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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New log streaming capabilities deliver 10x the amount of logs for enhanced monitoring and alerting.
Avast has formed a partnership with one of the world’s largest providers of intelligence for...
Thales’s Gemalto Identity Verification Suite (IDV) minimizes ID fraud risks by verifying document...
Gartner, Inc. has revealed its top predictions for IT organizations and IT users for 2014 and...
Survey of more than 1,000 IT security professionals reveals widespread lack of confidence in access...
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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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