Content by Michael Novinson

Here's Where Top Cybersecurity Vendors Stand as 2025 Nears

Michael Novinson  •  December 6, 2024

Three of the world's largest pure-play cybersecurity vendors recently reported earnings, grappling with SIEM and firewall displacement opportunities along with rebounding from a massive outage. Palo Alto Networks Continues to reap the benefits of buying IBM's QRadar SaaS business.

Veeam Closes $2B Offering to Boost Data Resilience, Eyes IPO

Michael Novinson  •  December 5, 2024

CEO Anand Eswaran explains how Veeam's $2 billion secondary offering strengthens its financial position as the data resilience vendor prepares for an initial public offering. He discusses the company’s commitment to innovation and strategic pacts with Splunk, CrowdStrike and Palo Alto Networks.

Tenable's Amit Yoran Takes Medical Leave; Interim CEOs Named

Michael Novinson  •  December 5, 2024

Longtime Tenable CEO Amit Yoran is temporarily stepping aside for cancer treatment and recovery, with top deputies Stephen Vintz and Mark Thurmond stepping up to lead the organization. Yoran was diagnosed in March with a treatable form of cancer, but recently learned he needs additional treatment.

Nation-State Actors Ramp Up Cyberattacks

Michael Novinson  •  December 4, 2024

Nation-state attackers pose a growing cybersecurity threat driven by specific geopolitical or economic objectives. These actors often target organizations with valuable data, using advanced techniques such as reconnaissance, said Ryan Roobian, global solutions architect, Google Cloud.

Sixgen's Kyrus Acquisition Boosts National Cybersecurity

Michael Novinson  •  December 3, 2024

Sixgen will enhance its cybersecurity operations through the purchase of Washington D.C.-area Kyrus. The move introduces reverse engineering and analytics expertise to Sixgen's portfolio, aligning with its mission to protect critical infrastructure and bolster American cyber defense capabilities.

CyberEdBoard Profiles in Leadership: Michael Woodson

Michael Novinson  •  December 3, 2024

As former director of information security and privacy at Sonesta Hotels, Michael Woodson championed a proactive approach to cybersecurity. His leadership philosophy underscores the importance of cultural transformation and continuous learning in building robust security programs.

Upwind Raises $100M to Thwart Cloud Security Vulnerabilities

Michael Novinson  •  December 2, 2024

With $100 million in Series A funding, Upwind plans to enhance its runtime and AI-powered cloud security platform. CEO Amiram Shachar outlines the company's investments in engineering, customer engagement and scaling solutions to address vulnerabilities such as misconfigurations and insecure APIs.

Sonatype, Snyk, Black Duck Top Comp Analysis Forrester Wave

Michael Novinson  •  November 29, 2024

Sonatype, Snyk and Black Duck remained atop Forrester's software composition analysis rankings as commoditization of core features has led to increased competition. Pressure in the market has increased due to both a saturation of core functionalities and license identification.

New Sysdig CEO: Focus on Falco, AI and Fast Threat Response

Michael Novinson  •  November 26, 2024

New CEO Bill Welch discusses Sysdig's cloud security strategy, emphasizing AI, open-source leadership with Falco, and expansion plans to serve SMBs and midmarket businesses. He shares goals for real-time response and building a sustainable, profitable company.

Anti-Ransomware Firm Halcyon Gets $100M, Earns $1B Valuation

Michael Novinson  •  November 26, 2024

Halcyon has raised $100 million in Series C funding, reaching a $1 billion valuation. The company plans to enhance its cutting-edge ransomware solutions by taking on data exfiltration, deepen ties with Dell and Cisco, and expand its market presence into Japan with a partner-driven approach.

Crosspoint to Invest $5M in Each Innovation Sandbox Finalist

Michael Novinson  •  November 25, 2024

Finalists selected for RSA Conference’s Innovation Sandbox competition will now each receive a $5 million investment from Crosspoint Capital. Managing Partner Hugh Thompson said this initiative ensures top cybersecurity startups are equipped to handle increased demand and scale effectively.

Haveli Purchases AppViewX to Strengthen Identity Automation

Michael Novinson  •  November 22, 2024

Private equity firm Haveli has purchased a majority stake in AppViewX to scale globally, targeting automation in certificate lifecycle management and public key infrastructure. CEO Gregory Webb says the acquisition will fund international expansion and next-gen technology investments.

How N-Able, Adlumin Deal Accelerates IT-Security Convergence

Michael Novinson  •  November 22, 2024

N-able has acquired Adlumin to unify IT operations and security operations on a single platform. CEOs John Pagliuca and Robert Johnston said the deal aims to simplify complex IT environments, improve profitability for MSPs, and deliver innovative solutions to mid-enterprise and SMB markets globally.

Wiz Fortifies Application Security With $450M Dazz Purchase

Michael Novinson  •  November 21, 2024

Wiz acquired application security posture management startup Dazz for $450 million to provide enterprises with a unified code-to-cloud solution. CEO Merav Bahat highlights how this partnership will streamline vulnerability management and strengthen remediation capabilities for global organizations.

N-able Strengthens Cybersecurity via $266M Adlumin Purchase

Michael Novinson  •  November 20, 2024

With Adlumin’s cloud-native XDR and MDR services, N-able consolidates its position as a leader in IT management. Buying the Washington D.C.-based security operations vendor for up to $266 million drives value through AI-powered threat detection and compliance solutions tailored for MSPs.