Endpoint security

Cybereason Secures $100 Million in Funding Led by SoftBank Corp.

Retrieved on: 
Monday, April 3, 2023
LLP, Enterprise, XDR, Telecommunications, EPP, Div, Commercial software, Wickersham, EDR, Goldman Sachs, CNBC, SoftBank Group, Traction, Endpoint security, Ymobile, Prevention, MITRE, ATT&CK, Magic Quadrant, Food delivery, Visibility, Cybereason

BOSTON, April 3, 2023 /PRNewswire-PRWeb/ -- Cybereason, the XDR company, today announced a $100 million investment led by SoftBank Corp. to support the company's global growth and advance its innovation in XDR, EDR, and EPP solutions. In addition, Cybereason announced that Eric Gan will serve as the company's new CEO, subject to confirmation by the company's board and pending customary regulatory approvals, while current CEO and Co-Founder Lior Div will transition to the role of advisor.

Key Points: 
  • Cybereason announces additional funding led by Softbank Corp.
    BOSTON, April 3, 2023 /PRNewswire-PRWeb/ -- Cybereason , the XDR company, today announced a $100 million investment led by SoftBank Corp. to support the company's global growth and advance its innovation in XDR, EDR, and EPP solutions.
  • As an Executive Vice President of SoftBank Corp., Eric Gan has a long history with Cybereason, starting with SoftBank Corp.'s initial investment in Cybereason in 2015.
  • Gan later became an Executive Vice President of SoftBank Corp., where he led its Business Development Unit, which formed alliances with overseas companies.
  • Cadwalader, Wickersham & Taft LLP is representing Cybereason in the financing, and Goodwin Procter LLP is representing Softbank Corp. in the financing.

TPx Expands Relationship with ACA International, Offers Increased Cybersecurity to Membership

Retrieved on: 
Thursday, March 30, 2023
IDR, Information security standards, Education, Security Advisory Services, Gramm–Leach–Bliley Act, Federal Trade Commission, MSP, Organization, Information, ACA, FTC, Endpoint security, ACA International, Credit, Medical device, Risk management

AUSTIN, Texas, March 30, 2023 /PRNewswire-PRWeb/ -- TPx, a leading nationwide managed services provider (MSP) delivering cybersecurity, managed networks and cloud communications, announced today an expanded agreement with ACA International, the Association of Credit and Collection Professionals (ACA), to help ACA and its members strengthen and expand their data security as they prepare for the upcoming Safeguards Rule compliance deadline.

Key Points: 
  • As ACA's Safeguards Rule security partner of choice, TPx will help educate ACA members and others on how to prepare for the Safeguards Rule's requirements.
  • ACA and its members will have access to TPx's broad portfolio of cybersecurity solutions and deep expertise.
  • "TPx is excited to expand the services we provide to ACA and its 1,400 members," said Patti Key, TPx's Chief Revenue Officer.
  • "To limit security risks at ACA International, we're taking additional steps to keep our sensitive information safe," said ACA COO Ted Smith.

Cymulate Releases Findings from Over One Million Security Assessments and 1.7 Million Hours of Testing

Retrieved on: 
Tuesday, March 28, 2023
Software, Technology, Security, Pressure, Emotet, Endpoint, TTP/A, Continuity, CVE, Vulnerability, TAG, Organization, Risk, BAS, Vulnerability management, Endpoint security, News, Medical device, Risk management

The report provides critical insights in global cybersecurity effectiveness, critical findings and top attack tactics, techniques, and procedures (TTPs).

Key Points: 
  • The report provides critical insights in global cybersecurity effectiveness, critical findings and top attack tactics, techniques, and procedures (TTPs).
  • Businesses that used scheduled and full kill-chain testing demonstrated the broadest testing coverage and the most in-depth validation when they added advanced scenario testing to their programs.
  • “Cymulate’s release of findings from over one million security assessments and 1.7 million hours of testing provides valuable insights into common weaknesses and areas for improvement in cybersecurity.
  • This data highlights the need for continuous security testing and risk assessments to stay ahead of emerging threats.”

Absolute Software Named Gold Winner in 2023 Cybersecurity Excellence Awards

Retrieved on: 
Monday, March 20, 2023
Internet, Security, Data Management, Technology, Software, Absolute Software Corporation, Endpoint security, EVP, Organization, TSX, Gold, Endpoint, Information security

Absolute Software ™ (NASDAQ: ABST) (TSX: ABST), the only provider of self-healing, intelligent security solutions, today announced it has been named a gold winner in the 2023 Cybersecurity Excellence Awards, with Absolute Ransomware Response recognized as an industry-leading Endpoint Security product.

