BalaBit secures $8m for business-friendly IT security

BalaBit has raised a $8 million Series A round of funding to speed up the development and expansion of its pioneering IT security platforms. The new investment will be used to fuel BalaBit’s international expansion in North America and additional European markets including the UK and Scandinavia. The cash was raised from London based C5 Capital, Europe’s first dedicated investor in the security and data sector.

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Growing number of successful attacks

33% said a malware attack cost on average between £10,000 and £50,000 to remediate, highlighting need for greater threat intelligence when securing IT networks. Check Point has announced the findings of a survey showing that a combination of progressively more sophisticated malware and lack of intelligence about new security threats are key reasons for the growing number of successful malware attacks.

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Cisco survey reveals many British employees take too many risks with wi-fi security

‘Beach to Breach’ study found nearly two thirds of workers do not check the security of a wi-fi network before accessing it, despite 69% being advised of the risk.

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72% of European businesses face a tech deficit

A research report commissioned by Colt Technology Services has identified a tech deficit, which affects almost three quarters (72%) of European businesses. This tech deficit leads to a gap between what businesses need to achieve and what their infrastructure can support. When compared with their European counterparts, UK companies are amongst the most prepared with 64% citing they face a moderate or significant tech deficit. According to the research findings, the best prepared country is...

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Delphix Compliance Engine enhances data security and governance

Delphix has released the Compliance Engine, a new software product that provides enhanced data security and governance capabilities to help companies comply with stringent regulations across a variety of industries.

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Zero Trust Network Access ends VPN attacks and more than two-thirds of organisations are taking...
Data shows dramatic surge in DDoS incidents against e-commerce firms over critical online shopping...
Extending its Fortinet partnership, GTT provides enterprises with more choice and flexibility in...
Technology leaders partner to offer organizations an integrated defensive strategy that provides...
F-Secure Elements is the first cloud-based platform created to empower organizations with fast,...
New Zayo report analyses trends in Distributed Denial of Service attacks from 2023, with new...
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Case Study: @nifty Delivering IT Security to Their Customers with Kaspersky

NIFTY Corporation is one of the leading Telecoms and Internet Service Providers in Japan, supplying high-speed broadband connectivity to more than 1.39 million broadband users. Providing robust security for the many subscribers to its online services is very important because repeated security breaches or loss of service may result in customers suffering damage or losses - and ultimately leaving NIFTY and moving to competitors' services.

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