A late-stage SASE startup led by a serial entrepreneur hauled in a massive equity investment to address the feature and capability needs of large enterprises. The $238 million in funding will allow Cato Networks to more tightly align CASB and DLP with SASE to safeguard cloud apps and sensitive data.
Zscaler's ability to inspect traffic in-line and secure application-to-application communications has driven massive growth in its data protection business, CEO Jay Chaudhry said. Customers have embraced Zscaler's data protection technology over incumbents such as Symantec as well as CASB tools.
This week's roundup of digital assets-related cybersecurity incidents includes Argentina's investigation into WorldCoin; hackers' exploitation of Libbitcoin; Zunami and RocketSwap; Curve Finance's compensation plans for hack victims; the FBI's $1.7 million forfeiture; and X's crypto scam problem.
The proposed $2.45 billion sale of Forcepoint's government security business to TPG will fuel investment and growth for both public sector and commercial customers, CEO Manny Rivelo said. Forcepoint determined that its government practice would benefit from an additional set of investments.
A surging Palo Alto Networks has joined stalwarts Netskope and Zscaler atop Gartner's security service edge ranking, while Skyhigh Security fell from leader to visionary. Netskope joined Palo Alto as a big winner, catapulting from third to first in both execution ability and completeness of vision.
Zscaler has agreed to purchase a startup established by a former Proofpoint executive to help organizations thwart SaaS supply chain attacks. The proposed acquisition of Tel Aviv, Israel-based Canonic Security will help customers streamline SaaS application governance and enforcement.
Juniper Networks has debuted security service edge capabilities that help clients consistently apply zero trust policies in the cloud regardless of the user or device. Juniper takes the policies customers already use within their network and converts them to cloud-delivered policies with one click.
Netskope has taken on more than $400 million in debt to further develop its SASE platform and expand its go-to-market activities. The convertible notes will allow Netskope to capitalize on being one of the only providers of single-vendor SASE and take advantage of a $36 billion market opportunity.
The security industry has traditionally tried to protect sensitive data by putting control points on endpoints or networks, but Skyhigh Security has taken a different approach. The company applies consistent policies around how data is treated across its ZTNA, SWG and CASB offerings.
In Part 1 of a three part-video series, Andrew Abel, a cybersecurity and zero trust consultant and CyberEdBoard member, and Chase Cunningham, CSO at Ericom Software, share tips on how to create an identity strategy within the broader context of zero trust.
Zscaler has bought out of stealth a startup established by the founders of Lacework to automate security management and dramatically reduce incident resolution time. ShiftRight will give customers real-time visibility into their security posture and help them manage an influx of risks and incidents.
Perennial leaders Fortinet and VMware and a surging Cisco set themselves apart from the pack in SD-WAN, according to the latest Gartner Magic Quadrant. Fortinet and VMware again took the gold and silver in ability to execute, with Cisco leapfrogging both Versa and Palo Alto to capture the bronze.
Revisiting remote workforce security defenses, simplifying cloud access controls and pursuing risk-based vulnerability management and passwordless authentication are among the 10 security projects that all organizations should consider for this year and next, according to advisory firm Gartner.
The need for enhanced business agility and secure remote access to support digital transformation has led to the adoption of the security access service edge, or SASE, model, says Rajpreet Kaur, senior principal analyst at Gartner.
The emerging cloud-delivered service model known as security access service edge, or SASE, is designed to help simplify security for remote access, says Sean Duca of Palo Alto Networks, who explains how the model works.
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