October 25, 2024 at 10:22AM Concentric AI has raised $45 million in Series B funding to enhance its capabilities in the data security governance market, focusing on Data Security Posture Management (DSPM) and Data Access Governance technologies. This capital will help the company effectively compete in the industry. **Meeting Takeaways:** 1. **Company Focus**: Concentric AI … Read more
October 3, 2024 at 10:02AM Improper cloud security has resulted in costly breaches for organizations such as Toyota and Accenture, highlighting the significant impact of cloud security failures. As multicloud strategies become more prevalent, the complexities of managing multiple cloud environments pose challenges in governance, security, and compatibility, necessitating robust cloud security practices and strategic … Read more
August 28, 2024 at 03:00AM Zimbabwe launches cybersecurity program for government agencies with over 100 officials graduating. Recent cyberattacks have prompted the nation to address security concerns including social media account hacking and a $120 million bank heist. Minister Maveteras emphasizes the need for vigilance, attributing increased threats to the country’s digitalization and economic growth. … Read more
August 12, 2024 at 10:04AM The recent outage at CrowdStrike underscores the vulnerability of even leading cybersecurity companies to breaches due to faltering process adherence. It revealed the necessity of comprehensive visibility, automated compliance checks, real-time auditing, and proactive risk management to maintain security and reliability. Adhering to established processes and governance frameworks is vital … Read more
June 20, 2024 at 08:39AM Security plays a crucial role in advancing ESG goals by integrating environmental initiatives, social responsibility, and governance into their strategies. After reviewing the meeting notes, I have determined that the main takeaway is that security plays a crucial role in advancing ESG (environmental, social, and governance) goals through the integration … Read more
May 21, 2024 at 11:07PM WitnessAI, a startup in artificial intelligence safety, emerged from stealth to address the barriers hindering organizations from adopting AI tools. Their Secure AI Enablement Platform offers observability, policy enforcement, and data protection for enterprises using AI. The platform, deploying cloud-based instances with unique encryption keys, has secured funding and plans … Read more
March 20, 2024 at 01:47AM NIST released Cybersecurity Framework (CSF) 2.0 on Feb 26, 2024. It provides guidelines to reduce cyber risk and enhance security posture, consisting of functions and categories. The update introduces Governance as a separate pillar, emphasizing its importance in cybersecurity risk management strategy. The impact will lead to changes in tracking … Read more
March 19, 2024 at 09:57AM BigID, a data security provider, raised $60 million in a growth funding round, totaling $320 million and surpassing a $1 billion valuation. The funding, led by Riverwood Capital, aims to enhance organic and inorganic growth. BigID offers various solutions such as data discovery, security management, and privacy for enterprises. Additionally, … Read more
November 20, 2023 at 09:33AM Microsoft has hired Sam Altman and Greg Brockman, two key figures from OpenAI, to lead its new advanced AI research team. Altman’s firing from OpenAI caused tension within the company, leading new CEO Emmett Shear to promise an investigation. Despite the rift, both Shear and Microsoft CEO Satya Nadella remain … Read more
November 7, 2023 at 01:52AM The Securities and Exchange Commission (SEC) has implemented a new rule requiring companies to disclose cybersecurity incidents and provide annual information on their cybersecurity risk management, strategy, and governance. The rule mandates the filing of Form 8-K within four business days of determining an incident as material, with enforcement starting … Read more