Cloud computing security

AlgoSec Achieves Outperformer Status in GigaOm’s Cloud Network Security Radar Report

Retrieved on: 
Thursday, February 15, 2024
Cloud, Restaurant, POS, ATM, Cloud computing security, Sale, AlgoSec, Infrastructure as code, Security policy, Organization, Automation, Policy, Map, Green, NCR Corporation, Partnership

RIDGEFIELD PARK, N.J., Feb. 15, 2024 (GLOBE NEWSWIRE) -- Global cybersecurity leader AlgoSec has been named a Market Outperformer in GigaOm’s first cloud network security Radar Report, recognizing its position at the forefront of Cloud security innovation.

Key Points: 
  • RIDGEFIELD PARK, N.J., Feb. 15, 2024 (GLOBE NEWSWIRE) -- Global cybersecurity leader AlgoSec has been named a Market Outperformer in GigaOm’s first cloud network security Radar Report, recognizing its position at the forefront of Cloud security innovation.
  • The GigaOm Radar report highlights key cloud network security vendors to equip IT decision-makers with the information they need to select the best fit for their business.
  • In the report, Andrew Green, IT writer and practitioner, acknowledged several of AlgoSec’s distinguishing capabilities including Automation and Security Policy Management: "AlgoSec automates application connectivity and security policy across the hybrid network estate including public cloud, private cloud, containers, and on-premises networks."
  • Comprehensive Solution Suite: "AlgoSec delivers cloud network security solutions via its Firewall Analyzer, FireFlow, and AlgoSec Cloud products.

LightEdge Releases Next-Gen Suite of Cloud Security & Managed Services

Retrieved on: 
Thursday, February 15, 2024
Cloud, Cloud computing security, Security, Risk, EDR, As a service, Recovery as a service, Identity management, Premium, Behavior, Video game

DES MOINES, Iowa, Feb. 15, 2024 /PRNewswire/ -- LightEdge, a leading provider of secure cloud and colocation, has unveiled the next generation of its cloud security and managed services, including restructured Backup-as-a-Service (BaaS) and new LightEdge Cloud Recovery (DRaaS) solutions, as well as a new Endpoint Detection Response (EDR) offering. With new options for comprehensive threat monitoring and alerts, the updated LightEdge Cloud suite offers tailored business continuity services managed by LightEdge's team of cloud engineers.

Key Points: 
  • Cloud Security & Compliance Leader Further Invests in Full Cloud Experience, Enhancing BaaS & DRaaS Offerings and Adding New Security Services
    DES MOINES, Iowa, Feb. 15, 2024 /PRNewswire/ -- LightEdge , a leading provider of secure cloud and colocation, has unveiled the next generation of its cloud security and managed services, including restructured Backup-as-a-Service (BaaS) and new LightEdge Cloud Recovery (DRaaS) solutions, as well as a new Endpoint Detection Response (EDR) offering.
  • With new options for comprehensive threat monitoring and alerts, the updated LightEdge Cloud suite offers tailored business continuity services managed by LightEdge's team of cloud engineers.
  • "Security is the top concern for our clients, particularly as enterprises face more — and more dire —  cybersecurity threats than ever," said Jim Masterson, LightEdge CEO.
  • Suite of Cloud Security Enhancements includes Identity Access Management, Behavioral AI Technologies, and Endpoint Detection Response (EDR).

Cobalt's New Report Uncovers a Big Shift in Cyber Security Strategy

Retrieved on: 
Wednesday, February 14, 2024
Shift, Cloud, Cloud computing security, SAN, Growth, DevOps, Cobalt, Information, Organization, Risk management

SAN FRANCISCO, Feb. 14, 2024 /PRNewswire-PRWeb/ -- Cobalt, the pioneers of Pentest as a Service (PtaaS), empowering businesses to operate fearlessly and innovate securely, has today announced the release of the inaugural OffSec Shift Report. The report highlights the evolving state of cybersecurity risks and uncovers a huge trend towards blended offensive/defensive approaches, and the improved protection being realized by those at the forefront of this shift.

Key Points: 
  • The report highlights the evolving state of cybersecurity risks and uncovers a huge trend towards blended offensive/defensive approaches, and the improved protection being realized by those at the forefront of this shift.
  • Indicating an important shift, 74% agree that defensive measures are not enough and that their company's cybersecurity would be stronger if more budget were allocated towards offensive measures.
  • The Offsec (red team) shift is underway: 84% expect to increase the budget for red team operations in 2024, with an average increase of 33%.
  • The OffSec Shift Report is the first report of its kind.

