Automated cybersecurity and penetration testing solutions provider Horizon3.ai has pulled in $40 million from a Series C funding round, bringing total investment to $78.5 million, reports SiliconAngle.
Newly raised funds will be allocated by Horizon3.ai toward bolstering its NodeZero security platform, which enables attack surface evaluations and potential modes of compromise without any agents or attack scripts, as well as strengthening its channel and partner presence.
"Every major change to a company's environment applying a patch, deploying new applications, or onboarding new employees means their attack surface has changed. The pentesting frequency should match this change frequency so that for every 'Patch Tuesday,' there's a 'Pentest Wednesday.' This continuous assessment approach needs to become second nature automated in the same fashion as other business processes," said Horizon3.ai Chief Revenue Officer Bob Cariddi.
Significant growth has been reported by Horizon3.ai since its emergence in 2019, with the startup gaining clients from 50 sectors in 25 countries.
SiliconAngle reports that more companies have been conducting purple team cybersecurity threat evaluations, with security penetration testing firm SpecterOps being the latest to create a collaboration between its offensive and defensive cybersecurity teams in testing and defending corporate systems.
SecurityWeek reports that more than $1 million in cash and prizes will be offered by the Zero Day Initiative for its first Pwn2Own Automotive hacking contest that will be held in Tokyo from Jan. 24 to 26, 2024.
The Hacker News reports that advanced threat operations have been leveraging malicious configuration files of the open-source pen-testing tool OpenBullet to facilitate remote access trojan malware attacks against their less sophisticated peers.