Security News
The global cloud security market is projected to account for $20.9 billion by 2027, according to a report by Million Insights and is expected to grow with 14.6% CAGR from 2020 to 2027. The emergence of hybrid cloud to a tussle between private and public cloud has given several frameworks and platforms to cloud users to choose from.
Israel-based cloud security company Lightspin announced on Tuesday that it has emerged from stealth mode with $4 million in seed funding. Lightspin provides what it describes as a contextual cloud security platform designed to help organizations protect cloud-native applications, Kubernetes and microservices.
IT and security professionals were surveyed to understand their top security concerns and identify the actions that enterprises are taking to protect data in the cloud. 93% of respondents were moderately to extremely concerned about the security of the public cloud.
Qualys announced that Armor is integrating the Qualys CloudView app, which includes Cloud Inventory and Cloud Security Assessment, into Armor Anywhere, a cloud security platform. Armor Anywhere with Cloud Security Posture Management lets clients continuously inventory and assess the security and compliance of their public cloud services as per industry standard benchmarks and regulatory mandates.
Threat Stack announced ThreatML, its new machine learning engine that enhances security observability for the Threat Stack Cloud Security Platform, Threat Stack Oversight, and Threat Stack Insight with anomaly detection. The Threat Stack Cloud Security Platform collects, normalizes, and analyzes over 60 billion events per day from customer cloud infrastructure and applications.
Orca Security announced the second generation of its cloud security platform, featuring unique capabilities built specifically to respond to the public cloud security and compliance needs of global financial services customers. "The rapid digitization of services coupled with increased cloud adoption opens financial organizations to incredible risk. With Orca Security, they gain the full cloud coverage and insights they need without agents to maximize compliance and security confidence to meet the tsunami of regulations on the horizon."
Cyral has received a strategic investment from Silicon Valley CISO Investments, an angel syndicate of more than 50 practicing CISOs that invests in a small number of innovative cybersecurity startups each year. Cyral is only the fifth company to receive an investment from SVCI, which was founded in late 2019, following a rigorous due diligence process that included multiple presentations to SVCI members and insight into the company's growth plans.
Cloud security company Accurics says it has raised $20 million across seed and Series A funding rounds in the past six months. Accurics plans on using the investment to support its market momentum and continue improving its technology.
ePlus announced that it has strengthened its Managed Cloud Security Service portfolio by adding a market-leading managed detection and response solution to its lineup of capabilities. Utilizing Alert Logic MDR, ePlus can offer organizations an additional option to secure their cloud deployments, one that includes continuous threat monitoring and cutting-edge threat intelligence, enabling complete visibility across an organization's IT estate.
Trend Micro announced that its hybrid cloud security offerings have received the AWS Outposts Ready designation, part of the Amazon Web Services Service Ready Program. Teams using Trend Micro for their hybrid cloud security benefit from a truly consistent hybrid experience that combines the agility, breadth of services, and pace of innovation of AWS with seamless security protection across an enterprise infrastructure.