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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

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Banking on AI to Defend the Financial Services Sector

Palo Alto Networks

Like other data-rich industries, banking, capital markets, insurance and payments firms are lucrative targets with high-value information. Conversely, threat actors – from cybercriminals to nation-states – are harnessing AI to craft more sophisticated attacks, automate their operations, and evade traditional security measures.

Banking 101
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Cybersecurity GenAI features: Are they worth the money?

CIO

In many cases, it’s cybersecurity, which ranks at the top of the list of factors driving increased IT spending in 2024. Which cybersecurity capabilities does GenAI unlock? One way to gain perspective on those questions is assessing the extent to which AI has noticeably impacted cybersecurity tools. Where is all that money going?

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Cybersecurity startup Panaseer raises $26.5M Series B led by AllegisCyber Capital

TechCrunch

Panaseer , which takes a data science approach to cybersecurity, has raised $26.5 In plainer English that means correlating a great deal of data from all available security tools to check assets, control gaps, you name it. Ultimately, CCM enables these failures to be fixed before they become security incidents.”.

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Stairwell secures $20M Series A to help organizations outsmart attackers

TechCrunch

Now with $20 million in Series A funding, its founder and CEO Mike Wiacek — who previously served as chief security officer at Chronicle , Google’s moonshot cybersecurity company — is ready to talk. Stairwell’s $20 million in Series A funding, which comes less than 12 months after it secured $4.5

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How AI can deliver eye-opening insights for IT

CIO

The pairing of AI/ML with IT telemetry and other monitoring and management functions, known as AIOps, has a projected market size of about $2.1 3 primary use cases AIOps addresses three areas of concern: IT health, cybersecurity, and sustainability. AIOps intelligence points you to the cause and spells out a recommendation.

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Temasek leads $550M Series C extension into Orca Security, which aims for further international foothold

TechCrunch

Orca Security , an Israeli security company offering an agent-less platform for protecting cloud-based assets, secured a $550 million extension to the Series C funding round it raised seven months ago. Orca Security raises $210M Series C at a unicorn valuation. billion, Avi Shua, co-founder and CEO told TechCrunch.

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