Huntress has completed a Series C round to expand beyond the endpoint protection market and bring managed security to identity and cloud. Hackers are increasingly going after employee accounts at SMBs and using the compromised identity to move into other systems via SSO, CEO Kyle Hanslovan said.
The midsize market encounters many cybersecurity hurdles, including the increasing volume of information that needs to be protected, the shift to hybrid cloud, and limited skilled personnel to build and implement security programs. What does the SOC look like for these organizations?
Airbus has halted efforts to buy a 29.9% stake in Atos' $5.76 billion Evidian cybersecurity, big data and digital business. The aircraft manufacturer walked away from the transaction after determining it "does not meet the company's objectives in the current context and under the current structure."
With signs pointing to a global economic downturn, cybersecurity organizations are already thinking about managing budgets and doing more than less. Four CISOs share a wide range of belt-tightening tips, from putting the squeeze on your vendors and suppliers to training and hiring from within.
AT&T wants to unload its cyber assets just five years after doubling down on security through its $600 million purchase of threat intelligence vendor AlienVault. The Dallas-based carrier has been working with British banking firm Barclays to solicit bids for its cybersecurity business, Reuters said.
Secureworks has axed roughly 210 employees, and CFO Paul Parrish and Chief Threat Intelligence Officer Barry Hensley are leaving their posts. Secureworks revealed plan to reduce its 2,351-person staff by approximately 9% to help balance continued growth with improved operating margins.
Valuations are down, some companies have left the market altogether, and some even have announced deep rounds of layoffs. Yet, Alberto Yépez of Forgepoint Capital retains optimism for the cybersecurity marketplace in 2023 and says now is the ideal time to be ramping up investments in innovation.
With more remote work, SaaS applications have become essential supporting collaboration and ensuring easy access to files and folders from anywhere to keep workforces productive and connected. Unfortunately, many organizations still believe that these tools are completely secure and make the need for backup obsolete....
Managed security services player Cerberus Sentinel plans to capitalize on cloud migration and strict privacy regulations in South America through its proposed purchase of RAN Security. The deal will bolster Cerberus Sentinel's penetration testing, gap analysis and infrastructure management services.
Simeio has added SailPoint and IBM to its identity and access management line card through the purchase of identity services provider PathMaker Group. The first acquisition in its 17-year history will give Simeio access to senior-level personnel with deep knowledge in identity governance.
Industrial control vendors such as Honeywell are increasingly adopting Nozomi Networks within their security portfolio, says CEO Edgard Capdevielle. Firms such as Siemens can actually run Nozomi's products inside their platform, while others have incorporated its tool into a managed service bundle.
In a recent survey with more than 1,800 managed service providers (MSPs) worldwide to find out where they think their biggest growth opportunities are, 95% of respondents said they believe now is
a good time to be an MSP.
Respondents concluded that competition is their top challenge, and that most MSPs expect...
Cymulate has raised $70 million to strengthen its presence in new areas such as attack surface management and continuous automated red teaming. The company plans to deepen its wallet share among midmarket customers by working more closely with managed security service providers.
Throughout the pandemic, more organizations have embraced managed service providers, but the same economies of scale that attract customers also make MSPs an increasing target of attackers, says Candid Wüest, vice president of cyber protection research at Acronis.
Microsoft plans to roll out new managed services that give organizations the expertise needed to proactively hunt for threats and extend XDR beyond the endpoint. Microsoft Security Experts features new managed services as well as existing services around incident response and modernization.
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