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Salt Security lands $70M for tech to protect APIs from malicious abuse

APIs make the world go round in tech, but that also makes them a very key target for bad actors: as doorways into huge data troves and services, malicious hackers spent a lot of time looking for ways to pick their locks or just force them open when they're closed, in order to access that information. Today, a company that's building a network of services to help those using and producing APIs to identify and eradicate those risks is announcing a round of funding to meet a growing demand for its services. Salt Security, which provides AI-based technology to identify issues and stop attacks across the whole of your API library, has closed $70 million in funding, money that it will be using both to meet current demand but also continue building out its technology for a wider set of services and use cases for API management. ....

Api Management , Advent International , Sequoia Capital , Malicious Hackers , Salt Security , அபி மேலாண்மை ,

Vectra AI picks up $130M at a $1.2B valuation for its network approach to threat detection and response

Vectra AI picks up $130M at a $1.2B valuation for its network approach to threat detection and response
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Hitesh Sheth , Malicious Hackers , Network Security ,

Lack of cyber funds in Biden infrastructure plan raises eyebrows


Experts say it was disappointing to see there were no funds set aside to defend systems critical to everyday life from hackers, particularly as the proposal calls for things like $100 billion for improving grid resiliency, the creation of new jobs, and developing more clean electricity.
“It is a bit of an eyesore of not seeing a more prominent listing of cybersecurity in this, but I think there will be more to come,” said Tobias Whitney, vice president of Energy Security Solutions at Fortress Information Security, which works with grid operators.
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The cybersecurity of the grid has become an area of increasing concern in recent years as hackers have ratcheted up efforts to target critical systems. Those efforts accelerated during the COVID-19 pandemic. ....

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