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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.

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Big Rounds Push Cybersecurity Comeback

Crunchbase News

Cybersecurity venture investment jumped 43% in 2024 from the previous year as big rounds came back strong. Total funding to VC-backed cybersecurity startups hit nearly $11.6 In fact, there were 29 rounds of $100 million or more raised by cybersecurity startups compared to only 18 in 2023. billion last year, per Crunchbase data.

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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. The San Francisco-based startup last raised a $300 million private equity round in 2021 led by One Equity Partners at a $3.4 The round boosts the company’s valuation nearly 25% to $4.2 billion valuation.

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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. billion records were breached in February 2021. They’re surrounded by networks, endpoint devices and human beings that serve as moats, defining the defensive security perimeters of every organization. Sid Trivedi. Contributor.

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Your Team's Pragmatic Guide to Security

Speaker: Naresh Soni, CTO, Tsunami XR

The pandemic has led to new data vulnerabilities, and therefore new cyber security threats. As technology leaders, it's time to rethink some of your product security strategy. Whether you need to rework your security architecture, improve performance, and/or deal with new threats, this webinar has you covered.

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Address cybersecurity challenges before rolling out robotic process automation

TechCrunch

Throughout 2021, security teams will begin to realize the unconsidered security challenges of robotic process automation. However, there’s one big issue that’s commonly overlooked when it comes to RPA — security. Understanding RPA’s digital identity.

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Data Security Startup Cyera Buys Trail Security In Tepid M&A Market

Crunchbase News

It has been sluggish on the M&A front in most sectors all year — and cybersecurity is no different. However, on Thursday New York-based data security startup Cyera bought data loss prevention firm Trail Security for $162 million. Founded in 2021, Cyera has raised nearly $465 million to date, per Crunchbase.

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How to Avoid the Pain and Cost of PCI Compliance While Optimizing Payments

Speaker: P. Andrew Sjogren, Sr. Product Marketing Manager at Very Good Security, Matt Doka, Co-Founder and CTO of Fivestars, and Steve Andrews, President & CEO of the Western Bankers Association 

PCI compliance can feel challenging and sometimes the result feels like you are optimizing more for security and compliance than you are for business outcomes. They’ll share how to grow your business faster and minimize costs for both security and compliance. August 18, 2021 at 11:00 am PDT, 2:00 pm EDT, 7:00 pm BST

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Recovering from a Cyber Attack

Speaker: Mike Cramer, Director of HIPAA & Data Security at The Word & Brown Companies

If your organization stores data and is connected to the Internet, it is not a matter of “if” a cyber-security incident will happen, but “when.” IBM reported that the total damage from data breaches in 2021 was 4.24M USD (up from 3.86M USD in 2020), easily the highest aggregated amount on record.