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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. Hackers now use generative AI to craft hyper-targeted phishing campaigns, spread disinformation, and even automate attacks on telecom networks.
Now that all the industry thought leaders have weighed in and published their predictions for what the cybersecurity landscape will look like in 2025, it seems that theres a clear consensus emerging: Both attacks and defense of devices and networks will increasingly be AI-driven as time goes by. What is a human firewall?
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. However, securing older industrial control systems that were designed decades ago — long before cyberattacks were a reality — have proven difficult to build.
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.
Speaker: M.K. Palmore, VP Field CSO (Americas), Palo Alto Networks
During this session, MK Palmore, the Field CSO (Americas) for Palo Alto Networks and a former public-sector executive, will walk through the difficulties of crisis planning execution in the midst of an organization's digital changes. In this webinar, you will learn: The future of data security. And much more!
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).
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
Palo Alto Networks has been on buying binge for the last couple of years, and today it added to its haul, announcing a deal to acquire Expanse for $800 million in cash and equity awards. It works by giving the security team a view of how the company’s security profile could look to an attacker trying to gain access.
William Kilmer is managing partner with C5 Capital , a venture capital fund investing in the secure data ecosystem. Just when we thought things couldn’t get worse in 2020, we received the news on the SolarWinds hack and its impact on more than 18,000 businesses and potentially dozens of U.S. However, that’s rapidly changing.
Few organizations use a single cloud infrastructure vendor, and figuring out how to configure security across multiple clouds can be a challenge for companies. Cisco announced over the weekend that it intends to acquire Valtix , a startup that helps companies secure their environments across multiple clouds. Valtix launched in 2020.
Check out recommendations from CISA and others on how to protect network edge devices and applications. You might want to check out new guidance published by several cybersecurity agencies this week. Cybersecurity and Infrastructure Security Agency (CISA). In addition, find out why ransomware payments plunged in 2024.
Digital twins — virtual representations of actual systems — have become an important component in how engineers and analysts build, visualize and operate AI projects, networksecurity and other complicated architectures that might have a number of components working (or malfunctioning as the case may be) in tandem.
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.
Claroty, an industrial cybersecurity company that helps customers protect and manage their Internet of Things (IoT) and operational technology (OT) assets, has raised $140 million in its latest, and potentially last round of funding. . Founded in 2015, the late-stage startup focuses on the industrial side of cybersecurity. Vardi said.
INE Security , a global cybersecurity training and certification provider, recently launched initiatives with several higher education institutions in an ongoing campaign to invest in the education of aspiring cybersecurity professionals. million, highlighting the severe economic impact of these incidents.
Miami-based cybersecurity startup Lumu today announced the closing of its $7.5 So we apply the same idea with cybersecurity. Lumu launched in February 2020 at the RSA cybersecurity conference in San Francisco, and already has 1,300 enterprise customers and targets small to large corporations. million Series A.
Cybersecurity training is one of those things that everyone has to do but not something everyone necessarily looks forward to. Living Security is an Austin-based startup out to change cybersecurity training something you look forward to, not dread. The cybersecurity industry needs to reinvent itself.
Cybersecurity continues to be a major area for investment among businesses — and VCs. While a decline from the previous year, venture capital funding in the cybersecurity sector totaled $18.5 PitchBook data shows a decline in cybersecurity valuations at the seed and Series A stages in particular.
million in seed funding to expand its cybersecurity awareness and training offering. HacWare aims to give companies an easier onramp to provide meaningful and engaging cybersecurity training to their employees that they won’t hate or that gets in the way of their day-to-day work.
startups raised half a billion dollars apiece, and another eight raised $100 million or more, with industries from cybersecurity to biotech to AI represented. Armis Security , $200M, cybersecurity: Cybersecurity startup Armis Security closed a $200 million Series D led by Alkeon Capital and General Catalyst.
Last week, Microsoft’s Windows 7, once the go-to operating system of nearly 60 percent of all computers , reached the company’s designated end of the road for security patches. The specific end-of-support day for Windows 7 was January 14, 2020. READ MORE ON MICROSOFT AND SECURITY. “Windows 7 is going to be the new XP.”
RedHat today announced that it’s acquiring container security startup StackRox. Fast forward to 2020 and Kubernetes has emerged as the de facto operating system for cloud-native applications and hybrid cloud environments,” Shah wrote. That includes Palo Alto Networks acquiring competitor TwistLock for $410 million in 2019.
Orca Security , an Israeli cybersecurity startup that offers an agent-less security platform for protecting cloud-based assets, today announced that it has raised a $210 million Series C round at a $1.2 Orca Security co-founders Gil Geron (left) and Avi Shua (right). Image Credits: Orca Security. billion valuation.
We’re just about a month away from TC Sessions: Space 2020 , a two-day conference dedicated to bold visionaries with the passion, audacity and technical skills to chart a new course in space. The deadline for securing the early-bird price expires in just 72 hours. Is your company interested in sponsoring TC Sessions: Space 2020?
