Fortinet, a leading cybersecurity company, has recently announced their membership in the United Nations Global Compact. This new membership underscores Fortinet’s commitment to integrating sustainability and responsible corporate governance practices into their operations and business model.
The United Nations Global Compact is a voluntary initiative that encourages companies to adopt sustainable and socially responsible policies. By joining this compact, Fortinet is aligning itself with the United Nations’ sustainable development goals and committing to upholding principles related to human rights, labor, environment, and anti-corruption.
With this membership, Fortinet aims to strengthen its role in promoting sustainable practices in the cybersecurity industry. By embedding sustainability into their operations and business model, the company is taking steps to minimize their environmental impact, promote diversity and inclusion, and ensure responsible supply chain management.
Palantir, a data analytics company, has recently been awarded a $250 million contract by the U.S. Army for AI/ML research and development services. This contract will enable Palantir to continue their work in advancing artificial intelligence and machine learning technologies for the Army.
Under this contract, Palantir will support the Army in conducting research and experimentation in AI and ML. They will develop advanced capabilities that enhance the Army’s decision-making processes and enable more efficient and effective operations.
Palo Alto, a cybersecurity specialist, has announced the opening of their new UK headquarters amidst reports of potential mergers and acquisitions. This expansion signifies Palo Alto’s commitment to the UK market and their plans to create 485 new job opportunities.
As cyber threats continue to evolve, Palo Alto is dedicated to providing cutting-edge cybersecurity solutions to protect businesses and organizations. Their new UK headquarters will serve as a strategic base for delivering these solutions and expanding their presence in the region.
In other cybersecurity news, SingTel, a Singaporean telecommunications company, has agreed to sell its stake in cyber security business Trustwave for $205 million. SingTel has entered into an agreement with MC2 Titanium, LLC for the sale of their stake in Trustwave.
This strategic move allows SingTel to focus on their core telecommunications business while divesting their stake in the cyber security sector. The sale of Trustwave will provide SingTel with additional resources to invest in other growth areas and strengthen their position in the telecommunications industry.
According to a report from the Wall Street Journal, cybersecurity budgets are continuing to grow, albeit at a slower pace. While the double-digit jumps in cybersecurity spending seen in previous years have tapered off, companies are still prioritizing investments in cybersecurity to protect their digital assets.
The Moody’s 2023 cyber survey reveals that spending on cyber risk has increased significantly and top management is increasingly paying attention to cybersecurity issues. However, the survey also highlights some challenges that companies face, including the implementation of advanced cyber practices, a shortage of cybersecurity talent, and emerging risks associated with generative AI.
Checkly, a provider of monitoring solutions, has been named a Cool Vendor in the 2023 Gartner Cool Vendors in Monitoring and Observability Report. Checkly’s Monitoring as Code (MaC) workflow has been recognized for its innovative approach to monitoring and observability in the IT industry.
Absolute Software, a leader in endpoint management and zero trust networking, has been recognized as a leader in the G2 Fall 2023 Grid Reports. The majority of Absolute’s users rate their products highly, reflecting the company’s commitment to delivering secure and reliable solutions.
CrowdStrike, a leading cybersecurity company, has made significant strides in platform expansion, generative AI features, and cloud security. These developments were announced at CrowdStrike’s annual Fal.Con event, where they showcased their commitment to providing cutting-edge cybersecurity solutions to their clients.
In the rapidly evolving cybersecurity landscape, companies are continuously striving to enhance their security posture. Rapid7, a cybersecurity company, has expanded its Managed Threat Complete offering to include native NGAV (Next-Generation Antivirus) and DFIR (Digital Forensics and Incident Response) capabilities.
Eclypsium, a supply chain security company, has introduced new capabilities to protect network infrastructure from compromise. Their new integrity monitoring and threat detection capabilities aim to safeguard organizations from ransomware and state-sponsored threat actors who exploit network infrastructure devices.
Pax8 and Blackpoint Cyber have partnered to offer MSPs (Managed Service Providers) a 24/7 Managed Detection and Response (MDR) platform. This collaboration combines Pax8’s MDR technology with Blackpoint Cyber’s expertise in responding to malicious events, providing MSPs with comprehensive cybersecurity solutions.
Bitdefender Threat Intelligence leverages multiple data sources to enable organizations to improve their security posture. By delivering contextualized security intelligence, Bitdefender equips businesses with the knowledge and tools needed to make informed cybersecurity decisions.
Exabeam, a leading SIEM (Security Information and Event Management) platform provider, has incorporated generative AI capabilities into their platform. This enhancement enables organizations to proactively detect and respond to security threats, enhancing their overall cybersecurity defenses.
Chubb, an insurance company, has partnered with SentinelOne to enhance cybersecurity for U.S. businesses. This strategic collaboration leverages industry-leading security solutions to help policyholders strengthen their cyber defenses and mitigate emerging threats.
