#Cloud Security

Law EnforcementTechCrunch

Clop ransomware gang doxes two new victims days after police raids

Last week, a law enforcement operation conducted by the National Police of Ukraine, along with officials from South Korea and the U.S., saw the arrest of multiple suspects believed to be linked to the Clop ransomware gang. It’s believed to be the first time a national law enforcement group carried out mass arrests involving a ransomware group.
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EconomyVentureBeat

Lightspin nabs $20M to boost enterprise cloud security

Cloud security platform Lightspin today announced that it raised $16 million in a series A round led by Dell Technologies Capital, with participation from Ibex Investors. Cofounder and CEO Vladi Sandler says that the funds, which bring the company’s total raised to $20 million, will be used to expand Lightspin’s market reach and product offering.
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Businesscrunchbase.com

Symmetry Systems Pushes Data Security After $15M Series A

San Francisco-based Symmetry Systems closed a $15 million Series A as it looks to push companies to move beyond network and application security and into protecting its most valuable asset — its data. The round was co-led by Prefix Capital and ForgePoint Capital with participation from Accenture Ventures. Founded in...
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EconomyBeta News

98 percent of companies experience cloud data breaches

In the last 18 months 98 percent of companies in a new survey have experienced at least one cloud data breach -- up from 79 percent last year. The research, conducted by IDC for cloud infrastructure company Ermetic, reveals that of the 200 CISOs and security decision makers surveyed 67 percent report three or more breaches, and 63 percent say they had sensitive data exposed.
Technologyfortinet.com

Strategies and Use Cases for Private Cloud Security

When cloud migration originally started, some organizations often adopted public cloud services because the costs for operating, designing, and maintaining private cloud deployments seemed unsustainable. However, as cyber criminals increasingly target public cloud services, organizations have started implementing private clouds as a place to manage sensitive information. According to the Flexera 2021 State of the Cloud Report, 87% of enterprises already have a hybrid public-private cloud strategy in place; it also found that the hybrid cloud industry is estimated to grow to almost $100 billion by 2023. As organizations begin to build out their hybrid cloud infrastructures, they must understand the different strategies and use cases for private cloud security solutions to protect their most sensitive data.
Technologychannele2e.com

Public Cloud Security: Managing the Complex Public Cloud

For channel partners, understanding public cloud security is now essential – but it’s no easy feat. When managing customers with differently configured public cloud environments from various providers, or even hybrid clouds, partners can easily become overwhelmed, and some may not even know where to begin. To help partners navigate...
Computersaithority.com

Lack Of Budget And Cloud Security Skills Are Top Obstacles Keeping Organizations From Protecting Data In The Cloud, According To Netwrix Study

Half of CISOs say their organization’s desire for growth and rapid digitalization is detrimental to data security in the cloud. Netwrix, a cybersecurity vendor that makes data security easy, announced additional findings on cloud security challenges from its global 2021 Netwrix Cloud Data Security Report. The top challenges to securing...
Technologyaithority.com

Trend Micro Cloud One Delivers Projected ROI Of Up To 188%

Study Calculates Total Projected Benefits Of Up To $1.7 Million. Trend Micro Incorporated, a global cybersecurity leader, announced a new study revealing that its hybrid cloud security services can save thousands of person-hours per year on security administration. Forrester Consulting surveyed and interviewed 97 Trend Micro Cloud One customers and drew the conclusion that the services can enhance developer value and save costs on breach risks, threat detection and response and legacy tooling.
Technologymobileworldlive.com

ZTE releases 5G CDN White Paper

PRESS RELEASE: ZTE Corporation has announced the release of 5G CDN White Paper. The white paper analyzes in detail the challenges confronted by content delivery network (CDN) in the 5G era and proposes architecture and technology trends suitable for the evolution of CDN to content edge clouds. Also, the white paper shares cases of actual applications and deployments, which are of practical guiding significance to the industry.
ComputersNetwork Computing

Will SASE Mark the End of the Network as We Know It?

Secure Access Service Edge (SASE), the increasingly popular framework that transforms security and network connectivity technologies into a single cloud-delivered platform, promises to revolutionize wide-area networking to the extent that it will soon eradicate conventional SD-WAN technology. Kate Adam, senior director of security products at Juniper Networks, said that network...
TechnologyForbes

How To Develop A Privileged Access Management Strategy For The Cloud Era

Chief Product Officer at Saviynt. Owner and strategist of Saviynt's products and platform. Digital transformation has never been more important. In the era of Covid-19, consumers increasingly favor businesses that can provide on-demand access to digital products and services, and employees require intuitive digital applications and tools that can support seamless remote work experiences. Even as many businesses are forced to do more with less, the current landscape demands greater operational speed, productivity and efficiency.
Economyhelpnetsecurity.com

Aqua Security participates in the launch of the AWS CloudFormation Public Registry

Aqua Security announced its participation in the launch of the AWS CloudFormation Public Registry, with a published listing to enable customers to easily discover, seamlessly provision, and scale the Aqua Cloud Native Security Platform into their Amazon Web Services environments. The Aqua validated CloudFormation templates for multiple resource types radically...
Businessaithority.com

Symmetry Systems Raises $15 Million; Extends Leadership in Hybrid-Cloud Data Security

Symmetry Systems, provider of cutting-edge Data Store and Object Security (DSOS), announced a $15 million Series A funding round led by Prefix Capital and ForgePoint Capital, two premier venture funds investing in foundational and transformative technologies. The investment will support the company’s rapid growth in revenue, customers, and employees. This...
Businesscalcalistech.com

Cloud security platform Lightspin raises $16 million A Round

Israeli cloud security startup Lightspin announced on Wednesday that it has raised $16 million Series A funding in a round led by Dell Technologies Capital with significant participation from existing investor Ibex Investors. This round brings total funding to date to $20 million. Founded in 2020, Lightspin has developed a...
Economytechnewstube.com

Mitiga raises $25M Series A to help organizations respond to cyberattacks

Israeli cloud security startup Mitiga has raised $25 million in a Series A round of funding as it moves to “completely change” the traditional incident response market. Mitiga, unlike other companies in the cybersecurity space, isn’t looking to prevent cyberattacks, which the startup claims are inevitable…
Austin, TXgovconwire.com

LookingGlass Acquires Attack Surface Management Company AlphaWave; Gilman Louie Quoted

LookingGlass Cyber Solutions has acquired AlphaWave, an Austin, Texas-based cloud security technology startup, for an undisclosed sum in a move to expand its portfolio of attack surface management platforms. “AlphaWave’s cloud-native foundation enables them to clearly understand the nuances of managing one’s attack surface across the cloud and containers. This...
Economychannelfutures.com

Cloud Security Gets Stronger with Lightspin’s New Funding Round

Protecting customers’ clouds is just as important for managed security service providers to do as any other aspect of cybersecurity. But they need tools they can rely on, and not just in the short term. (After all, demand for cloud security will surpass $12 billion by 2025.) Startup Lightspin aims...
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