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LogicGate Raises $113M To Take Risk Management Tool Global
by Michael Novinson
LogicGate plans to use its Series C proceeds to provide strategic insights to high-level executives around risk by leveraging machine learning, artificial intelligence, and statistical modeling, says CEO Matt Kunkel.
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Lacework Snags Facebook Engineer Lead Jay Parikh As Co-CEO
by Michael Novinson
‘Nobody can do what Jay [Parikh] does better. He is one of the few people in the world who has architected, built, and operated cloud infrastructure at massive scale,’ says Lacework Co-CEO David Hatfield.
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Kaseya Gets REvil Ransomware Decryptor Key To Help Victims
by Michael Novinson
‘We can confirm that Kaseya obtained the tool from a third party and have teams actively helping customers affected by the ransomware to restore their environments, with no reports of any problem or issues associated with the decryptor,’ the company posted in an update on its website.
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Rapid7 Buys Threat Intelligence Startup IntSights For $335M
by Michael Novinson
‘Sophisticated threat intelligence capabilities are typically only realistic for the most mature, well-resourced organizations. But IntSights is disrupting that,’ says Rapid7 Chairman and CEO Corey Thomas.
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U.S. Government Blames China For Microsoft Exchange Hack
by Michael Novinson
‘Given that sanctions have already been used against virtually every other rogue cyber nation state, not using them against China is a glaring oversight,’ says Dmitri Alperovitch on the U.S. government response.
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NortonLifeLock, Avast In Advanced Merger Talks
by Joseph F. Kovar
Both companies acknowledge they are in talks to merge, a move that would result in a large consumer-focused security business and a smaller enterprise security business. There are no guarantees the deal will happen, but NortonLifeLock now has until August 11 to state its intentions.
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Microsoft: Our ‘Holistic’ Approach To Security Is Superior
by Kyle Alspach
At Inspire 2021, Microsoft executives are getting vocal about what they see as the advantages of their end-to-end security suite—and about the downsides of ‘stitching together point solutions.’
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SonicWall: ‘Imminent Risk’ Of Ransomware Attack
by Mark Haranas
‘Organizations that fail to take appropriate actions to mitigate these vulnerabilities on their SRA and SMA 100 series products are at imminent risk of a targeted ransomware attack,’ says SonicWall in an urgent security notice today.
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Cybereason Raises $275M Led By Ex-Secretary Mnuchin’s Fund
by Michael Novinson
Cybereason plans to use the Series E proceeds to double its 850-person headcount over the next year and pursue acquisitions around unique technologies in the XDR and cloud security spaces, says CEO Lior Div.
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How JustTech Recovered From The ‘Humungous’ Kaseya Ransomware Attack In 10 Days
by C.J. Fairfield
“Then my background just turned white. And [my IT director] said, ‘Oh my gosh, that’s ransomware. Shut it down. Shut everything down,” says Joshua Justice, president of JustTech.
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Arctic Wolf Raises $150M On $4.3B Valuation To Fuel Tech M&A
by Michael Novinson
Arctic Wolf wants to grow its presence in the orchestration, remediation, deception, and cloud security spaces by making between five and ten acquisitions over the next year, CEO Brian NeSmith tells CRN.
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Microsoft To Acquire RiskIQ In Zero Trust Security Push
by Kyle Alspach
The planned acquisition of RiskIQ, which specializes in attack surface management and threat intelligence, comes as customers ‘embrace the concept of Zero Trust,’ Microsoft said in its announcement.
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Biden To Putin: ‘Take Action To Disrupt Ransomware Groups’
by Michael Novinson
‘The United States expects when a ransomware operation is coming from his [Putin’s] soil, even though it’s not sponsored by the state, we expect them to act if we give them enough information,’ says President Joe Biden.
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Netskope Raises $300M On $7.5B Valuation To Fuel SASE
by Michael Novinson
‘We were SASE before the term SASE existed, and today we are seeing our vision manifest across the globe as enterprises increasingly turn to Netskope to enable secure digital transformation,’ says Sanjay Beri.
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