In the rapidly evolving field of information security, new products and solutions are constantly emerging. This week, AlphaSOC, Baffle, Immersive Labs, OneTrust, Panzura, runZero, and SeeMetrics have been featured as the top information security products.
Fortinet has recently launched a new Network Security Expert certification program to foster the development of cybersecurity skills in the market. This revamped program aims to provide professionals with the expertise needed to address the evolving challenges in the cybersecurity industry.
Aviatrix, a secure cloud networking pioneer, has introduced a new specialty training program as part of their Aviatrix Certified Engineer (ACE) Program. This program focuses on multicloud network security, equipping engineers with the skills to secure complex cloud environments.
Entrust, a global leader in implementing Digital Travel Credentials, has successfully implemented several initiatives to facilitate seamless travel and border crossing. With their innovative solutions, Entrust is revolutionizing the travel industry and enhancing the travel experience for individuals worldwide.
Bitdefender, a cybersecurity company, has unveiled a powerful new threat intelligence solution. This offering provides security operation centers, managed security service providers, and technology partners with contextualized security intelligence to drive better cybersecurity decision-making and operational efficiency.
Bitwarden, a password manager, has added Passkey Two-Factor Authentication to their individual free accounts. By offering passwordless 2FA, Bitwarden aims to provide enhanced security and access control to all users, furthering their mission of delivering security for all.
Codasip, a provider of RISC-V processors, has chosen Verilock for secure hardware authentication. Verilock’s patented Entropy Extraction Device (EED) technology enables Codasip to implement robust security functionality in their hardware, ensuring the integrity and authenticity of their products.
Elon Musk’s X, formerly known as Twitter, is reportedly cutting around half of its global team dedicated to limiting disinformation and election fraud on the platform. This decision comes less than a month after Musk promised to expand the election integrity team, raising questions about the company’s commitment to combating disinformation.
Silverfort, a provider of authentication and access control solutions, has open-sourced their lateral movement detection tool known as LATMA. This tool helps organizations identify suspicious movements within their IT environments, enabling proactive detection and response to potential cyber threats.
Noname Security, a cybersecurity company, has released a report revealing that API security incidents are increasing. Despite security professionals’ confidence in their application testing tools, a significant number of organizations have experienced API security incidents, highlighting the need for improved API security measures.
Amazon Web Services (AWS) continues to play a crucial role in deterring threat actors through their threat intelligence capabilities. With a global network of sensors and disruption tools, AWS successfully detects and mitigates hundreds of cyberattacks in their cloud infrastructure every day.
Amazon has developed a threat intelligence tool called MadPot to protect customers from cybercrime. MadPot helps Amazon curb cybercrime by simulating vulnerable services and capturing information about potential threat actors, enabling proactive defense measures.
Visa has introduced changes to its dispute rules and processes to combat friendly fraud losses for small businesses globally. These changes provide small businesses with more tools to fight fraud and are expected to save them over $1 billion globally over the next five years.
HUB Cyber Security (HUBC) has appointed Noah Hershcoviz as Chief Strategy Officer and a member of the company’s Board of Directors. This strategic appointment strengthens HUBC’s leadership team and positions the company for continued growth and innovation in the cybersecurity industry.
eSaviynt, a provider of converged identity platform solutions, has expanded its leadership team in marketing, cloud platform innovation, and security. These appointments bolster eSaviynt’s global go-to-market strengths and enable the company to better serve its customers and drive innovation in the industry.
Saviynt has appointed Jim Routh, a renowned security industry leader, as their Chief Trust Officer. With his extensive experience in cybersecurity, Routh will contribute to the rapid adoption of Saviynt’s converged identity platform, helping organizations strengthen their security posture.
Endor Labs, a provider of predictive analytics solutions, has announced the appointment of a new Chief Security Advisor. This addition to their team reflects Endor Labs’ commitment to prioritizing security in the development and deployment of their open-source software solutions.
Optiv, a cyber advisory and solutions leader, has appointed two executives to drive continued growth and innovation. These strategic appointments will support Optiv’s financial goals and enable the company to advance their innovative approaches to cybersecurity.
NetSPI, a global leader in offensive security, has appointed Niloo Razi Howe to its Board of Directors. Howe’s extensive experience in the cybersecurity industry will contribute to NetSPI’s strategic initiatives and further strengthen the company’s position in the market.
CrowdStrike, a leading cybersecurity company, has hired Lucy Evans, a former Blackberry executive, as their channel and distribution strategy lead. With her expertise in partner relationships and distribution strategies, Evans will play a key role in driving CrowdStrike’s growth and expanding their channel operations.
VulnCheck, a provider of vulnerability, threat, and exploit intelligence, has expanded its executive leadership team. Former leaders from [redacted], Rapid7, Finite State, and runZero have joined VulnCheck, bringing decades of experience in cybersecurity to further accelerate the company’s growth and meet increasing demand in the market.