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Cymulate snaps up $70M to help cybersecurity teams stress test their networks with attack simulations

TechCrunch

To cope with the challenges that this poses, organizations are turning to a growing range of AI-powered tools to supplement their existing security software and the work of their security teams. million security professionals in the workforce globally.). Cymulate cites figures from the U.S.

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Versa raises $120M for its software-defined networking and security stack

TechCrunch

Networking and cybersecurity firm Versa today announced that it raised $120 million in a mix of equity and debt led by BlackRock, with participation from Silicon Valley Bank. Versa’s large round suggests that, despite the market downturn, VCs haven’t lost faith in cybersecurity vendors yet. billion in 2021).

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Georgia bill could stifle the state’s booming cybersecurity community

The Parallax

A new bill winding its way through the Georgia state senate has cybersecurity experts on alert. As Senate Bill 315 is currently written, academics and independent security researchers alike could be subject to prosecution in Georgia alongside malicious hackers. And Fort Gordon, in Augusta, is the home of the U.S.

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Is ad fraud a cybersecurity problem?

The Parallax

Should chief information security officers at companies hit by ad fraud take a stronger role in stopping it? In a 2016 analysis, Hewlett Packard Enterprise identified it as the most lucrative form of cybercrime. The range of companies affected by ad fraud is vast and deep, and it affects every business vertical across the globe.

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Triaging modern medicine’s cybersecurity issues

The Parallax

Hackers often talk about practicing good “cybersecurity hygiene” : making sure that basic standards, such as using unique passwords for each log-in, are met. This breadth of information can be much more valuable on the black market—sometimes up to $30 per record—than the typical consumer financial profile , which sells for $10 to $12.

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Today’s TechCrunch Live: Why cybersecurity is still hiring and spending with Vanta and Sequoia

TechCrunch

While it seems like every company is cutting, some industries are on an upward swing, including cybersecurity. Christina Cacioppo started Vanta in 2016 and has raised $202.95 The company is fascinating to me because it does the most boring but important work around compliance and security automation.

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Cybersecurity firm Fortanix secures capital to provide confidential computing services

TechCrunch

Companies (and VCs ) spend billions of dollars on cybersecurity, but primarily focus on protecting infrastructure or endpoints. According to one 2021 survey, 61% of security leaders in the enterprise believed their cybersecurity teams to be understaffed. ” Kumar founded Fortanix alongside Anand Kashyap in 2016.

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