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Ron joins us to cover various aspects of investing, including how to give the right pitch, what enterprises should be looking for in new technologies, are you 5% or amazing tech? Ron is also championing a new concept called data care and has launched his own podcast, Gula Tech Cyberfiction, in addition to some outstanding cybersecurity grants.
Gula Tech Foundation Grant Program – Data Care: https://www.gula.tech/foundation/
Ron is President at Gula Tech Adventures which focuses on cyber technology, cyber policy and recruiting more people to the cyber workforce. Since 2017, GTA has invested in dozens of cyber start-ups and funds and supported multiple cyber nonprofits and projects. From 2002 to 2016, Ron was the co-founder and CEO of Tenable Network Security. He helped grow the company to 20,000 customers, raise $300m in venture capital and grow revenues to $100m, setting up the company for an IPO in 2018. Prior to Tenable, Ron was a cyber industry pioneer and developed one of the first commercial network intrusion detection systems called Dragon, ran risk mitigation for the first cloud company, was deploying network honeypots in the mid 90s for the DOD and was a penetration tester for the NSA and got to participate in some of the nation’s first cyber exercises. Ron is involved in a variety of cyber nonprofits and think tanks including Defending Digital Campaigns, the Center for Internet Security, the National Security Institute and the Wilson Center. In 2020, Ron was honored to receive the Northern Virginia Technology Council Cyber Investor of the Year award and the Baltimore Business Journal Power 10 CEO award.
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This week in the Enterprise Security News: funding announcements from Coalition, HeraSoft, Cowbell Cyber, Argon, Cynet, Docker, and Cyware. Sonatype Acquires MuseDev, Sumologic Acquires DF Labs, Acronis acquires Synapsys, Lookout grabs CipherCloud and a cybersecurity SPAC. Kasada announces some new features to its bot detection offering, Rapid7 introduces an agent for CloudFront, Aqua supports ARM, and Chris Roberts joins Cynet, & more!
FUNDING – Coalition Raises $175M to Build the Future of Commercial Insurance – “Coalition, the leading cyber insurance and security company, today announced it has raised $175 million to accelerate its rapid growth and global expansion. Index Ventures led the funding with participation from General Atlantic and the company’s existing investors, valuing Coalition at $1.75 billion. “
FUNDING – HeraSoft Looks To Stop Ransomware Attacks After $5M Series A – “Bartlesville, Oklahoma-based HeraSoft announced a $5 million Series A led by United Capital Management of Kansas. The company has developed a public protocol index layer that protects organizations from ransomware and other cyberattacks. The platform is anchored to Bitcoin and can help provide both data and application security”
Kasada Redefines Bot Mitigation with New Defenses Against Evolving Tactics – “A 15x increase in client interrogation sensors, ensuring the stealthiest automation tools are detected, New proprietary obfuscation, which deters reverse engineering attempts, making it extremely difficult and expensive for attackers to retool, An enhanced cryptographic challenge, wrecking the ROI of bot operations and helping to eliminate the need for CAPTCHAs”
FUNDING – Autonomous breach protection startup Cynet raises $40M – “Cynet XDR, the company’s cross-layered detection and response offering, uses next-generation access control, EDR, network detection and response, user and entity behavior analytics and deception technologies with completely automated attack investigation and remediation on a single, intuitive platform. The service is backed by a 24/7 managed detection and response service.”
ACQUISITION – Lookout Buys CipherCloud – “The acquisition broadens the Lookout product portfolio as well as its community of customers and partners including carrier, cloud, channel, distributor and managed security service providers (MSSP). As a part of the deal, CipherCloud will operate under Lookout brand and leadership.”
Rapid7 : Announces Release of New tCell Amazon CloudFront Agent – “To help with this problem, we are excited to announce tCell’s CloudFront agent, which leverages Lambda@Edge to help push security closer to the ‘edge’ without requiring any code changes to your applications. Now, you can integrate directly with Amazon CloudFront, AWS’ native CDN, using Lambda@Edge to monitor inbound and outbound traffic with minimal performance impact and without requiring your traffic to go somewhere else for inspection.”
FUNDING – Docker Raises $23 Million in Series B Funding – “In the past year, applications have become paramount to not only all modern businesses but also as the primary means to connect society, all of which has greatly accelerated the need for developer velocity,” said Scott Johnston, CEO of Docker. “This new investment, combined with our user and ARR growth momentum, validates Docker’s mission of helping developers and development teams bring their ideas to life by conquering the complexity of app development.”
FUNDING – Cyware Raises $30M in Series B Funding – “Cyware, a NYC-based Virtual Cyber Fusion platform provider, raised $30m in Series B funding.” Messaging on: “Cyber Fusion. Next-generation SOAR and Threat Intelligence Solved. Cyware is the only company building Virtual Cyber Fusion Centers enabling end-to-end threat intelligence automation, sharing, and unprecedented threat response for organizations globally.”
ACQUISITION – Sonatype Acquires MuseDev – “MuseDev’s core offering automatically analyzes and provides uniquely accurate feedback on each developer pull request, making it easy to find and fix critical security, performance, and reliability bugs during code review.”
Kaspersky launches Threat Hunting Services enabling timely detection of adversarial activity – “The service integrates several components. Kaspersky products send their telemetry to the Kaspersky Security Network1 and this telemetry is then analyzed in the internal Kaspersky Security Operations Center using more than 700 constantly updated proprietary TTP-based ‘hunts’2 tailored to the customer’s environment along with various detection engines. Since alerts are collected from all endpoints, this allows the system to detect links of one attack chain on various machines. All detections are further validated and prioritized by Kaspersky’s threat hunting team to ensure a timely response.”
ACQUISITION – Acronis acquires Synapsys – “Synapsys is a channel-centric group of companies that delivers Acronis Cyber Protection Solutions to thousands of customers through a network of sub-distributors, resellers, and managed service providers (MSPs) in South Africa and across the continent.”
3. Attack Surface – What are we Missing? – 02:00 PM-02:30 PM
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Ilia Kolochenko, founder of ImmuniWeb, joins Paul and Adrian to discuss the challenge of discovering and handling exposed data and vulnerabilities before the bad guys do.
Ilia Kolochenko – Chief Architect at ImmuniWeb
Ilia is the founder and Chief Architect at ImmuniWeb, a global application security company serving large customers from regulated industries in over 50 countries. He started his career as a penetration tester and has 15 years of security auditing and digital forensics practice. Today, Ilia drives continuous product improvement and leads data scientists, security analysts and software engineers at ImmuniWeb. Ilia holds a Bachelor degree in Computer Science and Mathematics, a Master of Legal Studies from Washington University in St. Louis and a Master of Science in Criminal Justice (Cybercrime Investigation) from Boston University. He is currently a Doctoral student (Ph.D. in Cybersecurity Leadership) at Capitol Technology University. Ilia Kolochenko is a Member of Europol Data Protection Experts Network (EDEN), GIAC Advisory Board Member and a Committee Member at Boston University MET CIC (Cybercrime Investigation & Cybersecurity) Center. Ilia is a CIPP/US, CIPP/E and GLEG certified professional.