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Vulnerability Management, Data Security, Security Program Controls/Technologies

Survival of the Quickest, Ransomware Victim Paid, Zendesk, & Cyber Insurance Unicorn – ESW #280

In the Enterprise Security News, Cyber insurance joins the Unicorn club, Bishop Fox raises a $75M Series B, A dozen more funding rounds, XM Cyber acquires Cyber Observer, Zendesk gets bought by private equity, 5 more rounds of cybersecurity layoffs, Some very interesting new products - both open source and commercial, Survival of the Quickest, And a ransom victim earning money from its payment??

Full episode and show notes

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Principal Researcher at The Defenders Initiative
  1. 1. FUNDING: Cyber insurance firm Coalition valued at $5 billion after fund raise
    https://www.reuters.com/technology/cyber-insurance-firm-coalition-valued-5-bln-after-fund-raise-2022-07-08/
  2. 2. FUNDING: Carrick Capital Invests $75 Million in Cybersecurity Company Bishop Fox
    https://www.wsj.com/articles/carrick-capital-invests-75-million-in-cybersecurity-company-bishop-fox-11657792800
  3. 3. FUNDING: Swimlane Secures $70M Growth Round to Fuel Global Expansion of Next Generation Low-Code Security Automation Platform
    https://www.businesswire.com/news/home/20220706005017/en/Swimlane-Secures-70M-Growth-Round-to-Fuel-Global-Expansion-of-Next-Generation-Low-Code-Security-Automation-Platform
  4. 4. FUNDING: Cyolo Raises $60 Million in Series B Financing to Meet the Rising Demand for Smarter, Faster and More Reliable Access to Digital Assets
  5. 5. FUNDING: Normalyze Announces $22.2M in Series A Funding to Solve the Biggest Issue in Modern Cloud Security: Data
  6. 6. FUNDING: Opaque System nets $22M to bring collaboration to confidential computing – SiliconANGLE
  7. 7. FUNDING: CloudQuery: Dev-First Cloud Asset Inventory, Congrats on the $15M Series A
  8. 8. FUNDING: Token Announces $13 Million Series B Funding Round and Appointment of New CEO to Disrupt the Authentication Market
    https://www.businesswire.com/news/home/20220629005343/en/Token-Announces-13-Million-Series-B-Funding-Round-and-Appointment-of-New-CEO-to-Disrupt-the-Authentication-Market
  9. 9. FUNDING: Security automation startup Cerby raises $12M to secure non-IT-managed apps
  10. 10. FUNDING: Hacker-led security startup Hadrian raises €10 5M, unsolicited seed round – Hadrian
  11. 11. FUNDING: INSPECTIV CLOSES $8.6M FUNDING ROUND, EXPANDS LEADERSHIP TEAM
  12. 12. FUNDING: IaC Security Leader oak9 Raises $8 Million in Additional Funding
  13. 13. FUNDING: Infrastructure as Code (IaC) Security Leader oak9 Raises $8 Million in Additional Funding
  14. 14. ACQUISITIONS: Seven Months After Acquisition by Schwarz Group, XM Cyber Acquires Cyber Observer
  15. 15. ACQUISITIONS: Zendesk sells to private equity group for $10.2B – TechCrunch
  16. 16. LAYOFFS: Snyk – Announcing organizational updates to better serve our customers
  17. 17. LAYOFFS: Facing Slowing Growth And Worker Discontent, High-Flying Fintech Unicorn Socure Lays Off 13% Of Staff
  18. 18. LAYOFFS: Big layoff at Interos.ai Today
    Interos.ai continues its slide from an exciting unicorn to a complete failure. Today they did a 15% layoff across the organization, including sales. Interos has failed to make any major sales this year and seems destined to go to the scrap pile. #Interos #Layoff
  19. 19. LAYOFFS: Finite State – Columbus Inno – Drive Capital-backed cybersecurity startup cuts jobs amid economic downturn
  20. 20. LAYOFFS: $IRNT Ironnet Reduces Number Of Employees by About 55, Which Represents About 17% Of Total Employees
  21. 21. LAYOFFS: Highflying Cyber Firms Cut Staff After Raising Hundreds of Millions of Dollars
  22. 22. NEW HIRES: CyCognito Appoints Anne Marie Zettlemoyer as Chief Security Officer
  23. 23. NEW PRODUCTS: Introducing 1Password for Visual Studio Code
  24. 24. NEW PRODUCTS: Tensor9 – Use sensitive data without seeing it
  25. 25. NEW PRODUCTS: Amazon launches CodeWhisperer, a GitHub Copilot-like AI pair programming tool – TechCrunch
  26. 26. NEW TOOL: Microsoft open sources Salus software bill of materials (SBOM) generation tool
  27. 27. NEW TOOL: Introducing Splunk Attack Range v2.0
  28. 28. NEW SERVICE: Deloitte launches a new zero-trust access managed service
    https://venturebeat.com/2022/07/11/deloitte-zero-trust-access/#amp_tf=From%20%251%24s&aoh=16577160373805&csi=0&referrer=https%3A%2F%2Fwww.google.com&share=https%3A%2F%2Fventurebeat.com%2F2022%2F07%2F11%2Fdeloitte-zero-trust-access%2F
  29. 29. TRENDS: Python packages upload your AWS keys, env vars, secrets to the web
    Time to play our favorite gameshow, "ACTUAL THREAT OR JUST RESEARCHER"?!?
  30. 30. TRENDS: Sequoia, Adapting to Endure – Page 23, Survival of the Quickest
  31. 31. TRENDS: NIST unveils four algorithms that will underpin new ‘quantum-proof’ cryptography standards
  32. 32. TRENDS: The Cybersecurity Skills Gap is Another Instance of Late-stage Capitalism
  33. 33. STANDARDS: CIS Software Supply Chain Security Guide 1.0
  34. 34. REGULATION: SEC Cybersecurity Proposed Rules
  35. 35. RESEARCH: Here’s how GreyNoise reduces the noise for IPv6 networks.
    https://www.greynoise.io/blog/diving-in-the-ipv6-ocean
  36. 36. SQUIRREL: Maastricht University wound up earning money from its ransom payment
  37. 37. SQUIRREL: BMW owners outraged over $18-a-month charge to use heated seats
    https://nypost.com/2022/07/12/bmw-owners-outraged-over-18-a-month-charge-to-use-heated-seats/?sp_amp_linker=1*1b14tj3*amp_id*cEV5dllJVFRHb01Eblc5WUFsV2tXcENrVDlvWU9laVVaUmx3OVhNZUp1RmhMMVNHUkVpQVFEbnFCM1ktcHBkUg..
Senior Engineering Leader at AWS
VP Traceable.ai, Cyber Angel Investor and Advisor at 90 Degree Ventures

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