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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).

Security 193
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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.

Security 223
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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.

Security 214
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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.

Security 189
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Dragos raises $110M Series C as demand to secure industrial systems soars

TechCrunch

Cybersecurity firm Dragos has raised $110 million in its Series C, almost triple the amount that it raised two years ago in its last round. Many companies were already trying to adapt with the digital age, but Lee said many companies realized they had underinvested in ICS security. A team photo of Dragos employees.

Industry 305
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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.