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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State of Industrial Cybersecurity report reveals only 21% of organizations achieved full maturity...
DigiCert expands its footprint in India by providing locally-hosted digital trust services,...
McAfee Enterprise says that MVISION Cloud, part of its secure access service edge (SASE) offering -...
In a study encompassing the first half of 2019, Proofpoint researchers analyzed data from more than...
Powerful combination of the AI-native CrowdStrike Falcon XDR platform and the Rubrik Security Cloud...
2022 marks the first year cyber attacks overtake human error as the top cause of data loss.
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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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