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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Digital transformation pushed to the top of the priority list for central Government.
Acensi, DataPlus, NSEC and SHI partnerships reflect growing demand for identity management from a...
Secureworks has released the findings of its State of Cybercrime Report 2018 to illuminate the...
NordVPN issues seven cybersecurity resolutions for executives and employees to increase security in...
Thycotic has released the findings from its 2018 Black Hat conducted survey of more than 300...
BeyondTrus has released PowerBroker for Mac to address security and compliance concerns among the...
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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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