This week in cybersecurity from the editors at Cybercrime Magazine – Watch the Cybercrime Magazine Video Sausalito, Calif. – Apr. 18, 2024 Oleria, a company providing adaptive and autonomous identity security solutions, raised $33.1 million in a Series A funding round earlier this year. The investment, which brings the company’s total funding to over $40 million, is led by Evolution Equity Partners with participation from Salesforce Ventures, Tapestry VC, and Zscaler. This funding round enables Oleria to ramp up hiring to accelerate its product innovation, including AI capabilities ..read more

The Evolution Technology Fund III LP is the largest dedicated cybersecurity fund raised to date Growth and early growth stage investor committed to differentiated portfolio characterized by strong operating performance of software companies safeguarding the digital world. NEW YORK, N.Y., Apr. 17, 2024 – Evolution Equity Partners announced the final closing of Evolution Technology Fund III, LP and total capital commitments of $1.1 billion to back visionary entrepreneurs building next-generation cybersecurity companies that safeguard the digital world. The fundraise was oversubscribed by existin ..read more

This week in cybersecurity from the editors at Cybercrime Magazine – Listen to the Cybercrime Magazine Podcast Interview  Sausalito, Calif. – Apr. 17, 2024 A complex and convincing scam drained a Whitefish Bay, Wis. woman of her entire savings. Throughout the month-long scam, the fraudsters falsified government documents, badges and bank deposit records to earn her trust. Kaitlin Henze has taken steps to grow her finances since she was a kid. After a series of missteps, Henze lost her entire savings, her 401(k) and investments. The scammers stole more than $200,000. “It’s litera ..read more

The Evolution Technology Fund III LP is the largest dedicated cybersecurity fund raised to date Growth and early growth stage investor committed to differentiated portfolio characterized by strong operating performance of software companies safeguarding the digital world. NEW YORK, N.Y., Apr. 17, 2024 – Evolution Equity Partners announced the final closing of Evolution Technology Fund III, LP and total capital commitments of $1.1 billion to back visionary entrepreneurs building next-generation cybersecurity companies that safeguard the digital world. The fundraise was oversubscribed by existin ..read more

The Evolution Technology Fund III LP is the largest dedicated cybersecurity fund raised to date Growth and early growth stage investor committed to differentiated portfolio characterized by strong operating performance of software companies safeguarding the digital world. NEW YORK, N.Y., Apr. 17, 2024 – Evolution Equity Partners announced the final closing of Evolution Technology Fund III, LP and total capital commitments of $1.1 billion to back visionary entrepreneurs building next-generation cybersecurity companies that safeguard the digital world. The fundraise was oversubscribed by existin ..read more

This week in cybersecurity from the editors at Cybercrime Magazine – Read the Full Story in TechRadar Pro Sausalito, Calif. – Apr. 16, 2024 According to Cybersecurity Ventures, the security awareness training market hit $5.6 billion in 2023 and is expected to surpass $10 billion in the next four years. This market boom is no surprise: cyber threats are rampant and large-scale attacks continue making headlines, according to an article in TechRadar Pro by Neil Thacker, EMEA CISO at Netskope. Every organization, he writes, no matter its size, is at risk of a breach. Annual cyb ..read more

This week in cybersecurity from the editors at Cybercrime Magazine – Read the Full Story in Security Management Sausalito, Calif. – Apr. 15, 2024 Security Management, a publication of ASIS International, reports that CEOs rise to their positions because of the breadth and depth of their expertise in areas such as strategic planning, finance, marketing, negotiations, and communications. But recent research suggests there’s a troubling gap in CEOs’ extensive skill sets that’s placing their organizations at risk: how to prepare and respond to the increasingly menacing problem ..read more

This week in cybersecurity from the editors at Cybercrime Magazine – Listen to the Cybercrime Magazine Podcast Interview Sausalito, Calif. – Apr. 13, 2024 If you’re a cybersecurity company that wants to know how to alienate a CISO, then Adam Keown, chief information security officer at Eastman, a Fortune 500 company, explains how on the Cybercrime Magazine Podcast. Keown advises sales executives to ditch tactics including cold calls, emails and LinkedIn messages that aim to go around the CISO’s staff. And he assures us that old-school selling strategies rooted in FUD (Fear, Uncertain ..read more

This week in cybersecurity from the editors at Cybercrime Magazine – Listen to the Cybercrime Magazine Podcast Interview Bruce Schneier is an internationally renowned security technologist, called a “security guru” by The Economist, and a New York Times best-selling author of 14 books. Schneier, a cryptographer, was at the first ever RSA Conference in 1991, and he was the first ‘exhibitor’ in 1994 when he asked Jim Bidzos, creator of the RSA Conference, if he could sell copies of his book “Applied Cryptography.” Bidzos set Schneier up in the hotel lobby where the conference was being held ..read more

This week in cybersecurity from the editors at Cybercrime Magazine – Read the Full Story in Newsweek The sheer scale of China’s latest attempt to infiltrate U.S. infrastructure has surprised the entire cybersecurity industry, an expert has said. Daniel Cuthbert, who sat on the UK Government Cyber Security Advisory Board, said the Volt Typhoon hacking system is bigger than anything China has unleashed before. The U.S. government says Volt Typhoon is designed to cripple U.S. computer systems if America and China go to war. FBI Director Christopher Wray told a U.S. committee h ..read more