NEW YORK / BOSTON (Reuters)- Rapid7, LogRhythm and Mimecast are joining a growing list
of cybersecurity firms planning to go public in 2015 to capitalize on investor interest following a spate of hacker attacks, according to people familiar with the matter.
Friday's cyberattack in more than 150 countries has reminded the world it's important to get the basics of online security right, a chief executive officer
of a cybersecurity firm told CNBC.
Equifax released the new estimate on Monday, a day after Mandiant, the computer forensics division
of the cybersecurity firm FireEye (feye) that Equifax hired, completed its full review of the damage.
Greg Martin, CEO
of the cybersecurity firm JASK, described EternalBlue as «a universal skeleton key.»
But the exposed database combined people's personal information and political inclinations — including proprietary information gathered via predictive modeling tools — to create a detailed profile of nearly 200 million Americans that would be a «gold mine» for anyone looking to target and manipulate voters, said Archie Agarwal, the founder
of the cybersecurity firm ThreatModeler.
Michael T. Flynn, a Trump campaign adviser who went on to be his national security adviser, was paid more than $ 65,000 by companies linked to Russia in 2015, including an American branch
of a cybersecurity firm believed to have connections to Russia's intelligence services, according to congressional investigators.
George Kurtz, CEO
of the cybersecurity firm CrowdStrike, has speculated that the politically isolated nation, which was subjected to sanctions following a 2014 hack of Sony Pictures, may be stockpiling bitcoin to finance future attacks.
Citibank's concerns are supported by findings
of the cybersecurity firm Mandiant that says at least 80 of the 100 biggest firms in the country, by revenue, have been hacked since 2011.
On August 22, 2013, Yahoo News reported that Marc Maiffret, a chief technology officer
of the cybersecurity firm BeyondTrust, is prompting hackers to help raise a $ 10,000 reward for Khalil Shreateh.
James Lerud, head
of cybersecurity firm Verodin's behavioural research unit, told Siliconrepublic.com that consumer vigilance is key.
Over 25 % of bank users and consumers in the UK could have their data exposed on the Dark Web — massive breach of privacy - Emma Mills, Chief Operating Officer
of cybersecurity firm C6, said that financial and personal information of over 11 million consumers and bank users are currently being traded on the dark web.
Not exact matches
Recorded Future, a
cybersecurity firm, published an analysis Tuesday laying out evidence that North Korean hackers — the same group, known as Lazarus, blamed for the infamous hack
of Sony Pictures Entertainment in 2014 — were systematically targeting and plundering South Korean cryptocurrency exchanges.
Cybersecurity firm Check Point Software (chkp) uncovered a malware app called Adylkuzz spreading across the web starting around the same time as the WannaCry ransomware app and using some
of the same stolen - from - the - NSA methods.
Daniel Miessler, advisory services director at the
cybersecurity firm IOActive, has a recommendation that «would cost infinitely less than the dumpster fire
of products we constantly purchase and deploy for millions
of dollars a year,» as he writes on his personal blog: simply hire a couple
of people to maintain a catalog.
SAN MATEO, Calif., April 16, 2018 / PRNewswire / — Trident Capital
Cybersecurity (TCC), a leading venture capital firm investing exclusively in cybersecurity, today announced the appointment of Myrna Soto
Cybersecurity (TCC), a leading venture capital
firm investing exclusively in
cybersecurity, today announced the appointment of Myrna Soto
cybersecurity, today announced the appointment
of Myrna Soto as a Partner.
«Trident
Cybersecurity is an exceptional firm that has created a unique approach to investing in cybersecurity by leveraging the specialized expertise of the team,» sai
Cybersecurity is an exceptional
firm that has created a unique approach to investing in
cybersecurity by leveraging the specialized expertise of the team,» sai
cybersecurity by leveraging the specialized expertise
of the team,» said Myrna Soto.
Timothy Edgar, author
of Beyond Snowden: Privacy, Mass Surveillance and the Struggle to Reform the NSA and a specialist on
cybersecurity at Brown University, said the convenience
of Virtru's software gives it a market advantage currently but that, in general,
firms offering encryption - based security likely have a bright future.
The
firm's principals have been investing in
cybersecurity since 1998 and have made a total
of 35
cybersecurity investments.
The Seattle - based
cybersecurity firm found major security flaws in industrial models sold by Universal Robots, a division
of U.S. technology company Teradyne Inc..
On Tuesday, the
cybersecurity firm made technical details
of the hacks public.
«If they are successful, they could drain the full value
of the company — that's easily in the millions,» said Rich Mason, president and chief security officer
of cybersecurity consulting
firm Critical Infrastructure.
«For example, if I hack into a major law
firm and then realize that this law
firm has direct communication channels with the Fortune 50, then I can leapfrog from this law
firm into all
of those entities,» said Tom Kellermann, chief security officer at
cybersecurity vendor Trend Micro.
The fevered anticipation
of «Pokemon Go» and limited release globally has created opportunities for attackers, a
cybersecurity software
firm said.
Clay Calvert, director
of cybersecurity at IT
firm MetroStar Systems, said communication with employees in a position to turn rogue is key.
Kaspersky Lab, the Russia - based
cybersecurity company known for its Internet security software, was dealt a heavy blow today when the Department
of Homeland Security issued a directive banning the
firm's products from use in the federal government.
