Cyberinsurance, how cybersecurity startups fail, barbie, and cocaine sharks – ESW #326
This week in the Enterprise Security News: we discuss securing open source, Cyberinsurance, Hackerone Layoffs, and whether or not Sharks have noses!
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- 1. FUNDING: HiddenLayer raises a $32M Venture Round
Well, $31.9M to be exact. Is it a Series A? I don't know. Not surprising, given they won the Innovation Sandbox this year. Hot market also (securing AI).
- 2. FUNDING: Announcing $20M Series A to Secure Open Source Software – Socket
- 3. FUNDING: Converge Insurance Announces $15 Million Series A Funding from Forgepoint Capital
- 4. LAYOFFS: HackerOne Lays off 12% of Staff
LinkedIn says they have over 4000 employees, but I wonder if a lot of those are 'hackers' on the platform? If they actually have 4000 employees, we're talking 500 people let go in this round of layoffs, but I suspect 4000 isn't an accurate number, due to H1's less common business model.
- 5. ESSAYS: SOC2 Suck — A False Sense of Security
The raw truth about SOC2s from GreyNoise's Director of IT.
- 6. ESSAYS: Leading Cybersecurity with a Control vs. Resilience Strategy
- 7. ESSAYS: 12 ways to fail a cybersecurity startup
- 8. CYBERINSURANCE: Coverage Challenges in Ransomware Claims: Cyber Insurance Policies and Trends in Denials
- 9. CYBERINSURANCE: Coverage Challenges in Ransomware Claims: Cyber Insurance Policies and Trends in Denials
- 10. AI TRENDS: Introducing Our AI Policy
- 11. LEGAL: Russia Sends Cybersecurity CEO to Jail for 14 Years – Krebs on Security
Well, it's Russia... but still not a good precedent.
- 12. LEGAL: The Reformed Analyst – The Impact of Legal Action Against CISOs
- 13. LEARNING: Edition 21: A framework to securely use LLMs in companies – Part 1: Overview of Risks
- 14. LEARNING: What’s the difference between Product Security and Application Security?
- 15. SCAMS: Barbie scams #shorts
- 16. SQUIRREL: Cocaine sharks: Marine biologists believe sharks are eating cocaine dumped off Florida’s coast
