Genus Power and NanoLock Security Partner to Secure Smart Meters and Prevent Utility Cyberattacks and Fraud

prnewswire | October 20, 2020

Genus Power and NanoLock Security Partner to Secure Smart Meters and Prevent Utility Cyberattacks and Fraud
NanoLock Security, the market leader of ironclad protection for smart metering infrastructure, IoT and connected edge devices, today announced a partnership with Genus Power Infrastructures, a global provider and leader of full spectrum smart energy metering solutions, to cooperate on a new cybersecurity solution that protects smart metering infrastructure, manufactured by Genus Power, from cyberattacks, theft, and fraud. The solution also provides a new managed security service for utilities and smart city customers that would reduce their operational costs, especially in remote rural areas through trusted Over-the-Air (OTA) updates, while securing revenue that is often lost due to theft and fraud.

Spotlight

Employees come and go like tourists. Whether due to ignorance, defiance or lack of caring, research reveals that half of departing employees keep confidential corporate data when leaving organizations-and believe it is their right. When critical or sensitive data walks out the door, the organization is at risk of operational, financial and reputational damage. Read the market brief to learn how to protect intellectual property, mitigate risk of data theft and prepare for litigation in the age of knowledge worker churn.

Spotlight

Employees come and go like tourists. Whether due to ignorance, defiance or lack of caring, research reveals that half of departing employees keep confidential corporate data when leaving organizations-and believe it is their right. When critical or sensitive data walks out the door, the organization is at risk of operational, financial and reputational damage. Read the market brief to learn how to protect intellectual property, mitigate risk of data theft and prepare for litigation in the age of knowledge worker churn.

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CISA Releases First of Its Series of Six Cybersecurity Essentials Toolkits

CISA | June 02, 2020

This is a starting point for small businesses and government agencies to understand and address cybersecurity risk as they do other risks, CISA’s toolkits will provide greater detail. Improve cybersecurity practices, the six cyber essentials toolkits will also include a list of actionable items for interested parties to take to reduce cybersecurity risks. Today’s launch highlights the first “Essential Element: Yourself, The Leader” and will be followed each month by a new toolkit. As a follow-up to the November 2019 release of Cyber Essentials, the Cybersecurity and Infrastructure Security Agency (CISA) released the first in a series of six Cyber Essentials Toolkits. This is a starting point for small businesses and government agencies to understand and address cybersecurity risk as they do other risks. CISA’s toolkits will provide greater detail, insight and resources on each of the Cyber Essentials’ six “Essential Elements” of a Culture of Cyber Readiness. Today’s launch highlights the first “Essential Element: Yourself, The Leader” and will be followed each month by a new toolkit to correspond with each of the six “Essential Elements.” Toolkit 1 focuses on the role of leadership in forging a culture of cyber readiness in their organization with an emphasis on strategy and investment. We thank all of our partners in government and the private sector who played an essential role in the development of CISA’s Cyber Essentials Toolkit, said CISA Director Christopher Krebs. “We hope this toolkit, and the ones we are developing, fills gaps and provides executives the tools they need to raise the cybersecurity baseline of their teams and the organizations they lead.” Developed in collaboration with small businesses and state and local governments, Cyber Essentials aims to equip smaller organizations that historically have not been a part of the national dialogue on cybersecurity with basic steps and resources to improve their cybersecurity. Cyber Essentials includes two parts – guiding principles for leaders to develop a culture of security, and specific actions for leaders and their IT professionals to put that culture into action. Read more: MICROSOFT: MASSIVE COVID-19 THEMED PHISHING CAMPAIGN UNDERWAY TO GAIN REMOTE ACCESS We thank all of our partners in government and the private sector who played an essential role in the development of CISA’s Cyber Essentials Toolkit . ~ said CISA Director Christopher Krebs. Each of the six Cyber Essentials includes a list of actionable items anyone can take to reduce cyber risks. These are: Drive cybersecurity strategy, investment, and culture; Develop heightened level of security awareness and vigilance; Protect critical assets and applications; Ensure only those who belong on your digital workplace have access; Make backups and avoid loss of info critical to operations; and Limit damage and restore normal operations quickly. Cyberspace and its underlying infrastructure are vulnerable to a wide range of risk stemming from both physical and cyber threats and hazards. Sophisticated cyber actors and nation-states exploit vulnerabilities to steal information and money and are developing capabilities to disrupt, destroy, or threaten the delivery of essential services. We hope this toolkit, and the ones we are developing, fills gaps and provides executives the tools they need to raise the cybersecurity baseline of their teams and the organizations they lead. This landmark legislation elevates the mission of the former National Protection and Programs Directorate (NPPD) within DHS and establishes the Cybersecurity and Infrastructure Security Agency (CISA). CISA builds the national capacity to defend against cyber attacks and works with the federal government to provide cybersecurity tools, incident response services and assessment capabilities to safeguard the ‘.gov’ networks that support the essential operations of partner departments and agencies. In recognition of the importance of governance in addressing cyber risks, the Cybersecurity and Infrastructure Security Agency's (CISA) Cybersecurity Division and the National Association of State Chief Information Officers (NASCIO) partnered to develop a State Cybersecurity Governance Report and series of State Cybersecurity Governance Case Studies exploring how states govern cybersecurity. The Cyber Essentials Toolkit is a set of modules designed to break down the CISA Cyber Essentials into bite-sized actions for IT and C-suite leadership to work toward full implementation of each Cyber Essential. Each chapter focuses on recommended actions to build cyber readiness into the six interrelated aspects of an organizational culture of cyber readiness. This page will be updated as new Toolkit chapters are published. The report and case studies identify how states have used laws, policies, structures, and processes to help better govern cybersecurity as an enterprise-wide strategic issue across state governments and other public and private sector stakeholders. According to over 1,700 IT service providers, the lack of cybersecurity awareness amongst employees is a leading cause of a successful ransomware attack against an SMB. Read more: COVID-19 PANDEMIC MOVES ORGANIZATIONS TO INCREASE CYBERSECURITY SPENDING

