BalaBit secures $8m for business-friendly IT security

BalaBit has raised a $8 million Series A round of funding to speed up the development and expansion of its pioneering IT security platforms. The new investment will be used to fuel BalaBit’s international expansion in North America and additional European markets including the UK and Scandinavia. The cash was raised from London based C5 Capital, Europe’s first dedicated investor in the security and data sector.

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Growing number of successful attacks

33% said a malware attack cost on average between £10,000 and £50,000 to remediate, highlighting need for greater threat intelligence when securing IT networks. Check Point has announced the findings of a survey showing that a combination of progressively more sophisticated malware and lack of intelligence about new security threats are key reasons for the growing number of successful malware attacks.

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SailPoint has found that 86% of IT experts in EMEA expect their organisation’s number of SaaS...
Nine out of ten IT professionals have experienced a data breach – with four out of five concerned...
Company has increased its investment in customer success by 150 percent in 2014.
Informatica Corporation has announced the availability of a new independent research report by the...
Consolidation of three year industry research program with MIT Center for Digital Business and...
One Identity has launched the One Identity Partner Circle, the company’s new multi-tier global...
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The powers of identity and privilege

By combining Okta, the leader in identity access management; SailPoint, the leader in identity governance; and CyberArk, the leader in privileged access security; organizations now have a unified solution to securely manage and govern all users.

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