Wiz is reportedly set to buy centralized cloud threat management vendor Gem Security for $350 million, Bloomberg reported this week. The deal would come just four months after Wiz made its first-ever acquisition, scooping up cloud-based development platform Raftt for as much as $50 million.
The New York-based cloud security phenom is speaking with several investors include Thrive, Lightspeed Venture Partners, G Squared, Sequoia and Cyberstarts in hope of raising roughly $800 million at a valuation of more than $10 billion. The cash infusion would help Wiz finance future acquisitions.
Cloudflare's acquisition of Nefeli Networks aims to streamline multi-cloud networking by offering seamless integration and security across cloud platforms. The move simplifies cloud connectivity by providing a unified platform for businesses to manage their network and security policies efficiently.
Microsegmentation is a fundamental concept in zero trust security, but CISOs should assess its feasibility before diving in. This is particularly true in a public cloud environment where there is no real network policy, said David Holmes, principal research analyst at Forrester.
The Russian intelligence hacking group known as APT29 or Cozy Bear is responding to the corporate migration to the cloud with matching hacking techniques, says an alert from international cyber agencies. Threat intelligence firms warn that APT29 has amplified its global cyberespionage operations.
Global data center provider Zenlayer exposed an internal database accessible on the internet, revealing approximately 384 million records. A spokesperson said no internal or customer operational data, credentials or network traffic was affected.
Fast-growing cloud cybersecurity startup Wiz snagged a former Zscaler executive as its new chief operating officer and president as the company prepares to go public. Wiz announced Monday that Dali Rajic has jumped to the New York-headquartered company.
Cloud providers told the government they aren't very happy about a proposed regulation requiring them to verify the identity of foreign customers, but their complaints are unlikely to stop the U.S. Department of Commerce from proceeding with the rule.
In the latest weekly update, Troy Leach, CSO at Cloud Security Alliance, joins three editors at ISMG to discuss important cybersecurity issues, including how generative AI is enhancing multi-cloud security, AI's influence on authentication processes, and the state of zero trust and IoT security.
Hewlett Packard Enterprise in an after-hours regulatory filing disclosed that suspected Russian state hackers had gained access to corporate email inboxes for more than seven months. A threat group tracked as "Midnight Blizzard" first penetrated HPE's cloud-based email service in May 2023.
Accenture has finalized its acquisition of U.K. tech consultancy firm 6point6, which specializes in cybersecurity, cloud and digital transformation solutions. The acquisition will add 6point6's 400 staffers to Accenture in support of its business in the U.K. market.
Cybersecurity firm SentinelOne is set to acquire PingSafe for an undisclosed sum of cash and stock. The move will integrate PingSafe's cloud-native application protection platform into SentinelOne's Singularity Platform, creating a unified and advanced cloud security solution.
Joe Kim, president and CEO of Sumo Logic, delved into the company's strategic shifts and future priorities after its acquisition by Francisco Partners this year. The company is now focusing on areas such as cloud-native scalability, technological advancements and a customer-centric approach.
Cisco announced plans to acquire another cloud security startup as part of a series of recent acquisitions and investments in the company’s multi-cloud networking capabilities and security offerings, including the major $28 billion acquisition of Splunk.
In the constant struggle to manage the other five pillars - identify, protect, detect, respond and recover - security leaders often do not have governance at top of mind, said Netography CEO Martin Roesch, but he added, "Good governance is the root of having good security."
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