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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Postquantum cryptography and machine learning research initiatives currently underway in...
One in four UK organisations cite the volume of false positives as being one of the biggest...
New cloud-based console simplifies management of SSL, PKI, certificate discovery, device...
Deutsche Firmen und Einrichtungen rücken immer stärker in den Fokus von Hackern. Das...
Fragmented priorities, total cost of ownership seen as inhibitors of enterprise adoption.
Increase in phishing and ransomware attacks - along with continued high numbers of Web Application...
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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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