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The 2024 Security Priorities study shows that for 72% of IT and security decision makers, their roles have expanded to accommodate new challenges, with Risk management, Securing AI-enabled technology and emerging technologies being added to their plate.
Adopting emerging technology to deliver business value is a top priority for CIOs, according to a recent report from Deloitte. That means IT veterans are now expected to support their organization’s strategies to embrace artificial intelligence, advanced cybersecurity methods, and automation to get ahead and stay ahead in their careers.
Based on our services, e-commerce has flourished from providing payment guarantees, zero liability to consumers, APIs and services, and global acceptance to online commerce stores, ride-sharing apps, and streaming networks worldwide. Back then, Mastercard had around 3,500 employees and a $4 billion market cap.
Traditionally, cybersecurity has always focused on what can be hacked and not so much on who might be most at risk. Sunday Security , which is launching today and announcing a $4 million seed funding round, is trying to switch this up by offering cyber-risk protection for senior executives and other key personnel.
By Leonard Kleinman, Field ChiefTechnologyOfficer (CTO) ) Cortex for Palo Alto Networks JAPAC Many things challenge how we practice cybersecurity these days. Let’s look at some of these cybersecurity challenges and how automation can level the playing field.
It was an interesting case study of global cyber impact, says Charles Clancy, CTO at Mitre. What happened In CrowdStrikes own root cause analysis, the cybersecurity companys Falcon system deploys a sensor to user machines to monitor potential dangers. What if theres an urgent security fix? Clancy asks. Trust, but verify.
And while ML has frequently been used to make sense of big data—to improve business performance and processes and help make predictions—it has also proven priceless in other applications, including cybersecurity. Why Machine Learning Has Become Vital for Cybersecurity. What Makes Machine Learning Different in Cybersecurity.
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).
Isovalent , a startup that aims to bring networking into the cloud-native era, today announced that it has raised a $29 million Series A round led by Andreesen Horowitz and Google. The founding team of CEO Dan Wendlandt and CTO Thomas Graf has deep experience in working on the Linux kernel and building networking products.
Last year, Seattle-based networksecurity startup ExtraHop was riding high, quickly approaching $100 million in ARR and even making noises about a possible IPO in 2021. The company is part of the narrower Network Detection and Response (NDR) market. Security remains a frothy market with lots of growth potential.
Many large enterprises now rely on hundreds of third-party SaaS applications to do business, but their security organizations can barely keep pace. Right now, the state of the art for SaaS enterprise security are cloud access security brokers (CASBs) that act as intermediaries between users and the actual service.
CTO and founder of Reposify , Yaron Tal is a tech entrepreneur and cybersecurity expert with nearly two decades of experience developing cybersecurity software solutions. A deep dive into these deficiencies points to clear solutions all industries – cybersecurity or otherwise – can embrace to protect themselves.
As a result, for IT consultants, keeping the pulse of the technology market is essential. Being a successful IT consultant requires knowing how to walk in the shoes of your IT clients and their business leaders, says Scott Buchholz,CTO of the government and public services sector practice at consulting firm Deloitte.
Such a cryptographically relevant quantum computer (CRQC) could deliver a devastating impact to global cybersecurity protocols. To prepare for this worst-case scenario, Mastercard launched its Quantum Security and Communications project, which earned the company a 2023 US CIO 100 Award for IT innovation and leadership.
Could the secret to building Internet-connected devices that balance utility, safety, security, and privacy reside in the offices of Forcite, an upstart motorcycle helmet maker in Australia? READ MORE ON SECURING THE INTERNET OF THINGS. ”—Stephen Ridley, founder and chieftechnologyofficer, Senrio.
Dun and Bradstreet has been using AI and ML for years, and that includes gen AI, says Michael Manos, the companys CTO. And a Red Hat survey of IT managers in several European countries and the UAE found that 71% reported a shortage of AI skills, making it the most significant skill gap today, ahead of cybersecurity, cloud, and Agile.
The survey points to a fundamental misunderstanding among many business leaders regarding the data work needed to deploy most AI tools, says John Armstrong, CTO of Worldly, a supply chain sustainability data insights platform. Theres a perspective that well just throw a bunch of data at the AI, and itll solve all of our problems, he says.
Security and technology teams are under increasing pressure to strengthen their organizations cybersecurity posture. According to the National Cybersecurity Alliance , ransomware attacks, identity theft, assaults on critical infrastructure and AI-powered scams are all expected to escalate in 2025.
What is a CTO? The chieftechnologyofficer (CTO) is the senior executive who focuses on the technological requirements, opportunities, and challenges within an organization. What does a CTO do? What does a CTO do? Years ago, the CTO most often led the infrastructure function.
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.
Over the past year, the focus on risk management has evolved significantly, says Meerah Rajavel, CIO of Palo Alto Networks. However, CIOs must still demonstrate measurable outcomes and communicate these imperatives to senior leadership to secure investment. AI assessments will follow suit.
Now, cybersecurity startup Nudge Security is emerging from stealth to help organizations tackle what they think is the biggest cybersecurity weakness: people. We also provide supply chain information,” added Blasco, Nudge’s co-founder and chieftechnologyofficer.
Eureka , a Tel Aviv-based startup that provides enterprises with tools to manage security risks across their various data stores, today announced that it has raised an $8 million seed round led by YL Ventures. “Security leaders are especially excited about Eureka’s policy translation engine,” Hayun explained.
