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AI cybersecurity provider SentinelOne files for $100M IPO

TechCrunch

SentinelOne, a late-stage security startup that helps organizations secure their data using AI and machine learning, has filed for an IPO on the New York Stock Exchange ( NYSE ). Despite this pandemic-fueled growth, SentinelOne’s net losses more than doubled from $26.6 million in 2020 to $62.6

.Net 274
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Thoma Bravo buys cybersecurity vendor Proofpoint for $12.3B in cash

TechCrunch

More M&A activity is underway in the red-hot field of cybersecurity. In the latest development, private equity giant Thoma Bravo is buying Proofpoint , the SaaS security vendor, for $12.3 It also however reported a GAAP net loss of $45.3 That’s narrowed from a net loss of $66.8 billion in cash.

.Net 254
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Cybersecurity Snapshot: New Guide Details How To Use AI Securely, as CERT Honcho Tells CISOs To Sharpen AI Security Skills Pronto

Tenable

1 - Using AI securely: Global cyber agencies publish new guide Is your organization – like many others – aggressively adopting artificial intelligence to boost operational efficiency? If so, you might want to check out a new guide published this week about how businesses can use AI securely.

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CIOs eager to scale AI despite difficulty demonstrating ROI, survey finds

CIO

CIOs rank AI as a top priority alongside cybersecurity for IT departments. However, barriers such as adoption speed and security concerns hinder rapid AI integration, according to a new survey. There is a sense of urgency to leverage AI effectively, but adoption speed and security challenges are hindering efforts.

Survey 313
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Industrial cybersecurity startup Claroty raises $140M in pre-IPO funding round

TechCrunch

Claroty, an industrial cybersecurity company that helps customers protect and manage their Internet of Things (IoT) and operational technology (OT) assets, has raised $140 million in its latest, and potentially last round of funding. . Founded in 2015, the late-stage startup focuses on the industrial side of cybersecurity. Vardi said.

Industry 250
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Cybersecurity Snapshot: Cyber Agencies Offer Secure AI Tips, while Stanford Issues In-Depth AI Trends Analysis, Including of AI Security

Tenable

Check out recommendations for securing AI systems from the Five Eyes cybersecurity agencies. 1 - Multinational cyber agencies issue best practices for secure AI deployment Looking for best practices on how to securely deploy artificial intelligence (AI) systems? And don’t miss the latest CIS Benchmarks updates.

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Shifting the Paradigm: Why the Cyber Insurance Industry Should Focus on Preventive Security

Tenable

Does your organization currently have a cyber insurance policy? Without it, you are missing a critical piece of a holistic security strategy. With increased cyberattacks and expansion in cloud and digital operational technology (OT) assets, organizations face significant costs during and after breaches.