Introducing Opollo — A New Chapter In IT Digital Marketing & Branding
Key quote from the press release:
“Opollo is about creating stories and strategies that make IT brands irresistible.” — Steven Morey, director of sales and strategy, Opollo
Fortra Releases New Cloud Email Protection Features
Key quote from the press release:
“We’re delivering email security that is more comprehensive, simpler, and stronger. These new features keep us ahead of emerging email threats that the usual defenses fail to stop.” — Cary Hudgins, managing director Digital Risk and Email Protection Unit, Fortra
CISOs and CIOs Confront Growing Data Protection Challenges in the Era of AI and Cloud
Key quote from the press release:
“One thing stands out: Organizations have very different levels of maturity. A lot of the governance activities are so obvious, you would think everyone is doing them. But they aren’t. Classic difficulties include managing multiple security vendors, leading to gaps in protection. Another is circumstances; one CISO told us how he had experienced five major cyber events in the previous year, prompting a complete overhaul of their cyber response plan.” — Kim Larsen, CISO, Keepit
SonicWall Report Details Exponential Increase in Overall Cyberattacks; Reveals Potential Revenue Risk for Businesses
Key statistics cited in the 2024 SonicWall Mid-Year Cyber Threat Report:
- At least 12.6% of an organization’s annual revenues were at risk to cyber threats
- Sensors detected 125% attack hours – 10 attack hours in an 8-hour workday
- Businesses endured on average 1,104 hours of critical attacks during a span of 880 working hours; protected from a potential of 46 days of downtime
- Malware trended up 30% YoY, including a massive 92% spike in May alone
- Ransomware intensifies in North America (+15%) and explodes in LATAM (+51%)
- IoT attacks (+107%) and encrypted threats (+92%) continue to climb globally
- 83% of customer-received alerts seen by our managed services team are related to cloud apps and compromised credentials
- SonicWall identified 78,923 ‘never-before-seen’ malware variants — 526 a day
Nozomi Networks Delivers World’s First Security Sensor Embedded in Industrial Control Systems
Key quote from the press release:
“Arc Embedded can transform how CISOs manage and protect critical infrastructure, extending security to and through industrial control systems, down to the field assets they manage.” — Andrea Carcano, co-founder and CPO, Nozomi Networks
Radiant Security Experiencing Increased Demand for AI-Powered SOC Analysts
Expanded awareness of AI drives impressive first-year growth as enterprises look to increase analyst productivity and reduce remediation times.
Key quote from the press release:
“For too long, security analysts have been asked to fight evolving threats with outdated technologies and operate at a disadvantage, due to time-consuming tasks and a lack of transparency. Our mission is to turn the SOC on its head, disrupting the tired norms of manual incident investigation using AI-based automation to help SOC analysts respond faster and with more precision.” — Shahar Ben-Hador, CEO and co-founder, Radiant Security
Wiz’s booth at the RSA Conference 2024
Wiz Walks Away from $23B Deal With Google, Will Pursue IPO
Cloud security startup Wiz walked away from a $23 billion deal to be bought by Google in what would have been the search giant’s largest-ever acquisition, according to news reports. The company told employees it would pursue an IPO, as previously planned, CNBC reported.
Key quote from the article:
“Saying no to such humbling offers is tough.” — Assaf Rappaport, co-founder, Wiz (written in a memo to the company’s employees obtained by CNBC)
Fortune 500 Firms to See $5.4B in CrowdStrike Losses, Says Insurer Parametrix
Insurer Parametrix reported that U.S. Fortune 500 companies, excluding Microsoft (Nasdaq: MSFT), will face $5.4 billion in financial losses from the recent CrowdStrike (Nasdaq: CRWD) outage, according to a Reuters article.
Key quote from the article:
“[The outage is likely to be] the biggest accumulation event we ever saw in cyber insurance. This event travelled very fast and was very global.” — Jonatan Hatzor, CEO, Parametrix
Featured image: iStock
Article updated: July 26, 2024
