THales (Euronext Paris: HO) has made a significant move in the cybersecurity space with the announcement of its agreement to acquire Imperva, a prominent US-based data and application cybersecurity company, for an enterprise value of $3.6 billion. Thales, a global leader in various industries, including defense, aerospace, and digital security, is looking to bolster its … Read more
One in four companies (27%) globally has suffered a data breach that cost USD1–20 million or more in the past three years. However, despite cyberattacks continuing to cost businesses millions of dollars, globally fewer than 40% of executives surveyed say they have fully mitigated cybersecurity risk exposure in a number of critical areas. In India, … Read more
Arctic Wolf, a leader in security operations, announced closing of a convertible notes offering in the aggregate principal amount of $401 million, led by existing investor Owl Rock, a division of Blue Owl Capital, with participation from new and existing investors including Viking Global Investors, the Ontario Teachers’ Pension Plan, and funds advised by Neuberger … Read more
Trellix, the cybersecurity company delivering the future of eXtended Detection and Response (XDR), today released global research revealing the cost of siloed security, weak spots in protection and lack of confidence amongst security operations (SecOps) teams. The study of 9,000 global cybersecurity professionals, including 1000 from India, also looks to the future of security, and … Read more
Cylus, the global leader in rail cybersecurity, announced today the addition of Sandeep Joshi to its advisory board. Joshi brings over 35 years of experience and expertise in mobility, business management, operations, and engineering, particularly in the rail sector, and will bolster Cylus’ continued growth in India and throughout Southern Asia. Joshi served previously as Managing Director at Alstom, where … Read more
Securden, an IT security startup based in Delaware and Chennai, announced on Wednesday that it had raised $10.5 million in a Series A fundraising round headed by Tiger Global. Together Fund, which focuses on software-as-a-service (SaaS), and Accel, a returning investor, also invested in the round. During Securden’s seed round of $1.2 million in July … Read more
Balbix, the leader in cybersecurity posture automation today announced $70 million in Series C funding. This move follows a record growth year for Balbix in revenue and global enterprise adoption, and an expansion of its senior leadership team. Balbix’s oversubscribed Series C round was led by Redline Capital who were joined by new investors, Third … Read more
Zoom Video Communications, Inc. (NASDAQ: ZM) announced that Zoom Meeting Client version 5.6.6 has become the first video communications client to attain certification for Common Criteria Evaluation Assurance Level 2 (v3.1 rev. 5), issued by the German Federal Office for Information Security (BnSI). Common Criteria is an international standard for objectively evaluating that an IT product satisfies a … Read more
CloudSEK, a digital risk management and cybersecurity platform provider based on artificial intelligence (AI), raised $7 million (Rs 50 crores) in a Series A financing headed by MassMutual Ventures on Wednesday. The current round brings the platform’s total funding to $10 million. CloudSEK, founded in 2015 by Rahul Sasi, uses artificial intelligence to forecast cyber-attacks … Read more
