Palo Alto SOARs into Agreement with Demisto

Infosecurity Magazine | February 19, 2019

A definitive acquisition agreement between Palo Alto Networks and Demisto, announced today, is expected to close during the fiscal third quarter for Palo Alto Networks. The acquisition of Demisto will be finalized for a total purchase price of $560 million, according to a press release. The total purchase, to be paid in cash and stock, is subject to adjustment, and the final deal is contingent upon customary closing conditions, including satisfactory regulatory approvals. Demisto will bring its strength in the security orchestration, automation and response (SOAR) space to Palo Alto Networks’ existing cybersecurity offerings. By adding in the use of AI and machine learning, Palo Alto Networks will be able to automate significant parts of the customer’s security operations. For current Demisto customers and partners, the products will continue to be available after the deal closes.

Spotlight

Did you know that, every 40 seconds, a company is hit by a ransomware attack? Learn more about protecting employees against such attacks - we'll hear from product marketing manager Lorena Crowley and developer advocate Yufeng Guo as they describe malware protection in Gmail, Drive, Chrome Browser, and Chrome OS.

Spotlight

Did you know that, every 40 seconds, a company is hit by a ransomware attack? Learn more about protecting employees against such attacks - we'll hear from product marketing manager Lorena Crowley and developer advocate Yufeng Guo as they describe malware protection in Gmail, Drive, Chrome Browser, and Chrome OS.

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DATA SECURITY, SOFTWARE SECURITY, WEB SECURITY TOOLS

At-Bay Selects Guidewire Cyence to Enhance Cyber Portfolio Accumulation Risk Management and Further Propel Market Growth

At-Bay, Inc. | September 17, 2022

At-Bay, the insurance provider for the digital age, and Guidewire today announced that At-Bay has chosen Guidewire’s cyber risk modeling and analytics product, Cyence, to further bolster its view, and management of, aggregation risk, within its growing cyber insurance portfolio. “Cyber risk aggregation is an important area of risk that every insurer should be actively monitoring and managing within their cyber portfolio. Investing in the right data capabilities, tools, and mechanisms for monitoring and sizing aggregation risk exposure is critical to managing cyber insurance risk in today’s fast changing threat landscape,” said Roman Itskovich, At-Bay’s Chief Risk Officer and Co-Founder. “With At-Bay’s steadfast focus on proactive risk management, Guidewire’s solution will help us to expand our data capabilities and toolkit for proactive risk management, so that we can continue to deliver great loss results,” Itskovich added. By combining world-class technology with industry-leading insurance expertise, At-Bay aims to provide the clarity and confidence that businesses need to address digital risk head on. Founded in 2016, At-Bay protects tens of thousands of business customers from today’s ever growing cyber threat landscape. With its in-house data collection capabilities aimed at addressing attritional risk in the selection, pricing, and active risk management of its portfolio, At-Bay will now expand its focus to aggregated risk exposures. “We selected Guidewire because it has a strong reputation for being one of the top cyber risk vendors, especially for transparency, in-house data collection, and market validation. “By applying Cyence’s advanced risk models and detailed aggregated risk scenarios to our own active risk monitoring capabilities and claims experience, we believe that we will be able to further enhance our underwriting and portfolio risk management decisions, and maintain a strong loss performance as our book grows.” Yoshifumi Yamamoto, Director of Cyber Risk Modeling, At-Bay Commenting on the news, Charles Clarke, Group Vice President, Analytics Sales & Advisory, Guidewire, said, “We admire At-Bay’s use of Cyence to expand its modeling capabilities to account for aggregated risk. We are pleased by their vote of confidence in our cyber capabilities and look forward to infusing data analytics to help At-Bay’s clients meet digital risk head-on.” About At-Bay, Inc. At-Bay is the insurance provider for the digital age. By combining world-class technology with industry-leading insurance expertise, At-Bay was designed from the ground up to empower businesses to thrive in the digital world. At-Bay is backed by Acrew Capital, Glilot Capital, the HSB fund of Munich Re Ventures, Icon Ventures, ION Crossover Partners, Khosla Ventures, Lightspeed Venture Partners, M12, entrepreneur Shlomo Kramer, and Qumra Capital. www.at-bay.com About Guidewire Software Guidewire is the platform P&C insurers trust to engage, innovate, and grow efficiently. ​We combine digital, core, analytics, and AI to deliver our platform as a cloud service. Approximately 520 insurers in 38 countries, from new ventures to the largest and most complex in the world, run on Guidewire.

