SentinelOne plans to ax approximately 105 workers after a significant drop in data usage for products with consumption-based pricing caused revenue to fall short of expectations. The company revealed plans to reduce its staff by 5% to remain on track with achieving non-GAAP profitability next year.
In the latest weekly update, ISMG editors discuss how Russia's invasion of Ukraine upended the cybercrime ecosystem, a lawsuit against a U.S. cardiovascular clinic that seeks a long list of security improvements, and the latest endpoint protection technology trends in the Gartner Magic Quadrant.
Rapid7 has purchased a ransomware prevention vendor founded by a former Israel Defense Forces captain to strengthen its managed detection and response muscle. The Minerva Labs purchase will allow Rapid7 to deliver advanced ransomware prevention across cloud resources and traditional infrastructure.
Mason Swenson, vice president of product management, CrashPlan
Endpoint detection and response is a great defense - but not entirely enough to protect all data in the event of a devastating cyberattack. Enter endpoint backups, which provide extra levels of resiliency, recovery and compliance, says Mason Swenson of...
CrowdStrike hopes to capture more small and midsized organizations through a new product bundle, revamped e-commerce portal and renewed partnership with Dell. CEO George Kurtz says becoming the exclusive endpoint security partner of PC giant Dell will help CrowdStrike reach small businesses.
Cybereason has gone all-in on helping customers mitigate threats beyond the endpoint to minimize the impact of ongoing SOC staffing challenges, CEO Lior Div says. The company's focus on tracking and following malicious operations sets Cybereason's approach to XDR apart from rivals.
SentinelOne plans to go after more Fortune 500 and Global 2000 organizations as the economic downturn prompts customers to shrink the size of their purchases. Over the past year, the company doubled the number of clients spending at least $100,000 and $1 million with SentinelOne annually.
A longer sales cycle for small businesses and delayed subscription start dates for large enterprises have forced CrowdStrike to lower its sales forecast going forward. The Austin-based endpoint security company says deals with SMB clients took 11% longer to close in the fiscal quarter ended Oct. 31.
Broadcom's acquisition of VMware faces challenges from European regulatory authorities over potential competitive advantages. The $61 billion deal announced in May still needs clearance from the EU and also faces scrutiny by U.K. authorities before it can be finalized.
Private equity firm Vector Capital invested $100 million in Malwarebytes a month after the antivirus stalwart laid off 125 employees to focus on smaller customers. The funds will help the vendor reduce clients' attack surfaces and accelerate momentum with MSPs and channel partners.
CrowdStrike has purchased external attack surface management startup Reposify to help organizations detect and eliminate risk from vulnerable and unknown assets. This deal will allow CrowdStrike to combine its insights on endpoints and IT environments with Reposify's internet-scanning capabilities.
NortonLifeLock and Avast completed their $8.6 billion merger Monday, forming a $3.5 billion consumer cyber protection behemoth with expertise across security, privacy and identity. The fully merged company will have fewer than 4,000 employees and will initially go to market as NortonLifeLock.
Organizations must think differently about how to detect adversaries in the cloud rather than merely shifting their on-premises controls. Combining Carbon Black's insights into the endpoint with NSX's ability to see network connections has allowed VMware to more effectively spot lateral movement.
As the Russia-Ukraine war continues, Ukrainian government cybersecurity official Victor Zhora says that the country's computer emergency response team has tracked more than 1,600 online attacks and that defensively, "wipers continue to be the biggest challenge."
Fortinet has raised prices on products and services to address macroeconomic challenges including shipping delays, longer activation timelines and the suspension of sales in Russia. The company says price hikes have more than offset supply chain and geopolitical headwinds in recent months.
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