Saturday May 18, 2024

OpenText acquires forensic security vendor Guidance Software for $240 million

 OpenText, the content management company based in Waterloo, Ontario announced today that it was buying Guidance Software, a forensic security and eDiscovery vendor for $240 million. OpenText agreed to pay Guidance shareholders $7.10 a share. The price will be less Guidance’s cash on hand of approximately $18 million, making the final price just around $222 […]

Google launches new security features to protect users from unverified apps

 Google has been steadily adding new security features for its G Suite users over the course of the last few months, including new anti-phishing tools and OAuth apps whitelisting, as well as an enhanced app review process. Today, it’s adding another layer on top of this with the launch of a new “unverified app” screen […]

Cloud security broker Netskope raises $100m more led by Lightspeed and Accel

 As enterprises continue to move more of their computing to the cloud, and across an ever-expanding range of devices from computers to phones and tablets and more, hackers continue to find ways to break into those systems — resulting an unprecedented number of breaches globally. Now, one of the more prominent security startups fighting this […]

Illumio, a specialist in segmented security, raises $125M at $1b+ valuation

 Another day, another major round of funding for a security startup, underscoring just how active the area of IT protection is right now — both in terms of business need and as an investment opportunity. Today, Illumio — a startup that provides data center and cloud security services, monitoring and protecting individual applications and processes […]

Report: Microsoft to buy security firm Hexadite for $100M as Cloudyn still in progress

 While we wait to get more news on Microsoft closing a reported acquisition of Cloudyn, another report has emerged of one more enterprise startup that the software giant is buying in Israel. Calacalist reported earlier today that Microsoft is paying $100 million to acquire Hexadite, a cybersecurity company that uses AI to sort through and address smaller network attacks — […]

C-Level executives hold CIOs accountable for security breaches

Tools for the CIO and IT Managers to better manage security exposure Recent hacks have place a new emphsis on security risk factors. C-Level executives want to know what risks they face. Many are asking for Risk Scores.  The issue is that existing KPI metrics do not help to address security risk in  a way […]

To stop hackers from invading self-driving cars, Karamba Security raises $12 million

 By 2020, an estimated 75 percent of cars will be internet-connected worldwide, according to estimates from the FBI, Department of Transportation and the National Highway Traffic Safety Administration. That connectivity will allow drivers to tap into life-saving safety features and make self-driving cars a reality. But it also makes vehicles vulnerable to malicious hackers. Read […]

Top 10 Social Network Security Tips

Top 10 tips to improve social networking security 1.       Educate employees  2.       Have employees use different passwords for different system 3.       Mandate strong passwords 4.       Have employees change passwords regularly 5.       Do not share accounts 6.       Implement two factor authentication 7.       Educate employees to NOT open email attachments or go to links where the originator […]

H-1B Visa holders get few security jobs

Median salary for H-1B IT Pros $85,601 versus $87,072 for all IT Pros Few H-1B visas are used for IT security positions. Visas for information security analysts, for instance, made up .3 percent of all H-1B visas issued for IT jobs, with a mean salary of $99,708, according to data from the U.S. Citizenship and […]

Security startup Synack scores $21M investment from Microsoft, HPE and Singtel

 Synack, a startup that combines software security tools with a network of white-hat hackers to help keep its customers secure, announced a $21.25 million Series C funding round today. The round was led by Microsoft Ventures with participation from Hewlett Packard Enterprise and Singtel Innov8. Previous investors GGV Capital, GV (formerly Google Ventures) and Kleiner […]