Fortra has pursued acquisitions in the infrastructure protection, data protection, and digital risk and email protection markets to help customers improve security posture. CEO Kate Bolseth said clients told Fortra they had challenges within segments such as security awareness and managed services.
ServiceNow wants to apply generative AI to its knowledge around how customer environments are configured to help organizations harden their digital attack surface. Security product leader Lou Fiorello said ServiceNow will use generative AI to leverage its presence across the entire enterprise.
Ten Eleven Ventures' Alex Doll sees privacy and device management as the hottest areas for security startups and cloud companies as "coming from behind." Advancements in privacy-enhanced technologies have allowed for searchable encryption, meaning that entire databases can be locked down.
New CEO Scott Harrell wants Infoblox to evolve from classic networking DNS management to bringing networking and security together in ways that optimize protection and efficiency. DNS serves as a building block for security since it is universal across large client devices and small mobile phones.
Shadow APIs are up 900%, and API business logic abuse attacks have come to the forefront and are demanding both discovery and defensive measures from cybersecurity organizations, said James Sherlow, director of solution engineering in EMEA at Cequence Security.
According to Expel's Q1 2023 Quarterly Threat Report, criminals are exploiting 1- to 2-year-old vulnerabilities. This suggests organizations don’t know which vulnerabilities pose the biggest threats to their environments, said Andrew Hoyt, Expel's director of solution architecture.
Employees need technology that is easy to use and free of errors and that directs them to appropriate cybersecurity guidance when they have questions. Basically, they need technology that helps them to help themselves work more securely, said university professor Steve Furnell.
Atlanta-based trust intelligence firm OneTrust has balanced growth and profitability and now plans to use its $150 million funding round to boost its financial controls and processes and recruit a majority independent board to prepare for an eventual initial public offering, said CEO Kabir Barday.
As more organizations undergo resource and cost pressures, 86% of managed security services customers are deciding to consolidate security tools and outsource their security requirements, according to the OpenText Cybersecurity 2023 Global Managed Security Survey.
Human Factor Security expert Robin Lennon Bylenga advised that in building an internal threat management program, it is imperative to not send mixed messages to the broader workforce. It's wise to conduct an assessment of human risk - not just IT risk, she said.
Synthetic ID fraud has moved beyond business-to-consumers to business-to-business fraud as more bad actors are opening fraudulent commercial accounts at financial institutions, said Dori Buckethal, vice president of risk and fraud solutions at Thomson Reuters.
Security is about more than technology, said Paul Watts, a distinguished analyst at the Information Security Forum. It's also about people and process, he said, with the ultimate goal of adding value to what the business is trying to do. Watts discussed how security leaders can achieve this goal.
Organizations struggle with governing the data that goes into and informs large language models since it's in documents rather than spreadsheets or SQL databases, said BigID CEO Dimitri Sirota. Companies need a more effective governance framework for managing unstructured data, Sirota said.
The shifting of information to data warehouses such as Snowflake and Databricks has created oversight challenges around access and ownership, said Immuta CEO Matthew Carroll. Customers should be able to scan and analyze where their cloud data lives and identify and fix flaws or abnormalities.
Today's CISO must have close communication with the C-suite, understand the business needs of the organization as well as its objectives and risks, and to be able to articulately translate those business objectives into technology, said Dion Alexopoulos, head of security at Camelot.
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