Datadog Announces Fourth Quarter and Fiscal Year 2023 Financial Results

Retrieved on: 
Tuesday, February 13, 2024
Cloud, Google Cloud, Friction, Marketing, Azure, Cloud computing security, ARR, GAAP, Organization, Observability, AWS Lambda, Tax, Software, Salesforce, AWS, Varni, Partnership

NEW YORK, Feb. 13, 2024 /PRNewswire/ -- Datadog, Inc. (NASDAQ:DDOG), the monitoring and security platform for cloud applications, today announced financial results for its fourth quarter and fiscal year ended December 31, 2023.

Key Points: 
  • Fourth Quarter 2023 Financial Highlights:
    Revenue was $589.6 million, an increase of 26% year-over-year.
  • Fiscal Year 2023 Financial Highlights:
    Revenue was $2.13 billion, an increase of 27% year-over-year.
  • Our non-GAAP net income per diluted share guidance for the fourth quarter 2023 and full year 2023 issued on November 7, 2023 did not reflect an adjustment for an assumed provision for income taxes.
  • First Quarter and Fiscal Year 2024 Outlook:
    Based on information as of today, February 13, 2024, Datadog is providing the following guidance:
    Revenue between $587 million and $591 million.

SolarWinds Announces Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Thursday, February 8, 2024
Software, Networks, Data Analytics, Data Management, Professional Services, Technology, Other Technology, Security, Cloud, Growth, Annual report, ARR, Table, GAAP, Form 10-K, SolarWinds, SWI, Cloud computing security, Investment, Total, IP, AWS, Webcast, Managed services, Service, Video game

SolarWinds Corporation (NYSE: SWI), a leading provider of simple, powerful, secure observability and IT management software, today reported results for its fourth quarter and full year ended December 31, 2023.

Key Points: 
  • SolarWinds Corporation (NYSE: SWI), a leading provider of simple, powerful, secure observability and IT management software, today reported results for its fourth quarter and full year ended December 31, 2023.
  • Total revenue for the fourth quarter of $198.1 million, representing 6% year-over-year growth, and total recurring revenue representing 92% of total revenue.
  • Adjusted EBITDA for the fourth quarter of $87.0 million, representing a margin of 44% of total revenue and 17% year-over-year growth.
  • “We are pleased to finish the year with fourth quarter and full-year revenue and adjusted EBITDA results that exceeded our guidance, while also expanding our margins,” said Sudhakar Ramakrishna, President and Chief Executive Officer of SolarWinds.

Tenable Announces Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Tuesday, February 6, 2024
Cloud, Partnership, Traction, Tenable, Inc., NIDS, GAAP, Computer security, Cloud computing security, Investment, Siemens Energy, Next Generation, Acquisition, IDC, Snowflake, Cryptocurrency

COLUMBIA, Md., Feb. 06, 2024 (GLOBE NEWSWIRE) -- Tenable Holdings, Inc. (“Tenable”) (Nasdaq: TENB), the Exposure Management company, today announced financial results for the quarter and year ended December 31, 2023.

Key Points: 
  • COLUMBIA, Md., Feb. 06, 2024 (GLOBE NEWSWIRE) -- Tenable Holdings, Inc. (“Tenable”) (Nasdaq: TENB), the Exposure Management company, today announced financial results for the quarter and year ended December 31, 2023.
  • GAAP loss from operations was $14.3 million, compared to a loss of $14.1 million in the fourth quarter of 2022.
  • GAAP net loss per share was $0.19 in the fourth quarter of 2023 and in the fourth quarter of 2022.
  • Tenable will host a conference call today, February 6, 2024, at 4:30 p.m. Eastern Time to discuss its financial results.

Binary Defense Appoints OJ Cherry as Chief Sales Officer

Retrieved on: 
Monday, February 5, 2024
Cloud, Sales management, Growth, Knowledge, MDR, Cloud computing security, Defense, OJ, Organization, Management

CLEVELAND, Feb. 5, 2024 /PRNewswire-PRWeb/ -- Binary Defense, the leading Managed Detection and Response ("MDR") and enterprise defense provider, today announced the appointment of OJ Cherry as the company's Chief Sales Officer. In this role, OJ will leverage his extensive industry knowledge to enhance customer value, drive sales strategies and oversee the global sales team. The appointment comes at a time of strong sales and revenue growth for the company, as business demand for managed security operations continues to accelerate amid a surge in new threats.

