Cloud security startup Monad, which offers a platform for extracting and connecting data from various security tools, has launched from stealth with $17 million in Series A funding led by Index Ventures. Monad was founded on the belief that enterprise cybersecurity is a growing data management challenge, as organizations try to understand and interpret the masses […]
Cybersecurity VC funding surges to a record $11.5B in 2021
The pandemic completely upended the threat landscape as we know it. Ransomware accounted for an estimated 2.9 million attacks so far in 2021, and supply-chain attacks that targeted Kaseya and SolarWinds have increased fourfold over 2020, according to the European Union’s cybersecurity agency, ENISA, which recently warned that the more traditional cybersecurity protections are no longer […]
BreachQuest emerges from stealth with $4.4M to modernize incident response
BreachQuest, an early-stage startup with a founding team of cybersecurity experts building a modern incident response platform, has emerged from stealth with $4.4 million in seed funding. The investment was raised from Slow Ventures, Lookout founder Kevin Mahaffey, and Tinder co-founders Sean Rad and Justin Mateen, who described BreachQuest as having a “disruptive vision and […]
Insider hacks to streamline your SOC 3 certification application
If you’re a tech company offering anyone a service, somewhere in your future is a security assessment giving you the seal of approval to manage clients’ data and operate on your devices.
A bug in a medical startup’s website put thousands of COVID-19 test results at risk
A California-based medical startup that provides COVID-19 testing across Los Angeles has pulled down a website it used to allow customers to access their test results after a customer found a vulnerability that allowed access to other people’s personal information. Total Testing Solutions has ten COVID-19 testing sites across Los Angeles, and processes “thousands” of […]
Pearson to pay $1M fine for misleading investors about 2018 data breach
Pearson, a London-based publishing and education giant that provides software to schools and universities has agreed to pay $1 million to settle charges that it misled investors about a 2018 data breach resulting in the theft of millions of student records. The U.S. Securities and Exchange Commission announced the settlement on Monday after the agency found […]
Early-stage benchmarks for young cybersecurity companies
Entrepreneurs require guideposts when building large companies, and customer and revenue expectations can be established by looking at what successful cybersecurity companies have accomplished.
Baffle lands $20M Series B to simplify data-centric encryption
California-based Baffle, a startup that aims to prevent data breaches by keeping data encrypted from production through processing, has raised $20 million in Series B funding. Baffle was founded in 2015 to help thwart the increasing threats to enterprise assets in public and private clouds. Unlike many solutions that only encrypt data in-transit and at-rest, Baffle’s […]
Siga secures $8.1M Series B to prevent cyberattacks on critical infrastructure
Siga OT Solutions, an Israeli cybersecurity startup that helps organizations secure their operations by monitoring the raw electric signals of critical industrial assets, has raised $8.1 million in Series B funding. Siga’s SigaGuard says its technology, used by Israel’s critical water facilities and the New York Power Authority, is unique in that rather than monitoring […]
Checkmarx acquires open source supply chain security startup Dustico
Checkmarx, an Israeli provider of static application security testing (AST), has acquired open-source supply chain security startup Dustico for an undisclosed sum. Founded in 2020, Dustico provides a dynamic source-code analysis platform that employs machine learning to detect malicious attacks and backdoors in software supply chains. The acquisition will see Checkmarx combine its AST capabilities […]