Alphabet’s reported $23B bet on Wiz fizzles out

July 23, 2024 at 10:39AM Wiz has declined Alphabet’s $23 billion takeover bid, opting instead for an IPO and aiming for $1 billion in annual recurring revenue. Regulatory concerns may have played a part, given Google’s antitrust scrutiny. The cybersecurity firm, valued at $12 billion, has raised $1.9 billion in funding and acquired Gem Security, … Read more

Cybersecurity Decluttered: A Journey to Consolidation

April 12, 2024 at 01:35PM The text “Cybersecurity Decluttered: A Journey to Consolidation” discusses the evolving cybersecurity landscape and the need for businesses to streamline their security stack. It emphasizes the challenges of managing disparate security tools and proposes a consolidation strategy to achieve a core set of safeguards. The authors advocate for a proactive … Read more

Zero Trust, AI, Capital Markets Drive Consolidation in Cloud Security

January 15, 2024 at 11:31PM Several acquisitions in the cloud security market have kicked off 2024, with Delinea acquiring Authomize, SentinelOne acquiring PingSafe and SonicWall acquiring Banyan Security. As companies move more operations to the cloud, the emphasis shifts to comprehensive and flexible security solutions. Players are looking to consolidation to enhance their zero-trust offerings … Read more

Strategic Tips to Optimize Cybersecurity Consolidation

October 25, 2023 at 02:49PM Cybersecurity consolidation is key to reducing complexity and improving security outcomes for organizations. Adopting a platform that supports third-party integrations and taking an incremental approach are crucial. A consolidated platform provides centralized visibility, automation, and better compliance. It also addresses challenges such as the lack of cybersecurity skills and the … Read more