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.
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.
The rapid pace of API development has created major risk for companies given the amount of data that's being exposed, said Salt Security CEO Roey Eliyahu. The security industry hasn't adapted quickly to address these problems since it's still used to relatively static APIs that were easy to guard.
In this episode of CyberEd.io's podcast series "Cybersecurity Insights," Morphisec's Michael Gorelik discussed automated moving target defense - or AMTD, which is a risk-reduction strategy and preventive measure that reduces adversary success rates and provides "the final layer of defense."
Why are so many fresh zero-day vulnerabilities being exploited in the wild? Google reported that attackers often discover variants of previously exploited flaws, which suggests that vendors aren't doing enough to fix the root cause of flaws - or to avoid introducing fresh ones with their fixes.
The latest generation of ransomware and phishing attacks is being designed to evade existing network security controls such as gateways and firewalls, said Menlo Security CEO Amir Ben-Efraim. Threat actors have taken the time to codify, register and customize URLs to impersonate a bank's help desk.
Adversaries use artificial intelligence to obtain explosives, advance sextortion schemes and propagate malware through malicious websites that appear legitimate. Intelligence officials grapple with emboldened criminals who use AI for nefarious purposes and nation-state actors such as China.
Application journeys are fluid in practice because applications can live anywhere. Complex deployments with too many tools to configure and manage and overwhelmed IT teams lead to mistakes, so organizations should take a cybersecurity mesh platform approach to securing their application journeys.
SMB cybersecurity platform Coro purchased an early-stage Israeli startup to bring network connectivity to its SASE offering for midmarket organizations. Coro said its buy of Jerusalem-based Privatise will give Coro clients a secure way to connect, manage and filter out malicious content.
Adding former CIA Director Gen. David Petraeus to Semperis' strategic advisory board has given the identity vendor knowledge and insights into global threat activity, said CEO Mickey Bresman. Petraeus complements the firm's incident response arm company with perspectives on global threats.
Michigan-based academic medical provider Henry Ford Health is notifying nearly 170,000 individuals that their protected health information was breached in a recent phishing scam that compromised three employees' email accounts. Henry Ford Health said the incident occurred on March 30.
Email-based phishing attacks in Southeast Asia rose sharply in 2022, marking a growing trend in social engineering attacks with hackers using new techniques to fool victims, according to a recent Kaspersky Labs report. Countries across the region are trying to respond to this growing threat.
Between July 21 and 27, Worldcoin set off security and privacy alarms; threat actors stole from AlphaPo, CoinsPaid, Era Lend and Conic Finance; hackers set a cryptojacking record; Apple users became the target of a crypto-stealing malware and the DOJ merged its computer crime and crypto crime units.
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