SIEM

Todyl Raises $50M in Series B Funding

Retrieved on: 
Thursday, March 7, 2024

Todyl, an industry-leading security and networking company, announced today it closed a $50 Million Series B investment round led by Base10 Partners with participation from Anthos Capital, Tech Operators, and StoneMill Ventures.

Key Points: 
  • Todyl, an industry-leading security and networking company, announced today it closed a $50 Million Series B investment round led by Base10 Partners with participation from Anthos Capital, Tech Operators, and StoneMill Ventures.
  • The Series B funding will support Todyl’s mission of revolutionizing cybersecurity with an all-in-one security platform that empowers IT professionals with the tools, insights, and automation needed to defend against ever-changing threats.
  • With the addition of SOAR, Todyl further empowers businesses to execute rapid, automated response actions across endpoints and Microsoft 365.
  • “Todyl has demonstrated that it is becoming a meaningful and serious alternative to some of the incumbents in the space.

Deloitte and Onapsis Form Strategic Alliance to Help Shared Clients Secure SAP S/4HANA Cloud®, RISE with SAP® and Cloud ERP Digital Transformations

Retrieved on: 
Tuesday, March 5, 2024

The alliance combines Deloitte’s SAP cyber risk management capabilities with Onapsis’ market-leading platform focused on securing clients’ ERP systems.

Key Points: 
  • The alliance combines Deloitte’s SAP cyber risk management capabilities with Onapsis’ market-leading platform focused on securing clients’ ERP systems.
  • “We look forward to offering Deloitte and Onapsis’ shared clients a path to adopting SAP’s latest enhanced capabilities such as RISE with SAP and SAP S/4HANA Cloud securely by design,” says Mariano Nunez, CEO and co-founder at Onapsis.
  • The offering will now expand for shared clients to also leverage the Onapsis Assess® platform to establish a secure-by-design framework for SAP implementations.
  • Together, Deloitte and Onapsis can help our clients achieve their ERP transformation goals in a secure and resilient manner,” said Kevin Heckel, Deloitte Risk & Financial Advisory application security solution leader and managing director, Deloitte & Touche LLP.

Deepwatch Unlocks New Capabilities and Increased Flexibility with its Open Security Data Architecture

Retrieved on: 
Tuesday, March 5, 2024

“Deepwatch is providing an open, agnostic approach to cyber resilience, leveraging existing customer investments,” said Charlie Thomas, Deepwatch CEO.

Key Points: 
  • “Deepwatch is providing an open, agnostic approach to cyber resilience, leveraging existing customer investments,” said Charlie Thomas, Deepwatch CEO.
  • Deepwatch will deliver its Open Security Data Architecture (OSDA) through the next generation of the Deepwatch platform with support for Splunk today, Microsoft Sentinel in April 2024, and CrowdStrike shortly after.
  • Microsoft Sentinel support will be the first of many data sources followed by other sources (Endpoints, EDR, SIEMs, XDR, data lakes, and cloud) that Deepwatch will support to unlock new capabilities and increased data flexibility.
  • Learn more about the Deepwatch Open Security Data Architecture and its commitment to protecting enterprises from the latest adversaries.

Hypori Appoints Jerry Raphael as Chief Financial Officer to Accelerate Strategic Growth

Retrieved on: 
Tuesday, March 5, 2024

Hypori , a cybersecurity Software as a Service (SaaS) provider enabling bring-your-own-device (BYOD) capability and zero-trust access to enterprise apps and data through a secure virtual mobile infrastructure, announced today the appointment of Jerry Raphael as Chief Financial Officer.

Key Points: 
  • Hypori , a cybersecurity Software as a Service (SaaS) provider enabling bring-your-own-device (BYOD) capability and zero-trust access to enterprise apps and data through a secure virtual mobile infrastructure, announced today the appointment of Jerry Raphael as Chief Financial Officer.
  • View the full release here: https://www.businesswire.com/news/home/20240305369439/en/
    Jerry Raphael is Hypori's New CFO (Graphic: Business Wire)
    “I’m thrilled to welcome Jerry to the Hypori executive team, given his rich experience growing SaaS and cybersecurity companies” said Hypori President and Chief Executive Officer (CEO) Jared Shepard.
  • Prior to joining Hypori, Raphael most recently served as the Chief Financial Officer of Securonix, where he was focused on rapidly scaling the security information and event management (SIEM) provider’s profitably.
  • “Hypori is primed for growth and I’m thrilled to be joining the team at this pivotal time,” said Raphael.

CrowdStrike Reports Fourth Quarter and Fiscal Year 2024 Financial Results

Retrieved on: 
Tuesday, March 5, 2024

CrowdStrike Holdings, Inc. (Nasdaq: CRWD), a global cybersecurity leader that provides cloud-delivered protection of endpoints, cloud workloads, identity and data, today announced financial results for the fourth quarter and fiscal year 2024, ended January 31, 2024.

Key Points: 
  • CrowdStrike Holdings, Inc. (Nasdaq: CRWD), a global cybersecurity leader that provides cloud-delivered protection of endpoints, cloud workloads, identity and data, today announced financial results for the fourth quarter and fiscal year 2024, ended January 31, 2024.
  • Revenue: Total revenue was $845.3 million, a 33% increase, compared to $637.4 million in the fourth quarter of fiscal 2023.
  • Net Income/Loss Attributable to CrowdStrike: GAAP net income attributable to CrowdStrike was $53.7 million, compared to a loss of $47.5 million in the fourth quarter of fiscal 2023.
  • Non-GAAP net income attributable to CrowdStrike was $236.2 million, compared to $111.6 million in the fourth quarter of fiscal 2023.