Key Points: 
  • CLEVELAND, Feb. 5, 2024 /PRNewswire-PRWeb/ -- Binary Defense , the leading Managed Detection and Response ("MDR") and enterprise defense provider, today announced the appointment of OJ Cherry as the company's Chief Sales Officer.
  • In this role, OJ will leverage his extensive industry knowledge to enhance customer value, drive sales strategies and oversee the global sales team.
  • "OJ is an outstanding executive with a deep passion and commitment for helping customers protect their brands through cutting-edge cybersecurity solutions," said Bob Meindl, CEO of Binary Defense.
  • "Binary Defense is a world-class security company with a distinct advantage in early threat detection and response and digital risk protection," said OJ.

Indonesia's Cybersecurity Market Set for Remarkable Growth, Poised to Reach $917.9M by 2028

Retrieved on: 
Monday, February 5, 2024
ECC, Cloud, Application security, Telecom, Workflow, Information, Network security, Internet of things, Penetration test, Government, Advanced persistent threat, Content, SME, Type, SIEM, Application, Cloud computing security, Big data, SOC, Database, Firewall, Mobile security, Deployment, SAMA, Security, Defense, Network, Software, Email, Organization, Finance

Therefore, enterprises are boosting investment to enhance their cybersecurity measures.

Key Points: 
  • Therefore, enterprises are boosting investment to enhance their cybersecurity measures.
  • The strict regulations by the government such as ECC and Cybersecurity Framework by SAMA will also act as a catalyst for the surging growth of the cybersecurity market in Saudi Arabia.
  • Increasing adoption of cybersecurity solutions by SMEs and other enterprise segments is expected to drive market growth.
  • The need to establish secure and trustworthy digital identities is anticipated to remain a top priority for all major business and companies.

Indonesia's Cybersecurity Market Set for Remarkable Growth, Poised to Reach $917.9M by 2028

Retrieved on: 
Monday, February 5, 2024
ECC, Cloud, Application security, Telecom, Workflow, Information, Network security, Internet of things, Penetration test, Government, Advanced persistent threat, Content, SME, Type, SIEM, Application, Cloud computing security, Big data, SOC, Database, Firewall, Mobile security, Deployment, SAMA, Security, Defense, Network, Software, Email, Organization, Finance

Therefore, enterprises are boosting investment to enhance their cybersecurity measures.

Key Points: 
  • Therefore, enterprises are boosting investment to enhance their cybersecurity measures.
  • The strict regulations by the government such as ECC and Cybersecurity Framework by SAMA will also act as a catalyst for the surging growth of the cybersecurity market in Saudi Arabia.
  • Increasing adoption of cybersecurity solutions by SMEs and other enterprise segments is expected to drive market growth.
  • The need to establish secure and trustworthy digital identities is anticipated to remain a top priority for all major business and companies.

CDNetworks Upgrades WAAP Solution with Its Latest AI-Powered Cloud Security 2.0 Platform and Enhanced Adaptive Protection Capabilities

Retrieved on: 
Thursday, February 1, 2024
Cloud, Policy, Intelligence, Chosen-ciphertext attack, Knowledge, AI, Machine learning, Web API security, CDNetworks, Denial-of-service attack, Cloud computing security, Organization, API, Rate limiting, IP, WAF, Architecture, Face, Engineering, Online shopping

SINGAPORE, Jan. 31, 2024 /PRNewswire/ -- CDNetworks, the APAC-leading network to deliver edge as a service, announced today that it has upgraded its WAAP Solution with a newly launched Cloud Security 2.0 Platform. This upgrade enhances the platform's adaptive protection capabilities and usability to meet the needs of today's demanding business requirements for one-stop management while offering protection customized for a myriad of business scenarios. This enables organizations to effectively tackle the increasingly severe web security threats with confidence.

Key Points: 
  • Backed by a Unified Protection Engine, CDNetworks' WAAP solution leverages AI to offer organizations state-of-the-art adaptive WAAP capabilities.
  • Recognizing the shortcomings of rule-based protection when it comes to addressing modern network security needs, CDNetworks' Cloud Security 2.0 platform uses an AI Central Engine as the core for its new platform architecture.
  • The architecture is built to enhance businesses' adaptive protection capabilities through pre-attack business analysis, automatic defense during attacks, and continuous countermeasures.
  • The launch of our Cloud Security 2.0 platform doesn't just symbolize the sum of our past efforts in the field of cloud security.