Michael Novinson

Managing Editor, Business, ISMG

Novinson is responsible for covering the vendor and technology landscape. Prior to joining ISMG, he spent four and a half years covering all the major cybersecurity vendors at CRN, with a focus on their programs and offerings for IT service providers. He was recognized for his breaking news coverage of the August 2019 coordinated ransomware attack against local governments in Texas as well as for his continued reporting around the SolarWinds hack in late 2020 and early 2021.

OpenAI Valuation Nearly Doubles to $157B After $6.6B Funding

Michael Novinson • October 2, 2024

OpenAI’s new $6.6 billion round of funding has nearly doubled its valuation to $157 billion. With investments from Thrive Capital, Microsoft, SoftBank and Nvidia, OpenAI plans to expand its AI research while facing pressures around executive turnover and its transition away from a nonprofit model.

Amazon CISO Amy Herzog on Embedding Security in Ring, Alexa

Michael Novinson • October 2, 2024

Amy Herzog, chief information security officer for Ads and Devices at Amazon, shares how her cybersecurity team accelerates product development by integrating security from the start to secure customer data on popular consumer devices such as Ring and Alexa.

Jana Partners Increases Stake in Rapid7, Eyes Potential Sale

Michael Novinson • October 1, 2024

Jana Partners has raised its stake in cybersecurity vendor Rapid7 to 13% and is pushing for the company to consider selling itself. The activist investor teamed up with Cannae Holdings and is engaged in discussions with Rapid7's management to explore operational improvements and board restructuring.

Robert Herjavec on Managed Services, Identity and CEO Change

Michael Novinson • September 30, 2024

Robert Herjavec, outgoing CEO of Cyderes, details why he stepped down and how cybersecurity has evolved over his tenure. From identity management to the compliance role, Herjavec explains how managed services can address today’s cyber challenges and why Chris Schueler was picked as his successor.

Iranian Hackers Indicted for Cyberattacks on Trump Campaign

Michael Novinson • September 27, 2024

The United States indicted three Iranian hackers, alleging they stole sensitive data from government officials and the campaign of President Donald Trump. The hackers reportedly worked with the Iranian Revolutionary Guard to spread disinformation and manipulate the 2024 U.S. elections.

Visa Acquires AI Leader Featurespace for Payments Protection

Michael Novinson • September 26, 2024

Visa has signed a definitive agreement to acquire AI-driven fraud prevention leader Featurespace. This acquisition will reinforce Visa's fraud detection capabilities, integrating advanced machine learning technology to strengthen financial crime prevention and protect global transactions.

Commvault to Boost AWS Data Protection With $47M Clumio Buy

Michael Novinson • September 25, 2024

Commvault aims to boost its AWS cyber resilience capabilities through the buy of Clumio. With a focus on protecting critical data stored in Amazon S3, this move will boost Commvault’s recovery efforts for hybrid cloud customers, offering near-instant data recovery and better application protection.

Robert Herjavec Passes Cyderes CEO Role to Chris Schueler

Michael Novinson • September 24, 2024

"Shark Tank" TV star and company founder Robert Herjavec is stepping down as CEO of Cyderes, making way for Simeio CEO Chris Schueler to assume the role Oct. 1. Schueler has a strong background in identity management, and Herjavec will remain involved as an investor and board member.

Startup Torq Secures $70M to Advance Hyperautomation With AI

Michael Novinson • September 24, 2024

With $70 million in fresh capital, Torq is doubling down on its hyperautomation initiatives. The funding will enhance generative AI technologies that streamline security operations and provide autonomous threat investigation, alongside plans for broader U.S. and European market penetration.

How Microsoft Is Beefing Up Security With 34,000 Engineers

Michael Novinson • September 23, 2024

After high-profile security incidents, Microsoft has dedicated 34,000 engineers to advancing security across all platforms, focusing on identity protection and rapid response. The company is embedding security into product development and governance frameworks to mitigate growing cyberthreats.

Picus Security Receives $45M to Enhance Exposure Management

Michael Novinson • September 19, 2024

Picus Security has received $45 million in funding led by Riverwood Capital. The investment will accelerate product development in exposure management, including attack surface management and automated pen testing. The company plans to expand further in the Americas, targeting key growth areas.

Are Pure-Play Threat Intel Vendors a Vanishing Breed?

Michael Novinson • September 19, 2024

Despite high-profile acquisitions in the space, pure-play threat intelligence firms still have a future in the marketplace, but they need to offer specialized intelligence capabilities that cyber defense teams can't find elsewhere, said Forrester analyst Brian Wrozek.

How Mastercard Benefits From the $2.65B Recorded Future Deal

Michael Novinson • September 19, 2024

Mastercard's proposed purchase of Recorded Future for $2.65 billion will bring advanced threat intelligence into its payment systems. EVP Johan Gerber explains how this move improves fraud detection and prevention and strengthens Mastercard's cybersecurity in an evolving digital payments landscape.

Swiss Post to Strengthen Cybersecurity With Open Systems Buy

Michael Novinson • September 18, 2024

Swiss Post has signed an agreement to acquire Open Systems, a cybersecurity leader specializing in secure access service edge. The deal, expected to close by late 2024, will expand Swiss Post's offerings for secure digital communications for public and private organizations across Switzerland.

Intezer's $33M Series C Funding to Fuel AI, Customer Support

Michael Novinson • September 18, 2024

Norwest Venture Partners led a $33 million Series C round to accelerate Intezer's product development, strengthen AI models and broaden security alert coverage. The funding will enable the New York-based company to offer more support for cloud security while growing its customer success teams.

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