Sumo Logic has axed 8% of its workforce less than a month after Francisco Partners paid $1.7 billion to take the data analytics vendor private. The company told California's Economic Development Department on June 7 that it would lay off 79 staff at its Silicon Valley headquarters the following day.
Many enterprises over the past three years jumped from "dipping their toes" into the cloud to being immersed in multi-cloud environments. How has data management changed as companies distribute data across cloud, data centers and on-premises? John Drake and Brian Hoekelman of Faction share insights.
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Despite the beating new publicly traded security companies have taken during the economic downturn, Rubrik is looking to test its luck in the public market. Reuters reported Monday the firm is working with Goldman Sachs, Barclays and Citigroup in preparation for an IPO that could take place in 2024.
In this episode of "Cybersecurity Insights," Rodrigo Liang of SambaNova Systems discusses what he calls "the fastest industrial revolution we've seen." The topic, of course, is generative artificial intelligence, and Liang considers whether businesses should embrace it or hold back.
In this episode of "Cybersecurity Insights," Chen Burshan and Amir Shachar of Skyhawk Security discuss how they integrated generative AI into their threat detection process and significantly increased the speed and lowered the costs of detecting breaches based by focusing on anomalous activity.
IBM has bought a startup founded by a longtime security leader in the Israeli Prime Minister's Office to ensure personal identifiable information isn't left unprotected. The deal will ensure sensitive data isn't exposed in public cloud data stores or SaaS apps like Slack, SharePoint or Office 365.
Artificial intelligence can solve really old problems around data wrangling and data protection that are essential to many security investigations, said Norwest Ventures' Rama Sekhar. The VC firm is looking at emerging companies that use large language models to automatically clean up data.
Generative AI tools such as ChatGPT have created quite a buzz. Cybersecurity defenders are excited about the prospect of simplifying coding but are concerned about security and privacy issues. SentinelOne’s Milad Aslaner said security teams should get to know emerging AI - before the criminals do.
A renaissance around data protection has taken advantage of artificial intelligence and machine learning to boost data classification and governance, said Forcepoint CEO Manny Rivelo. Advances in areas like generative AI allow hackers to form sophisticated attacks that evade defenses like sandboxes.
A cyber risk quantification startup backed by ex-Cisco CEO John Chambers has raised $50 million to apply ML technology and build more API adapters. The money will allow Safe Security to capitalize on generative AI to help nontechnical leaders better understand their organizations' security postures.
Italy's suspension of ChatGPT is part of a "wider campaign in Italy" to regulate the use of AI applications, said attorney Jonathan Armstrong of Cordery Compliance, who added that transparency, usage and the protection of intellectual property are major concerns with the new generative AI tool.
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The launch of Microsoft's Security Copilot may have attracted the most attention in the market since it was developed by the company that brought generative AI chatbots to the masses, but it's neither the first nor the only security product to incorporate OpenAI's ChatGPT into its design.
Netography has added more detection features and data science capabilities to help large enterprises better understand what's on their networks, according to CEO Martin Roesch. The Annapolis, Maryland-based company over the past 12 months has quintupled the amount of data ingested into its system.
The economic downturn has laid bare just how much of a disaster special purpose acquisition companies have been for the cyber industry. Despite this, confidential computing security vendor Hub decided to try its luck with a SPAC. So far, Hub's time on the Nasdaq Stock Exchange hasn't gone well.
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