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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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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Allows companies to maintain ownership and control of encryption keys and enforce data protection...
Least effective security measures are password-protected documents, facial recognition, and access...
Ping Identity’s flexible solutions improve customer experience and help achieve compliance.
48 per cent say beating cyber hacking ‘very important’ if digital transformation is to...
New report looks at why these low-volume attacks are so costly, and how to protect your business...
Acquisition of Balabit enables One Identity to direct future development and create even more...
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The powers of identity and privilege

By combining Okta, the leader in identity access management; SailPoint, the leader in identity governance; and CyberArk, the leader in privileged access security; organizations now have a unified solution to securely manage and govern all users.

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