Identity management and information security news for the week of October 21; Zerto, Revelstoke, PsiQuantum, etc.


The editors of Solutions Review have curated this list of the most notable identity management and information security news for the week of October 21. This curated list includes identity management and information security vendors such as Zerto, Revelstoke, PsiQuantum, and more.

Keeping tabs on all the most relevant identity management and information security news can be a daunting task. Accordingly, our editorial team aims to provide a summary of the top headlines from the past month, in this space. Solutions Review editors will curate news on vendor products, mergers and acquisitions, venture capital funding, talent acquisition, and other notable identity management and security news stories some information.

News of the week of October 21 on identity management and information security

Zerto Research Reveals Organizations Have Incomplete Ransomware Strategies

Zerto, a Hewlett Packard Enterprise company, released the results of its 2022 Ransomware Strategy Survey conducted at VMware Explore US in August/September 2022. The research revealed gaps in the data and ransomware protection strategies of companies they will want to bridge to reduce their risk of interrupted business operations in the event of a ransomware attack.

Read on to find out more.

Sophos MDR service launches compatibility with third-party cybersecurity technologies

Sophos, a global cybersecurity leader, has launched new third-party security technology compatibilities with Sophos Managed Detection and Response (MDR) to better detect and remediate attacks with speed and accuracy in a variety of customer and operating environments. Industry-leading service with more than 12,000 customers now integrates telemetry from third-party endpoints, firewalls, cloud, identity, messaging and other security technologies as part of the ecosystem of Sophos adaptive cybersecurity.

Read on to find out more.

Comparitech Report: Does Bitcoin Price Impact Ransomware Attacks and Ransoms?

Consumer technology research experts, Comparitech, recently analyzed the average monthly bitcoin price against the number of ransomware attacks, average ransom demanded and average ransom paid from 2018 to September 2022. Their conclusion? A strong correlation in a number of areas, both globally and in the United States.

Read on to find out more.

Code42 Incydr automates file source labeling

Code42, Inc., an insider risk management (IRM) vendor, announced that it has enhanced its Incydr Risk Indicators (IRI) within the Code42 Incydr product to detect and label file downloads from enterprise systems. By understanding the source system a file originated from, security analysts can better prioritize the data exfiltrations that pose the most risk to their organization. For example, if an employee were to download a customer list from their employer’s CRM (like Salesforce) and upload it to a personal email account (like Gmail), Incydr would detect the movement and report the customer list as an exfiltration of CRM document.

Read on to find out more.

Revelstoke teams up with BreachRx, providing users with automated incident response and compliance solutions

Revelstoke has partnered with BreachRx to unify automated incident response and compliance capabilities with the Revelstoke Enterprise Security Orchestration, Automation, and Response (SOAR) platform. The combined effort is designed to help people find answers to security and regulatory compliance questions in real time and at the height of a crisis.

Read on to find out more.

FIDO Alliance Study Reveals Global Password Use Is Declining

This week, the FIDO Alliance released its second annual Online Authentication Barometer, which gathers information on the state of online authentication in 10 countries around the world. New to the Barometer this year, the FIDO Alliance has begun tracking authentication in the metaverse and plans to incorporate the use of technologies such as passkeys in future editions of the report.

Read on to find out more.

Sift unveils new platform upgrades

Sift, a Digital Trust & Safety platform, announced the release of several new features designed to help fraud fighters do their jobs more efficiently and make smarter, faster decisions. Sift’s platform upgrades also come at a time when businesses are facing more fraud than ever. In fact, Sift’s Q3 Digital Trust and Security Index shows a 131% increase in account takeover attacks in the first half of 2022 compared to the same period last year.

Read on to find out more.

Unit21 launches Dao, a fintech fraud platform

Unit21 and other members of the US consumer fintech community have come together to launch the Fintech Fraud Decentralized Autonomous Organization (DAO), a decentralized network that uses a collaborative data-sharing approach to identify and combat fraud. The DAO allows participating organizations to access aggregated user data through an open-source platform, enabling greater transparency and faster identification of suspicious and potentially fraudulent activity.

Read on to find out more.

Frank Roe Joins LastPass Board of Directors

LastPass has named Frank Roe, CEO of SmartBear Software, to its board of directors. Throughout his nearly 25 years of experience as a technology leader and innovator, Roe has developed a holistic understanding of business complexities, the importance of collaborative leadership, and the keys to creating sustained, long-term business growth. the company through his previous positions, including those at Oracle. and Rogue Wave software. As a member of the LastPass Board of Directors, Roe is expected to help shape LastPass’s business management and strategic planning, as well as evaluate business performance and support relationships with key stakeholders.

Read on to find out more.

Socure estimates that financial losses from synthetic fraud will reach nearly $5 billion by 2024

Socure, a provider of digital identity verification and fraud solutions, recently released a report on synthetic identity fraud that illustrates the growing threat this type of fraud poses to US industries, government agencies and consumers. . If synthetic identity fraud continues to go unchecked, losses will double, from about $2.48 billion this year to nearly $5 billion in 2024, according to the research.

Read on to find out more.

Solutions Review Announces 4th InfoSec Insight Jam 2022

Insight Jam News BadgeThe InfoSec Insight Jam is a community web event that shares expert insights and proven best practices for evaluating, deploying, and using Identity Management, Endpoint Security, and InfoSec solutions. The editors of Solutions Review bring together the best and brightest minds in the InfoSec industry for a day-long social media roundup. Attendees will include industry analysts, experts, influencers, practitioners, and software solution providers under the hashtag #InfoSecInsightJam.

Read on to find out more.

PsiQuantum and Air Force Research Laboratory announce $22.5 million contract to build the world’s first utility-scale quantum computer

This week, PsiQuantum announced a $22.5 million contract with the Air Force Research Laboratory (AFRL) in Rome, NY, to formalize their partnership in quantum computing. This project enables collaboration between PsiQuantum and AFRL on quantum photonic chips, which are used to control and process qubits based on single photons. These advanced quantum photonic chips will be co-designed by PsiQuantum and AFRL and manufactured at the GlobalFoundries semiconductor facility in Malta, NY

Read on to find out more.

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