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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Latest addition to the Clavister Wolf Series products complements Clavister W3 and Clavister W5...
BeyondTrust has introduced the new Privilege Management SaaS, supporting Windows desktops/servers...
McAfee sees attackers shift from mass-spread campaigns to fewer, more lucrative targets.
World Password Day is an annual reminder of the importance of having a strong password to protect...
Zero-install, cloud-ready WatchGuard Dimension instantly distils ‘oceans of security...
BeyondTrust and Thales provide customers comprehensive security to control passwords, protect...
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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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