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To guard against data loss and misuse, the cybersecurity conversation must evolve

TechCrunch

Sid Trivedi is a partner at Foundation Capital where he leads cybersecurity and IT investments. In healthcare alone, 2020 saw 640 breaches , exposing 30 million personal records, a 25% increase over 2019 that equates to roughly two breaches per day, according to the U.S. Sid Trivedi. Contributor. Share on Twitter. Mark Settle.

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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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INE Security Enables CISOs to Secure Board Support for Cybersecurity Training

CIO

If there is a single theme circulating among Chief Information Security Officers (CISOs) right now, it is the question of how to get stakeholders on board with more robust cybersecurity training protocols. Framing cybersecurity training as an essential investment rather than an optional expense is critical.”

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Forward Networks raises $50M for digital twin technology to help model, manage and secure complex enterprise networks

TechCrunch

Digital twins — virtual representations of actual systems — have become an important component in how engineers and analysts build, visualize and operate AI projects, network security and other complicated architectures that might have a number of components working (or malfunctioning as the case may be) in tandem.

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Cymulate nabs $45M to test and improve cybersecurity defenses via attack simulations

TechCrunch

Now, a startup that’s built a platform to help them stress-test the investments that they have made into their security IT is announcing some funding on the back of strong demand from the market for its tools. “Our vision is to be the largest cybersecurity ‘consulting firm’ without consultants,” he joked.

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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? billion and $19 billion in 2019, and Juniper Research concluded that it would cost $42 billion by the end of 2019. Research company eMarketer estimated costs between $6.5 READ MORE ON CYBERCRIME.

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INE Security Alert: The Steep Cost of Neglecting Cybersecurity Training

CIO

In modern business, cybersecurity is not merely a technical concern but a crucial financial safeguard. With cyber threats growing in sophistication and frequency, the financial implications of neglecting cybersecurity training are severe and multifaceted. The average cost of a data breach ballooned to $4.88

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