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BankInfoSecurity Many organizations can often underestimate their level of cyber risk or overestimate the strength of their security controls. When it comes to cyber security, they cannot afford to make mistakes because the cost of a data breach is incredibly high. For some organizations, the impact of a breach can cause irreparable financial and reputational damage. To identify a solution, you must first quantify the problem with data-driven evidence—the first step toward identifying any solution.You cannot fix what you cannot see. Download this report to learn more about: The evolution ...

By Mike Lennon on May 05, 2021 Israeli cybersecurity testing firm Cymulate announced today that it has raised $45 million through a Series C funding round. The Series C round was led by One Peak, with participation from existing investors Susquehanna Growth Equity (SGE), Vertex Ventures Israel, Vertex Growth and Dell Technologies Capital.   Cymulate has raised $71 million to date, including a $15 million Series B round in November 2019, and a $3 million Series A round in March 2017. Founded by Eyal Wachsman and Avihai Bar Yosef, the company offers a cloud-based security validation platfo...

Organisations faced a number of unforeseen challenges in nearly every business sector throughout 2020 – and continuing into 2021. Until now, businesses have been on the defensive, reacting to the shifting workforce and economic conditions, however, COVID-19 proved to be a catalyst for some to accelerate their long-term technology and digitalisation plans. This is now giving decision-makers the chance to take a proactive approach to mitigate current and post-pandemic risks. These long-term technology solutions can be used for today’s new world of social distancing and face mask policies an...

BankInfoSecurity May 5, 2021 Twitter Get Permission Although the Cybersecurity and Infrastructure Security Agency has made significant strides since it was established in 2018, it still has important work to do to fulfill its cybersecurity and national security obligations, according to a recent audit by the Government Accountability Office. This includes improving communication with companies that share responsibility for the security of critical infrastructure as well as soliciting private sector input on creating specific security plans for each industry. The federal watchdog made 11 rec...

Siemens patched flaws in JT2Go and Teamcenter Visualization. Siemens has mitigated 21 vulnerabilities in two of its virtualization software tools that, if exploited, could enable attackers to gain remote control, exfiltrate data or cause systems to crash. It's urging customers to shift to updated versions of the software that fix the flaws. In a patch update on Thursday, Siemens notes that the flaws, dubbed SSA-663999, are file parsing vulnerabilities that affect JT2Go, a 3D viewing tool, and Teamcenter, an enterprise visualization tool, in versions earlier than V13.1.0.1. The flaws come int...