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Backed by Clearlake Capital and TA Associates, Ivanti announces MobileIron to further automate and safe endpoints

prnewswire | September 28, 2020

Ivanti, Inc. , which automates IT and Security Operations to discover, manage, secure and service from cloud to edge, and is backed by affiliates of Clearlake Capital Group, L.P. (together with its affiliates, "Clearlake") and TA Associates, today announced it has signed definitive agreements to acquire MobileIron Inc. ("MobileIron"), a leading provider of mobile-centric unified endpoint management solutions, and Pulse Secure LLC ("Pulse Secure"), a leading provider of secure access and mobile security solutions.

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DATA SECURITY

NightDragon Closes $750M Growth Fund as Part of Next-Generation Cybersecurity, Safety, Security and Privacy Platform

NightDragon | August 02, 2021

NightDragon today announced the close of NightDragon Growth I, a new $750 million venture capital fund to invest in and advise late-stage and growth companies in the cybersecurity, safety, security and privacy industry. The fund will aim to advance the industry and close the gap between offense and defense amidst today's aggressive threat landscape. The NightDragon team is led by Founder and Managing Director Dave DeWalt, a long-time cybersecurity veteran and the former CEO of FireEye, McAfee and Documentum. He is joined by Managing Director Ken Gonzalez and Partner Morgan Kyauk, bringing together decades of experience leading and operating some of cybersecurity and technology's most significant companies. The fund comes at a time when physical and cybersecurity threats are significantly damaging businesses and government organizations around the world. The team plans to use its significant industry expertise, extensive network and government connections to identify the most critical gaps causing these challenges and invest in the companies that can solve them. "NightDragon is committed to investing and advising companies that we believe can help advance the state of security from silicon to satellite," said Dave DeWalt, Founder and Managing Director, NightDragon. "I could not be prouder to announce this NightDragon fund and work alongside this team, our partners and the broader NightDragon Network to support this critical mission." NightDragon Growth I is part of the broader NightDragon Platform, which includes partnerships, people and programs at every stage of the startup journey from incubation to IPO and exit. This includes affiliations with leading incubators, early-stage investment firms, NightDragon Advisory, private equity companies, IPO experts and M&A firms. Partners in this platform include DataTribe, AllegisCyber Capital, Team8, YL Ventures and Momentum Cyber. These partnerships add to a set of programs available exclusively to NightDragon portfolio companies under the NightDragon Network, including ND Talent, ND Government Services and ND Go-to-Market. These programs help give NightDragon companies the edge and expertise to break into new markets, recruit new talent, grow internationally, align with leading technology, service provider and systems integrator partners and more. Partners include Carahsoft, Macnica, Cyber Future Foundation and the Athena Alliance. "At NightDragon, we know that growing a successful company is much more than investing capital. We have assembled a team that has the operational and industry expertise to help our portfolio companies thrive, not only for successful investment outcomes but also to achieve our broader security mission," said Ken Gonzalez, Managing Director, NightDragon. "From widespread ransomware to supply chain attacks, it is clear we need a next generation of cybersecurity, safety, security and privacy companies to secure our digital ecosystem. Having worked with Dave, Ken, Morgan and the rest of the NightDragon team for many years, I have seen first-hand their industry and operational expertise and am confident they can help shape this industry for the better," said Admiral Michael Rogers, former Director of the NSA. "The operational and industry expertise of the NightDragon team has been unparalleled in helping our company grow to new levels of success. We are honored to partner with them as a portfolio company and look forward to seeing their impact increase under this new fund," said Paul Martini, CEO, iboss, a NightDragon portfolio company. "By partnering with NightDragon, we know we are helping our customers align with some of the most innovative companies in the cybersecurity, safety, security and privacy industry. We are proud to be part of the NightDragon Platform and contribute to the mission of better securing our nation's organizations and governments," said Craig P. Abod, President, Carahsoft. About NightDragon NightDragon is an investment and advisory firm focused on growth and late-stage investments within the cybersecurity, safety, security and privacy industries. Its platform and vast industry network provide unparalleled threat insights, deal flow, market leverage and operating expertise to drive portfolio company growth and increase shareholder value. The NightDragon team has more than 25 years of operational and market expertise and was founded by Dave DeWalt and Ken Gonzalez, who served as senior executives leading technology companies such as Documentum, EMC, Siebel Systems (Oracle), McAfee, Mandiant, Avast and FireEye.

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