In the latest weekly update, four ISMG editors discuss the breach of customer engagement platform Twilio, a cyberattack on the U.K.'s NHS that has reignited concerns about supply chain security in the healthcare sector, and the U.S. Treasury clamping down on shady cryptocurrency mixers.
Enterprises spend a lot of time on what zero trust is, but too little time on design thinking - and why cybersecurity solutions need that element baked in from the start. Brian Barnier and Prachee Kale of ThinkDesignCyber and CyberTheory Institute give an overview of their zero trust strategy.
Cyber insurance can defray costs associated with data breaches and ransomware attacks. But Kelly Butler of the advisory firm Marsh & McLennan Companies says insurers are tightening their requirements for policies due to rising costs associated with increasingly severe incidents.
As CISO of West, a Williston Financial Group company, Bruce Phillips recognizes that cybersecurity is not the enterprise's core business. But what, then, is the right level of cybersecurity to bring to a nonsecurity business? He discusses this and other leadership challenges.
Black Hat 2022 kicks off today with security experts sharing cutting-edge research and insights through demos, technical trainings and hands-on labs. Keynote speaker Chris Krebs will discuss risk trends in cybercrime, geopolitical threats and what they mean for tomorrow's network defenders.
Lacework has used the $1.3 billion raised to strengthen its multi-cloud support, giving customers better visibility across development and production environments. The company is able to identify elusive threats and zero-day vulnerabilities by finding spikes in anomalous activity.
An open architecture, a single pane of glass and robust endpoint security are vital to fueling Trellix's growth in XDR, says Chief Product Officer Aparna Rayasam. Trellix has given customers a unified view into their security posture for configuration, reporting and forensic purposes.
Fortinet has taken advantage of its ASIC chip and network security expertise to drive massive growth in both its SD-WAN and OT security businesses, CEO Ken Xie says. OT devices are difficult to secure on their own, so Fortinet uses its ability to block bad network traffic to keep them secure.
The rise of ransomware brokers and the continued talent shortage mean defenders increasingly need security technology managed on their behalf, Sophos' Kris Hagerman says. Customers must manage all their security products from a single platform and analyze the data these tools generate, he says.
OneTrust has put nearly $1 billion in investment to good use, helping companies address data governance, security assurance, third-party risk and more, Chief Strategy Officer Blake Brannon says. OneTrust has taken on challenges such as monitoring the ethical use of data and verifying compliance.
Combining the back-end data analytics of Google Chronicle with Mandiant's ability to identify signals of abnormal behavior on the front-end is an unbeatable combination, John Watters says. Google agreed in March to purchase threat intelligence and incident response titan Mandiant for $5.4 billion.
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.
Sandy Carielli, principal analyst at Forrester, shares research on the latest bot management trends. Forrester found that while bots affect security, e-commerce, marketing, fraud and other teams, security professionals are still the most common bot management users.
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.
What makes authorized payment scams hard to detect? The speed and volume of transactions hinders banks in monitoring for fraud, but David Lott, payments risk expert with the Federal Reserve Bank of Atlanta, says educating customers and leveraging the right technology can help reduce scams.
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