59% spike in cyber budgets. The report emphasizes the urgency for organizations to prioritize cybersecurity investments, as data breaches and security incidents continue to rise. Key findings include security tool overload, top investment areas, lack … Read more
June 14, 2024 at 03:00AM Pyte, a startup focused on secure data collaboration, has secured a $5 million investment from Myriad Venture Partners, Innovation Endeavors, Liberty Mutual Strategic Ventures, and Pillar VC. Its Secure Multiparty Computation technology allows enterprises to collaborate on sensitive data without risking exposure. The funding will drive commercialization efforts, particularly in … Read more
June 12, 2024 at 03:30PM Fortinet is set to acquire Lacework, a cloud security firm, to bolster its secure access service edge (SASE) offerings with cloud-native security services. Lacework’s platform integrates artificial intelligence, machine learning, data collection, and code security tools to safeguard cloud workflows. The deal is expected to be completed in the second … Read more
June 5, 2024 at 12:48PM The 2024 SANS Threat-Hunting Survey reveals a growing maturity in threat-hunting methodologies, reflecting an increased adoption of formal processes in cybersecurity strategies. The survey also highlights evolving practices in sourcing intelligence, outsourcing threat hunting, and challenges related to skill shortages and tool limitations. Organizations are striving to enhance threat hunting … Read more
May 23, 2024 at 09:09AM Bolster, a multi-channel phishing protection provider, has secured $14 million in a Series B funding round led by Microsoft’s M12, with additional funding from several other ventures. The Santa Clara-based company founded in 2019 uses AI and ML to prevent phishing and impersonation attacks. The funding will accelerate go-to-market initiatives … Read more
May 20, 2024 at 04:11PM Deepfakes are now the second most common cybersecurity incident for US businesses, with over a third experiencing such incidents in the last year. Managing third-party vendor risk is a major challenge, and financial allocations for securing supply chain connections are set to increase. While AI and ML are seen as … Read more
May 6, 2024 at 05:04AM Permira has agreed to acquire a majority stake in BioCatch, a digital fraud detection and financial crime prevention company, through its Growth Opportunities II fund. The deal involves acquiring shares from Bain Capital Tech Opportunities and Maverick Ventures, raising BioCatch’s enterprise valuation to $1.3 billion. BioCatch, founded in 2011, uses … Read more
April 30, 2024 at 02:53PM A new vulnerability discovered in R programming language (CVE-2024-27322) allows arbitrary code execution through specially crafted RDS and RDX files. This poses a significant threat due to extensive usage in critical sectors. It’s recommended to update to R Core v4.4.0 for mitigation, which restricts promise usage in serialization to prevent … Read more
April 25, 2024 at 11:58AM French startup BforeAI secured $15 million in Series A funding, totaling over $19 million. SYN Ventures led the investment round, with involvement from Addendum Capital, Karista, Karma Ventures, and the Partnership Fund for New York City. The company, utilizing AI and ML, offers predictive attack intelligence and automated digital risk … Read more