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CybersecurityCybersecurity

Sponsored by Zscaler logo.

Cyber Resilience Is a Tough Business

By Kim S. Nash

 

Hello. Commvault Systems logged higher revenue in the recent quarter, boosted by steady demand for its cyber-resilience offerings, though profit slipped as lower gross margins weighed on results.

Helping companies come back after a cyberattack is a growth business, said Jen DiRico, the company's finance chief. “This is a spend customers just can’t not prioritize,” she said. Read the WSJ story.

But cyber resilience looks different at every business, with a quirky mix of tech and various data habits and policies. That makes providing resilience services complicated, with unpredictable profit margins. 

More news: 

  • Lawmakers weigh expanding cyber duties of National Guard
  • Marketing giant Merkle investigates hack
  • FCC blocks new approvals of devices with Chinese parts
  • Cyber insurance covers about one-third of incident costs, study says
  • New funding for SimSpace, ConductorOne
  • And more
 

‏‏‎ ‎

CONTENT FROM: ZSCALER
Why CIOs Are Adopting A Cafe-like Branch Architecture

Ransomware attacks often start with one compromised user — a single user in a branch can infect everything on your network. This is facilitated by an underlying design principle of MPLS and SD-WAN — lateral movement. Zscaler CEO Jay Chaudhry explains why CIOs are embracing cafe-like branches to stop ransomware, increase business agility and reduce cost.

It’s time to embrace cafe-like branches

 

More Cyber News

PHOTO: RAHMAT GUL/ASSOCIATED PRESS

House and Senate weigh expanding National Guard cybersecurity duties. Members of Congress are proposing amendments to the must-pass annual National National Defense Authorization Act that would add Guard responsibilities for helping secure critical infrastructure. Lawmakers disagree over whether states of Washington, D.C., would control the Guard's cyber forces. (Military.com) 

Water security: U.S. water facilities should inventory their tech systems against a list of devices known to be vulnerable to hackers, the Environmental Protection Agency said. The EPA released new and updated planning guidance for the sector. (Federal News Network)

Chinese parts blocked: The Federal Communications Commission on Tuesday voted to block new approvals for devices such as security cameras that contain parts from companies on the agency's list of banned organizations. That includes China's Huawei Technologies, China Mobile, China Telecom and ZTE. (Reuters)

Marketing firm Merkle, a U.S. unit of Japanese advertising giant Dentsu, was hacked, with information stolen about clients, suppliers and current and former employees. (Bleeping Computer)

CISO move: Debt-collector DCM Services named Curtis Rebelein as CISO. He joins the Minneapolis company from the city's Metropolitan Airports Commission, where he was a CISO contractor to help set up a cybersecurity group. 

32%

Average portion of the total cost of a cybersecurity incident paid by cyber insurance, according to new research from NetDiligence. The cyber risk management company analyzed 10,402 claims related to incidents that occurred from 2020 through 2024. 

 

Cyber Business

  • SimSpace, a Boston startup that runs cyber ranges to practice and test security plans, has raised $39 million in new funding from a combination of debt and equity. The investment came from BTG Pactual U.S. Private Credit Investments, Communitas Capital and L2 Point Management.
  • San Francisco-based ConductorOne has raised $79 million in Series B funding led by Greycroft. ConductorOne uses AI tools to manage identities.
 

About Us

The WSJ Pro Cybersecurity team is Deputy Bureau Chief Kim S. Nash and reporters Angus Loten, and James Rundle. Follow us on X @WSJCyber. Reach the team by replying to any newsletter you receive or by emailing Kim at kim.nash@wsj.com.

 
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