A new report has found that nearly all organizations are unprepared for fifth-generation cybersecurity threats, leaving them exposed to a new wave of malicious actors. The exact figure, 97 percent, comes from the 2018 Security Report from Check Point Software Technologies Ltd. Released today, it polled information technology security professionals worldwide across all industries about modern threats against ...

Salesforce cloud backup startup OwnBackup Ltd. today said it has raised $15.5 million in new financing The round was led by Vertex Ventures and Insight Venture Partners and also included Oryzn Capital, Salesforce Ventures and Innovation Endeavors, the latter the venture capital firm of former Alphabet Inc. Executive Chairman Eric Schmidt. Founded in 2012, OwnBackup offers cloud-to-cloud backup services ...

In a bizarre twist in a constantly changing security environment, a new form of ransomware running wild does not ask victims for a payment but instead forces them to play PlayerUnknown’s Battlegrounds, a battle royale game that first become popular last year. The infection route for the PUBG Ransomware, first revealed in a tweet Monday from ...

Palo Alto Networks Inc.’s acquisition spree is continuing apace. The security platform provider Tuesday picked up Israel-based endpoint protection startup Secdo Ltd. for a figure believed to be $100 million. Founded in 2015, Secdo offers an enterprise incident response platform that promises security teams can investigate and remediate complex threats in minutes. The company’s IR platform ...

Updated with first trading and executive comments: Cloud-based subscription startup Zuora Inc. is the latest technology company to make its first public offering of stock, and it did so with a bang today. The company late Wednesday sold 11 million shares for $14 a share, raising $154 million. That was above the range of $11 to $13 ...

Exposure of files to external sources such as misconfigured cloud storage services is shaping up as a major security issue. That’s according to a new report from Bitglass Inc. leading up to the RSA Conference in San Francisco, which starts April 16. The “Cloud Hard 2018: Security with a Vengeance” report from the cloud access security broker ...

Microsoft Corp. today addressed nearly 70 vulnerabilities in its monthly “Patch Tuesday” release, the most notable one for a so-called privilege vulnerability. The vulnerability, known as CVE-2018-1038, affects Windows 7 for x64-based systems and Windows Server 2008 R2 for x64-based systems. In addition, keeping on trend with the February and March releases, April’s Patch Tuesday includes operating-system-level mitigations ...

Cybersecurity firm Carbon Black Inc. is going public, filing its initial public offering paperwork with the U.S. Securities and Exchange Commission Monday. It’s the latest firm to go the IPO route in what’s shaping up to be a big year for new issues. The company filed for a $100 million offering, but that’s a common ...

While enterprises continue to modernize their current information technology infrastructure, applications and processes, security professionals remain concerned that on-premises tools are not adequately providing security against new cloud-related risks. That’s according to a new report from Sumo Logic Inc. The 2018 Global Security Trends in the Cloud, based on a survey of IT security personnel, found that ...

Widespread adoption of software-as-a-service products is being held back by concerns over cybersecurity, according to a new report from iboss Inc. The “Head in the Clouds: Misconceptions Hindering Enterprise Cloud Adoption” report, based on a survey of information technology decision makers and office employees in U.S. enterprises, found that 94 percent of decision makers had concerns ...