In September 2010, HP acquired Fortify Software for what Forbes reported was about $265 million and was later folded into HP’s Software Division. Founded in 2003, Fortify makes products and services designed to protect companies from security threats in business software applications, and raised $40 million in 2003 from Kleiner Perkins and Sigma Partners. Today, [...]
Posted on January 21st, 2012 by admin
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Symplified, which provides identity and access management tools for cloud applications, has raised $20 million in Series C funding led by Ignition Partners. Existing investor Allegis Capital, Granite Ventures, and Quest Software also participated in the financing, which brings the company’s total funding to $38.8 million. With more than 3.8 million subscribers, Symplified offers a [...]
Posted on January 19th, 2012 by admin
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Security Manual for the Internet and Information Technology is over 230 pages in length. All versions of the Security Manual template include both the Business & IT Impact Questionnaire and the Threat & Vulnerability Assessment Tool (both were redesigned to address Sarbanes Oxley compliance). In addition, the Security Manual Template PREMIUM Edition contains 16 detail job [...]
Posted on January 8th, 2012 by admin
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Cyber-Ark Software, which provides identity management solutions to financial institutions and other enterprise customers worldwide, has raised a healthy $40 million in venture capital funding in a round led by Goldman Sachs and Jerusalem Venture Partners (JVP). Founded in 1999, Cyber-Ark had previously raised $25 million from angel investors and VCs. The company provides information [...]
Posted on December 21st, 2011 by admin
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Blue Coat, which specializes in Web security and WAN optimization solutions, has agreed to be acquired by an investor group led by San Francisco-based PE firm Thoma Bravo in a transaction valued at roughly $1.3 billion. Shareholders stand to receive $25.81 per share per common stock, in cash, and Blue Coat’s board of directors has [...]
Posted on December 10th, 2011 by admin
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Federal agencies have budgeted $6.5 billion for security in 2012, much less on a percentage basis than other businesses and industries. The federal government lags behind most industries when it comes to how much of its IT budgets are spent on security, pointing to a need for agencies to rethink their investments as they adopt [...]
Posted on November 22nd, 2011 by admin
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Most small business owners believe that Internet security is critical to their success and that their companies are safe from cyber security threats: but most fail to take fundamental precautions. This is the major finding from a survey of US small businesses. The survey found that two-thirds (67 percent) of US small businesses have become [...]
Posted on October 28th, 2011 by admin
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In 2012 there will be new and increasingly sophisticated ways used to capture and exploit user data, as well as escalated battles over the control of online information which will threaten to compromise content and erode public trust and privacy. In the Georgia Tech Emerging Cyber Threats Report for 2012 reportspecific issues which are expected [...]
Posted on October 13th, 2011 by admin
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IBM is announcing the acquisition of Q1 Labs, Massachusetts-based provider of security intelligence software. Financial terms of the deal, which is expected to close in fourth quarter, were not disclosed. Q1 Labs software collects and analyzes information from hundreds of sources across an organization such as the network, applications, user activity, mobile endpoints, and physical [...]
Posted on October 7th, 2011 by admin
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When criminals compromise financial institutions and other corporate targets, often the victims like to keep it as quiet as possible. At least the new wave of very public assaults shines a bright light on the poor state of security. Businesses, government agencies, and educational institutions reported 50 percent more data breaches in 2008 than in [...]
Posted on September 12th, 2011 by admin
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