Joshua Burgin’s Post

Organizations are typically snowed under by a blizzard of alerts across their networks, and Upwind Security can reduce these alerts by 90% to focus only on the most important ones. It currently covers cloud security posture management (#CSPM), cloud workload protection platform (#CWPP), cloud detection and response (#CDR), #APIsecurity, #vulnerabilitymanagement, #identitysecurity, and #containersecurity. #cybersecurity #privateequity #venturecapital

🎉 Exciting news — for the ninth consecutive year in a row, #Tanium has been named to Forbes’ 2024 #Cloud100, honoring the top 100 biggest private ☁️ companies in the world! Thanks to Forbes, Bessemer Venture Partners, and Salesforce Ventures for recognizing how Tanium revolutionizes the way security and IT operations teams manage risk and protect endpoints on a single platform. Explore our cloud-based Converged Endpoint Management (XEM) platform — and discover how it provides real-time visibility, control, and remediation: #itmanagement #informationtechnology #cybersecurity #cloudcomputing

What can we learn from CrowdStrike? Large and outdated institutions such as financial services and healthcare must update their technology. Logan Allin spoke with TechCrunch's Maxwell Zeff, about the growing need for cloud observability solutions to ensure external API integrations remain stable. "There are companies in our portfolio, like Middleware , that ensure API integrations between your cybersecurity, your cloud orchestration, and all the moving packets of data within the architecture don’t break,” Allin shared. Read more in the full article ⤵️ https://lnkd.in/g6PkXkDf

Are Healthcare companies slow? Is their technology outdated? #Healthcare companies in fact, are very cautious and want to absolutely stay safe from accidental shutdowns and #ransomware attacks. Three reasons why they can't always turn on a dime 1. American Healthcare companies are behemoths with revenues of $10X Billion. 2. They'd rather 'not' fix what is working. This is owing to their policies and procedures being optimized for Business Continuity, Patient Safety and #Privacy. 3. Tough to believe, sometimes their customers/providers have a weird #regulatory clause that they 'must' adhere to, which prevents nimble movement. These are rather complex, hard lines of dependencies that are not going to go away anytime soon. If your company is targeting the non-domestic market as well, your challenges are multiple times harder. It takes a lot of patience and $$ to be able to innovate and sustain in this industry. -

Did you know that the CrowdStrike outage resulted in a staggering financial loss of over $5 billion for Fortune 500 Companies? This isn't just about lost revenue and profit, but also about various industries grappling with lost productivity and reputational damage. As per CrowdStrike, it was a software bug pushed by the team. But there could be other reasons, as many big companies depend on external APIs as they integrate more AI solutions, which are prone to buggy software updates like this. Well, that's understandable (as we also have such incidents), but the question is how you can prevent such incidents before they damage the end users. In general, it's hard to detect, but observability solutions can prevent these outages and detect these kinds of issues before they happen. Also, you can take a look at how these startups are trying to prevent another CrowdStrike like outage. #observability Middleware Oligo Security Wiz

In the cloud

Google’s biggest deal ever - $23B for Wiz’s tech. Here's why it matters: Wiz, founded in 2020 by Assaf Rappaport, Ami Luttwak, Yinon Costica, and Roy Reznik, has rapidly grown to become a leader in cloud security. The founders, formerly of Adallom, previously sold their company to Microsoft for $320 million. This acquisition marks Alphabet’s largest deal ever, surpassing its $12.5 billion purchase of Motorola Mobility in 2012 and its $5.4 billion acquisition of Mandiant. The deal is a strategic move to bolster Google Cloud's cybersecurity capabilities. Wiz's technology enables comprehensive scanning of cloud environments, identifying vulnerabilities across various layers, including network structures, access permissions, and configuration errors, through a simple API interface. The company’s Annual Recurring Revenue (ARR) hit $100 million within 18 months of launching its products, showcasing its rapid growth and market impact. By 2023, Wiz achieved a sales volume of $350 million, making it the fastest-growing software company globally. Wiz recently raised $1 billion at a $12 billion valuation, emphasizing its robust market position. The company's notable acquisitions include Gem Security and Raftt, further enhancing its cloud application security platform. Alphabet’s acquisition of Wiz is not just about expanding its cybersecurity portfolio. It's a strategic "shot across the bow" at competitors like Microsoft and Amazon, enhancing Google Cloud's attractiveness to corporate and government clients. This deal is set to break records in Israeli high-tech, surpassing Intel’s $15.3 billion purchase of Mobileye. The founders of Wiz are poised to gain $2.3 billion each from this deal, with significant tax contributions to Israel’s economy. Wiz’s platform integrates findings from cloud, application, and software layers, providing a unified view of risks. This comprehensive approach helps security teams prioritize and mitigate complex cloud threats effectively. With over 50% of global workloads still not on the cloud, Alphabet's acquisition of Wiz positions it to capture a significant market share, driving forward its cloud security and deployment capabilities.

