May 28, 2024 at 08:51AM Hg, a UK-based private equity company, has acquired AuditBoard for over $3 billion and invested $111 million in it. AuditBoard offers a platform for streamlining audits, compliance, risk detection, and ESG monitoring, with a claimed annual recurring revenue exceeding $200 million and over 2,000 customers. The acquisition reflects a long-term … Read more
May 22, 2024 at 02:04PM File Integrity Monitoring (FIM) is a critical IT security control that audits file changes and system configurations to ensure data integrity. Compliance with cybersecurity standards is essential for mitigating risks and protecting an organization’s reputation. Wazuh’s FIM capability helps meet these standards by monitoring and detecting unauthorized file changes, thus … Read more
May 22, 2024 at 01:23PM The Intercontinental Exchange (ICE) has agreed to pay a $10 million penalty to settle charges by the SEC for failing to promptly report a 2021 VPN security breach. ICE, a Fortune 500 company, owns global financial exchanges and employs over 13,000 people. The breach, caused by suspected state hackers, exposed … Read more
May 21, 2024 at 08:06AM File Integrity Monitoring (FIM) is crucial for IT security control, ensuring the integrity of files and system configurations. Compliance with cybersecurity standards is essential for businesses, and Wazuh offers an open source FIM capability, enabling real-time monitoring and detection of unauthorized file changes, aiding in meeting regulatory compliance and enhancing … Read more
May 17, 2024 at 01:29PM The SEC has adopted amendments to Regulation S-P requiring certain financial institutions to notify individuals of data breaches within 30 days. The changes encompass breach notification, security policies, safeguard expansion, and compliance documentation. The modifications aim to update the rule, originally established in 2000, to better protect customer financial data. … Read more
May 9, 2024 at 07:49AM The article discusses the high demand for cybersecurity expertise among SMEs, proposing the use of vCISO services as a solution. It outlines the benefits for MSPs and MSSPs in offering vCISO services, and provides a comprehensive guide for developing and scaling vCISO services profitably. The guide covers reasons for demand, … Read more
May 7, 2024 at 11:00AM Cloud security company Wiz raised $1 billion at a $12 billion valuation in a funding round led by Andreessen Horowitz, Lightspeed Venture Partners, and Thrive Capital. The company’s platform offers various security capabilities, with a focus on cloud security posture management and infrastructure entitlement management. Wiz aims to continue innovating … Read more
April 30, 2024 at 01:33PM Atlanta-based cybersecurity compliance startup Apptega has secured $15 million in growth equity and debt capital, with a total raised of over $50 million. The company’s platform offers real-time security and compliance scoring for managed security service providers. The new investment will support Apptega’s focus on AI-driven products to enhance security … Read more
April 26, 2024 at 10:04AM In the IT security space, even small issues can lead to serious threats, causing stress and burnout for security professionals. Chief information security officers (CISOs) face personal liability for their organizations’ security. While other areas prioritize speed and minimal viable products, security teams must consider regulations. The MVC approach focuses … Read more
April 19, 2024 at 01:39PM Venture capital investors are backing BreachRx with a $6.5 million seed-stage financing. The San Francisco company plans to use the funding to expand its technology, which aims to streamline incident response reporting for corporations and shield cybersecurity executives from personal liability during data breaches. The company is also partnering with … Read more