Content by Michael Novinson

Hatem Naguib on Charting Barracuda's New Course Under KKR

Michael Novinson  •  August 8, 2022

President and CEO Hatem Naguib expects Barracuda Networks to pursue more midmarket growth opportunities in both North America and internationally under private equity firm KKR's tutelage. The company will move from Thoma Bravo to KKR's control for a reported $4 billion in a deal announced in April.

James Foster on Taking ZeroFox Public in Hard Economic Times

Michael Novinson  •  August 8, 2022

James Foster has been swimming against the current for months, taking ZeroFox public by merging with a special-purpose acquisition company despite the worsening economic conditions. The Nasdaq Stock Exchange listing makes ZeroFox the first cybersecurity company to go public in all of 2022.

Arctic Wolf's Dan Schiappa on Cloud Security in a Recession

Michael Novinson  •  August 5, 2022

The impending recession should accelerate cloud adoption as firms look to reduce infrastructure costs, but these moves will introduce a new set of security challenges. Arctic Wolf Chief Product Officer Dan Schiappa predicts many companies will start building security into their applications sooner.

Okta's Marc Rogers on Why Beating Ransomware Is a Team Sport

Michael Novinson  •  August 5, 2022

Increased collaboration between the public and private sectors hasn't slowed the increased frequency and ease of ransomware intrusions, but efforts to change the financial incentives of ransomware are having "a pretty good effect," says Marc Rogers, vice president of cybersecurity strategy at Okta.

Talon Cyber Security Raises $100M to Enhance Secure Browser

Michael Novinson  •  August 4, 2022

This year's winner of RSA Conference's prestigious Innovation Sandbox Contest has completed its first major funding round, earning backing from CrowdStrike CEO George Kurtz. Talon has received $100 million to support more operating systems, add more capabilities and boost existing integrations.

Fortinet Looks to Address Rising Costs With Price Increases

Michael Novinson  •  August 3, 2022

Fortinet has raised prices on products and services to address macroeconomic challenges including shipping delays, longer activation timelines and the suspension of sales in Russia. The company says price hikes have more than offset supply chain and geopolitical headwinds in recent months.

Ping Identity to Go Private in $2.8B Thoma Bravo Acquisition

Michael Novinson  •  August 3, 2022

Thoma Bravo is doubling down on identity, inking a deal to buy Ping Identity for $2.8 billion just four months after agreeing to purchase SailPoint. The deals mean that Thoma Bravo will have both Ping's identity and access management and SailPoint's identity governance skill sets under its umbrella.

Netskope Expands Into Cloud Networking With Infiot Purchase

Michael Novinson  •  August 2, 2022

With its acquisition of Infiot, Netskope now carries both the networking and security technology needed to build a Secure Access Service Edge architecture following. The acquisition of Infiot's platform will allow Netskope customers to address both traditional and emerging SD-WAN use cases.

Check Point Execs: Supply Chain Woes Will Persist Into 2023

Michael Novinson  •  August 1, 2022

Continued supply chain costs dampened an otherwise positive Q2 earnings report for Check Point. The company is spending historic amounts on buying raw materials on the open market and shipping those materials to the production line - an expense issue expected to stretch into 2023.

CyberArk, Delinea, One Identity Top Gartner MQ for PAM

Michael Novinson  •  July 29, 2022

CyberArk continues to lead the privileged access management market, Gartner found, but Delinea and One Identity follow closely behind thanks to big-time acquisitions last year. Gartner once again recognized CyberArk for having the most complete vision and strongest execution ability in PAM.

Israeli Security Companies CrowdStrike Could Buy for $2B

Michael Novinson  •  July 28, 2022

The report from Israeli publisher Globes that CrowdStrike plans to spend $2 billion buying one or more Israeli cybersecurity companies sent shockwaves through the industry. Here's a look at six security startups with a large presence in Israel that could be a good fit for CrowdStrike.

Human to Merge with PerimeterX to Thwart Bot Attacks, Fraud

Michael Novinson  •  July 27, 2022

Human and PerimeterX will join forces to prevent fraud and account abuse and address a broader range of use cases. The combination will create a bot mitigation monster with 450 employees, more than $100 million in annual recurring revenue and more than 500 customers across media and e-commerce.

One Identity Snags Ex-LogRhythm CEO Mark Logan as New Leader

Michael Novinson  •  July 26, 2022

One Identity selected ex-LogRhythm CEO Mark Logan as its next leader and tasked him with standing the Quest subsidiary up as a stand-alone entity. The company offers identity governance, privileged access, identity management and Active Directory management solutions thanks to buying OneLogin.

Early-Stage Startups Pump Brakes on Growth as Downturn Looms

Michael Novinson  •  July 25, 2022

Nascent startups have ditched the "growth at all costs" mantra of 2021 to hold onto enough cash to weather the macroeconomic storm expected later this year. Gone are the days of security vendors promising to double annual sales while burning cash even faster than they bring in new business.

Platform Security Firm SonicWall Promotes Sales Guru to CEO

Michael Novinson  •  July 22, 2022

SonicWall promoted its chief revenue officer to CEO, tasking him with accelerating cloud transformation, expanding enterprise coverage and enabling managed service providers. SonicWall credits Bob VanKirk with producing eight consecutive quarters of double-digit top-line and bottom-line growth.