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Halcyon, a leading platform specifically engineered to defeat ransomware, has announced the closure of a $100 million Series C funding round, led by Evolution Equity Partners with significant backing from Bain Capital Ventures (BCV), SYN Ventures, Harmony Group, Corner Capital Management, Dropbox Ventures, ServiceNow Ventures, and existing investors. This latest round of … [Read more...] about Halcyon Raises $100M to Revolutionize Ransomware Defense

Wiz, a leader in cloud security, has announced its acquisition of Palo Alto-based startup Dazz, marking a major step in its evolution into a multi-product company. The move integrates Dazz's AI-driven remediation and vulnerability management capabilities with Wiz's recently launched product, Wiz Code, which focuses on securing the application lifecycle with a developer-first … [Read more...] about Wiz Acquires Dazz to Bolster Cloud Security with Unified Remediation Platform

Twine, a US-Israeli cybersecurity startup, has announced $12 million in seed funding, co-led by Ten Eleven Ventures and Dell Technologies Capital, with additional backing from angel investors, including the founders of Wiz. This capital will accelerate the development of Twine’s AI-powered digital cyber employees, designed to execute end-to-end security tasks and address the … [Read more...] about Twine Raises $12M Seed Funding to Revolutionize Cybersecurity with AI-Driven Digital Employees

OCSF Simplifies Security Data Challenges and Creates Flexibility for Security Teams and Data Producers, Empowering Organizations to Effectively Mitigate Cyber Risks NAPA, Calif., Nov. 19, 2024 - Linux Foundation Member Summit – The Linux Foundation, the nonprofit organization enabling mass innovation through open source, welcomes the Open Cybersecurity Schema Framework … [Read more...] about Open Cybersecurity Schema Framework (OCSF) Joins the Linux Foundation to Optimize Critical Security Data

A recent survey of companies with over 500 employees across various industries highlights a concerning trend: 6 out of 10 organizations experienced cyberattacks targeting their data storage in the past year, yet fewer than half take adequate steps to defend against emerging threats and ensure rapid recovery. Conducted by Nexsan®, a leader in enterprise-class storage solutions, … [Read more...] about Survey Reveals Gaps in Cybersecurity for Data Storage, Despite Rising Threats

Red Hat, Inc., a leader in open source solutions, has announced the release of Red Hat OpenShift 4.17, delivering new features aimed at streamlining hybrid cloud operations while bolstering security and compliance. Alongside this release, Red Hat introduces OpenShift Lightspeed, a technology preview integrating generative AI to enhance productivity across skill levels. These … [Read more...] about Red Hat Enhances OpenShift with New Hybrid Cloud Capabilities and AI Integration

United States consumers increase their demand for better anti-fraud, data protection, and defenses to AI & social engineering attacks. REDWOOD CITY, Calif., Nov. 12, 2024 - Appdome, the experience leader in mobile defense, today announced the results of its 4th Annual US Consumer Survey of Mobile Security Expectations. The US survey reveals that American mobile consumers are … [Read more...] about New 2024 US Consumer Survey Reveals Highest Demand for Mobile Security in Four Years