Securing AI, SingTel sells Trustwave, Yubico IPO, Healthcare attacks & CISO Tenure – ESW #336
This week, in the enterprise security news,
- AI dominates new funding rounds (I’m shocked. This is my shocked face.)
- The buyer’s market continues, with lots of small acquisitions
- SingTel sells off Trustwave at a significant loss
- Yubico goes public (actually, a month ago, sorry we missed it)
- Yubico can also now ship pre-registered security keys
- New cybersecurity tools for board and exec-level folks
- Lessons learned from recent ransomware attacks
- Healthcare is increasingly under attack
- A study on CISO tenure - longer than you might think!
- Don’t miss today’s squirrel stories at the end!
All that and more, on this episode of Enterprise Security Weekly.
Announcements
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Hosts
Adrian Sanabria
Director of Product Marketing at Valence Security
- 1. FUNDING: Gutsy launches with huge $51M seed to bring process mining to security
- 2. FUNDING: French cybersecurity startup HarfangLab raises €25M Series A to further its European expansion
- 3. FUNDING: Conveyor raises $12.5M to automate security reviews using LLMs
- 4. FUNDING: Lakera and Deasie raise funding to make AI large language models more reliable – SiliconANGLE
- 5. FUNDING: Lakera launches to protect large language models from malicious prompts
$10M Seed round led by Redalpine
- 6. FUNDING: Cyviation Raises Additional $4M in Funding
- 7. FUNDING: Vera wants to use AI to cull generative models’ worst behaviors
$2.7M Seed round led by Differential Ventures
- 8. ACQUISITIONS: Zyston LLC Announces the Strategic Acquisition of Blue Lava
- 9. ACQUISITIONS: Arctic Wolf acquires cybersecurity automation platform Revelstoke
- 10. ACQUISITIONS: Uno team joins Okta to accelerate Okta Personal
- 11. ACQUISITIONS: SingTel to sell stake in Trustwave for $205 million
After years of rumors of a sale at a big loss (throughout 2021 and 2022), it looks like SingTel is finally selling off a 98% stake in Trustwave for $205m. It acquired the company for $770m in 2015.
- 12. IPOS: Yubico Goes Public
- 13. NEW FEATURES: Passwordless by default: Make the switch to passkeys
- 14. NEW FEATURES: Jupyter AI
- 15. NEW FEATURES: GitHub’s Secret Scanning Feature Now Covers AWS, Microsoft, Google, and Slack
- 16. NEW FEATURES: Yubico can now ship pre-registered security keys to its enterprise users
- 17. NEW TOOLS: A Tool to Help Boards Measure Cyber Resilience
- 18. NEW TOOLS: How Material is That Hack
- 19. STANDARDS: A New Extension of the FAIR Standard: Introducing the FAIR Materiality Assessment Model (FAIR-MAM)
- 20. LESSONS LEARNED: How Vermont’s largest hospital now protects patient info 3 years after ransomware attack
- 21. LESSONS LEARNED: CISA shares vulnerabilities, misconfigs used by ransomware gangs
- 22. BREACHES: Recent Okta Super Admin Breach: Resilience Tips for Users
- 23. REPORTS: 2023 Ponemon Healthcare Cybersecurity Report
I'm not a huge fan of Ponemon's work, as their methodologies are often questionable, but there are two main reasons I'm including this report:
- Ransomware operators repeatedly promised not to hit hospitals. Clearly that was a lie, and yet, the media and some vendors continue to report on cybercriminal statements as if they're factual (e.g. nearly everything you've read about how the MGM attack went down came from the bad guys).
- Attackers have been learning how to scale their attacks. I used to say that there would be a lot more breaches, but that the ratio of attackers to vulnerable companies was small enough that the number of breaches remained limited. I no longer think that's the case.
- 24. ESSAYS: The Evolution of the BISO Role: Challenges and Opportunities
- 25. ESSAYS: The Security Research Product Function
- 26. ESSAYS: Overcoming Security Obstructionism – mattjay
- 27. BOOKS: Securing Our Future: Embracing The Resilience and Brilliance of Black Women in Cyber
- 28. RESEARCH: F500 CISO Tenure
- 29. MEDIA: Security Newsletters: If you build it, they probably won’t come
- 30. SQUIRREL: Blind CEO Approval Rating: The Most Popular CEOs, According to Employees
- 31. SQUIRREL (and a cat): VA hospital’s IT snafu blamed on cat’s keyboard surfing