🚀 Excited news, IT pros and cybersecurity experts! 🌟 Brace yourselves as cloud security powerhouse Wiz secures a whopping $1 billion in funding, soaring its total to $1.9 billion with a jaw-dropping valuation of $12 billion. 💰💻 🔒 In a world where cyber threats loom large, this sizable investment signals the paramount importance of fortifying our digital defenses. Wiz's breakthrough in cloud security is a beacon of hope amidst the ever-evolving cyber landscape. 📈 Here are some key takeaways and predictions to ponder upon in light of this milestone: - The surge in funding underscores the surging demand for innovative cybersecurity solutions in an era marked by cyber-attacks and data breaches. - With its substantial resources, Wiz is poised to revolutionize the field, setting the stage for cutting-edge technologies and enhanced security protocols. - This significant investment is expected to shake up the tech industry, driving competitors to step up their game and pushing the boundaries of cloud security innovation. - As the digital realm grows increasingly interconnected, the need for robust cybersecurity measures is non-negotiable, making Wiz's advancements all the more pivotal. 🧠 Let's join forces to dissect this pivotal moment in tech history and secure a safer digital future together! 💪 Share your insights and predictions in the comments below. ⬇️ #ainews #automatorsolutions 🔗 Source: [Wiz Raises $1 Billion at $12 Billion Valuation](https://buff.ly/4b4Ursl) via [SecurityWeek](https://buff.ly/2G27L6x) 📰 #CyberSecurityAINews ----- Original Publish Date: 2024-05-07 08:00

In case you missed the news, Tamnoon is making a substantial impact on the industry, raising $12 Million in A-Round funding! We have come a long way since its inception, and looking through the company's journey, we identified highly relevant insights into the importance of managed cloud security and a broader industry trajectory. Customers are reporting immense cost savings when it comes to using Tamnoon's services, and this accounts for in the linked report detailing the following: "With 90% critical cloud threat exposure reduction within the first 90 days of service, while investing just 10% of the resources they would typically need using traditional professional services." I am proud of the Tamnoon team for setting an excellent example of delivering reliable cloud results at an achievable scale. We are hiring several new roles, so if you want to join the Tamnoon team, look at our LinkedIn postings! #CloudSecurity #Innovation #StartupGrowth

🚀 Exciting News! 🚀 We're thrilled to announce that Snyk has partnered with Orca Security to enhance cloud-native application security across the board! 🌐 This partnership empowers organizations to address security risks across the full lifecycle of development, from code to cloud, with unmatched precision. By integrating Snyk's developer-first security platform with Orca's agentless cloud security solutions, we’re providing a holistic approach to securing modern cloud environments. 🔒 Here’s why this matters: ✅ Comprehensive Coverage: Gain visibility into vulnerabilities, misconfigurations, and sensitive data leaks from development through production. ✅ Seamless Developer Experience: Developers can now identify and fix security issues earlier, without compromising speed. ✅ Risk-Based Prioritization: With the combined power of Snyk and Orca, security and development teams can focus on the most critical vulnerabilities first, ensuring faster remediation and reduced risk to cloud environments. 👉 Check out more about our exciting partnership: https://lnkd.in/e5Ft3Xqk #CloudSecurity #DevSecOps #Innovation #Partnership #ApplicationSecurity