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Spin Technology raises $16M to protect SaaS apps against attacks

TechCrunch

In fact, companies today use 89 SaaS apps on average, up 24% since 2016, according to Okta. Most firms leverage third-party apps to extend their cloud SaaS environments. But while these apps help offload the work normally done by internal teams, they can expose organizations to attack. ” . ”

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Druva raises $147M at a valuation north of $2B as the cloud rush continues

TechCrunch

Druva , a software company that sells cloud data backup services, announced today that it has closed a $147 million round of capital. At the time TechCrunch commented that the company’s software-as-a-service (SaaS) backup service was tackling a large market. It probably is, now, but that’s beside the point.

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How do you solve a problem like ransomware? Invest up front

The Parallax

And when San Francisco’s public bus system was infected with ransomware for two days in 2016, system backups and limited access of its computers to other parts of the city’s network prevented the ransomware from spreading. Baltimore’s 911 emergency call system was taken down for fewer than 24 hours. READ MORE ON RANSOMWARE.

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Yotascale raises a $13M Series B to help companies track and manage their cloud spends

TechCrunch

That effort led him to the perspective that current solutions aimed at understanding cloud spend were insufficient and led to data being used against infrastructure teams in arguments for lower spend when it wasn’t a good idea (cutting backup expenses, for example).

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There is no longer any such thing as Computer Security

Coding Horror

For proof of that, you need look no further than this single email that was sent March 19th, 2016. One 2008 staffer was also hired for the 2016 political campaign. adds printed backup codes, too? Unfortunately, we now live in a world where this kind of digital mischief is literally rewriting the world's history.

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Sono Motors reveals final design of its solar-charging Sion EV

TechCrunch

Sono Motors unveiled this week the final production design of the Sion EV, a solar electric vehicle that’s been in the making since the Munich-based startup launched in 2016. For example, Sono recently piloted a solar bus trailer in Munich to provide backup power for public transport.

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Why Ransoms Are Soaring

Kaseya

Did they have backup or not? Law enforcement began warning about targeted attacks in 2016 when criminals were casing their victims and tailoring their attacks and ransoms accordingly. If you know your victim is rich, has no backups and is sensitive to disruption, then your ransom demand would be a whole lot bigger.

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