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Latest coverage for Startup

Startup cybersecurity covers protecting early-stage systems, customer data, and funding from breaches, fraud, and resource-driven weaknesses.

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A startup is a young company developing a product or service, usually while its team, technology, and business processes are still changing rapidly. In information security, that pace and limited staffing can leave security ownership unclear or controls behind the product. Startups may also hold valuable intellectual property, customer information, credentials, and access to cloud services, making protection of those assets material even before the company is large.

Security coverage for startups commonly concerns exposed cloud resources, leaked secrets, excessive access privileges, vulnerable open-source dependencies, and incidents involving suppliers or hosted platforms. Useful safeguards include an inventory of systems and data, multi-factor authentication, least-privilege access, managed secrets, dependency and vulnerability management, centralized logging, and a tested process for reporting and responding to incidents. Customers and investors may also assess whether stated privacy or security commitments match the startup’s actual controls and operating practices.

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Bank Info Security 2 years, 4 months ago

Why Wiz Wants to Buy Cloud Startup Gem Security for $350M

Wiz May Not Need More Cash for Its 2nd Deal in 4 Months Since It Has $900M on HandWiz is reportedly set to buy centralized cloud threat management vendor Gem Security for $350 million, Bloomberg reported this week. The deal would come just four months after Wiz made its first-ever acquisition, scooping up cloud-based development platform Raftt for as much as $50 million.

Bank Info Security 2 years, 4 months ago

Zscaler Expands AI Security Capabilities by Acquiring Avalor

Zscaler Purchase Aims to Revolutionize Zero Trust Cybersecurity With Advanced AIZscaler bought a data security startup led by a longtime Salesforce executive to help customers stay ahead of threats by beefing up data quality and AI models. Zscaler said the purchase will help it strengthen its data quality and model efficiency to outpace AI weaponization by threat actors.

Bank Info Security 2 years, 4 months ago

Will Cybersecurity Get Its 1st New Unicorn Since June 2022?

Data Security Startup Cyera Seeks to Raise $150M to $200M at a Valuation of $1.55BCyera is raising between $150 million and $200 million in a new funding round that would value the Silicon Valley-based data security startup at as much as $1.55 billion. The funding talks come just nine months after Cyera closed a $100 million Series B round at a reported $500 million valuation.

Exec accused of using own work PC to swipe confidential AI and staffing docs for stealth cloud startup An ex-Meta veep has been sued by his former bosses for "brazenly disloyal and dishonest conduct" – and by that, they mean he allegedly stole confidential documents to help him build and recruit colleagues for an AI cloud startup. …