Remove 2020 Remove Infrastructure Remove Security
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Cybersecurity under siege: How AI and ransomware are redefining threats in the Middle East

CIO

As Middle Eastern countries accelerate digital transformation through smart cities, AI adoption, and giga-projects, cybersecurity threats are evolving faster than defenses can keep up. Every time a new security measure is implemented, attackers find ways to bypass it within a short period. Partnerships are crucial in this ecosystem.

Budget 160
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Siga secures $8.1M Series B to prevent cyberattacks on critical infrastructure

TechCrunch

Siga OT Solutions, an Israeli cybersecurity startup that helps organizations secure their operations by monitoring the raw electric signals of critical industrial assets, has raised $8.1 million investment lands three years after the startup secured $3.5 million in Series B funding. million in Series A funding.

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Cyber Startup Armis Security Raises $200M At $4.2B Valuation

Crunchbase News

Cybersecurity firm Armis Security closed a $200 million Series D led by Alkeon Capital and General Catalyst. In 2020, Insight Partners bought a large stake in the startup. Cyber companies help companies protect large assets like manufacturing facilities and energy infrastructure. billion valuation.

IoT 112
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AI cybersecurity provider SentinelOne files for $100M IPO

TechCrunch

SentinelOne, a late-stage security startup that helps organizations secure their data using AI and machine learning, has filed for an IPO on the New York Stock Exchange ( NYSE ). In an S-1 filing on Thursday , the security company revealed that for the three months ending April 30, its revenues increased by 108% year-on-year to $37.4

.Net 274
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Remember when developers reigned supreme? The market for software coding goes soft

CIO

Job titles like data engineer, machine learning engineer, and AI product manager have supplanted traditional software developers near the top of the heap as companies rush to adopt AI and cybersecurity professionals remain in high demand. Many companies are also hiring for infrastructure and specialized engineering roles, Thomasian says.

Marketing 152
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Gartner projects major IT spending increases for 2025

CIO

growth this year, with data center spending increasing by nearly 35% in 2024 in anticipation of generative AI infrastructure needs. This spending on AI infrastructure may be confusing to investors, who won’t see a direct line to increased sales because much of the hyperscaler AI investment will focus on internal uses, he says.

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The cybersecurity funding bubble hasn’t burst — but it’s starting to deflate

TechCrunch

Last year was record-breaking for the cybersecurity market. Data from Momentum Cyber, a financial advisory firm for the security industry, showed that cybersecurity startups raised a “record-shattering” $29.5

Industry 244