BlackBerry will split its $418 million cybersecurity business and $206 million IoT business into separate, independently operated entities following a strategic review that lasted five months. The split will help shareholders clearly evaluate the performance and future potential of each business.
Welcome to the report summarizing this industry survey, conducted in Q1 and 2, 2023. It attracted 150 responses
from senior cybersecurity professionals at manufacturing
operations globally.
We benchmark where the pain points are for
defenders and what organizations are doing to overcome these
issues, the extent...
SentinelOne CEO Tomer Weingarten hit back at endpoint security rivals CrowdStrike and Microsoft and rumored M&A suitor Wiz for publicly fanning acquisition flames. The endpoint security firm called Wiz acquisition rumors "a head-scratcher," "far from fact" and "pure speculation on their part."
Malwarebytes laid off at least 100 workers this week and plans to split its consumer and corporate-facing business units into separate companies. The antivirus firm cut also recently axed its chief product officer, chief information officer and chief technology officer.
CrowdStrike CEO George Kurtz said point product companies "are quickly going the way of legacy antivirus" as rivals SentinelOne and BlackBerry reportedly hunt for buyers. The endpoint security market is quickly consolidating from being "littered with dozens of companies" to having several vendors.
In this episode of CyberEd.io's podcast series "Cybersecurity Insights," Alex Waintraub, DFIR expert evangelist at CYGNVS, discusses how generative AI will play a role in the future of incident response - and in all aspects of cybersecurity - and emphasizes its dangers as well as its benefits.
Unnecessary cyber alerts are a threat that can overwhelm defenders, leading to burnout and reduced efficiency within the team. Chris Waynforth, vice president and general manager at Expel, said adopting automation solutions to filter and prioritize alerts allows for more effective incident response.
CrowdStrike has focused on bringing its extended detection and response technology to users with less expensive devices such as Chromebooks by adding support for Google's ChromeOS. The pact will give CrowdStrike clients greater visibility into the security posture and compliance of ChromeOS devices.
Microsoft and CrowdStrike once again dominate Gartner's Magic Quadrant for Endpoint Protection. Cybereason has risen to the leaders quadrant and Trellix has fallen to a niche player. The endpoint protection market has rapidly matured in recent years - 50% of organizations have already adopted EDR.
The aim of AI in EDR solutions is to streamline the process to ensure humans are able to consume and understand the data in order to respond well, says Serge Woon, worldwide tech sales leader and co-founder at ReaQta, part of IBM. In this roundtable preview, he explains why AI is so crucial to EDR.
Trellix will debut a console that offers endpoint, security operations and data protection capabilities and a plug-in for network detection and response. The company has moved FireEye's best-in-class detection engines to the cloud for NDR and examined how to address areas such as packet capture.
Cybereason has gone all-in on helping customers mitigate threats beyond the endpoint to minimize the impact of ongoing SOC staffing challenges, CEO Lior Div says. The company's focus on tracking and following malicious operations sets Cybereason's approach to XDR apart from rivals.
SentinelOne plans to go after more Fortune 500 and Global 2000 organizations as the economic downturn prompts customers to shrink the size of their purchases. Over the past year, the company doubled the number of clients spending at least $100,000 and $1 million with SentinelOne annually.
Cybereason has carried out another round of layoffs, axing 200 workers just days after a report that the endpoint security vendor is pursuing a sale. The company plans to reduce its staff by 17% - or 200 employees - less than five months after laying off 10% of its workforce.
Cybereason has abandoned its IPO plans altogether and hired JPMorgan Chase to find a buyer, The Information reported Friday. Why is Cybereason no longer poised to make it to the IPO Promised Land? An unfavorable competitive environment and a muddled go-to-market strategy provide some clues.
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