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The Business of Cybersecurity: News From Verinext, ColorTokens, Cohesity, and More

In this cybersecurity news roundup, see how organizations across the country are combating cyber threats and challenges.

Cybersecurity is constantly evolving, with new threats, cutting-edge technologies, and major company announcements emerging daily. Keeping up with these developments is essential to protect your organization and its clients from potential risks. Here’s a look at some key business developments that are steering the future of cybersecurity. 

Partnerships

Verinext has partnered with Halcyon, a leading anti-ransomware company, to help fill every endpoint protection gap as part of their joint mission to defeat ransomware and prevent resulting business downtime. In a recent quote, Brian Yost, Director, Cybersecurity Strategy, Verinext, said, “We have been impressed by Halcyon’s unique anti-ransomware platform. It is easy to deploy, doesn’t conflict with existing endpoint security solutions, and provides several unique levels of protection against ransomware attacks. Their model is the first platform to specifically target the problem of ransomware, filling gaps other providers miss. We are absolutely thrilled to partner with them.”
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Cohesity has expanded its partnership with CrowdStrike. According to Cohesity, an AI-powered data security company, the arrangement will combine its data protection capabilities with CrowdStrike’s threat intelligence feeds, helping customers identify threats in their backup copies with higher fidelity and accuracy. In a recent quote, Daniel Bernard, Chief Business Officer, CrowdStrike, said, “Our continued partnership with Cohesity and latest joint efforts reflect our shared commitment to cyber resilience. To stay ahead, enterprises benefit from streamlining threat intelligence and response efforts while also harnessing their vast secondary data to gain security insights. This integration provides the technology and intelligence they need to reduce risk.”
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Read More: The Business of Cybersecurity: News From Tenable, GitHub, Saviynt, and More

Acquisitions

ColorTokens Inc., has officially acquired PureID, which specializes in secure identity and access management. ColorTokens, an enterprise microsegmentation company, hopes the acquisition will improve its Enterprise Microsegmentation Platform, Xshield, by incorporating identity-based segmentation for cloud and containerized, IoT/OT, and user environments. In a recent quote, Rajesh Khazanchi, CEO of ColorTokens, said, “PureID’s identity-based segmentation aligns with our vision to provide stronger segmentation and smarter containment while still allowing reliably identified access to business-critical resources. These capabilities play a key role in the continuous enhancement of our Xshield product to ensure organizations are effectively protected from the growing risk of cybersecurity threats.”
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ConnectWise has agreed to acquire Axcient, which specializes in data protection and disaster recovery solutions, and SkyKick, which concentrates on in-cloud backup and management software. ConnectWise, a software company that focuses on the needs of managed service providers (MSPs), hopes these acquisitions will enhance its cybersecurity and data protection offerings. In a recent quote, Jason Magee, CEO of ConnectWise, said, “At ConnectWise, we are committed to delivering innovative solutions that empower MSPs to drive profitability and efficiency. By integrating Axcient and SkyKick into the ConnectWise portfolio, we offer MSPs a complete technology stack that improves data protection and cybersecurity. This integration empowers MSPs to scale their business while safeguarding clients with confidence.”
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About the Author

Alexis Gajewski, Senior Content Strategist, Plant Services

Alexis Gajewski has over 15 years of experience in the maintenance, reliability, operations, and manufacturing space. She joined Plant Services in 2008 and works to bring readers the news, insight, and information they need to make the right decisions for their plants. Additionally, Alexis works on initiatives for other Endeavor Business Media brands that specialize in the manufacturing industry, and helped launch the group's new podcast series Great Question: A Manufacturing Podcast.

 

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