Blumira and Beltex Announce Strategic Partnership to Enhance Cybersecurity Insurance Offerings Through MSPs

Retrieved on: 
Wednesday, February 28, 2024

Blumira , a leading provider of security information and event management (SIEM) and extended detection and response (XDR) solutions, and Beltex , a FifthWall Solutions Policy Program, proudly announce their strategic partnership to provide enhanced cybersecurity insurance solutions for small and mid-sized businesses (SMBs).

Key Points: 
  • Blumira , a leading provider of security information and event management (SIEM) and extended detection and response (XDR) solutions, and Beltex , a FifthWall Solutions Policy Program, proudly announce their strategic partnership to provide enhanced cybersecurity insurance solutions for small and mid-sized businesses (SMBs).
  • Despite the increasing prevalence of cyberattacks , only 55% of organizations have cyber insurance, and only 19% have coverage for cyber events beyond $600,000.
  • Blumira and Beltex are partnering to increase cyber insurance adoption and protect SMBs from bad actors.
  • As a preferred Beltex vendor partner, Blumira MSP partners will be able to offer customers, using their SIEM solution, improved coverage and potentially lower cyber insurance rates.

RSM US Deploys Stellar Cyber Open XDR Platform to Secure Clients

Retrieved on: 
Monday, February 26, 2024

Stellar Cyber, the innovator of Open XDR , today announced that RSM US – the leading provider of professional services to the middle market – is leveraging the Stellar Cyber Open XDR platform to unify, expand and control the cybersecurity defenses across its Global MSSP Client Network.

Key Points: 
  • Stellar Cyber, the innovator of Open XDR , today announced that RSM US – the leading provider of professional services to the middle market – is leveraging the Stellar Cyber Open XDR platform to unify, expand and control the cybersecurity defenses across its Global MSSP Client Network.
  • RSM US operates a global managed security operations service, known as RSM Defense, which offers around-the-clock threat detection, response and intelligence services to its clients.
  • RSM Defense integrated Stellar Cyber’s Open XDR platform into the MSSP model’s workflow because it unifies those tools and provides SIEM, NDR, UEBA and TPA tools in one comprehensive platform.
  • “Stellar Cyber is taking a different approach to what’s been offered in the market over the last 15 years,” said Willoughby.

ManageEngine Shortens Breach Life Cycle with Launch of ML-powered Exploit Triad Analytics in Its SIEM Solution

Retrieved on: 
Tuesday, February 20, 2024

ManageEngine , the enterprise IT management division of Zoho Corporation, today announced the release of a unique, ML-powered exploit triad analytics feature in its SIEM solution, Log360 .

Key Points: 
  • ManageEngine , the enterprise IT management division of Zoho Corporation, today announced the release of a unique, ML-powered exploit triad analytics feature in its SIEM solution, Log360 .
  • Now, enterprises can knowledgeably trace the path of adversaries and mitigate breaches by providing complete contextual visibility into the exploit triad: users, entities and processes.
  • The feature update was unveiled at the ManageEngine User Conference at The Ritz-Carlton, Dubai International Financial Centre in the United Arab Emirates.
  • These insidious tactics create a critical challenge: an extended data breach life cycle.

Red Canary Announces Full Coverage of All Major Cloud Providers, Delivering Improved Visibility and Correlated Threat Activity Across Multicloud Environments

Retrieved on: 
Tuesday, March 5, 2024

DENVER, March 5, 2024 /PRNewswire/ -- Red Canary today announced full coverage of its detection and response capabilities to include all major cloud infrastructure and platform services providers, such as Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform (GCP). Red Canary can detect suspicious activity across all major cloud environments and seamlessly correlate that data with other leading cloud security products, enabling enterprises to find and stop threats before they can cause damage. Red Canary's vendor-agnostic approach underpins these new capabilities, providing security teams with actionable threat intelligence and comprehensive visibility from the control plane to containers and workloads.

Key Points: 
  • Red Canary can detect suspicious activity across all major cloud environments and seamlessly correlate that data with other leading cloud security products, enabling enterprises to find and stop threats before they can cause damage.
  • Red Canary's vendor-agnostic approach underpins these new capabilities, providing security teams with actionable threat intelligence and comprehensive visibility from the control plane to containers and workloads.
  • Security teams rely on various tools, but integrating them internally for threat detection and response can be challenging, especially in large organizations with multicloud environments.
  • With Red Canary, organizations can protect their cloud environments, identities, and endpoints, all using a single, intelligence-led security operations platform.

OTAVA Introduces its S.E.C.U.R.E. Framework to Support Organizations' Continuous Security Posture Advancement

Retrieved on: 
Tuesday, March 5, 2024

ANN ARBOR, Mich., March 5, 2024 /PRNewswire/ -- OTAVA®,  global leader in secure and compliant multi-cloud solutions, today unveiled its S.E.C.U.R.E.™ Framework, created to help organizations significantly improve their security posture through evaluation, analysis, and step-by-step actions.

Key Points: 
  • Today's dynamic climate demands a layered approach to security so that, when necessary, businesses can minimize downtime and mitigate potential damage.
  • Framework is a strategic process that delivers isolated and controlled best practices for implementing a strengthened security posture across the entire IT ecosystem.
  • Framework represents an incremental path that leads organizations to an understanding of the areas of vulnerability and guides them on how to fortify their business continuity.
  • OTAVA is certified in HIPAA, HITECH, HITRUST, SSAE18, SOC 1, 2, 3, PCI-DDS, and ISO 27001.