Endpoint Security and Network Monitoring News for the Week of July 26; Perception Point, Mimecast, Security Innovation, and More

The editors at Solutions Review have curated this list of the most noteworthy endpoint security and network monitoring news for the week of July 26. This curated list features endpoint security and network monitoring vendors such as Perception Point, Mimecast, Security Innovation, and more.

Keeping tabs on all the most relevant endpoint security and network monitoring news can be a time-consuming task. As a result, our editorial team aims to provide a summary of the top headlines from the last month in this space. Solutions Review editors will curate vendor product news, mergers and acquisitions, venture capital funding, talent acquisition, and other noteworthy endpoint security and network monitoring news items.

Endpoint Security and Network Monitoring News for the Week of July 26

Perception Point Named in Frost & Sullivan’s 2024 Frost Radar for Email Security

Perception Point, a leading provider of advanced email and workspace security solutions, this week announced its recognition in Frost & Sullivan’s Frost Radar: Email Security 2024 report as a notable innovation and growth leader. The report provides an in-depth analysis of the email security market, highlighting leading companies that demonstrate excellence in innovation, customer impact, and market performance. “We are honored to be recognized by Frost & Sullivan as a leader in market growth and innovation, particularly for introducing advanced AI-powered detection engines that counter the rising sophistication and volume of email-borne cyberattacks,” said Yoram Salinger, CEO of Perception Point. “In today’s evolving modern workspace, where the attack surface is continually expanding, we’ve harnessed GenAI, proprietary detection engines, and human expertise to develop and deliver robust threat prevention solutions for email, browsers, and Saas apps. Our integrated approach focuses on protecting users across the main attack vectors, while minimizing management overhead and streamlining incident handling. This recognition from Frost & Sullivan further drives our commitment to providing advanced, innovative solutions that counteract emerging threats, ensuring that our customers can maintain a secure, streamlined, and resilient workspace in the challenging cyber landscape.”

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Mimecast Announces Acquisition of Code42, Expands Human Risk Management Platform

Mimecast, a leading global cybersecurity solutions provider, announced this week the acquisition of Code42, an insider threat management and data loss prevention solutions provider. Expanding on the success of their existing technology partnership, this acquisition marks a critical step in Mimecast’s strategy to “revolutionize how organizations manage and mitigate human-centered security risks.” The financial terms of the deal were not disclosed. Mimecast will continue to maintain and support the existing Code42 customer base. Code42’s Incydr product is now available for sale to Mimecast customers and these capabilities will be integrated into the Mimecast platform over the coming months.

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SonicWall Releases 2024 Mid-Year Cyber Threat Report

SonicWall released this week the 2024 SonicWall Mid-Year Cyber Threat Report, researched and compiled by SonicWall Capture Labs, which unveils yet another rise in overall attacks, after seeing an 11 percent increase observed in 2023. The report details the evolving threat landscape over the first five months of this year, highlighting the persistent, relentless and escalating nature of cyber threats globally. “As threat actors continue to add more efficient and sophisticated tactics, we knew the threat report had to evolve to suit our partners’ and customers’ needs,” said SonicWall President and CEO Bob VanKirk. “The report is current and includes timely trends and provides our partners, MSPs, MSSPs and customers with actionable intelligence to help them create and implement strategies to help their customers combat these threats whether new or old.”

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Security Innovation Spins Off Its Training Solutions Division into CMD+CTRL Security

Security Innovation, a software security assessment and training solutions provider, this week announced that it has spun out its training solutions division to form Command and Control Security, d/b/a CMD+CTRL Security as a separate company to continue to build upon the security training programs that make up the CMD+CTRL Base Camp solution portfolio. CMD+CTRL Security will retain all of Security Innovation’s former SaaS training solutions. Subsequently, Security Innovation will be acquired by Bureau Veritas, a global leader in the Testing, Inspection and Certification (TIC) industry, to establish a new cybersecurity hub for its clients in the U.S.

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Expert Insights Section

Watch this space each week as our editors will share upcoming events, new thought leadership, and the best resources from Insight Jam, Solutions Review’s enterprise tech community for business software pros. The goal? To help you gain a forward-thinking analysis and remain on-trend through expert advice, best practices, trends and predictions, and vendor-neutral software evaluation tools.

Human Error and the CrowdStrike Outage

“Last week, CrowdStrike’s Falcon service suffered an unfortunate global outage that affected many customers using the software on Windows systems. CrowdStrike’s incident response team’s speedy action to determine the root cause and notify customers quickly is commendable, and their CEO’s blog was honest and clear.

The culprit was a corrupted file that had been automatically distributed during normal operations. Thousands of CrowdStrike customers are now working to resolve the issue. Now, the conversation has shifted to what could have been done better. Some are suggesting that CrowdStrike could have performed better testing during software development so the corrupted file could have been detected before it was released. However, I don’t necessarily agree with that single statement. Writing software is a complex process, which gets even more challenging as the software’s functionality changes or ages over time, making testing every potential deployment scenario near impossible.

I don’t know the inner workings of CrowdStrike’s testing/QA model, but as they are a security company, I’d assume it’s robust. Any security service provider with customers relying on and trusting regular updates to go directly into production had better get it right. There is no room for error in that scenario. Additionally, even with an extremely thorough test/QA process, software can surprise us by performing differently in real-world production vs. the test environment.

Various comments on social media indicated problems were first observed in Australia and then spread to the rest of the world. In my experience, as a security leader who has been responsible for the security of global companies, if we did a global rollout of any major update, we used a slow ramp-up of the deployment and monitored the impact very carefully, especially in Australia. Since Australia’s workday starts before anywhere else, if we saw a problem there, we’d immediately halt the roll-out. In CrowdStrike’s situation, they have been able to reduce the impact if they had time to block the distribution of the errant file if they had seen it earlier, but until we see the timeline, we can only guess. In the world of security, one must always be prepared for the unexpected and have an incident plan for those surprise events. There is no such thing as perfect software. After all, software is built by humans and to err is human. It’s how quickly you identify and recover from the problem that matters most.”

-Paul Davis, CISO at JFrog