Veriti, a platform for unifying cybersecurity infrastructure, today emerged from stealth with $18.5 Veriti’s launch comes as VCs continue to show enthusiasm for cybersecurity startups despite the generally unfavorable funding climate. billion in 2020. “Enterprise security posture is usually sub-optimal. .
Security has a data problem. Tishbi — who spent time at CitiBank and digital entertainment startup Playtika before joining Datorama — says he often worked with security teams that had to juggle dozens of different tools, each with their own taxonomies and outputs, in order to get projects finished on time.
Aqua Security , a Boston- and Tel Aviv-based security startup that focuses squarely on securing cloud-native services, today announced that it has raised a $135 million Series E funding round at a $1 billion valuation. In total, Aqua Security has now raised $265 million since it was founded in 2015.
The cloud may be the direction that much of enterprise IT is moving today, but it still remains a major source of security issues, with some 98% of all enterprises in a recent survey reporting that they have contended with a cloud-related security breach in the last 18 months. Shaked worked for some time at Magic Leap.
based cybersecurity startup, has secured a $12 million Series A investment to bring multi-factor authentication (MFA) to machine-to-machine API traffic. Prior to founding the startup in 2018, Simkin’s worked for the Department of Justice as part of its national security division. Corsha, a Washington, D.C.-based
In 2020, 11:11 CEO Brett Diamond noticed a gap in the market. Virtually every company relied on cloud, connectivity, and security solutions, but no technology organization provided all three. Diamond founded 11:11 Systems to meet that need – and 11:11 hasn’t stopped growing since.
According to a 2021 survey from O’Reilly, cloud adoption steadily rose across industries, with 90% of organizations using cloud computing compared to 88% in 2020. The accelerated cloud adoption led to a rise in security issues. There’s real, documented benefits to adopting any kind of cloud security solution.
To combat this, railway companies demand more robust cyber solutions and lawmakers across the globe call for more effective cybersecurity regulations. Cylus , a Tel Aviv-based rail cybersecurity startup, built a cybersecurity solution, CylusOne, to protect the global mainline and urban railway companies from an array of threats and risks.
Today, CIO and CISO teams are tasked with multiple business-critical initiatives like securing and connecting work-from-anywhere employees, moving applications to the edge or the cloud, and securing operational technology (OT) and IT environments.
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That’s how much time you have left to score early-bird passes to TC Sessions: Space 2020. Sourcing Tech for Securing Space: Lt. Get your network mojo running and make the connections that can shoot your startup into orbit. TC Sessions: Space 2020 helps intrepid pioneers go further together. T-minus two days and counting.
That includes two cybersecurity firms and two companies in the transportation space. Island , $250M, cybersecurity: Dallas-based enterprise browser developer Island raised a $250 million Series E at a $4.8 Founded in 2020, the company has raised $810 million, per Crunchbase. A big week for big-money rounds. billion valuation.
As cybersecurity becomes a bigger and more complex problem for organizations, a startup aiming to increase its accuracy in fighting breaches — by bringing in an ever-wider funnel of data and vantage points to identify issues — is expanding its business. Early-stage benchmarks for young cybersecurity companies.
While they can withdraw those funds from the business the next day, local founders must still secure decent backing to even begin the work. We tell them to first and foremost secure cash flow. Native startups will need 25,000 Swiss Francs to open an LLC and 50,000 more to incorporate. But on the one hand, I could see this happening.
Gone are the days of pervasive endpoint and networksecurity,” Caulfield told TechCrunch in an email interview. Investing in identity security is a must-have for enterprise security teams.” billion in 2020, according to Crunchbase data. VC firms poured $2.3 Image Credits: Oort.
Island, a Dallas-based startup that built a secure browser for the enterprise , has raised $115 million in a Series B round, valuing the company at $1.3 Island, founded in 2020, created a security-focused browser for enterprise users based on Chromium. Island emerges from stealth with a new enterprise-focused web browser.
Censys , a search engine for Internet of Things devices and internet assets, has secured $35 million in Series B funding and a new CEO. The company’s Series B investment, which comes after the startup secured $15.5 million in Series A funding in August 2020 , was led by Intel Capital. Department of Homeland Security. .
VDOO secures $32M for a platform that uses AI to detect and fix vulnerabilities on IoT devices. Connected-device security typically focuses on monitoring activity on the hardware, how data is moving in and out of it. The idea was to make a platform that could serve and protect security stakeholders. billion in 2020.
If that kind of technical achievement carbonates your glass of Tang , join us on December 16-17 for TC Sessions: Space 2020 , an event dedicated to early-stage space startups. Sourcing Tech for Securing Space. TC Sessions: Space 2020 takes flight on December 16-17, but we’re starting our early bird countdown right now.
For example, Kyle Wiggers reported that investment into the sector fell in the fourth quarter of 2022 to its “lowest level since Q1 2020,” Anna Heim spoke with investors who are still hanging in there and Mary Ann Azevedo wrote about M&A exits , which insurtech led in 2021. Akilia Partners and Samsung Next.
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