Information Security

Symantec Breach Exposes Purported Client List, Passwords In Demo Lab: Report

by Michael Novinson
Symantec characterized the breach as a ‘minor incident’ since it involved a self-enclosed demo lab in Australia that wasn't connected to the company’s corporate network.
CrowdStrike Stock Up 71% Following First Day Of Nasdaq Trading

by Michael Novinson
CrowdStrike's $11.57 billion market cap after its first day of trading is just $300 million lower than Symantec, even though the cybersecurity giant has been in business for 37 years and has roughly 20-times the revenue of CrowdStrike.
Phishing Simulation Vendor KnowBe4 Raises $300M To Grow Globally

by Michael Novinson
Security awareness training provider KnowBe4 has more than $100 million of recurring revenue, a valuation of $1 billion, and is No. 96 on Inc. magazine’s list of the 500 fastest-growing private companies.
Cybersecurity Vendor Vectra Raises $100M To Aid R&D, Global Growth

by Michael Novinson
‘In our research on the category, it became clear to us that Vectra was rapidly gaining momentum with customers by rethinking the way enterprises view both network and cloud security,’ says TCV General Partner Tim McAdam.
Proofpoint Shareholders Oppose Executive Compensation For 2018

by Michael Novinson
Shareholders sounded the alarm on a plan that resulted in more than $93 million of stock awards being granted to three top Proofpoint executives in 2018, with more than $63 million going to CEO Gary Steele alone.
Tech Data: No Evidence That Data Stored On Exposed Server Was Misused

by Michael Novinson
Tech Data says information on the exposed server might include facts that can be found on a business card, one-time use credentials to activate a specific cloud service, or the date and time of service activations.
Tech Data Fixes Leak That Exposed Reseller Payment Information: Report

by Michael Novinson
Email and personal user data, reseller contact and invoice information, payment and credit card data, internal security logs, and unencrypted logins and passwords were leaked by Tech Data’s log management server, vpnMentor found.
SIEM Player Elastic To Buy Endpoint Security Firm Endgame For $234M

by Michael Novinson
Combining Endgame's endpoint protection, detection and response expertise with Elastic's security information and event management capabilities will help organizations extend threat hunting to the endpoint, the companies say.
SentinelOne Raises $120M To Battle CrowdStrike, Cylance

by Michael Novinson
SentinelOne plans to use the proceeds from its series D round to establish a leadership position around securing IoT devices on the endpoint and reduce the number of agents customers are having to use.
Imperva To Buy Distil Networks To Bolster Bot Management

by Michael Novinson
Combining Imperva's application security stack with Distil's technology will provide better defense against the most critical automated attack vectors such as ATO and scraping.
Quest Diagnostics Breach Exposes Sensitive Data Of 11.9M Patients

by Michael Novinson
The exposed data included medical information, financial information such as credit card numbers and bank account information, and other personal information like Social Security numbers, according to Quest.
Kaspersky Lab North American Leader Maxim Frolov Leaves Firm

by Michael Novinson
Maxim Frolov has departed Kaspersky Lab just five months after assuming responsibility for the company's challenged North American business operations.
5 Things To Watch From Recorded Future After The Private Equity Deal

by Michael Novinson
From hiring more data scientists to doubling down on orchestration and automation, here's how threat intelligence vendor Recorded Future plans to take advantage of the $780 million acquisition by Insight Partners.
Three MSSPs Merge To Take On Security Giants Secureworks, IBM

by Michael Novinson
Sword & Shield, Terra Verde and TruShield have come together under the ownership of Sunstone Partners to form Avertium, a 150-person managed security service provider with a strong focus on the mid-market.
Recorded Future Bought By Private Equity Firm Insight Partners For $780M

by Michael Novinson
Threat intelligence vendor Recorded Future said it's uniquely positioned to capitalize on opportunities in adjacent markets such as security operations, vulnerability management, and third-party risk.