Google Cloud launched Threat Intelligence, Cisco and Splunk outlined integrations and new security offerings, Palo Alto Networks outlined its AI and cybersecurity future and CrowdStrike, Fastly and a bevy of others had announcements. Akamai acquired Noname Security.
CrowdStrike and Amazon Web Services expanded a partnership where Amazon will standardize on CrowdStrike's Falcon platform and CrowdStrike will expand usage of Amazon Bedrock and SageMaker.
Rubrik, an enterprise backup and recovery company, has filed for an initial public offering in a move that indicates a new batch of security vendors are likely to hit the market as companies prep their post-breach strategies.
For 2024, UnitedHealth said the tab for the Change Healthcare cyberattack could be as high as $1.6 billion.
"Sophisticated, AI-driven attacks need a sophisticated response, which is AI-driven," said Mehta.
Zscaler plans to add its 400 billion Zscaler transactions and its Zscaler Zero Trust Exchange to Avalor's platform. Avalor will continue to run as an independent unit.
Microsoft launched Copilot for Security, but the most interesting item is the software giant's monetization model. Copilot will go for $4 an hour in a pricing model that positions generative AI more like an inexpensive digital worker.
The cybersecurity platform wars may be getting a bit chippy as CrowdStrike and Palo Alto Networks duel as they try to convince enterprises to consolidate on their platforms.
The impacts from a Feb. 21 Change Healthcare ransomware attack continue to be felt as physicians still cannot file claims in many cases and practices are beginning to feel the squeeze.
Enterprises are asking more for their cybersecurity dollars and Palo Alto Networks plans to incentivise them to consolidate vendors. Will a cybersecurity price war follow?
Cisco said it will cut 5% of its global workforce in a bid to "realign the organization and enable further investment in key priority areas."
