Remove Budget Remove Policies Remove Security
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Prioritizing cloud security: Allocating the majority of CIOs’ cyber budgets

CIO

CIO’s cybersecurity budget allocations are too spread out across a myriad of single solutions. Vendors convince CIOs they need the latest product to halt new attacks when in actuality the addition of yet another disparate cybersecurity tool leads to blind spots. billion from the third quarter of last year.

Budget 167
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Cybersecurity startup Ordr nabs $40M to monitor connected devices for anomalies

TechCrunch

Yet every device increases an organization’s attack surface, along with the potential for a cybersecurity attack. The challenge was the driving force behind Ordr, a startup focused on network-level device security.

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CIOs are rethinking how they use public cloud services. Here’s why.

CIO

Cloud spending is going up and budgets are tightening, so theyre asking whats going on and how do we right this ship. Adding vaults is needed to secure secrets. Security appliances and policies also need to be defined and configured to ensure that access is allowed only to qualified people and services.

Cloud 209
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Ways to ward off a doomed stakeholder management strategy

CIO

In one case, this oversight led to a fragmented IT landscape and security vulnerabilities.” The CIO is really worried about cybersecurity and the risk of data exfiltration,” says Fernandes. Business leaders can’t wait until next year for another budget to get approved.” Stakeholder management has become both wider and deeper.

Strategy 185
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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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How resilient CIOs future-proof to mitigate risks

CIO

However, CIOs must still demonstrate measurable outcomes and communicate these imperatives to senior leadership to secure investment. According to Salesforces Perez, even though AI brings much opportunity, it also introduces complexity for CIOs, including security, governance, and compliance considerations.

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The CIO mandate: navigating an era of remarkable change

CIO

CIOs lead digital transformation with strategic foresight, technical expertise, and a focus on cybersecurity and customer strategies. Risk assessments revealed vulnerabilities and inefficiencies, guiding our strategy to optimize, consolidate, enhance security, and align with business goals. Addressing cybersecurity is paramount.