Key Points: 
  • Absolute Software ™ (NASDAQ: ABST) (TSX: ABST), the only provider of self-healing, intelligent security solutions, today announced it has been named a gold winner in the 2023 Cybersecurity Excellence Awards, with Absolute Ransomware Response recognized as an industry-leading Endpoint Security product.
  • As the only vendor embedded in more than 600 million devices, Absolute is uniquely positioned to empower organizations to prepare for, respond to, and fully recover from a cyberattack.
  • Absolute Ransomware Response delivers the capabilities needed to assess ransomware preparedness for endpoints, monitor endpoint cyber hygiene across an entire device fleet, and expedite endpoint recovery.
  • To see the full list of 2023 Cybersecurity Excellence Award winners, visit here .

New IDC Spending Guide Forecasts Worldwide Security Investments Will Grow 12.1% in 2023 to $219 Billion

Retrieved on: 
Thursday, March 16, 2023
Software, Mobile, Wireless, Networks, Professional Services, Internet, Hardware, Data Management, Consumer Electronics, Technology, Security, Data Analytics, Consulting, Telecommunications, Spend, Investment, GRC, Privacy, Workforce, US missile defense system in Asia-Pacific Region, International Data Group, Risk, Identity, Digital Trust Center, Organization, HP IT Management Software, Discrete, IDC, Endpoint security, Growth, Discrete manufacturing, Republic, Security (finance), Legislation, Professional services, Managed security service, Cryptocurrency, Video game, Worldwide, Intelligence

Worldwide spending on security solutions and services is forecast to be $219 billion in 2023, an increase of 12.1% compared to 2022, according to the new Worldwide Security Spending Guide from International Data Corporation ( IDC ).

Key Points: 
  • Worldwide spending on security solutions and services is forecast to be $219 billion in 2023, an increase of 12.1% compared to 2022, according to the new Worldwide Security Spending Guide from International Data Corporation ( IDC ).
  • The industries that will deliver the largest investments in security products and services in 2023 are Banking, Discrete Manufacturing, Professional Services, and Federal/Central Government.
  • Combined, these four industries will account for more than a third of all security spending in 2023.
  • The Worldwide Security Spending Guide quantifies the global revenue opportunity for both core and next-generation security purchases with detailed forecast data for security spending by 20 industries across nine regions and 48 countries, and five company size bands.

SentinelOne Announces Fourth Quarter Fiscal Year 2023 Financial Results

Retrieved on: 
Tuesday, March 14, 2023
Software, Technology, Security, CFO, NYSE, SentinelOne, ARR, Endpoint security, Economics, Investment, Magic Quadrant, Growth, Critical, Letter, Cryptocurrency, Video game, Gartner

SentinelOne, Inc. (NYSE: S) today announced financial results for the fourth quarter of fiscal year 2023 ended January 31, 2023.

Key Points: 
  • SentinelOne, Inc. (NYSE: S) today announced financial results for the fourth quarter of fiscal year 2023 ended January 31, 2023.
  • "Evident in our fiscal year 2024 outlook, we expect to deliver compelling top line growth with consistent margin improvement."
  • The letter provides further discussion of our results for the fourth quarter of fiscal year 2023 as well as our full fiscal year 2024 financial outlook.
  • We are providing the following guidance for the first quarter of the fiscal year 2024 (ending April 30, 2023), and for the fiscal year 2024 (ending January 31, 2024).

CrowdStrike Reports Fourth Quarter and Fiscal Year 2023 Financial Results

Retrieved on: 
Tuesday, March 7, 2023
Software, Technology, Security, Cloud, Dell Technologies, SE, Engineering, Acquisition, Intelligence, Thurgood Marshall College Fund, Dell, EDR, CrowdStrike, Partnership, SentinelOne, GAAP, Completeness, MDR, Veteran, DICE, Arkwright, Investment, EPP, ARR, Nextgen, Endpoint security, Organization, Marketing, Data, Cryptocurrency, Video game, Textile, Food delivery, Management, Frost

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 2023, ended January 31, 2023.

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 2023, ended January 31, 2023.
  • Net Income/Loss Attributable to CrowdStrike: GAAP net loss attributable to CrowdStrike was $47.5 million, compared to $42.0 million in the fourth quarter of fiscal 2022.
  • Non-GAAP net income attributable to CrowdStrike was $111.6 million, compared to $70.4 million in the fourth quarter of fiscal 2022.
  • Non-GAAP net income attributable to CrowdStrike per share, diluted, was $0.47, compared to $0.30 in the fourth quarter of fiscal 2022.