Take, for example,
cybersecurity firms Rapid7, LogRhythm, and Mimecast — all
of which plan to go public later this year with valuations exceeding $ 1 billion.
Beyond Sequoia,
cybersecurity firms of late have been seeing marked investor interest.
The alert noted that in a recent SEC Office
of Compliance Inspections and Examinations study
of 75 financial
firms, 5 percent
of broker - dealers and 26 percent
of advisors and investment funds did not conduct periodic risk assessments
of critical systems to uncover vulnerabilities, potential business consequences and other
cybersecurity threats.
Though Check Point was first to call attention to the threat, the honor
of first discovery goes to Qihoo 360, a Chinese
cybersecurity firm.
«When I heard the team [at Tanium] was looking to expand the board, I really went for it in terms
of pursuing it as an opportunity,» said Chadwick, who five years ago joined the board
of F5 Networks (ffiv), a public
cybersecurity firm that provides software to data centers.
Ahern earned an electrical engineering degree from University
of Vermont and with help from an unnamed angel investor who «bet on people heading in the right direction» started a company in 2002 — Industrial Defender, a
cybersecurity firm that protects industrial control systems for the electrical grid, oil and gas, and chemical companies — which Lockheed Martin acquired in 2014.
The details released Friday confirms only some
of the information published weeks ago by Gemini Advisory LLC, a
cybersecurity firm that detected the breach after it noticed an influx
of stolen credit and debit card information for sale.
Nir Polak, CEO
of Exabeam, a
cybersecurity startup that analyzes employees» metadata, says there are two main reasons customers buy his
firm's monitoring product.
She also led the development
of the
firm's crowdsourced real - time cyberthreat intelligence and analytics used to protect critical infrastructure, played a key role in developing McAfee's
cybersecurity policy position, and on several occasions testified before Congress on
cybersecurity technology and policy.
These breach disclosures affirm the wisdom
of New York state implementing its trailblazing
cybersecurity rules for financial services
firms that took effect last March, and which were amended with the SHIELD act in November.
With nearly 2.5 million miles
of oil, gas and chemical pipelines crisscrossing the country, intrusions into control systems could do more than disrupt deliveries, said Andrew R. Lee, a
cybersecurity expert at the law
firm Jones Walker in New Orleans.
The AP did its own triage, dedicating two months and a small team
of reporters to go through a hit list
of Fancy Bear targets provided by the
cybersecurity firm Secureworks.
For the past year, researchers at iSight Partners, a
cybersecurity firm in Dallas, have been tracking a new form
of malware, dubbed ModPOS, that attacks point
of sale, or POS, machines at the kernel.
In a troubling report released this week, global
cybersecurity firm Kaspersky Lab found that, since 2013, there has been an ongoing infiltration
of over 100 banks and financial institutions in 30 different countries.
«The No. 1 thing is to make backups»
of critical files, said Nate Villeneuve, a principle threat intelligence analyst at FireEye, a
cybersecurity firm in Milpitas, California.
The
firm's 2017 edition
of its annual
cybersecurity report entitled «Cybersecurity Report: Chief Security Officers Reveal True Cost of Breaches And The Actions That Organizations Are Taking,» provides insights based on threat intelligence gathered by Cisco's security experts, combined with input from nearly 3,000 Chief Security Officers (CSOs) and other security operations leaders from businesses in
cybersecurity report entitled «
Cybersecurity Report: Chief Security Officers Reveal True Cost of Breaches And The Actions That Organizations Are Taking,» provides insights based on threat intelligence gathered by Cisco's security experts, combined with input from nearly 3,000 Chief Security Officers (CSOs) and other security operations leaders from businesses in
Cybersecurity Report: Chief Security Officers Reveal True Cost
of Breaches And The Actions That Organizations Are Taking,» provides insights based on threat intelligence gathered by Cisco's security experts, combined with input from nearly 3,000 Chief Security Officers (CSOs) and other security operations leaders from businesses in 13 countries.
• Prevoty, a Los Angeles - based autonomous application protection
firm, raised $ 13 million
of Series B funding led by Trident Capital
Cybersecurity and was joined by investors including USVP.
Earlier that year, in July 2015, Splunk completed a $ 190 million acquisition
of Caspida, a
cybersecurity firm that sold user behavior analytics tools, which parse large data sets for patterns and anomalies.
The situation came to light thanks to a tweet by Jackie Stokes, founder
of cybersecurity advisory
firm Spyglass Security.
«We are working with a leading
cybersecurity firm to further evaluate the integrity
of our information systems.»
Cybersecurity experts at the intelligence
firm ThreatConnect also linked Guccifer 2.0 back to Russia and concluded the hacker was the product
of a Russian disinformation campaign.
Before becoming head
of the
cybersecurity and data privacy division at law
firm Mayer Brown, he served as general counsel for the National Security Agency during the most notorious data breach in history: Edward Snowden's exposing
of the agency's surveillance programs.
FireEye learned
of the hacks by examining roughly 400 GB
of corporate data that was leaked when hackers breached the
cybersecurity firm Hacking Team.
Hackers who breached
cybersecurity firm Hacking Team earlier this month exposed a trove
of sensitive emails detailing the inner workings
of the company's clients: Government spy agencies.
Working in fields ranging from digital health and fintech to
cybersecurity, quantum computing and artificial intelligence, an impressive group
of Canadian ventures will showcase their technologies to investors from over 20
firms, including Silicon Valley Bank, Venrock and Mithril Capital Management.