Columbus, Ohio-based Finite State, a startup that provides supply chain security for connected devices and critical infrastructure, has raised $30 million in Series B funding. . The funding lands amid increased focus on the less-secure elements in an organizations’ supply chain, such as Internet of Things devices and embedded systems.
In our inaugural episode, Michael “Siko” Sikorski, CTO and VP of Engineering and Threat Intelligence at Unit 42 answers that question and speaks to the profound influence of artificial intelligence in an interview with David Moulton, Director of thought leadership for Unit 42. Threat Vector is your compass in the world of cybersecurity.
Seemplicity is a portmanteau of “see” and “simplicity”, and that is effectively what it is doing: helping DevOps and SecOps teams see a more complete picture of the state of an organization’s security, by simplifying how to view it. S Capital led its seed round.
By Dr. May Wang, CTO of IoT Security at Palo Alto Networks and the Co-founder, ChiefTechnologyOfficer (CTO), and board member of Zingbox. At the foundation of cybersecurity is the need to understand your risks and how to minimize them. Challenges of Security Risk Management.
Integrating a new network after an acquisition can be a sizable headache for any CIO. Traditionally, to integrate its acquisitions, Koch would flatten the acquired company’s core network, says Matt Hoag, CTO of business solutions at Koch. It’s more complicated than standard networking, Hoag says. Laying the foundation.
Emerging cybersecurity initiatives generate lots of buzz but aren’t likely to shift the focus of IT and business leaders away from fundamental issues such as cost and best-of-breed solutions. The survey by Comcast Business and CIO included 146 respondents, more than 60% of them in C-level roles (CIO, CISO/CSO, CTO, or COO).
Onomondo , a startup offering a dedicated wireless network for internet of things (IoT) devices, today announced that it raised $21 million in a funding round led by Verdane with participation from Maersk Growth, People Ventures, and The Danish Growth Fund. A network reserved for IoT devices isn’t a novel concept.
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.
Organizations have shifted to remote desktop work environments at an increasing speed since then – simultaneously expanding their attack surface and exposing themselves to greater cybersecurity threats. Given that threat actors exploit critical vulnerabilities within mere hours of publication, this poses a serious security risk for companies.
By Sean Duca, vice president and regional chiefsecurityofficer for Asia Pacific and Japan at Palo Alto Networks Some economists predict that we could soon face a global recession. This can be a challenge to cyber budgets in organizations where security is viewed primarily as a cost center.
based cybersecurity startup, has secured a $12 million Series A investment to bring multi-factor authentication (MFA) to machine-to-machine API traffic. That’s what we’re doing in the API world,” Corsha co-founder and CTO Anusha Iyer told TechCrunch. government doesn’t stop there, as Corsha secured the U.S
Virtually every company relied on cloud, connectivity, and security solutions, but no technology organization provided all three. Leaders across every industry depend on its resilient cloud platform operated by a team of industry veterans and experts with extensive networking, connectivity, and security expertise.
Security weaknesses arise Security and risk vulnerabilities are important signs that modernization is immediately necessary. He notes that recent surveys by Gartner and Forrester show that over 50% of organizations cite security and efficiency as their main reasons for modernizing their legacy systems and data applications.
Oligo Security , a Tel Aviv-based startup that focuses on runtime application security and observability to detect and prevent open-source vulnerabilities, is coming out of stealth today and announcing that it has raised a total of $28 million in seed and Series A funding.
Speed is great, but not when it comes at the expense of security. The engineering ecosystem is often overlooked as security teams tend to focus more on reducing runtime misconfigurations and vulnerabilities rather than addressing vulnerabilities across the entire attack surface.
In some cases, that’s already happening, says Tom Murphy, chieftechnologyofficer at networksecurity provider Nuspire. How to make your Zoom meetings more secure. Chernobyl’s lessons for critical-infrastructure cybersecurity. With all that going on, the industry is ripe for hackers to exploit.
This disruption will be defined by a rise in mega breaches that take entire enterprise networks offline, driven by supply chain vulnerabilities and attackers reaching new levels of speed and sophistication. As part of Palo Alto Networks 2025 predictions , read on to uncover Unit 42’s insights on what to expect in the coming year.
Protecting these ever-increasing volumes of data is a high priority, and while there are many different types of cybersecurity threats to enterprise data, ransomware dominates the field. Claus Torp Jensen , formerly CTO and Head of Architecture at CVS Health and Aetna, agreed that ransomware is a top concern. “At To watch 12.8
Spera , a Palo Alto-based security startup that provides businesses with the tools to proactively protect themselves from identity-driven threats, today said it has raised a $10 million seed funding round led by YL Ventures, with participation from a number of prominent angel investors and serial entrepreneurs.
As more enterprises migrate apps and workloads into the cloud, so grows the need for more sophisticated tech to secure that activity. Collectively, it says it now secures apps covering 78 million users and 230 million exposed data records and more than 9 billion monthly events.
With more than 875 million users across more than 200 countries, LinkedIn is a household name in the world of professional networking. The Delaware-registered startup, with an office in Pune, said it has raised $1.1 million in a seed funding round led by HubSpot co-founder and CTO Dharmesh Shah.
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