Cyera is raising between $150 million and $200 million in a new funding round that would value the Silicon Valley-based data security startup at as much as $1.55 billion. The funding talks come just nine months after Cyera closed a $100 million Series B round at a reported $500 million valuation.
Not so long ago, security organizations rallied behind best of breed security solutions. But now, trying to reduce tech debt, rationalize tools and consolidate vendors, there is a push for the platform approach. Cisco's Amilcar Alfaro talks about how to tap into the platform advantage.
After two sensational years in the public markets during the height of COVID-19, 2022 was a rude awakening for the cybersecurity industry. The four-headed monster of inflation, interest rate hikes, supply chain shortages and the ongoing Russia-Ukraine war dragged most stock prices down.
Many ransomware-wielding attackers are expert at preying on their victims' compulsion to clean up the mess. Witness victims' continuing willingness to pay a ransom - separate to a decryptor - in return from a promise from extortionists that they will delete stolen data. As if.
Ngrok has closed a $50 million Series A round to provide enterprise-grade authentication and user and session observability without adding complexity for developers or users. Ngrok will use the proceeds to support additional authentication protocols and build out integrations and connections.
Security, observability and search vendor Elastic will shrink its workforce by 13% due to small and medium businesses reducing their purchases amid the economic downturn. Elastic will lay off nearly 400 of its 3,056 employees as it adopts an automated, low-touch motion for SMB customers.
Cybereason has abandoned its IPO plans altogether and hired JPMorgan Chase to find a buyer, The Information reported Friday. Why is Cybereason no longer poised to make it to the IPO Promised Land? An unfavorable competitive environment and a muddled go-to-market strategy provide some clues.
Hackers are exploiting third-party remote access. If you’re not taking third-party risk seriously, it’s just a matter of time until your company is the next headline.
Bernalillo County, the largest county in New Mexico, shut down its IT systems after reportedly suffering a ransomware attack on Wednesday. County officials say they are working with third-party vendors to remediate the incident. County staff are working remotely as systems are restored.
Pfizer has sued a former employee, alleging she uploaded to her personal devices and accounts thousands of files containing confidential information and trade secrets pertaining to the company's vaccines and medications, including its COVID-19 vaccine, to potentially provide to her new employer.
As the risks to IT and OT converge, organizations must use "zero trust" to verify user identities and build effective monitoring capabilities to track the behavior of privileged users, say Kartik Shahani of Tenable and Rohan Vaidya of CyberArk.
Bitcoin has enabled fast payments to cybercriminals pushing ransomware. How to deal with bitcoin is the subject of a spirited debate, with some arguing to restrict it. But bitcoin doesn't always favor cybercriminals, and it may actually be more of an ally than a foe by revealing webs of criminality.
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