Two SIEM stalwarts completed a merger Wednesday that their CEO said will bring industry-leading capabilities to customers on-premises and in the cloud. LogRhythm and Exabeam will standardize on the latter's New-Scale cloud SIEM given the market traction it has enjoyed since its October 2022 debut.
Banks lose tens of billions of dollars every year to credit card fraud, bad checks and intentional loan defaults, but the main culprits are not third-party scammers. Most of these crimes are being committed by the bank's customers, making detection and prevention a formidable challenge.
While AI has spurred the growth of authentication controls, it has also enabled voice cloning and video deepfakes to become much more convincing. Fraud fighters are looking at adopting a multifactor authentication system using multimodal biometrics to fight against deepfakes.
Stu Sjouwerman, CEO, KnowBe4, and Tony Pepper, CEO, Egress, discuss KnowBe4's recent acquisition of Egress, how the integration enables advanced threat detection, evolving cybersecurity challenges, such as behavioral-based attacks, and future road map.
Permira has acquired a majority stake in BioCatch at a $1.3 billion valuation, solidifying the company's global expansion plans. The behavioral biometrics company is exploring mergers and acquisitions, aiming to expand into key markets while consolidating its position in online fraud detection.
Despite advances in endpoint security, Sergei Rousakov, chief security architect at LinkedIn, said the landscape remains complex. He said endpoint tools need to take a more integrated approach that includes identity and device context to truly protect against cybersecurity threats.
Splunk has executed its second round of layoffs since February, axing 7% of its workforce weeks after Cisco announced plans for a $28 billion acquisition. Splunk will reduce its 8,000-person staff by 7% or approximately 560 positions. Most of the jobs being cut are in the United States.
Two cybersecurity vendors are laying off a sizable chunk of their staff, with Exabeam axing 20% of its workforce and F-Secure cutting up to 70 employees. Exabeam eliminated roughly 134 positions this week, while F-Secure wants to shrink its workforce by nearly 14%.
Malicious insiders and compromised credentials are threats that often go undetected by traditional security tools. User and entity behavior analytics (UEBA) analyzes behavior in organizations’ environments to set a baseline for normal and detect anomalies that indicate real threats in need of investigating.
This...
As organizations continue to rely on digital technologies to store and share sensitive information, the threat of data loss has become a major concern. Traditional Data Loss Protection (DLP) solutions can be effective at fingerprinting and identifying sensitive information, but they often lack the context required to...
A mature cybersecurity program is not necessarily an effective one. And while many companies conflate maturity with efficacy, the CISO knows that when it comes to information security, there is a significant difference between the two.
Most of the time, maturity means there are systematic processes in place that...
Exabeam will have its third CEO since June 2021 after promoting Chief Product Officer Adam Geller to take over as its top leader. The security operations vendor elevated Geller to replace Michael DeCesare, 57, who joined Exabeam as president and CEO two years ago after leading Forescout for years.
In the era of digital transformation, banks’ security leaders are grappling with the challenges of maintaining a secure digital ecosystem while keeping costs down. With the explosion of touchpoints from the digitization of money and services, FinServ is now a prime target for cybercriminals, jeopardizing its...
According to the Forrester Wave issued in December 2022, the top challenge security analytics vendors face when bringing SIEM, SOAR and UEBA together is making it easy for customers to manage and maintain the offering, says Forrester analyst Allie Mellen.
Splunk has infused its SIEM with user behavior analytics and threat intelligence to better identify anomalies and understand what's going on in a customer's environment, says CEO Gary Steele. Adding UEBA to the SIEM makes it easier for organizations to identify, detect and remediate anomalies.
Our website uses cookies. Cookies enable us to provide the best experience possible and help us understand how visitors use our website. By browsing databreachtoday.eu, you agree to our use of cookies.
