Tag Archive for: BILLION

How Christina Cacioppo Built Startup Vanta Into A $1.6 Billion Unicorn To Automate Complicated Security Compliance Issues

/in


The Stanford graduate built a fast-growing software company to automate what had previously been a manual process. She’s now one of America’s richest self-made women.

About five years ago, Vanta CEO and cofounder Christina Cacioppo received a message from one of the customers of her nascent security and compliance automation company that something was wrong. The automated email the customer received each morning detailing what had happened in their Vanta account in the past 24 hours had the wrong company name in it. Cacioppo responded: “There’s a bug, we’re so sorry. We’ll fix it.”

What the customer didn’t realize was that the “automated” email was actually one that Cacioppo had sent early that morning. Cacioppo, who had founded Vanta just months earlier, set her alarm each day for 5:45 a.m. and crafted the emails by hand. She did this to make sure customers liked the emails before spending time writing code that would automate them. Once she knew what customers wanted, she and Vanta’s founding team sat down and wrote the code—and didn’t need to change it for a year and a half.

It’s just one example of the Ohio native’s scrappy approach—which also included everything from buying coffee in bulk from Costco to running Vanta without formal executive or staff meetings for its first two years. That hustle has helped her company land an estimated 5,000 customers including Quora, Autodesk and payments software firm Modern Treasury, with 600 new customers signing up each quarter, according to Vanta. Cacioppo has also helped score $203 million in funding to date from such venture capital firms as Craft Ventures and Sequoia, including $110 million raised in June 2022 that values the company at $1.6 billion. That’s enough to earn Cacioppo, 36, a spot on Forbes’ list of America’s Richest Self-Made Women with a $385 million fortune based on her stake in Vanta.

“Prior to Vanta, the way security and compliance was done was entirely with spreadsheets and screenshots of information that were collected in folders and shown to [certified…

Source…

Botched Bitcoin blackmail, iSpoof, and Meta’s billion dollar data bungle • Graham Cluley

/in


Smashing Security podcast #323: Botched Bitcoin blackmail, iSpoof, and Meta’s billion dollar data bungle

13 years jail for spoofing scammer, a rogue IT security expert’s Bitcoin blackmail goes wrong, and Facebook’s eyewatering GDPR fine may be only the beginning of its problems.

All this and much much more is discussed in the latest edition of the “Smashing Security” podcast by computer security veterans Graham Cluley and Carole Theriault, joined this week by the Imposter Syndrome Network podcast’s Zoë Rose.

Hosts:

Graham Cluley – @gcluley
Carole Theriault – @caroletheriault

Guest:

Zoë Rose – @RoseSecOps

Episode links:

Sponsored by:

  • Bitwarden – Password security you can trust. Bitwarden is an open source password manager trusted by millions of individuals, teams, and organizations worldwide for secure password storage and sharing.
  • Kolide – Kolide ensures that if your device isn’t secure it can’t access your cloud apps. It’s Zero Trust for Okta. Watch a demo today!
  • Centripetal – Centripetal’s CleanINTERNET defends your assets from cyber threats by leveraging dynamic threat intelligence on a mass scale.

Support the show:

You can help the podcast by telling your friends and colleagues about “Smashing Security”, and leaving us a review on Apple Podcasts or Podchaser.

Become a supporter via Patreon or Apple Podcasts for ad-free episodes and our early-release feed!

Follow us:

Follow the show on Twitter at @SmashinSecurity, or on Mastodon, on the Smashing Security subreddit, or visit our website for more episodes.

Thanks:

Theme tune: “Vinyl Memories” by Mikael Manvelyan.
Assorted sound effects: AudioBlocks.

Found this article interesting? Follow Graham Cluley on Twitter or Mastodon to read more of the exclusive content we post.