SentinelOne Ranks Highest Across All Customer Use Cases in the Gartner® 2022 Critical Capabilities for Endpoint Protection Platforms

Retrieved on: 
Friday, March 3, 2023
Software, Networks, Internet, Artificial Intelligence, Technology, Apps, Applications, IOT (Internet of Things), Security, EDR, Type, Magic Quadrant, Use, Endpoint security, Magic, A type, Research, Publication, NYSE, Singularity, Critical, Organization, Mobile phone, Online shopping, Medical imaging, Gartner, SentinelOne

SentinelOne (NYSE: S), an autonomous cybersecurity platform company, today announced that Gartner has positioned SentinelOne with the highest scores across the Type A, B, and C customer Use Cases in the 2022 Gartner Critical Capabilities for Endpoint Protection Platforms.

Key Points: 
  • SentinelOne (NYSE: S), an autonomous cybersecurity platform company, today announced that Gartner has positioned SentinelOne with the highest scores across the Type A, B, and C customer Use Cases in the 2022 Gartner Critical Capabilities for Endpoint Protection Platforms.
  • We feel the results further emphasize our vision to offer a platform with the broadest level protection on the market.”
    The Critical Capabilities for Endpoint Protection Platforms is part of the analysis conducted for the 2022 Gartner Magic Quadrant™ for Endpoint Protection Platforms and uses the same data collected during that research period.
  • SentinelOne was also positioned by Gartner as a Leader in the 2022 Magic Quadrant for Endpoint Protection Platforms.
  • Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

Fortinet Named a Visionary in the 2022 Gartner® Magic Quadrant™ for Endpoint Protection Platforms

Retrieved on: 
Thursday, March 2, 2023
SOC, Endpoint security, Telemetry, Research, Magic Quadrant, XDR, Intelligence, VPN, Coordinate system, MAGIC, Blog, EDR, Organization, Publication, EPP, Global Outbreak Alert and Response Network, Magic, Fortinet, Theft, Incident, MDR, Behavior, ZTNA, CASB, SASE, MITRE, Medical imaging, Online shopping, Risk management, Gartner

We believe this continued innovation is a primary reason Gartner has recognized Fortinet as a Visionary in the Magic Quadrant for Endpoint Protection Platforms.”

Key Points: 
  • We believe this continued innovation is a primary reason Gartner has recognized Fortinet as a Visionary in the Magic Quadrant for Endpoint Protection Platforms.”
    Fortinet ® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced that it has been named a Visionary in the 2022 Gartner® Magic Quadrant™ for Endpoint Protection Platforms.
  • Moreover, Fortinet delivers a comprehensive work-from-anywhere solution by offering advanced secure connectivity through ZTNA , SASE , and CASB with our behavior-based endpoint protection, detection, and response capabilities.
  • Download the report and read our blog for more information about the 2022 Gartner® Magic Quadrant™ for Endpoint Protection Platforms.
  • Gartner® Magic Quadrant™ for Endpoint Protection Platforms, Chris Silva, Peter Firstbrook, 31 December 2022.

Sophos Named a Leader in 2022 Gartner® Magic Quadrant™ for Endpoint Protection Platforms

Retrieved on: 
Thursday, March 2, 2023
Endpoint security, Telemetry, Research, Magic Quadrant, Intelligence, Organization, Publication, EPP, Magic, MDR, Risk management, Gartner, Sophos

OXFORD, U.K., March 02, 2023 (GLOBE NEWSWIRE) -- Sophos , a global leader in innovating and delivering cybersecurity as a service, today announced that it has once again been named a Leader in the 2022 Gartner® Magic Quadrant™ for Endpoint Protection Platforms (EPP).

Key Points: 
  • OXFORD, U.K., March 02, 2023 (GLOBE NEWSWIRE) -- Sophos , a global leader in innovating and delivering cybersecurity as a service, today announced that it has once again been named a Leader in the 2022 Gartner® Magic Quadrant™ for Endpoint Protection Platforms (EPP).
  • This is the 13th consecutive time that Sophos is positioned as a Leader in the report.
  • Sophos’ leading endpoint solution, Sophos Intercept X , protects more than 300,000 organizations against today’s most advanced cyberthreats with deep learning malware detection, anti-ransomware, anti-exploit, and much more.
  • Advancing its endpoint leadership, Sophos recently introduced new third-party security technology compatibilities with Sophos Managed Detection and Response (MDR), an industry-leading service with more than 15,000 customers .