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The latest buzz on cybersecurity vendors and service providers.
Industry News
3 Cybersecurity Stocks to Watch as Data Breaches Surge
September 27, 2024
With the rise in data breaches, three cybersecurity stocks—Fortinet (FTNT), Check Point Software (CHKP), and SentinelOne (YOU)—are worth watching. Fortinet benefits from its wide range of cybersecurity solutions, while Check Point is known for its…
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TRG Merges Capabilities With Cybersecurity Company Inversion6
September 26, 2024
TRG has merged capabilities with cybersecurity company Inversion6 to enhance its service offerings in cybersecurity. This partnership aims to provide more comprehensive solutions by combining TRG’s technology expertise with Inversion6's specialized cybersecurity services. Together, they…
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OneLayer and World Wide Technology Announce Partnership
September 26, 2024
OneLayer and World Wide Technology (WWT) have announced a strategic partnership aimed at enhancing security for private 5G networks. By combining OneLayer’s specialized security solutions with WWT’s vast technology infrastructure expertise, the collaboration will help…
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Echoworx Expands in DACH: Partnership with ADN Boosts Cloud Encryption
September 25, 2024
Echoworx has expanded its presence in the DACH region through a partnership with ADN to enhance cloud encryption solutions. This collaboration will provide stronger email encryption services, helping businesses in Germany, Austria, and Switzerland meet…
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Commvault to Boost AWS Data Protection With $47M Clumio Buy
September 25, 2024
Commvault has acquired Clumio for $47 million to strengthen its data protection services on AWS. This acquisition is set to enhance Commvault's cloud data protection and disaster recovery capabilities, particularly in managing backup, security, and…
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Acreto Partners With Venderity Capital, Appoints Wes Johnston as Executive Chairman
September 24, 2024
Acreto has partnered with Venderity Capital and appointed Wes Johnston as Executive Chairman. This collaboration aims to enhance Acreto's market strategy and expand its cybersecurity offerings, leveraging Johnston’s leadership and Venderity’s financial backing. The partnership…
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Keeper Security Appoints James Edwards as Senior Director of Engineering
September 20, 2024
Keeper Security has appointed James Edwards as its Senior Director of Engineering. In this role, Edwards will be responsible for leading the company’s engineering initiatives, driving innovation, and strengthening Keeper's cybersecurity solutions. His expertise is…
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Cyber Security Market Size to Reach $478.68 Billion, Globally, by 2030 at 9.5% CAGR: Allied Market Research
September 20, 2024
The global cybersecurity market is projected to reach $478.68 billion by 2030, growing at a compound annual growth rate (CAGR) of 9.5%, according to Allied Market Research. Key factors driving this growth include increasing cyber…
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Opnova Emerges from Stealth with $3.75 Million in Funding to Set a New Standard in IT, Security, and Compliance Operations
September 19, 2024
Opnova has officially launched, introducing an AI-driven platform designed to automate complex IT, security, and compliance workflows. Backed by $3.75 million in pre-seed funding, Opnova aims to reduce the manual workload on operations teams by…
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Mastercard’s Bold Move to Strengthen Global Cyber Defenses with Recorded Future Buyout
September 14, 2024
Cybersecurity today is more than just a necessity—it’s the backbone of the global economy. With cyberattacks growing in both volume and sophistication, organizations are under constant pressure to defend their digital infrastructure. Recognizing the critical…
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ZenGRC and 360 Advanced Form a Strategic Partnership
September 10, 2024
ZenGRC and 360 Advanced have formed a strategic partnership to enhance cybersecurity compliance and risk management solutions. The collaboration aims to combine ZenGRC’s governance, risk, and compliance (GRC) platform with 360 Advanced's expertise in audit…
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Better Cybersecurity Stock: Fortinet vs. Zscaler
September 08, 2024
Fortinet and Zscaler, two cybersecurity leaders, are compared in terms of investment potential. Fortinet excels with its strong firewall solutions and steady revenue growth, while Zscaler stands out for its cloud-based security and leadership in…
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Longstanding Darktrace CEO Poppy Gustafsson to Step Down
September 06, 2024
Poppy Gustafsson, longtime CEO of Darktrace, has announced her decision to step down after leading the cybersecurity company through significant growth and its IPO. Darktrace is now searching for a new leader to continue its…
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Airbus Completes Acquisition of Infodas, Strengthens Cybersecurity Portfolio
September 05, 2024
Airbus has completed its acquisition of INFODAS, a cybersecurity firm, in a move to strengthen its cybersecurity portfolio. This acquisition is part of Airbus' strategy to enhance its capabilities in protecting critical systems and data…
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Celerity Names Craig Aston as CEO to Lead Next Phase of Growth
September 04, 2024
Celerity has appointed Craig Aston as its new CEO to lead the company's next phase of growth. With a strong background in technology leadership, Aston is expected to drive strategic initiatives and expand Celerity's market…
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Norwegian Refugee Council Leverages Okta for Good Cyber Scheme
August 30, 2024
The Norwegian Refugee Council (NRC) is leveraging Okta's "Okta for Good" initiative to bolster its cybersecurity efforts and improve digital identity management for refugees. Through this partnership, NRC aims to enhance data protection and secure…
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CrowdStrike Earnings: Cybersecurity Company Sounds Confident, But Stock Falls
August 28, 2024
CrowdStrike's latest earnings report highlights strong financial performance driven by increased demand for its cybersecurity services. The company reported higher-than-expected revenue growth, reflecting its expanding customer base and successful execution of its business strategy. However,…
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Global Cyber Spend to Rise 15% in 2025, Pushed Along by AI
August 28, 2024
Global cybersecurity spending is forecasted to rise by 15% in 2025, driven largely by the integration of artificial intelligence (AI). AI is becoming essential for improving threat detection, automating responses, and addressing increasingly complex cyberattacks.…
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