The firm founded by retired four-star Army Gen. Keith Alexander and once valued at $1.2 billion has officially turned off the lights. IronNet Friday ceased business operations and terminated remaining employees after probing alternatives and finding additional sources of cash unavailable.
WatchGuard purchased a Massachusetts company to extend network detection and response capabilities traditionally reserved for high-end enterprises to the midmarket through MSPs. The deal gives WatchGuard clients more visibility into east-west network traffic and activity taking place on the cloud.
Perimeter 81's ease of deployment and embrace of a cloud-based architecture made it stand apart from other secure remote access offerings, according to Check Point Software CEO Gil Shwed. The deal will help Check Point build a scalable network foundation that extends to thousands of users.
IronNet's board authorized the company to furlough nearly all its workers and substantially curtail business operations as the board evaluates seeking bankruptcy protection. The furlough and cessation of business operations constitute an event of default under the terms of the company's borrowing.
New CEO Scott Harrell wants Infoblox to evolve from classic networking DNS management to bringing networking and security together in ways that optimize protection and efficiency. DNS serves as a building block for security since it is universal across large client devices and small mobile phones.
Unnecessary cyber alerts are a threat that can overwhelm defenders, leading to burnout and reduced efficiency within the team. Chris Waynforth, vice president and general manager at Expel, said adopting automation solutions to filter and prioritize alerts allows for more effective incident response.
Retired four-star Gen. Keith Alexander resigned as IronNet's CEO as part of a deal with C5 Capital to take the beleaguered threat detection firm private. C5 extended IronNet a financial lifeline in exchange for Alexander, 71, giving up day-to-day management of the company he founded nine years ago.
In the latest weekly update, four editors at ISMG discuss highlights from recent ISMG events, the winners and losers in Forrester's first-ever network analysis and visibility rankings, and the ongoing tech trade war between the U.S. and China and its impact on the global supply chain.
Service providers typically lack the skills and large security teams needed to thwart complex and high-volume cyberattacks on their own, said A10 Networks CEO Dhrupad Trivedi. MSPs telecom and cloud providers struggle to assess the scale of cyber incidents and to detect and remediate them.
Startup Lumu edged out larger incumbents Extra Hop, Arista Networks and Trend Micro for the top spot in Forrester's first-ever network analysis and visibility rankings. The percolating of federal zero trust mandates into the civilian world prompted Forrester's evaluation of providers in the market.
C5 Capital extended struggling threat detection firm IronNet a financial lifeline contingent on retired four-star Gen. Keith Alexander stepping down as CEO of the company he founded. The venture capital firm will inject $51 million if IronNet hires ex-Houghton Mifflin Harcourt CEO Linda Zecher.
Cisco Security Executive Vice President and General Manager Jeetu Patel said the industry struggles to address multifaceted attacks that originate in email and include bad links, malware downloads to a device and more. Cyber defenders need correlated data from multiple sources of telemetry, he said.
Security researchers discovered an Iran-linked APT group carrying out a new chain of ransomware attacks against Israeli organizations. Check Point said attackers surprisingly carried out most of the activity manually over RDP but warned they are growing better at coding malware and using tools.
Organizations lack visibility into their network and assets to fully understand their threat and risk exposure, said Liberty Strategic Capital's Michael D'Ambrosio. The trend of accessing corporate networks from remote locations has made it tough for businesses to know what's on their network.
Netography has added more detection features and data science capabilities to help large enterprises better understand what's on their networks, according to CEO Martin Roesch. The Annapolis, Maryland-based company over the past 12 months has quintupled the amount of data ingested into its system.
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