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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Quiss Technology first IT services provider in UK to gain ISO 27001:2013

Following months of hard work and an intensive audit, leading IT services provider Quiss Technology has achieved ISO 27001:2013 accreditation, the internationally acclaimed standard for information security management accredited by UKAS.

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Purpose-built for large enterprises, the latest evolution of Rapid7’s MDR offering delivers...
New working groups formed to secure adjacent technologies that are critical for end-to-end identity...
Includes new SD-WAN appliance with integrated 5G to accelerate branch transformation and Autonomous...
Egress global insider data breach survey reveals that 78% of IT leaders think employees have put...
According to new Venafi research, two-thirds of organizations have changed cyber strategy in...
Ping Identity has intoduced updates to its multi-factor authentication (MFA) solution, PingID,...
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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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