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DATA SECURITY, ENTERPRISE IDENTITY, ENTERPRISE SECURITY

Salt Security Strengthens Executive Leadership Team as Demand for API Security Accelerates

Salt Security | October 28, 2022

Salt Security, the leading API security company, today announced additions to the leadership team to support growth in employees and customers worldwide. Salt has established two new executive leadership roles, naming Renee Hollinger as Chief People Officer and Amelia Forrest Kaye as Vice President of Customer Success. Both Hollinger and Kaye will play pivotal roles in supporting the company's operations and expanding global customer base. Over the past 12 months, Salt Security has expanded its customer base by more than 300%. New Salt customers include Zoom Communications, Aon, New American Funding, Moneris, Riskified, Open Line NL, and many others. To support this growth, Salt has increased its customer success team six fold, including international representation in Europe, Africa, and Latin America. "Both Renee and Amelia are accomplished leaders within the technology and security industries with deep expertise shepherding human resource functions and growing customer success teams, respectively. "As API security risks continue to rise, having their experience shaping our initiatives will ensure that Salt continues our leadership role in this market we've pioneered. Their contributions will be instrumental in how we take care of our own people and our customers as we grow worldwide." Michael Nicosia, COO and co-founder, Salt Security Hollinger joins Salt with more than 20 years' experience in human resources, having held leadership positions at well-known global brands such as The Gap, Urban Outfitters, Warner Brothers and Levi Strauss. Hollinger also served as Executive Vice President, Global Human Resources, at ironSource, a leading business platform for the app economy. Most recently, Hollinger was Chief Human Resource Officer at Reltio, a software management provider, where she played a key role in expanding the company's global employee footprint. "I am excited to join Salt at such a pivotal time in the API security industry," said Hollinger. "Salt Security provides the most proven and robust API security solution available. I was drawn to the company's culture of trust and integrity, and I look forward to fostering an environment where all our employees can thrive and succeed as we rise to meet growing demand for our market-leading technology." As an experienced global customer success leader with over 15 years' experience in customer and client success, Kaye joins Salt from Tanium, a provider of converged endpoint management, where she led the company's customer engagement function. Prior to Tanium, she held management positions at Deloitte and Reflektive. "I am privileged to join a company that recognizes that phenomenal customer service has become a critical business differentiator," said Kaye. "As our customer base continues to grow, I look forward to working with this talented customer success team to deliver ongoing value and exceed customer expectations in every step of the API security journey." Today's announcement follows a slew of recent strategic initiatives at Salt Security. Most recently, CrowdStrike, a leader in cloud-delivered protection of endpoints, cloud workloads, identity and data, publicly announced its strategic investment in Salt Security via its investment arm, Falcon Fund. Salt has also recently expanded its channel program, making the Salt platform more broadly available to companies around the globe through an increasing network of distributors, channel partners, consultancies, and integrators. On October 26, Salt Security will be hosting its second API Security Summit, featuring conversations with AWS, Google, CrowdStrike, MuleSoft, and other partners, customers, and industry experts. More information about the event and registration can be found here. Salt also introduced its refreshed branding in concert with the API Security Summit. About Salt Security Salt Security protects the APIs that form the core of every modern application. Its patented API Protection Platform is the only API security solution that combines the power of cloud-scale big data and time-tested ML/AI to detect and prevent API attacks. By correlating activities across millions of APIs and users over time, Salt delivers deep context with real-time analysis and continuous insights for API discovery, attack prevention, and shift-left practices. Deployed in minutes and seamlessly integrated within existing systems, the Salt platform gives customers immediate value and protection, so they can innovate with confidence and accelerate their digital transformation initiatives.

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DATA SECURITY, PLATFORM SECURITY, SOFTWARE SECURITY

Apiiro to Sponsor Cloud Native SecurityCon and KubeCon + CloudNativeCon North America

Apiiro | September 12, 2022

Apiiro, the leader in Cloud-Native Application Security, today announced it is a platinum sponsor of Cloud Native SecurityCon, an event designed to foster collaboration, discussion and knowledge sharing of cloud native security projects to address security challenges and opportunities. The in-person event takes place October 24-25, 2022 in Detroit, MI and will showcase breakthrough technology and advances in modern cybersecurity approaches including secure software development and supply chain security. Cloud Native SecurityCon is co-located at KubeCon + CloudNativeCon, the Cloud Native Computing Foundation's flagship conference. Apiiro executives including VP of Security Research Moshe Zioni will be in attendance to discuss how Apiiro is accelerating secure software delivery by addressing critical risks in cloud-native applications. KubeCon attendees can also meet with Apiiro executives to learn more about the code risk platform by visiting booth SU63. About Apiiro Apiiro helps security and development teams proactively remediate risk before releasing to the cloud. Backed by Greylock and Kleiner Perkins.

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