Graham Cluley is a veteran of the anti-virus industry having worked for a number of security companies since the early 1990s when he wrote the first ever version of Dr Solomon’s Anti-Virus Toolkit for Windows. Now an independent security analyst, he regularly makes media appearances and is an international public speaker on the topic of computer security, hackers, and online privacy.
Follow him on Twitter at @gcluley, on Mastodon at @[email protected], or drop him an email.

Source…

Computer Vision Market Size Worth USD 22.76 Billion in 2032 | Emergen Research

/in


VANCOUVER, B.C., March 9, 2023 /PRNewswire/ — The Computer Vision market size reached USD 11.90 Billion in 2022 and is expected to register a CAGR of 6.7% during the forecast period, according to the latest analysis by Emergen Research. The increasing demand for automation across industries, advancements in artificial intelligence and machine learning, and the growing need for surveillance and security systems are some key factors driving the growth of the Computer Vision market. 

The integration of computer vision technology in various applications, such as autonomous vehicles, industrial automation, and healthcare, is expected to fuel the growth of the market. The demand for automated solutions in manufacturing and logistics is driving the adoption of computer vision technology to enhance operational efficiency, minimize errors, and reduce costs.

Governments across the globe are also investing in the development and implementation of computer vision technology for surveillance and security purposes. The technology is being utilized for real-time monitoring of public places, detecting criminal activities, and identifying potential security threats. For instance, the Chinese government has deployed millions of surveillance cameras that use computer vision technology to monitor citizens in public spaces.

Request Free Sample Copy (To Understand the Complete Structure of this Report [Summary + TOC]) @ https://www.emergenresearch.com/request-sample/1694

Drivers:

The growing demand for autonomous vehicles and advancements in artificial intelligence and machine learning are expected to drive the growth of the Computer Vision market. Computer vision technology is essential in the development of self-driving cars and drones as it enables them to perceive and interpret their environment accurately.

The healthcare industry is also adopting computer vision technology for various applications such as medical imaging and diagnostics. The technology is being used to analyze medical images, detect diseases, and identify abnormalities.

The retail industry is also leveraging computer vision technology to enhance customer experience and optimize operations. The technology is being used to track…

Source…

Cyber Security Market Exhibits 13.4% CAGR to Hit USD 376.32 Billion by 2029

/in


Pune, India, March 02, 2023 (GLOBE NEWSWIRE) — The global


cyber security market size


was USD 139.77 billion in 2021 and is projected to grow from USD 155.83 billion in 2022 to USD 376.32 billion by 2029, exhibiting a CAGR of 13.4% during the 2022-2029 period. Rising Number of E-commerce Platforms to Drive the Market Growth Fortune Business Insights, provide this information in its report titled, “Cyber Security Market Forecast, 2023-2029.”


Get a Free Sample Research PDF:



https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/cyber-security-market-101165


Key Industry Developments:

GE Healthcare introduced an AI-based network security service to connect AI, medical devices, and process management tools and help hospitals to evade It threats.

To expedite DevSecOps, Fortinet, Inc. purchased application security innovator Skenai. Sken.ai offers comprehensive testing for all major languages and frameworks, as well as all types of scans (SAST, DAST, SCA, Secrets, and more). Machine learning (ML) is used by Sken.ai to correlate and assign a security risk level to each vulnerability discovered across multiple scan kinds and apps.


Report Scope & Segmentation


Report Coverage
Details
Forecast Period 2022 to 2029
Forecast Period 2022 to 2029 CAGR 13.4%
2029 Value Projection USD 376.32 Billion
Base Year 2021
Cyber Security Market Size in 2021 USD 139.77 Billion
Historical Data for 2018 to 2020
No. of Pages 160
Segments covered Component, Deployment Type, Enterprise Size Industry, and Geography
Cyber Security Market Growth Drivers Market Growth will be driven by the Increasing Number of E-Commerce Platforms


Key Takeaways

  • The demand for cybersecurity solutions in healthcare, manufacturing, and government has grown exponentially during the pandemic crisis.
  • Integration of Technologies such as the IoT, Machine Learning, and Cloud to Drive…

Source…