According to the “2022 Verizon Data Breach Investigations Report,” stolen credentials were the top path leading to data breaches. More often than phishing or exploiting vulnerabilities, attackers gain direct access to credentials, letting them virtually walk into victim organizations using the front door. Low-code/no-code platforms make it extremely easy for users to share their credentials…

Business planning SaaS (software-as-a-service) software maker Anaplan is being acquired by private equity firm Thoma Bravo for $10.7 billion. Founded in the UK and now based in San Francisco, Anaplan offers cloud-based finance and planning software and counts almost 2,000 customers worldwide, including Coca-Cola, Shell, Thomas Cook and VMware. The company went public in 2018,…

Terms of the agreement were not disclosed The company’s MDR solution augments customers’ existing cybersecurity resources to protect on-premise, cloud, SaaS, and hybrid environments, and meet regulatory requirements, including PCI DSS, HIPAA HITECH, GDPR, Sarbanes-Oxley (SOX), SOC 2, NIST 800-171 and 800-53, ISO 27001, COBIT, and more. Houston, Texas-based Alert Logic, which claims more than…

Multifactor authentication (MFA) became mainstream in 2021. Google began pushing to make MFA its default for all users. The Biden administration even required all federal agencies and contractors to implement MFA in its Executive Order on Improving the Nation’s Cybersecurity. MFA adds in extra layers of verifying a user’s identity so that attackers cannot compromise…

The new investment round was led by Bessemer Venture Partners and SYN Ventures. Existing investors Andreessen Horowitz, Harpoon Ventures, Mango Capital, and Wing Venture Capital also contributed. The network security firm says it will use the capital for the development of new technology and for channel expansion. The company says it also plans to invest…