October 9, 2024 at 05:36PM CYRISMA, a risk management platform, announced Series A funding led by Blueprint Equity, with participation from SaaS Venture and Golden Ventures. The investment will enhance platform development, expand sales, and support Managed Service Providers (MSPs) in managing cybersecurity risks effectively. Blueprint Equity’s Sheldon Lewis will join CYRISMA’s Board. **Meeting Takeaways: … Read more
August 7, 2024 at 06:15AM Swiss disaster recovery and cybersecurity firm, Acronis, has been majority acquired by Europe’s largest private equity firm, EQT. Acronis’s CEO, Ezequiel Steiner, expressed enthusiasm about this partnership and acknowledged existing investors. The deal is estimated at $3.5 billion, with the transaction expected to close in Q1 or Q2 2025. Co-founders … Read more
June 6, 2024 at 07:42AM Cybersecurity threats are increasingly targeting small and medium-sized businesses (SMBs), with 94% experiencing attacks in 2024, up from 64% in 2019. SMBs face challenges such as resource constraints, lack of awareness, and sophisticated threats. Managed Service Providers (MSPs) are rising as essential allies, offering expertise, services, and support to strengthen … Read more
March 21, 2024 at 08:31AM RMM software provides IT support teams with tools to administer an entire system remotely, eliminating the need for in-person visits. It allows for remote access, automatic scanning for problems, and fixing issues without physical interaction. Leading RMM software includes NinjaOne, Syncro, Barracuda, N-able N-sight, ManageEngine RMM, and Site24x7 MSP Edition. … Read more
January 9, 2024 at 09:14AM TitanHQ has launched PhishTitan Integrated Cloud Email Security (ICES), a cutting-edge native M365 anti-phishing solution. It effectively blocks and remediates threats like business email compromise, account takeover, and zero-day attacks. The solution, quickly adopted by existing customers, offers unbeatable phishing protection within M365 and boasts various key features to combat … Read more
December 1, 2023 at 10:50AM Over 50% of Saudi companies seek to outsource cybersecurity within 18 months, driven by tool shortages and staff scarcity. Kaspersky’s study found that 42% will turn to MSPs and 10% to consultants, amid reports of serious cyber incidents affecting 74% of businesses in the region. **Key Takeaways from Meeting:** 1. … Read more
November 10, 2023 at 11:30AM Canadian cybersecurity startup Cavelo has secured CA$5 million in seed funding, bringing its total raised to CA$6.3 million. The funding round was led by Inovia Capital, with participation from Graphite Ventures and existing investors. Cavelo’s solution leverages machine learning to continuously scan an organization’s assets, identify sensitive data, and provide … Read more
October 26, 2023 at 07:11PM Octo Tempest is a threat actor group tracked by Microsoft, specializing in data extortion and ransomware attacks. They have evolved their tactics over time, targeting organizations in various sectors and partnering with the ALPHV/BlackCat ransomware group. With advanced social engineering capabilities, they gain initial access through phishing, social engineering, and … Read more
October 26, 2023 at 06:56PM Octo Tempest, a native English-speaking threat actor tracked by Microsoft, has evolved from selling SIM swaps and stealing cryptocurrency accounts to conducting data extortion and ransomware attacks. The group targets companies in various sectors and has partnered with the ALPHV/BlackCat ransomware group. They employ advanced social engineering techniques, physical threats, … Read more