In The News

Apr 20
2016

Tom Kellermann, former CSO of Trend Micro, started Strategic Cyber Ventures three months ago, and now he’s ready to announce his first investment. After working at Trend Micro for the past two years as the company’s chief security officer, Tom Kellermann moved to become the CEO of Strategic Cyber Ventures in February. Now after three…

Apr 20
2016

In Addition to Triple Digit Worldwide Growth, the Company Appointed Three New Vice Presidents to Further Expand the Company’s Product Portfolio and Increase Worldwide Sales SAN MATEO, CA — April 19, 2016 — TrapX Security™, a global leader in advanced cyber security defense, today announced dramatic growth against every key aspect of its business in 2015….

Apr 19
2016

Sales of the company’s DeceptionGrid software tripled in 2015. Cyber security startup TrapX Security has closed a $14 million Series B financing round. The company raised $9 million of this amount last year led by investors Intel Capital and Liberty Israel Venture Fund together with investors BRM Group and Opus Capital. It has now expanded this round…

Apr 02
2016

Ransomware is such a serious cybersecurity concern that the Federal Bureau of Investigation has issued new guidance and yet another alert about the threat. See Also: How to Illuminate Data Risk to Avoid Financial Shocks In recent weeks, attacks involving ransomware, in which cybercriminals demand ransom to unlock data they’ve encrypted, have plagued the healthcare…

Apr 01
2016

Contactless payments may be all the rage these days, but you still have tap your smartphone, smartwatch or card on a terminal of some kind. And at busy times, this can mean standing in queues or hanging around for ages waiting for the restaurant bill to arrive. All that could be about to change. “Payments…

Apr 01
2016

A spokeswoman with MedStar Health says the healthcare provider is still experiencing widespread computer outages after a cyberattack on its systems Monday, but adds that progress is being made “by the hour.” MedStar Assistant Vice President Ann Nickels told Fox News that the hospital network has regained its ability to access patient records and other vital information…

Mar 23
2016

Tom Kellermann, CISM, CEO, Strategic Cyber Ventures | Posted at 7:34 AM by ISACA News | Category: Security | Permalink | Email this Post | Comments (0) Not many organizations are using their often substantial marketing budgets to protect their brands.  Brand protection must include the protection of corporate web sites, as the incidence of watering hole attacks continues to climb thus…

Mar 10
2016

Security Veterans Join New Venture Capital Firm – Hank Thomas and Ann Barron-DiCamillo are long-time security practitioners who have now chosen to put their minds where the money is, as principals in the new venture capital firm Strategic Cyber Ventures. What types of companies are they looking to fund? See Also: Cyber Insurance and Cyber Security…

Mar 10
2016

The perpetrators of a $100 million digital heist at Bangladesh’s central bank had deep knowledge of the institution’s internal workings, likely gained by spying on bank workers, security experts said. Unknown hackers breached Bangladesh Bank in early February, stole credentials for payment transfers and then ordered transfers out of a Federal Reserve Bank of New…