Sev1Tech Opens Expanded Facility in Charleston, S.C. with an Eye Toward Growth

CHARLESTON, S.C.–(BUSINESS WIRE)–Sev1Tech, LLC, a leading provider of IT modernization, cybersecurity, and advanced engineering services to both federal and commercial customers, today announced the opening of its expanded Charleston, S.C. facility, which will enable the company to continue delivering mission-critical IT solutions to existing customers while growing its capability...

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Capital One Ventures, Snowflake Ventures, Verizon Ventures, and Wipro Ventures Join Securonix $1B+ Growth Investment as Strategic Investors

ADDISON, Texas–(BUSINESS WIRE)–Securonix, Inc., a leader in Next-Gen SIEM and XDR, today announced that Capital One Ventures, Snowflake Ventures, Verizon Ventures, and Wipro Ventures have joined the previously announced $1B+ growth investment in Securonix led by Vista Equity Partners, a leading global investment firm focused exclusively on enterprise software, data, and technology-enabled...

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Cobalt Iron Earns Patent for Machine-Learning-Driven Authentication Control

LAWRENCE, Kan.–(BUSINESS WIRE)–Cobalt Iron Inc., a leading provider of SaaS-based enterprise data protection, today announced that it has been granted a patent on its technology for machine learning (ML) optimization of authentication control. Issued on April 19, U.S. Patent 11310237 describes new capabilities for Cobalt Iron Compass®, an enterprise SaaS backup platform....

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Acrisure Unveils Cyber Risk Assessment Backed by Coalition

GRAND RAPIDS, Mich.–(BUSINESS WIRE)–Acrisure, a fast-growing fintech leader that operates a top-10 global insurance broker, today announced a partnership with Coalition, a leading global provider of cyber insurance and security. Acrisure’s Cyber Services division will offer the Coalition Risk Assessment, designed to help small and mid-size organizations understand their cyber...

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Cyware Named to Elite 80 List of Hottest Privately-Held Cybersecurity & IT Companies

NEW YORK–(BUSINESS WIRE)–Cyware, the leading provider of the Cyber Fusion Center Platform, today announced it was named in the JMP Securities Elite 80 report on its list of the hottest and most compelling privately-held cybersecurity and IT infrastructure companies. Assembled annually by leading financial services firm JMP Securities, the Elite 80 list is comprised of the...

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11:11 Systems Launches Expanded Managed Security Services

FAIRFIELD, N.J.–(BUSINESS WIRE)–11:11 Systems, (“11:11”), a managed infrastructure solutions provider, today announced the launch of its Managed Security Services portfolio designed to prevent, detect and respond to malicious activities. The FBI reports a 300% surge in reported cybercrimes and a 400% year-over-year increase in phishing attacks* since COVID-19 and the increase...

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The Global Cyber Innovation Summit, the CISO “Invitation-only” Event, Returns in 2022 to Set the Global Agenda for Cybersecurity

BALTIMORE–(BUSINESS WIRE)–The Global Cyber Innovation Summit (GCIS), renowned as the “Davos of Cybersecurity,” returned this year to bring together a preeminent group of leading Global 2000 CISO executives, cyber technology innovators, policy influencers, and members of the cyber investment community to catalyze the industry into creating more effective cyber defenses. The...

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ISG to Publish Reports on Contact Center Services, Platforms

STAMFORD, Conn.–(BUSINESS WIRE)–Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm, has launched research studies examining contact center services and as-a-service platforms that address how providers are responding to new enterprise requirements stemming from the pandemic and other factors. The study results on contact...

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Quantum Physics is said to make hacking impossible

Researchers at the University of Copenhagen’s Department of Mathematical Sciences have developed a new security identification that authenticates whether we are communicating with the right person based on their precise geographical location. Authenticating a user based on their geographical location is called the science of quantum encryption and will help banking customers when a representative from the bank calls them to help change their account on a respective note. The location data of that person is stored in a single quantum bit called...

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How to Use Your Asset Management Software to Reduce Cyber Risks

Source    Have you heard of the Colonial Pipeline incident?    The cyberattack on the company caused widespread panic throughout the United States and disrupted operations for days.    Yes, one lapse on a spam email, one inadequate password, one abandoned account, or a malfunctioning asset can cause havoc.   In fact, in the cybersecurity...

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